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: 45 min 49 sec ago
Kenya sets out to join LEAF Coalition while developing jurisdictional forest carbon approach
Kenya has signed a Letter of Intent (LOI) to supply emissions reductions and removals credits to the LEAF Coalition – a public-private initiative by global corporations and rich countries to purchase forest carbon credits certified by the jurisdictional Architecture for REDD+ Transaction (ART) programme.
Categories: Around The Web
Verra launches review of improved forest management methodologies
Verra is reviewing all Improved Forest Management (IFM) methodologies which may shorten future project development timelines, the standards body announced Friday.
Categories: Around The Web
Danish firm expands nature carbon portfolio in ‘beyond value chain’ partnership with WWF
A Danish manufacturing company has teamed up with green group WWF to add two projects to its nature-based carbon portfolio as part of its 'beyond value chain' mitigation plans to "capture" emissions from its historical operations dating back to 1941.
Categories: Around The Web
Euro Markets: Midday Update
European carbon prices fell back on Friday, trimming the week's gains after the market had failed to hold on to its substantial jump on Thursday, as gas prices also dropped sharply as North Sea production was set to increase sooner than anticipated after unplanned outages.
Categories: Around The Web
Governments must regulate to drive biodiversity action, asset manager says
Governments must introduce tougher regulations on biodiversity because companies won’t act on their own at the scale needed to stave off to nature and biodiversity loss crisis, according to a UK-based asset manager.
Categories: Around The Web
CN Markets: CEA price dragged down by block deal amid bearish market expecations
Spot prices in China’s national emissions trading scheme (ETS) dropped over the past week after a block deal last Friday, with market participants remaining conservative about the price outlook due to the relatively generous allowance allocation rules.
Categories: Around The Web
Decarbonisation measures needed for China’s express delivery industry as emissions surge -report
China's express delivery industry needs to take more decarbonisation measures as emissions from the sector have continued to grow significantly over the past few years, a report has called for.
Categories: Around The Web
Cambodia lines up three REDD+ projects for 2024 launch
The Cambodian government has cleared three REDD+ projects for participation in the voluntary carbon market, with project start dates set for 2024.
Categories: Around The Web
V20 blue carbon auction clears near $30
An Australian carbon fund manager this week auctioned off 50,000 blue carbon credits from a major project in Pakistan, with the sale clearing close to $30.
Categories: Around The Web
Deputy Head (Principal) Carbon Pricing Unit, Program Lead Mobilizing Article 6 Trading Structures (MATS) Program, GGGI – Seoul
GGGI is seeking a deputy head of unit to lead the MATS Program and further take a leading role in the development and management of the Carbon Transaction Facility (CTF).
Categories: Around The Web
CP Daily: Thursday June 15, 2023
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
WCI Markets: CCAs push higher from rulemaking workshop and into options expiry, Washington reserve sale size boosts secondary market
California Carbon Allowance (CCA) prices rallied through a packed week of activity including a cap-and-trade public workshop discussing plans to increase programme stringency, options expiry, and macro markets rallying after a pause in the US interest rate hiking cycle, while Washington Carbon Allowances (WCA) initially lurched higher on the announcement of a small reserve sale in August.
Categories: Around The Web
Respite for big emitters as Germany unveils plans to close 2030 emissions cut gap
Germany's economy ministry on Wednesday unveiled a draft of its long-anticipated climate action programme, easing the burden on big emitters while seeking to steer the nation towards its currently-out-of-reach 2030 emissions reduction target.
Categories: Around The Web
Canada-based developer finalises $2.5 mln pre-sale of African reforestation credits to mystery buyer
A Sierra Leone rewilding project run by a Canadian company had $2.5 million (C$3.3 mln) of its yet-to-be generated carbon credits pre-purchased by a Fortune 100 company, the developer announced Thursday.
Categories: Around The Web
OECD says multinationals should use carbon credits only as a last resort
Carbon credits should only used as a last resort in corporate climate action, and large corporates should prioritise eliminating or reducing sources of emissions over offsetting, the Organisation for Economic Cooperation and Development (OECD) has advised in updated guidance.
Categories: Around The Web
Singapore-based trading platform seeks new markets to add to REDD benchmark
Moves to create a benchmark price for voluntary carbon credits are gathering pace, with Singapore-based CIX platform now exploring other categories in the market after launching its REDD avoided deforestation assessment last week, a company executive told Carbon Pulse on Thursday.
Categories: Around The Web
Spain to push electricity market reform under EU presidency, as election looms
Spain wants to speed up a reform of the EU electricity market design as the country prepares to take over the rotating EU presidency next month, though the nation's July elections may spur a rapid change in course as the ruling administration trails in the polls.
Categories: Around The Web
*Director, Africa Carbon Markets Initiative (ACMI), Global Energy Alliance for People and Planet (GEAPP) – Nairobi
*PREMIUM LISTING - The Director, ACMI, hired by GEAPP, will hold the core of ACMI work together during the initial phase of institutional set-up, coordinating the strategic implementation of all 13 Action Programme in the lead-up to COP28. They will be responsible for overseeing progress along each Action Programme, working closely with each Project Coordinator responsible for leading a specific Thematic Group to ensure the successful implementation of the ACMI roadmap.
Categories: Around The Web
Canada-based voluntary carbon project investor launches online credit marketplace
A Canadian-based voluntary carbon project investor has launched an online marketplace offering credits from its portfolio.
Categories: Around The Web
ANALYSIS: Negotiators advance talks on Article 6 technicalities despite chaos of UN Bonn summit
Parties negotiating rules for the new Article 6.4 UN carbon crediting mechanism under the Paris Agreement managed to advance discussions on technical details during UN climate negotiations held in Bonn over the past two weeks, despite chaotic scenes that held up wider progress at the gathering.
Categories: Around The Web