VCM MONTHLY DATA: Olympics lift August voluntary carbon retirements to break seasonal trend
Credit retirements across the four main registries in the voluntary carbon market saw an unseasonal boost in August, driven by strong activity from the Paris 2024 Olympic and Paralympic Committee.
Read MoreHigher emissions and EU carbon prices if no CBAM solution is found for UK power exports to EU -analysts
EU emissions and carbon prices could rise as a result of the bloc’s Carbon Border Adjustment Mechanism (CBAM), causing a reduction in power flows from the UK to the EU, according to scenarios modelled by an energy analytics firm.
Read MoreIndian developer signs Ghana deal for Paris-aligned cookstoves carbon project
An Indian developer has partnered with the government of Ghana and a Singapore-based asset management fund for the production and distribution of 1 million improved cookstoves across the African nation over the next five years, the company announced this week.
Read MoreAustralian Senate committee recommends passage of Future Made in Australia Bill, despite design concerns
An Australian Senate cross-party committee has recommended the Future Made in Australia (FMIA) Bill be passed, which would unlock close to A$23 billion ($15 bln) over 10 years to support clean energy and critical minerals development.
Read MoreForest biodiversity unit pilot launches in Congo
A pilot in the Republic of Congo that aims to generate climate and biodiversity units under the High Integrity Forest Investment Initiative (HIFOR) has been launched by a US-based NGO.
Read MoreCN Markets: CEAs moves near 93 yuan, weekly trading volume stable
Chinese carbon allowance prices saw a modest recovery over the past week with stable trading volumes, as analysts remained cautious about the whole-year price outlook due to a newly introduced policy.
Read MoreBritish govt lobbied to cut biodiversity net gain exemptions
Eight NGOs and business groups sent a letter to the British government on Thursday asking for the removal of some developer exemptions from the biodiversity net gain (BNG) requirements in England.
Read MoreIndonesia targets 367 GW of renewable energy by 2060, as draft second NDC deemed insufficient
The Indonesian government has outlined plans to target 367 GW of renewable energy capacity by 2060, as analysis found its draft second Nationally Determined Contribution (NDC) to be lacking in ambition.
Read MoreJapanese carbon project developer seeks offset opportunities in Mongolia
A Japanese carbon project developer has expressed interest in pursuing emissions reduction projects in Mongolia, as it seeks to expand its presence in Asia.
Read MoreNew Zealand startup launches funding round to bring Scope 3 emissions reporting software to Australia
A New Zealand climate tech startup has launched a seed round of NZ$650,000 ($400,000) in the hopes of expanding its Scope 3 emissions reporting software into Australia, and eventually the UK.
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