Carbon Pulse

A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

A Berlin-based venture capital firm has released its approach to assessing biodiversity impact, although there are gaps in the methodology with some major drivers of biodiversity loss not addressed.

A trio of Republican senators will introduce legislation Thursday to implement a carbon adjustment fee on imported products that result in heavy GHG pollution, a move sponsors say targets countries without comparable environmental standards, particularly China.

Taxes and levies on fossil fuel production, shipping, and aviation will be an important alternative source of income for a global climate-related loss and damage fund, in addition to developed country government donations to developing nations facing the worst impacts, said a spokesperson for a legal non-profit ahead of a crunch meeting to set up the UN vehicle.

An ongoing carbon pricing instrument review in Malaysia is expected to be completed by next year, and will help the government choose between establishing a carbon tax or an emissions trading system to accelerate decarbonisation, local media reported Thursday.

European carbon prices plunged to a ten-month low on Thursday morning amid renewed and aggressive selling and despite a strong auction result, as the market appears to be taking on board the scale of bearish fundamentals, while energy prices also fell back for the fourth time in the last five days.

Finnish firm Kuva Space has raised €16.6 million ($17.6 mln) towards its goal of observing the condition of “any material” on the planet through launching 100 satellites by 2030.

A system-wide revamp is needed to ensure high-integrity and equitable outcomes from nature markets, according to the CEO of a new project development firm looking at both carbon and biodiversity credits.

An Australian university is developing a centralised portal to better fill in knowledge gaps around bee data across underreported jurisdictions like Asia and Africa, a move expected to aid in data collection and conservation efforts.

China has loosened the CO2 permit borrowing rules for regulated companies in its national emissions trading scheme, according to sources who have seen a new regulatory update distributed to power companies, as the government seeks to mitigate cost increases for power plants ahead of the year-end compliance deadline.

Asia’s emissions footprint from food is high but variable nation-by-nation, however decarbonising it could be easier than in more complex industries such as aviation.

Nexus seeks a dynamic and driven Carbon Finance Project Manager to manage and execute against a portfolio of carbon finance projects in Southeast Asia.

A group of former Pacific national leaders have railed against Australia’s performance at recent UN talks attempting to establish a loss and damage fund, as the Federal Court has ordered oil and gas company Santos to halt pipeline work at its Barossa gas project.

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

A US bioethanol plant operator will bring its CO2 removal credits to the voluntary carbon market using a removal standards and marketplace’s methodology, it announced Wednesday.

Startups specialising in climate tech raised a record $7.6 billion in venture capital (VC) funding in the third quarter of 2023, in a show of robust health for the US sector amid signs elsewhere of an overall slowdown in VC fundraising.

Australia will task its national think-tank to focus on achieving the country’s energy transition and climate goals, as the government looks to “complement, not copy” the US’s Inflation Reduction Act to incentivise clean energy and tech investment.

The US Northeast and Mid-Atlantic RGGI power sector cap-and-trade system saw overall CO2 emissions decline in Q3 compared to the same quarter last year, programme data published Wednesday showed.

Spot credit prices under the Alberta Technology Innovation and Emission Reduction (TIER) programme climbed in October on significant volume as vintage value differentials continue to rise, according to a report published Wednesday.

A Canadian EV charging solutions provider launched a new initiative to allocate carbon credits for its EV charging station use, the company announced Wednesday.