Philippines expands forest restoration project with carbon aims to 120,000 ha
The government of the Philippines and a developer agreed on Tuesday to restore 120,000 hectares of degraded rainforest under an expanded nature recovery project that is expected to generate carbon credits, Carbon Pulse has learned.
Read MoreGovernments join push to scale CORSIA credit supply ahead of 2027 demand
Five governments have joined an aviation carbon market alliance aimed at scaling the supply of eligible carbon credits for international airlines, as the sector looks to meet expected demand of up to 250 million emissions units by spring 2027.
Read MoreNature-based solutions fund raises €124 mln in first close
A new fund aiming to scale up nature-based solutions has raised €124 million in a first close, with a target of sequestering at least 7 mln tonnes of CO2 over 25 years.
Read MoreBRIEFING: Thailand carbon market coalesces around THB 50-200 price band as buyers, developers expect growth
Thailand’s voluntary carbon market is beginning to converge around a domestic price range of THB 50-200 ($1.50-6.10) per tonne of CO2 equivalent, with both buyers and project developers viewing the market positively in terms of climate action and future compliance, according to a survey.
Read MoreForest projects sequester carbon but fall short on biodiversity, ecosystem health -study
Most forest carbon projects analysed by a group of researchers failed to improve the wider ecological health of the land they cover, even when they succeeded in reducing deforestation, according to a new study.
Read MoreJapanese manufacturer, Finnish institute move direct ocean capture tech towards pilot testing
A Japanese electronics group and a Finnish research institute have advanced an electrochemical direct ocean capture (DOC) technology towards pilot-scale validation, the two announced this month.
Read MoreLCAW26: UN ramps up pressure on high methane-emitting sectors
The UN is launching a new push to tackle methane emissions, putting pressure on the sectors most responsible for the potent greenhouse gas – fossil fuels, waste, and agriculture, Secretary-General Antonio Guterres announced in London on Tuesday.
Read MoreChina releases rules for renewable consumption mandates
China has established a framework to measure the progress of emissions intensive sectors in fulfilling their mandatory minimum renewable energy consumption targets.
Read MoreSoutheast Asian climate tech companies launch the first of nine biochar facilities producing carbon removal credits
Two climate‑tech companies have launched their first franchise biochar facility in Surat Thani, Thailand, producing carbon removal credits equivalent to more than 15,000 tonnes of CO2 annually, and said the model would be replicated across nine additional sites in Southeast Asia.
Read MoreMalaysia’s first biomass carbon project heads to auction
Malaysia’s first Verra-registered biomass carbon credit project is set to be auctioned in September, as the Southeast Asian country looks to build liquidity on its Bursa Carbon Exchange (BCX).
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