US non-profit launches tool to track clean cooking commitments in NDCs
Nearly three-quarters of low- and middle-income countries include clean cooking or wider household energy measures in their national climate plans, according to a new public tracker launched last week by a US-based non-profit.
Read MoreCalifornia regulator approves long-awaited ETS rules revamp
California regulator ARB approved long-awaited updates to the state’s Cap-and-Invest Program during a Friday hearing.
Read MoreCFTC: Producers build CCAs, RGAs, while managed money cut net length
Emitters and financial players moved in opposite directions with their California Carbon Allowance (CCA) and RGGI Allowance (RGA) holdings during the most recent US Commodity Futures Trading Commission (CFTC) reference period.
Read MoreUS SEC moves to scrap climate disclosure rules
The US Securities and Exchange Commission (SEC) proposed on Friday to rescind its climate-related disclosure rules in full, arguing the requirements exceeded its statutory authority and would impose costs on public companies not justified by the resulting information provided to some investors.
Read MoreFew dairy, coffee companies set methane targets for 2030 -report
Just three of 23 assessed dairy and coffee companies have published methane reduction targets for 2030, according to a report released this week.
Read MoreICE launches CORSIA liquidity provider programme covering futures, options
ICE Futures Europe has launched a new liquidity provider programme for its CORSIA carbon market contracts, in a move aimed at supporting trading activity across both current and future compliance periods of the UN aviation offsetting scheme.
Read MoreUS oil company retires forest credits from Guyana worth $250 million
A US oil major this week retired an estimated $250 million in avoided deforestation credits generated as a byproduct of one of the largest oil discoveries in decades, a project that has since sparked a multi-billion dollar legal battle.
Read MoreBRIEFING: UN adopting ICJ opinion boost for Paris Agreement, international climate treaties
Last week’s UN General Assembly vote to adopt a resolution endorsing the International Court of Justice’s (ICJ) advisory opinion on states obligations on climate change is a boost for multilateralism and international climate frameworks, including the Paris Agreement, experts told Carbon Pulse.
Read MoreVerra to decide on permanent integration of buffer-pool alternatives based on CCP eligibility
Carbon market standard Verra will decide whether to permanently integrate insurance- and fund-based alternatives to traditional buffer pools post-pilot, depending in part on whether credits issued under the approaches can qualify for integrity labels such as the Core Carbon Principles (CCP), according to a programme manager.
Read MoreWCI Markets: CCAs remain at four-month highs as wait for ARB vote on proposed ETS updates goes on
California Carbon Allowance (CCA) futures remained elevated at four-month highs as state regulator ARB’s Thursday hearing adjourned until the following day without a vote on proposed Cap-and-Invest Program updates.
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