Financiers with $29 trillion urge nature positive, climate action
A global investor statement was released Tuesday, with signatures of 534 financial institutions managing more than $29 trillion in assets calling for a whole-government approach to reaching nature positive and net zero emissions.
Read MoreMilan-based startup launches industrial ocean carbon removal site
A Milan-headquartered company has launched its first industrial ocean CO2 removal (CDR) plant in Augusta, Italy.
Read MoreUPDATE – Hoekstra re-appointed EU climate chief in surprise move
The incumbent EU climate commissioner, Wopke Hoekstra, was re-appointed to the portfolio on Tuesday as European Commission President Ursula von der Leyen unveiled her new team that will lead EU policymaking in Brussels for the next five years.
Read MoreAustralian steelmaker hits 2030 emissions target early
Australia’s largest steelmaker has hit its mid-term climate goals early, reducing emissions intensity by 12% since 2018, far ahead of its 2030 target date.
Read MoreAustralia Market Roundup: Participants urge govt to show leadership on method development, regulator issues 1.4 mln ACCUs
Australian carbon market participants have urged the government to provide clear signals on which method developments it will prioritise to meet its climate goals, warning that the current lack of certainty is hampering investment.
Read MorePartnership seeks to scale up biochar credit generation in India
India-based carbon removal developer Circonomy has teamed up with a horticulture solutions provider to ramp up biochar carbon credits in the country.
Read MoreAustralia’s Clean Energy Regulator to launch new registry in November
The Clean Energy Regulator’s (CER) carbon, renewable energy, and nature unit registry that is currently in development is set to be finalised in November, according to its acting chair.
Read MoreAzerbaijan to create fossil fuel-financed climate fund at COP29
Azerbaijan is putting climate finance at the centre of its agenda for the COP29 summit in Baku, with a series of initiatives and outcomes aimed at drumming up more public and private money including from fossil fuel-producing countries and companies, it announced on Tuesday.
Read MoreAU Market: Australian regulator to update contract exit figures by month’s end
Australia’s Clean Energy Regulator (CER) will provide an update on the volume of carbon credits that have been released during the latest exit arrangement window.
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