International panel launches second consultation on biodiversity credits

Published 11:25 on April 19, 2024  /  Last updated at 11:25 on April 19, 2024  / Giada Ferraglioni /  Biodiversity, International

The International Advisory Panel on Biodiversity Credits (IAPB) has launched its second consultation on the emerging biodiversity market, seeking to gather views on possible basic models.

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CN Markets: CEA price hits all-time high again on regulatory optimism, but liquidity dwindles

Published 11:15 on April 19, 2024  /  Last updated at 11:15 on April 19, 2024  / Chia-Erh Kuo /  Asia Pacific, China

China’s national carbon market saw allowance prices reach a fresh high again over the past week but with lower trading volumes, as observers expect tighter allocation of permits in the upcoming market plan.

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Environmental consultancy releases metric to measure biodiversity in the Americas

Published 10:37 on April 19, 2024  /  Last updated at 10:37 on April 19, 2024  / Sergio Colombo /  Americas, Biodiversity, Canada, Mexico, South & Central, US

A Danish environmental consultancy has released an open-access metric to measure the biodiversity value of sites in the Americas, seeking to inform restoration projects as well as supporting corporate disclosures on nature-related impacts and dependencies.

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New Zealand pledges climate finance for Southeast Asia, looks at Article 6 tie with the Philippines

Published 10:14 on April 19, 2024  /  Last updated at 10:14 on April 19, 2024  / Helen Clark /  Asia Pacific, International, New Zealand, Other APAC, Paris Article 6

New Zealand has committed NZ$41 million ($25 mln) in climate finance to Southeast Asia via the Asian Development Bank’s (ADB) Energy Transition Mechanism (ETM), it said Friday, while entering into early talks with the Philippines over potential cooperation on Article 6.

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Korean water utility secures early carbon project deals in Central Asia

Published 07:41 on April 19, 2024  /  Last updated at 07:41 on April 19, 2024  / Chia-Erh Kuo /  Asia Pacific, Other APAC, South Korea, Voluntary

A state-owned water supplier in South Korea has secured partnerships with two Central Asian countries as it seeks to explore the potential of emissions reduction projects using renewable energy in the region.

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GenZero, VCMI partner to carve out role for technical innovation in “high integrity” carbon ecosystem

Published 07:35 on April 19, 2024  /  Last updated at 07:35 on April 19, 2024  / Nikita Pandey /  Asia Pacific, Aviation/CORSIA, International, Other APAC, Voluntary

Temasek subsidiary GenZero has partnered with the Voluntary Carbon Markets Integrity Initiative (VCMI) to substantiate the use case for technical products such as Sustainable Aviation Fuel (SAF) certificates and understand their potential role in high integrity carbon market infrastructure.

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Japanese, Indian firms sign deal on green ammonia collaboration

Published 07:06 on April 19, 2024  /  Last updated at 07:06 on April 19, 2024  / Helen Clark /  Asia Pacific, Japan, Other APAC, Paris Article 6, Voluntary

A major Japanese energy company has signed an initial agreement with India’s biggest renewable energy firm on ammonia supply, the second such deal in recent months for a fuel deemed by the Indian government as eligible for export under Article 6 of the Paris Agreement.

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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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