Carbon Pulse

The Inter-American Development Bank (IDB) has picked four project proposals across Latin America and the Caribbean for an initiative seeking to find innovative ways to use digital assets to promote biodiversity conservation and climate change action.

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

As a key member of the experienced Carbon team, you will be in charge of developing and managing carbon operations and expertise within PUR. In this role you will work with all our teams (Africa, Europe, Asia, North America and Latin America) and perform a wide range of activities.

As a key member of the experienced Carbon team, you will be in charge of developing and managing carbon models and forecasts within PUR. In this role you will work with our teams across the globe (Africa, Europe, Asia, North America and Latin America) and perform a wide range of activities.

The Massachusetts Department of Environmental Protection (MassDEP) on Wednesday proposed amendments that would remove carbon allowances from auctions under the in-state Global Warming Solutions Act (GWSA) cap-and-trade system that are associated with supplying waste steam.

The next stage in the North Carolina Department of Environmental Quality’s (DEQ) cap-and-trade rulemaking process scheduled for January has been postponed, the agency’s spokesperson told Carbon Pulse, potentially pushing back implementation of the RGGI-aligned programme.

California lawmakers could pursue several options that would bolster the environmental performance of the state’s WCI-linked cap-and-trade regulation, which as currently structured will not meet the state’s 2030 GHG reduction target, a government body said in a report published Wednesday.

Offset registry Climate Action Reserve (CAR) laid out a timeline for developing a livestock protocol specific to the Dominican Republic on Wednesday, as the Caribbean country continues to ramp up its international carbon credit strategy.

Taking Root is seeking a Project Development Analyst who will provide key analyst support for the Expansion Team through performing desk and on-the-ground research, interviews, documentation review, insight compilation and presentation, report writing, note taking, and other tasks as assigned. Areas of content focus for the role will include: forest carbon projects, country-level and global policy review, economic modeling, tropical farming community input, and agroforestry systems with agricultural commodities such as cocoa and coffee, high-value timber, fuelwood, and fruits.

Taking Root is seeking a Market Certification Lead who will play a key part in ensuring that Taking Root’s carbon projects and products are aligned with our projects’ certifications, principally the Plan Vivo Standard. Reporting to the Director of Methodology and Standards, this role is critical in leading and managing these certification activities so that our projects can continue to plant trees into the future.

Taking Root is seeking an Android Developer to lead the development new features for our mobile app, which is used to collect carbon data around the world. Reporting to the Engineering Manager, you will work closely with the data science and reforestation teams to incorporate the best techniques to survey, measure, and monitor carbon captured through agroforestry.

The European Commission will set out a new bloc-wide industrial strategy by the end of January amid growing pressure by industry and member states to avoid de-industrialisation and help big-emitting  companies decarbonise amid high energy prices, a Commission spokesperson said on Wednesday.

Carbon market broker Matt Udberg of ICAP assesses trading patterns in the voluntary carbon market as a shift in volume from physical markets to futures brought an influx of new counterparties over 2022.

Germany failed to meet its emissions reduction targets in 2022 largely due to a rise in coal and oil consumption triggered by high energy prices caused by Russia’s invasion of Ukraine, German think-tank Agora Energiewende said in a report published on Wednesday.

Demand for carbon dioxide removal (CDR) credits, including pre-purchases of long-term contracts, jumped a staggering 533% last year, although most of the volume was from one future mega-deal, while the spot market remained tiny, according to a report published Wednesday.

The European Commission has launched a call for innovative biodiversity projects to receive grants worth almost €200 million as part of a 2023 programme.

Carbon credit provider Climate Impact Partners has appointed former GE executive Sheri Hickok as its new CEO, succeeding Vaughan Lindsay, the company said on Wednesday.

A carbon removal platform has added its first Spanish partner to offer biochar credits from Iberia for the first time amid plans to quadruple growth this year.

EUAs extended their slump on Wednesday as a continuation of unseasonably mild weather across Europe kept carbon under heavy selling pressure, shedding a further 3% to begin to test the €80 mark.

India’s cabinet on Wednesday approved initial outlay of 197.5 billion rupees ($2.4 bln) for a National Green Hydrogen Mission that is expects will make the county a global hub for production, utilisation, and export of green hydrogen.