Carbon Pulse
![Subscribe to Carbon Pulse feed](https://www.seng.org.au/misc/feed.png)
![Carbon Pulse](https://carbon-pulse.com/wp-content/uploads/2024/01/cropped-apple-touch-icon-32x32.png)
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 33 min ago
State-owned insurer launches China’s first biodiversity insurance policy
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.
Categories: Around The Web
Australia to launch CBAM review
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.
Categories: Around The Web
CP Daily: Monday August 14, 2023
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
Canadian developer announces first compliance carbon sale with multinational energy company
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.
Categories: Around The Web
Mexico ETS compliance phase delayed into 2024
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.
Categories: Around The Web
RGGI Market: RGAs stagnate as traders await catalysts
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.
Categories: Around The Web
Canadian VER investor sees continued net losses, anticipates forthcoming sale of credits
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.
Categories: Around The Web
EU shipping sector’s emissions likely to flat-line in 2024, adding bearish pressure to EUA prices -analysts
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.
Categories: Around The Web
VCM Report: Prices flatline as summer slowdown subdues market activity
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.
Categories: Around The Web
Austrian UNESCO world heritage site launches offsetting partnership
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.
Categories: Around The Web
Spanish utility establishes new nature-focused voluntary carbon markets firm
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.
Categories: Around The Web
UK company wins government backing to kickstart biodiversity credits in Scotland
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.
Categories: Around The Web
Carbon Compliance Analyst, Origin – Sydney
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.
Categories: Around The Web
Plan Vivo opens second consultation on nature crediting methodology
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.
Categories: Around The Web
Senior Carbon Analyst, Origin – Sydney
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.
Categories: Around The Web
Euro Markets: Midday Update
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.
Categories: Around The Web
UAE firm signs agreement with Zimbabwe for Article 6 carbon project development -media
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.
Categories: Around The Web
Singapore, Chile sign Paris carbon credit MoU
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.
Categories: Around The Web
Australian researchers look for partners to form Nature Positive Economy CRC
A new Australian research group will soon bid for government funding to establish itself as cooperative research centre (CRC) with the aim to support A$2 billion in annual investments in carbon, biodiversity, and natural capital markets.
Categories: Around The Web
US grants funds to consortium to study viability for CO2 capturing technology in the Pacific Northwest
The US Department of Energy (DOE) has awarded $3 million to a consortium of 13 public and private entities for conducting the first phase of a large-scale direct air capture (DAC) hub.
Categories: Around The Web