ICE sees record environmental contracts trade in 2024

Published 14:39 on January 24, 2025  /  Last updated at 14:39 on January 24, 2025  / /  Americas, Aviation/CORSIA, Canada, EMEA, EU ETS, International, Nature-based, UK ETS, US, Voluntary

The ICE exchange on Friday said it saw a record number of environmental contracts trade in 2024, and confirmed the launch of new EU ETS2 futures in May.

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EU’s leaked ‘competitiveness compass’ puts focus on regulatory simplification

Published 14:15 on January 24, 2025  /  Last updated at 14:50 on January 24, 2025  / /  EMEA

The European Commission says it will deliver an “unprecedented simplification effort” in a leaked draft of its ‘competitiveness compass’ seen by Carbon Pulse on Friday, which also includes a decarbonisation roadmap.

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Afforestation, bioenergy projects may do more harm than good to nature, study says

Published 13:25 on January 24, 2025  /  Last updated at 13:25 on January 24, 2025  / /  Americas, Asia Pacific, Biodiversity, EMEA, Nature-based, Voluntary

Nature-based solutions (NbS) designed to curb climate change, such as afforestation and bioenergy cropping projects, could lead to unintended consequences for biodiversity, as they alter vast areas of land and habitat, according to a new paper.

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UK non-profit launches urban biodiversity credit standard

Published 12:39 on January 24, 2025  /  Last updated at 17:09 on January 25, 2025  / /  Biodiversity, EMEA

A UK non-profit has launched a global crediting standard for measuring urban biodiversity and ecosystem services, in a bid to tackle urban crises such as air pollution, flooding, and the heat island effect.

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Global Carbon Council submits application for programme-level assessment to ICVCM

Published 10:51 on January 24, 2025  /  Last updated at 10:51 on January 24, 2025  / /  Africa, EMEA, Middle East, Voluntary

The Global Carbon Council (GCC) announced Friday it has submitted its programme-level assessment application to the Integrity Council for the Voluntary Carbon Market (ICVCM).

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BRIEFING: The Swiss roll out ‘leading’ carbon removal targets in climate act

Published 10:25 on January 24, 2025  /  Last updated at 10:25 on January 24, 2025  / /  EMEA, Nature-based, Voluntary

Switzerland has set the carbon removal sector alight after bringing into force bold new climate legislation at the start of the year, offering millions in funding for carbon capture projects.

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BRIEFING: UK Woodland Carbon Code standard to apply for ICVCM, trialling digital MRV

Published 09:16 on January 24, 2025  /  Last updated at 09:16 on January 24, 2025  / /  EMEA, Nature-based, UK ETS, Voluntary

UK-focused forestry standard the Woodland Carbon Code (WCC) plans to apply in April for approval under the Integrity Council for the Voluntary Carbon Market (ICVCM)’s CCP-quality label, and is carrying out trials to digitise project measurement, reporting, and verification, according to a manager.

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INTERVIEW: Acoustic indices unfit for monitoring species richness in biodiversity markets, expert says

Published 09:08 on January 24, 2025  /  Last updated at 09:08 on January 24, 2025  / /  Americas, Asia Pacific, Australia, Biodiversity, EMEA

Acoustic indices used in biodiversity monitoring often fail to accurately reflect species richness, representing a potential challenge for the nascent biodiversity credit market, a conservation expert told Carbon Pulse.

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FEATURE: UK ETS can nudge shipping towards decarbonisation, but won’t suffice on its own

Published 08:18 on January 24, 2025  /  Last updated at 08:23 on January 24, 2025  / /  EMEA, EU ETS, International, Shipping, UK ETS

Adding shipping to the UK ETS could help push the sector towards decarbonisation — but there are concerns that the carbon price is still too low to make a dent and that it creates a patchwork of regulations in a market where international measures are also in the pipeline. 

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Carbon industry mourns passing of former CIX CEO

Published 05:40 on January 24, 2025  /  Last updated at 08:27 on January 24, 2025  / /  Americas, Asia Pacific, EMEA, Voluntary

Mikkel Larsen, the former CEO of Singapore carbon market trading platform Climate Impact X, passed away suddenly on Thursday, at the age of 50, the company confirmed to Carbon Pulse Friday.

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