COP16: Mining a key driver of tree cover loss in tropical primary rainforests, Indigenous land -report

Published 14:40 on October 23, 2024  /  Last updated at 18:17 on October 23, 2024  / /  Africa, Americas, Asia Pacific, Biodiversity, International, South & Central

Mining has increased by 52% since the turn of the century due to surging demand for metals and minerals, exerting an outsized impact on tree cover loss in tropical primary rainforests and in Indigenous and local community territories, according to a new report by a non-profit.

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EU invests almost €5 bln of ETS revenues into net-zero projects

Published 12:13 on October 23, 2024  /  Last updated at 12:13 on October 23, 2024  / /  EMEA, EU ETS

The European Commission has selected 85 innovative net-zero projects to receive €4.8 billion in grants from the Innovation Fund, which is supplied by revenues from the EU ETS.

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AI tool launched to help English farmers access carbon credits

Published 07:00 on October 23, 2024  /  Last updated at 16:50 on October 21, 2024  / /  EMEA, Nature-based, Voluntary

Farmers in England can more easily access tree-related grants and carbon credits through the use of an AI-powered tool, launched Wednesday.

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Launch of lightweight probe for CO2 measurement of flue gas, DAC

Published 12:00 on October 22, 2024  /  Last updated at 12:39 on October 21, 2024  / /  EMEA, Voluntary

A Finnish company has launched a hand-sized instrument for accurate in-situ measurement of the CO2 in flue gas and direct air capture (DAC), which it says will avoid greenwashing from carbon capture and help with process optimisation.

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BRIEFING: CCUS development in the UK requires transition finance and de-risking -experts

Published 16:42 on October 18, 2024  /  Last updated at 16:47 on October 18, 2024  / /  EMEA, Voluntary

Developing a carbon capture, utilisation and storage (CCUS) industry in the UK that can sustain itself without government support and attract CO2 imports from Europe will require de-risking the value chain and transition finance, experts said on Friday.

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Russia to put forward plans for int’l carbon market at COP29 -media

Published 18:41 on October 17, 2024  /  Last updated at 18:41 on October 17, 2024  / /  EMEA, International, Paris Article 6, Voluntary

Russia will present ideas for creating an international carbon market at the UN climate summit COP29 in Baku next month, local news outlets have reported.

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BRIEFING: England needs land use framework to determine best intersection of farming and nature

Published 16:30 on October 17, 2024  /  Last updated at 16:30 on October 17, 2024  / /  Biodiversity, EMEA

England desperately needs a land use framework to best determine how land should be apportioned for the many competing priorities of farming, nature, carbon, energy, and housing, industry experts said on Thursday.

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EXCLUSIVE: Carbon removals from large US initiative to be marketed to European companies under new deal

Published 15:51 on October 16, 2024  /  Last updated at 19:51 on October 16, 2024  / /  EMEA, US, Voluntary

Carbon removals (CDRs) from bioethanol plants in the US Midwest are to be made available to European companies seeking to achieve net zero emissions under a new deal between the project developer and an environmental markets risk management company, they told Carbon Pulse.

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Biodiversity market held back by lack of financial materiality, policy impetus -analysts

Published 15:15 on October 15, 2024  /  Last updated at 15:16 on October 15, 2024  / /  Biodiversity, International

Investing in biodiversity is being held back by a lack of financial materiality and policy impetus, though steps forward on an international carbon market could unlock funding for biodiversity, said analysts at a sustainability ratings agency.

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INTERVIEW: EU regulation on reducing agriculture emissions could erode case for carbon finance

Published 08:00 on October 15, 2024  /  Last updated at 17:15 on October 14, 2024  / /  EMEA, Voluntary

Setting EU regulation to reduce emissions in agriculture too soon could erode the incentive for farmers to participate in private markets such as those involving carbon finance, according to a Danish agtech company.

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