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Over 50% of the world’s mangrove ecosystems at risk of collapse by 2050, IUCN says

Carbon Pulse - Thu, 2024-05-23 00:22
The International Union for Conservation of Nature (IUCN) released Wednesday its first-ever assessment of the world's mangrove ecosystems, showing that more than half of them are at risk of collapse by 2050.
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Rhino bond has lessons for biodiversity credits, expert says

Carbon Pulse - Wed, 2024-05-22 23:19
The nascent biodiversity credits market can learn from the work of the World Bank’s rhino bond, according to an expert whose organisation worked on the issuance.
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EU ministers face six tests for strengthening green competitiveness, says think tank

Carbon Pulse - Wed, 2024-05-22 23:05
A series of tests awaits the European Union, as the bloc still debates how to respect climate commitments and remain economically ambitious at the same time, with the 27 nations' ministers set to gather in Brussels at the Competition Council on Friday.
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Failing to modernise grid will massively set back EU on climate targets -industry

Carbon Pulse - Wed, 2024-05-22 22:50
Failure to modernise the power grid could lead the EU to miss its climate targets by over 30% and jeopardise energy security, the European electricity industry association has warned.
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FEATURE: Fish farming marine destruction claims highlight challenge in meeting GBF targets

Carbon Pulse - Wed, 2024-05-22 21:27
Environmentalists are increasingly sounding the alarm over what they claim are destructive impacts of the global fish farming industry, but government hesitance in imposing stricter regulations is seen as an illustration of the challenge ahead in meeting biodiversity targets.
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Borrowdale rainforest in Lake District declared national nature reserve

The Guardian - Wed, 2024-05-22 21:26

Five nature reserves will be created each year for next five years to celebrate coronation of King Charles

A temperate rainforest in the Lake District has been declared a national nature reserve in a move that will protect the rare ancient habitat for future generations.

The Borrowdale rainforest is one of the few surviving examples of a “mysterious and untouched” landscape that covers less than 1% of the UK.

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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-05-22 21:25
EU carbon allowance prices were modestly firmer at midday on Wednesday as the market tested technical resistance levels after the weekly Commitment of Traders data showed investment funds increased their bearish bets for the first time in six weeks.
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First five corporate nature positive strategies approved by campaign group

Carbon Pulse - Wed, 2024-05-22 20:31
Campaign group Business for Nature has accepted its first batch of strategies targeting a nature positive economy by 2030 from corporations based in the UK, France, and Taiwan, six months after launch .
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Australian conference holds record buy side, emitter attendee numbers

Carbon Pulse - Wed, 2024-05-22 20:26
Carbon credit buyers have been few and far between at conferences in recent years, but the Carbon Farming Industry Forum in Cairns this week hosted a record number, and percentage, of attendees on the buy side, demonstrating confidence in the Australian market, attendees told Carbon Pulse.
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Carbon tech startup launches free voluntary credit insight platform

Carbon Pulse - Wed, 2024-05-22 20:00
A Berlin-based carbon tech startup has launched a free voluntary carbon credit insight platform on Thursday, with the aim of making purchases more accessible to all.
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Investor group teams up to finance nature-based carbon removal project in Panama

Carbon Pulse - Wed, 2024-05-22 19:15
A group of investors has partnered to finance a reforestation project in Panama aiming to restore 10,000 hectares of degraded tropical forests and generate over 3 million carbon removal credits.
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Trigger-happy councils mowing down our spring flowers? There’s a better way to do things | Phineas Harper

The Guardian - Wed, 2024-05-22 19:00

The No Mow May campaign has persuaded local authorities to protect biodiversity. But bigger changes are needed

This time last year, residents of the council estate where I live in Greenwich were left in tears after local authority contractors mowed down scores of newly planted purple alliums on our shared lawn just days after they’d bloomed. In minutes, one man with a strimmer had reduced the flowers that my neighbours, many of whom do not have private gardens, had grown over months to mere mulch.

Shamefaced, this year the council sought to make amends by sowing a biodiversity meadow near where the alliums had met their fate. The new wildflowers were doing well – on track to compensate for the previous year’s blunder – until, to the consternation of residents, they were yet again mown down by council contractors. Even the local authorities’ own efforts to improve the biodiversity of the borough proved no match for its trigger-happy lawnmower men.

Phineas Harper is a writer and curator

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South Korea should consider additional carbon trading scheme for regions, researchers say

Carbon Pulse - Wed, 2024-05-22 18:33
South Korea should consider more policy arrangements for domestic cities to utilise carbon market mechanisms, such as the creation of a regional carbon trading framework, to drive down emissions from the urban sector, researchers have suggested.
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Green policies take back seat in EU leadership debate

Carbon Pulse - Wed, 2024-05-22 18:25
A debate on Tuesday among lead contenders for the post of European Commission President made little room for green considerations, with discussions focusing mostly on defence spending and the need to protect Europe’s interests in the face of China's aggressive economic policies.
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UN-backed alliance seeks to settle on a definition of biodiversity credits

Carbon Pulse - Wed, 2024-05-22 18:00
The UN-backed Biodiversity Credit Alliance (BCA) on Wednesday released a paper seeking to give a definition of biodiversity credits and associated terms, in an attempt to avoid the market making a false start.
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Chickens, ducks, seals and cows: a dangerous bird flu strain is everywhere but Australia, for now

The Conversation - Wed, 2024-05-22 16:14
Migratory birds could bring the lethal bird flu variant that is assailing the rest of the world’s birds. Michelle Wille, Senior research fellow, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Climate change made UK's waterlogged winter worse

BBC - Wed, 2024-05-22 16:05
One farmer in Lincolnshire told the BBC that a third of his farm could not be planted in time this year.
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Proponents steam ahead to submit ACCU method proposals by July deadline, conference hears

Carbon Pulse - Wed, 2024-05-22 15:53
Market participants are scrambling to submit methods to develop Australian Carbon Credit Units (ACCUs) to the government’s interim process, as Canberra itself is still finalising methods that have been in the works for a long time.
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