Inaugural $500-mln bond for climate action hugely oversubscribed

Published 16:31 on January 16, 2025  /  Last updated at 16:34 on January 16, 2025  / /  Africa, Americas, Asia Pacific, EMEA, International, Middle East, US

An inaugural bond for climate action has raised $500 million from largely EMEA-based investors in a round that was over six times oversubscribed.

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IUCN releases guidance to strengthen global OECM network

Published 13:12 on January 16, 2025  /  Last updated at 13:12 on January 16, 2025  / /  Americas, Asia Pacific, Biodiversity, EMEA

The International Union for Conservation of Nature (IUCN) has released guidance to identify, monitor, and strengthen Other Effective area-based Conservation Measures (OECMs), stressing the need to ramp up private financing in order to improve their management.

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CARBON FORWARD MIDDLE EAST: Voluntary carbon market faces fresh risk in light of “woke” label in US

Published 12:34 on January 16, 2025  /  Last updated at 12:34 on January 16, 2025  / /  Americas, Asia Pacific, EMEA, Middle East, Nature-based, US, Voluntary

A new political landscape for climate policy in the US, set to dominate following President-elect Donald Trump’s inauguration next week, could jeopardise the revival of the voluntary carbon market (VCM) in 2025, a conference heard Thursday.

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FEATURE: More IMO member states align behind proposed GHG levy for shipping

Published 11:57 on January 16, 2025  /  Last updated at 11:58 on January 16, 2025  / and /  Americas, Asia Pacific, EMEA, EU ETS, International, Shipping

The prospect of a global emissions levy on shipping is getting closer to reality, according to a recent briefing and document from the UN’s International Maritime Organization (IMO).

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Thai bourse to operate carbon market, SEC chief says

Published 10:42 on January 16, 2025  /  Last updated at 10:42 on January 16, 2025  / /  Asia Pacific, Other APAC, Voluntary

Thailand’s Securities and Exchange Commission (SEC) chief said this week that the nation’s bourse will introduce carbon trading in a bid to gain experience and boost liquidity.

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INTERVIEW: Reckless use of AI in biodiversity could lead to “undesirable” outcomes

Published 09:57 on January 16, 2025  /  Last updated at 09:57 on January 16, 2025  / /  Americas, Asia Pacific, Biodiversity, EMEA

The current lack of attention to the downsides of artificial intelligence (AI) in nature conservation and its broader implications could result in undesirable consequences, including the development of a biased biodiversity credit market, an expert told Carbon Pulse.

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Indian firm sells credits to Google in “world’s biggest biochar deal”

Published 09:38 on January 16, 2025  /  Last updated at 09:38 on January 16, 2025  / /  Americas, Asia Pacific, Nature-based, Other APAC, US, Voluntary

An Indian biochar firm has agreed to sell 100,000 carbon dioxide removals (CDR) credits to technology giant Google, in what it dubbed the “world’s largest industrial biochar offtake agreement”, in an announcement on Thursday.

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Nuclear resurgence locked and loaded as SMRs lead the way to a new finance era -IEA

Published 08:05 on January 16, 2025  /  Last updated at 08:36 on January 16, 2025  / /  Africa, Americas, Asia Pacific, China, EMEA, International, Japan, South Korea, US

Nuclear energy is set to see a resurgence for a complex conflagration of drivers including decarbonisation plans coupled with the need for reliable baseload power, new electricity demand from the computing sector, nations’ interest in energy self-sufficiency, and a projected fall in costs for new types of nuclear energy like small modular reactors (SMRs), according to the International Energy Agency (IEA).

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New Forests closes A$600 mln Australian, NZ landscape and forestry fund

Published 07:07 on January 16, 2025  /  Last updated at 07:07 on January 16, 2025  / /  Americas, Asia Pacific, Australia, EMEA

Global forestry investment manager New Forests has announced the final close of its fund focussing on Australian and New Zealand forestry and landscapes, successfully raising A$600 million ($372 mln).

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Australian voluntary carbon credit cancellations sink in 2024

Published 05:34 on January 16, 2025  /  Last updated at 05:34 on January 16, 2025  / /  Asia Pacific, Australia

Voluntary cancellations of Kyoto-era carbon credits in Australia’s national accounts fell by around 45% in 2024, according to recently published data from the Clean Energy Regulator (CER).

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