- 23:47 GMTCorporate entities can start planning for data granularity in their emissions reporting based on the drafts and discussions happening around updates for the Science Based Targets initiative (SBTi) and GHG Protocol reporting standards, experts said on a Tuesday webinar.
- 23:01 GMTOnly five of the world’s largest asset managers have set robust interim targets to cut portfolio emissions by 50% by 2030, and more than half fail to meet a single biodiversity standard, according to a benchmark report released Wednesday.
- 21:01 GMTA pair of companies have entered a 10-year exclusive partnership to commercialise a low-carbon asphalt technology across the US.
- 21:00 GMTJapan should see a growing demand for carbon credits after its emissions trading scheme moves into the next phase, but policy and price uncertainties still weigh on overall interest at the moment, according to a survey released Wednesday.
- 15:29 GMTA new paper has called for the establishment of an international regulatory club to align standards, manage long-term risks, and uphold trust in geological CO2 storage projects to help fully scale these technologies in Article 6 carbon markets.
- 14:31 GMTJurisdictions all over the world are grappling with longstanding legal definitions of state property linked to the particularity of CO2 ownership – with the resulting legal flux injecting uncertainty into the voluntary carbon market (VCM), Carbon Pulse has heard from experts in several countries.
- 13:42 GMTKey carbon project baseline and leakage standards, adopted following a meeting of UNFCCC experts last week, have been heralded as a significant step forward in ensuring the Paris Agreement Crediting Mechanism (PACM) is robust and aligned with internationally agreed climate warming goals.
- 13:03 GMTThe open-source MoFuSS fuelwood consumption model, used by clean cooking projects in voluntary and Article 6 carbon markets, will in the coming months launch a user-friendly yet highly granular and customisable online format, according to one of its architects.
- 12:54 GMTCarbon standard and registry Isometric has opened a consultation on a new draft module for emissions accounting in carbon removal and finalised a methodology to credit river-based projects.
- 12:33 GMTSarawak state in Malaysia passed a bill on Tuesday with the aim of monetising its biological resources for industry, while promoting benefit sharing and ramping up enforcement against misuse, according to local reports.
- 10:55 GMTBusinesses across the plastic value chain are increasingly exposed to liability risks, with potential consequences on their reputation and ability to attract investments, according to a report released this week.
- 10:19 GMTLast hurdle down - The last legal hurdle for a large new Australian gas project has been cleared, paving the way for Santos to develop its high CO2 Narrabri coal seam gas field onshore New South Wales. The A$3.6 bln ($2.3 bln) project was cleared for development by the Native Title Tribunal after a case brought against it by the Traditional Owners, the Gomeroi people of NSW. Pushback has been fierce for the decade-plus the company has tried to get it off the ground, with farmers, environmentalists, and even the staunchly small-c conservative Country Women’s Association vociferous in opposition. The CO2 content is between 25-30% and Santos will have to find a way to deal with it from the get go.
- 10:18 GMTBig ole BESS - Potentia Energy is proposing a new battery storage system in South Australia as part of the Bungala solar farm site, 15 km northeast of Port Augusta. The Battery Energy Storage System (BESS) is the first under the Hydrogen and Renewable Energy Act (HRE Act). Public consultation closes in a week, the government said.
- 09:53 GMTGraphic design software platform Canva co-founder Cameron Adams and his wife Lisa Miller, CEO and co-founder of a restoration foundation, will donate at least half of their multi-billion dollar fortune to environmental charities, they announced on Tuesday.
- 08:59 GMTThe South Korean government is developing a framework for recognising voluntary private-sector contributions to biodiversity conservation, as it signed a public-private partnership deal with a tech firm on Tuesday.
- 08:12 GMTBiochar partners - Climate consultancy Atmosfair has partnered with biochar developer Husk Ventures on carbon removal in Southeast Asia. The collaboration sees them work together to produce biochar from rice husks, which will then be applied to fields to increase fertility and store carbon long term. The partnership that aims to sequester 20,000 tonnes of carbon over the next seven years will support regenerative agriculture and rural livelihoods in Cambodia and Vietnam. Astmosfair is also supporting Husk with a financing facility to increase Husk's production capacity in Cambodia and set up a new production facility in Vietnam.
- 08:10 GMTBlue carbon study - The Japanese government plans to conduct blue carbon research aimed at capturing CO2 in the deep sea through cultivated sea plants, Kyodo News reported, citing unnamed sources. The environment ministry will commission the Japan Agency for Marine-Earth Science and Technology, energy major Eneos, and others to investigate the behaviour of seaweed when submerged at considerable depths and to assess the environmental impact of such blue carbon projects, the report said.
- 08:06 GMTA Hong Kong-listed financial company has launched a carbon credit fund with two partners to accelerate the growth of voluntary carbon markets in the Asia Pacific region.
- 07:48 GMTIndia’s push to double its steelmaking capacity by 2030 is fuelling a wave of coal-based project announcements that threaten to derail global decarbonisation targets, a report has warned.
- 06:50 GMTAs much as 11% of Australia’s total carbon budget could be blown by house-building alone unless steps are taken now to cut the upfront carbon embedded in the building phase, an industry association warned Tuesday.
- 04:30 GMTA cookstove project developer expects its carbon credits to be soon labelled with the Core Carbon Principles (CCP) stamp of high integrity, the first in the market from the sector, after slashing emissions reduction claims via a new accounting method, it announced Tuesday.
- 01:54 GMTFresh money - Tokyo-based carbon project developer Jizoku has raised JPY 71 mln ($490,017) in a seed round from a group of investors, including Partners Fund and Hakobune, it announced Tuesday. With the new funds, Jizoku said it will work to create carbon credits in Japan and overseas, primarily in the agricultural sector. The company has been promoting a methodology that can reduce methane emissions from rice cultivation through water management.
- 00:17 GMTAustralia’s largest carbon project developer has quit the federal government’s Climate Active scheme, arguing it has become too risky for companies to participate without being accused of greenwashing.
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