Mozambique mangrove project secures Verra validation under blue carbon methodology
A Mozambique mangrove restoration project covering 155,000 hectares across 750 km of coastline has been validated under Verra’s VM0033 blue carbon methodology, becoming the largest such project in Africa to meet the standard, its developer said Monday.
Read MoreCOMMENT: If a Month of Football Is Worth a Tax Break, the Climate Is Worth More
If governments are willing to suspend tax rules to host a football tournament, they should consider doing the same for verified carbon and recycling credits to unlock the private capital needed for climate action.
Read MoreInvestment in low-emission hydrogen at risk, warns IEA
Huge volumes of low-emission hydrogen projects are under threat of being mothballed without policy backing, warns the International Energy Agency (IEA).
Read MoreJapanese coal plants may face 10 mln CO2 permit shortfall by 2030
Japan’s coal-fired power plants may see their annual demand for emission allowances exceed 10 million units by 2030, if they maintain current output levels, according to modelling by the consulting arm of a major financial group.
Read MoreShort seller attack puts Singapore exchange under scrutiny
A public battle between a Singapore-based exchange that also trades in carbon credits and an activist short seller has escalated into a dispute over market integrity and governance, drawing scrutiny to Asia’s leading commodity and carbon trading hubs.
Read MoreAsia appeal surges as Australian investors hit domestic wall -report
Australian investor interest in funding climate solutions in Asia has jumped in the past year against a backdrop of domestic headwinds, according to a report.
Read MoreAustralia’s National party introduces bill to limit ACCU methods over Koala Park additionality concerns
Australia’s National party on Monday introduced an amendment into Parliament attempting to limit what has been described as non-additional carbon credit methodologies from being approved.
Read MoreIndonesia’s growing truck fleet could lock in diesel demand for decades, report warns
Indonesia could slash freight emissions, cut its dependence on imported diesel, and save money in fuel subsidies by electrifying its truck fleet, but high upfront costs and limited charging infrastructure risk locking Southeast Asia’s largest economy into decades of diesel use, according to a new report.
Read MoreSouth Korea’s new refrigerant lifecycle management policy aims to cut HFC emissions
South Korea is seeking to strengthen management across the entire lifecycle of refrigerants, in the hope of reducing hydrofluorocarbon (HFC) emissions and achieving its Nationally Determined Contributions (NDC).
Read MoreAU Market: ACCU price hits year-to-date high, Shell’s SMC issuance faces further scrutiny
Spot prices in Australia’s carbon market reached year-to-date highs on Friday, as Shell’s Prelude FLNG facility faces fresh questions over how it is allocated Safeguard Mechanism Credits (SMCs).Â
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