UPDATE – WCI Q4 auction ups allowance volume after Q3 dip
The California-Quebec joint WCI auction in November will offer a higher volume of allowances this quarter following Q3’s year-to-date nadir, according to a Friday notice from California regulator ARB.
Read MoreLarge sustainable aquaculture firm secures €2.5 mln from Dutch fund
An offshore aquaculture company based in the Faroe Islands has received €2.5 million from a fund managed by the investment arm of a Dutch bank.
Read MoreINTERVIEW: Carbon removal offtakes need de-risking to grow the market
The carbon removals (CDR) market needs offtake agreements with built-in de-risking measures to scale and offer attractive credit prices, a dealmaker told Carbon Pulse.
Read MoreVerra urged to overhaul investigation process after REDD project loses $30 mln during probe
Verra is damaging investor confidence in the voluntary carbon market through its “presumption of guilt” when handling investigations, warned stakeholders in the Southern Cardamom REDD+ project (SCRP) that says it lost more than $30 million in revenue during a 14-month long probe.
Read MoreUS market regulator approves voluntary carbon credit trading guidelines
The US Commodity Futures Trading Commission (CFTC) approved final guidance Friday regarding the listing for trading of voluntary carbon credit derivative contracts.
Read MoreVolvo vows to take action on nature, biodiversity
Swedish carmaker Volvo has published a position paper on nature and biodiversity, pledging to take action to reduce its impacts and to invest in conservation and restoration to counterbalance residual negative effects of its activities.
Read More‘Breakthrough’ as taxation comes under watch of EU climate chief, CBAM still unclear
With the European Commission’s new lineup it will be the EU’s climate action commissioner who will handle taxation policy, a move hailed as a “breakthrough” by a top official, although it is still unclear who will be in charge of the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreSecond Mexican Yucatan IFM project collaboration yields 380k carbon credits
A developer partnership announced Thursday the first tranche of issuance from their second improved forest management (IFM) project in Mexico’s Yucatan Peninsula region.
Read MoreEuropean carbon trader joins Gunvor from Freepoint
A European carbon trader previously with Freepoint Commodities has started with Switzerland-headquartered trading firm Gunvor Group, Carbon Pulse has learned.
Read MoreSarawak coal mine poses significant carbon risk, more transparency needed -watchdog
The continued existence of a large thermal coal mine in Sarawak, Malaysia, goes against the nation’s climate commitments and the opacity surrounding environmental approvals to its extension is a problem, an environment watchdog said Friday.
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