Nature intelligence firm raises $1.2 mln to advance biodiversity risk reporting

Published 11:05 on September 18, 2024  /  Last updated at 11:05 on September 18, 2024  / /  Americas, Biodiversity, International, US

A US-based nature intelligence company announced Tuesday it has secured $1.2 million in seed funding to expand its platform aimed at supporting companies in assessing biodiversity-related risks.

Read More

Japanese companies introduce all-in-one service for J-Credit generation and purchase

Published 11:00 on September 18, 2024  /  Last updated at 11:00 on September 18, 2024  / /  Asia Pacific, Japan, Voluntary

A group of Japanese companies have teamed up to launch a joint business that can simplify the process of carbon credit generation under the domestic voluntary scheme and secure buyers in the early stages.

Read More

VC firm wrangles angel investors for $2.1 mln in funding for Indonesian blue carbon player

Published 10:56 on September 18, 2024  /  Last updated at 10:56 on September 18, 2024  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

An Indonesian nature-based carbon project developer has taken in $2.1 million in seed funding from angel investors after a successful round led by one of the nation’s only venture capital funds.

Read More

Queensland coal miner granted state funding to cut emissions

Published 09:26 on September 18, 2024  /  Last updated at 09:26 on September 18, 2024  / /  Asia Pacific, Australia

A Queensland coal company covered by the Safeguard Mechanism has been granted funding from a state government initiative to cut carbon emissions from its operations.

Read More

Analysts say China climate policy is highly insufficient

Published 09:11 on September 18, 2024  /  Last updated at 09:11 on September 18, 2024  / /  Asia Pacific, China

China is not meeting its fair share contribution to climate change mitigation, even though record rates of renewable deployment are on the verge of meeting growing energy demand, according to analysis published this week.

Read More

CP Daily: Tuesday September 17, 2024

Published 09:07 on September 18, 2024  /  Last updated at 09:07 on September 18, 2024  /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

Read More

Clean fuel credit price volatility not on the radar for Oregon, Washington regulators

Published 08:57 on September 18, 2024  /  Last updated at 08:57 on September 18, 2024  / and /  Americas, RINs & LCFS, US

Volatility in clean fuel credit prices this year is a reflection of client demand for credits and not a factor considered in ongoing rulemaking, the regulators of the US clean fuels programmes in Oregon and Washington told a conference on Tuesday.

Read More

Rio Tinto brings in local carbon business for tree planting trial for renewable diesel

Published 06:32 on September 18, 2024  /  Last updated at 06:32 on September 18, 2024  / /  Asia Pacific, Australia, Voluntary

Mining giant Rio Tinto is partnering with an Australian carbon abatement business on a renewable diesel pilot project using a particular kind of seed oil for fuel switching to help decarbonise its operations. 

Read More

Unpublished Chubb review submission slams Australia’s carbon industry, calls for CAC exit decision to be referred to NACC

Published 06:00 on September 18, 2024  /  Last updated at 06:00 on September 18, 2024  / /  Asia Pacific, Australia

A blistering unpublished submission to the Chubb review on Australia’s carbon market that was run by local media Wednesday has decried what it said was a “self-congratulatory, inward looking, anti-competitive” industry.

Read More

ARB to decide on shortlist of options to California ETS budget cuts in weeks

Published 05:37 on September 18, 2024  /  Last updated at 05:37 on September 18, 2024  / /  Americas, Canada, US

California regulator reiterated their commitment to release a 45-day package for the cap-and-trade rulemaking “in weeks” at a conference on Tuesday.

Read More