Carbon Pulse

A reforestation group announced Thursday that it is beginning a land reclamation project in Northwest Pennsylvania this month, kicking off a larger 2,800-acre reforestation project across the Appalachian region, to be financed by the expected sale of nearly 400,000 carbon credits.

Improvements need to be made in the precise quantification of different organic carbon (OC) sources in mangrove sediments to ensure proper allocation of blue carbon credits, a new study argues.

Carbon emissions from forest fires have risen by 60% over the past two decades, driven largely by climate change and the heightened sensitivity of temperate and boreal forest fire regimes, according to a new study.

Austria's National Energy and Climate Plan (NECP) still has room for improvement, particularly when it comes to provisions aimed at alleviating the social impact of carbon pricing policies on households, according to recommendations published on Friday by the European Commission.

Global CO2 emissions from forest fires have increased 60% since 2001, according to research published Friday.

Leveraging future EU ETS revenues, de-risking low-carbon investments, and advancing CBAM should all be part of an EU Clean Industrial Deal, the former chair of the European Parliament’s environment committee told an industry event this week, pointing at potential compromise in the EU.

An environmental law charity has filed a complaint to the French financial regulator over allegations that an asset manager’s so-called "sustainable" funds are in fact funding fossil fuels.

Net-zero efforts are currently undermined by the large array of carbon accounting systems available, a research paper has suggested.

Developing a carbon capture, utilisation and storage (CCUS) industry in the UK that can sustain itself without government support and attract CO2 imports from Europe will require de-risking the value chain and transition finance, experts said on Friday.

A carbon registry has updated its high integrity carbon standard and more closely aligned its programme with CORSIA and ICROA, it announced on Friday.

Bankers want regulators to set standards for the emerging carbon removals market, saying this is the only way to create the trust necessary to generate liquidity and unleash investments in the nascent industry.

A global non-profit has warned that the voluntary biodiversity market could be a big distraction for governments during the upcoming COP16 UN biodiversity summit, as global leaders need to prioritise public commitments to plug the financial gap on nature.

Only deep, sector-wide emissions cuts in the buildings sector can keep global warming within safe limits, a webinar hosted by the Science Based Targets initiative (SBTi) heard on Thursday.

Japanese tech firm Panasonic will launch a programme-based project on Monday that will generate J-Credits for Japan's domestic carbon offset scheme by applying energy-efficient air conditioning in private households.

EU Allowance prices extended their weakness for a fourth session as the week neared its end, falling in line with weakening natural gas prices as geopolitical tensions appeared to be easing, while bearish positioned traders continued to pressure the carbon market.

Prices in China's national emissions market hit a record high over the past week, as the market continued to gain momentum amid growing compliance demand. 

The biodiversity credit space in Africa could evolve from a small-scale market to a 'nature economy superpower' if clear regulations and fair prices are implemented, as progress in monitoring and transparency are proving the continent's potential, a Swiss-headquartered non-profit said.

Biomethane could seriously help decarbonise energy and the world’s gas supply, given it is considered a low-carbon source on a net lifecycle basis, but policy, incentives, and pricing need to improve, an energy consultancy said this week.

China saw annual growth in thermal power production outpace total power output in September, while hydro posted a double-digit annual decline, according to government data released Friday.

The Indian government has approved a list of sectors to participate in the domestic voluntary market under the country's Carbon Credit Trading Scheme (CCTS), based on the recommendations of the market's steering committee.