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Sub-Antarctic marine park expansion welcomed but scientists say some areas important to penguins and seals missed out on sanctuary-level protection

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The environment minister, Tanya Plibersek, has declared Australia will soon protect more ocean than any other country after the government finalises a more than 300,000 square kilometre expansion of a sub-Antarctic marine park.

Speaking ahead of what was billed as a global nature positive summit starting in Sydney on Tuesday, Plibersek confirmed the Heard and McDonald Island Marine Park about 4,000 km south-west of Perth would quadruple in size.

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Europe's markets authority said it had not found any "significant issues" in the functioning of the EU ETS during 2023 and did not make any recommendations for additional regulation, in its first annual report on the market published on Monday.

The new European Commission headed by Ursula von der Leyen has a wide range of new climate initiatives in store for the next five years, according to the mission letters she sent to her team of 26 commissioners-designate.

Total declared salmon catch estimated at 5,399 fish, down from 6,952 in 2022 – and 20,000 in years up to 2017

Salmon numbers in England and Wales last year were the lowest on record, figures show, as pollution and climate breakdown are killing off the endangered fish.

A report from the Environment Agency and Cefas shows Atlantic salmon stocks in England and Wales have dropped to their lowest level since records began in 1997.

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The metric used for implementing England's biodiversity net gain (BNG) policy does not accurately capture invertebrate biodiversity abundance, a pre-print paper has suggested.

An India state has partnered with the biggest development bank in the country to generate additional carbon credit revenue for smallholder farmers by reducing GHG emissions, the state government has announced.

BP has reportedly abandoned its goal to cut oil and gas output by a quarter by 2030 and is instead eyeing investments to scale up output, as management resets the company's energy transition strategy in a bid to regain investor confidence.

European carbon prices dropped sharply from the opening on Monday, reaching a new six-month low before stabilising just above a key psychological and technical level, as the market continued to face up to bearish fundamentals.

Heavy industry on both sides of the Atlantic pinned decarbonisation hopes on clean Brazilian electricity, Peru promised voluntary carbon market (VCM) expansion, and Argentina’s VCM progressed in two sectors in the week ending Oct. 6.

An environment ministry committee has finalised rate recommendations for Taiwan’s upcoming carbon levy scheme, with a starting price of NT$300 ($9.32) per tonne of CO2e for regulated emitters on the island.

The inaugural Global Nature Positive Summit is a big deal – and it comes at a crucial time: biodiversity loss and ecosystem collapse is one of the biggest threats the world faces.

The post Australia is hosting a world-first “nature positive” summit. What is it, and why does it matter? appeared first on RenewEconomy.

An initiative to generate biodiversity credits across more than 300,000 hectares in Uganda and Zambia has been speaking with authorities about creating enabling policy, Carbon Pulse has learned.

US scientists Victor Ambros and Gary Ruvkun helped explain how genes work inside the human body.

A machine that can extract nearly 100% of materials from end-of-life solar modules powers up as rock bottom Chinese solar prices collapse the export market for second-hand Australian panels.

The post Solar recycling machine powers up as key export market closes to used Australian panels appeared first on RenewEconomy.

The body mandated to shape the UN's Article 6.4 carbon crediting mechanism has adopted a sustainable development tool, as it also scrambles to ready guidance ahead of COP29 next month.

In order to scale, the voluntary carbon sector must shift its approach, adopt a more conservative stance to crediting, and move past the “the myth of fungibility”, a senior executive at Amazon told Carbon Pulse.

Manufacturers across the globe are bracing for new ecodesign reporting obligations in Europe, with full disclosure of the carbon content and wider environmental footprint of products soon becoming obligatory for any company placing goods on the EU market.

World Meteorological Organization says water is ‘canary in the coalmine of climate change’ and calls for urgent action

Rivers dried up at the highest rate in three decades in 2023, putting global water supply at risk, data has shown.

Over the past five years, there have been lower-than-average river levels across the globe and reservoirs have also been low, according to the World Meteorological Organization’s (WMO) State of Global Water Resources report.

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An Australia-headquartered energy firm has teamed up with a Japanese government affiliate to collaborate on improving methane emissions management with new technology.

The price of Australian Carbon Credit Units (ACCUs) has reversed the gains it made last month which saw a record 4.1 million units traded, according to analysis.