Carbon Pulse

Trading biodiversity credits through agents, rather than directly from project developers, would create more obstacles for the market to overcome, data provider CDC Biodiversite has said.

A Kuala Lumpur-based carbon offset developer has launched a plastic waste collection and recycling methodology in a bid to establish itself in the emerging plastic credit market.

French data company Iceberg Data Lab expects to double the number of clients using its products, including the Corporate Biodiversity Footprints (CBF), for a second time over the next year.

Japan and the Asian Development Bank have agreed to expand cooperation on funding Joint Crediting Mechanism (JCM) initiatives beyond just energy-related projects, in a bid to accelerate financing under the programme and ramp up carbon credit generation.

The European Union must beef up support for its domestic clean tech industry otherwise it will be wiped out by heavily-subsidised Chinese and US competitors, warned Poland’s climate minister.

The federal government has released a draft roadmap for car-dependent Australia on how it will reduce emissions in the transport and transport infrastructure sector for consultation, as part of its six sectoral plans to reduce emissions.

Singapore-based Climate Impact X on Thursday announced it has appointed an interim CEO, after predecessor Mikkel Larsen announced his resignation in March.

Last year saw rapid progress for CCS and CCUS projects across Asia Pacific, with the ability to start dealing with CO2 imports making strides in key regions like Australia, Indonesia, and Malaysia, consultants said Thursday.

Voluntary carbon market volume and value globally declined in 2023 for the second year in a row from its 2021 peak, as intense media scrutiny held back buyers, according to research released on Thursday.

China has released an energy conservation and carbon reduction action plan it says will cut CO2 emissions from energy consumption over the next year by 130 million tonnes.

The spot NZU price has climbed nearly 7% in recent days as the coalition government announced little in new funding on climate initiatives in its latest budget Thursday, focusing instead on funding tax breaks and public service spending.

Policy work by Australian state and federal governments has allowed investors to be more confident to spend cash on climate solutions in the country, a survey released Thursday found, despite global economic headwinds and a perceived lack of investment opportunities in the country.

Brexit has reduced EU ETS-reportable sailing distances by liner services on the North Atlantic by 24% relative to a scenario in which the UK had stayed in the bloc, Danish shipping analysts have estimated.

Zimbabwe’s giant Kariba REDD+ project is set to receive carbon credits via another standards body after its owner withdrew it from Verra’s VCS programme amid protests about a protracted investigation.

A Toronto-based carbon and precious metals royalty and streaming company announced first quarter results for 2024 on Wednesday, with portfolio updates on their offset joint venture interests and a C$200 million ($146 mln) investment pipeline in nature-based offset projects.

Carbon Pulse rounds up May’s developments in Latin American and Caribbean carbon markets, seeing South American countries push forward under Article 6 implementation agreements, compliance carbon pricing systems broaden their base of certification schemes, and new announcements of large-scale nature-based projects.  

Developed countries finally surpassed the target of providing $100 billion annually in climate finance for developing countries in 2022, two years after the original deadline, according to a new climate finance assessment from the OECD.

Extra funding for flood defences and a network of climate action hubs are among the Scottish government’s response to the urgent need for adaptation to warming temperatures, with the country experiencing hotter summers and more coastal erosion, said a government representative on a webinar.

Europe can remove around 300 million tonnes of CO2 a year by simply protecting, restoring, and encouraging growth in its old forests, a new study has found.

Experts at the UNFCCC assessing a REDD+ submission from the Democratic Republic of the Congo (DRC), found that the country's emissions reporting was "partially transparent and partially consistent" with expected standards, identifying areas for capacity-building and future technical improvement.