COP16: Brazil launches revised national plan to restore 12 mln hectares by 2030
The Brazilian government launched Monday a revised national plan for the recovery of native vegetation that reaffirms the country’s commitment to restore 12 million hectares by 2030.
Read MoreCOP16: EIB, WWF to provide early-stage funding for nature-based solutions
The European Investment Bank (EIB) and the WWF on Tuesday announced they will collaborate to mobilise early-stage funding for projects to help adapt to climate change and stave off the biodiversity crisis.
Read MoreEuro Markets: EUAs climb as much as 2% to test significant technical resistance before late slide
European carbon prices resumed the recovery that began late last week, erasing Monday’s loss and surpassing Thursday and Friday’s intraday peaks to set a new eight-week high, as buyers returned to the market and pushed prices close to technical resistance levels, before a late dip amid renewed selling.
Read MoreAsset manager launches carbon removal fund to help institutional investors tap in
A London-based asset manager is launching a carbon removal fund to give institutional investors access to solutions that can deliver investment returns and help them reach net zero emissions, it announced on Tuesday.
Read MoreCOP16: Electricity company announces Colombian biodiversity credit project
A Colombian energy transmission company has announced its support for a small voluntary biodiversity credit project in Colombia with the aim of helping open up a market.
Read MoreEuropean power prices to extend drop through 2030 as renewables capacity outpaces generation demand -analysts
European power prices continue to fall from their 2022 record highs and are poised to extend this weakness through the end of the decade, analysts predict.
Read MoreCOP16: Verra unveils nature framework, plans to list first biodiversity credits in April
Carbon crediting standard Verra on Tuesday officially unveiled its long-awaited nature framework for the voluntary biodiversity credit market, expecting to register the first batch of projects from April next year.
Read MoreADB issues first biodiversity, nature bond
The Asian Development Bank (ADB) on Tuesday announced it has issued its first biodiversity and nature bond, with the 10-year issue being purchased by Japanese life insurance company Dai-ichi.
Read MoreEnvironmental data company teams up with MRV tech firm to enhance data product
An environmental data software firm has partnered with a digital monitoring, reporting, and verification (dMRV) company to enhance their forest carbon data, the companies announced on Tuesday.
Read MoreFII24: Saudi Arabia to launch compliance carbon market within three years, close behind voluntary exchange -minister
Saudi Arabia is looking to launch a national compliance carbon market in the next two to three years, the country’s energy minister revealed on Tuesday.
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