Carbon Pulse

We're excited to announce a brand new event for 2025. Join us in Abu Dhabi on 16-17 January for Carbon Forward Middle East - coinciding with Abu Dhabi Sustainability Week - ADSW. The agenda for the two-day event will blend regional and international carbon markets experts to discuss opportunities and risks within the MENA region. We're pleased to be joined by platinum sponsor Offset8 Capital. If you're interested in speaking, sponsoring, or attending, please email info@carbon-forward.com. Brought to you by: Carbon Pulse and Redshaw Advisors Ltd #carbonmarkets #carbonpricing #emissions #MENA #abudhabi

Delegates from nearly 200 nations have begun two weeks of talks on how to implement the 2022 Global Biodiversity Framework (GBF), with questions around how to raise more funds to reverse nature loss quickly taking centre stage. UN Secretary-General Antonio Guterres at the official opening ceremony on Sunday called on countries to make significant investments in nature to make sure the world meets the GBF funding goal of the Global North raising $20 billion by 2025. COP President and Colombian Environment Minister Susana Muhamad continued in the same vein when briefing journalists at the COP16 venue in Cali on Monday morning. Biodiversity Pulse has four reporters on the ground this week: Stian Reklev, Sergio Colombo, Giada Ferraglioni, and Alejandra Padín-Dujon. Don't hesitate to get in touch with them. Read and subscribe to our newsletter for free to get the latest on COP16: https://lnkd.in/exCQVn7P Latest stories on the conference, available now on our website: INTERVIEW – Integrated nature and climate finance must look beyond carbon storage, says An Lambrechts of Greenpeace Bloomberg and SkyTruth expand nature conservation tracker to cover land Nature Tech Collective announces taxonomy Mining threats to ecosystems are growing, says report co-authored by Earth Insight Biodiversity Credit Alliance to launch digital framework for improving biodiversity credit markets transparency Colombia eyes regulated carbon and biodiversity markets to meet nature financing targets under updated NBSAP

🔍 The first charges of fraud laid by US authorities in the voluntary carbon market have left stakeholders concerned about the future and integrity of the industry 💡 The FBI, DOJ, and CFTC are prosecuting former executives of carbon credit project developer C-Quest Capital, alleging that the individuals defrauded investors of upwards of $250 million ❓ Proponents and critics of the voluntary carbon market alike are now wondering - how did this happen? I dive into the missing checks and balances leading up to the creation of the carbon credits in question - in my story for Carbon Pulse in the comments 👇

The Indian government is open to bringing more carbon removal technologies under its offset mechanism, an official told Carbon Pulse. India recently approved 10 sectors to participate in the country's domestic voluntary carbon market, in accordance with recommendations from the National Steering Committee for the Indian Carbon Market (NSCICM), which included carbon dioxide removals (CDR) processes such as biochar and agroforestry for the first time. Read our coverage in full 👉 https://lnkd.in/eMgug87y

BREAKING: Verra will restructure its organisation and cut its workforce by around a quarter, it announced Monday, as the voluntary carbon standard and registry deals with slowing market demand and mounting financial losses. https://lnkd.in/eQvuZ7n9

New Delhi has finally published a detailed list of sectors for its voluntary market (offset mechanism) under the CCTS, including carbon removals this time. While the industry has largely welcomed the move, it expected more. The illustrative technologies are a good mix of tech and nature-based activities, but has left out ERW, mineralisation, and other emitting sectors - for now. Industry now awaits next steps including details on methodologies, sectoral scope, a national registry, and India's own carbon standard as it gathers for the Asia Climate Summit next week and COP29 next month. I talk with experts to understand what the latest regulations mean for the country. Read our full report here -

I'll be attending IETA's Asia Climate Summit #ACS2024 this week. Reach out for story tips and ideas, or just to say hi.

An increasing number of the world’s largest airlines are retiring voluntary carbon credits, according to data from the Verra, Gold Standard, ACR, and Climate Action Reserve (CAR) registries. Four out of the world’s top 10 airline groups by revenue have retired credits in the year-to-date 2024 and 2023, up from two or three groups in the years prior. This comes despite some of the larges credit buyers, Delta and EasyJet, recently stepping away from the market. Read our data analysis in full 👉 https://lnkd.in/eQ8f34iZ

If anyone is looking for COP29 accommodations, we have 1 extra room at our hotel near Nizami metro stop for the 2nd week (check in Sunday Nov. 17, check out Saturday Nov. 23). Msg me if you're interested.

An absence of knowledge and policy on durable carbon removals (CDR) at the government level, along with a lack of investor interest in funding such projects, is keeping India from realising its vast CDR potential, according to experts. India can be a huge supplier of CDR credits and by 2050 almost 20% of the global CDR credits are expected to come from the country, according to research published by the Indian Institute of Technology Bombay (IIT-B). However, scaling up carbon removals will not be possible without extensive collaboration and data sharing for commercial pilots. Read our analysis here 👉 https://lnkd.in/e2erVVJ2