Carbon Pulse

Existing rules around environmental planting carbon projects can make them unsuitable to achieve biodiversity outcomes, a project developer told a conference in Canberra.

Clear definitions around baselines in biodiversity standards are essential to be able to successfully measure outcomes and avoid nature decline, especially regarding offsets, an expert told a conference in Canberra Wednesday.

One of Japan's largest banks has agreed to work with a domestic investor to foster sustainability-related business collaborations, including the creation of carbon credits under the country's bilateral Joint Crediting Mechanism (JCM).

The Manager, Carbon Markets, will support the Head of Carbon Markets to design and implement the Group’s carbon offset strategy as it works towards its 2030 interim targets and 2050 net zero target.

A record number of firms have reported their progress on tackling climate change in 2023, with the US, China, Japan, the UK, and Germany leading the way as home to the highest number of disclosing companies, annual data published by a non-profit organisation revealed.

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

Regulators must act now to stop repeat offenders from greenwashing and engaging in corrupt climate practices, according to a report published Wednesday by researchers, as they warn that a lack of integrity, including in voluntary carbon markets, is threatening progress on halting global warming.

A group of organisations on Wednesday published the Nature Markets Principles, which contain a number of supply and demand-side principles for buyers and sellers of nature-oriented markets in the UK, with the intention to combat corporate greenwashing and support high-integrity, science-based activities in lieu of relevant policy and regulation.

GHG emissions in Quebec during 2022 exceeded the province's cap-and-trade programme limits for the fifth consecutive year, according to government data published Tuesday.

Carbon credits standard body Verra announced Tuesday that it will initiate an investigation into the Kariba REDD+ project and put it on hold following the publication of another investigative article that details new accusations of trophy hunting and financial malpractice in connection with the Zimbabwean project.

The Managing Director will collaborate closely with Sunstone’s visionary Principal and Founder and will lead and manage campaigns on behalf of diverse coalitions and stakeholders to advance climate policy, taking a role at the forefront of the climate movement.

California regulator ARB’s branch chief responsible for overseeing the Low Carbon Fuel Standard (LCFS) has departed the agency just weeks before the commencement of a major rulemaking process to amend the transportation sector climate programme.

The Council of the EU 27 energy ministers reached an agreement on Tuesday on a proposal to amend the bloc's electricity market design, allowing the start of negotiations with co-legislators in the Parliament on Thursday.

A German-based marketplace and provider of tracking infrastructure for carbon removal credits has partnered with an emissions accounting platform.

The Atlantic Canadian Province of Newfoundland and Labrador on Tuesday announced a carbon capture utilisation and storage (CCUS) innovation contest to help decarbonise its oil sector, where the government will fund studies that examine how the technology could work in its unique geography.

Saudi Arabia's Regional Voluntary Carbon Market Company (RVCMC) is to hold a summit for Global South participants ahead of the year-end COP28 UN climate talks in Dubai, it said on Tuesday.

Attorneys for the plaintiff in a lawsuit against Delta's carbon offsetting practices has lodged an opposition to the airline’s motion to dismiss the case in a US federal court, filings showed Monday.

Uzbekistan is to receive $46.25 million to cut fossil fuel subsidies via a debut transaction from a longstanding World Bank-led programme to credit emissions reductions achieved through climate policy initiatives.

UN-backed research to calculate emissions reductions from cookstove carbon projects has been put out for consultation as part of global efforts to address over-crediting concerns, though the work seems to have angered some government authorities and experts.

Inadequate or failed implementation of climate policies is the US’ greatest risk to meeting emissions reductions goals, a consortium of scientists, engineers, and health care professionals said in a report published Tuesday, with nearly 80 recommendations targeting private and public sector engagement.