Japanese developer teams up with multiple agencies to implement rice paddy JCM projects across Vietnam

Published 07:06 on June 24, 2024  /  Last updated at 07:06 on June 24, 2024  / Nikita Pandey /  Asia Pacific, International, Japan, Nature-based, Other APAC, Voluntary

A Japanese company has signed several agreements in Vietnam to develop agriculture-based carbon projects across the country under Japan’s Joint Crediting Mechanism (JCM), the firm announced Monday.

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Australia consults on draft ’30 by 30′ terrestrial roadmap

Published 06:43 on June 24, 2024  /  Last updated at 06:43 on June 24, 2024  / Mark Tilly /  Asia Pacific, Australia, Biodiversity

The Australian government is seeking feedback on a draft roadmap to show how it will reach its goal of restoring and protect 30% Australia’s land by 2030.

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Australia Market Roundup: Former NSW energy minister to chair Climate Change Authority, regulator issues 1.3 mln ACCUs

Published 02:53 on June 24, 2024  /  Last updated at 05:04 on June 24, 2024  / Mark Tilly /  Asia Pacific, Australia

The federal Labor government has appointed the former New South Wales Liberal Energy and Environment Minister and Treasurer Matt Kean to chair the Climate Change Authority (CCA), following the resignation of Grant King.

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New climate models sharpen future warming predictions, says researcher

Published 01:31 on June 24, 2024  /  Last updated at 01:31 on June 24, 2024  /  Americas, Canada, Climate Talks, International

The uncertainties surrounding forecasting global warming have narrowed considerably in the past 10 years, offering a clearer window for planning and budgeting by companies and governments, according to a researcher with the Canadian government. 

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New study cites MRV challenges as hindering large-scale carbon removals via enhanced weathering

Published 01:12 on June 24, 2024  /  Last updated at 01:12 on June 24, 2024  /  Nature-based, Voluntary

A number of challenges are hindering the deployment of enhanced weathering (EW) at scale, including implementing accurate MRV approaches, a new study has warned.

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CP Daily: Friday June 21, 2024

Published 01:47 on June 22, 2024  /  Last updated at 01:52 on June 22, 2024  / Carbon Pulse /  Newsletters

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

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New study challenges effectiveness of tree-planting as climate change solution

Published 01:14 on June 22, 2024  /  Last updated at 01:19 on June 22, 2024  /  Americas, EMEA, International, Nature-based, US, Voluntary

A new study has cast doubts on the long-term effectiveness of large-scale tree-planting projects in sequestering CO2, with current climate models potentially overestimating the duration of retention while underestimating the impact of climate change on forests.

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New insurance brings warranties from M&A into voluntary carbon market

Published 21:12 on June 21, 2024  /  Last updated at 21:12 on June 21, 2024  / Alejandra Padin-Dujon /  Africa, EMEA, Nature-based, Voluntary

The first warranty and indemnity (W&I) insurance policy in the voluntary carbon market (VCM) has been arranged, a broker announced Friday, lifting due diligence and risk transfer procedures from the world of mergers and acquisitions (M&A) in hopes of providing buyer-side assurances of supplier-side reliability.

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BRIEFING: Switzerland concerned about Chile’s Article 6 regulation, project pending

Published 19:28 on June 21, 2024  /  Last updated at 19:28 on June 21, 2024  / Alejandra Padin-Dujon /  Americas, EMEA, International, Paris Article 6, South & Central, Switzerland

The Swiss entity managing Article 6 dealings with Chile has expressed concerns about the country’s draft authorisation procedures, confirming that a wind farm project remains under consideration, despite national media in the host country reporting a done deal.

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DOE, EPA allocate $850 mln to reduce oil and gas methane emissions

Published 18:49 on June 21, 2024  /  Last updated at 18:49 on June 21, 2024  /  Americas, US

The US Department of Energy (DOE) and the US Environmental Protection Agency (EPA) announced Friday that $850 million in federal funding was being made available for projects to reduce methane emissions from the oil and gas industry.

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