Norway releases nature action plan, sets targets far short of GBF
Norway on Friday released its nature action plan ahead of next month’s COP16, but drew ire from environmentalists as it stopped far short of making national commitments aligned with the Global Biodiversity Framework (GBF).
Read MoreTaiwan plans emissions trading scheme, eyes initial pilot phase -minister
Taiwan is planning to launch domestic emissions trading in four years’ time, starting initially with a pilot phase, Environment Minister Peng Chi-ming told local media on Thursday.
Read MoreTrio announces collaboration to build Rwandan Article 6 project pipeline
Gold Standard and Singapore-based GenZero on Thursday announced they have teamed up with Rwandan government agencies to create the foundation for a pipeline of projects in the African country eligible to earn carbon credits under Article 6 of the Paris Agreement.
Read MoreChina to add major industries to ETS this year, minister says
China will add several major industrial sectors to its national emissions trading scheme (ETS) by the end of this year, its environment minister told a conference in Beijing on Saturday according to state media.
Read MoreSecurities firm leads call for China OECMs
A Shanghai- and Hong Kong-listed securities firm has issued a call for expressions of interest in Mainland China projects seeking status as Other Effective land-based Conservation Measures (OECMs) as part of the country’s efforts to meet its commitments under the Global Biodiversity Framework (GBF).
Read MoreJapanese companies to set up SAF Scope 3 carbon credit scheme
Seven Japanese companies on Friday announced plans to trial a market for Scope 3 carbon credits generated from the use of sustainable aviation fuel (SAF).
Read MoreNew Zealand proposes bringing carbon capture into ETS
The New Zealand government on Tuesday released a draft framework for carbon capture, utilisation, and storage (CCUS), proposing to bring resulting CO2 reductions or removals into the nation’s emissions trading scheme.
Read MoreDenmark rolls out major initiatives to cut agricultural carbon emissions, restore nature
The Danish government and leading industry, agriculture, and environmental groups have agreed a major strategy to cut carbon from agriculture and restore nature that includes a tax on livestock emissions, conversion of farmlands to forest, and biochar subsidies.
Read MoreAustralian ministers agree 2030 biodiversity targets, include OECMs in Nature Repair Market
Australian federal and state environment ministers on Friday agreed on an ambition to protect and conserve 30% of land and sea by 2030 and a number of other ambitions that the country will take to the biodiversity COP in Colombia later this year, while also agreeing to include Other Effective land-based Conservation Measures (OECMs) in the Nature Repair Market.
Read MoreChinese province launches forestry-based carbon offset programme
The government of a Chinese province has launched a carbon crediting programme for forestry-related projects, urging local emitters to use it to meet their voluntary emissions targets and as part of the province’s contributions towards realising the country’s overall climate ambitions.
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