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World Bank arm invests $60 mln to decarbonise Indonesia’s second largest steel producer

Carbon Pulse - Thu, 2024-09-05 21:21
The World Bank’s International Finance Corporation (IFC) has provided a loan of $60 million to the second largest steel producer in Indonesia in order to help the firm transition to low-carbon production and drive sector-wide decarbonisation.
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Fintech startup ties up with Dubai marketplace to sell asset class carbon credits

Carbon Pulse - Thu, 2024-09-05 21:09
A startup focused on exchange-traded carbon investments has tied up with a Dubai-headquartered e-marketplace firm to offer voluntary credits to its clients.
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Brazilian startup releases pre-print biodiversity credit methodology for endangered species

Carbon Pulse - Thu, 2024-09-05 20:37
A Brazilian startup released on Wednesday the first version of its biodiversity credit methodology for endangered species, predominantly focused on plants, after implementing a two-month trial on a small private land area.
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Japan provides $93 bln to support global oil and gas projects over past decade, study says

Carbon Pulse - Thu, 2024-09-05 20:36
Japanese public financial institutions provided a staggering $93 billion in support for overseas oil and gas projects over the last decade, four times larger than that provided for clean energy projects, a report has found.
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Investors ask chemical company to avoid wetland mining

Carbon Pulse - Thu, 2024-09-05 20:29
Some 20 investors managing $695 billion in assets collectively have asked a chemical company to avoid mining a wetland in the US for titanium, in a letter on Tuesday.
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Anti-pollution law to threaten water bosses with jail

BBC - Thu, 2024-09-05 19:40
New legislation gives regulators more powers to tackle water pollution in England and Wales.
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EU’s Ribera calls for doubling investment in electricity grids

Carbon Pulse - Thu, 2024-09-05 19:32
The Spanish ecological transition minister, who is widely tipped for the European Commission’s climate portfolio, has highlighted the importance of ramping up investments in electricity grids to support the green transition.
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AU Market: Forward ACCU prices yet to factor in fundamental Safeguard demand drivers, analysis says

Carbon Pulse - Thu, 2024-09-05 18:43
The mismatch between forward prices displayed in Australia's carbon market and projected price increases is a result of fundamental demand drivers failing to be factored into the market, according to analysis published Thursday.
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South Korea and Japan to launch global working group on carbon-free energy

Carbon Pulse - Thu, 2024-09-05 18:38
South Korea and Japan have decided to extend their collaboration and launch a global working group on the development of carbon-free energy.
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Malaysia targets net zero emissions from aviation by 2050

Carbon Pulse - Thu, 2024-09-05 18:37
The Malaysian government has released a decarbonisation blueprint for its aviation sector, targeting net zero emissions by 2050, it announced Thursday.
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Urgent review of Woodside billion-dollar WA gas project needed to protect threatened snake, government advisers say

The Guardian - Thu, 2024-09-05 17:50

Dusky sea snake was placed on threatened species list this week and is known only to exist on a small number of reefs off the Kimberley coastline

Conservation scientists advising the federal government have called for fossil fuel activity in the location of Woodside’s proposed multibillion gas project to be urgently reviewed to protect the stronghold of an endangered sea snake.

The dusky sea snake, Aipysurus fuscus, was placed on the country’s threatened species list this week and is known only to exist on a small number of reefs off the Western Australia Kimberley coastline.

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IBAC introduces carbon offset marketplace for aviation companies

Carbon Pulse - Thu, 2024-09-05 15:33
The International Business Aviation Council (IBAC) has introduced a new platform for aviation companies to purchase offsets through a renewed partnership with a voluntary carbon exchange.
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Australia may delay release of 2035 climate target as world awaits outcome of US election

The Guardian - Thu, 2024-09-05 14:48

Experts urge Australia not to delay target too long as report by Climate Change Authority identifies six barriers to net zero

The Australian government may delay the announcement of a 2035 climate target until after the February deadline and beyond the next election, in part due to uncertainty about the ramifications of the US presidential election.

Some big emitting countries are lagging in developing their 2035 emissions reduction targets, which under the Paris climate agreement are due before the UN climate summit in Belém, Brazil, in November next year.

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Conservative governments protect more land while socialists and nationalists threaten more species

The Conversation - Thu, 2024-09-05 13:38
Conservative, socialist or nationalist, what’s best for biodiversity? The results may surprise you. We studied 165 nations, examining threatened species numbers and the extent of protected areas. Matt Hayward, Professor of Conservation Science, University of Newcastle Andrea S. Griffin, Associate Professor in Wildlife Conservation Science, School of Environmental and Life Sciences, University of Newcastle Jacob Jones, Ph.D. Candidate in Conservation Politics, University of Newcastle Licensed as Creative Commons – attribution, no derivatives.
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Ulez has cut children's school car rides - study

BBC - Thu, 2024-09-05 12:16
Research shows children living in the zone are now nearly four times more likely to be walking or cycling.
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Climate Change Authority’s sectoral pathway report calls for greater coordination to achieve Australia’s transition

Carbon Pulse - Thu, 2024-09-05 11:57
Australia’s Climate Change Authority (CCA) has published a sectoral pathway report on how the country can reach net zero emissions by 2050, recommending its Safeguard Mechanism and carbon crediting schemes be expanded to help better coordinate the transition.
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