AI could expand access to carbon markets for sustainable rice farming, says report

Published 16:36 on September 6, 2024  /  Last updated at 16:36 on September 6, 2024  / Dimana Doneva /  Asia Pacific, EMEA, International, Nature-based, Other APAC, Voluntary

Artificial intelligence (AI) holds the potential to lower barriers to accessing carbon finance for sustainable rice projects, according to a new report.

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Indian developer signs Ghana deal for Paris-aligned cookstoves carbon project

Published 11:49 on September 6, 2024  /  Last updated at 11:49 on September 6, 2024  / Nikita Pandey /  Asia Pacific, EMEA, International, Other APAC, Paris Article 6, Voluntary

An Indian developer has partnered with the government of Ghana and a Singapore-based asset management fund for the production and distribution of 1 million improved cookstoves across the African nation over the next five years, the company announced this week.

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Indonesia targets 367 GW of renewable energy by 2060, as draft second NDC deemed insufficient

Published 09:59 on September 6, 2024  /  Last updated at 10:01 on September 6, 2024  / Mark Tilly /  Asia Pacific, Other APAC

The Indonesian government has outlined plans to target 367 GW of renewable energy capacity by 2060, as analysis found its draft second Nationally Determined Contribution (NDC) to be lacking in ambition.

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Japanese carbon project developer seeks offset opportunities in Mongolia

Published 08:55 on September 6, 2024  /  Last updated at 08:55 on September 6, 2024  / Chia-Erh Kuo /  Asia Pacific, Japan, Other APAC

A Japanese carbon project developer has expressed interest in pursuing emissions reduction projects in Mongolia, as it seeks to expand its presence in Asia.

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Mozambique govt awards licence to UAE developer for massive blue carbon project

Published 15:39 on September 5, 2024  /  Last updated at 15:39 on September 5, 2024  / Nikita Pandey /  Africa, EMEA, International, Middle East, Nature-based, Other APAC, Voluntary

Mozambique’s Ministry of Land and Environment has given approval to a Dubai-based firm to restore mangroves along the degraded coastline in the Zambezia province of the African nation and generate carbon credits, the developer announced Thursday.

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World Bank arm invests $60 mln to decarbonise Indonesia’s second largest steel producer

Published 12:21 on September 5, 2024  /  Last updated at 12:21 on September 5, 2024  / Nikita Pandey /  Asia Pacific, Carbon Taxes, CBAM, International, Other APAC, Voluntary

The World Bank’s International Finance Corporation (IFC) has provided a loan of $60 million to the second largest steel producer in Indonesia in order to help the firm transition to low-carbon production and drive sector-wide decarbonisation.

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Japan provides $93 bln to support global oil and gas projects over past decade, study says

Published 11:36 on September 5, 2024  /  Last updated at 11:37 on September 5, 2024  / Chia-Erh Kuo /  Asia Pacific, International, Japan, Other APAC

Japanese public financial institutions provided a staggering $93 billion in support for overseas oil and gas projects over the last decade, four times larger than that provided for clean energy projects, a report has found.

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Malaysia targets net zero emissions from aviation by 2050

Published 09:37 on September 5, 2024  /  Last updated at 15:33 on September 5, 2024  / Nikita Pandey /  Asia Pacific, Aviation/CORSIA, International, Other APAC, Voluntary

The Malaysian government has released a decarbonisation blueprint for its aviation sector, targeting net zero emissions by 2050, it announced Thursday.

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UPDATE – Carbon data dashboard’s new strategy aims to boost coverage, support Article 6

Published 11:46 on September 4, 2024  /  Last updated at 16:36 on September 4, 2024  / Sara Stefanini /  Americas, Asia Pacific, Bavardage, EMEA, International, Other APAC, Paris Article 6, Voluntary

A blockchain-based metadata platform has set out a new strategic roadmap that aims to increase its data coverage, pilot new ways to ensure transparency and integrity, and help to operationalise Article 6 of the Paris Agreement, among other goals, it announced on Wednesday.

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ID Market: Trade drops after July spike

Published 09:01 on September 4, 2024  /  Last updated at 09:01 on September 4, 2024  / Helen Clark /  Asia Pacific, Other APAC

Trade on Indonesia’s carbon exchange dropped in August over July with only 176 tonnes of CO2e traded compared to the prior month’s 4,801.

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