ADB climate spending reaches record levels

Published 06:14 on April 24, 2025  /  Last updated at 06:16 on April 24, 2025  / /  Asia Pacific, International, Other APAC

The Asian Development Bank (ADB) set a new record for climate finance commitments in 2024, as it hones in on a goal for 50% of all capital commitments to be for climate action by 2030.

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UPDATE – NZ court rejects bid to expand climate case

Published 06:15 on April 23, 2025  /  Last updated at 00:43 on April 24, 2025  / /  Asia Pacific, New Zealand

A New Zealand judge has rejected an effort to have the list of defendants in a landmark climate case for the Pacific country expanded.

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UPDATE – NZ climate commission recommends higher ETS auction volumes, but price settings unchanged

Published 23:40 on April 22, 2025  /  Last updated at 05:34 on April 23, 2025  / /  Asia Pacific, New Zealand

New Zealand’s Climate Change Commission (CCC) has recommended small tweaks to the country’s emissions trading scheme in its latest annual advice to the government, released Wednesday.

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Major meat producer set to miss deforestation pledge, report finds

Published 06:15 on April 22, 2025  /  Last updated at 06:19 on April 22, 2025  / /  Americas, Asia Pacific, Biodiversity, New Zealand, South & Central

An investigation has found that meat producer JBS is likely to miss its goal to eliminate deforestation in its Amazonian supply chain.

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NZ ETS participants to shun 2025 auctions -analyst

Published 05:36 on April 22, 2025  /  Last updated at 05:36 on April 22, 2025  / /  Asia Pacific, New Zealand

A downturn in New Zealand’s emissions allowance prices suggests that none of the emissions trading system (ETS) auctions this year will clear, according to a market analyst.

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Clean energy tax credits potentially offer $238 mln annual boost to Iowa -study

Published 01:09 on April 22, 2025  /  Last updated at 01:09 on April 22, 2025  / /  Americas, US

Clean energy tax credits are expected to deliver $238.4 million of benefits to Iowa’s economy annually out to 2032, according to a new study.

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Rio Tinto mulling low-carbon aluminium smelter in India

Published 05:30 on April 17, 2025  /  Last updated at 05:30 on April 17, 2025  / /  Asia Pacific, Other APAC

Australian mining giant Rio Tinto has signed a deal with an energy transition solutions provider to explore the feasibility of developing a low-carbon aluminium project in India.

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Forest fees prompt NZU sales, consultancy says

Published 05:38 on April 16, 2025  /  Last updated at 05:56 on April 16, 2025  / /  Asia Pacific, New Zealand

The introduction of charges on forests in the New Zealand Emissions Trading Scheme could be spurring emissions unit sales, according to a carbon market consultant and trader.

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Emissions fall as New Zealand approaches halfway to methane target

Published 06:18 on April 15, 2025  /  Last updated at 06:26 on April 15, 2025  / /  Asia Pacific, New Zealand

New Zealand’s GHG emissions continued to drop in 2023, as the country closes in on the halfway point for its biogenic methane reduction goal.

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Australian nature tech accelerator announces recipients of new funding round

Published 06:04 on April 10, 2025  /  Last updated at 06:04 on April 10, 2025  / /  Americas, Asia Pacific, Australia, Biodiversity, Canada, EMEA, Nature-based, Voluntary

Investor Founders Factory and the government of Western Australia have announced the recipients of the second round of funding under their Nature Tech Accelerator, which focus on biodiversity, oceans and water, land and forests, and nature-based industry.

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