- Tue 00:38Gaps and inconsistencies across global property law regimes regarding voluntary carbon credits (VCCs), typically construed as post-issuance problems, can be addressed using the pre-issuance risk management tools of ratings and insurance, according to a report published Monday.
- Tue 00:01Only 16 out of 500 companies driving deforestation took meaningful action to curb impacts in their supply chains in 2024, with pledges often overlooking commodities most linked to forest loss, a UK-based non-profit said on Tuesday.
- Mon 22:27A recently published study has proposed that the scientific basis for holding fossil fuel producers legally responsible for climate-related damages is now firmly established.
- Mon 16:43Voluntary carbon credit indices edged higher last week as market participants returned to desks following a holiday break, while France threw its weight behind corporate use of integrity-backed carbon credits, following similar moves by Germany and the UK in April.
- Mon 16:33Brazil’s upcoming COP30 summit will usher a new era of Chinese climate leadership, as the country pushes ahead with the transition to renewables and overachieves on its commitments — filling a void left by the US, according to Brazilian experts.
- Mon 15:47Two companies have partnered to launch a new carbon investment fund for US-based projects as they seek to raise $200 million to generate high-integrity credits.
- Mon 14:50Indonesia is pushing ahead with negotiating mutual recognition agreements (MRAs) with major international standards, including Verra, Gold Standard, Puro Earth, and Plan Vivo, according to a senior official.
- Mon 13:56Million-dollar acquisition - Indian offset developer EKI Energy is planning to acquire a 13% stake in software company Webricks Innovation, to address challenges faced across customer relationship management (CRM) and sustainability sectors. Through Webricks' solutions across the solar, automotive, and finance industries, EKI will be able to expand its offerings to drive operational efficiency and support clients with data-driven pathways to help them achieve their net zero goals, it said. The total cost of acquisition is $1.2 mln.
- Mon 12:26Another city, another prefecture – Japan’s ByWill has signed an agreement with Midori City in the Gunma prefecture, and Gunma Bank for the creation and distribution of J-Credits, thereby helping in the decarbonisation of Midori city, it said in a statement. The city aims to hit net zero carbon emissions by 2050, and to achieve this goal it is actively working to provide subsidies to citizens who install solar power generation equipment, lithium-ion batteries, and wood stoves.
- Mon 12:24The Tokyo Stock Exchange has designated four domestic companies as market makers for Japan's carbon market this fiscal year.
- Mon 12:21China has given the green light for the construction of 10 new nuclear reactors, with total investment expected to reach $27 billion.
- Mon 12:17Green rice - Japanese developer Green Carbon’s methane reduction project from rice paddies in the Nghe An Province of Vietnam has become the first of its kind in Japan and Vietnam to be listed under the Gold Standard, it announced Monday. The project aims to grow to a target area to 62,000 ha, and expects to generate a total of 2.5 mln carbon credits over the next 10 years. Earlier this month, the developer announced the listing of its separate rice methane project in Southern Vietnam under the voluntary carbon standard Verra.
- Mon 10:59FOI for CCS CSG - Freedom of Information documents requested by anti-coal seam gas (CSG) and anti-fracking group Lock the Gate show that Australian gas company Santos held talks with the New South Wales state government in 2023 over plans to utilise CCS for its Narrabri gas project. The onshore CSG project has not yet been sanctioned by the company and faces Native Title issues alongside still needing a pipeline to market. However, the state government waved it through some years ago. An issue for Santos with Australia’s beefed up Safeguard Mechanism is the field’s high CO2 content. Lock the Gate slammed the CCS plans, which could have sent CO2 into a vast subsurface aquifer used as a water souce by farmers.
- Mon 10:06Much work remains in reducing energy-related carbon emissions across developing economies in Asia and the Pacific, a regional multinational development bank said Monday, calling for investment to be ramped up.
- Mon 09:22One of Japan's largest refiners will invest in a venture capital fund dedicated to supporting startups engaged in the development of carbon removal solutions, it announced Monday.
- Mon 08:36Around the corner - Japan and Malaysia are nearing an agreement regarding underground CO2 storage, according to Nikkei. The initiative aims to transport greenhouse gas produced in Japan to Malaysia for storage, potentially commencing in 2030. Key participants in the project include trading firm Mitsui and Kansai Electric Power, alongside the state-owned Malaysian oil company Petronas. Malaysia is discussing bilateral agreements with countries in the region to establish itself as a carbon capture, utilisation, and storage (CCUS) hub.
- Mon 08:35Partnership - Japanese machinery maker Kubota has formed a strategic partnership with Mizuho Bank to decarbonise the country's agricultural sector, it said in a recent statement. As part of the partnership, the two companies plan to utilise their industry expertise in agriculture and carbon markets to expand the volume of offsets, using a rice-focused methodology under the domestic J-Credit scheme. No specific business target was disclosed in the statement.
- Mon 06:00Australia Market Roundup: Greens urge govt to use Safeguard rules to block new coal and gas projectsThe Australian Greens on Monday said the government could use rules under the Safeguard Mechanism to halt new coal and gas projects, making it a key demand in a potential deal to form a minority government.
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