Inaugural $500-mln bond for climate action hugely oversubscribed
An inaugural bond for climate action has raised $500 million from largely EMEA-based investors in a round that was over six times oversubscribed.
Read MoreFEATURE: As US investors quit climate alliances, attention turns to shareholders
US financial institutions say they will stick with their climate commitments despite quitting international net-zero alliances — but the loss of oversight and transparency provided by the alliances puts more pressure on policymakers and shareholders to ensure that promises are fulfilled.
Read MoreIUCN releases guidance to strengthen global OECM network
The International Union for Conservation of Nature (IUCN) has released guidance to identify, monitor, and strengthen Other Effective area-based Conservation Measures (OECMs), stressing the need to ramp up private financing in order to improve their management.
Read MoreUPDATE – Liberal leadership hopeful Freeland pledges to scrap Canada’s carbon tax -media
Chrystia Freeland, Canada’s former finance minister, is expected to pledge to scrap the country’s contentious carbon tax when she announces her candidacy for federal Liberal Party leader, according to local media.
Read MoreAsset manager cross-lists ETC tracking cap-and-trade carbon allowances
A US asset management firm has launched a carbon exchange-traded commodity (ETC) on the London Stock Exchange that offers broad coverage of cap-and-trade carbon allowances.
Read MoreCARBON FORWARD MIDDLE EAST: Voluntary carbon market faces fresh risk in light of “woke” label in US
A new political landscape for climate policy in the US, set to dominate following President-elect Donald Trump’s inauguration next week, could jeopardise the revival of the voluntary carbon market (VCM) in 2025, a conference heard Thursday.
Read MoreFEATURE: More IMO member states align behind proposed GHG levy for shipping
The prospect of a global emissions levy on shipping is getting closer to reality, according to a recent briefing and document from the UN’s International Maritime Organization (IMO).
Read MoreDeveloping different types of CDR can help cut costs for net zero emissions -report
Expanding carbon removal (CDR) portfolios to include a variety of technologies and nature-based solutions can cut costs, reduce reliance on land-intensive methods, and address energy and logistical challenges, a new study has found.
Read MoreINTERVIEW: Reckless use of AI in biodiversity could lead to “undesirable” outcomes
The current lack of attention to the downsides of artificial intelligence (AI) in nature conservation and its broader implications could result in undesirable consequences, including the development of a biased biodiversity credit market, an expert told Carbon Pulse.
Read MoreIndian firm sells credits to Google in “world’s biggest biochar deal”
An Indian biochar firm has agreed to sell 100,000 carbon dioxide removals (CDR) credits to technology giant Google, in what it dubbed the “world’s largest industrial biochar offtake agreement”, in an announcement on Thursday.
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