- 15:09 GMTVoluntary carbon prices were little changed little last week, despite the official launch of the VCMI’s new Scope 3 action code that highlighted a market caught in limbo by the ongoing lack of Core Carbon Principles (CCPs)-stamped credits.
- 14:23 GMTVerra now has its sights set on approval of more of its methodologies by the Integrity Council for the Voluntary Carbon Market (ICVCM), as well as scaling supply eligible for the UN's CORSIA international aviation offsetting scheme, an executive told Carbon Pulse.
- 11:35 GMTHelping hand - Indonesia and Norway over the weekend signed a Letter of Intent (LoI) for strengthening climate diplomacy and promoting biodiversity conservation, the Indonesia Business Post reported. The nations will work together on areas including climate change mitigation and adaptation, peatland and mangrove ecosystem preservation, waste management, and the promotion of a circular economy. Since 2022, Norway has backed Indonesia’s efforts to reduce emissions from the forestry and land-use sector (FOLU), and has pledged $216 mln in support. Norway has also helped the Southeast Asian nation developed a carbon trading system to help achieve its NDC.
- 10:02 GMTSouth Korea's trade ministry has decided to support a low-carbon naphtha cracking project in South Jeolla province, as part of the country's broader effort to decarbonise the domestic petrochemicals industry.
- 08:34 GMTAustralian Carbon Credit Unit (ACCU) prices climbed on Monday in reaction to the Labor party's weekend election win, as the market looks to what the final make-up of the Senate will mean for future climate legislation.
- 08:21 GMTNew fund - The Asian Development Bank (ADB) and the government of Japan have launched a new multi-donor trust fund to help developing countries in Asia and the Pacific strengthen private sector development, the multilateral development bank announced over the weekend. The fund aims to attract private sector participation in a wide range of development areas, such as infrastructure and clean energy. Japan is the founding contributor, with an initial commitment of $20 mln, according to the statement.
- 07:30 GMTThe World Economic Forum (WEF) has collaborated with GenZero, a subsidiary of Singapore government-owned investment firm Temasek, to scale demand for sustainable aviation fuels (SAF) with an aim to decarbonise the sector in the Asia Pacific region, they announced Monday.
- 07:00 GMTIt is Friday, June 14, 2019 and I am in the Vatican waiting for the Pope to make his entrance.
- 05:59 GMTSoutheast Asia could emerge as a beneficiary of global climate capital amid ongoing policy volatility in the US and Europe, panellists told a conference Monday, citing the region’s growing role in nature-based and technology-led carbon solutions.
- 05:02 GMTA leading Australian power generator and retailer has confirmed it has disbanded its nature-based projects team to focus on developing renewable energy instead.
- 02:10 GMTSingapore’s Economic Development Board (EDB) on Monday awarded grants to two project developers and a non-profit as part of an expanded push to catalyse early-stage Article 6 projects in the region.
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