BRIEFING: Investigation into Australian environmental offsets finds weak legal protections, regulators caving to developers
An investigation into Australia’s federal environmental offset scheme has found a ‘set and forget’ regulatory approach has led to areas earmarked for conservation being impacted or developed without consequence.
Read MoreUK aviation needs more incentives to cut emissions, experts say
UK aviation has a number of potential routes for decarbonising — from jet fuels to operational changes — but stronger policy is needed to incentivise and accelerate the shift in an industry where growing demand will otherwise push emissions upwards, industry experts said during a webinar on Tuesday.
Read MoreINTERVIEW: New maritime pooling mechanism aims to dilute and monetise emissions intensity of EU ships
A Finnish startup is offering the EU’s first pooling service to group high- and low-emissions intensity ships and facilitate their compliance with the bloc’s incoming FuelEU Maritime rules.
Read MoreFlorida to allocate $1.5 bln to biodiversity restoration, water quality improvement
The US state of Florida has announced a $1.5-billion commitment to restore biodiversity and improve water quality, including what it claims to be the largest single-year investment ever made to protect the Everglade wetlands.
Read MoreMajor investors to vote for PepsiCo biodiversity risk shareholder proposal
Institutional investors including the Norwegian sovereign wealth fund and Rothschild & Co are asking PepsiCo to report on its dependencies on biodiversity in a bid to quantify the financial risks related to nature loss.
Read MoreCarbon storage in Indian Ocean, Bay of Bengal can help India achieve climate goals -research
The Indian Ocean and the Bay of Bengal can potentially act as carbon reservoirs, storing huge amounts of CO2 that will help to decarbonise industrial clusters and can aid India to achieve its net zero targets, researchers have found.
Read MoreJapanese trio launches impact finance product to meet decarbonisation need
A major trading house in Japan has teamed up with two domestic partners to launch an impact finance loan product to meet the decarbonisation needs of Japanese companies.
Read MoreDanish regenerative farming specialist teams up with Ukrainian bank on soil carbon finance model
A Danish tech startup specialising in regenerative agriculture finance and technology has teamed up with a bank in Ukraine to further tap the war torn country’s vast farming market for its soil carbon credit programmes.
Read MoreScandinavian industrial secures first China SAF project
A Denmark-headquartered industrial company has secured its first sustainable aviation fuel (SAF) project in China as it aims to address the fast-growing global demand for cleaner fuels.
Read MoreTaiwan releases draft regulations on carbon levy collection, proposes preferential rates for emitters with voluntary targets
Taiwan’s environment ministry has released three draft sub-laws to underpin the island’s upcoming carbon levy scheme, estimating the amount emitters have to pay based on their carbon leakage risk and voluntary plans.
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