Trafigura teams up with software firm to set up platform for tracking supply chain emissions
Trafigura has joined forces with a US software company, Palantir, to develop a technology services platform for the calculation and reporting of emissions across commodity supply chains, the global commodities trader announced on Tuesday.
Read MoreInvestment fund to launch Australia’s first carbon ETF
The Australian branch of US investment firm VanEck will launch the first exchange-traded fund (ETF) on the Australian Securities Exchange that will be tracking global carbon futures prices, the firm said.
Read MoreVCM Report: Nature-based credit prices resilient as technology offsets extend slump
Technology voluntary emissions reductions (VERs) extended losses for a seventh consecutive week to set a new nine-month low as offsets continued to track tumbling stock markets, while nature-based credits retained their recent resilience to move sideways.
Read MoreIndonesia warns double standards undermine its ‘green’ policies
The tricky mix of scaling the voluntary carbon market (VCM) amid the machinations of international trade disputes came to the fore at a conference Monday after an Indonesian minister accused the West of double standards.
Read MoreChina issues first bivalve carbon offsets
A Chinese province has become the first to reward shellfish farming with carbon credits, though market participants were dubious about the new units and many details remain unclear.
Read MoreFive multinationals join facility aiming to buy 1 mln carbon removals credits by 2030
Five global firms have joined a facility that seeks to forward purchase one million carbon removal credits (CDR) at a targeted average price of $200 a tonne of CO2e through 2030, aiming to drive nascent technologies to scale.
Read MoreGovernments near a UN deal on pricing shipping emissions -observers
Prospects for a global carbon pricing regime for shipping have improved markedly following a week of closed-door talks at the International Maritime Organisation (IMO), an advisory group said on Friday.
Read MoreVCM demand bulge for carbon removals needs integrity pairing -report
There are no durable CO2 removal credits being offered from projects issuing carbon credits in 2021-22 on the voluntary carbon market (VCM), according to a report that assesses trends across the four largest offset registries, and also points out other challenges with carbon offset supply.
Read MoreBrazil government invites sectors to set own emissions goals under Paris pledge
The government of right-wing Brazilian President Jair Bolsonaro wants all the country’s economic sectors to set their own emissions goals provided the targets collectively deliver its pledge to the Paris Agreement.
Read MoreCompliance markets alone to double global use of carbon credits, says bank
Rules that allow offsets in five compliance markets, including China, could drive nearly as much demand for carbon credits as were issued under the entire voluntary carbon market (VCM) last year, a bank report found Friday, adding that the trend is likely to rise.
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