SBTN releases draft guidance on first science-based ocean targets

Published 15:05 on September 11, 2024  /  Last updated at 15:05 on September 11, 2024  / /  Biodiversity, International

The Science Based Targets Network (SBTN) has put out for consultation draft guidance on the first scientific targets for ocean impacts, ahead of the full roll out in 2025.

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Scottish farmers need more detail about transition to nature-friendly farming as new legislation comes into play -webinar

Published 14:49 on September 11, 2024  /  Last updated at 14:49 on September 11, 2024  / /  Biodiversity, EMEA

There are still many unknowns about what will be required of farmers under an agricultural bill passed by the Scottish government in June, including on the incentives for woodland creation and peatland restoration, a trade body representative told a webinar on Wednesday.

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Brussels aims to rubber-stamp carbon removals framework by year’s end

Published 14:15 on September 11, 2024  /  Last updated at 14:15 on September 11, 2024  / /  EMEA

The European Commission expects to formalise its Carbon Removals and Carbon Farming (CRCF) regulation by the end of this year, giving it the legal basis on which to set certification methodologies for the first batch of removal techniques next year, a Brussels official confirmed on Wednesday.

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Clean cooking carbon project developer sells all credits through 2024 at $35/t

Published 13:33 on September 11, 2024  /  Last updated at 13:33 on September 11, 2024  / /  Africa, EMEA, Voluntary

A clean cooking project developer has sold all of its carbon credits of a vintage through 2024 at $35 per tonne, an executive told an event Wednesday, in a sign that demand for ‘high-quality’ units is there for the voluntary market.

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UK businesses show varied progress towards net zero -survey

Published 13:21 on September 11, 2024  /  Last updated at 13:21 on September 11, 2024  / /  EMEA, UK ETS, Voluntary

A UK survey on corporate net zero progress found that 73% of respondents consider achieving net zero a medium- or high-priority over the next year, only 65% have committed to the 2050 target, and just 48% have set net zero goals to be met within the next decade.

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Australia releases battery consultation paper prior to funding round open

Published 13:18 on September 11, 2024  /  Last updated at 13:18 on September 11, 2024  / /  Asia Pacific, Australia

Australia has released a consultation paper for entrants to the wide scale battery industry and value chain the nation hopes to build in a bid to further its ambitions as a renewable energy and battery superpower while reducing emissions.

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Natural capital investments could pass $1 trln within two decades, financier says

Published 13:07 on September 11, 2024  /  Last updated at 13:07 on September 11, 2024  / /  Australia, Biodiversity, International

Total investments in the natural capital asset class could rise to $1 trillion or more over the next two decades, on the back of revenues from outputs including biodiversity markets, investor New Forests has said.

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Drax urges BECCS support as critical to meeting UK clean power goal by 2030

Published 12:42 on September 11, 2024  /  Last updated at 12:42 on September 11, 2024  / /  Americas, EMEA, UK ETS, US, Voluntary

Drax is looking to the UK government to begin discussions soon on a contract to support the company’s incoming bioenergy with carbon capture and storage (BECCS) project, to ensure that the plant can contribute to the country’s goal for clean power by 2030, a Drax official said on Wednesday.

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Brazilian carbon developer to market Indigenous-focused biodiversity credits at COP16

Published 12:31 on September 11, 2024  /  Last updated at 12:31 on September 11, 2024  / /  Americas, Biodiversity, South & Central

A Brazilian carbon developer and two organisations working with Indigenous communities are piloting a biodiversity credit project in the Amazon state, with two European companies interested in purchasing units after COP16, Carbon Pulse has learned.

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EU announces research project to assess impact of CBAM on its neighbours

Published 12:19 on September 11, 2024  /  Last updated at 12:19 on September 11, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

The European Commission has announced fresh funding for a research project that explores the impact of the EU’s Emissions Trading Scheme (ETS) and Carbon Border Adjustment Mechanism (CBAM) on neighbouring countries.

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