Carbon Pulse

The UK has launched a roadmap for high-integrity marine natural capital markets in order to safeguard its coastal environment and ensure investor confidence, which will be supported by the rollout of country-wide codes for coastal ecosystem services.

The California-Quebec current vintage carbon auction on Wednesday is expected to clear in line with or at a slight discount to front month California Carbon Allowance (CCA) prices, traders said, with uncertainty from the ARB's cap-and-trade rulemaking workshop factoring into participants’ views.

Nearly 3 million acres (1.2 mln hectares) of land involved in the California ARB forest carbon offset programme lies in areas at moderate to very high risk from wildfires, potentially endangering millions of tonnes of stored CO2, according to a report published Monday.

A major voluntary carbon project developer and trader was forced to temporarily defer wages amid another cash flow squeeze, it told Carbon Pulse Tuesday, highlighting the current dire market situation.

ClearBlue Markets and Kita have formed a partnership aimed at enhancing the voluntary carbon market (VCM) by offering improved data accuracy, risk mitigation, and transparency in credit transactions.

A group of financial service companies has successfully completed a proof-of-concept (POC) pilot in Hong Kong that explored the operational and risk management benefits of tokenised deposits to facilitate the settlement of tokenised carbon credit transactions.

A British energy firm with ambitions to become a global player in bioenergy with carbon capture and storage (BECCS) has drawn up plans for the world’s first wood-powered cargo ship.

The EU's Carbon Border Adjustment Mechanism (CBAM) should drive Turkiye's industries towards decarbonisation, providing incentives for emission reductions, experts said last week during a panel on the policy's impact on the MENA region.

A key figure in the development of Ghana’s Article 6 policy framework has urged other countries to rapidly develop similar policies if they wish to capitalise on the opportunities of sovereign carbon trading.

Large industry associations have announced a new taskforce to develop a comprehensive carbon pricing strategy for the real estate sector, along a whole value chain perspective.

Speakers and attendees at an international clean cooking summit in Paris on Tuesday highlighted the impact of the media on the voluntary carbon cookstoves sector, the optimism and challenges facing the rollout of new methodologies, and urged a focus on generating fresh credit demand to help address the surplus of units in the market.

Artificial intelligence (AI) has been used to cut the design time for carbon capture and storage (CCS) from a typical length of 100 days to just one day.

Ensuring a clear outcome on Article 6 will be a priority for Azerbaijan at the UN COP29 summit in November, the country's President-Designate told an international event in Paris on Tuesday.

A French environmental company has moved one step closer to issuing water credits, as its methodology has been validated by an independent verification body following the launch of a pilot in Mexico.

One year after Ecuador’s debt-for-nature swap — the world’s largest to date — there is still no evidence that the country has operating procedures in place to allocate funds or guide investment, according to a report released by a Latin American debt justice NGO this month.

Australia’s budget will see another A$48 million ($31.7 mln) for reforms to the Australian Carbon Credit Unit (ACCU) scheme, in addition to billions of dollars in tax credits for critical minerals and green hydrogen development and another A$41 mln for a nature repair market, Treasurer Jim Chalmers announced on Tuesday.

Industries across Asia, especially in Malaysia, are aware of the EU’s Carbon Border Adjustment Mechanism (CBAM) but are not yet “ready enough” to face it, a project developer told a conference Tuesday.

A controversial carbon project developer in Malaysia on Tuesday said it has spent over a year on its free, prior, and informed consent (FPIC) process with local residents, but acknowledged that some affected communities still do not know about its work.

Governments, international organisations, and private sector donors have pledged $2.2 billion to provide clean cooking for all in Africa by 2030 at a summit in Paris on Tuesday, with voluntary carbon finance cited as a key means of reaching this target.

Indonesian venture builder Terratai has invested in Dutch cosmetics company Forestwise to help establish a market for a more sustainable alternative to cocoa butter, in a bid to tackle deforestation.