Senior 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.
Read MoreEdinburgh-based startup raises £1 mln for industrial heat decarbonisation technology
An Edinburgh-based company has closed a £1 million pre-seed funding round for its ultra-high temperature thermal energy storage system aimed at decarbonising industrial heat, it announced on Thursday.
Read MoreQantas tweaks its carbon strategy as tightening credit, SAF supply seen as ongoing risk
Australian airline Qantas sees both opportunities and risks in its ongoing reliance on carbon credits as it looks to scale up its sustainable aviation fuel (SAF) intake, according to its 2024 sustainability report published Thursday.
Read MoreKorean refiner to launch country’s first SAF commercial production line
A top oil refiner in South Korea is set to start commercial operations of the country’s first production line for sustainable aviation fuel (SAF) next month, in response to the increasing demand for the eco-friendly fuel.
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