Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 32 min ago

Colombian afforestation projects often use non-native species, unsuited ecosystems -study

Thu, 2024-11-07 07:57
A peer-reviewed study of dozens of afforestation, reforestation, and revegetation (ARR) projects in Colombia has found that while they have removed over 100 million tonnes of CO2, afforestation often uses non-native species or situates projects in ecologically inappropriate biomes.
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New EU environment commissioner expresses support for developing nature credits

Thu, 2024-11-07 03:21
The newly confirmed EU environment commissioner at her hearing with the European Parliament on Tuesday evening said she will explore ‘well-designed’ nature credits during her tenure at the European Commission.
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UAE commits to near-50% emissions cuts in new UN national climate plan

Thu, 2024-11-07 03:17
The UAE has included steeper emissions reduction levels in its third Nationally Determined Contribution (NDC), published Wednesday, pledging a 47% drop by 2035 compared to a 2019 baseline.
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INTERVIEW: Carbon markets could shore up finance for Africa, but not at $10/t -economist

Thu, 2024-11-07 02:53
The voluntary carbon market (VCM) offers an opportunity to raise climate finance in Africa, but more needs to be done to raise the price of carbon and quell the volatility in order to unlock value on the ground, according to a high-profile African economist and former minister.
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BRIEFING: UK agriculture must rethink land use balance to meet net zero, weather global shocks

Thu, 2024-11-07 00:59
Big changes are needed in the UK’s agri-food system to reach net zero emissions and improve resilience to global shocks, including on carbon audits and reducing livestock numbers.
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EU’s new finance chief says she will stick with green agenda

Thu, 2024-11-07 00:55
The EU’s sustainable finance policy for the next five years will focus on implementing legislation agreed under the European Green Deal, said the EU’s commissioner-designate for financial services during a confirmation hearing on Wednesday.
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New GCF policy to channel ‘hundreds of millions’ into REDD+

Wed, 2024-11-06 23:01
The Green Climate Fund’s (GCF) recently adopted policy on REDD+ results-based payments could drive "hundreds of millions" to developing nations, the organisation said this week.
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London Underground air to heat UK capital, save emissions in £1-bln scheme

Wed, 2024-11-06 22:22
Warm air from the London Underground could be used to heat homes in the heart of the UK capital in a new £1 billion scheme that is expected to create 500 jobs and save 75,000 tonnes of CO2 every year.
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Euro Markets: Midday Update

Wed, 2024-11-06 22:13
European carbon prices fell for the fifth time in the last six days on Wednesday as energy markets reacted to the election of Donald Trump in the US, with an increase in selling interest also coming after weekly position data showed investment funds had reduced their bearish bets to the lowest total in more than two months.
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Carbon standard unveils first nature stewardship credit pilots

Wed, 2024-11-06 21:31
A carbon standard will pilot its methodology for nature stewardship credits across two sites in Canada and Zambia, with plans to onboard additional projects in the coming months, the company told Carbon Pulse. 
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Trump victory casts doubt over previous optimism for Article 6 progress in Baku

Wed, 2024-11-06 20:54
The victory of Donald Trump in the US election on Tuesday has cast doubt among observers and negotiators over whether progress is still feasible on Article 6 at COP29 in Baku despite the previous optimism.
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US ELECTION RESULTS: Trump back in charge, climate action set to take a blow

Wed, 2024-11-06 19:26
Donald Trump's re-election as US president will likely usher in another era of loosening environmental standards in the US and a bigger step-back in climate action internationally -- at a time when the Paris Agreement's 1.5C goal is slipping out of reach and emissions have yet to peak.
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Indian carbon project developer taps into the US market, targets aviation sector

Wed, 2024-11-06 19:17
An India-based carbon credit developer and supplier has teamed up with a local partner to tap into the US market, targeting potential clients from the aviation sector.
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Gold Standard consults on multiple key carbon crediting documents

Wed, 2024-11-06 19:07
Gold Standard has opened consultations on multiple guiding documents relating to carbon crediting projects this week as the registry builds on recent approval obtained from the UN to supply the current phase of the CORSIA international aviation offsetting scheme.
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Amazon’s climate fund backs new peatland standard in Ireland

Wed, 2024-11-06 18:48
US e-commerce giant Amazon will support a new voluntary certification programme in Ireland aimed at restoring 700,000 hectares of degraded peatlands that could avoid up to 2 million tonnes of CO2 emissions annually.
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Reactions to Donald Trump’s 2024 US election win

Wed, 2024-11-06 18:41
Donald Trump’s return to the White House following the 2024 US presidential election is seen as a setback for global efforts to tackle climate change, just days before the COP29 UN climate summit opens in Baku, Azerbaijan.
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Washington votes to retain state’s carbon market

Wed, 2024-11-06 17:41
Washington voters appear to have decided to retain the state’s cap-and-trade programme by rejecting a ballot measure that sought to dismantle it, preliminary election results showed.
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Emissions cuts could alter global ocean heat balance through 2100, researchers warn

Wed, 2024-11-06 15:28
Efforts to cut greenhouse gas emissions later this century could drastically alter the way oceans absorb and distribute heat, with lasting impacts on climate patterns, a new study has found.
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Central bank-led NGFS releases new climate risk scenarios, predicting deeper economic impacts by 2050

Wed, 2024-11-06 15:03
The Network for Greening the Financial System (NGFS) on Tuesday released its latest climate macro-financial scenarios, signalling increased economic risks from climate change by mid-century.
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Record Q2 deficits shave Oregon’s CFP credit bank, programme surplus nears 1.5 mln

Wed, 2024-11-06 13:46
With the highest quarterly net deficits in programme history, Oregon’s Clean Fuels Program (OCFP) credit surplus increased to just under 1.5 million in the second quarter of 2024, according to state data published Tuesday.
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