Feed aggregator

National carrier Air New Zealand has become the first to pay into a nature-positive co-financing pilot that seeks to channel funds to community restoration initiatives on cyclone-ravaged Maori land.

A Denmark-headquartered environmental consultancy on Monday released an open-access metric for measuring the biodiversity value of habitats on sites around the world, with potential applications in corporate disclosures as well as the emerging biodiversity credit market, the company told Carbon Pulse.

Australia now has more than enough evidence that proposals to build big dams consistently underestimate both the construction costs and the harm they do. John Kandulu, Research Fellow, College of Business, Government and Law, Flinders University Richard Kingsford, Professor, School of Biological, Earth and Environmental Sciences, UNSW Sydney Sarah Ann Wheeler, Matthew Flinders Professor in Water Economics, Flinders University Licensed as Creative Commons – attribution, no derivatives.

A scenario in which all greenhouse gas emissions released by human activities are counterbalanced by carbon removals is still not in sight, according to new research.

Most of the Nature Action 100’s (NA100) focus companies are in the early stages of addressing their nature-related impacts, but further action is needed across Indigenous Peoples’ rights, governance, and disclosure, the group has said.

A carbon storage facility in the Greek city of Prinos received the EU green light on Monday, raising the country's profile as a CO2 storage hub as well as Southern Europe's CCS ambitions.

The lifetime emissions of a project to add carbon capture technology to a gas-fired power plant in Scotland could be three to five times higher than reported by the developer, according to estimates by a climate think tank.

Low ball bids dominated the voluntary carbon market last week, eyeing up the pressure on sellers amid the glut of avoidance credits.

Almost 40% of tree species covered by the first Global Tree Assessment released Monday were found to be at risk of extinction, with species at risk in 192 countries worldwide.

If everyone emitted carbon at the same rate as the world’s wealthiest 1%, the global carbon budget would be exhausted in under five months, according to a recent report.

EU member states will be legally permitted to introduce or maintain their own national carbon pricing mechanisms alongside the bloc’s soon-to-be-launched emissions trading system for buildings and road transport (EU ETS2).

Scientists have warned that rising temperatures are making the planet increasingly uninhabitable and pushing the Amazon to the brink of large-scale collapse, offering 10 climate insights and possible ways forward, in a report published on Monday.

Scientists have revealed that more than a third of tree species are facing extinction.

Scientists have revealed that more than a third of tree species are facing extinction.

The mammals were once common across Europe but urban development has pushed them towards extinction

Hedgehogs are now listed as “near threatened” on the International Union for Conservation of Nature’s red list after a decline in numbers of at least 30% over the past decade across much of their range.

While hedgehogs were once common across Europe, and were until now listed as of “least concern” on the red list, they are being pushed towards extinction by urban development, intensive farming and roads, which have fragmented their habitat.

Continue reading...

Governments need to take urgent action to avoid perverse uses of biodiversity credits, including cross-border offsetting, as the International Advisory Panel on Biodiversity Credits (IAPB) believes its newly launched framework alone won’t be a sufficient safeguard, its co-chairs told Carbon Pulse.

An influential panel led by the UK and France on Monday released its long-awaited framework to steer and scale the development of high integrity biodiversity markets, advising against secondary markets transactions and ruling out the use of non-local credits for offsetting except for contribution purposes.

The United Arab Emirates' state-owned renewable energy developer and a steel company have completed a pilot project demonstrating the potential for using green hydrogen to produce cleaner steel, they announced on Monday.

A two-day seminar organised by a global financial institution and Uzbekistan’s economy ministry discussed the Central Asian country’s participation in international carbon markets, local media reported.

Australian miner paying ‘massive bonuses’ for ‘steamrolling ahead with an outdated and unacceptably risky coal growth strategy’, activists say

• Get our breaking news email, free app or daily news podcast

Whitehaven Coal, one of Australia’s biggest coal producers, faces a rare “second strike” from shareholders this week as climate activists seek to draw attention to the miner’s plans to ramp up volumes and resulting carbon emissions.

The ASX-listed company received a 41% vote against its executives’ remuneration report at last year’s annual general meeting. A vote of at least 25% at this year’s AGM on Wednesday would force a motion to spill Whitehaven’s board.

Continue reading...