Global oil demand growth slowing fast, finds IEA
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.
Read MoreUS financial services company launches blockchain-based carbon credit platform
A Chicago-headquartered financial services firm has launched a blockchain carbon credit platform for institutional buyers, it announced on Thursday.
Read MoreTanzanian developer partners with CreditNature to pilot nature credits in the Kilimanjaro region
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.
Read MoreSenior EU negotiator warns against rush to push forward on Article 6
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.
Read MoreJapan awards grant to two carbon developers for methane reduction projects in the Philippines
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.
Read MoreAsia-Pacific Project and Business Development Analyst, Ecosecurities – Remote/Indonesia
The Asia-Pacific Project and Business Development Analyst will support the development and growth of ecosecurities across the Asia-Pacific through research, analysis, structuring of new projects and supporting the origination of new projects across the Asia-Pacific region.
Read MorePower sector the ‘lynchpin’ to meeting Paris goals in lower-income economies, says World Bank
The application of carbon pricing in the power sector will be crucial to meeting climate goals set under the Paris Agreement, however, approaches must be altered to the needs of low- and middle-income countries and the challenges they face, said World Bank’s latest report launched Thursday.
Read MoreEurope has likely passed its LNG consumption peak, analysts say
Demand for liquefied natural gas (LNG) in Europe fell 20% year-on-year in the first half of 2024, after gas consumption dropped to a 10-year low last year, analysts said this week, suggesting the continent’s thirst for the fuel may have already peaked.
Read MoreAlmost 40% of Amazon critical to climate remains unprotected -study
Nearly 40% of the Amazon rainforest areas considered crucial for addressing the climate crisis still lack proper legal protection, with approximately 10.9 million hectares at potential risk, said a report released Thursday.
Read MoreKorean research team introduces low-carbon catalyst for SAF production
A group of Korean researchers has introduced a low-carbon catalyst technology for producing sustainable aviation fuel (SAF) amid growing domestic interest in the development of the eco-friendly fuel.
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