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Global carbon markets expanded for a fifth straight year in 2023, though the 2% annual growth rate was significantly slower compared to the prior year, analysts said.

California should initiate a process of linkage with Washington’s carbon market, undertake a series of reforms in its greenhouse gas (GHG) accounting, keep affordability of emissions reductions in mind, and outline carbon management guardrails to achieve its statewide GHG reduction goals, an annual ARB watchdog report published Friday argued.

In 1984 the presence of dinosaur fossils in Scotland was confirmed for the first time.

California fires have burned through nearly a third of ARB’s offset buffer pool reserves intended to compensate for losses from wildfires for 100 years, researchers said in a blog post Thursday, adding to a string of similar concerns voiced over the years.

An Italian decarbonisation technology firm has joined forces with a US-headquartered ocean carbon capture startup and a European energy major to launch a pilot removals project in Norway.

Collapse in system of currents that helps regulate global climate would be at such speed that adaptation would be impossible

The circulation of the Atlantic Ocean is heading towards a tipping point that is “bad news for the climate system and humanity”, a study has found.

The scientists behind the research said they were shocked at the forecast speed of collapse once the point is reached, although they said it was not yet possible to predict how soon that would happen.

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A Toronto-headquartered voluntary carbon credit financier announced Friday that it has signed a streaming agreement for some 92,000 credits with a Seattle-based reforestation company.

Many hotels in Baku have paused selling rooms for this year’s COP29 climate summit, triggering fears of imminent, government-mandated price hikes, while costs to book other accommodations have skyrocketed.

European ambassadors decided to postpone a vote, scheduled for Friday, on a bill setting due diligence rules for large companies, including an obligation to adopt Paris Agreement-aligned climate plans.

Members of a joint European Parliament committee will vote on rules regulating the use of carbon credits by EU companies next week, including whether those from schemes outside the bloc will be accepted, according to a draft document seen by Carbon Pulse.

The sale of different ecosystem services from the same piece of land, known as ‘stacking’, could be a key way for farmers to maximise their returns via the UK biodiversity net gain (BNG) scheme when managed correctly, a lawyer has said.

Barclays will end direct finance to upstream oil and gas expansion projects and require energy clients to set methane reduction targets under its latest climate statement, though critics say the plan doesn't go far enough.

A voluntary carbon removals standard has updated its rules in a bid to align with the UN's CORSIA international aviation offsetting scheme as well as the Integrity Council for Voluntary Carbon Markets (ICVCM)’s stamp of quality, the company announced.

The recent long-term liquefied natural gas (LNG) supply deal between QatarEnergy and India’s Petronet will increase the South Asian nation’s dependence on fossil fuel imports, though it will help India ensure its energy security, according to experts.

Ghana will press ahead with its own calculation for crediting emissions reductions from cookstoves projects by the end of the second quarter, the African country revealed this week, in a move that could clash with UN plans to create a global carbon standard for the thorny issue.

The Global Biodiversity Framework Fund (GBFF) Council has set out the rules for allocating resources to nature conservation projects, taking a major step forward in enabling the fund to run in full swing.

Some voluntary carbon programmes are "very close" to being approved by the UN's aviation body ICAO for the first phase of its CORSIA international offsetting scheme, the chair of a technical body said on Friday.

Scientist wins award against conservative writers who said his work was ‘fraudulent’ and that he ‘molested and tortured’ data

The high-profile climate scientist Michael Mann has been awarded $1m by a jury in a defamation lawsuit against two conservative writers who compared his depictions of global heating to the work of a convicted child molester.

The case stretches back 12 years. In a statement posted on Mann’s X account, one of his lawyers said: “Today’s verdict vindicates Mike Mann’s good name and reputation. It also is a big victory for truth and scientists everywhere who dedicate their lives answering vital scientific questions impacting human health and the planet.”

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A new venture looking to quantify social impact using a similar model to the voluntary carbon market says that placing an economic value on positive social outcomes would help companies identify the best projects and accurately report their environmental impact.

The IUCN Red List of Ecosystems can play a critical role in monitoring the progress of biodiversity conservation and restoration as it addresses 16 of the 23 Global Biodiversity Framework (GBF) targets, a new study has shown.