Global carbon removal “governance gap” threatens climate goals, report warns
A new discussion paper has urged governments to rapidly establish a global governance framework for carbon removal (CDR), warning that the world is dangerously unprepared to manage the scale needed to meet climate targets.
Read MorePollution data pushes Indian retail investors away from carbon-intensive stocks, study finds
Retail investors in India reduced their exposure to carbon-intensive stocks after nearby air quality monitors made local pollution data more visible, a study released last week has found.
Read MoreNew Zealand govt warned against replacing conservation funding with biodiversity credits -paper
New Zealand’s government should treat voluntary biodiversity credit markets cautiously, as private finance should not replace public conservation funding, according to a paper published on Monday.
Read MoreArticle 6 authority adopts new clean cooking fNRB tool, requests additional country-level values
The Article 6.4 Supervisory Body (SBM) has formally adopted a new tool for calculating the fraction of non-renewable biomass (fNRB), a key parameter underpinning baseline-setting in cookstove and biomass carbon activities, though has requested more granular country-level values be included following further work.
Read MoreAustralia can grow carbon removals, biodiversity, and farming in tandem, says report
Australia can generate up to 127 million tonnes of annual carbon removals from land-sector activities by 2050, according to a report published Monday which argued sequestration and biodiversity restoration can occur simultaneously with expanding agricultural production.
Read MoreTaiwan evaluates new offset methodology for building chiller efficiency projects
Taiwan has begun evaluating a new voluntary offset methodology that optimises building chiller efficiency by adjusting operations to match weather forecasts.
Read MoreIndonesia backs $20 mln South Korea-funded methane mitigation initiative
Indonesia has endorsed a $20 million regional initiative funded by South Korea to scale methane reduction efforts, with a focus on the landfill sector.
Read MoreIndonesia to draft energy sector carbon trading rules, eyes billions in investment
Indonesia is preparing new regulations for carbon trading in the energy sector, aiming to mobilise up to $7.7 billion in additional green investment annually, the energy ministry announced.
Read MoreEuropean companies bought Chinese carbon credits from projects lacking emissions-cutting equipment -media
Offsets from Chinese carbon projects used by European companies lacked the equipment they claimed would cut greenhouse gas emissions, according to an investigation.
Read MoreIndonesia, UNEP expand REDD+ cooperation, back forestry climate goals
Indonesia’s forestry ministry and the UN Environment Programme have signed an agreement to boost cooperation on reducing emissions from deforestation and forest degradation (REDD+).
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