Tokyo-based carbon developer teams up with provincial govt for methane reduction projects in Vietnam

Published 10:01 on September 10, 2024  /  Last updated at 10:01 on September 10, 2024  / /  Asia Pacific, Japan, Nature-based, Other APAC, Voluntary

A Japanese carbon project developer has signed a Memorandum of Understanding (MoU) with a provincial government in Vietnam to generate carbon credits from methane offset projects spanning 55,000 hectares of rice paddy fields in the Red River Delta.

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Significant role for government to scale CDR supply and demand -report

Published 10:00 on September 10, 2024  /  Last updated at 04:05 on September 10, 2024  / /  Americas, EMEA, International, Voluntary

Monitoring, reporting, and verification (MRV) practices to effectively scale the carbon removal (CDR) market will require collaborative efforts, underpinned by government guidelines, according to a paper featuring perspectives from voluntary CDR buyers, policymakers, and academics.

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Loss and Damage Fund access, contributions should be based on country emissions, think tank says

Published 09:25 on September 10, 2024  /  Last updated at 09:25 on September 10, 2024  / /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Other APAC, South & Central

The recently established Loss and Damage Fund (LDF) should adopt a clear allocation mechanism based on countries’ emissions contributions, among other criteria, according to an Australian think tank’s analysis.

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Australian carbon farming outfit expands offerings

Published 09:02 on September 10, 2024  /  Last updated at 09:02 on September 10, 2024  / /  Asia Pacific, Australia

An Australian carbon farming group has launched a new offering to help landholders measure their carbon footprint and generate carbon credits.

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Non-profits call on Malaysian PM to overhaul timber certification system, align with EUDR

Published 08:09 on September 10, 2024  /  Last updated at 08:09 on September 10, 2024  / /  Asia Pacific, Biodiversity, Nature-based, Other APAC, Voluntary

Malaysia’s Prime Minister Anwar Ibrahim should reform the “broken” Malaysian Timber Certification Scheme (MTCS) due to the challenges faced by Indigenous communities, while urging it to be aligned with the EU’s Deforestation Regulation (EUDR), according to a group of non-profits.

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Taiwan govt committee proposes carbon levy start rate of $9-15/tonne

Published 08:01 on September 10, 2024  /  Last updated at 08:01 on September 10, 2024  / /  Asia Pacific, Other APAC

An environment ministry committee has released initial pricing recommendations for Taiwan’s upcoming carbon levy scheme, suggesting a start rate of between NT$300 and NT$500 ($9.32-15.54) per tonne of CO2 and plans for a phased increase to meet the island’s long-term climate targets.

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China ramps up coal production with record-breaking output in 2023, report says

Published 05:46 on September 10, 2024  /  Last updated at 05:46 on September 10, 2024  / /  Asia Pacific, China

Global coal production has been on the rise following a brief decline in 2020, with China continuing to be the primary driving factor behind the expansion, a report has found.

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CP Daily: Monday September 9, 2024

Published 02:16 on September 10, 2024  /  Last updated at 02:16 on September 10, 2024  /  Newsletters

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

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RGGI Market: Record Q3 auction-ignited sentiment eases to start the week

Published 01:08 on September 10, 2024  /  Last updated at 01:08 on September 10, 2024  / /  Americas, US

After strong compliance participation at the Q3 permit sale that cleared at a record, RGGI Allowances (RGA) in the secondary market gave back some gains through Monday trade.

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Scientists outline strategic approach for responsible but urgent exploration of ocean iron fertilisation as climate solution

Published 01:08 on September 10, 2024  /  Last updated at 01:08 on September 10, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, US, Voluntary

A team of international researchers has outlined a strategic approach to urgently evaluate the controversial and scientifically unproven practice of large-scale ocean iron fertilisation (OIF) as a potential method to remove CO2 from the atmosphere.

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