Carbon Pulse

Paraguay’s largest REDD+ project is set to receive its first batch of carbon credits.

A US-based carbon reductions and removals firm has raised $9.4 million in a Series A funding round.

California Carbon Allowance (CCA) prices briefly sold off on Tuesday after state regulator ARB and the Quebec environment ministry released presentation slides for Wednesday’s workshop to discuss potential amendments to the WCI-linked cap-and-trade programmes, including more ambitious GHG reduction scenarios both before and after 2030.

Carbon market participants expect EUA prices to average more than €100/tonne by the next two to three years as the impact of recent reforms tightens supply, according to a survey published Tuesday that adds how voluntary carbon market trading volume is predicted to rise again after last year's decline.

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California’s WCI-linked cap-and-trade programme has not proved successful at decoupling emissions and economic growth, serving as a warning to jurisdictions considering such a policy, according to a new regionally focused study that employed limiting parameters and a narrow frame of reference.

A glimpse into the future sees clean hydrogen abating up to 85 billion tonnes of CO2 in cumulative emissions by 2050, equivalent to around two year's worth of current global CO2 output, according to a consultancy report published on Tuesday mapping out a net zero 2050 pathway.

The European Commission published on Tuesday a first call for feedback on the bloc's carbon border adjustment mechanism (CBAM), with the measure's transitional phase due to start in October. 

The European Commission on Tuesday expanded and updated its criteria for economic activities that can be listed as 'green' under the EU’s guidance for sustainable investing, raising the bar compared to a draft version.

An Amsterdam-based climate tech startup on Tuesday announced a $6 mln fundraise it will utilise to ramp up its CO2 storage and utilisation potential for agriculture operations and set up an American branch.

The solar power industry set a new record for new capacity installations worldwide for the tenth straight year in 2022, adding 45% or 239 GW despite supply bottlenecks, according to a report published on Tuesday that predicted continued strong growth through 2030.

A UK forestry fund that has seen a wave of expansion over the past year expects to create around 1 million carbon credits from across its portfolio of afforestation projects, it said in quarterly results on Tuesday.

French President Emmanuel Macron is seeking international support for a global carbon tax on the shipping industry ahead of a summit France is co-hosting later this month.

Carbon prices were largely unchanged at midday on Tuesday after a volatile morning that saw the benchmark EUA contract reach its highest in more than three weeks, before easing as buyers held back amid falling natural gas prices.

The Galapagos Islands' record-setting debt-for-nature swap was broadly applauded as a win-win-win for Ecuador, nature, and international financiers, but now a groundswell of critical voices is pointing to problems that must be avoided as nations queue up to strike similar deals.

An Australian carbon accounting software provider has teamed up with a local advisory firm to help Hong Kong-based companies better track their Scope 3 emissions, following the latest ESG disclosure regulations proposed by the city's main bourse.

Japan has selected seven advanced carbon capture and storage (CCS) projects in a bid to secure an annual storage capacity of approximately 13 million tonnes of CO2 by 2030, the government announced Tuesday.

A Singaporean NGO has lunched its inaugural blue carbon conservation project in Northern Sumatra under the novel OxCarbon Standard, it announced Tuesday.

A Japanese carbon project developer has launched a joint study with the Vietnam National University of Agriculture on methane emissions from rice paddies, with an eye on rolling out carbon credit-yielding projects across the Southeast Asian nation.

China is still facing the risk of near-term power shortages as the current tariff-setting mechanism has led to distorted incentives for power capacity operations and investments across the country, a report has found.