Environmentally harmful subsidies grow to $2.6 trillion per year, study says

Published 11:15 on September 20, 2024  /  Last updated at 11:15 on September 20, 2024  / /  Biodiversity, International

Environmentally harmful subsidies currently stand at no less than $2.6 trillion per year, $800 billion higher than 2022 estimates and equivalent to 2.5% of global gross domestic product (GDP), according to a report released this week.

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Japanese govt, UN agency partner with private sector to scale sustainable coffee in Tanzania

Published 11:09 on September 20, 2024  /  Last updated at 11:09 on September 20, 2024  / /  Africa, Asia Pacific, Biodiversity, EMEA, Japan

A UN agency and the Japanese ministry of agriculture have teamed up with two major national companies to support small-scale coffee producers in Tanzania in implementing sustainable practices.

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Airline operators face future CORSIA compliance risk as Article 6 negotiations drag on -report

Published 10:22 on September 20, 2024  /  Last updated at 10:22 on September 20, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Paris Article 6, Voluntary

Airline operators may struggle to meet compliance requirements under Phase 2 of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which starts in 2027, according to a new report.

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INTERVIEW: Biodiversity credit rebranding into ‘nature asset’ could unlock corporate demand

Published 09:05 on September 20, 2024  /  Last updated at 09:05 on September 20, 2024  / /  Americas, Biodiversity, South & Central

A Brazil-based biodiversity and carbon developer is considering transitioning from a ‘credit’ to a ‘nature asset’ approach in a bid to attract corporate funding, the company told Carbon Pulse.

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AU Market: Bank forecasts ACCU price to climb 50% by next year as Safeguard demand begins to awake

Published 08:00 on September 20, 2024  /  Last updated at 08:00 on September 20, 2024  / /  Asia Pacific, Australia

One of Australia’s largest banks have forecast the price of the country’s carbon credits to double by this time next year.

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Carbon credit platform, French utility subsidiary in partnership to boost transparency, innovation in VCM

Published 07:46 on September 20, 2024  /  Last updated at 07:48 on September 20, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

A France-based carbon crediting platform is teaming up with the subsidiary of a state-owned utility in the country to “promote transparency and innovation” in the voluntary market.

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US investment manager launches venture to earn carbon credits from planting oyster farms

Published 07:09 on September 20, 2024  /  Last updated at 07:09 on September 20, 2024  /  Americas, Nature-based, US, Voluntary

A US-based investment manager has launched a new company with the goal of generating carbon credits through planting 6 million oysters in the Chesapeake Bay.

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INTERVIEW: Either have a market or don’t, Australian project veteran tells government, industry

Published 05:59 on September 20, 2024  /  Last updated at 05:59 on September 20, 2024  / /  Asia Pacific, Australia

A carbon project developer who went public this week over what he sees as a self-serving and nepotistic industry has urged the government to remove so-called flexibility measures under the Safeguard Mechanism.

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Food companies team up to cut emissions in dairy farming

Published 05:26 on September 20, 2024  /  Last updated at 05:26 on September 20, 2024  / /  Asia Pacific, EMEA, Japan

A Japanese food maker has teamed up with a French food group to drive down emissions from dairy farming worldwide by promoting a special feed additive. 

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CP Daily: Thursday September 19, 2024

Published 02:51 on September 20, 2024  /  Last updated at 02:51 on September 20, 2024  / /  Newsletters

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

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