Investment firm, startup secure UK Space Agency funding to integrate satellite data into natural capital strategies

Published 22:15 on September 1, 2024  /  Last updated at 01:17 on September 2, 2024  /  EMEA, Nature-based, Voluntary

A British-based investment firm has teamed up with a climate tech startup to secure a grant from the UK Space Agency (UKSA) to fund a project that incorporates satellite data into natural capital investment decisions.

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Paraguay translating carbon markets law into regulation

Published 21:09 on September 1, 2024  /  Last updated at 21:11 on September 1, 2024  / /  Americas, Carbon Taxes, Nature-based, South & Central, Voluntary

On the heels of passing its 2023 carbon markets bill, the government of Paraguay has held participatory stakeholder workshops to translate the law into a practicable framework and to receive feedback on draft regulation.

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International development bank opens call for proposals to design Argentina cap-and-trade system

Published 00:05 on September 1, 2024  /  Last updated at 00:05 on September 1, 2024  / /  Americas, Carbon Taxes, South & Central

An international development bank this week invited expressions of interest to provide consulting services for a project to design a cap-and-trade system for Argentina.

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Aerospace giant to acquire British-based climate tech startup targeting aviation emissions

Published 23:46 on August 31, 2024  /  Last updated at 01:53 on September 2, 2024  /  Americas, Aviation/CORSIA, EMEA, International, Voluntary

A major US-based aerospace firm has agreed to acquire a British climate tech startup focussed on reducing the environmental impact of aviation.

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BRICS countries agree to partner on carbon market development

Published 20:59 on August 31, 2024  /  Last updated at 20:59 on August 31, 2024  / /  Africa, Americas, Asia Pacific, Carbon Taxes, CBAM, EMEA, International, Middle East, South & Central, Voluntary

Representatives from the BRICS bloc of emerging economies on Friday agreed to work together on carbon markets.

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Aon, Future Climate partner to protect Brazil REDD investments with new insurance solutions

Published 14:04 on August 31, 2024  /  Last updated at 14:04 on August 31, 2024  /  Americas, Nature-based, South & Central, Voluntary

Global insurance and reinsurance broker Aon has unveiled a partnership with Brazil-based developer Future Climate, aiming to bolster the voluntary carbon market (VCM) by integrating robust insurance mechanisms and quality standards into REDD projects in the country.

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Scientist offers recommendations to strengthen Washington state’s offset protocol

Published 02:14 on August 31, 2024  /  Last updated at 02:14 on August 31, 2024  / /  Americas, US

A scientist from a US non-profit research group on Thursday detailed several suggestions to strengthen Washington’s offset protocol, including considerations for programme eligibility and definitions related to reversals.

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NASA study finds Canadian wildfires risk carbon uptake potential of nation’s forests

Published 01:42 on August 31, 2024  /  Last updated at 01:42 on August 31, 2024  / /  Americas, Canada, Nature-based, Voluntary

A NASA-funded study has highlighted concerns about the durability of Canada’s forests to serve as carbon sinks after analysing emissions from the country’s 2023 wildfires.

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Iowa regulators issue CO2 pipeline permit with conditions

Published 00:34 on August 31, 2024  /  Last updated at 00:34 on August 31, 2024  / /  Americas, US, Voluntary

The Iowa Utilities Board (IUB) this week issued a construction permit for a proposed CO2 pipeline, but laid out additional conditions that must be met before the controversial project can proceed.

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Financials extend V25 CCA migration while traders trim RGGI, WCA positions into Q3 auction

Published 00:22 on August 31, 2024  /  Last updated at 00:22 on August 31, 2024  / /  Americas, Canada, US

An ongoing migration by financial entities to V25 California Carbon Allowance (CCA) holdings continued for another week, while compliance and speculators trimmed length in RGGI Allowances (RGAs) and Washington Carbon Allowances (WCAs) heading into Q3 auctions next week, according to data from the US Commodity Futures Trading Commission (CFTC).

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