Australian carbon, biodiversity offset developer raising capital for Queensland assets
An Australian investment manager is raising A$6.6 million ($4.5 mln) for a fund that purchases agricultural land for carbon and biodiversity offset projects.
Read MoreAustralia Market Roundup: Energy company dumps hydrogen project, Woodside registers another ACCU project
Australian energy gentailer Origin announced on Thursday it would shelve a hydrogen development project due to a lack of certainty, while Woodside Energy continues to register new carbon credit projects.
Read MoreNZ officials call for better exotic forest regulations
New Zealand government officials have recommended exotic forestry be defined within the country’s National Environmental Standards for Commercial Forestry (NES-CF), in order to better regulate the sector that drives carbon credit supply in the country, according to a report published Thursday.
Read MoreVerra’s review process of Southern Cardamom REDD+ project raises independence, structural concerns, says human rights group
Verra’s review of the Southern Cardamom REDD+ (SCRP) project that led to its suspension being lifted relied heavily on the findings and claims made by its proponent, raising questions about its independence and presenting structural issues in the standard’s environmental and social requirements, according to the human rights group that investigated the activity.
Read MoreINTERVIEW: Australian companies can gain competitive advantage by thoroughly reporting against new mandatory climate requirements
Australian companies are likely to ensure their climate-related reporting is as rigorous as possible as a way to stand out from their competitors, with the new requirements to act as a tailwind for carbon and renewable energy certificate markets, an executive at a market infrastructure provider told Carbon Pulse.
Read MoreAustralian Cassowary Credit methodology, standard put out for consultation
The market regulator overseeing Australia’s reef credit scheme has published a draft Cassowary Credit standard and Rainforest Replanting methodology for a 30-day consultation, it announced Tuesday.
Read MoreNZ government lays out its climate, ETS agenda for the rest of the year
The New Zealand government has announced the next steps it intends to take on emissions trading, forestry, and agriculture-related measures, in its latest quarterly action plan published Monday.
Read MoreCOP partnership seen to open up climate opportunities for Australia, Brazil
Opportunities for closer cooperation on natural capital, decarbonisation, and carbon markets between Australia and Brazil could be on the horizon if the latter is successful at securing its bid to host COP31 in 2026, panellists told an event Friday.
Read MoreVoluntary biodiversity market nascent, uncertain, but growing report finds
A report surveying global biodiversity credit suppliers has found the market is still very much in the embryonic stage, with the demand question yet to be full answered, however there are signs of growing interest.
Read MoreAustralia Market Roundup: ACCU Scheme ‘finely balanced’ as regulator issues 740,000 units
The Australian Carbon Credit Unit (ACCU) Scheme is faced with a plethora of supply, demand, and policy risks that are leading the scheme to be “finely balanced”, according to analysis shared with Carbon Pulse.
Read More