Second 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.
Read MoreEuro Markets: EUAs tick up on gas recovery, ease 2% over the week
The European carbon market moved with relative stability on Friday, tracking a rebound in energy markets after a volatile previous session linked to reports of a Ukraine-Azerbaijan gas transit deal, while analysts point to tests ahead at a key technical support level.
Read MoreANALYSIS: Voluntary carbon market overlooking CORSIA insurance bottleneck
Large volumes of eligible voluntary carbon credits for the UN’s CORSIA international aviation offsetting scheme will take years to materialise due to supply requirements that force project developers to guarantee against double claiming risk, even if ICAO approves major standards for the current phase at a meeting in November.
Read MoreBRIEFING: Business groups nervous as final talks near on EU’s Green Claims Directive
As EU institutions gear up for talks to finalise the proposed Green Claims Directive, participants in the voluntary carbon market have flagged issues with the draft bill, arguing it goes too far beyond its original objective of fighting greenwashing.
Read MoreAustralian state pulls together big data for better CCS mapping
The West Australian government is finding new ways to support companies interested in pursuing carbon capture and storage (CCS) projects in the state, as its mining and energy department has aggregated a large amount of historical oil and gas drilling information for use.
Read MoreCN Markets: CEA price rebound to 90 yuan level, trading volumes increase
Chinese carbon allowance prices saw a modest recovery over the past week after the national holidays, with trading activity continuing to pick up ahead of the compliance deadline.
Read MoreEnvironmentally harmful subsidies grow to $2.6 trillion per year, study says
Environmentally harmful subsidies currently stand at no less than $2.6 trillion per year, $800 billion higher than 2022 estimates and equivalent to 2.5% of global gross domestic product (GDP), according to a report released this week.
Read MoreJapanese govt, UN agency partner with private sector to scale sustainable coffee in Tanzania
A UN agency and the Japanese ministry of agriculture have teamed up with two major national companies to support small-scale coffee producers in Tanzania in implementing sustainable practices.
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