Carbon Pulse

Land management firm Restore has initiated discussions with investors to set up a fund to secure a 40,000-hectare biodiversity uplift across the UK.

A biofuel in place of traditional shipping oil has cut emissions by 83% as part of an $18 million trial to abate the shipping sector’s carbon footprint.

A state-owned insurance major in China has launched the country's first forest biodiversity insurance that provides compensation for environmental damage, targeting a region in Zhejiang province's Ningbo city.

Australia has laid out the next steps in its process of deciding whether or not to implement a carbon border adjustment mechanism (CBAM) as part of its efforts to combat carbon leakage.

A daily summary of our news plus bite-sized updates from around the world.

A Vancouver-headquartered carbon credit financier on Monday announced a multi-year carbon credit purchase agreement with the Canadian subsidiary of a large energy company, marking the firm’s first foray into developing credits for the country’s various compliance-based environmental markets.

The Mexican cap-and-trade system will not begin its operational phase until some time next year due to the complex process of establishing final regulations, a government official said Monday.

RGGI Allowance prices barely budged over the past week as a sympathy trade with California Carbon Allowances vanished, and in the absence of fundamental drivers from weather and regulatory developments.

A Toronto-headquartered voluntary carbon credit financier maintained its net loss for the first six months of 2023, in contrast to a robust net income during the same period in 2022, according to quarterly earnings reports published Monday.  

Greenhouse gas emissions from the EU's shipping sector are not likely to reach 2019 levels for the next two years due to lower demand for shipping services as well as the sector's decarbonisation efforts, analysts predict, exerting additional downward pressure to an already bearish outlook for EUA prices in 2024.

Carbon credit prices were little changed over the past week amid a typical summer slowdown that has been heightened by a generally gloomy macro-economic environment in the Global North.

The Duerrenstein-Lassingtal Wilderness Area in Lower Austria has announced its first "climate partnership" with a cosmetics and food supplements company, aiming to provide corporates with a means to offset their emissions.

A Spanish energy company announced it has entered into the voluntary carbon market by launching a new company focused on nature-based projects as it targets mitigation upwards of 60 MtCO2e.

UK-based CreditNature has won a contract with the Scottish government to develop a biodiversity credit system, in an effort to catalyse the voluntary market in Scotland.

The Carbon Advisory, Regulations and Reporting team manages the consolidated Origin Group's regulatory and reporting requirements under the various carbon and environmental schemes, covering Federal & State governments, mandatory and voluntary frameworks, internal and external stakeholders.

Nature and carbon standard Plan Vivo has launched a second consultation on its 'PV Nature Methodology', making significant changes from the first draft based on public feedback, such as introducing a standardised way to collect and analyse data, and amendments to the calculating of percentage change in biodiversity. 

The Senior Carbon Analyst will provide accurate monthly reporting of liability actuals and ensure full compliance with all mandatory and voluntary Environmental Schemes for Origin and timely, efficient completion of all commodity creations.

European carbon prices climbed to their highest in nearly two weeks in relatively thin trading on Monday morning as market activity slowed during the peak of the summer break.

The government of Zimbabwe and a Dubai-headquartered project developer have inked a Memorandum of Understanding for investment in emissions mitigation activities in the African country, according to a media source.

Singapore and Chile on Monday signed a Memorandum of Understanding (MoU) on carbon trading under Article 6.2 of the Paris Agreement, including plans to explore potential collaboration with third countries.