South Africa’s blue carbon restoration can contribute to climate goals -report
South Africa’s blue carbon ecosystems can be leveraged to help meet its NDC goals, the first ever blue carbon sink assessment completed for the country has found, despite the fact that mangroves, salt marshes, and seagrasses collectively account for only a limited share of the large African economy’s land area.
Read MoreIndonesia’s East Kalimantan aims to sell credits for emissions reduction in World Bank agreement
The governor of Indonesia’s East Kalimantan province plans to auction carbon credits for emissions reductions that have not yet been compensated for by the World Bank’s Forest Carbon Partnership Facility (FCPF) agreement with Indonesia, local media has reported.
Read MoreRegulatory frameworks need to evolve for CCS to have key decarbonising role, study says
The emergence of CCUS as an effective technology to mitigate climate change will require the regular revising of laws at both the national and international level to regulate issues such as the transport and storage of CO2, the formation of hubs and clusters, and a viable insurance system for the sector, a study has found.
Read MoreAustralian miner Fortescue signs MoU to develop green steel plant in Europe
Australian iron ore producer Fortescue Metals Group (FMG) has signed a Memorandum of Understanding (MoU) with three partner companies to develop technology for net zero emissions ironmaking, the company announced on Tuesday.
Read MoreBill introduced in India’s upper house to establish net zero policy framework
A bill has been introduced into India’s upper house that aims to provide a framework for the world’s third-largest GHG emitter to reach its target of net zero emissions by 2070.
Read MoreCoal demand to reach new global high in ’22 but then flatten until mid-decade, IEA says
A modest increase in coal demand this year will be enough to reach a new global record high, but its use will plateau after that until at least 2025 as Asian demand proves key to the long term trend in the use of the carbon-intensive fuel, the International Energy Agency (IEA) said on Friday.
Read MoreBlue carbon startup secures credit certification for kelp forest restoration venture
A startup company has gained certification to use blue carbon credits for a venture in Japan that restores kelp forests and develops sea urchin aquaculture, it announced on Thursday.
Read MoreKorea can play a key role to boost green shipping -report
South Korea should use its influence as a global maritime leader to accelerate decarbonisation of the sector with a raft of policy measures that include expanding the scope of its own emissions trading scheme to include shipping, a joint report from two green policy think-tanks released on Wednesday said.
Read MoreAustralian govt seeks stakeholder views of GO scheme proposals for hydrogen
The Australian government is seeking views from stakeholders on two policy papers that is has drafted for a proposed Guarantee of Origin (GO) scheme for hydrogen and renewable electricity certification, it has announced.
Read MoreIndia’s parliament approves bill to establish framework for carbon trading, mandate green energy use
India’s upper house has voted in favour of a bill that will facilitate a framework for developing a carbon market in the country following passage in the lower house earlier this year, paving the way for it to become a tool to help the country meet its energy transition goals.
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