Indonesia’s decision to reopen sea sand export will lead to blue carbon crisis, destroy marine ecosystems -think tank
The Indonesian government’s decision to reopen sea sand export is likely to plunge the Southeast Asian nation into a blue carbon crisis, and harm its marine biodiversity, a report released this week has warned.
Read MoreUS market infrastructure provider acquires LCFS, REC businesses
A US environmental commodities platform provider announced Thursday the acquisition of a revenue management company’s Low Carbon Fuel Standard (LCFS) and Renewable Energy Certificate (REC) services.
Read More‘We are in deep shit’: EU steelmakers turn to Brazil for green iron, hoping to safeguard European jobs
Importing Brazilian iron briquettes made with green hydrogen could reduce carbon emissions by 80% and help the EU’s industry meet its climate target for 2030 while avoiding a social bloodbath, according to the European steel industry association.
Read MoreANALYSIS: Article 6 can supplement finance goals at COP29
Article 6 is meant to create a UN carbon crediting and trading system, but it can also support adaptation and the overarching New Collective Quantified Goal (NCQG) financing target at COP29, experts have told Carbon Pulse.
Read MoreUK waste-to-energy operator rolls out carbon measurement technology
A UK waste-to-energy operator is set to launch a new carbon measurement technology across its operational facilities by the end of the year, it announced on Thursday.
Read MoreINTERVIEW: African REDD project fights for survival after credit prices crashed
A huge REDD project in Kenya is fighting for survival after credit prices crashed in the wake of an investigation by the standard body Verra into allegations of sexual impropriety and improper employment practices.
Read MoreBrazilian fertiliser, ERW producer renegotiates loans amid extreme weather crisis
A Brazilian fertiliser producer that utilises enhanced rock weathering (ERW) to sequester CO2 has renegotiated loans with its two largest creditors, according to a press release.
Read MoreAI model predicts marine biodiversity hotspots in Mozambique’s unmapped areas
Researchers have used artificial intelligence (AI) to identify previously unmapped high marine biodiversity areas off the coast of Mozambique, paving the way for expanding the national network of marine protected areas (MPAs) and key biodiversity areas (KBAs).
Read MoreEU biodiversity negotiator shares concerns on nature credits in meeting ahead of COP16
Nature markets took centre stage on Tuesday at the European Parliament’s environment (ENVI) committee meeting, with an EU biodiversity negotiator sharing concerns raised by some MEPs about the role of biodiversity credits in plugging the nature finance gap.
Read MoreEmployers’ group urges EU to ‘reconsider’ phase out of free ETS allowances
BusinessEurope, an umbrella group representing national employer’s organisations, has called on policymakers to “reconsider” the planned phase out of free allowances under the EU’s Emissions Trading System (EU ETS), saying Europe should “be prepared” in case its new carbon border tariff scheme fails to deliver.
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