Global investors urge companies to disclose nature-related impacts

Published 14:32 on September 5, 2024  /  Last updated at 14:32 on September 5, 2024  / /  Biodiversity, International

Global investors representing $1.4 trillion in assets under management have called on companies they invest in to urgently disclose their nature-related impacts and address related dependencies.

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UK fund could quadruple its habitat banks over next two years

Published 14:16 on September 5, 2024  /  Last updated at 14:16 on September 5, 2024  / /  Biodiversity, EMEA

Executives at the Evergreen Fund have said they could almost quadruple the land in English habitat banks generating biodiversity net gain (BNG) over the next couple of years up to around 400 hectares, if demand increases, Carbon Pulse has learned.

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S&P sees global carbon markets picking up ‘in all scenarios’

Published 13:58 on September 5, 2024  /  Last updated at 13:58 on September 5, 2024  / /  Americas, CBAM, EMEA, EU ETS, International, Paris Article 6, UK ETS, US, Voluntary

While carbon markets are helping to stem global warming, even a “very strong” energy transformation scenario would only limit global temperature rise to 2.4C, analysts said at a webinar this week.

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Carbon removals are expensive but essential, finds report

Published 12:51 on September 5, 2024  /  Last updated at 12:51 on September 5, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

Corporate financing of carbon removals will be crucial to keeping aligned with Paris Agreement commitments but they are not being deployed at the speed and scale necessary, a working paper from a UK university has argued.

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INTERVIEW: Bioeconomy can help biodiversity credit developers in the Amazon survive lack of demand

Published 12:23 on September 5, 2024  /  Last updated at 12:23 on September 5, 2024  / /  Americas, Biodiversity, South & Central

Implementing a ‘bioeconomy’ approach on biodiversity credit project areas in the Amazon could help developers stay afloat at a time when demand for units has yet to pick up, the founder of a Brazil-based nature tech company has told Carbon Pulse.

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World Bank arm invests $60 mln to decarbonise Indonesia’s second largest steel producer

Published 12:21 on September 5, 2024  /  Last updated at 12:21 on September 5, 2024  / /  Asia Pacific, Carbon Taxes, CBAM, International, Other APAC, Voluntary

The World Bank’s International Finance Corporation (IFC) has provided a loan of $60 million to the second largest steel producer in Indonesia in order to help the firm transition to low-carbon production and drive sector-wide decarbonisation.

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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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