Japanese developer secures partnership for JCM afforestation project in Laos
A Japanese carbon project developer has secured a partnership to expand its presence in Laos, where it will pursue the creation of credits under the bilateral Joint Crediting Mechanism (JCM) through afforestation activities.
Read MoreForward curves for voluntary credits launched, based on market data
A procurement and intelligence platform has launched a library of forward vintage curves for credits issued on the voluntary carbon market.
Read MoreBarossa project economics remain strong as carbon costs stay below forecasts, Santos says
Australian oil and gas company Santos has remained optimistic about the financial viability of its Barossa gas project, supported by high LNG prices and lower-than-anticipated carbon costs.
Read MoreVietnam clears way for first forest carbon credit issuance with new decree
Vietnam has finalised rules governing forest carbon credit trading, paving the way for the Southeast Asian country’s first issuances later this year.
Read MoreExchange group drafts rules for listed company transition labels
A global exchange industry body has drafted principles for stock exchanges to label listed companies and IPO candidates with credible climate transition plans, it announced Tuesday.
Read MoreClimate disclosures improving, but more focus needed on physical risks, says NZ regulator
Climate-related disclosures are maturing – including on GHG emissions reporting – but more work is needed on specific physical risk disclosures, data, and better links between risks and transition planning, said New Zealand’s Financial Markets Authority (FMA) on Tuesday, following its evaluation of the country’s second year of reporting.
Read MoreNZ govt gas loans, LNG plans breach trade deals -report
New Zealand’s plans to build an LNG import terminal and its co-investment fund for new gas fields meet the definition of fossil fuel subsidies, leaving the country in breach of trade deals, said a report released a day after the government announced a loan scheme to help businesses switch away from gas.
Read MoreAI model recommendation framework could slash machine learning selection emissions by 98% -study
A new academic study has proposed a machine learning recommendation framework designed to minimise carbon emissions from AI model development by predicting the environmental impact of training runs before they occur, with the researchers claiming the approach could cut emissions from model selection by more than 98%.
Read MoreBHP doubles down on climate goals, pushes back on reports it’s abandoning net zero ambitions
Australia-based mining giant BHP has restated its climate ambitions and efforts to meet its goals, pushing back on media reports to the contrary.
Read MoreLess than 2% of global cement emissions set to be captured by 2035, report finds
Planned CO2 capture and storage (CCS) projects in the cement sector will capture less than 2% of the industry’s global emissions by 2035, despite the successful launch last year of the world’s first commercial‑scale CCS facility at a Norwegian cement plant, according to a new report.
Read More