Carbon Pulse

With the Safeguard Mechanism set to kick off in July, experts have argued that Australia should start work on a carbon border adjustment mechanism (CBAM) as quickly as possible to address carbon leakage risks, and provide investment certainty.

Japan next week launches the GX League, a nationwide decarbonisation initiative that involves the operation of a voluntary carbon market that over time will be expanded and culminate in an economy-wide mandatory emissions trading scheme in the world's third-biggest economy a decade from now.

A carbon offset developer has teamed up with the world’s leading tequila brand to create a carbon credit certification methodology for agave plants used in tequila production, it has been announced.

China's environment ministry has called for proposals for offset methodologies under the CCER scheme, marking a step towards resuming the country's suspended voluntary carbon market.

The number of Australian Carbon Credit Units (ACCU) that were surrendered by facilities covered by the Safeguard Mechanism fell slightly in 2021-22, according to regulator data released Friday.

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

A Canadian project developer has announced the beta launch on Thursday of its carbon credit trading platform, a move to offer a more resilient and flexible infrastructure for market participants to list, buy, sell, and verify voluntary carbon offsets.

UK greenhouse gas output resumed its long-term downtrend in 2022, the government confirmed Thursday, as a drop in heating fuel use helped limit the post-pandemic rebound in emissions.

Project developers are already turning to environmental DNA (eDNA) for data they need to generate biodiversity credits, supported by today’s availability of easy-to-use kits and tailored analytical offerings.

A US federal court on Thursday issued a stay on the EPA’s move to reject small refiners’ request for compliance relief under the Renewable Fuel Standard (RFS), building on several other moves by appellate judges this year.

Carbon standards body Verra on Thursday scrapped its tiered fee structure for a higher flat issuance rate per offset, while also raising non-issuance related project levies and introducing new charges for verification and validation bodies (VVBs).

The number of entities awaiting approval by California regulator ARB to take delivery of allowances or offsets in the state’s cap-and-trade programme jumped further in Q1, according to Carbon Pulse analysis of state data, with the few new participants coming from financial players.

California Carbon Allowance (CCA) prices rose in tandem with a more supportive macroeconomic environment this week as recent volatility calmed, while Washington Carbon Allowance (WCA) values set new record highs as compliance entities were heard buying.

The two largest voluntary carbon credit issuing standards, Verra and Gold Standard, have welcomed the publication of the core carbon principles (CCPs) by the Integrity Council for the Voluntary Carbon Market (IC-VCM) released Thursday, as providing a crucial "floor of competence" for climate projects.

A Toronto-based VER investor announced validation of its Rimba Raya REDD project under the Indonesian government’s new carbon regulation at the firm’s December financial results released Thursday, even as the company continues to post higher net losses on its books.

Carbon offset trade group ICROA on Thursday announced it has remodelled its accreditation programme as part of a wider internal overhaul and rebrand made in response to the voluntary carbon market’s rapid growth and mounting integrity concerns.

A major shake-up of rules governing derivatives trade in EU emission Allowances appears to have been defeated, but stakeholders are still concerned at what they say is a growing trend towards political interference in the bloc’s flagship climate programme.

A UK forestry fund has this month added three new nature-based projects to its portfolio from activities across Scotland and Wales, the firm announced Thursday.

European carbon was relatively quiet on Thursday, with the benchmark futures trading in its narrowest range of the year to date for a second successive day, while energy markets were mixed as Europe's gas reserves were predicted to reach their 2023 goal early.

A start up tech company has raised €46 million in Series B funding, a year after raising €20 mln in series A funding, for its soil carbon platform.