Bottom trawling in Europe costs society nearly €11 bln annually, study finds
Bottom trawling in European waters imposes an annual cost of up to €10.8 billion on society, primarily due to CO2 emissions released from disturbed seafloor sediments, according to a pre-print study published this week.
Read MoreAgri-tech firm secures $10-mln investment to expand operations across India
An Indian agriculture technology startup has raised INR 830 million ($10 mln) from a UK investor to expand its carbon farming operations across the South Asian nation, it announced Tuesday.
Read MoreVenezuelan ag guild leader proposes carbon markets to modernise the sector
The leader of a Venezuelan agricultural association is pushing for the government and farmers alike to embrace international carbon markets, according to local media.
Read MoreLATAM Roundup: Colombian CO2 tax offsetting mechanism rebounds in 2024
The offsetting mechanism within Colombia’s carbon tax saw increased use last year over 2023, two years after a national restriction was introduced, according to new Q4 2024 statistics.
Read MoreVCM Report: Removals in focus after SBTi unveils new draft framework, fails to shift needle for demand
Durable carbon removals (CDR) dominated the headlines last week after the Science Based Target initiative (SBTi) released its long-awaited draft of version 2 of its Corporate Net-Zero Standard for public consultation.
Read MoreTransparency gaps in carbon removal, forestry raise doubts over 2050 net zero targets -report
A lack of transparency in national climate strategies, particularly around the role of engineered carbon removal (CDR) and land-use, land-use change, and forestry (LULUCF), is raising doubts over the credibility of 2050 net zero targets, according to a report released over the weekend.
Read MoreBRIEFING: Pressure of energy transition metals on nature is an unresolved red light -experts
The potentially detrimental impact on nature as a result of the drive for energy transition minerals and metals is an “unresolved red light” that governments are struggling to navigate, with a clear need for stricter regulatory frameworks, said industry experts at an event on Monday.
Read MoreClimate tech firm, local university team up to generate carbon removal credits in Nigeria
A Nigerian climate tech firm has partnered with an agriculture university to generate high-quality carbon removal credits by planting indigenous African trees on the university’s land.
Read MoreForest restoration must prioritise biodiversity outcomes, study says
Forest restoration efforts should better consider outcomes for biodiversity, with emerging market-based mechanisms offering a promising opportunity to secure additional funding, according to a recent paper.
Read MoreGhana initiative aims to mobilise $25 bln for carbon, biodiversity projects
A new public-private partnership in Ghana is set to mobilise $25 billion of climate finance to restore degraded land and waterways, while generating hundreds of millions of investment-grade carbon and biodiversity credits, the partners announced on Monday.
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