Revenue distribution boosts public acceptance of carbon pricing -report

Published 15:54 on September 9, 2024  /  Last updated at 16:36 on September 9, 2024  / /  Carbon Taxes, EMEA, EU ETS, International, UK ETS

Carbon pricing is easier to put in place with social policies backing it, according to new research.

Read More

LATAM Roundup: Biodiversity and carbon markets intertwine, Panama revives climate committee

Published 15:42 on September 9, 2024  /  Last updated at 22:33 on September 9, 2024  / /  Americas, International, Nature-based, South & Central, Voluntary

Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the week ending Sep. 8, characterised by a surge of biodiversity pricing news intimately connected to Amazon rainforest carbon projects.

Read More

ANALYSIS: Legal issues around Japan’s proposed mandatory carbon market await more clarification

Published 15:18 on September 9, 2024  /  Last updated at 15:18 on September 9, 2024  / /  Asia Pacific, Japan

As Japan has begun preparation work for the design of a compliance carbon market, the government should clarify some key legal issues to remove doubts when embedding the concept of emissions trading in the domestic legal framework, according to experts.

Read More

INTERVIEW: Carbon removal startup eyes Nigerian farmland for biochar removals

Published 15:11 on September 9, 2024  /  Last updated at 15:11 on September 9, 2024  / /  EMEA, Voluntary

A Nigeria-based software startup is aiming to generate 400,000 tonnes of carbon removals in three years’ time by helping farmers sequester soil carbon through the application of biochar, in partnership with a commercial bank.

Read More

Committee recommends Australia’s Nature Positive Bill go ahead, with caveats

Published 14:59 on September 9, 2024  /  Last updated at 00:11 on September 10, 2024  / /  Asia Pacific, Australia, Biodiversity

An Australian Senate committee has recommended the Nature Positive Bill 2024 be passed by the Senate, the nation’s upper house of parliament, subject to several recommendations it has made.

Read More

Nigerian state launches voluntary carbon registry for corporates

Published 14:48 on September 9, 2024  /  Last updated at 14:48 on September 9, 2024  / /  Africa, EMEA, Voluntary

The Nigerian state government of Lagos has launched a carbon registry so that corporates can voluntarily document their emissions, as part of efforts to achieve net zero, according to local media.

Read More

Mexican investor pre-purchases $25,000 of biodiversity, carbon credits

Published 13:19 on September 9, 2024  /  Last updated at 13:19 on September 9, 2024  / /  Americas, Biodiversity, Nature-based, South & Central, Voluntary

A Mexican investment firm has partnered with a France-based environmental company to pre-purchase biodiversity, water, and carbon credits worth $25,000, Carbon Pulse has learned.

Read More

Philippines govt, UN agency launch €104-mln initiative to support sustainable farming

Published 12:20 on September 9, 2024  /  Last updated at 12:20 on September 9, 2024  / /  Asia Pacific, Biodiversity, Other APAC

A UN agency and the government of the Philippines announced today the launch of an over €100-million project to support local farming communities and protect the country’s fragile ecosystems.

Read More

China to add three sectors to national ETS this year, first compliance deadline set for 2025

Published 11:35 on September 9, 2024  /  Last updated at 11:35 on September 9, 2024  / /  Asia Pacific, China

Cement, steel, and aluminium will be brought into China’s emissions trading scheme this year with the first compliance deadline for the new participants set for the end of 2025, according to a policy draft released Monday.

Read More

Methane leaks from coal mines need more regulation -report

Published 10:51 on September 9, 2024  /  Last updated at 10:51 on September 9, 2024  / /  Asia Pacific, Australia

Methane leaks from Queensland’s many coal mines are not being adequately addressed by the government or Australia’s beefed up Safeguard Mechanism, driving emissions up that should be falling, according to a report from an environmental law firm.

Read More