Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 35 min ago
South African exchange teams up with Xpansiv under new environmental markets venture
The Johannesburg Stock Exchange (JSE) has teamed up with infrastructure provider Xpansiv to allow local participants to buy or sell carbon credits and renewable energy certificates held in either local or global registries.
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New funding round for clean cooking companies to open in November
The second funding round organised by the Modern Cooking Facility for Africa (MCFA) initiative will open at the end of November with €16 million up for grabs, designed to provide finance to scale clean cooking solutions across seven African countries.
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Biodiversity Pulse: Thursday October 12, 2023
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).
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World Economic Forum to launch buyers club for biodiversity credits
The World Economic Forum (WEF) is putting together a buyers club for biodiversity credits to be launched early next year with several major companies already signed up ahead of what is planned to be a pilot auction to be held at an undecided date next year.
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Almost two-thirds of EU firms face losses due to climate change, says report
More than 60% of EU companies say they have experienced losses due to climate change, an increase on last year, but only around half of those firms are taking action to build climate resilience amid increasingly stringent financial conditions across the region, according to a report released Thursday.
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Euro Markets: Midday Update
European carbon prices were modestly higher in thin trading on Thursday morning as energy prices resumed their upward march with natural gas rising to a seven-month high and triggering short covering that briefly took EUAs above a key level.
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Disparity between rating agency grades and price revealed in new partnership
A wide disparity between some carbon credit prices and measures of their quality has been revealed after a rating agency teamed up with a marketplace platform.
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Australian graphite firm posts 15% CO2 cut in pilot, strikes deal with UK cement maker
Concrete is one of the world’s most emissions intensive industries with few ways to quickly and easily decarbonise, but an Australian junior has partnered with the UK’s largest cement maker with a new technology that could cut them by 15%.
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Biochar may help remove up to 3 bln tonnes of CO2 annually -report
Biochar has the potential to remove up to 3 billion tonnes of CO2e per year, about 6% of global greenhouse gas emissions, and can accelerate global decarbonisation, according to a report published this week.
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Biodiversity net gain needed for Europe, says energy investment boss
A renewable energy investment outfit is already achieving biodiversity net gain as a result of the UK’s compliance scheme, but they want a similar process across the European continent, according to the company's chief investment officer.
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Australian govt to begin consulting on EPBC reforms
The Australian government has brought forward consultation on its overhaul of the country’s environmental laws, which observers hope will create vast improvements on the way climate and biodiversity issues are handled.
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PREVIEW: NZ election likely to bring change in govt, providing ETS stability but seen as backward step for climate action
New Zealand’s centre-right National party is all but certain to win this weekend’s election, which will likely provide short-term stability to the country’s emissions trading scheme, but higher emissions in the long term as it looks to wind back key climate policies.
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Hydrogen pricing structures immature but carbon taxes could help, analysts find
The cost of producing green hydrogen has been a focus since the clean energy source began gaining popularity at the end of the last decade, but actual pricing for sale is less clear.
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Nature funders join forces on biodiversity, climate change
The Prince Albert II of Monaco Foundation (FPA2) and impact fund Una Terra Venture Capital Fund have formed a comprehensive partnership that will focus on climate change mitigation, biodiversity restoration, and ocean conservation, they announced.
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ASX to launch ACCU futures contract by 2025 -sources
The Australian Securities Exchange (ASX) is looking to launch a futures contract for Australian Carbon Credits Units (ACCUs) by 2025, in time for the first surrender period for facilities covered under the Safeguard Mechanism, multiple sources have told Carbon Pulse.
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CP Daily: Wednesday October 11, 2023
A daily summary of our news plus bite-sized updates from around the world.
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CARBON FORWARD 2023: STX Group dives into asset management with launch of global carbon fund
Amsterdam-headquartered environmental commodities trading firm STX Group on Wednesday announced its first foray into the asset management industry with the launch of a global carbon fund that seeks to “catch the potential upside” of emissions trading schemes outside of Europe.
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Fintech firm forms data sharing agreement with global exchange operator
An Australia-based fintech firm has formed a partnership with a global exchange operator to offer its carbon credit pricing data to subscribers on its platform, the companies announced Thursday.
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Business group announces campaign for nature-positive strategies
A campaign to encourage businesses and financial institutions worldwide to submit nature-related strategies has been announced by Business for Nature.
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California compliance offset issuance climbs back up, as voluntary retirements increase in Q3
California increased the issuance of compliance offsets over the last two weeks as credits tagged with direct environmental benefits to the state (DEBs) also rose, as more entities retired units for voluntary purposes in recent months, according to data published by the state regulator ARB on Wednesday.
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