UK remote sensing firm enters Japanese carbon market with local partner
A UK-based remote sending firm has partnered with a Japanese project developer with an eye to generating carbon units under the Joint Crediting Mechanism (JCM) and voluntary schemes, starting with a large rice project in Japan.
Read MoreEnergy major begins ammonia co-firing trial at coal plant in Japan
One of the world’s first trials of a large amount of ammonia to be used in a coal-fired power plant began this week, and if successful could help pave the way to further decarbonisation.
Read MoreJapanese developer to set up biochar project in the Philippines
A Japanese project developer has teamed up with a listed real estate company in the Philippines to promote a carbon removal project featuring rice husk biochar, as it seeks to continue expanding its presence in Asia’s voluntary market.
Read MoreJapanese IT firm, financial strike nature positive partnership
A large tech company in Japan has partnered with a major financial group to drive nature positive actions aimed at conserving natural capital and biodiversity, they announced this week.
Read MoreVCM Report: CORSIA voluntary carbon futures spike looks overblown, say observers
Voluntary carbon futures eligible for Phase 1 CORSIA soared past $20 on the ICE bourse last week in the wake of a UN decision to block the approval of new supply into the international aviation emissions offsetting scheme, although S&P Global kept its related spot price assessment at $11.50.
Read MoreJapan aims at international impact in nature positive strategy
Japan has released a Nature Positive Economy Transition Strategy, taking aim at creating impact well outside its own borders and including the use of carbon and biodiversity credits.
Read MoreJapan set to tighten data reporting requirements for domestic rice carbon projects
The committee steering Japan’s J-Credit programme is considering strengthening data reporting requirements for an increasingly popular rice-focused methodology to ensure credit quality.
Read MoreJapan carbon market attracts over 700 participants as emissions coverage increases
Japan’s voluntary domestic carbon market has recently added almost 200 new participants, further expanding the share of national emissions covered, the Ministry of Economy, Trade and Industry (METI) announced on Wednesday.
Read MorePressure on for Australian govt to halt massive Woodside LNG life extension
One of Australia’s most noted retired statesmen and politicians has co-signed a letter asking the environment minister to reject Woodside Energy’s plan to extend the life of a 40-plus year old LNG export plant to 2070, a move seen to result in several billion tonnes of CO2e emissions.
Read MoreSBTi has no plans to validate voluntary carbon credit use towards corporate emissions targets
The Science Based Targets initiative (SBTi) will not bow to pressure and validate the use of voluntary carbon credits to help a company achieve its emission targets, the body confirmed to Carbon Pulse Tuesday.
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