VCM Report: Verra carbon credit retirements breach 7 mln as market shows signs of life
Retirements in the Verra voluntary carbon registry surged to just over 7 million last week, as the market started to show some life after having failed to ignite after the COP climate talks last month.
Read MoreIFC launches $450-mln green bond to fund biodiversity
The International Finance Corporation (IFC) has issued a A$700-million ($451 mln) so-called green kangaroo bond in Australia to help close the biodiversity funding gap in emerging markets, it announced Monday.
Read MoreInsurers must contribute to nature-positive future, UNEP FI says
A “first-of-its-kind” guide to try to galvanise action from insurers to engage with a nature-positive future, enabling investments in ecosystems and innovative biodiversity-linked products, was published Monday by the UN Environment Programme Finance Initiative (UNEP FI).
Read MoreIndonesia’s 2040 coal phase-out target difficult, could hit ratings -agency
Indonesia’s recently announced 2040 target coal phase-out date may be unrealistic and could affect power and resource sector companies’ credit ratings if the government adjusts its policy approach to meet the goal, a leading rating agency warned over the weekend.
Read MoreINTERVIEW: Article 6 decision marks ‘fundamental’ shift in landscape for project developers
The breakthrough on Article 6, achieved in Baku last month, will have a huge impact on the ground in terms of project development, according to executives at a global association for the sector.
Read MoreOrganic matter decomposition study finds best type of wetland for carbon storage
Wetlands across the world are releasing more carbon and sequestering less when temperatures increase, a study using an unusual proxy tool has found.
Read MoreAustralia Market Roundup: Local survey sees ongoing optimism and concerns around carbon farming
A community survey in southwest Queensland has provided divergent results on the views of carbon farming, with concerns expressed not entirely aligned with the findings suggested.
Read MoreTaiwan pledges $300 mln funds to support green investments
Taiwan has approved the establishment of a special fund worth NT$10 billion ($308 million), as the government aims to encourage more domestic green investments.
Read MorePREVIEW: NZ ETS watchers expect partial clearance at final auction for 2024
New Zealand carbon market participants are expecting to see a partial clearance at this week’s government-held auction in anticipation of much smaller volumes being issued in future years.
Read MoreCoal mine expansions jeopardise NSW climate targets, Net Zero Commission warns
The expansion and extension of coal mines in Australia’s most populous state is undermining its ability to achieving its ambitious emissions reduction targets, according to the newly-established Net Zero Commission (NZC).
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