Carbon Pulse

The Senior Officer will lead the overall management of the Mobilizing Article 6 Trading Structures (MATS) Program as well as provide technical expertise to several programs that include carbon outputs managed by our country teams.

Sustainability-linked sovereign debt-related (SLSD) bond issuances can grow 100-fold this decade to help address the crises trio of debt, climate, and nature, a report released Friday found, with linkages to nature markets seen as one of several steps that could help scale the instrument.

The UK Infrastructure Bank (UKIB) has announced a first £12-million investment in a major nature restoration project in Scotland amid plans to grow its role in markets that underpin positive climate and biodiversity outcomes.

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

As the Natural Environmental Lead, you will play a central role in supporting SSE Enterprise Utilities’  strategic thinking around the transition to net zero, including how this can be achieved in a socially fair and just way. You will lead the development and implementation of natural environment strategies and nature based action plans that will improve biodiversity value. As the technical subject matter expert, you will also be responsible for identifying, analysing and reporting nature based solution data, understanding how biodiversity and climate change are interlink  and impacts the business, and inspiring industry-leading biodiversity action.

Carbon Market Consultant should have a deep understanding of global carbon market and will be working to lead our carbon finance initiatives in AFOLU sector, provide consultation services on carbon pricing, carbon finance market, carbon business models, including the analysis of both compliance and voluntary carbon markets, institutional and legal frameworks as well as main stakeholders in this field.

Nature Based Solution Manager will be working to provide technical expertise and will be involved in developing project registration for different projects across different methodologies (both voluntary and compliance)

An international climate consultancy and developer is seeking a Carbon Project Development Manager to join their experienced team. The ideal candidate will have experience in community-based project development, carbon methodologies, and offsetting.

Financial players this week saw their California Carbon Allowance (CCA) net long position reach the highest since last March, while compliance entities modestly added to their holdings across North American carbon markets, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

The Washington Department of Ecology (ECY) raised the volume of current vintage allowances offered in the jurisdiction’s second cap-and-invest sale, while also tendering future vintage permits for the first time, according to an official notice published Friday.

The European Commission launched a consultation on Friday as part of its preparation for proposing EU 2040 climate goals next year to ensure the bloc hits its binding net zero emissions goal a decade later.

A summary of legislative, regulatory, and policy action on carbon, clean fuel standard, and clean energy markets at the US federal and subnational levels this week, including North Carolina House budget language to block a RGGI-modelled cap-and-trade regulation and the advancement of a carbon offset bill in Washington state.

Canada’s 'revenue-neutral' CO2 charge that is slated to increase to C$65/tonne ($48) on Apr. 1 will result in a net loss on average to households in all provinces falling under the federal ‘backstop’, a government watchdog outlined Thursday.

The EU should refine its definition of fossil fuel subsidies to help keep a lid on rising levels of government aid that is undermining the net zero transition, green groups said in a report this week.

Gold Standard will only need to make a few tweaks to comply with IC-VCM's programme-level Core Carbon Principles (CCPs), the certifier said Friday, despite admitting some of its older methodologies could face alignment challenges and that future credit level assessment could impact individual projects.

India is set to become Japan’s next Article 6 carbon trading partner, after the two nations on Friday announced they had signed an agreement to initiate talks over signing a Joint Crediting Mechanism (JCM) deal.

EUAs traded higher for most of Friday morning, climbing above the €91 level that has offered resistance in recent days and setting the scene for a weekly gain, while energy prices were firmer amid forecasts for cooler temperatures and as Chinese PMI data suggested demand for LNG cargoes may improve.

Three Asia-Pacific based airlines have announced Sustainable Aviation Fuels (SAF) deals, reflecting growing commitment among airlines in the region to use the fuel to help meet their long-term net zero targets.

The spot price ticked up only marginally in China’s emissions trading scheme over the past week as two block trades injected some much-needed liquidity into the market, while recent regulatory updates have ignited hope among participants in the long-stalled offset sector.

Fossil fuel producers that rely heavily on exports of oil, gas, and coal are more at risk of being left behind from a low-carbon transition than exporters of more sophisticated carbon-intensive products who will be able to diversify their economies more effectively in a greener global economic environment due to their better access to technology and investment streams, a study has found.