Carbon Pulse

European carbon prices sagged back towards a key support level on Monday morning as weather models appeared to suggest milder temperatures in the coming days, prompting weakness in natural gas prices, which fed through to EUAs.

Australia should set up a $5-billion ($3.3 bln) fund dedicated to buying up land of high biodiversity value to ensure it meets its commitments under the Global Biodiversity Framework (GBF), a green group-led initiative said Monday.

France will inject €1 billion into funding biodiversity protection and restoration next year as part of a 40-part national biodiversity strategy unveiled Monday.

The Tokyo Stock Exchange on Monday introduced a three-month trial market maker scheme for its carbon trading platform as it is working with the government to boost liquidity in the J-Credit market.

Inconsistent standards and unclear land tenure structures may add complexity to China's forest carbon market, affecting the quality of carbon projects and credits, according to a report released Monday by environmental group Greenpeace.

The Australian government has launched a consultation on the model used to generate some Australian Carbon Credit Units (ACCUs), as the Clean Energy Regulator issued around 720,000 units in its latest update.

Long term structural issues in New Zealand’s emissions trading scheme will see current market drivers becoming less able to control the scheme in the future, according to analysis.

Australian human-induced regeneration (HIR) carbon credit projects are once again being scrutinised, with a published scientific article arguing they are “not supported by scientific evidence”.

The 30 most polluting companies in the EU are causing half of the emissions registered under the bloc's ETS, a new report revealed on Monday that compiles carbon market installations by company ownership.

A global pledge made two years ago to reduce methane emissions is not delivering due to lack of funding and shortcomings in its governance framework, and could miss its objectives without action, according to analysis published on Monday.

Only a quarter of the financial institutions who are members of the Glasgow Financial Alliance for Net Zero (GFANZ) or Race to Zero have at least one deforestation policy for a high-risk commodity, according to a report released Monday.

Australia is on track to cut emissions by 42% below 2005 levels by 2030, just shy of its official NDC, however a report has argued that these reductions are dwarfed by the emissions from new fossil fuel projects approved by the Albanese government.

More than 100 nations have established an aspirational 2030 goal to cut the carbon intensity of aviation fuel, although some governments remained wary about the effect on their economies.

The IUCN Red List of Threatened Species is incomplete, partially outdated, and has several other limitations suggesting it should not play the critical role it does in determining conservation policy-making and funding for governments, NGOs, and philanthropists, a new study has claimed.

California Carbon Allowance (CCA) prices seesawed ahead of Q4 WCI auction results published on Wednesday as transactions of hit peak volume just before US Thanksgiving, while Washington Carbon Allowances (WCAs) saw a rise in both price and volume, seemingly unaffected by WCI auction results.

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

A second physical carbon exchange-traded commodity (ETC) that tracks EU Allowances has launched in Europe.

Certifier Verra has given the green light for carbon credit issuance from a huge soil carbon project in Africa to restart following a quality control review, although detractors of the venture have called the investigation a “shocking whitewash” that failed to address methodological flaws.

Countries are already advancing plans to trade emissions reductions from forest carbon activities under Article 6.2 of the Paris Agreement, yet a decision on the eligibility of such initiatives under the Paris pact's Article 6.4 centralised carbon crediting mechanism is not imminent, a potential misalignment that has experts at odds.

The EU and Canada established on Friday a Green Alliance to strengthen their climate cooperation, including an aim to cover over half of global emissions with carbon pricing policies.