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- Thu 11:19Countries are widely divided around traditional fault lines in talks on what a new UN initiative to strengthen climate efforts should look like, with developing countries prioritising finance, wealthier nations encouraging greater policy action, and business groups advocating wider deployment of climate technologies.
- Thu 10:47Voluntary carbon markets could deliver up to $12.6 billion a year to support agrifood decarbonisation in Southeast Asia, yet researchers caution that the region’s funding shortfall remains severe.
- Thu 08:04An Asian investment management firm has raised $48 million in blended finance to fund climate-smart land-use practices in Indonesia.
- Thu 02:45In limbo – The first ballot to register exotic forestry on marginal land in the NZ ETS has now closed, the Ministry for Primary Industries (MPI) said on Thursday. Successful applicants will be notified once the ballot has been drawn, it added. The move to a ballot follows legislative changes to restrict the amount of farm-to-forest conversions for the carbon market, with two such lotteries taking place to allocate permits to 15,000 ha of LUC 6 land each year. MPI said it would announce the date for this year’s second draw once it has been confirmed.
