Asia Pacific shipping sector faces 100 Mt/year CCS challenge, report finds
Ships may have to transport some 100 million tonnes of CO2 annually between jurisdictions by mid-century, which will require huge advance efforts in terms of funding and other preparations, according to a report released Wednesday.
Read MoreGrowth in SAF production ‘disappointingly slow’ -IATA
The production of sustainable aviation fuel (SAF) is growing in volume, but at a very slow rate, industry association International Air Transport Organisation (IATA) said this week.
Read MoreMalaysian carbon exchange expands offerings to include Gold Standard-certified credits
The Bursa Carbon Exchange (BCX), subsidiary of Bursa Malaysia, has initiated trading of Gold Standard-certified voluntary carbon credits, it announced Wednesday.
Read MoreINTERVIEW: Climate plan will force New Zealand to rely more on overseas carbon credits
The New Zealand government’s second Emissions Reduction Plan (ERP) means it will have to rely more on overseas carbon credits to meet its 2030 Nationally Determined Contribution (NDC), according to Labour Party MP and spokesperson on climate change Megan Woods.
Read MoreMajor sporting event organiser signs third carbon removals deal
A major sporting events organiser has inked a third deal to buy carbon removal credits as part of its mission to achieve net-zero emissions by 2030.
Read MoreVCM MONTHLY DATA: Lift in November carbon credit retirements puts market on track to match last year
Retirements in the voluntary carbon market (VCM) lifted slightly month-on-month in November, with signs that corporates are looking to retire more credits at the end of the year as they aim to meet decarbonisation targets, putting this year on track to match the 2023 annual total.
Read MoreUPDATE- New Zealand resists major changes in latest emissions reduction plan
New Zealand on Wednesday released its final emissions reduction plan for 2026-30, sticking to the same target budget as in the July draft despite coming under criticism for it.
Read MoreTech CEOs turn sustainability into strategic edge, as AI boom fuels energy concerns -analysis
Sustainability initiatives among technology firms have evolved from regulatory obligations into strategic priorities, as CEOs look to align green innovation with profitability and market competitiveness, according to a new analysis.
Read MoreNew report backs REDD+ carbon crediting as robust, in face of ongoing criticism
A white paper, published Tuesday by a voluntary carbon marketing firm and a nature-tech company, has argued that carbon crediting in REDD+ projects has been systematically robust across the sector’s history, despite criticism that its methodologies continue to over-credit activities.
Read MoreHeavy reliance on coal for steelmaking may endanger India’s climate goals -report
India’s continued reliance on coal to increase the country’s steel-making capacity will put its target of reaching net zero emissions by 2070 at risk, a report released Tuesday found.
Read More
