Respondents describe NZ govt’s Emissions Reduction Plan as high risk, low ambition

Published 07:43 on August 30, 2024  /  Last updated at 07:43 on August 30, 2024  / /  Asia Pacific, New Zealand

Formal submissions to New Zealand’s draft second Emissions Reduction Plan (ERP) have described it as being high in risk and low in ambition, and unlikely to achieve even the modest goals it sets.

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UN pact reintroduces key fossil fuel transition language after backlash

Published 07:39 on August 30, 2024  /  Last updated at 07:39 on August 30, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International

Governments have listened to angry calls from a group including multiple Nobel laureates to reintroduce language to a key UN draft pact that explicitly addresses the threat of fossil fuels, after the previous iteration had removed all mention of coal, oil, and gas from the text.

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Taiwan emitters to pay carbon levy from 2026, exact rates to be determined October

Published 04:21 on August 30, 2024  /  Last updated at 04:21 on August 30, 2024  / /  Asia Pacific, Other APAC

Emitters under Taiwan’s upcoming carbon levy scheme will have to officially pay for their emissions from 2026, according to a set of regulations announced by the environment ministry.

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CP Daily: Thursday August 29, 2024

Published 01:57 on August 30, 2024  /  Last updated at 01:57 on August 30, 2024  /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

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US ag tech firm announces $10 mln Series A raise

Published 01:12 on August 30, 2024  /  Last updated at 01:12 on August 30, 2024  / /  Americas, Nature-based, US, Voluntary

A US-based agricultural technology firm that quantifies soil carbon announced Thursday the completion of an initial close of $10 million in Series A investment.

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WCI Markets: Post-auction relief rally extends in CCAs

Published 00:45 on August 30, 2024  /  Last updated at 00:45 on August 30, 2024  / /  Americas, Canada, US

California Carbon Allowance (CCA) prices raced higher over the week on sizeable futures and options activity, while Washington Carbon Allowances (WCA) steadied ahead of next week’s permit sale.

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Belize poised for $31 mln World Bank deal to include blue carbon

Published 00:15 on August 30, 2024  /  Last updated at 00:15 on August 30, 2024  / /  Americas, Aviation/CORSIA, International, Nature-based, Paris Article 6, South & Central, Voluntary

A Belizean project is undergoing appraisal with the World Bank, positioning the country for a financing package of $30.96 million that includes blue economy and carbon market development.

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VCMI opens consultation on its Scope 3 Emissions Guidance amid plea for the SBTi to follow suit

Published 18:45 on August 29, 2024  /  Last updated at 18:45 on August 29, 2024  / /  International, Voluntary

The Voluntary Carbon Markets Integrity Initiative (VCMI) officially launched a public consultation on its Beta Scope 3 Emissions Guidance on Thursday, with the VCMI executive director expressing hope that SBTi would align with its carbon crediting guidance.

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COP29 president asks parties to support transparency framework with early submissions

Published 18:37 on August 29, 2024  /  Last updated at 18:37 on August 29, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International

The incoming Azerbaijan presidency of the COP29 climate conference on Thursday distributed a letter to all parties and observers encouraging early submission of climate progress reports to help accelerate the newest UNFCCC transparency framework.

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Regional Principal Carbon Specialist, BioCarbon Partners (BCP) – Zambia

Published 18:10 on August 29, 2024  /  Last updated at 18:10 on August 29, 2024  /  Job Postings

BCP is recruiting a Regional Principal Carbon Specialist to support BCP in a new phase of project development, conservation technology developments, and impact monitoring.

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