New York state drafts plan to achieve 30×30 biodiversity target
The US state of New York has drafted a plan to advance efforts towards protecting 30% of its land and sea by 2030, saying an additional 1.2 million hectares must be conserved to achieve this target.
Read MoreSaudi university teams up with materials firm to explore carbon removal solution
A materials science company and a research institution based in Saudi Arabia have announced a year-long research and development partnership focused on CO2 removal via concrete, aimed at generating voluntary carbon credits.
Read MoreUPDATE – Europe’s ETS-covered shipping emissions drop 13.7% in 2023
European shipping emissions covered by the bloc’s carbon market dropped 13.7% in 2023 compared to the previous year, in large part due to a reduced demand for energy and general goods from the EU, according to Carbon Pulse analysis of preliminary data published this week.
Read MoreANALYSIS: China ETS allocation plan likely to boost liquidity, add selling pressure among emitters
A carryover mechanism introduced in China’s draft permit allocation plan may help boost liquidity and reduce oversupply in the national carbon market, though the arrangement could result in great selling pressure among Chinese emitters.
Read MoreAustralian govt introduces Future Made, beefed up ARENA legislation to parliament
The federal government introduced its Future Made in Australia legislation to parliament Wednesday, designed in part to unlock some A$22.7 billion ($15.1 bln) in public funding over the next decade to drive investment into industries that will transition the country to net zero emissions and, the government hopes, turn it into a renewable energy superpower.
Read MoreJapanese consortium to pilot urban DAC technology
A group of Japanese companies will pilot a technology that captures CO2 in urban spaces and uses it to grow vegetables and other plants that can be sold on the spot at places like railway stations in one of the country’s biggest cities.
Read MoreSurvey of Australian biodiversity offset sites finds 30% in worse condition than before
A study commissioned by the Australian government on its biodiversity offset sites has found that 30% of the areas surveyed were in worse condition than before the projects started, and found missing, incomplete, and incorrect information in many of the projects’ documentation.
Read MoreKorean power supplier secures government-backed Article 6 biofuel conversion project in Uzbekistan
A South Korean power company has secured a government-backed international carbon project in Uzbekistan, as part of Seoul’s efforts to obtain Paris-aligned carbon credits through expanding partnerships in Central Asia.
Read MoreRising temperatures, increased wildfires signal shifting US climate -report
Rising temperatures and a higher rate of wildfires are among the litany of symptoms of evolving climate patterns in the US, according to the fifth edition of a report published by the Environmental Protection Agency (EPA) on climate change indicators.
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