Natural forest expansion sequesters more carbon than secondary forests in tropics -study
Natural forest expansion across the moist tropics has sequestered more above-ground carbon than secondary forests, but the sink remains far smaller than emissions from tropical forest loss, according to a new study.
Read MoreEU needs to find “middle ground” for CORSIA credit eligibility, says rating agency
EU-approved CORSIA Phase 1 supply, based on provisional eligibility criteria, could reach as many as 160 million credits across the three-year period, according to a rating agency, but the company urged that Brussels takes a more moderate stance as this total is unlikely to be anywhere near as high in reality.
Read MoreWorld Cup given red card for carbon emissions
This summer’s World Cup will emit more than twice as much CO2 as the carbon footprint of the last football bonanza in Qatar in 2022, finds research published on Thursday.
Read MoreJapan-led JCM faces hurdles, but NbS may offer a path forward, paper says
The effectiveness of the Joint Crediting Mechanism (JCM) remains constrained by institutional complexity and insufficient partner engagement, but Tokyo’s move to scale up nature-based projects may address the issue of limited credit issuance, a new paper argued.
Read MoreIrrigation equipment maker launches biochar reactor in India, among world’s largest
An Indian micro‑irrigation systems provider has commissioned an industrial‑scale biochar facility in the western Indian state of Maharashtra, which it described as its largest to date.
Read MoreAU Market: ACCU prices rise 6% year-on-year in May as compliance activity solidifies
Australian carbon prices steadily climbed to higher levels last month, thanks to consistent compliance activity that suggests a maturing market, according to intelligence companies.
Read MoreCredible carbon price signals in India CCTS hinge on stronger reforms, report says
India’s forthcoming Carbon Credit Trading Scheme (CCTS) will need tighter benchmarks, eventual power sector inclusion, and stronger coordination with companion policies to deliver credible carbon price signals, a report said on Thursday.
Read MorePapua New Guinea unveils enhanced NDC, secures €2.1 mln in EU climate funding
Papua New Guinea has set a pathway to reach net zero emissions by 2030 and become net-negative by 2035 under a near-final update to its national climate pledge, while simultaneously securing new EU funding to strengthen climate finance, forest monitoring, and biodiversity governance.
Read MoreBRIEFING: NZ govt proposal to limit climate torts another breach of trade agreements, say experts
The New Zealand government’s legislative efforts to restrict climate-related tort claims is a breach of trade agreements with the UK and EU, experts told Carbon Pulse.Â
Read MoreCorporate net zero targets need clearer split between controllable cuts and external barriers -report
Companies should split net zero targets between emissions cuts they can deliver themselves and reductions that depend on wider system change, as part of a more honest approach to corporate climate commitments, according to a report published Thursday.
Read More