Carbon Pulse

The UK should link its ETS with that of the EU and implement an equivalent EU-style carbon border adjustment mechanism (CBAM) in order to prevent any negative impacts on Northern Ireland trade as the EU CBAM enters into force on Oct. 1 and companies look to circumvent the impact of paying higher customs tariffs on carbon-intensive goods, according to a study published on Monday.

A Seoul-based forest-focused intergovernmental organisation will receive funds of nearly $100 million from a Dutch cooperative bank to promote carbon offset initiatives in Asia. 

Hundreds of millions of dollars were pledged to support Africa’s voluntary carbon market on Monday, the first day of the inaugural African Climate Summit in Nairobi that hopes to kick start a flood of climate change investment into the continent.

A Nairobi-based blockchain carbon credit platform has launched with a futures transaction of more than two million credits sourced from one of its founding partners.

A global panel of scientists and experts on Monday sounded a planet-wide alarm over the staggering economic and environmental cost of invasive species in a report that has been approved by 143 governments.

European carbon prices fell to their lowest in three weeks after finally breaching a key technical support as traders began to react to the resumption of larger auction volumes, while energy prices were weaker amid healthy gas stocks.

Climate change could undermine sustainable forest management efforts in Quebec's boreal forests, but promising strategies could mitigate the impacts of natural disturbances and help bolster resilience.

There remains some confusion over Singapore’s plans to allow the trade of international carbon credits (ICCs) domestically to use against local businesses' carbon tax compliance, according to a note issued by a lawfirm Monday.

The federal government of Malaysia is considering a carbon tax to reduce greenhouse gas emissions, a state official said according to local media.

Integrity Global Partners (IGP) has formed strategic partnerships with project developer Energy Changes and trading firm Gaia Environment to finance restoration and conservation projects, with a primary focus on Africa, it announced Monday.

Australia has appointed a full time chair of the Emissions Reduction Assurance Committee (ERAC) as part of a wider reform of its carbon market and hopes to further its emissions reduction goals.

New Zealand market watchers are once again doubtful that this week’s government-held auction will clear due to a lack of demand.

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A California Assembly committee on Friday endorsed a pair of bills that would require Scope 1-3 emissions reporting and climate-related financial risk disclosures from companies, sending the proposals to await a final floor vote.

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Cameroon's President Paul Biya has hinted at the possibility of introducing a carbon tax as part of the country's 2024 Finance Act, local media reported this week.

Compliance entities saw their CCA net length fall this week after the August WCI auction results were published and amid the September contract expiry, while financial players moved in the opposite direction, according to US Commodity Futures Trading Commission data published Friday.

Washington state announced on Friday the first allotment of allowances to emissions-intensive and trade-exposed (EITE) industries for use in the cap-and-trade programme’s first compliance period.

A Paraguayan senator on Friday introduced a carbon credit bill that he says has greater support than previous legislation that would regulate the voluntary market, and will ultimately replace an older proposal.

Spot carbon credit prices under the Alberta Technology Innovation and Emissions Reduction (TIER) programme slightly dropped below July levels with a continued slowdown in activity, according to a report published Friday.