Japanese corporate seeks partners to develop direct ocean carbon capture tech
A Japanese corporate giant is seeking more partners to pioneer direct ocean capture (DOC), after announcing it was developing a pilot plant following two years of research by an institute in Finland.
Read MoreINTERVIEW: Scientist optimistic restoration will outpace deforestation in next 30 years
Global data shows early signs that ecosystem restoration rates could exceed those of deforestation, according to the founding chair of the UN Decade on Ecosystem Restoration, who is optimistic this milestone could be reached within 30 years.
Read MoreVCM MONTHLY: Retirements and issuances rise while CORSIA prices slide
Carbon credit issuances and retirements bounced up in May year-on-year across the voluntary carbon market while benchmark CORSIA prices fell 22% to end the month around $10/tonne, their lowest level since June 2024.
Read MoreSB64: BRIEFING – Plans for COP30 presidency’s twin roadmaps spark divergent reactions
The Brazilian COP30 presidency’s deforestation roadmap, presented in an early form on Monday, has been well received by a coalition of the willing, while the endeavour to draft a fossil fuel transition plan has sparked some backlash, Carbon Pulse heard in Bonn.
Read MoreMajor insurers back LNG expansion in marine biodiversity hotspot
Most of the world’s biggest insurers have refused to rule out support for the expansion of liquefied natural gas (LNG) infrastructure in the Coral Triangle, despite evidence of the threat it poses to marine biodiversity, according to a new report.
Read MoreUN Third World Ocean Assessment sees deepening ocean crisis
A UN-led report released on Monday provided an updated assessment of the state of the world’s oceans and the factors driving changes across marine ecosystems.
Read MoreBiodiversity loss could trigger sovereign downgrades, add $162 bln to debt costs -study
Biodiversity loss could trigger sovereign downgrades worldwide, leading to a total increase in annual debt interest payments of $162 billion, according to a new paper.
Read MorePlan Vivo releases principles on stacking biodiversity, carbon credits
UK-based standard setter Plan Vivo has released a set of principles on the ‘stacking’ of biodiversity and carbon credits, where separate unit types are issued from the same area.
Read MoreMultilateral forest facility’s investment arm finds host in Luxembourg
The investment arm of the Brazilian COP30 presidency’s flagship Tropical Forest Forever Facility (TFFF) will be hosted in Luxembourg, the TFFF’s newest contributor, it was revealed Friday.
Read MoreEU needs to find “middle ground” for CORSIA credit eligibility, says rating agency
EU-approved CORSIA Phase 1 supply, based on provisional eligibility criteria, could reach as many as 160 million credits across the three-year period, according to a rating agency, but the company urged that Brussels takes a more moderate stance as this total is unlikely to be anywhere near as high in reality.
Read More