Carbon Pulse

The certification bodies that will issue carbon credits under the EU's new Carbon Removal and Carbon Farming (CRCF) regulation could be accredited for a specific type of removal, the European Commission suggested on Wednesday.

European carbon prices advanced strongly for a second session on Thursday amid renewed short-covering in high volume, as the secondary market breached key technical levels and pulled energy prices higher, while UKAs ended their recent winning run.

Real-time atmospheric monitoring, reporting, and verification (MRV) could help restore credibility to nature-based carbon projects, the CEO of a greenhouse gas monitoring firm told Carbon Pulse.

The rejection of methodologies by the Integrity Council for the Voluntary Carbon Market (ICVCM) is not a sign that they are not good, but that they need improvement as part of a collective process, the body's chief executive said on Thursday.

A US-based voluntary carbon market intermediary has added the first biochar project to its portfolio amid growing interest in CO2 removal (CDR) credits, the firm told Carbon Pulse.

Oil and gas exploration licensing is set to surge despite COP28 pledge to phase out fossil fuels, according to a new report.

A provider of ocean-based carbon removals has signed an agreement with a tech giant to provide carbon removals over the next 10 years.

An Italian waste-to-energy plant will apply carbon capture and storage to its processes, spending money collected through the EU Emissions Trading System (ETS).

The goal of limiting global warming to 1.5C is slipping quickly out of reach, although it is still “technically possible” - and relatively inexpensive - for the world to roughly halve emissions within this decade, the UN Environment Programme (UNEP) warned on Thursday.

The European Commission presented draft rules on Tuesday to measure CO2 removals from agriculture and forestry, saying future EU carbon removal credits could help mobilise finance for nature restoration.

The Netherlands is "extremely unlikely" to reach the legal climate goal of a 55% reduction in greenhouse gas emissions by 2030 under current or scheduled policy, and will need additional policy fast to bring the climate goal for 2030 back in sight, according to the country's environmental assessment agency.

A carbon removal registry has issued a “minor update” to its Enhanced Rock Weathering (ERW) methodology to add more detail and clarity around monitoring, reporting, and verification (MRV) requirements, the platform announced on Thursday.

A cookstove manufacturer and project developer has secured $15 million from the European Investment Bank (EIB) to scale electric cooking in east Africa, avoiding 12 million tonnes of carbon emissions over a period of five years.

Colombia-based carbon standard Cercarbono is looking to establish projects in Indonesia, its chairman told a conference Thursday, as market participants wait for more detail on the new Indonesian government's plans for the country’s carbon markets.

Debate over the place of carbon removals in climate policy is picking up ahead of a decision on the EU’s 2040 climate target, due next year, but EU climate chief Wopke Hoekstra remains elusive on whether he will support a separate target for removals or not.

Nature tech startups are projected to attract up to $2 billion in venture capital (VC) investments by the end of this year, with significant growth in early-stage involvement, particularly in the MRV and biodiversity credits category, according to data presented on Thursday at the COP16 UN biodiversity summit.

Verra, the voluntary carbon standard-setter and verifier, has released a set of modules for carbon capture and storage (CCS) – the first in its Verified Carbon Standard (VCS) as part of methodology VM0049 – with a view to better proving direct air capture (DAC) projects with carbon storage.

A US-headquartered group of conservation policy experts has laid out the next steps for the biodiversity credit market, to fulfil what it sees as significant potential, by preventing it from mirroring voluntary carbon markets.

A Zurich-headquartered direct air capture (DAC) company has partnered with an American financial services institution to permanently remove 40,000 tonnes of CO2 from the atmosphere, the company announced on Thursday.

Funding brought about via Article 6 of the Paris Agreement is hoped to overcome the complex policy and engineering challenges faced by Indonesia and Vietnam in decarbonising their electricity grids, experts on a panel said Thursday.