NZ govt appoints new ETS auction provider
The New Zealand government has tapped CBL Markets Australia to run its emissions allowance auctions, it announced on Thursday.
Read MoreNZU stockpile edges up as surrender deadline nears
Private holdings of New Zealand emissions units inched up in April, ahead of the compliance deadline at the end of this month.
Read MoreSpeculation mounts over possible closure of large NZ ETS participant
One of the largest industrial facilities in the New Zealand emissions trading scheme (ETS) is considering its future in the country, it confirmed to Carbon Pulse on Wednesday.
Read MoreINTERVIEW: New Indigenous-led global fund targets ‘valley of death’ in clean energy projects
A newly-launched global Indigenous-led investment vehicle is aiming to close a persistent financing gap for renewable energy projects on Indigenous lands, with its backers arguing that current models continue to exclude communities from the economic benefits of the energy transition.
Read MoreFEATURE: Efforts ramp up globally to include Indigenous Peoples in carbon, clean energy projects Â
Indigenous Peoples globally are increasingly acting to have an active stake in carbon and clean energy projects on their lands, however ongoing structural barriers persist that need to be addressed if they are to reap the full benefit, according to experts and local leaders.Â
Read MoreAustralia selects four decarbonisation-geared projects for investment fast-track pilot
The Australian government on Thursday announced the first four projects under its Investor Front Door pilot, all aimed at helping the shift out of fossil fuels and shore up energy security, it said.Â
Read MoreSustainable growth pathway could cut NZ emissions by 22% more than ETS alone by 2050, report says
Pursuing an innovation-driven, low-emissions economic pathway could boost New Zealand’s GDP by more than NZ$33 billion ($18.8 bln) annually by 2050, and deliver an additional 22% of emissions reductions compared to relying just on the country’s carbon market, a recent report said.
Read MoreAustralia’s CEFC commits A$125 mln to decarbonisation fund
A new decarbonisation fund has launched in Australia, with the government’s Clean Energy Finance Corporation (CEFC) acting as a cornerstone investor.
Read MoreBRIEFING: Pressure mounts on NZ govt to rethink LNG import terminal plan
As the shortfall of oil and gas due to the war in the Middle East continues to push up fuel prices globally, a decision by New Zealand’s government in February to pursue the construction of a new LNG import terminal is coming under growing pressure.
Read MoreWorld Bank announces first tranche of $1 bln forest programme in Africa to reduce 17.6 MtCO2e annually
The first tranche of cash under the World Bank’s $1-billion forest programme in Central Africa has been approved, to support efforts leading to a 17.6 million tonnes of CO2e reduction in GHG emissions each year, the funder announced Tuesday.
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