Australian organisation releases guide to enhance biodiversity in solar farms

Published 15:05 on May 17, 2024  /  Last updated at 15:05 on May 17, 2024  / Giada Ferraglioni /  Asia Pacific, Australia, Biodiversity

An Australian non-profit consultancy has released a set of strategies to achieving net gain in biodiversity within new solar farms, as its country plans to enhance efforts to prevent renewable plants from harming ecosystems.

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INTERVIEW: Developer of low-concentration CO2 capture strives for below $100/t in a decade  

Published 14:33 on May 17, 2024  /  Last updated at 14:33 on May 17, 2024  / Bryony Collins /  Americas, International, US, Voluntary

A developer of carbon capture technology using a new class of material able to capture CO2 at very low concentrations aims to reach costs of below $100 per tonne in the next decade, thanks to its high energy efficiency and use of low-grade waste heat.

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Critical minerals ‘not a deal-breaker’ for climate goals – at least for now, IEA says

Published 14:30 on May 17, 2024  /  Last updated at 14:30 on May 17, 2024  / Frédéric Simon /  Africa, Americas, Asia Pacific, EMEA, International

The International Energy Agency (IEA) has issued a cautious warning about the supply of critical raw materials needed for clean technologies, pointing to “potential strains” in supply that could slow down the green transition, but aren’t enough to derail it for now.

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Only half of global carbon revenues directed to climate and nature -report

Published 14:29 on May 17, 2024  /  Last updated at 14:29 on May 17, 2024  / Paddy Gourlay /  Carbon Taxes, International

Only about half of carbon revenues generated globally from compliance markets is directly used for climate and nature, a new report has found.

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India to ensure benefit for every stakeholder before rolling out carbon market policy -official

Published 14:28 on May 17, 2024  /  Last updated at 14:28 on May 17, 2024  / Nikita Pandey /  Asia Pacific, Other APAC, Paris Article 6, Voluntary

India will seek to ensure every stakeholder will benefit before rolling out a policy to support its carbon market, a government official said this week.

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DATA DIVE: Booming energy company activity lifts voluntary carbon credit retirements in 2024

Published 14:12 on May 17, 2024  /  Last updated at 14:12 on May 17, 2024  / Nick Ferris /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Credit retirements across the four main registries in the voluntary carbon market are on track for a record year, lifted by particularly buoyant activity among energy companies.

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Canadian financial hub sets up research centre to develop biodiversity credits, green bonds

Published 12:57 on May 17, 2024  /  Last updated at 12:57 on May 17, 2024  / Sergio Colombo /  Americas, Biodiversity, Canada

A Canadian financial hub has announced it will set up a research centre tasked with developing financing mechanisms to scale investments towards nature protection, including biodiversity credits and biodiversity bonds.

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EU ministers call for decarbonising soon-to-be ETS-covered heating and cooling sectors

Published 12:13 on May 17, 2024  /  Last updated at 12:13 on May 17, 2024  / Emanuela Barbiroglio /  EMEA, EU ETS

Heating and cooling of buildings will be the next big decarbonisation challenge across the EU, according to 15 of the 27 member states, as the sector makes its debut into ETS2 from next year.

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CN Markets: CEAs flat, as trading volume falls to 14-month low

Published 11:43 on May 17, 2024  /  Last updated at 11:43 on May 17, 2024  / Chia-Erh Kuo /  Asia Pacific, China

China’s national carbon market saw allowance prices rise marginally over the past week, while liquidity dropped to the lowest level since Mar. 2023 amid an absence of regulatory news.

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Biochar company raises $5 mln in funding for Southeast Asia operations

Published 10:05 on May 17, 2024  /  Last updated at 10:05 on May 17, 2024  / Helen Clark /  Asia Pacific, International, Other APAC, Voluntary

A Southeast Asia-focussed biochar company has received $5 million in funding via investment from Mekong Enterprise Fund IV.

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