Carbon Pulse

In order to coordinate the implementation of the Agroforestry action, including the advising to the seedling production at community lever, the establishment of Agroforestry System, the training to SHF and other stakeholders and supervise local and international partnership, FAO Mozambique intends to recruit an Agroforestry and Carbon Trading Specialist to support the implementation of these component.

Azerbaijan's environment minister, who worked for 26 years at the country's state oil and gas firm, has been appointed as the president-designate of COP29, due to be held in November in Baku.

Sentiment in China's national carbon market is being reset after the market concluded the second compliance period at the end of 2023, with participants expecting more policy updates to be announced later this year.

US-based academics say they have found a more efficient way to capture the CO2 emitted from power stations, which may eventually assist the energy transition.

Even under a moderate implementation of the EU’s biodiversity strategy, tens of millions of cubic metres of roundwood production would be moved to countries with lower governance quality and higher risk of species extinction, a study has warned.

A US-based consulting and engineering services company has been awarded $24 million by the US Agency for International Development (USAID) to preserve biodiversity and natural resources, and promote blue carbon initiatives in Cambodia, it announced Thursday.

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

Washington's Department of Ecology (ECY) presented the volume of current vintage allowances on offer for its first of the four quarterly Washington Carbon Allowances (WCA) auctions of the year, and also published revenue generated following the completion of the first year of the state's cap-and-trade scheme.

California Carbon Allowances (CCAs) plateaued and dipped early during the week following the holiday season before rallying late to near-record highs, while Washington Carbon Allowances (WCAs) declined slightly as the market continues to largely languish in stagnation, market participants told Carbon Pulse.

A Vancouver-based carbon offset developer announced an agreement on Thursday with a US non-profit to assist municipalities in decarbonisation efforts while generating carbon credits in the process.

RMI is seeking a Manager to support our Carbon Dioxide Removal initiative. The Carbon Dioxide Removal (CDR) Initiative is focused on supporting the responsible and effective testing, development, and deployment of CDR techniques, through thought and action.

A Toronto-based voluntary carbon credit firm announced Thursday the reduction in the size of its Board of Directors as part of the firm’s cost cutting efforts.

The Washington Department of Ecology (ECY) announced Thursday that it was rolling forward its emergency rulemaking on the state’s Allowance Price Containment Reserve (APCR) sales ahead of the first auction notice for the year.

The US Department of Energy (DOE) Office of Fossil Energy and Carbon Management (FECM) on Thursday released closing dates on available funding for carbon projects, with deadlines as early as Friday.

*PREMIUM LISTING – Native, a PBC is seeking a Director focused on Market Strategy and Client Engagement. This position is a dynamic, exciting opportunity to significantly shape the trajectory of a market leading organization, and the success and sustainability of global climate actions through carbon projects.

The German government offloaded a record 358 mln emissions certificates in 2023 under the country's domestic CO2 tax scheme for transportation and heating sectors (nEHS), helping it raise an eye-watering €18 billion from carbon permit sales.

Stakeholders have mixed views about EU plans to make the bloc's dirtiest factories pay for more of their CO2 output by curbing their free allocation under the ETS, consultation responses showed on Thursday.

Paris-headquartered Ofi Invest Asset Management has announced it will exclude companies that produce pesticides, as part of its biocides and hazardous chemicals policy.

Exchange-traded funds have cut their EUA positions to the lowest in nearly two and a half years after a six-month decline in allowance prices that has seen the benchmark front-December futures contract drop by more than 31%.

Germany’s GHG emissions fell to their lowest level in 70 years in 2023, driven by an unexpectedly sharp decline in coal use and a significant drop in output from energy-intensive industries, according to a German think tank, pointing to a bearish outlook ahead for EUAs if this trend continues in 2024.