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A slight price recovery in nearby futures for REDD avoided deforestation credits over the past week provided one of the few bullish signs for the voluntary carbon market (VCM), which remains in limbo while the first badges of integrity are readied by the cross-stakeholder body ICVCM and faces increasing competition from the rise of Paris Agreement-approved units.

Birders have flocked in their hundreds to see the songbirds, blown across the Atlantic by Hurricane Lee

A record-breaking number of “uber-rare” North American songbirds have arrived in the UK this week, blown over the Atlantic in the aftermath of Hurricane Lee.

More than a dozen species of small songbirds – one of which has never been seen in the UK before – were sent veering off their usual migration routes by the high winds.

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A software startup has published pricing details of its platform as it targets future changes and technology needs in the voluntary carbon market (VCM) and EU deforestation regulation.

A Montreal-headquartered CO2 removal (CDR) project developer and a London-based direct air capture (DAC) company on Monday announced plans to demonstrate the technology at a facility in Quebec.

Policymakers around the world are getting it wrong on carbon removals and temporary carbon storage by placing them too high on the hierarchy of required climate action, campaigners warned in a pair of complementary reports on Monday.

Australian biodiversity-related projects must become more streamlined to encourage adoption, in an effort to scale the nature repair market, a government-backed study has found.

During a recent trip to Brazil, I saw how Indigenous women activists there have completely changed the political landscape

I was invited to the third Indigenous Women’s March in Brasília, the capital of Brazil, earlier this month. The last occupation of Brazil’s legislature was in January 2022, when a group of rightwing thugs, imitating the January 6 riot in the US, attempted to kill Brazilian democracy. This was the exact opposite.

Five hundred Indigenous women from across Brazil occupied the Congress – not with guns or knives or anger, but with the strength and truth of their words, the intensity of their knowing, with their headdresses, feathers and beaded primordial designs calling us to the earth, to know the earth, to protect and respect the biomes and honor Indigenous women’s rights to their lands.

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A project developer has partnered with a social enterprise to set up one of Southern Africa’s only agricultural soil carbon projects under Verra's Verified Carbon Standard, it announced Monday.

European carbon prices were modestly stronger at midday on Monday, supported by a firm gas market where speculation is growing that storages may not reach tank tops before the coming winter, leaving room for additional demand.

Generation licence sought for the first battery in a planned major renewable and storage hub in South Australia.

The post New 300MWh battery in South Australia applies for generation licence appeared first on RenewEconomy.

South Korea on Monday formalised its Article 6.2 partnership agreements with Vietnam and Uzbekistan, and signed contracts for four new projects that will generate more than 10 million international carbon credits under the treaty.

A $250 million programme for financing renewable biological products in the Amazon has been announced by the Inter-American Development Bank (IDB) and Banco do Brasil.

An Indian carbon project developer on Monday saw its share value drop by 10% on the BSE after posting $4 million in losses in the June quarter.

Japan will start talks with Malaysia to store its captured CO2 in the Southeast Asian country from 2028 as part of Tokyo's broader decarbonisation strategy, Nikkei has reported.

Traders and brokers have increased their holdings of Australian Carbon Credit Units (ACCU) by some 20%, a regulator report shows, in anticipation of a tightening market following the recent Safeguard Mechanism reforms.

Party will argue green growth is route to lower bills and says Rishi Sunak will leave UK stuck in economic ‘doom loop’

Labour will “double down” on making the case that tackling the cost of living crisis and the climate crisis can only be done in tandem, despite an intensifying Conservative attack on net zero policies, the Guardian has learned.

Labour will argue that seeking green growth is the way to bring down household bills and secure the future of the UK economy.

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Three soil carbon projects have been issued close to 100,000 Australian Carbon Credit Units (ACCUs), with one of them receiving almost the entire amount, according to the Clean Energy Regulator’s latest update Monday.

Former British PM calls for 3% levy on oil and gas export revenues of biggest producers to generate $25bn a year for global south

Petrostates should pay a small percentage of their soaring oil and gas revenues to help poor countries cope with the climate crisis, the former UK prime minister Gordon Brown has urged.

Countries with large oil and gas deposits have enjoyed a record bonanza in the last two years, amounting to about $4tn (£3.3tn) last year for the industry globally. Levying a 3% windfall tax on the oil and gas export revenues of the biggest-producing countries would yield about $25bn a year.

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Petrostates like Saudi Arabia and Norway have made staggering oil and gas profits. A simple levy could funnel money to the countries that need it

After a summer of ever-more deadly floods, droughts and firestorms, two autumn summits – the G20 and the UN general assembly – have come and gone. Both failed to deliver the long-promised global plan to finance climate mitigation and adaptation. But as political leaders issue toothless and easily forgettable communiques, a potential breakthrough is staring the world in the face. It could finally end the cycle of broken promises to the global south and rescue the next summit, Cop28 in November and December.

Last year, the oil and gas industry across the world banked about $4tn, according to the head of the International Energy Agency. This represents one of the biggest redistributions of wealth from the world’s poor to the richest petrostates. The record energy prices that have produced these unearned gains have not only caused dramatically rising poverty and debt in the global south, but have also stymied decades of progress in extending power into homes, villages and towns that were previously without electricity.

Gordon Brown was UK prime minister from 2007 to 2010. His new book, Permacrisis: A Plan to Fix a Fractured World, co-authored with Mohammed el-Erian and Michael Spence, is out on 28 September.

Gordon Brown joins the Guardian live and online on Tuesday 26 September, 7pm–8.30pm BST. Buy tickets here

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The former Labour PM wants the wealthiest oil producers to help poorer nations tackle climate change.