Carbon Pulse

Client mapping of the Big Six PR and advertising agency holdings indicates significant potential “conflicts of climate interest”, where clients of the same company advocate for opposing climate policies, according to a recent report.

Carbon markets are fulfilling just a tiny fraction of their potential to shore up much-needed climate finance in the world's 45 least developed countries, with credits issued from both the voluntary and UN-run schemes concentrated in just a few countries, according to a report published on Monday.

California’s Low Carbon Fuel Standard (LCFS) cumulative credit surplus surged to a new record over 3.1 million in Q2, clocking historic highs in renewable diesel (RD) and renewable natural gas (RNG) net credits ahead of the regulator’s board voting to increase programme stringency later this week, according to state data.

An international insurance broker has launched a new facility to help organisations manage fraud risk associated with carbon credits, it said Monday.

An exchange has completed the first two block trades of its physically-settled carbon futures, including volume for credits eligible for the current phase of the CORSIA international aviation offsetting scheme.

European carbon prices rose strongly on Monday morning amid healthy increases in gas and power as traders pointed to weather forecasts supporting thermal generation, with markets also preparing themselves ahead of Tuesday's US presidential election.

A ratings agency has published its first score for a carbon project whose credits have been authorised for Article 6 international transfer, it announced Monday.

Senior executives and a major investor in beleaguered developer C-Quest Capital (CQC) have launched their own company, Bridge Carbon, acquiring CQC’s best projects as the firm is wound down after its founder was indicted on fraud charges.

The shipping industry as well as environmental NGOs have criticised the European Commission’s definition of offshore ships to be included in the EU ETS from next year, saying it will lead to confusion, market distortion, and unaccounted emissions.

Taiwan's fledgling voluntary carbon market has seen emerging demand for nature-based credits, particularly from the tech sector, an executive at a government-backed exchange has told Carbon Pulse.

Singapore-based Climate Impact X (CIX) announced Monday it will collaborate with one of the market's carbon ratings agencies to bring greater transparency to the market via a new ratings system on its trading platform.

The COP16 summit has the potential to drive an increasing number of governments to set up compliance nature credit schemes, which carbon players see as a key condition for swarming into the biodiversity space, a consultancy firm has told Carbon Pulse.

Nine Vietnamese carbon credit projects have been approved for Japan’s Joint Crediting Mechanism (JCM) after the latest meeting of the Joint Committee for the Implementation of the JCM in Hanoi last week, the first new approvals under the scheme in the Southeast Asian country for five years.

A Swiss carbon removals developer alongside a UK-based building materials supplier have launched their first site to remove carbon and permanently store it in recycled concrete in south London.

New research suggests that redesigned contracts in forest conservation programmes could significantly reduce deforestation at a fraction of the usual cost.

A US non-profit has announced a new funding programme offering grants of up to $200,000 to support research into enhanced rock weathering (ERW).

Argentina’s new carbon bill prescribes a revitalised national registry but defers key details regarding Article 6 and the voluntary market (VCM) to a domestic regulatory body, diverging from more explicit approaches seen in other Latin American countries.

Panama on Friday established a temporary moratorium on forest carbon projects and decided to apply state assessment procedures.

Sixteen hours on overtime the COP16 UN biodiversity talks in Colombia were abruptly suspended, after so many delegates left to catch flights that the meeting could no longer legally make decisions, though before that negotiators had approved a DSI fund and a special body for Indigenous Peoples.

Financial entities increased their California Carbon Allowance (CCA) holdings ahead of the final WCI quarterly auction, while Washington Carbon Allowance (WCA) holdings rose amid expectations that a voter initiative to repeal the carbon market will fail at the Nov. 5 election.