Japanese consultancy to explore tokenisation of domestic carbon credits

Published 09:41 on June 24, 2024  /  Last updated at 09:41 on June 24, 2024  / Chia-Erh Kuo /  Asia Pacific, Japan

A major consultancy firm in Japan has teamed up with a blockchain solution provider to support the creation of offsets from domestic forestry projects by promoting the tokenisation of carbon credits. 

Read More

Software firm raises carbon offset buying one-third as it continues pivot to removals

Published 09:09 on June 24, 2024  /  Last updated at 09:09 on June 24, 2024  / Roy Manuell /  Americas, Nature-based, US, Voluntary

A large software company increased the volume of voluntary carbon credits it bought in the last fiscal year by 33%, it said in an annual impact report, as it continues its transition towards buying only removal units at the end of the decade.

Read More

ANALYSIS: The Nature Restoration Law – what’s next for EU companies?

Published 07:59 on June 24, 2024  /  Last updated at 08:00 on June 24, 2024  /  Biodiversity, EMEA

EU member states could include the private sector in their plans to achieve national targets under the Nature Restoration Law (NRL) as public funding will likely prove insufficient, and the newly approved legislation is likely to contribute to scaling the biodiversity credit market, according to experts.

Read More

South Korea secures Article 6 partnerships with Cambodia and Bangladesh, holds talks with several others

Published 07:11 on June 24, 2024  /  Last updated at 09:10 on June 24, 2024  / Chia-Erh Kuo /  Asia Pacific, International, Other APAC, Paris Article 6, South Korea

South Korea’s trade ministry will this week sign Article 6 partnership with Cambodia and Bangladesh during discussions with representatives from seven countries for further cooperation in establishing international emissions reduction projects aligned with the Paris Agreement.

Read More

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.

Read More

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.

Read More

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.

Read More

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. 

Read More

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.

Read More

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.

Read More