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Voluntary carbon standard releases methodology to credit electrification in shipping
A large voluntary carbon credit issuing body has released a methodology crediting the electrification of energy supply for ships when shore-side or offshore, active from Wednesday. Read MoreTop
Asian carbon project developers say caught between evolving regulations, updating methodologies
Voluntary carbon project developers are struggling to keep up with the rapidly changing landscape of new methodology updates and emerging government regulations in Asia, participants told a conference this week. Read MoreTop
Japanese developer partners with government-backed agricultural organisation on rice projects
A Japanese carbon project developer has partnered with a regional government-backed agricultural organisation to promote credit-generating rice projects, as it seeks to broaden its presence in Vietnam's voluntary market. Read MoreTop
State-owned oil major determined to make Malaysia regional CCS hub
Malaysian oil and energy company Petronas intends to provide solutions to decarbonise hard-to-abate sectors and establish the Southeast Asian nation as the regional hub for carbon capture and storage (CCS), it told a conference this week. Read MoreTop
New Zealand consultation opens for weaker ETS settings, lower carbon price
New Zealand on Wednesday released its annual consultation on five-yearly settings for its emissions trading scheme, adding options that would lower the NZU price floor at auctions and allow for a ballooned Cost Containment Reserve (CCR). Read MoreTop
Public procurement a missed opportunity for EU climate action, report says
The EU has missed an opportunity to reduce carbon emissions and bolster domestic industries in Europe by failing to pursue a plan for green public procurement, according to a new report released on Wednesday. Read MoreTop
Advisors call on Oregon to clarify offset use, credit eligibility in climate protection scheme
Oregon's Department of Environmental Quality (DEQ) must address existing ambiguity surrounding compliance instruments under the Climate Protection Program (CPP), including the use of offset projects, as well as a new emissions cap, an advisory committee told the agency Tuesday. Read MoreTop
PREVIEW: ARB workshop uncertainty to keep a lid on WCI Q2 auction settlement
The California-Quebec current vintage carbon auction on Wednesday is expected to clear in line with or at a slight discount to front month California Carbon Allowance (CCA) prices, traders said, with uncertainty from the ARB's cap-and-trade rulemaking workshop factoring into participants’ views. Read MoreTop
BRIEFING: UK launches roadmap for high-integrity marine natural capital markets
The UK has launched a roadmap for high-integrity marine natural capital markets in order to safeguard its coastal environment and ensure investor confidence, which will be supported by the rollout of country-wide codes for coastal ecosystem services. Read MoreTop
ANALYSIS - Cookstoves at a crossroads: Methodologies, media, lack of demand in focus at Paris summit
Speakers and attendees at an international clean cooking summit in Paris on Tuesday highlighted the impact of the media on the voluntary carbon cookstoves sector, the optimism and challenges facing the rollout of new methodologies, and urged a focus on generating fresh credit demand to help address the surplus of units in the market. Read MoreTop
Airlines face CORSIA carbon credit supply shortfall by 2030, analysts warn
Demand for carbon credits deemed eligible under the UN’s CORSIA aviation offsetting scheme will exceed supply by the end of the decade in the absence of new offset sources, analysts predict. Read MoreTop
Cash flow squeeze clips major voluntary carbon project developer for second time
A major voluntary carbon project developer and trader was forced to temporarily defer wages amid another cash flow squeeze, it told Carbon Pulse Tuesday, highlighting the current dire market situation. Read MoreTop
Ghana urges govts to rapidly develop policy frameworks for Article 6
A key figure in the development of Ghana’s Article 6 policy framework has urged other countries to rapidly develop similar policies if they wish to capitalise on the opportunities of sovereign carbon trading. Read MoreTop
UPDATE - Donors pledge $2.2 bln in fresh funding to ensure clean cooking for all in Africa
Governments, international organisations, and private sector donors have pledged $2.2 billion in new finance to provide universal clean cooking access across Africa by 2030 at a summit in Paris on Tuesday, with voluntary carbon finance cited as a key means of reaching this target. Read MoreTop
