Guyana first small island state to report biennial climate action progress under Paris Agreement
Guyana is the first Small Island Developing State to report on its climate action pledge under the Paris Agreement, acting ahead of the Dec. 31, 2024 deadline, the UN’s climate change secretariat announced Friday.
Read MoreEU earmarking €28.5 mln for industrial carbon removal, CCUS projects under LIFE programme
The EU is allocating €28.5 million in investments towards small-scale industrial CO2 removal and CCUS projects as part of its LIFE programme, a bloc-wide initiative for funding environmental and climate actions.
Read MoreEnergy Transition Accelerator announces steps forward, US to introduce offset guidance soon
The Energy Transition Accelerator (ETA), a US-led jurisdictional carbon crediting programme, on Friday detailed its recent developments, while the top US climate envoy said that federal guidelines for the use of offsets will be published in the coming days.
Read MoreSenior Program Officer, VCS Methodologies, Verra – Remote
With the rapid growth in carbon markets driving a new wave of innovative approaches, Verra is seeking a Senior Program Officer for the Methodologies Team in the Program Development and Innovation Department. The Senior Program Officer will support reviews and updates of existing methodologies and the development of new and revised methodologies for the Verified Carbon Standard (VCS) Program.
Read MoreSBTi boss “regrets distress” caused by proposed change to carbon offset use policy
The CEO of the Science Based Targets initiative (SBTi) has reaffirmed the organisation’s dedication to robust science-based decarbonisation standards, saying he “deeply regrets the concern and distress” caused by a proposed change in its policy regarding offsets.
Read MoreRGGI emitters are sole buyers this week, while traders reduce exposure across North American carbon markets
Traders reduced exposure across North American carbon markets this week except for RGGI compliance entities, according to latest data from the US Commodity Futures Trading Commissions (CFTC) released Friday.
Read MoreSupplier sues CO2 pipeline developer for scrapping contract
A CO2 pipeline developer is being taken to court by one of its suppliers for terminating their agreement, amid increasing opposition from permitters and stakeholders that has delayed construction of a major US project.
Read MoreFEATURE: G20, not COP29, key to meeting global climate finance needs
International climate finance flows will depend on movement within the G20, not the UN negotiations at COP29 this year, several sources told Carbon Pulse on the sidelines of the International Monetary Fund (IMF) and World Bank Spring Meetings held this week in Washington DC.
Read MoreFEATURE: Europe accused of hijacking int’l carbon markets with removal certification
With its certification for emissions’ removals, the EU is moving to lock out international carbon credits to meet its own climate targets, at the expense of developing countries that are in direst need of green finance, critics say.
Read MoreEuro Markets: EUAs drop 3.8% on the day and the week as markets unwind amid easing Middle East tension
European carbon prices recorded a 3.8% drop on Friday, which also represented the week-on-week decline, after prices had spent the week fluctuating in a relatively narrow €6.80 range, as markets sold off steadily after an overnight attack by Israel on Iranian facilities appeared not to have inflamed the already-tense atmosphere in the Middle East.
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