Malawi ITMO carbon credits trade at $10.25, retired the same day

Published 14:03 on September 12, 2024  /  Last updated at 14:03 on September 12, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Paris Article 6, Voluntary

Clean cooking ITMO credits from a project in Malawi were bought on a trading platform this week and retired the same day, underlining demand for the burgeoning sovereign carbon market.

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Biodiversity data facility to deliver project grants following EU funding

Published 13:51 on September 12, 2024  /  Last updated at 13:51 on September 12, 2024  / /  Biodiversity, International

The Global Biodiversity Information Facility (GBIF) will launch a call for grant proposals in 2025 in several regions after receiving €4 million from the EU, in an outreach that will complement its work on ‘data cubes’, an executive has said.

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Fintech startup partners with blockchain platform for trading voluntary carbon credits

Published 13:04 on September 12, 2024  /  Last updated at 13:04 on September 12, 2024  / /  EMEA, International, Voluntary

A fintech startup focused on creating financial instruments tied to voluntary carbon credits has announced a partnership with a global blockchain-based platform for buying, selling, and retiring units.

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FEATURE: Innovations in battery manufacturing are key to reducing cost, meeting regulation

Published 12:31 on September 12, 2024  /  Last updated at 12:31 on September 12, 2024  / /  EMEA, International, US

Innovations in battery manufacturing, such as use of a ‘dry process’ to make electrodes, will be key to reducing cost and lowering the environmental footprint of producing lithium-ion batteries to be in line with the EU’s new Batteries Regulation, say experts.

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Australia takes further steps to shore up renewable energy dreams with verification scheme

Published 12:28 on September 12, 2024  /  Last updated at 12:28 on September 12, 2024  / /  Asia Pacific, Australia

Australia’s Labor government has introduced its Guarantee of Origin bill to parliament as part of the Future Made in Australia (FMIA) policy that was recommended by a senate committee last week.

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Global oil demand growth slowing fast, finds IEA

Published 12:25 on September 12, 2024  /  Last updated at 12:48 on September 12, 2024  / /  Americas, Asia Pacific, EMEA, International

The world is still on track to be awash with oil by the end of the decade after global demand growth decelerated in the first half of 2024 to the lowest rate since 2020, the International Energy Agency (IEA) reported on Thursday.

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US financial services company launches blockchain-based carbon credit platform

Published 12:21 on September 12, 2024  /  Last updated at 12:21 on September 12, 2024  / /  Americas, US, Voluntary

A Chicago-headquartered financial services firm has launched a blockchain carbon credit platform for institutional buyers, it announced on Thursday.

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Tanzanian developer partners with CreditNature to pilot nature credits in the Kilimanjaro region

Published 12:19 on September 12, 2024  /  Last updated at 08:19 on September 17, 2024  / /  Africa, Biodiversity, EMEA

A Tanzania-based developer has partnered with CreditNature to launch a biodiversity credit pilot in the Kilimanjaro region by the end of November, Carbon Pulse has learned.

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Senior EU negotiator warns against rush to push forward on Article 6

Published 11:46 on September 12, 2024  /  Last updated at 11:46 on September 12, 2024  / /  Climate Talks, EMEA, International, Paris Article 6, Voluntary

A senior EU negotiatior on Article 6 of the Paris Agreement has warned against taking a short-term approach to developing the UN markets, saying this could damage confidence in carbon pricing as a credible solution to tackle climate change.

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Japan awards grant to two carbon developers for methane reduction projects in the Philippines

Published 10:59 on September 12, 2024  /  Last updated at 10:59 on September 12, 2024  / /  Asia Pacific, International, Japan, Nature-based, Other APAC, Voluntary

A Singapore-headquartered biochar company and a Japanese developer specialising in methane reduction projects have been awarded a grant to reduce emissions from rice fields in the Philippines, they said in a joint statement.

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