BRIEFING: Campaigners pose three quality approaches for use of international credits in EU
The European Union should adopt a hybrid approach when considering the quality of international credits that could count towards its 2040 emission reduction target, using self-set principles to assess against the Paris Agreement Crediting Mechanism (PACM) and other quality benchmarks, two non-profits said this week.
Read MoreBRIEFING: Indonesia explores three biodiversity credit pathways amid ministerial change
Indonesia’s government has floated three options for national nature crediting, proposing possible mandatory and voluntary frameworks for a scheme now under a new environment minister’s remit.
Read MoreElectrification can strengthen EU competitiveness, think tanks say
The EU could implement electrification policies to reduce reliance on imported fossil fuels while using carbon pricing to boost the competitiveness of some industrial sectors, according to a paper shared by three European think tanks on Wednesday.
Read MoreNordic forestry companies back drone-based tree felling
Forestry firms based across Sweden and Finland have this week committed funds to a pilot project aiming to reduce the sector’s environmental impact by using drones to fell trees from the air.
Read MoreAfrica Roundup: Zimbabwe’s turbulence highlights political risks in continent’s race for international carbon markets
Zimbabwe’s dispute over the eligibility of its carbon credits for aviation offsetting scheme CORSIA highlights the persistent political uncertainties around Sub-Saharan Africa’s race to enter international carbon markets – while scientific studies warn that carbon investments could be key to saving the continent’s vital forest sinks.
Read MoreEthiopia secures $9.8 mln to scale nature-based climate solutions
The Global Environment Facility (GEF) has committed $9.8 million to a UN-led nature-based climate resiliency initiative in Ethiopia, it announced this week.
Read MoreFinnish municipalities can drive voluntary biodiversity offsetting demand -paper
An absence of demand drivers and lack of offset monitoring requirements present key challenges for Finland’s voluntary biodiversity offsetting system that could be tackled by municipalities, a paper suggested this week.
Read MoreBiodiversity Credit Alliance calls for digital infrastructure
If nature markets are to scale with transparency, auditability, and inclusivity, they should be developed as digitally native mechanisms, Biodiversity Credit Alliance (BCA) said in a paper on Tuesday.
Read MoreSouth Africa looks to finance community-led conservation in national plan
South Africa has taken steps towards completing its overdue biodiversity strategy, with officials calling for more conservation funding pathways for local projects during a conference in the Gauteng province.
Read MoreUK govt launches £30 mln fund for English biodiverse habitats
The UK government has ring-fenced £30 million for creating and restoring biodiverse habitats in England over the next three years, it announced on Monday.
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