Carbon Pulse

The Washington Department of Ecology (ECY) on Wednesday issued the first carbon offsets under the state's cap-and-invest programme, awarding them to two projects that collected and destroyed refrigerant gases.

Valuing ecosystem services with monetary figures of investments can help to show conservation activities' true profitability, Hague-headquartered ASN Bank has said.

A certifier’s new REDD+ methodology would have issued fewer carbon credits to past REDD+ projects in three of four cases studied, according to newly-published research, potentially mitigating over-crediting associated with forestry-based activities.

A key test of the impact of the COP28 UN climate talks will be whether the ambition filters through to countries’ updated NDC climate pledges, but experts say the vague language and loopholes of an otherwise breakthrough agreement could hamper this.

A startup seeking seed funding to help channel primary voluntary carbon investment has wound up operations.

The fight to tackle the biodiversity crisis on farms in countries across the EU faces significant obstacles despite the setting of national plans on the topic, the EU executive's environmental department has said.

The EU Ombudsman has criticised the European Commission’s refusal to provide access to documents concerning EU ETS emissions reported for the ceramics industry. 

The Oregon Court of Appeals ruled Wednesday that the US state's market-based Climate Protection Program (CPP) was invalid on the basis of its administrative rules.

Part of certifier body Verra’s definition of nature credits, under the proposed standards in its SD Vista Nature Framework, is equivalent to its description of offsets, an executive at UK-funded development agency FSD Africa has said.

An Indian climate tech startup has raised $550,000 in pre-seed funding towards developing what it said are scalable nature-based sequestration solutions tailored to the country’s unique environmental conditions.

Cookstove carbon credits tagged with Article 6 authorisation look set to trade at around double the price of current market values, according to sources this week as the first of these types of units emerge.

The Catalonian government has approved the creation of a regional carbon credit system to draw investment to local forests, farmland, and coastal and marine ecosystems, the Spanish regional administration announced this week.

European carbon prices rose strongly in the early hours of trading on Thursday before consolidating the advance as activity began to wind down ahead of the holiday season, while energy prices rose for a second day as France's nuclear maintenance programmes for 2024 and 2025 were extended.

A project developer has made use of carbon forward agreements to secure a fixed-term loan via a lending platform in order to provide working capital for the communities behind a mangrove restoration project in Africa.

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Carbon standard and registry Isometric on Thursday released a new direct air capture (DAC) methodology for public consultation.

Electronics company Nokia has announced support for a research project from a Finnish university that aims to pave the way towards a common international standard for biodiversity footprints.

Australia has announced new fuel standards for 2025 when new imports of cars, including SUVs, will need to comply with European fuel standards.

New Zealand government modelling expects the country to overshoot its emissions budget to meet its Paris Agreement target, but not by as much as previously predicted.

Carbon project developer Wildlife Alliance has published an open letter vehemently rejecting human rights abuse allegations at its Southern Cardamom REDD+ project (SCRP) in Cambodia, while attacking Verra over its lengthy investigation process that it says has undermined the project.