Loss and Damage Fund access, contributions should be based on country emissions, think tank says
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.
Read MoreAustralian carbon farming outfit expands offerings
An Australian carbon farming group has launched a new offering to help landholders measure their carbon footprint and generate carbon credits.
Read MoreNon-profits call on Malaysian PM to overhaul timber certification system, align with EUDR
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.
Read MoreTaiwan govt committee proposes carbon levy start rate of $9-15/tonne
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.
Read MoreChina ramps up coal production with record-breaking output in 2023, report says
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.
Read MoreRGGI Market: Record Q3 auction-ignited sentiment eases to start the week
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.
Read MoreScientists outline strategic approach for responsible but urgent exploration of ocean iron fertilisation as climate solution
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.
Read MoreUS-based exchange to launch Alberta TIER carbon futures next week
A North American environmental commodities exchange announced Monday that it will next week launch futures contracts for Alberta Technology Innovation Emission Reductions (TIER) credits, as well as a suite of new renewable energy credit (REC) trading products.
Read MoreBrazilian oil company, agricultural research organisation to cooperate on raw materials for biofuels
A Brazilian oil company and agricultural research organisation have signed a cooperation agreement to develop technical studies on renewable raw materials for low-carbon products, including biofuels.
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