Carbon Pulse

An independent review of the link between sovereign debt and climate change is being launched by experts at the IMF and World Bank Spring Meetings on Saturday. 

A bill introduced by the Colorado House of Representative lawmakers to legislate a cap-and-trade system in the state on Thursday passed a committee amid polarising stakeholder sentiments.

En route to carbon neutrality at the end of the decade, US tech giant Apple plans to offset 25% of emissions across its value chain with voluntary carbon credits, it said in a progress report released Thursday.

Superannuation fund UniSuper on Friday announced a $400 million investment in the Macquarie Green Energy and Climate Opportunities Fund (MGECO), which invests in renewable energy and nature-based solutions.

European low-cost airlines paid around €18/tonne on average to pump out more CO2 than ever last year, even though emissions for the continent’s aviation sector as a whole remain below 2019 peak levels, according to a study released Friday.

California Carbon Allowance (CCA) prices fluctuated throughout the week, ending with minimal gains as traders await next week's workshop on potential programme amendments, while Washington Carbon Allowance (WCA) values crawled higher amidst limited activity in the under-fire scheme.

The US Department of Energy (DOE) on Thursday unveiled $8 million in funding for 14 projects that convert CO2 emissions from industrial processes into useful products.

Negotiations on Article 6 of the Paris Agreement are expected to be influenced by the private sector and geopolitics, as parties prepare for a 'bridge' climate conference in Azerbaijan, a UN advisor said on Thursday at IETA’s annual European Climate Summit in Florence said.

UK energy firm Drax Group has made another step in becoming a US leader in carbon removals through bioenergy with carbon capture and storage (BECCS) after firming up a reported $600,000 deal with an environmental consultancy.

Farms in England are set to see substantial falls in business income due to dwindling commodity prices, sharper subsidy cuts following Brexit, and increased competition from cheaper imports, while uptake of natural capital payment alternatives is still lacklustre, industry experts said on Thursday.

Carbon removal experts expressed frustration this week at news that the EU’s carbon removal methodologies will not yield carbon removal units with the bloc’s stamp of approval until likely 2027.

Brazil should lead G20 efforts in developing globally recognised standards for nature-related disclosures, non-profit CDP has said, as the country considers mandating compliance with target 15 of the Kunming-Montreal Global Biodiversity Framework (GBF).

Voluntary carbon attendees at an industry event held in Florence this week struck an optimistic note in light of imminent market developments that are expected to boost demand, but multiple sources highlighted a lack of tangible impact so far, with buyers still said to be holding back on offset investment due to reputational risk.

A project developer plans to distribute 600,000 energy-efficient clean cookstoves in Africa as part of a multi-million dollar grant to decarbonise the electrical grid in Uganda.

South Korea is planning to develop a fund to support carbon offset projects globally to generate Internationally Transferred Mitigation Outcomes (ITMOs) that the East Asian nation can use to meet its climate goals, Bloomberg reported Thursday.

The government of England should invest more in advising farmers on how they can deliver effective change in transitioning to more sustainable practices, experts have said.

The UK remains interested in linking its emissions trading scheme with other markets, but needs to determine how this would work in practice to ensure that it makes sense for the market and businesses involved, a government official said on Thursday.

EU carbon prices were modestly firmer at midday after a volatile morning saw levels fluctuate in a nearly €3 range, following significant swings in natural gas prices as traders considered supply issues in the US Gulf.

An international standard-setting body on disclosures has been urged by its staff to ramp up efforts in researching biodiversity, as companies are showing an increasing interest in improving assessments of nature-related risks and opportunities.

UK supply renewables chains are ill-prepared to meet renewable deployment targets for net zero, a new report commissioned by the government has warned.