Malaysian govt agency, Gold Standard sign deal for aligning forestry carbon initiatives, building capacity
Malaysia Forest Fund (MFF), a federal government agency, has signed a Memorandum of Understanding (MoU) with Gold Standard to strengthen the fund’s institutional capacity and support the development of national carbon credit initiatives, it said Thursday.
Read MoreBRIEFING: Shell’s Prelude will not be an eternal source of SMCs
Shell, experts, and the Clean Energy Regulator have sought to allay concerns that the Prelude floating LNG facility will be the source of an infinite supply of Safeguard Mechanism Credits (SMCs).
Read MoreRio Tinto mulling low-carbon aluminium smelter in India
Australian mining giant Rio Tinto has signed a deal with an energy transition solutions provider to explore the feasibility of developing a low-carbon aluminium project in India.
Read MoreMinnesota continues clean energy progress, despite national transition challenges -report
Minnesota is outperforming the national average in several key areas of clean energy transition, even as the US energy sector saw mixed results in emissions and investment in 2024, according to a new report.
Read MoreCalifornia refinery announces closure by Q2 2026
A major California refinery, an obligated entity under the state’s cap-and-trade programme, announced Wednesday that it expects to close shop in the second quarter of 2026.
Read MoreNorth American Clean Fuels Markets: California, Washington advance efforts to tighten standards
Recent developments in California and Washington to increase the stringency of their respective clean fuels programmes supported credit values heading into April, but this uptick in prices was hindered by US President Donald Trump’s latest actions that seek to attack state-level climate policies.
Read MoreOccidental acquires second direct air capture startup -media
Occidental Petroleum has acquired a direct air capture (DAC) startup, according to media reports, marking its second such purchase in under two years through its subsidiary Oxy Low Carbon Ventures.
Read MoreWidespread challenges persist in protecting Indigenous, local rights in forest carbon market projects -study
Despite over a decade of international commitments to uphold the rights of Indigenous and local communities (IP&LCs) involved in forest carbon markets, many initiatives are falling short in practice, according to a recently published study.
Read MoreUS courts rule to unfreeze $20 bln in climate funds blocked by Trump, federal agencies
In two separate lawsuits, federal judges ordered multiple federal agencies on Tuesday to unfreeze billions in climate funds “unlawfully” suspended as per an inauguration day executive order issued by US President Donald Trump.
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