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Pollination plans blended regenerative agriculture fund worth billions

Carbon Pulse - Sat, 2024-02-17 00:48
Plans for a blended finance regenerative agriculture facility that could raise billions of dollars are underway, led by Pollination and the Green Climate Fund, Carbon Pulse has learned.
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First lockdown, then the voice, now renewables? Anti-government groups find new energy in environment battles

The Guardian - Sat, 2024-02-17 00:00

Protests against Australia’s transition to renewable power have attracted a wide coalition of interests, from mainstream parties to the wild shores of conspiracy

The protest signs at last week’s rally against renewables in Canberra spoke of hyperlocal concerns – but also cabals and plots of global proportion.

Some spoke of immediate worries linked to environmental policies: “Oberon betrayed by state forestry”; and “Say no to Twin Creek wind farm”.

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Biochar carbon credit prices to fall despite growing demand, say analysts

Carbon Pulse - Fri, 2024-02-16 23:39
Prices of biochar carbon credits are slated to shrink over the next two years despite growing demand, mainly due to increasing supply and competition, according to analysts.
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EU approves billions in state aid to decarbonise ETS-covered German industrials

Carbon Pulse - Fri, 2024-02-16 23:23
Brussels has approved billions in state aid for Germany's energy-intensive industries covered by the EU ETS to help them reduce greenhouse gas emissions in production processes.
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Global tree-planting initiatives drive massive biodiversity loss in African savannas, study finds

Carbon Pulse - Fri, 2024-02-16 23:16
Misguided forest restoration initiatives are damaging ancient grassy habitats in Africa and beyond due to incorrect classification of ecosystems, putting biodiversity in an area bigger than France at risk, a study has found.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-02-16 22:16
EU carbon permit prices gave up all of Thursday's gains in the final morning session of the week as the previous day's short squeeze came to an end and buyers stepped back, while the slow and steady selling that has characterised the market for the last two weeks resumed.
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Swedish Article 6 carbon project in Ghana broadens scope to raise performance

Carbon Pulse - Fri, 2024-02-16 22:01
The Swedish Energy Agency’s (SEA) Ghanaian partner has broadened the scope of its Article 6 mitigation project after realising that the original plans would produce insufficient emissions reductions, the CEO of the company told television media.
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RWE posts 26% annual drop in EU ETS-covered fossil burn

Carbon Pulse - Fri, 2024-02-16 21:31
German energy company RWE has reported a huge year-on-year decline in fossil power generation covered by the EU ETS, in preliminary output data for 2023 released this week, while its renewable electricity production surged.
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FEATURE: Voluntary carbon insurers move in to de-risk the market

Carbon Pulse - Fri, 2024-02-16 20:24
A nascent industry providing insurance for carbon projects and credits is gathering momentum, aiming to shore up the integrity of the voluntary carbon market by managing risk for buyers, project investors, and developers alike.
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South Korea’s REDD+ promotion law to enter into force

Carbon Pulse - Fri, 2024-02-16 20:22
A regulation supporting South Korea's engagement in overseas forestry projects will become effective on Saturday, as Seoul seeks to secure more forest-derived carbon credits from developing countries.
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Weather tracker: Flash flooding in Oman and record temperatures in Western Australia

The Guardian - Fri, 2024-02-16 19:14

Four people died after heavy rain in the Middle Eastern country, which is one of the driest in the world

Abnormally high rainfall hit Oman and the United Arab Emirates on Monday, with heavy downpours and thunderstorms rolling in from the north-east. The two countries are among the driest in the world, with large parts of both typically receiving less than 100mm of rainfall each year. However, on Monday 50-100mm of rainfall was widely reported across eastern UAE and northern Oman, with a highest total of 140mm in Dibba, a city in the far north of Oman that lies on its border with the UAE. Some thunderstorms were accompanied by hail, with a particularly heavy shower in Abu Dhabi leaving the streets blanketed in hailstones, some of which were almost the size of golf balls.

