Japanese partners test novel chemical loop that produces electricity, hydrogen, and CO2
A partnership of Japanese companies has begun demonstration testing for a new technology that produces electricity, hydrogen, and CO2 simultaneously via firing of biomass and have been selected for a grant programme from research and development agency the New Energy and Industrial Technology Development Organisation (NEDO).
Read MoreCN Markets: China carbon prices continue to see recovery, liquidity improves
Prices in China’s national carbon market continued their recovery for the third consecutive week, with trading volumes almost doubling from the previous week.
Read MoreFEATURE: Japan’s AZEC under fire for prolonging fossil fuel use, undermining Southeast Asia’s climate goals
The Asia Zero Emission Community (AZEC) initiative promised decarbonisation across Asia, but experts warn its gas-heavy focus risks locking Southeast Asian nations into costly and volatile fossil fuel pathways.
Read MoreUNDP urges India to redirect $25 bln of agricultural subsidies to protect biodiversity
The Indian government should shift its INR 1,980 billion ($25 bln) of annual harmful agricultural subsidies towards practices that benefit biodiversity, a UN Development Programme (UNDP)-backed report said this week.
Read MoreSingapore warns of scam using fake government logos to promote crypto-linked carbon credit trading
Singapore’s Ministry of Sustainability and the Environment (MSE) has issued a public warning about a scam exploiting official government logos to lure individuals into signing up for a fraudulent cryptocurrency-based carbon credit trading scheme.
Read MoreIndonesian province explores carbon credit partnership with ART TREES -media
Indonesian province Riau is exploring cooperation with ART TREES on carbon credit calculations, as officials met during London Climate Action Week to discuss emissions reduction strategies, according to national news agency Antara.
Read MoreBRIEFING: S. Korean investors remain unconvinced about international carbon market
Over-crediting risk and lack of policy guidance are among the issues weighing on South Korean investors’ interest in exploring international emissions reduction projects, an event heard this week.
Read MoreChinese banks partner with tech major to mobilise private capital in nature-based solutions
Three China-based banks have signed letters of intent to support an initiative aimed at scaling up investments in nature infrastructure, conservation, and nature-based solutions in the country.
Read MoreFashion giants fall short on supply chain decarbonisation, carbon removals -report
Most major fashion brands lack credible plans to decarbonise their supply chains or neutralise residual emissions, with only H&M investing in durable carbon removals to support its net zero target, according to a report published Thursday.
Read MoreLCAW25: Transition credits, EU ETS touted as key engines to phasing out coal
Transition credits and the EU Emissions Trading System (ETS) are key levers to bring forward coal-fired power plant retirements, government officials said in London on Wednesday.
Read More