- Thu 14:58The Science Based Target initiative (SBTi) is on course to permit the extended use of "high-integrity" carbon credits as part of an updated version of its Corporate Net-Zero Standard, with a new proposed update due to be presented in a matter of months, confirmed the organisation's CEO David Kennedy, during an event in London on Thursday.
- Thu 14:16The Asia Zero Emission Community (AZEC) initiative promised decarbonisation across Asia, but experts warn its gas-heavy focus risks locking Southeast Asian nations into costly and volatile fossil fuel pathways.
- Thu 14:09The Global Reporting Initiative (GRI) has released two newly revised standards on climate and energy that companies can use to disclose on topics including emissions reductions, greenhouse gas removals, and carbon credits.
- Thu 13:50Methane satellites - South Korean aerospace company Nara Space is developing NarSha, a methane-dedicated nanosatellite constellation, that can provide global coverage and detect emissions as small as 100 kg/hour, according to an article published by the World Economic Forum. The precision makes it possible to detect methane plumes, and to attribute emissions to specific sources, from remote energy fields to dense urban areas. This can enable faster policy responses, targeted mitigation strategies, and enforcement grounded in variable evidence.
- Thu 13:19The emerging regulations and standards around biochar in Australia will help it avoid being associated with less environmentally friendly technologies and expand end users and uptake, experts told a conference on Thursday.
- Thu 13:05Article 6, intended to enhance climate ambition through international cooperation via carbon credit trading, is at risk of becoming a loophole that enables countries to delay domestic mitigation instead of increasing it, according to a new report from a non-profit.
- Thu 12:57The Indian government should shift its INR 1,980 billion ($25 bln) of annual harmful agricultural subsidies towards practices that benefit biodiversity, a UN Development Programme (UNDP)-backed report said this week.
- Thu 12:09A climate fund has selected the winners of a carbon removal (CDR) financing competition after whittling down huge field of 280 applications to just 18 successful startups.
- Thu 11:26Singapore’s Ministry of Sustainability and the Environment (MSE) has issued a public warning about a scam exploiting official government logos to lure individuals into signing up for a fraudulent cryptocurrency-based carbon credit trading scheme.
- Thu 11:24Indonesian province Riau is exploring cooperation with ART TREES on carbon credit calculations, as officials met during London Climate Action Week to discuss emissions reduction strategies, according to national news agency Antara.
- Thu 11:09New South Wales confirmed Thursday the state is on track to miss its near term GHG emissions reduction target in a formal response to a recent Net Zero Commission report, and will establish a strategy and give more power to its environmental authority in order to meet its legislated climate goals.
- Thu 10:27Over-crediting risk and lack of policy guidance are among the issues weighing on South Korean investors' interest in exploring international emissions reduction projects, an event heard this week.
- Thu 09:34Three China-based banks have signed letters of intent to support an initiative aimed at scaling up investments in nature infrastructure, conservation, and nature-based solutions in the country.
- Thu 09:03Verra is seeking views on its plans to allow project developers to manage their risks with insurance, and to widen its list of countries eligible for renewable energy projects – as part of a new consultation on its updated carbon standard, the organisation’s CEO said in an interview.
- Thu 08:08Two small Australian companies are hoping to generate carbon credits and sell them on the voluntary market by reducing diesel use at mine sites to avoid greenhouse gas emissions.
- Thu 07:50Edge of space - A startup building airships that float at twice the altitude of air traffic to help monitor GHG emissions and beam internet to the ground has secured $15 mln from Japan's Softbank. The "lighter than air" high-altitude platform stations occupy a unique observational sweet spot between aircraft and satellites, and are now gathering real time data about methane emissions from oil and gas producers in New Mexico, the company's home state. The new funding will help Sceye demonstrate one of its stratospheric platforms in Japan to offer broadband.
- Thu 07:00A group of Australian financial institutions, businesses, and environmental organisations has urged the government to put nature-based solutions at the centre of the COP31 agenda, as the country is seen as a front-runner to host the UN climate summit next year.
- Thu 05:33A carbon market policy expert has warned that the New Zealand government may not be able to claim its ETS is aligned with its Paris Agreement goals for much longer if it continues to stall on buying overseas credits.
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