Singapore NGOs call for transparency in carbon tax
A group of Singapore-based environmental groups have called on the government to improve the transparency of its carbon tax regime, warning that allowances for heavy industries and a lack of disclosure in how these are calculated risk undermining the city-state’s climate targets.
Read MoreIndonesia sets out carbon credit standard for mangrove projects
Indonesia has released a national standard and methodology for establishing and certifying blue carbon projects, as it seeks to protect and realise the sequestration potential of vast mangrove ecosystems spanning 3.4 million hectares.
Read MoreUS forest management firm eyes voluntary carbon markets
A US-based forestry company is looking to participate in the voluntary carbon markets (VCM) to capitalise on “significant growth” in demand for carbon offset, it said this week.
Read MoreIndia drafts 20 more offset methodologies, eyes CORSIA approval
India is developing 20 additional offset methodologies spanning agriculture, transport, renewable energy, and waste minimisation for its Indian Carbon Market (ICM), officials told a stakeholder webinar this week.
Read MoreBoeing, ocean-based CDR startup launch pilot in Malaysian state
Aerospace major Boeing along with a California-based carbon removal company have teamed up to develop a seawater-based CDR pilot facility in the Malaysian state of Sarawak.
Read MoreMarine heatwave in 2023 damaged ocean’s ability to store carbon, study finds
Record marine heatwaves in 2023 weakened the ocean’s ability to absorb carbon dioxide by about 10%, according to a study published this week.
Read MoreTop steelmakers mask methane emissions from Australia’s coal mines, says think-tank
The world’s leading steel producers are concealing their true climate impact by failing to account for methane released from the Australian coal they import, according to a report released Thursday.
Read MoreID Market: Trading volume remains near zero, with single 5k transaction dominating
Indonesia’s national carbon exchange saw a minor jump in traded volumes in August, driven almost entirely by a single large negotiated deal as liquidity remained limited overall.
Read MoreStudy claims blockchain could boost trust, speed in carbon markets
Blockchain technology could cut carbon credit verification times from months to minutes while improving transparency and opening carbon trading to more buyers, according to new research.
Read MoreSwiss court to hear Indonesian islanders’ climate case against cement giant
A court in Switzerland will on Wednesday hear a civil lawsuit brought by four Indonesian islanders against one of the world’s largest cement makers, in a case that could set a precedent for corporate climate accountability.
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