Most institutional investors target net zero, divided over role of carbon offsets -report
Nearly two-thirds of asset owners and managers have committed to net-zero targets, yet opinions remain split on the role of carbon offsets in meeting these goals, according to a report released this week.
Read MoreChinese papermaker secures contracts to grow carbon project pipeline
A Shanghai-listed forestry and paper company is gearing up for the expansion of its nature-based carbon business in China, with several new projects in the pipeline.
Read MoreGovt panel says New Zealand can lower methane reduction ambitions
Even if the world meets its global 1.5C temperature target, New Zealand can get away with reducing methane emissions at the very low end of its legislated target, and even go below that if climate action elsewhere is less successful, a controversial government panel said Wednesday.
Read MoreMajor biochar project to get grant funding in Western Australia
One of the world’s largest biochar carbon removals projects is among the five recipients to receive a total A$33.6 million ($21.7 mln) in concessional grant funding from the government of Western Australia, according to an official announcement.
Read MoreAustralian soil carbon project developer acquires tech platform
One of Australia’s largest soil carbon project developers has acquired a tech company’s risk and impact assessment tool that it will combine and launch as a new platform, it announced this week.
Read MoreCarbon project ratings agency lays off dozens of staff amid voluntary market slowdown
A carbon project ratings agency has laid off dozens of staff members amid a company restructuring campaign, Carbon Pulse has learned.
Read MoreNew Zealand unveils details on limiting exotic forestry in ETS
The New Zealand government on Wednesday published long-awaited elements of its plan to limit exotic forestry in the Emissions Trading Scheme based on Land Use Capability (LUC) class.
Read MoreIndonesia must phase out 3 GW of coal annually to meet 2040 target, analysis finds
Indonesia would need to retire 3 GW of coal-fired power plants per year and replace it with 8 GW of renewables at the same rate if it is to achieve its 2040 coal phase-out target, according to an analysis published Wednesday.
Read MoreInvestors with $6.5 trillion of assets see mixed results in seafood sustainability engagement
Some 35 investors representing $6.5 trillion in combined assets have engaged with varied results over a year-long outreach with seven seafood companies on sustainability issues such as supply-chain traceability to curb habitat destruction and overfishing.
Read MoreNew Zealand auction partially clears with 4 mln NZUs sold
The final New Zealand ETS auction for 2024 has partially cleared, with 4 million NZUs selling at NZ$64 ($37.63), in line with market expectations.
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