Three APAC airlines make SAF deals in efforts to reach 2030 targets

Published 11:07 on March 31, 2023  /  Last updated at 11:07 on March 31, 2023  / /  Asia Pacific, Australia, Aviation/CORSIA, Japan

Three Asia-Pacific based airlines have announced Sustainable Aviation Fuels (SAF) deals, reflecting growing commitment among airlines in the region to use the fuel to help meet their long-term net zero targets.

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Energy transition to leave exporters of ‘simple’ fossil fuel products most at risk, study says

Published 09:00 on March 31, 2023  /  Last updated at 08:03 on March 30, 2023  / /  Africa, EMEA, International, Middle East

Fossil fuel producers that rely heavily on exports of oil, gas, and coal are more at risk of being left behind from a low-carbon transition than exporters of more sophisticated carbon-intensive products who will be able to diversify their economies more effectively in a greener global economic environment due to their better access to technology and investment streams, a study has found.

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Carbon project developer teams up with tequila firm for agave carbon credit methodology

Published 06:43 on March 31, 2023  /  Last updated at 06:43 on March 31, 2023  / /  Americas, South & Central, US, Voluntary

A carbon offset developer has teamed up with the world’s leading tequila brand to create a carbon credit certification methodology for agave plants used in tequila production, it has been announced.

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Vancouver-based developer launches new carbon trading platform

Published 04:21 on March 31, 2023  /  Last updated at 04:21 on March 31, 2023  / /  Americas, Voluntary

A Canadian project developer has announced the beta launch on Thursday of its carbon credit trading platform, a move to offer a more resilient and flexible infrastructure for market participants to list, buy, sell, and verify voluntary carbon offsets.

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ACX teams up with blockchain tech firm in carbon futures exchange launch

Published 08:24 on March 30, 2023  /  Last updated at 08:24 on March 30, 2023  / /  Asia Pacific, Other APAC, Voluntary

ACX Group has formed a partnership with a blockchain technology provider to trade forward-financed carbon credits, the Singapore-based carbon exchange announced on Thursday.

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Dubai’s Blue Carbon signs Article 6 carbon deal with Liberia

Published 07:56 on March 29, 2023  /  Last updated at 07:56 on March 29, 2023  / /  Africa, EMEA, International, Middle East, Nature-based, Paris Article 6

Newly founded UAE-based carbon project developer Blue Carbon has signed a Memorandum of Understanding (MoU) with Liberia to implement carbon removal projects in the forestry sector under Article 6 guidelines, the Liberian government has announced.

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Indian govt releases draft guidelines for operation of carbon market, seeks stakeholder feedback

Published 11:39 on March 28, 2023  /  Last updated at 11:39 on March 28, 2023  / /  Asia Pacific, Other APAC, Voluntary

India’s power ministry has released a draft set of guidelines for administering the country’s forthcoming Carbon Credit Trading Scheme (CCTS) and has sought comments from stakeholders on its proposal by the middle of April.

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Policy ambiguities will thwart Indonesia’s power sector transition, report says

Published 07:55 on March 28, 2023  /  Last updated at 07:55 on March 28, 2023  / /  Asia Pacific, Other APAC

Ambiguities in Indonesia’s stated energy policies will allow for the continued growth of the country’s coal-fired power capacity, even though there is currently an oversupply of thermal power generation and despite the recent financial deals with international partners which aim to accelerate the transition towards renewables, a report released on Tuesday has warned.

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Around 80% of key biodiversity sites have human infrastructure with share set to rise, study finds

Published 09:32 on March 27, 2023  /  Last updated at 06:02 on March 30, 2023  / /  Biodiversity

The vast majority of the world’s key biodiversity sites already contain human-made infrastructure, with the share of these areas likely to be impacted by further development only expected to increase, a global assessment by scientific researchers has found.

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Biodiversity becoming more crucial to investor policies, survey finds

Published 07:56 on March 24, 2023  /  Last updated at 07:56 on March 24, 2023  / /  Biodiversity

Biodiversity is becoming an issue of increasing importance to investors, a global survey released this week has found, with nearly half stating that addressing the issue was either at the centre of, or a significant factor in, their respective investment policies.

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