FEATURE: “A logical destination” – govt-led forestry carbon projects remove market friction, command premiums
Forestry-based carbon projects that are government-led and factored into national accounting systems can achieve landscape-scale change, with credit prices trading at a premium, say experts.
Read MoreINTERVIEW: Scientist optimistic restoration will outpace deforestation in next 30 years
Global data shows early signs that ecosystem restoration rates could exceed those of deforestation, according to the founding chair of the UN Decade on Ecosystem Restoration, who is optimistic this milestone could be reached within 30 years.
Read MoreVCM MONTHLY: Retirements and issuances rise while CORSIA prices slide
Carbon credit issuances and retirements bounced up in May year-on-year across the voluntary carbon market while benchmark CORSIA prices fell 22% to end the month around $10/tonne, their lowest level since June 2024.
Read MoreSB64: BRIEFING – Plans for COP30 presidency’s twin roadmaps spark divergent reactions
The Brazilian COP30 presidency’s deforestation roadmap, presented in an early form on Monday, has been well received by a coalition of the willing, while the endeavour to draft a fossil fuel transition plan has sparked some backlash, Carbon Pulse heard in Bonn.
Read MoreSB64: BRIEFING – Parties sidestep conflict as implementation concerns prevail
Day one of the Bonn intersessional (SB64) UN climate summit saw parties avoid major disputes over the agenda and resist the urge to reopen old negotiations, refocusing on implementation – though the COP31 co-presidents appeared to skate around transition away from fossil fuels.
Read MoreClimate Litigation Roundup: International community stands firm on climate obligations as domestic pushback grows
The past month in climate litigation highlighted a widening divide between international and domestic climate law, as the former increasingly affirms that governments have an obligation to address climate change, while the latter are moving in the opposite direction, restricting avenues for relief against fossil fuel producers and high-emitting industries.
Read MoreFEATURE: Dimming the sun could soon be a topic for COP, but experts urge caution amid “rogue implementation” risks
Dimming the sun could soon move from theoretical science into mainstream political debate as the world seeks to combat the expected overshooting of the Paris Agreement’s 1.5C warming goal – but the risks of rollout remain significant due to unintended consequences or misuse of the technology, experts say.
Read MoreVCM REPORT: CORSIA prices steady after months-long slide as market searches for floor
CORSIA futures stabilised after months of price declines, with benchmark contracts on ICE holding around the $10 per tonne mark last week as selling pressure appears to be easing, as participants appeared to have found on a floor amid demand uncertainty.
Read MoreINTERVIEW: EEX will stop REPowerEU carbon auctions once €20 bln target is hit, CEO confirms
The EEX exchange will stop auctioning carbon allowances to fund the bloc’s plan to exit Russian fossil fuels as soon as the €20 billion target is hit, the CEO of the exchange told Carbon Pulse, which could mean around 20 million fewer allowances are auctioned in 2026 than currently scheduled, assuming EUA prices remain at their current levels.
Read MoreFEATURE: ICAO decision to block Zimbabwe credits reveals a disconnect with Paris Agreement rules
The news that Zimbabwe’s carbon credits are barred from the international aviation offsetting scheme CORSIA has sparked concerns elsewhere in Africa of a disconnect between Paris Agreement and ICAO rules – and may dissuade others from following a similar model for their national carbon registries.
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