South Korea to expand participation and curb surplus in national ETS
South Korea is planning to extend participation and curb permit surplus in its emissions trading system, as the government seeks to reverse the dynamics in the struggling market.
Read MorePuro approved to supply large carbon removals buyers’ club
Finnish carbon removal standard Puro.earth has seen its issuances approved to supply a multinational credit buyers’ club, the firm announced Tuesday.
Read MoreRegenerative agriculture firm raises €15 mln to support low-carbon farming transition
A Belgium-based company using carbon finance to incentivise farmers for sustainable practices has raised €15 million in a Series B fundraising round.
Read MoreKorean steelmakers likely to bear $2.2 bln CBAM costs over next decade, lobby group says
A major South Korean business lobby is urging the government to actively support decarbonisation of the domestic steel industry, as the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM) could bring Korean steelmakers additional costs of 3 trillion won ($2.2 billion) over the next decade.
Read MoreMaritime compliance firm raises €5 mln to expand EU ETS solutions
A provider of emissions data and compliance management solutions for the maritime industry has closed a €5 million Series A financing round, according to a press release.
Read MoreCercarbono expects to register a handful of biodiversity credit projects in 2025
Colombian standard Cercarbono expects to certify only a handful of biodiversity credit projects in 2025, hoping to have enough initiatives in its pipeline to test the standard during its first year.
Read MoreKenyan wind power project embroiled in land dispute, unable to sell carbon credits -media
One of the largest renewable energy projects in Kenya, involved in a land dispute with the local community for about a decade, has been unable to trade carbon credits issued from the project, according to a local media source.
Read MoreSwedish developer, tech company partner on forestry monitoring for biodiversity credits
A Swedish biodiversity developer has partnered with an Irish forestry management software company to develop a monitoring tool for biodiversity credit projects in forest landscapes, they said on Tuesday.
Read MoreIndia must auction carbon certificates to achieve climate goals, ensure just transition -report
India must allow auctioning of carbon credit certificates (CCCs) under its intensity-based Carbon Credit Trading Scheme (CCTS), in line with other emissions trading schemes (ETS) globally, in order to achieve its climate goals while also facilitating a just energy transition, a paper released Tuesday has found.
Read MoreAustralia Market Roundup: Clean energy investment ticks up as transport emissions continue to rise
Australian greenhouse gas emissions have continued to flatline, as gains in the electricity sector are wiped out by rising transport emissions, according to government reporting.
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