Carbon Pulse

Opportunity for talented Senior Account Director/Associate Director to join one of the UK's leading environmental communications consultancies.

European carbon slid to a new four-month low in morning trade on Tuesday, wiping out the modest gains of a holiday-affected Monday session as weaker gas prices continued to weigh despite snapping a recent losing streak.

People in rich nations’ excessive consumption has been driving global biodiversity loss, and they should pay compensation via loss and damage funds to countries whose natural habitats are being exploited, a group of researchers have argued.

Professional services firm Accenture on Monday announced its intent to acquire a Brazil-based sustainability consultancy.

ACX, a global exchange formerly known as AirCarbon Exchange, has teamed up with a Swiss-based certification standard for carbon offset commodities to certify environmental claims, the two companies announced on Tuesday.

The price for Australian Carbon Credit Units (ACCU) has slumped in recent days, while the government has begun its search for the full-time chair of the soon-to-be created Carbon Abatement Integrity Committee chair, tasked with overseeing the market.

A British carbon removals platform has raised £5.3 mln in a pre-seed funding round led by a large technology company that it will use to scale its portfolio, the firm announced Tuesday.

Reporting to the Chief Scientist, the primary focus of the role will be on leading the development of new methodologies and accounting frameworks for carbon abatement in the land sector, as well as in emerging water quality and biodiversity markets.

The Commonwealth Bank has partnered with a carbon project developer to expand its native seed production to help meet growing demand for carbon and biodiversity restoration projects, the company announced Tuesday, as new research has highlighted Australian banks’ continued spending on fossil fuels.

The cost of corporate carbon offsetting could double by the end of the decade and increase by a factor of thousands under a mid-century carbon removal scenario posing risks to UK businesses striving to meet net zero commitments, according to analysis published on Tuesday by a major global consultancy.

The Pakistan government has given its approval for a major mangrove project to sell carbon credits to international buyers in the voluntary carbon market over the next two decades, although this approval does not mean corresponding adjustments within accounting frameworks.

The Environmental Consultant (Nature-Based Solutions) will support best practice delivery of advisory services including stakeholder engagement, technical design, modelling and reporting to develop the desired environment, social and financial impacts of our diversified portfolio of projects.

The committee’s core responsibilities are to provide advice to the Minister for Climate Change and Energy on making, varying and revoking carbon offset methods, and the outcomes of method reviews.

This is an exciting, important fast-paced work programme, which links with other market mechanisms including the ETS, and the voluntary carbon market.

Australian carbon offset developer Greening Australia has appointed the former CEO of Bush Heritage Australia for its top job, the company announced on Saturday.

An Australian agri-food tech investor has committed funding to a new accelerator to support to 10 carbon and climate focussed start-up companies, it announced Monday.

A New Zealand exchange-traded fund exposed to the country’s emissions trading scheme has seen its value fall more than 20% due to the tumultuous collapse in the NZU price over the last six months, the fund announced.

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

Financial players closed out short positions in RGGI Allowances (RGAs) while compliance entities continued to bolster net holdings across North American carbon markets, as WCI prices inched higher following last week’s auction of California Carbon Allowances (CCAs), data from the US Commodity Futures Trading Commission (CFTC) showed Friday.

New research led by Australia's Southern Cross University reveals that while coastal ecosystems worldwide play a pivotal role in absorbing CO2, they also emit methane and nitrous oxide, offsetting their overall greenhouse gas sequestering effects.