- Tue 22:41Thailand has released its second Biodiversity Finance Plan (BFP) for the period 2023-27, aiming to mobilise $200 million for nature-positive initiatives.
- Tue 17:25Nearly half of China’s overseas investments are in renewables, a fifth of it in Africa, report findsAlmost half of China’s foreign investments over 2010-24 were in the renewable energy sector, and African economies received a fifth of those in the previous decade alone, according to a recent report.
- Tue 16:18Brazil and China’s public and private sectors are coming together on decarbonisation initiatives, meeting and signing agreements this week that officials and observers alike have characterised as Global South leadership during a climate policy power vacuum.
- Tue 13:08Taiwan's agriculture ministry has incorporated the development of carbon sinks from nature-based solutions into its climate strategy, but experts have expressed concerns over the potential impact on biodiversity, a public hearing heard Tuesday.
- Tue 12:39Natural capital accounting (NCA) can be used to help assess the effectiveness of biodiversity offset policies, while providing a pathway towards an international standard of reporting, a study of an Australian region has said.
- Tue 06:50Storage sought – The Australian Energy Market Operator (AEMO) Services has opened a tender for long-duration storage projects in New South Wales, with an indicative size of 1GW-worth of projects, or at least 8 GWh. It is open to all projects which can be operational by 2034, including those connecting to planned Renewable Energy Zones. AEMO Services has a target to add 2 GW and 16 GWh of long duration storage by 2030, and 28 GWh by 2034; it has already supported projects expected to provide 18 GWh of long duration storage and almost 3 GWh of firming capacity to the NSW grid, it said in a press release. Project bids are due by June 10, with a final decision in Dec. 2025 or Jan. 2026.
- Tue 06:48A New Zealand government-backed investment firm has committed cash to an Australian startup tackling methane emissions from cattle, its first trans-Tasman spend.
- Tue 06:38The NZU price has inched up in recent days as buyers come out of the woodwork and cash-strapped foresters selling into the emissions trading scheme subsides.
- Tue 03:03One of Asia’s largest carriers has signed an agreement to take 1,000 tonnes of CORSIA-eligible sustainable aviation fuel (SAF) and another to take SAF certificates to reduce emissions by just under 10,000t.
- Tue 02:59Amped up – Electricity retailer Meridian has reached a NZ$70 mln ($41 mln) agreement with Ampol-owned Z Energy to take over its Flick Electric customer contracts and related hedging book. In a stock exchange announcement, the firms said that Ampol’s divestment of Flick is to enable Z Energy to focus its strategy on expanding EV charging capabilities. Flick’s annual sales volume is around 384GWh to 41,000 customers, while Meridian’s FY2024 sales to its 399,000 customers exceeded 9,500 GWh.
- Tue 01:41An Anglo-Swiss coal miner could face hundreds of millions of dollars in carbon liability costs if it does not cut methane emissions from its Australian coal mines, analysis on Monday outlined.
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