Expert review of link between sovereign debt and climate launched at IMF Spring Meetings

Published 05:01 on April 19, 2024  /  Last updated at 21:22 on April 18, 2024  / nickferris /  Climate Talks, International, Nature-based

An independent review of the link between sovereign debt and climate change is being launched by experts at the IMF and World Bank Spring Meetings on Saturday. 

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CP Daily: Thursday April 18, 2024

Published 04:37 on April 19, 2024  /  Last updated at 04:37 on April 19, 2024  / Carbon Pulse /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

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Colorado cap-and-trade bill passes House committee

Published 04:25 on April 19, 2024  /  Last updated at 04:25 on April 19, 2024  / Bijeta Lamichhane /  Americas, US

A bill introduced by the Colorado House of Representative lawmakers to legislate a cap-and-trade system in the state on Thursday passed a committee amid polarising stakeholder sentiments.

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Apple employs suite of tools to reduce emissions, adopts offsets as “interim” solution

Published 03:17 on April 19, 2024  /  Last updated at 03:17 on April 19, 2024  / Joan Pinto /  Americas, Nature-based, US, Voluntary

En route to carbon neutrality at the end of the decade, US tech giant Apple plans to offset 25% of emissions across its value chain with voluntary carbon credits, it said in a progress report released Thursday.

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Australian pension fund tips $400 mln into Macquarie NBS, renewables fund

Published 02:16 on April 19, 2024  /  Last updated at 02:19 on April 19, 2024  / Mark Tilly /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Superannuation fund UniSuper on Friday announced a $400 million investment in the Macquarie Green Energy and Climate Opportunities Fund (MGECO), which invests in renewable energy and nature-based solutions.

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Associate Director, Carbon Markets Technical Expert, Pollination Group – Singapore/Sydney

Published 02:01 on April 19, 2024  /  Last updated at 02:01 on April 19, 2024  /  Job Postings

The Associate Director – Carbon Markets Technical Expert plays a critical role within the Carbon Markets Team. This position involves providing in-depth technical advice, designing natural climate solution projects, and ensuring these initiatives align with international standards through all project phases (from feasibility to implementation).

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European low-cost airlines see emissions soar to record in 2023 on €18/t avg carbon price -study

Published 01:59 on April 19, 2024  /  Last updated at 02:00 on April 19, 2024  /  Aviation/CORSIA, EU ETS, International, Switzerland, UK ETS

European low-cost airlines paid around €18/tonne on average to pump out more CO2 than ever last year, even though emissions for the continent’s aviation sector as a whole remain below 2019 peak levels, according to a study released Friday.

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WCI Markets: CCAs fluctuate on low volumes, WCAs continue to creep higher

Published 23:06 on April 18, 2024  /  Last updated at 23:06 on April 18, 2024  / Graham Gibson /  Americas, Canada, US

California Carbon Allowance (CCA) prices fluctuated throughout the week, ending with minimal gains as traders await next week’s workshop on potential programme amendments, while Washington Carbon Allowance (WCA) values crawled higher amidst limited activity in the under-fire scheme.

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US DOE invests $8 mln in industrial decarbonisation

Published 21:54 on April 18, 2024  /  Last updated at 21:54 on April 18, 2024  / Bijeta Lamichhane /  Americas, US, Voluntary

The US Department of Energy (DOE) on Thursday unveiled $8 million in funding for 14 projects that convert CO2 emissions from industrial processes into useful products.

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Article 6 torn between private sector and geopolitics ahead of ‘bridge’ COP29, UN advisor says

Published 21:50 on April 18, 2024  /  Last updated at 21:50 on April 18, 2024  / Emanuela Barbiroglio /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International, Paris Article 6

Negotiations on Article 6 of the Paris Agreement are expected to be influenced by the private sector and geopolitics, as parties prepare for a ‘bridge’ climate conference in Azerbaijan, a UN advisor said on Thursday at IETA’s annual European Climate Summit in Florence.

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