Carbon Pulse

A paper currently undergoing peer review aims to cut through current debates on how best to do area-based biodiversity conservation in light of the increased global attention on national biodiversity targets and investments and the emergence of nature-based credit markets.

A consortium has come together in a first of its kind project to enable households in Bangladesh and Cambodia access to clean cooking solutions while generating income through their cooking practices through a carbon credit revenue share system.

Power generation across EU countries fell to its lowest level in the first six months of 2023, as a 5% drop in overall consumption year-on-year and strong renewable output led to a 23% collapse in coal and 13% fall in gas burn.

South Korea is planning to sign a Memorandum of Understanding (MOU) with Laos by the end of this year to deepen their cooperation on REDD+ projects, as Seoul has committed to securing more international credits for its climate goals.

A new alliance formed this week has become the latest to target sustainable agriculture in an effort to save water and reduce methane emissions from rice cultivation in India.

The world is far from meeting an International Panel on Climate Change target to limit global warming to 2C above pre-industrial times and will continue to use fossil fuels at a much higher rate without more investment, new technologies, and better policy settings, according to oil major ExxonMobil.

New Zealand’s forestry regulations needs to be balanced to gain rural community support while at the same time allowing the sector to expand to the scale required to meet the country’s climate goals, an expert told a conference Wednesday.

Australia has just released 10 new areas for large-scale CO2 storage off its coast, nominated by its oil and gas industry which has pulled back on traditional offshore work in recent years.

New Zealand Climate Change and Environment Minister James Shaw on Wednesday defended the government's consultation process and refused to rule out policy options as he addressed foresters' concerns about the options raised in the ETS review.

The New Zealand government will publish a paper relating to its approach to Internationally Transferred Mitigation Outcomes (ITMOs) in the coming days, the minister for climate change and environment told a conference Wednesday.

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

A publicly-traded European carbon credit firm faces delisting from Amsterdam’s Euronext stock market.

One of the largest players in the voluntary carbon market (VCM) has undergone a major restructuring to reduce staff amid the challenging economic environment of high interest rates and stalling demand.

Nine state governors whose jurisdictions cover the Amazon rainforest have penned a letter calling for the proposed Brazilian System of Emissions Trading (SBCE) to include existing subnational REDD+ programmes, and allow subnational representatives to help comprise the future cap-and-trade system's governing body.

The 11 RGGI member states on Tuesday announced they will host a public meeting in late September to discuss and seek feedback on the third programme review thus far, alongside results of their electricity sector analysis for reforming the power sector carbon market.

The final Nova Scotia cap-and-trade sale saw its smallest number of bidders and steepest undersubscription rate ever as it cleared at the scheme’s floor price, according to results published by the provincial government on Tuesday.

Market participants mostly expect Washington’s third cap-and-trade auction in 2023 to settle near steep front-month allowance prices on the secondary market, with the Wednesday sale almost guaranteed to once again trigger a reserve permit offering.

Standards body Verra on Tuesday announced updates to its VCS programme such as labels for carbon credits featuring removals and alignment with Article 6 of the Paris Agreement, as well as to further align it with several international programmes and quality initiatives.

There are a few media outlets that have taken the route of sensationalising and systematically criticising emission reduction projects financed through carbon credits, but we cannot continue to belittle all the efforts that are being made to achieve net zero, writes Alexis Leroy of Allcot.

European Commission President Ursula Von der Leyen on Tuesday proposed Dutch deputy prime minister and foreign minister Wopke Hoekstra as the next EU climate commissioner, following an interview with the candidate put forth by the outgoing Dutch coalition government.