New UK FCA rules for oil, gas, and mining companies putting investors at risk, say experts

Published 12:15 on September 18, 2024  /  Last updated at 12:15 on September 18, 2024  / /  EMEA

New UK Financial Conduct Authority (FCA) rules for oil, gas, and mining companies are inadequate on climate and are putting investors at risk, experts said during a webinar on Wednesday.

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Voluntary carbon organisations launch coalition to target CEOs

Published 12:03 on September 18, 2024  /  Last updated at 12:03 on September 18, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

A group of around 20 voluntary carbon organisations have launched a communications push to promote  the use of credits towards corporate net zero goals, specifically targetting the CEOs of potential buyers.

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Tech firm buys 1.3 mln reforestation credits from Brazil, with option for another 2.6 mln

Published 12:02 on September 18, 2024  /  Last updated at 12:02 on September 18, 2024  / /  Americas, Nature-based, South & Central, US, Voluntary

One of the giants of the tech world has agreed to buy 1.3 million reforestation credits in Brazil, with the option to acquire an extra 2.6 mln units.

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London-based carbon accounting startup raises $7 mln

Published 12:02 on September 18, 2024  /  Last updated at 12:02 on September 18, 2024  / /  Asia Pacific, EMEA, International, Other APAC, Voluntary

A carbon accounting startup with offices in London, Singapore, and Japan has raised $7 million in a seed funding round, according to an announcement on social media.

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Nature intelligence firm raises $1.2 mln to advance biodiversity risk reporting

Published 11:05 on September 18, 2024  /  Last updated at 11:05 on September 18, 2024  / /  Americas, Biodiversity, International, US

A US-based nature intelligence company announced Tuesday it has secured $1.2 million in seed funding to expand its platform aimed at supporting companies in assessing biodiversity-related risks.

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Japanese companies introduce all-in-one service for J-Credit generation and purchase

Published 11:00 on September 18, 2024  /  Last updated at 11:00 on September 18, 2024  / /  Asia Pacific, Japan, Voluntary

A group of Japanese companies have teamed up to launch a joint business that can simplify the process of carbon credit generation under the domestic voluntary scheme and secure buyers in the early stages.

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VC firm wrangles angel investors for $2.1 mln in funding for Indonesian blue carbon player

Published 10:56 on September 18, 2024  /  Last updated at 10:56 on September 18, 2024  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

An Indonesian nature-based carbon project developer has taken in $2.1 million in seed funding from angel investors after a successful round led by one of the nation’s only venture capital funds.

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Queensland coal miner granted state funding to cut emissions

Published 09:26 on September 18, 2024  /  Last updated at 09:26 on September 18, 2024  / /  Asia Pacific, Australia

A Queensland coal company covered by the Safeguard Mechanism has been granted funding from a state government initiative to cut carbon emissions from its operations.

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Analysts say China climate policy is highly insufficient

Published 09:11 on September 18, 2024  /  Last updated at 09:11 on September 18, 2024  / /  Asia Pacific, China

China is not meeting its fair share contribution to climate change mitigation, even though record rates of renewable deployment are on the verge of meeting growing energy demand, according to analysis published this week.

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CP Daily: Tuesday September 17, 2024

Published 09:07 on September 18, 2024  /  Last updated at 09:07 on September 18, 2024  /  Newsletters

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

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