Carbon

Bank of England warns on 'carbon shocks'

The UK's carbon pricing scheme helped drive a rise and fall in inflation in recent years, a senior figure at the Bank of England said, as it warned that climate risks have yet to be fully priced-in to markets.

Voluntary carbon markets 'can't sustain' fragmentation, says Climate Impact Partners

Further consolidation is needed in the voluntary carbon markets, according to Climate Impact Partners, as it urged governments to better incentivise action.

Blue carbon country tracker launched

Demand for long-term carbon deals growing, says Climate Impact Partners

Climate Impact Partners has revealed to Environmental Finance that it is experiencing increased demand for longer-term offtake agreements, amid moves away from 'whack-a-mole' deals.

JP Morgan's Kinexys testing tokenised carbon credits

JP Morgan's blockchain division, Kinexys, is developing tokenised voluntary carbon credits in a bid to reduce inefficiencies and market fragmentation.

UK's National Wealth Fund commits £28m to first CCS investment

Carbon removal firm Climeworks raises $162m

Article 6 given red light within EU ETS

The European Commission will not allow use of Article 6 credits within its Emissions Trading Scheme (ETS) but confirmed their eligibility for helping national governments hit their targets after setting out new 2040 climate goals.

Japan's planned ETS has spurred carbon credit price rise, says government agency

High-emitting companies who are set to be in scope of Japan's national emissions trading system (ETS) from next year have already begun buying carbon credits and driven price rises, according to the head of Japan's Green Transformation (GX) Acceleration Agency.

Oxygen Conservation aims for £1bn natural capital portfolio

Private equity-backed nature restoration investor Oxygen Conservation plans to grow its natural capital portfolio to £1 billion ($1.4 billion) to create a viable and investable market in the UK.

Microsoft in landmark soil carbon credit deal

We need to 'make it okay again' to invest in carbon, says Standard Chartered's Winters

Amid the ESG backlash, better signals are needed to incentivise voluntary carbon market action, Standard Chartered said, as it backed a new government coalition on carbon market demand.

Switzerland, Norway announce carbon removals-focussed ITMO programme

Switzerland and Norway have signed an emissions trading agreement under Article 6.2 of the Paris Agreement, with pilot projects launched with support from UBS and SwissRe.

Vietnam launches ETS

Regenerative agriculture financing firm receives €100m financing

'Patient demand' expected for Article 6 credits, say South Pole