ANALYSIS: China’s push to curb superpollutants creates carbon credit potential
China’s policy efforts to mitigate superpollutants have advanced over the past few years, creating new potential for carbon credit development, experts told Carbon Pulse.
Read MoreFood processors largely outside carbon markets despite potential, says report
Direct exposure to carbon markets is limited for food and beverage manufacturers because most fall below emissions thresholds covered by compliance schemes, leading to investment decisions driven largely by fuel-credit programmes, tax incentives, and energy savings, according to a new report.
Read MoreFinnish consortium launches to unlock €34 bln hydrogen market opportunity
A new Finnish consortium aiming to scale up hydrogen adoption has been launched, seeking to unlock Finland’s €34 billion hydrogen market, announced a consortium member on Thursday.
Read MoreOcean CO2 removal company raises $12.5 mln in initial Series B financing
A California-based marine carbon dioxide removal (mCDR) company raised $12.5 million in the first close of its latest funding round, targeting application of its technology in other industrial markets.
Read MoreAlgeria sets 14% emissions cut goal by 2035, eyes Article 6 cooperation
Algeria pledged to reduce its greenhouse gas emissions by 14% below business-as-usual levels by 2035, according to its updated Nationally Determined Contribution (NDC), with the country signalling its intent to use the Paris Agreement’s Article 6 cooperation mechanisms.
Read MoreNZ cleantech platform seeks to help homegrown companies break out
A new cleantech platform in New Zealand is looking to bring together innovators, funders, and relevant government agencies to help the sector grow, its co-founder and CEO told Carbon Pulse.
Read MoreEU, US corporates could drive $17 bln of annual climate investment by addressing ongoing emissions, says Gold Standard
Companies across the EU and US could mobilise around $17 billion annually for climate action if they adopt the ‘advanced’ level of the Science Based Targets initiative’s ongoing emissions framework under its newly updated corporate standard, said Gold Standard on Thursday as it released a report setting out how such emissions could be dealt with.Â
Read MoreLCAW26: Tencent shortlists global climate innovators for $30 mln catalytic funding programme
Chinese multinational technology conglomerate Tencent has unveiled 16 winners for its global initiative designed to help promising climate solutions grow and scale.
Read MoreAustralia’s electricity demand set to double by 2050 as households lead energy transition, grid operator says
Australia is expected to see electricity emissions fall by around 90% by 2050, despite demand doubling and generation tripling, the country’s market operator said in a report published Thursday.
Read MoreCarbon ratings provider acquires AI-powered sustainability workflow platform to bolster due diligence tools
A carbon ratings agency has acquired an AI-powered sustainability workflow software platform and hired its founding team, as it seeks to expand its analytical and due diligence capabilities amid growing demand for data-driven risk assessment tools in carbon markets.
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