Carbon Pulse

The candidate will be responsible for leading the structuring of initiatives associated with climate change, advising internal stakeholders on project development, and evaluating international investment opportunities in global voluntary carbon markets. They will also be responsible for structuring and modelling international carbon offset projects, evaluating funding options, negotiating project documentation, and conducting day-to-day interactions with business units in different jurisdictions.

A meeting of G20 environment ministers ended late on Friday without agreement on major climate issues, though the politicians were keen to stress the potential of emissions trade to enhance climate action despite being divided on whether to discuss the EU’s carbon border measures.

Advisory firm Finance Earth is launching the first nature-based solutions blended finance fund in the UK, a venture it co-designed with investment manager Federated Hermes and with proposed seed funding from the UK's environment agency.

The European Commission published on Friday its new “closer to nature” guidelines as well as providing guidance on ecosystem payment schemes as part of its strategy for improved management of forests across the 27-nation bloc.

Multiple impediments that are holding back demand for credits in the voluntary carbon market (VCM) include a lack of education on the part of potential buyers, the impact of bad press, the current economic climate, and buyer reluctance to sign up to ongoing carbon credit purchases, according to the head of carbon markets at a UK-based bank.

EUAs continued their retreat from a mid-week five-week high on Friday and were on course for a 3% weekly loss by midday, even as the August halving of auction supply looms.

Liquidity improved in China’s carbon market over the past week along with an uptick in prices thanks to the contribution of three block deals, while offset developers are placing bets on forestry projects ahead of the relaunch of the national voluntary programme.

The Australian state of Victoria has announced it will ban gas connections in new homes and public buildings from next year as it races to meet its ambitious 2035 and 2045 emission reduction targets, while the spread between generic and human-induced regeneration (HIR) Australian Carbon Credit Units (ACCUs) widens.

The Malaysian government has released the first part of its Energy Transition Roadmap, identifying 10 flagship projects that it says will help generate major investment opportunities to help the country achieve its climate goals.

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

California will factor in the viability of nascent low-carbon technology roll out and importance having a permit bank as it weighs steeper cups to cap-and-trade allowance budgets over the remainder of the decade, a senior official with state regulator ARB said Thursday.

Using North American automatic programme adjustments in the design of New York’s cap-and-invest scheme, rather than the supply-responsive approaches that their European counterparts use, would better serve to ensure programme stability, experts said Thursday.

California Carbon Allowance (CCA) prices barnstormed as much as 10% over the past two days to new record highs after the state published larger-than-expected scenarios for cutting cap-and-trade allowance supply, while Washington Carbon Allowance (WCA) values climbed ahead of the programme's permit reserve sale next month.

A top EU court has ruled against a Swedish company’s bid to stay in the EU ETS despite its exclusively biomass-fueled operations that had resulted in the facility having almost no reportable CO2 emissions.

Three EU governments are trying to direct public money towards more fossil fuels, rather than steering away as the 27-nation bloc’s overarching climate strategy requires, a report showed on Thursday.

A “good number” of carbon credit projects will fail to attain the ICVCM's Core Carbon Principles (CCP) integrity label, but some market experts judge there to be still too much wriggle room and ambiguity in the cross-stakeholder body's newly-released assessment framework.

Around 15% of the bonds to be issued by the United Development Programme (UNDP) to help support tiger ecosystem protection in four Asian countries could be monetised through the sale of “high integrity biodiversity credits”, depending upon the ability to de-risk the credits through guarantee provisions.

Multiple Europe-headquartered power generation firms reported a significant drop in EU ETS-covered output in quarterly results published late Wednesday and Thursday, while a large steel producer became the latest to flag a weak demand outlook due to wider macroeconomic uncertainty.

The British government has published provisional price tiers for its statutory biodiversity credits as part of upcoming net gain legislation, with the final values to be set by the Department for Environment, Food and Rural Affairs (Defra) and subject to periodic review.

Lawsuits are an increasingly important tool for holding governments and corporations accountable on climate, according to a report published Thursday by the United Nations Environment Programme (UNEP).