Japanese company launches methane reduction JCM project
A Japanese trading house has launched a project to reduce methane emissions in Bangladesh, with the aim of generating credits under the Joint Crediting Mechanism (JCM), it said on Monday.
Read MoreNZ Supreme Court declines to hear climate advice appeal
New Zealand’s Supreme Court has dismissed an application to hear an appeal against a lower court ruling in a lawsuit over advice which fed into the South Pacific country’s first emissions reduction plan and budget.
Read MoreEuropean bank approves $200 mln for Turkish wind project
A European development bank has agreed to loan a Turkish utility $200 million for the construction of a landmark wind power project, it announced on Monday.
Read MoreVerra expands CCS module
Voluntary carbon standard operator Verra has announced a new module under its carbon capture and storage (CCS) methodology, it announced on Monday.
Read MoreDevelopment banks agree €87 mln of finance for solar power in the Balkans
Two European development banks have partnered on an €87 million financing package for a large-scale solar power development in the Balkans, they announced on Monday.
Read MoreFEATURE: Agtech eyes carbon markets to spur solutions for livestock emissions
Responsible for an estimated 14.5% of global anthropogenic greenhouse gas emissions, projects tackling livestock emissions have historically covered a very small part of the carbon market – but developers are preparing to go mainstream, with methodologies under Verra in development and poised for submission next year.
Read MoreCabinet papers shed light on NZ ETS governance reforms
A set of Cabinet papers released on Wednesday provide more details to proposed oversight changes for the New Zealand ETS, including the introduction of new penalties.
Read MoreINTERVIEW: NZ ETS ‘needs substantial review’, says opposition MP
The New Zealand Emissions Trading Scheme (ETS) is broken at present and is in need of a significant review to ensure it cuts down gross emissions, Labour’s climate spokesperson told Carbon Pulse Wednesday.
Read MoreADB cash boosts JCM funding for PNG programme
The Asian Development Bank (ADB) has agreed a financial package for Papua New Guinea, part of which tops up a grant from Japan’s Joint Crediting Mechanism (JCM) for the Pacific country.
Read MoreNew Zealand passes legislation enshrining climate policy changes
New Zealand’s parliament has passed amendments to the country’s climate change law under urgency, codifying two previously-announced policy changes and officially ending the country’s bipartisanship on climate change.
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