IETA sets out way forward to scale biodiversity credit markets
The International Emissions Trading Association (IETA) has released analysis on the nascent biodiversity credit market, identifying integrity and the role played by governments to be among key elements driving demand.
Read MoreBloomberg acquires data and analytics from climate tech company
Bloomberg has taken ownership of carbon market data and analytics from an AI-powered climate tech company.
Read MoreAppeals court rejects power producer’s Washington cap-and-trade challenge
An appeals court on Tuesday ruled against a power producer’s challenge to free allowance provisions under Washington’s cap-and-trade programme, rejecting the petitioner’s argument that no-cost allowance provisions under the scheme were discriminatory.
Read MoreUS funding package includes $1 bln for forest restoration, conservation
The roughly $100 billion continuing resolution passed by Congress and signed into law last week includes over $1 bln in emergency forest conservation and restoration funding for private forest owners impacted by natural disasters.
Read MoreUS companies announce agreement on underground carbon storage in Alabama
Two US companies announced on Monday an underground pore space easement agreement for approximately 140,000 acres (56,700 hectares) in Alabama to support carbon storage initiatives.
Read MoreResearchers propose framework for social considerations in urban NBS project selection, siting
Academics from universities across the globe outlined in a paper published earlier this month a methodological framework they said can guide the optimal selection and siting of nature-based solutions (NBS) projects in urban contexts by incorporating social and other considerations.
Read MoreStricter GHG pricing policies are redefining global trade patterns -WTO report
Stricter greenhouse gas pricing policies, including higher carbon taxes and reduced fossil fuel subsidies, are reshaping global trade by shifting competitive advantages among industries, according to a working paper published by the World Trade Organization.
Read MoreMicrosoft to deploy AI-powered biodiversity monitoring tool next year
Microsoft has announced an AI-powered device aimed at improving biodiversity monitoring, with plans to make it available worldwide in 2025.
Read MoreNearly 100 countries submit DNAs to UN as Article 6 implementation gathers pace
Nearly 100 countries have now submitted their Designated National Authority (DNA) under Article 6.4 to the UNFCCC, indicating growing interest in carbon market participation following the breakthrough on international carbon markets at COP29 in Baku.
Read MoreKEY TAKEAWAYS: Bezos Earth Fund’s global roadmap to scale CDR technologies by 2050
The Bezos Earth Fund late last week released a report outlining how to scale CO2 removal technologies by 2050. Here’s a summary of the key takeaways from the 109-page paper.
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