CLARIFICATION: Respira unites with investment firm to launch funds for nature-based projects
Climate financier Respira has joined forces with an impact investment firm to launch two funds for financing nature-based carbon offset projects and accelerating climate action, they announced Tuesday.
Read MoreSwedish platform sees first commercial biodiversity credit transaction
A Swedish exchange offering trade in biodiversity credits on Tuesday announced its first transaction, with a sales and marketing firm picking up units from the protection of an 11-hectare forest area for five years.
Read MoreChina’s transformation plan may discourage new coal, report says
China’s transformation strategy for coal-fired power plants could help drive a phase-out of the fossil fuel, given that co-firing and carbon storage approaches remain costly, a report has argued.
Read MoreAustralian Cassowary Credit methodology, standard put out for consultation
The market regulator overseeing Australia’s reef credit scheme has published a draft Cassowary Credit standard and Rainforest Replanting methodology for a 30-day consultation, it announced Tuesday.
Read MoreMost private equity firms receive near-failing grades on climate action in 2024 scorecard
A scorecard ranking private equity firms on their climate impact paints a grim picture, with most major players receiving near-failing grades.
Read MoreCWNYC24: RGGI’s proposed updates could split regional power market -experts
The proposed updates from RGGI states could divide the regional power market into trading zones each with a different emissions cap and separate allowance types, a panel of experts discussed at Climate Week NYC last week.
Read MoreNZ government lays out its climate, ETS agenda for the rest of the year
The New Zealand government has announced the next steps it intends to take on emissions trading, forestry, and agriculture-related measures, in its latest quarterly action plan published Monday.
Read MoreEU carbon prices to face more bearish “headwinds” before turnaround by 2026 -analysts
European carbon prices will continue to face bearish “headwinds” that will extend into next year, but will start to see a turnaround by 2026, analysts said Monday.
Read MoreRGGI Market: Third Program Review proposals hold more questions than answers
RGGI Allowances (RGAs) in the secondary market continued to slide through the week after the release last Monday of the long-awaited Third Program Review proposed changes, with traders expecting further pressure on prices.
Read More