Flooding was widespread, with flash flooding proving particularly dangerous in Oman’s mountainous regions. More than 100 people had to be rescued, many from stranded vehicles, while four fatalities were confirmed. Three stages of the Tour of Oman cycling race were curtailed due to landslides on some climbs. The UAE was less badly affected, but some schools were closed, while an official visit to Dubai by Narendra Modi, the prime minister of India, was scaled down.

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Major asset managers leave investor climate group

Carbon Pulse - Fri, 2024-02-16 18:59
Two of the world's largest asset managers, JPMorgan Asset Management and State Street Global Advisors, have announced their departure from an investor group focused on pressuring companies to address global warming, while BlackRock is stepping back as a corporate member, they said this week.
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Groups call on Philippines to restore degraded mangrove forests

Carbon Pulse - Fri, 2024-02-16 18:36
A letter signed by multiple environmental groups has called on the Philippine government to restore mangrove forests at unproductive fishponds as mandated by domestic laws to mitigate the adverse impacts of climate change.
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The week in wildlife – in pictures: a bone-crunching turtle, golfing giraffes and goofy gorillas

The Guardian - Fri, 2024-02-16 18:00

The best of this week’s wildlife photographs from around the world

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Australia to go “toe-to-toe” with US IRA, prime minister says

Carbon Pulse - Fri, 2024-02-16 17:57
Australia plans its own climate infrastructure strategy similar to the US’s Inflation Reduction Act (IRA) to help meet its emissions reduction and renewable energy targets.
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Death toll rises to seven in Malawi elephant relocation project linked to Prince Harry

The Guardian - Fri, 2024-02-16 17:00

The animal translocation scheme by wildlife NGOs including African Parks, once headed by the royal, has been dogged by controversy

Four more people have died after an elephant translocation overseen by two wildlife organisations, including one that was headed by Prince Harry, in a protected area in Malawi. The recent deaths bring the total fatalities connected to the relocated elephants to seven.

In July 2022, more than 250 elephants were moved from Liwonde national park in southern Malawi to the country’s second-largest protected area, Kasungu, in a three-way operation between Malawi’s national park service and two NGOs: the International Fund for Animal Welfare (Ifaw), and African Parks. Prince Harry was president of African Parks for six years, before being elevated to the board of directors from 2023.

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Farmers are in revolt and Europe’s climate policies are crumbling. Welcome to the age of ‘greenlash’ | Paul Taylor

The Guardian - Fri, 2024-02-16 17:00

Brussels is ditching green measures as EU leaders panic over rural protests, upcoming elections and the threat of the far right

Ursula von der Leyen surrendered to angry farmers last week faster than you could shake a pitchfork or dump a tractor-load of manure outside the European parliament. The European Commission president, expected to announce her candidacy for a second term heading the EU executive next week, told lawmakers that the commission was withdrawing a bill to halve the use of chemical pesticides by 2030 and would hold more consultations instead.

The proposed measure was a key plank in the commission’s European Green Deal and its Farm to Fork strategy, intended to make the EU carbon-neutral by 2050, make agriculture more environmentally friendly and preserve biodiversity.

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NZ Market: NZU price sinks lower as tongues wag over March auction settings

Carbon Pulse - Fri, 2024-02-16 15:40
The NZU price dipped lower on Friday as speculation continues about whether or not the government will adjust the confidential reserve price settings in the upcoming March auction in a bid to raise cash.
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Australians are washing microplastics down the drain and it’s ending up on our farms

The Conversation - Fri, 2024-02-16 14:57
We sampled sewage sludge from 13 wastewater treatment plants across three states. We found every resident adds microplastics to farmland, in dried sewage sludge (biosolids) used as fertiliser. Shima Ziajahromi, Advance Queensland Research Fellow, Griffith University Frederic Leusch, Professor of Environmental Science, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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