Biochar company raises $5 mln in funding for Southeast Asia operations
A Southeast Asia-focussed biochar company has received $5 million in funding via investment from Mekong Enterprise Fund IV.
Read MoreChina renewable energy expansion continues to outpace thermal generation in April
China saw growth in renewable power generation last month continue to surpass the expansion of thermal power, though monthly coal output remained at a relatively high level, according to the latest government data.
Read MorePNG NGOs write to govt demanding consultation on carbon market regulation
Environmental groups in Papua New Guinea have once again written to the government calling for transparent and robust consultation on the country’s carbon market regulations.
Read MorePakistan eyes cement, waste sectors to generate credits under Article 6
Pakistan is targeting its cement and waste management sectors for decarbonisation, while also exploring carbon finance opportunities under Article 6 of the Paris Agreement.
Read MoreFEATURE: Seismic studies the new frontier for CCS earnings
Seismic companies are increasingly collaborating, investing, and lining up for carbon capture and storage (CCS) work, thanks to increasing interest from countries globally looking to the technology as a way to foster CO2 trading and markets, as well as meeting emissions reductions targets.
Read MoreVerra on track to launch nature framework late this year, will pursue stewardship credits
Crediting standard Verra is on track to launch its nature framework towards the end of the year with a number of adjustments following its recent consultation process, and has decided to go ahead with testing nature stewardship credits or certificates as a separate unit type.
Read MoreNZ Market: NZU price sinks as govt ETS consultation poorly received by the market
The price for NZUs closed around 6% lower on Friday as a recent government consultation proposing weaker ETS settings has been met with “anger and frustration” in the market.
Read MoreCarbon pricing proves its worth in reducing emissions, global meta-study shows
Carbon pricing schemes, such as taxes and cap-and-trade systems, are significantly reducing global greenhouse gas emissions, a new meta-study has found, though the results vary widely depending on the policy’s design and implementation.
Read MoreAustralia Market Roundup: Govt, Greens strike to deal to pass vehicle emissions standards, ACCU issuance rises
The federal government and the Greens have agreed to pass legislation on New Vehicle Efficiency Standards (NVES) and oil and gas tax changes in exchange for the government dropping an amendment that would allow oil and gas projects be exempt from federal environmental assessments.
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