SAF production from microbial oil offers higher land-use efficiency, limited by high production costs -study

Published 00:04 on December 7, 2024  /  Last updated at 00:04 on December 7, 2024  / /  Americas, Aviation/CORSIA, RINs & LCFS, South & Central

Oil derived from sugarcane is a promising alternative feedstock in the production of sustainable aviation fuel (SAF) given its land-use efficiency, but the process faces high production costs, researchers published in a recent study.

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EU-Mercosur deal pushed forward as “necessity” despite environment concerns

Published 16:19 on December 6, 2024  /  Last updated at 16:19 on December 6, 2024  / and /  Americas, EMEA, South & Central

The European Union and the Mercosur group of South American countries concluded a long-awaited trade deal on Friday, calling it a “political necessity” and “historic milestone” despite environmental concerns and opposition from seven EU countries, including France.

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Carbon removal buyers club signs offtake agreement with South American biochar developer

Published 00:01 on December 5, 2024  /  Last updated at 16:28 on December 3, 2024  / /  Americas, Asia Pacific, EMEA, Japan, South & Central, Voluntary

A carbon removal buyers club on Thursday announced a multi-year CDR purchase agreement with a South American biochar producer.

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Clear demand signal needed to scale CORSIA carbon credit supply, says Guyana

Published 17:29 on December 4, 2024  /  Last updated at 17:29 on December 4, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, South & Central, Voluntary

Airlines need to show a clearer demand signal if countries are to supply sufficient levels of CORSIA-eligible credits to meet the demands of Phase 1 (2024-26), a representative from Guyana told a carbon industry conference.

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Ecuador, Barbados work on debt swap deals to drive nature, climate resilience investments

Published 16:47 on December 4, 2024  /  Last updated at 16:47 on December 4, 2024  / /  Americas, Biodiversity, South & Central

Ecuador is reportedly preparing to enter into its second deal to swap debt for conservation funding in the Amazon rainforest, according to a stock exchange filing released this week, while Barbados has announced a first of its kind debt-for-climate-resilience arrangement.

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Asset manager invests $350 mln in Latin American regenerative agriculture

Published 12:19 on December 4, 2024  /  Last updated at 12:19 on December 4, 2024  / /  Americas, Biodiversity, Nature-based, South & Central, Voluntary

Chile-based investor Toesca Asset Management will invest $350 million in regenerative agriculture practices in Latin America, via a partnership with a UK-headquartered financier, to help reduce the impacts of agriculture on biodiversity loss and carbon emissions.

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European country donates up to $21 mln to Brazil’s Amazon Fund

Published 23:34 on December 2, 2024  /  Last updated at 23:34 on December 2, 2024  / /  Americas, EMEA, Nature-based, South & Central, Voluntary

Brazil’s national development bank announced Friday that a European nation has donated up to $21.1 million to the Amazon Fund, aiming to help combat deforestation and promote sustainable development.

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IFC launches $450-mln green bond to fund biodiversity

Published 16:29 on December 2, 2024  /  Last updated at 02:23 on December 3, 2024  /  Americas, Asia Pacific, Australia, Biodiversity, South & Central

The International Finance Corporation (IFC) has issued a A$700-million ($451 mln) so-called green kangaroo bond in Australia to help close the biodiversity funding gap in emerging markets, it announced Monday.

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Peru publishes decree aligning national climate strategy with net zero, promotes forest land titling, REDD+

Published 15:11 on November 28, 2024  /  Last updated at 15:11 on November 28, 2024  / /  Americas, Nature-based, South & Central, Voluntary

The president’s office in Peru has issued a supreme decree that seeks to enshrine into law a new national climate strategy, aligning it with 2050 net zero plans and carving out a major role for REDD+ avoided deforestation and carbon finance.

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Swiss insurer backs two carbon removal startups in net zero effort

Published 08:52 on November 28, 2024  /  Last updated at 08:52 on November 28, 2024  / /  Americas, EMEA, South & Central, Voluntary

A Swiss insurance company will support an enhanced rock weathering startup and a concrete-based carbon storage project as part of its revised emissions reduction strategy.

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