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BNP Paribas launches green bonds linked to new Australian Climate Transition Index

Published 08:50 on August 3, 2020  /  Last updated at 00:58 on August 4, 2020  /  Asia Pacific, Australia  /  No Comments

Three major Australian institutional investors have subscribed A$140 million ($100 mln) to a series of green bonds linked to a new climate transition index launched by French-headquartered bank BNP Paribas.

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Shell to buy Australian carbon project developer

Published 05:30 on August 3, 2020  /  Last updated at 01:02 on August 4, 2020  /  Asia Pacific, Australia, Bavardage, International, Voluntary Market  /  No Comments

Shell will buy an Australian carbon offset project developer as part of its global drive to cut GHG emissions through nature-based solutions, its first acquisition under the programme, the oil major announced Monday.

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SK Market: KAUs slink to 3.5-year lows on 2019 compliance deadline day

Published 10:09 on July 31, 2020  /  Last updated at 10:09 on July 31, 2020  /  Asia Pacific, South Korea  /  No Comments

Friday marked the deadline for South Korean companies to comply with their 2019 targets under the nation’s emissions trading scheme, but minimal demand in the over-supplied market led to prices falling to levels not seen since Dec. 2016.

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Esso, BHP Billiton the main beneficiaries as Australia inflates CO2 caps

Published 09:37 on July 31, 2020  /  Last updated at 09:38 on July 31, 2020  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator has issued a new batch of emission baselines under the Safeguard Mechanism, increasing the amount of CO2 discharges allowed from several large industrial facilities.

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New US-listed carbon ETF launched amid growing investor interest

Published 19:23 on July 30, 2020  /  Last updated at 01:38 on July 31, 2020  /  Africa, Americas, Asia Pacific, Bavardage, Canada, China, China's National ETS, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, New Zealand, Other APAC, South Korea, Switzerland, US  /  No Comments

A new US-listed exchange-traded fund (ETF) that tracks carbon prices in three markets was launched Thursday, allowing retail investors for the first time to indirectly hold cross-continental stakes in cap-and-trade schemes.

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NZ Market: NZUs leap to new record high as demand persists

Published 09:12 on July 30, 2020  /  Last updated at 20:40 on July 30, 2020  /  Asia Pacific, New Zealand  /  No Comments

NZUs have gained almost a dollar over the past two days to climb past NZ$34.00 ($22.53) for the first time, as steady demand and limited supply keep sellers eyeing higher levels.

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South Korea MPs move to ban public investments in overseas coal

Published 11:44 on July 29, 2020  /  Last updated at 18:48 on July 29, 2020  /  Asia Pacific, Other APAC, South Korea  /  No Comments

Lawmakers from South Korea’s ruling Democratic party have proposed legislation that would ban further public investment in coal-fired power plants abroad amid criticism towards state-owned KEPCO’s involvement in such facilities in Indonesia and Vietnam.

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Global commodities firm launches AI-powered solution for ‘private wire’, carbon-neutral energy

Published 23:48 on July 28, 2020  /  Last updated at 00:03 on July 29, 2020  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

A global commodities firm has launched an AI-powered business to offer industry and SMEs a low-cost path to achieving ‘private wire’ energy supply and net zero emissions.

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Brunei to make carbon pricing centrepiece of climate strategy

Published 07:58 on July 27, 2020  /  Last updated at 16:51 on July 27, 2020  /  Asia Pacific, Other APAC  /  No Comments

Brunei Darussalam will introduce a carbon pricing mechanism by 2025 as the main pillar of its strategy to cut greenhouse gas emissions around 50-60% below BAU levels by 2035.

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Major Australian emitters team up to hammer out path to carbon neutral future

Published 03:41 on July 27, 2020  /  Last updated at 16:56 on July 27, 2020  /  Asia Pacific, Australia  /  No Comments

Some of Australia’s biggest carbon emitters have joined efforts to identify pathways to making five major industrial sectors reach net zero emissions by 2050.

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