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New York fiscal watchdog says NYCI design falls short, potential economic impacts $12 bln/yr by 2030

Carbon Pulse - Wed, 2024-10-30 08:35
A state civil non-profit found New York’s proposed cap-and-invest programme, or ‘NYCI’, lacked sufficient analysis of potential fiscal and economic impacts of up to $12 billion per year by 2030, recommending a more robust, publicly available assessment and recalibration of the emissions reduction goal.
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Quebec’s free carbon allocation declines slightly in 2023

Carbon Pulse - Wed, 2024-10-30 08:07
Quebec distributed the remainder of its 2023 free carbon market permits, bringing the annual total slightly down from 2022 volumes as the number of recipients remained unchanged, data released by the province's environment ministry showed.
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COP16: ANALYSIS – Who wants to talk about debt?

Carbon Pulse - Wed, 2024-10-30 07:43
A spat on sovereign debt reform threatens to overheat talks at the ongoing UN biodiversity summit in Cali, as the UK and China have so far strongly opposed calls to address the issue in the final agreement, with potentially grave consequences on developing countries’ ability to effectively tackle the biodiversity crisis, according to experts. 
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COP16: Brazil launches revised national plan to restore 12 mln hectares by 2030

Carbon Pulse - Wed, 2024-10-30 07:14
The Brazilian government launched Monday a revised national plan for the recovery of native vegetation that reaffirms the country's commitment to restore 12 million hectares by 2030.
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COP16: EIB, WWF to provide early-stage funding for nature-based solutions

Carbon Pulse - Wed, 2024-10-30 06:38
The European Investment Bank (EIB) and the WWF on Tuesday announced they will collaborate to mobilise early-stage funding for projects to help adapt to climate change and stave off the biodiversity crisis.
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Ancient oak named after a band is UK Tree of the Year

BBC - Wed, 2024-10-30 05:38
The Skipinnish Oak in Lochaber is thought to be at least 1,000 years old.
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Scotland’s ancient Skipinnish Oak wins UK tree of the year

The Guardian - Wed, 2024-10-30 05:30

Lochaber tree, named after the ceilidh band that discovered it, now in running for European Tree of the Year contest

An ancient oak named after a ceilidh band has won the UK’s tree of the year competition and will now compete in the European edition.

The Skipinnish Oak in Lochaber, Scotland, was discovered by chance by members of the band of that name who were playing a nearby gig for the Native Woodland Discussion Group.

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You can keep your ghosts and ghouls – the ‘Cordyceps’ fungus creates real-life zombies

The Conversation - Wed, 2024-10-30 05:11
Have you heard the gruesome tale of flesh-eating fungus known as Cordyceps? It’s a real-life story of ghosts, mummies and zombies that springs to mind every Halloween. Gregory Moore, Senior Research Associate, School of Agriculture, Food and Ecosystem Sciences, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Nature presenter Chris Packham settles case over axing of green policy

BBC - Wed, 2024-10-30 04:54
The TV presenter says the previous Tory administration was "reckless" to scale back climate policy.
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Nature presenter Chris Packham settles case over axing of green policy

BBC - Wed, 2024-10-30 04:54
The TV presenter says the previous Tory administration was "reckless" to scale back climate policy.
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Wildlife Trusts buy Rothbury estate in largest land sale in England in 30 years

The Guardian - Wed, 2024-10-30 04:02

Charities plan to create flagship for nature recovery on 3,850-hectare portion of estate sold by Duke of Northumberland’s son

The Wildlife Trusts have bought part of the Duke of Northumberland’s son’s estate in the largest land sale in England for 30 years.

Marketed by its estate agents as “a paradise for those with a penchant for sporting pursuits, from world-class fishing on the illustrious River Coquet to pheasant and grouse shooting”, Rothbury estate has now been bought by the federation of charities, which plans to restore it for nature.

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Asset manager launches carbon removal fund to help institutional investors tap in

Carbon Pulse - Wed, 2024-10-30 03:12
A London-based asset manager is launching a carbon removal fund to give institutional investors access to solutions that can deliver investment returns and help them reach net zero emissions, it announced on Tuesday.
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COP16: Electricity company announces Colombian biodiversity credit project

Carbon Pulse - Wed, 2024-10-30 02:50
A Colombian energy transmission company has announced its support for a small voluntary biodiversity credit project in Colombia with the aim of helping open up a market.
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European power prices to extend drop through 2030 as renewables capacity outpaces generation demand -analysts

Carbon Pulse - Wed, 2024-10-30 02:09
European power prices continue to fall from their 2022 record highs and are poised to extend this weakness through the end of the decade, analysts predict.
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COP16: Verra unveils nature framework, plans to list first biodiversity credits in April

Carbon Pulse - Wed, 2024-10-30 02:00
Carbon crediting standard Verra on Tuesday officially unveiled its long-awaited nature framework for the voluntary biodiversity credit market, expecting to register the first batch of projects from April next year.
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Mount Fuji remains snowless for longer than ever before

BBC - Wed, 2024-10-30 01:58
Japan's highest mountain typically gets snow by early October, but there has been unusually warm weather this year.
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ADB issues first biodiversity, nature bond

Carbon Pulse - Wed, 2024-10-30 01:25
The Asian Development Bank (ADB) on Tuesday announced it has issued its first biodiversity and nature bond, with the 10-year issue being purchased by Japanese life insurance company Dai-ichi.
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Environmental data company teams up with MRV tech firm to enhance data product

Carbon Pulse - Wed, 2024-10-30 01:11
An environmental data software firm has partnered with a digital monitoring, reporting, and verification (dMRV) company to enhance their forest carbon data, the companies announced on Tuesday.
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Saudi Arabia to launch compliance carbon market within three years, close behind voluntary market -minister

Carbon Pulse - Wed, 2024-10-30 01:09
Saudi Arabia is looking to launch a national compliance carbon market in the next two to three years, the country’s energy minister revealed on Tuesday.
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