China clarifies rules to avoid double counting of environmental values from renewable projects

Published 09:53 on September 11, 2024  /  Last updated at 03:03 on September 12, 2024  / /  Asia Pacific, China

Chinese regulators have announced rules that can clarify the boundaries of the country’s green electricity and national carbon offset markets, a move designed to help avoid double counting of environmental attributes.

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Australian govt earmarks A$215 mln for species protection, habitat restoration

Published 09:46 on September 11, 2024  /  Last updated at 09:46 on September 11, 2024  / /  Asia Pacific, Australia, Biodiversity

The Australian government has ringfenced over A$215 million ($143 mln) to ramp up efforts in nature restoration and native species protection, it announced Wednesday.

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European verifier seeks comments for new modular BiCRS methodology

Published 09:11 on September 11, 2024  /  Last updated at 09:11 on September 11, 2024  / /  EMEA, Voluntary

A Paris-headquartered carbon crediting platform has opened a new modular biomass carbon removal and storage (BiCRS) methodology for public consultation, the company announced on Wednesday.

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Japanese oil major backs country’s first programme-based carbon project in pig farming

Published 08:33 on September 11, 2024  /  Last updated at 08:33 on September 11, 2024  / /  Asia Pacific, Japan

A top refiner in Japan has decided to support the country’s first carbon credit generating project featuring collaboration with domestic pig farmers.

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Australian states announce forestry, Indigenous ACCU initiatives

Published 08:04 on September 11, 2024  /  Last updated at 08:04 on September 11, 2024  / /  Asia Pacific, Australia

Western Australia and New South Wales have announced initiatives to support projects that will earn Australian Carbon Credit Units (ACCUs), with a focus on forestry and Indigenous environmental plantings (EP) projects.

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CP Daily: Tuesday September 10, 2024

Published 05:08 on September 11, 2024  /  Last updated at 05:16 on September 11, 2024  /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

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Major global policy shift urged to boost CO2 removal efforts, meet climate goals

Published 05:00 on September 11, 2024  /  Last updated at 05:00 on September 11, 2024  /  Americas, Asia Pacific, EMEA, Japan, US, Voluntary

Achieving billions of tonnes of CO2 removals needed to slow climate change will require substantial policy support across geographies and government levels, a new report has warned.

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British climate tech catalyst announces plans for the country’s largest biochar carbon removal project

Published 01:01 on September 11, 2024  /  Last updated at 01:06 on September 11, 2024  / /  EMEA, Nature-based, Voluntary

A British climate tech catalyst has announced plans to develop the country’s largest biochar carbon removal project, it said on Wednesday.

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Canada’s federal IFM offsets not eligible in provinces with similar compliance-linked protocols

Published 01:00 on September 11, 2024  /  Last updated at 01:00 on September 11, 2024  / /  Americas, Canada, Nature-based, Voluntary

Improved forest management (IFM) offsets through Canadian federal voluntary protocols under construction are not eligible for use in provinces that have similar active protocols, environment ministry officials said in a webinar Tuesday.

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Alberta flags CCS offset protocol for update

Published 00:56 on September 11, 2024  /  Last updated at 00:56 on September 11, 2024  / /  Canada

A carbon capture and storage (CCS) Alberta emission offset protocol was flagged Monday by the provincial environment ministry, effectively pausing project development.

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