Carbon Pulse

European carbon prices resumed their week-long rally on Thursday morning after the previous session's interruption, as traders began to factor in the annual reduction in auction supply due next month and continued to shrug off bearish fundamentals highlighted in recent analyst reports, while energy markets eased for a fourth day.

Indonesia could earn as much as $400 billion annually by 2030 in industry revenue and carbon credit sales if it optimises its massive green growth potential, according to a report released Thursday.

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South Korea's second-largest airline has partnered with a domestic NGO to provide a voluntary carbon trading platform for its passengers, a move that it expects to help reduce emissions in the aviation sector.

A Dubai-based carbon project developer and a Singapore-headquartered exchange have partnered with the ambition to develop Paris-aligned Article 6 carbon markets across the Middle East and North Africa.

Stakeholders are reacting cautiously to the government’s proposal to establish a national biodiversity market in New Zealand, saying that it is a good idea in principle, but the government’s handling of the existing carbon emissions trading scheme gives some little faith in Wellington to administer such a programme.

South Korea's first monthly CO2 auction for the current compliance cycle sold less than 40% of the permits on offer, with the clearing price dropping to a new low amid continued bearish market sentiment due to a lack of policy direction.

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South Africa's goal to achieve 41% renewable energy in its power mix by 2030 looks increasingly difficult, analysts said, with projections showing that only 20% will be carbon-free by the end of the decade.

The Amazon rainforest could irreversibly transition to savannah or grassland due to the compound effects of deforestation, climate change, and more fires, a new study warns.

A Berlin-based startup is approaching several sub-Saharan African governments with the aim to develop nature-based conservation and restoration projects, seeking to tap multiple revenue streams including carbon finance to deliver more resilient outcomes.

It’s been a rollercoaster ride for carbon markets over the past 12 months, with policy changes and ongoing scrutiny seeing some of the most historically stable voluntary carbon credits facing price pressure. The latest analysis from Viridios' AI-powered carbon credit pricing platform VAI shows that despite some  negative market sentiment certain methodologies and geographies continue to trade at a premium.

California regulator ARB on Wednesday announced the date for the next public workshop to discuss potential updates to the cap-and-trade regulation, causing a “frenzy” in an otherwise quiet secondary market.

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California Carbon Offset distributions fell significantly the past two weeks but remained close to 2022 levels, while Quebec also handed out credits eligible for its cap-and-trade programme, according to government data published Wednesday.

The US Department of Agriculture (USDA) on Wednesday announced the federal government will disburse $300 million towards improving the measurement and verification of GHG emissions and CO2 sequestration from climate-smart agriculture and forestry.

Carbon credit certifier Verra removed wetlands as an eligible land type in an interim update to its sweeping consolidated REDD methodology released on Wednesday, with the document revealing a delay to the expected publication of a final version.

A San Francisco-based company on Wednesday announced the commencement of a fund to purchase discounted carbon dioxide removal (CDR) credits and close the monetary gap for suppliers.

Solar panels and electric vehicle technology have expanded more rapidly than anticipated, according to the International Energy Agency (IEA)’s annual update, signalling that governments' positive policy action and increased ambition is translating into measurable results in deploying clean technologies that could help in tackling climate change.

Capturing carbon onboard ships could be a mid-term step to reduce the maritime sector’s greenhouse gas (GHG) emissions while zero-emission fuels are not yet commercially available, according to a  panel of industry experts speaking on Wednesday, though one panellist warned that the sector's carbon accounting needs to improve before such technologies are adopted .