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Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the week ending July 14, in which Brazil reiterated the significance of biofuels in its decarbonisation strategy and Colombia’s Constitutional Court ruled for the first time on REDD projects.

A political risk insurance product has been launched Monday that will cover losses for both parties should a project’s host country revoke the authorisation of Article 6 sovereign credits, known as ITMOs.

European carbon prices gave up Friday's late gains to once again test a major technical support level that has propped the market up since early July, amid similar weakness across related markets as forecasts for higher temperatures and improved renewables output brought an end to the energy complex's two-day rally.

A US direct air capture developer has named a new director of business development to lure major carbon removals buyers such as Microsoft and Salesforce into big, long-lasting offtake agreements, it announced on Monday.

The first stage of what will be the biggest battery project in Australia has been energised little more than a year after it was first announced.

The post First stage of Australia’s biggest battery project energised to start flattening solar duck appeared first on RenewEconomy.

An oil project in the Murchison Falls National Park (MFNP) in Uganda will have a devasting impact on biodiversity, with a number of grave consequences for wildlife and local communities already ongoing, a study has found.

US technology company HP has teamed up with a Switzerland-based nature tech startup on an initiative aimed at advancing coastal ecosystem restoration efforts in Indonesia.

The cornerstone of the new UK government's climate policy - to accelerate the country's target for 100% clean power to 2030 - has proven divisive, with those who believe it to be pricey and unachievable on one side, against others who say it will be hard, but is worth a shot.

China saw its domestic thermal power generation decline in June, while renewable energy production continued to grow at a fast pace that could signal a turning point in the country's emission trend.

Many actors in biodiversity see the largest opportunity for biodiversity markets in ‘insetting’, a way of directly supporting nature in their supply chains while potentially generating biodiversity credits, as an alternative to offsetting.

Singaporean Minister of State for Trade and Industry Alvin Tan has taken a delegation of 22 companies with him to Ghana this week with the intention of cultivating a pipeline of Article 6 carbon credit projects.

A climate-focused investment fund has completed a $37 million Series A investment round in a leading provider of carbon mineralisation technology, aiming to accelerate the process of turning CO2 into solid rock for permanent sequestration.

South Korea's latest monthly CO2 permit auction was again oversubscribed, with analysts expecting permit prices to remain steady throughout the rest of the current compliance period.

Tess, a 40-year-old female at Houston zoo, has been given a trial mRNA vaccine to help combat the virus, a leading killer of calves in captivity

An Asian elephant at Houston zoo in the US has received the first mRNA vaccine against herpes, which is the leading killer of Asian elephants calves in captivity.

Tess, a 40-year-old Asian elephant, was injected with the trial vaccine at the Texas zoo in June, after a spate of deaths in juveniles in zoos around the world from the elephant endotheliotropic herpesvirus (EEHV).

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Political violence is not OK but what about snails are they OK?

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Australia’s Emissions Reduction Assurance Committee (ERAC) has wrapped up its first expression of interest (EOI) period seeking new methods to generate Australian Carbon Credit Units (ACCUs), with 43 proposals put forward by stakeholders.

Global online retail and cloud computing giant says it has achieved a "moment in time" milestone where all its electricity demand has been matched by renewables.

The post Amazon hits 100% renewables “moment” seven years ahead of schedule appeared first on RenewEconomy.

Mining giant signs another solar deal with another Pilbara Indigenous group, as it slowly replaces fossil fuels with renewables.

The post Rio Tinto signs up to power Pilbara iron ore operations with 80MW solar farm appeared first on RenewEconomy.

Senior climate figures welcome move after Conservative government largely left the role to junior ministers

Ed Miliband is to take personal control of the UK’s negotiations at vital international climate talks, in stark contrast to his Tory predecessors.

The energy security and net zero secretary will attend Cop29, this year’s UN climate summit, in Azerbaijan this November to head the UK’s delegation and meet political leaders from around the world.

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Globally, the market for biofuels is not looking good as projects are dumped and at least one company is on the verge of going under.

The post Oceania Biofuels pulls $500m Gladstone project as another bubble bursts appeared first on RenewEconomy.