Japanese offset provider secures $3 mln in funding round
A Japanese offset provider that promotes regional decarbonisation initiatives has secured 480 million yen ($3.08 mln) in a recent funding round, it announced Thursday.
Read More2023 hailed as a possible turning point for clean power, as renewables surpass 30% of global generation
Solar and wind growth has propelled the world past 30% renewable electricity for the first time in 2023, marking a turning point in the shift away from fossil fuel power, according to a review of country-level data published on Wednesday.
Read MoreVCM Report: Bad headlines abound, but voluntary carbon prices little changed
Headlines in the trade press about the troubles of Rimba Raya in Indonesia were over-shadowed last week by a BBC investigative programme that exposed many criticisms of individual REDD projects to the general public, while also questioning the efficacy of voluntary efforts in general to the net zero cause, though prices saw little change.
Read MoreJapanese startup to provide J-Credit rating service
A Japanese startup has launched a rating service for projects in the country’s national offset programme in a bid to bring much-needed transparency to the domestic carbon market.
Read MoreJapan approves 32 new projects under domestic offset scheme
Japan has given the green light to the registration of 32 projects under the J-Credit scheme, which could generate nearly 1.7 million carbon credits over their lifetimes, as the country continues its efforts to boost domestic offset issuances.
Read MoreJapan, Brazil agree to jointly protect Amazon rainforest, develop sustainable fuel
Japan and Brazil have pledged to work together to fight climate change, with plans covering the protection of the Amazon rainforest and the development of sustainable fuel.
Read MoreICVCM decision on first eligible voluntary carbon methodologies delayed til June as Verra, ART get nod of approval
Verra and ART TREES have become the latest standard bodies to pass the Integrity Council for the Voluntary Carbon Market (ICVCM)’s conditions for eligibility, but the first approval of methodologies for the Core Carbon Principles (CCPs) stamp has been delayed until June as experts grapple with fresh complexities.
Read MoreJapanese startup raises $1.5 mln in seed funding for completing DAC prototype, business expansion
A Tokyo-based direct air capture (DAC) startup has raised 250 million yen ($1.5 mln) in seed funding to complete the prototype of its DAC system and business expansion, the firm announced.
Read MoreG7 confirms commitment to end coal power by 2035, amid steps to help shift away from fossil fuels
G7 ministers confirmed their commitment to phase out unabated coal power generation by 2035, in a joint statement on Tuesday setting out how they intend to support and lead the global agreement to transition away from fossil fuels and scale up clean energy.
Read MoreJapanese trio launches impact finance product to meet decarbonisation need
A major trading house in Japan has teamed up with two domestic partners to launch an impact finance loan product to meet the decarbonisation needs of Japanese companies.
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