Fintech startup ties up with Dubai marketplace to sell asset class carbon credits

Published 12:09 on September 5, 2024  /  Last updated at 12:09 on September 5, 2024  / /  EMEA, Middle East, Nature-based, Voluntary

A startup focused on exchange-traded carbon investments has tied up with a Dubai-headquartered e-marketplace firm to offer voluntary credits to its clients.

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Brazilian startup releases pre-print biodiversity credit methodology for endangered species

Published 11:37 on September 5, 2024  /  Last updated at 11:37 on September 5, 2024  / /  Americas, Biodiversity, International, South & Central

A Brazilian startup released on Wednesday the first version of its biodiversity credit methodology for endangered species, predominantly focused on plants, after implementing a two-month trial on a small private land area.

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Japan provides $93 bln to support global oil and gas projects over past decade, study says

Published 11:36 on September 5, 2024  /  Last updated at 11:37 on September 5, 2024  / /  Asia Pacific, International, Japan, Other APAC

Japanese public financial institutions provided a staggering $93 billion in support for overseas oil and gas projects over the last decade, four times larger than that provided for clean energy projects, a report has found.

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Investors ask chemical company to avoid wetland mining

Published 11:29 on September 5, 2024  /  Last updated at 11:31 on September 5, 2024  / /  Biodiversity, International

Some 20 investors managing $695 billion in assets collectively have asked a chemical company to avoid mining a wetland in the US for titanium, in a letter on Tuesday.

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EU’s Ribera calls for doubling investment in electricity grids

Published 10:32 on September 5, 2024  /  Last updated at 10:32 on September 5, 2024  / /  EMEA

The Spanish ecological transition minister, who is widely tipped for the European Commission’s climate portfolio, has highlighted the importance of ramping up investments in electricity grids to support the green transition.

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AU Market: Forward ACCU prices yet to factor in fundamental Safeguard demand drivers, analysis says

Published 09:43 on September 5, 2024  /  Last updated at 10:40 on September 5, 2024  / /  Asia Pacific, Australia

The mismatch between forward prices displayed in Australia’s carbon market and projected price increases is a result of fundamental demand drivers failing to be factored into the market, according to analysis published Thursday.

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South Korea and Japan to launch global working group on carbon-free energy

Published 09:38 on September 5, 2024  /  Last updated at 09:38 on September 5, 2024  / /  Asia Pacific, Japan, South Korea

South Korea and Japan have decided to extend their collaboration and launch a global working group on the development of carbon-free energy.

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Malaysia targets net zero emissions from aviation by 2050

Published 09:37 on September 5, 2024  /  Last updated at 15:33 on September 5, 2024  / /  Asia Pacific, Aviation/CORSIA, International, Other APAC, Voluntary

The Malaysian government has released a decarbonisation blueprint for its aviation sector, targeting net zero emissions by 2050, it announced Thursday.

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IBAC introduces carbon offset marketplace for aviation companies

Published 06:33 on September 5, 2024  /  Last updated at 06:33 on September 5, 2024  / /  Aviation/CORSIA, International, Voluntary

The International Business Aviation Council (IBAC) has introduced a new platform for aviation companies to purchase offsets through a renewed partnership with a voluntary carbon exchange.

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Climate Change Authority’s sectoral pathway report calls for greater coordination to achieve Australia’s transition

Published 02:57 on September 5, 2024  /  Last updated at 02:57 on September 5, 2024  / /  Asia Pacific, Australia

Australia’s Climate Change Authority (CCA) has published a sectoral pathway report on how the country can reach net zero emissions by 2050, recommending its Safeguard Mechanism and carbon crediting schemes be expanded to help better coordinate the transition.

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