Nordic cohort to develop biodiversity credit methodology for the offshore wind sector in the Baltic Sea

Published 08:21 on July 8, 2024  /  Last updated at 08:21 on July 8, 2024  / Sergio Colombo /  Biodiversity, EMEA

A group of Nordic companies and research institutes have banded together to launch a project aimed at developing a biodiversity credit methodology for the offshore wind sector in the Baltic Sea.

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BRIEFING: Japan using its glut of gas to spread influence in Southeast Asia at the expense of the climate, critics say

Published 06:39 on July 8, 2024  /  Last updated at 06:39 on July 8, 2024  / Mark Tilly /  Asia Pacific, Australia, China, Japan, Other APAC, South Korea

Japan is using its excess volumes of LNG to shape, and in many ways slow down, the energy transition in Southeast Asia, by financing gas infrastructure abroad and promoting transboundary CO2 markets as a decarbonisation solution that critics say is yet-to-be-proven and unrealistic. 

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Australian carbon aggregator, project developer lays off staff

Published 05:51 on July 8, 2024  /  Last updated at 05:51 on July 8, 2024  / Mark Tilly /  Asia Pacific, Australia, Bavardage, Voluntary

An Australian carbon credit provider has gone through a round of redundancies as part of an organisational restructure, Carbon Pulse has learned.

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UAE fintech partners with Sri Lankan developer to deliver biodiversity, oxygen credits next month

Published 04:28 on July 8, 2024  /  Last updated at 04:28 on July 8, 2024  / Giada Ferraglioni /  Asia Pacific, Biodiversity, Middle East, Nature-based, Other APAC, Voluntary

A Dubai-headquartered fintech firm has teamed up with a Sri Lanka-based project developer to generate and issue biodiversity and oxygen credits within a pilot restoration project in the Belipola private forest.

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CP Daily: Sunday July 7, 2024

Published 02:47 on July 8, 2024  /  Last updated at 02:47 on July 8, 2024  / Carbon Pulse /  Newsletters

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

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UN explores repurposing CDM-based online offset platform for Paris era

Published 01:57 on July 8, 2024  /  Last updated at 01:57 on July 8, 2024  /  Africa, Americas, Asia Pacific, China, EMEA, International, Mexico, Middle East, Nature-based, Other APAC, Paris Article 6, South & Central, Voluntary

The UNFCCC is considering repurposing its voluntary offset platform, which is supplied by Kyoto-era credits, in order to support the new carbon credit generation mechanism under the Paris Agreement.

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Biden administration targetting December for draft US EPA rules on existing natural gas facilities

Published 01:09 on July 8, 2024  /  Last updated at 01:09 on July 8, 2024  / Graham Gibson /  Americas, Nature-based, RINs & LCFS, US, Voluntary

US President Joe Biden’s administration is targeting the end of the year for the issuance of highly anticipated draft emissions standards for existing natural gas-fired power plants, according to a biannual regulatory agenda published late Friday that also provided expected timelines on a litany of other planned environmental regulations.

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*Environmental Markets Correspondent, Carbon Pulse – US/Canada (Remote)

Published 13:01 on July 6, 2024  /  Last updated at 13:01 on July 6, 2024  /  Job Postings

*PREMIUM LISTING – We are looking for an Environmental Markets Correspondent based in Canada or the US, to help us bolster and expand our coverage of carbon and other environmental markets. Carbon market experts without journalistic experience are also encouraged to apply.

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International prop trading firm sees European, Asian carbon desks emptied

Published 23:52 on July 5, 2024  /  Last updated at 00:42 on July 6, 2024  /  Americas, Asia Pacific, Bavardage, EMEA, EU ETS, International, Other APAC, US, Voluntary

An international proprietary trading firm has seen its European and Asian carbon desks emptied, Carbon Pulse has learned.

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US Forest Service defends timber targets in lawsuit for ignoring carbon emissions from logging

Published 22:51 on July 5, 2024  /  Last updated at 22:51 on July 5, 2024  / Allison Gacad /  Americas, US

The US Forest Service, responsible for stewardship of public forest acreage, defended its timber targets as part of its process to secure funding from Congress, and thus not subject to federal environmental law, in recent updates to a lawsuit filed by environmental groups against the agency.

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