Carbon Pulse

A conditional award of the right to manage 50,000 hectares of land in Gabon for carbon credit afforestation purposes has opened a door for a British forestry and timber trading company to enter the emerging market for biodiversity credits.

A Zurich-based startup has raised $1.8 million in pre-seed funding to help it build a regenerative forest investment platform for the voluntary carbon market (VCM).

European carbon prices slumped on Wednesday after the daily allowance auction cleared at a discount to the spot market for the first time in nearly two weeks, signalling a drop in prompt demand, while gas and power prices were little changed amid a largely sideways outlook for energy fundamentals.

A Dutch nature-based solutions developer with a growing portfolio of forestry-based carbon projects in Africa has plans to set up a platform before the end of the year through which it will sell tailor-made biodiversity credits.

Singapore-based AirCarbon Exchange (ACX) has signed a Memorandum of Understanding (MoU) with the Natural Capital Credit Consortium (NCCC) in Japan to collaborate on the development of Japan's voluntary carbon market, according to a press release Wednesday.

Two blockchain firms have announced a partnership that will enable a two-way bridge for tokenised Toucan Protocol carbon credits across their networks in a move that aims to eliminate fears of double counting and drive liquidity in the crypto carbon space.

South Korea’s monthly CO2 auction cleared on Wednesday at a price slightly above March’s sale, though still failed to sell out amid bearish sentiment that could last throughout the remainder of the 2022 compliance year.

A capital markets technology platform has teamed up with a startup involved in oceanic carbon capture to pioneer a new technology to trap CO2 emissions for sequestration, they announced on Wednesday.

China has released a set of guidelines for government agencies and companies to evaluate risk and compile feasibility studies of their investments, recommending them to include emissions analysis and corresponding solutions from May onwards.

Leading container shipping company CMA CGM ordered 16 large dual-fuel container ships this week from China State Shipbuilding Corporation that can be powered by either methanol or LNG, with non-profit groups welcoming the accelerated move towards greener fuels but also warning the industry from deploying LNG-fuelled ships as a shorter-term measure to reduce dependence on dirty fuel oil.

The Island-Ocean Connection Challenge (IOCC) has picked a first batch of eight Pacific islands for ecosystem restoration projects, with a view to expanding that number to 40 by the end of the decade.

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Even as analysts expect 2022 will represent the peak of emissions in the global power sector, G7 nations are still fighting over a timeline for the phase out of their coal power use.

Partner organisations building the US government-led Energy Transition Accelerator (ETA) international carbon trading programme have selected a firm to develop and administer the voluntary crediting standard and are already lining up public- and private-sector buyers.

The Gabonese government has awarded a conditional multi-year land lease to a UK-based producer and global supplier of African timber for the generation of tens of millions of carbon and biodiversity offsets.

CARBON PULSE IS HIRING - Want to work for a specialist news agency with a strong reputation in a fast growing market? Are you an expert in carbon markets who has grown bored or disenchanted with your current role or employer, and you want to try your hand at something new?

CARBON PULSE IS HIRING - Want to work for a specialist news agency with a strong reputation in a fast growing market? Are you an expert in carbon markets who has grown bored or disenchanted with your current role or employer, and you want to try your hand at something new?

CARBON PULSE IS HIRING - Following the unexpectedly well-received launch of Biodiversity Pulse, Carbon Pulse is seeking a Biodiversity Policy and Markets Correspondent - the company's first dedicated biodiversity reporter.

CARBON PULSE IS HIRING - Want to work for a specialist news agency with a strong reputation in a fast growing market? We are looking for an experienced Feature Writer/Sub-Editor based in Europe, to help us bolster and expand our coverage of carbon and other environmental markets.

The Quebec environment ministry on Tuesday said it has proposed a draft regulation for manure biomethane offset projects under the province’s WCI-linked cap-and-trade system.