China should include clean energy share target in 2035 NDC, report says
China should add a clean energy share target to its 2035 nationally determined contribution (NDC), given that wind and solar sources alone could contribute more than 40% of total power generation by 2030, according to a paper released this week.
Read MoreAustralian Indigenous grant programme launched to pursue carbon, environmental market opportunities
Australian Indigenous corporations are being offered grants to analyse commercial opportunities in the carbon and environmental markets, as well as in the renewables and clean energy sectors, a federal government corporation announced Friday.
Read MoreID Market: Trading stagnates in April as international transactions remain on hold
Indonesia’s carbon market screeched to a halt in April, with a slight increase in participant numbers offset by minimal trading activity and a continued absence of international transactions, according to monthly data published by IDX Carbon.
Read MoreThailand issues ‘tree title deeds’ to help farmers access carbon markets
Thailand has launched a programme to distribute “tree title deeds” to farmers, a policy aimed at promoting carbon credit generation and boosting rural incomes, the agriculture minister said this week.
Read MoreMalaysian state launches carbon credit trading guidance to attract global players
Malaysia’s Labuan Financial Services Authority (Labuan FSA) last week issued formal guidance to facilitate carbon credit trading within the state’s islands, positioning the offshore jurisdiction for voluntary and compliance markets.
Read MoreCarbon credit seller returns to profit after $20-mln loss
A Canada-headquartered offset project financier has posted a small profit in Q1 after losing nearly US$20 mln a year earlier.
Read MoreInvestors should continue to target simple carbon capture solutions -panel
Carbon project financiers should prioritise simpler CO2 capture initiatives closer to existing sequestration infrastructure as a foundation for addressing more complex challenges in the longer term, a conference heard Thursday.
Read More1.5C targets not able to limit the transgression of climate change planetary boundary -study
The planetary boundaries related to climate change, and nitrogen and phosphorus balances will continue to worsen in the long run—even in the best-case scenario—due to the inertia of current and future pollution trends, according to a new study.
Read MoreUS hydrogen looks to export market as political headwinds dampen domestic outlook
As political headwinds challenge the US hydrogen economy, new forecasting predicts that a large share of domestic hydrogen producers will be finding their demand via exports, especially to Asia, consultants said Thursday.
Read MoreUS bank backs XPrize winner to rapidly expand CDR
The $50 million dollar winner of the Musk Foundation’s XPrize Carbon Removal competition has secured institutional capital to rapidly expand its operations across India and Sub-Saharan Africa.
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