Verra opens registrations for pilot projects under its Nature Framework

Published 12:42 on May 14, 2025 / Last updated at 12:42 on May 14, 2025 / / Americas, Asia Pacific, Biodiversity, EMEA

Crediting standard Verra has announced that pilot projects are now officially allowed to seek registration under its Nature Framework.

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Banks’ finance of LNG carrier newbuilds undercuts their own climate goals -report

Published 10:18 on May 14, 2025 / Last updated at 10:18 on May 14, 2025 / / Asia Pacific, South Korea

Financing new-build LNG carriers that will have a 30-year lifespan and increase the consumption of natural gas is incompatible with banks’ net zero goals, a South Korean group said Wednesday.

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Australian company touts tech that could cut hydrogen opex costs by 10%

Published 09:19 on May 14, 2025 / Last updated at 09:19 on May 14, 2025 / / Asia Pacific, Australia

An Australian-based green hydrogen hopeful has announced results from its latest testing could lower initial spending costs by 10% and improve energy efficiency similarly.

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Voluntary disclosure group restructure aims to streamline reporting, boost access to data

Published 09:00 on May 14, 2025 / Last updated at 13:19 on May 13, 2025 / / Africa, Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

The independent environment disclosure group CDP is carrying out a strategic restructuring in a way that streamlines the way companies report on their footprints, and makes the organisation’s data more accessible, it announced on Wednesday.

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High-quality cookstove projects don’t command viable price premiums -report

Published 09:00 on May 14, 2025 / Last updated at 17:55 on May 13, 2025 / / Africa, Americas, Asia Pacific, EMEA, Other APAC, South & Central, Voluntary

Cookstove projects that adhere to realistic levels of stringency under updated methodologies are not being rewarded with prices high enough to make the projects financially worthwhile, according to a report published by a carbon market intelligence platform on Wednesday.

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Global solar geoengineering funding sees small, but upward trajectory, non-profit tracker finds

Published 08:53 on May 14, 2025 / Last updated at 08:53 on May 14, 2025 / / Americas, Asia Pacific, EMEA

Funding for the controversial practice of solar geoengineering has surged to record levels and will climb in the coming years, albeit from a concentrated number of sources, a non-profit said Wednesday.

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China sees shift in overseas energy portfolio, but coal still dominates overall stock -report

Published 08:47 on May 14, 2025 / Last updated at 08:47 on May 14, 2025 / / Asia Pacific, China

China’s overseas power plant portfolio has shifted to cleaner energy sources, but the overall stock is still heavily concentrated in fossil fuel projects, according to a recent report.

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EVs set for upward trajectory despite some headwinds, IEA says

Published 05:46 on May 14, 2025 / Last updated at 05:46 on May 14, 2025 / / Americas, Asia Pacific, EMEA, International

The International Energy Agency (IEA) sees an upward trajectory for electric vehicles across most regions save the US, where it has severely downgraded its outlook for growth to 2030 based on recent events compared to last year’s more bullish EV report.

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Indonesia’s forests become carbon negative, but growth falters

Published 05:35 on May 14, 2025 / Last updated at 05:35 on May 14, 2025 / / Asia Pacific, Other APAC, Paris Article 6

Indonesia’s forests absorbed more carbon than they emitted in 2022, turning net negative as deforestation has slowed over the years, but efforts to expand forest cover may be stalling as croplands emerge as the biggest emitter for land use.

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NZ Greens propose ETS reforms worth NZ$10 bln

Published 05:03 on May 14, 2025 / Last updated at 05:13 on May 14, 2025 / / Asia Pacific, CBAM, International, New Zealand, Paris Article 6

New Zealand’s Green Party has proposed changes it would make to the country’s ETS which could boost revenue by NZ$10 billion ($5.9 bln) by 2029.  

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