Australian low-carbon fuels developer snaps up A$32 mln in government funding
An Australian low-carbon liquid fuels (LCLF) developer has been awarded A$32 million ($22.4 mln) of conditional funding from a government agency.
Read MoreJapanese power company invests A$25 mln in ACCU fund
One of Japan’s largest power generators has invested A$25 million ($17.5 mln) in a nature-based carbon fund in Australia.
Read MoreNew Zealand increasing its risk of missing post-2030 emissions targets, ETS not pulling its weight, climate commission warns
Current policies and plans are not sufficient for New Zealand to meet its post-2030 emissions goals, while the risk of missing the 2026-30 second emissions budget (EB2) is growing, the Climate Change Commission (CCC) warned again, as it also called out inefficiencies in the country’s carbon market.
Read MoreNew Zealand, Philippines agree to develop climate cooperation, including on Article 6
New Zealand has agreed to explore Article 6 opportunities as part of a to-be-established climate collaboration framework with the Philippines despite the Kiwi government still not committing to purchase international credits.
Read MoreRising NZ ETS costs cited in govt support for cement plant
Increasing carbon costs were the main reason for the New Zealand government’s bailout of the country’s sole cement plant, to maintain its competitiveness with imports that are not subject to an emissions price, according to statements Monday.
Read MoreFEATURE: ICJ climate opinion bolsters need to fulfil NDCs, increase ambitions -legal experts
The International Court of Justice’s (ICJ) landmark climate advisory opinion adds moral and legal weight to the need for countries to deliver on their Paris Agreement goals despite it not being legally binding, experts have told Carbon Pulse.
Read MoreBrokerage, advisory form partnership aimed at European carbon market
An environmental markets brokerage is joining forces with an advisory service to expand their European carbon market offering, they announced on Wednesday.
Read MoreBRIEFING: ‘Grave issues’ with NZ govt bill to ban climate torts, submissions say
Submissions on the New Zealand government’s proposed Climate Change Response Act (CCRA) amendments to ban climate torts have flagged issues with both the content and the process, with one legal expert decrying the “implausible” scenario of bankruptcy put forward by a corporation in its support for the bill.
Read MoreNo single solution to NZ livestock methane emissions -study
An array of interventions is needed to reduce biogenic methane emissions from livestock in New Zealand, including gene selection, vaccines, and feed additives, a study has found.
Read MoreNZ reforestation initiative retools for carbon, nature markets
A New Zealand initiative aiming to encourage native reforestation is pivoting to broader carbon and nature markets for funding, following a lack of commitment from the government for an earlier iteration which would have leveraged the country’s Nationally Determined Contribution (NDC).
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