Carbon Pulse

French and Peru-based developers of nature-based solution projects have partnered to scale up reforestation, afforestation, and agroforestry initiatives in Latin America, aiming to generate both carbon and biodiversity credits.

Since 2019, when the current Ursula von der Leyen-led European Commission took office, coal and gas has been rapidly pushed out of the EU power mix, with her presidency a driving force behind this trend, according to analysis released Monday.

Two-thirds of European green shipping fuel projects are at risk due to lack of certainty from investors, according to a new report.

A voluntary carbon registry has published what it describes as the world's first ocean alkalinity protocol, with buyers already signed up to purchase the first batch of credits.

The European Commission is stepping up efforts to close a deal on international carbon credits, but a successful outcome needs to be based on a clear understanding that emissions reductions or removals – rather than climate finance – are the top priority, a senior EU official has said.

French financial institutions are highly exposed to risks associated with biodiversity loss, with over 40% of securities in their portfolios issued by companies heavily dependent on at least one ecosystem service, a paper has found.

European carbon prices jumped steeply on Monday morning and approached a five-month high after natural gas markets were roiled by an unscheduled outage in the North Sea, while UK Allowances also climbed to their most in nearly eight months.

The operating entity of three Paris airports closes a tender Monday for the provision of voluntary carbon credits from France-based projects to offset some of the group's annual emissions.

India’s biggest bottled water company has proposed developing a framework for establishing water credits to make the beverage industry accountable for its water use. 

A Japanese financial institution has signed an agreement with the London Stock Exchange Group (LSEG) to collaborate on growing carbon markets, they announced in a joint statement Monday.

The Shanghai municipal government on Friday sold all 1 million CO2 permits that were on offer, with the sale clearing in line with the secondary market, well above the auction’s price floor.

Indonesian Ministry of Finance officials have attributed the limited activity on the country’s national carbon exchange to a lack of awareness, as its staff continue to hold seminars and information sessions to get the word out.

Almost 267 million carbon allowances will be withdrawn from the EU ETS over the 12 months starting this September and inserted into the Market Stability Reserve (MSR), the European Commission announced late Saturday in its annual 'TNAC' update.

Toronto-based offset project financier Carbon Streaming Corporation late on Friday announced significant changes to its board of directors and senior management, ousting its current CEO following large financial losses stemming from a doomed Indonesian investment.

Candidates in Mexico's presidential election - to be held this Sunday - have presented differing approaches to ramping up the country's climate ambitions.

Speculators reduced their net length in V24 California Carbon Allowances (CCAs) and RGGI Allowances (RGAs), while both managed money and emitters widened their net short position in Washington Carbon Allowance (WCA) holdings, according to weekly data from the US Commodity Futures Trading Commission (CFTC).

Analysts at a major investment bank are bullish on California Carbon Allowances (CCAs) and RGGI Allowances (RGAs), but added that clarity on California's intentions to address credit surplus in its Low Carbon Fuel Standard (LCFS) is needed for prices to reverse course from their year-to-date lows.

A Caribbean small island developing state (SIDS) has proposed "investing" natural capital in a "development bank" to monetise it, including through carbon credits, although it has a chequered history of delivering on green policy and is plagued by allegations of land grabs and environmental violations.

California regulator ARB illustrated a large reduction in free allowances to electricity distribution units (EDUs), while discussing expanded mandatary emissions reporting that could add new sources of compliance in the joint ETS scheme at a public rulemaking workshop on Friday, but once again refrained from divulging eagerly awaited annual budget cut details, keeping prices in the secondary market in check.

European carbon prices could “take a breather” after rallying 50% from their recent low, analysts at a major investment bank said this week, though they maintained their bullish long-term view.