Dubai business group partners with Indian firm to drive global industrial decarbonisation
A clean technology business group based in the UAE has partnered with an Indian renewable energy company to integrate carbon markets, power transmission, and sustainable energy solutions into the clean economy in Africa and across global markets.
Read MoreAustralia, Singapore allot $13 mln for eight low-emissions maritime projects
Australia and Singapore announced Wednesday a A$20-million ($12.6 mln) initiative to reduce maritime sector emissions by selecting eight projects for funding to boost green shipping technologies.
Read MoreMOL secures ocean carbon removal credits from US startup
Japanese shipping giant Mitsui OSK Lines (MOL) has secured carbon removal credits from a California-based startup developing direct ocean capture (DOC) technology, a move to support its 2050 net zero target and diversify its project portfolio.
Read MoreNZ Market: NZU price whipsaws amid thin liquidity
The spot price for New Zealand carbon allowances recovered Wednesday after a major sell-off earlier in the week had sent the price to a 6-month low.
Read MoreAustralian environmental groups slam legislation carve-out for Tasmanian salmon industry
Australia’s Labor government has faced sharp criticism for a new bill introduced to parliament to protect Tasmania’s salmon farming industry at what environmental groups say will lead to the extinction of a rare and endangered ray, and the ability to challenge prior approvals.
Read MoreProposed bill to ban climate tort claims in NZ slammed
A draft bill to prohibit civil claims arising from or related to climate change issues in New Zealand has been criticised by climate groups.
Read MoreNew Forests partners with Japanese papermaker to build new forestry fund
Global forestry investment manager New Forests has partnered with one of Japan’s largest paper and pulp producers to establish a fund dedicated to forest investments.
Read MoreNACW25: Advance scientific research for carbon market integrity, experts say
A multidisciplinary research group is working on five academic priorities to improve carbon markets, addressing study gaps related to durability, baselines, and leakage, a conference heard on Tuesday.
Read MoreNACW25: CORSIA becoming benchmark for cookstove credits
In the search for quality among beleaguered cookstove credits, pricing disparity placed CORSIA-eligible units as a benchmark, a trading exchange representative told attendees at a conference on Tuesday.
Read MoreNACW25: Voluntary carbon credits yield 40% price premium for every rating grade step-up
Voluntary carbon market (VCM) credits on average are yielding a 40% price premium for each step up in their rankings, a ratings agency expert told conference attendees on Tuesday.
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