Japanese pilot to add nature positivity to blue carbon credits
Two Japanese organisations have joined to set up a pilot crediting project that will measure the nature positive impacts of blue carbon activities by using environmental DNA (eDNA).
Read MoreGroup urges Queensland to fix environmental offset scheme
The Australian Land Conservation Alliance (ALCA) has urged the Queensland government to review a framework that has left over A$100 million ($69 mln) in environmental offset fees unused.
Read MoreANALYSIS: What will the biodiversity market look like in 2040?
A huge amount of effort is going into developing and scaling up the global biodiversity market, but regulators need to take on a key role if nature is to get significant investments via market mechanisms, according to experts.
Read MoreChina outlines timeline for further ETS expansion, shift to absolute cap
China will aim to expand its CO2 emissions trading scheme to all planned sectors by 2027 and carry out further reforms such as shifting to an absolute cap on emissions by 2030, according to government documents circulated Monday.
Read MoreInvestment firm signs first US offtake deal for voluntary biodiversity credits
A US-based timberland investment portfolio firm has signed what is claimed to be the country’s first ever offtake agreement for voluntary biodiversity credits, from a project in Louisiana.
Read MoreIndonesia eyes huge emissions cuts through new nature-based fund
Indonesia this week launched a new nature-based fund with an initial allocation of $83 million that is expected to trap at least 128 mln tonnes of CO2 by the end of the decade.
Read MoreGroups launch biodiversity pilot market in Cote d’Ivoire
A trio of groups on Wednesday launched a pilot biodiversity credit framework in Cote d’Ivoire with a second scheme to be announced in France later in the week, in a push to drive the development of nature markets.
Read MoreAustralian Greens vow to align Safeguard Mechanism with 1.5C target, restrict carbon credit use
The Greens, who may hold the balance of power after Australia’s May 3 election, on Thursday released its energy and climate plan, pledging to tighten the Safeguard Mechanism and restrict usage of Australian Carbon Credit Units (ACCUs) and international offsets.
Read MoreJapan ties JCM approval process to Article 6 in bid to attract investments
Japan has abolished the implementation guidelines for projects under the Joint Crediting Mechanism (JCM), instead aligning the process with the Article 6 framework in order to simplify the process and make it more attractive to developers and investors.
Read MoreAustralian developer eyes large enterprise partners in scaled-up nature pilot
An Australian biodiversity project developer is looking to work with major corporations to set up a series of nature protection projects across the country.
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