Carbon Pulse

One of China's largest cities is planning to roll out a special subsidy programme for businesses through the issuance of 'zero carbon vouchers' on an integrated platform to encourage more investments in carbon management.

Singapore and Mongolia have signed a Memorandum of Understanding (MoU) on collaboration under Article 6 of the Paris Agreement, the Southeast Asian island’s tenth such carbon trading partner.

Growth in the number of national and sub-national net zero targets has slowed, though company net zero target-setting momentum continues at speed in the absence of universal standards, according to a report published Monday.

UK-based Botanical Gardens Conservation International (BGCI) is preparing a large number of projects protecting threatened tree species for the fledgling biodiversity credit market, expecting the first issuances before the end of the year.

New Zealand’s opposition National party will keep agriculture out of the nation’s emissions trading scheme and delay a separate pricing mechanism for the sector by five years, if it wins the general election in October, it announced Monday.

Zimbabwe is preparing to host a voluntary carbon markets forum as it targets creating a pan-African registry linked to the country’s Victoria Falls Stock Exchange (VFEX).

Two UK-based technology companies have partnered to publish a draft methodology for crediting emissions removals from restoring peatlands.

New Zealand is unlikely to sell any of the 8.9 million NZUs that will be made available at this week’s auction, market participants told Carbon Pulse, doubting bids will meet the government’s confidential reserve price.

The EU-funded Transparent Project has published the Natural Capital Management Accounting (NCMA) methodology, providing corporations with practical guidance for environmental profit and loss (EP&L) bookkeeping.

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

*PREMIUM LISTING - With the rapid growth in carbon markets driving a new wave of project development, Verra is seeking a Senior Manager to join the Climate Policy and Strategy Team within the Legal, Policy and Markets Department.

*PREMIUM LISTING - With the rapid growth in carbon markets driving a new wave of project development, Verra is seeking a Senior Program Officer or Program Officer to join the Climate Policy and Strategy Team within the Legal, Policy and Markets Department.

Japanese electronics giant Panasonic will trial an internal carbon pricing system in fiscal 2024 that targets scope 3 emissions, it announced Friday.

Speculators significantly reduced their net holdings of California Carbon Allowances (CCAs) this week, while producers built length in the current vintage WCI contract and picked up RGGI Allowances (RGAs), data from the US Commodity Futures Trading Commission (CFTC) showed Friday.

Washington state will make only one-eighteenth of its Allowance Price Containment Reserve (APCR) permits available at the cost containment mechanism’s first sale in August, the Department of Ecology (ECY) announced Friday afternoon, sending secondary market prices soaring to the reserve's Tier 2 price.

Just one EU member state made adjustments to its free allocation of 2023 ETS carbon permits over the past fortnight, according to data released late Friday.

Ghana has opened talks with South Korea to negotiate a bilateral carbon trade deal, an official from the African nation said on Friday as the government continues to lead the field in leveraging the Article 6.2 mechanism of the Paris Agreement.

The Q2 RGGI cap-and-trade auction cleared below $13 for the third consecutive allowance sale against broad market expectations as compliance participation waned, according to results published Friday.

A rating agency has downgraded its score for credits from a wind power project in Brazil while a biomass project in the country has been placed on watch for review.

Global progress on climate change continues to stutter as a key two-week UN summit reaches its halfway point with few signs of progress on Friday, as an academic analysis of national plans showed that almost none of the highly polluting countries have a credible trajectory towards net zero emissions.