INTERVIEW: 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.
Read MoreBRIEFING: NZ govt proposal to limit climate torts another breach of trade agreements, say experts
The New Zealand government’s legislative efforts to restrict climate-related tort claims is a breach of trade agreements with the UK and EU, experts told Carbon Pulse.Â
Read MoreLACS26: INTERVIEW – Verra sees Misiones approval as slingshot for new wave of jurisdictional REDD+ programmes
Several governments across Latin America and the Caribbean are studying how to replicate Argentina’s Misiones programme after it became the first jurisdictional REDD+ initiative approved under Verra’s Jurisdictional and Nested REDD+ (JNR) Framework, the standard’s regional representative told Carbon Pulse.Â
Read MoreDATA DIVE: NZ ETS forest applications stagnate
The number of applications for new forests to enter the New Zealand Emissions Trading Scheme (ETS) has continued to plateau, with the latest data showing just nine applications were received in May.
Read MoreINTERVIEW: Energy boss urges channelling EU ETS cash into electrification drive
E.On’s CEO Leonhard Birnbaum is urging EU policymakers to channel revenues from the Emissions Trading System (ETS) into electrification and industrial decarbonisation, warning that Europe’s weak investment climate risks derailing the bloc’s net zero plans.
Read MoreBRIEFING: Proposed power to bar problem ACCU methods will undermine market confidence, consultation feedback claims
Australia’s proposed reforms to its carbon market have been broadly welcomed by groups as a long-awaited step towards shoring up integrity in the scheme, but some have urged parts of it to be scrapped, citing market confidence concerns.
Read MoreVCM REPORT: CORSIA prices struggle to recover despite hopes for post-war demand rebound
CORSIA prices failed to rebound last week, with price assessments for eligible units down by more than 12% week-on-week and benchmark ICE futures dipping below $10/tonne amid higher jet fuel prices, even as market executives expressed hope for resurgence in demand once the Middle East conflict ends.
Read MoreINTERVIEW: Nature tech startup looks to spread agroforestry carbon projects in Angola
A nature intelligence startup is working with Angolan land stewards to develop large-scale agroforestry initiatives in the country, using its technology to screen potential projects and reduce the risk of early-stage investment, just as the government begins building its carbon market framework.
Read MoreINTERVIEW: UAE businesses adrift on GHG reporting, offsetting as compliance deadline hits
A UAE law on corporate GHG reporting, planning, and management entered its compliance phase on May 30, but businesses are still largely unprepared, according to the chief executive of a Dubai-based sustainability consultancy speaking with Carbon Pulse.
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