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 MorePublic 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 MoreCzech project developer to generate up to 50,000 voluntary carbon credits from Chilean land
A Czech project developer has signed contracts with Chilean farmers to develop tens of thousands of carbon credits from 5,000 hectares of land in 2025 via regenerative agriculture practices.
Read MoreAirlines 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 MoreBRIEFING: 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 MorePREVIEW: 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 MoreOver half of ARB-approved US forest offset land at moderate to very high risk from wildfires -report
Nearly 3 million acres (1.2 mln hectares) of land involved in the California ARB forest carbon offset programme lies in areas at moderate to very high risk from wildfires, potentially endangering millions of tonnes of stored CO2, according to a report published Monday.
Read MoreCash 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 MoreEnhanced risk management solutions with carbon credit insurance cover unveiled in new ClearBlue-Kita partnership
ClearBlue Markets and Kita have formed a partnership aimed at enhancing the voluntary carbon market (VCM) by offering improved data accuracy, risk mitigation, and transparency in credit transactions.
Read MoreFinancial services companies pilot tokenised carbon credit transactions in Hong Kong
A group of financial service companies has successfully completed a proof-of-concept (POC) pilot in Hong Kong that explored the operational and risk management benefits of tokenised deposits to facilitate the settlement of tokenised carbon credit transactions.
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