PREVIEW: EU Parliament to debate new Commission, climate-agri nexus, amid Orban stress next week
The 720 members of the European Parliament are gearing up for holding confirmation hearings with the new commissioners-designate, and for holding a series of debates on climate and the bloc’s agricultural sector, as they gather in Strasbourg next week for the first time after the summer break.
Read MoreJapan launches trial of nature coexistence support certificates
Japan’s environment ministry on Friday announced it is now accepting applications from companies seeking so-called nature coexistence support certificates, after the originally intended pilot late last year got delayed.
Read MorePlans scrapped for UK’s first ‘net zero’ coal mine that would have relied on carbon credits
Planning approval for the UK’s first deep coal mine in 30 years has been quashed by a court because of unlawful claims the mine would be ‘net zero’ and have no impact on the emissions cuts required under the country’s Climate Change Act.
Read MoreSwiss group awards letter of support to biogas carbon project in Ghana under Article 6
The Swiss industry agency entrusted by its government with arranging Article 6.2 bilateral agreements has provided written and financial support to a biogas project in Ghana, a global forerunner in Paris Agreement carbon trading deals.
Read MoreIndonesia targets $65 bln in earnings from carbon trade by 2028
Indonesian president-elect Prabowo Subianto, who comes to power next month after a February win at the polls, plans to generate and sell rain forest carbon credits worth a total of $65 billion by 2028, Reuters reported Friday, citing a government advisor.
Read MoreBiodiversity markets need ‘trust factor’ to scale, tech expert says
Tech firms can give emerging biodiversity markets the ‘trust factor’ companies need to buy nature credits without fear of backlash, a data specialist told a webinar this week.
Read MoreAustralia’s new hydrogen paper confirms plans for all-green future
Australia has debuted a new national hydrogen strategy as part of its wider Future Made in Australia (FMIA) strategy which it says will cut CO2e emissions by between 93-186 million tonnes per year by 2050, with up to 15 Mt/year of green hydrogen produced at the same time and the Safeguard Mechanism driving hydrogen tech uptake by businesses keen to drop emissions.
Read MoreINTERVIEW: Forest restoration company gears up for biodiversity credit market
A native forest restoration company is in talks with two major standards to launch its first biodiversity credit projects next year, with a big park in the Philippines among the sites under consideration, the firm told Carbon Pulse.
Read MoreRural workers reject nature commodification in run-up to COP16
Smallholder farmers have released a declaration in advance of UN biodiversity conference COP16 with a rejection of discussions that aim to commodify nature.
Read MoreEU Commission boss Von der Leyen backs nature credits to drive restoration
The nascent nature credits market is a key solution to the need for economic incentives to restore nature, with its viability proven by carbon, European Commission President Ursula von der Leyen said in a speech on Friday.
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