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A German climate startup has launched a new subscription platform and ditched brokerage fees in an effort to support developers of nature-based carbon credit projects, it said Wednesday.

Market participants believe the September RGGI auction clearing price will jump compared to recent sales and may even flirt with an all-time high, though uncertainty remains as to whether the sale will come in at a slim or moderate discount to the secondary market allowance price.

Areas of Greece report 75.4cm of rain late on Tuesday – the highest level recorded since 2006

Fierce rainstorms have battered neighbouring Greece, Turkey and Bulgaria, triggering flooding that caused at least seven deaths, including those of two holidaymakers swept away by a torrent at a campsite in northwestern Turkey.

Ali Yerlikaya, the Turkish interior minister, said four other people were missing after the flash flood at the campsite in Kirklareli province, near the border with Bulgaria. He said about 12 holidaymakers were present when the waters hit.

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Around six billion tonnes of sand is dredged from the world's oceans every year, a new report says.

A Toronto-based carbon credit financier has significantly cut executive headcount, subleased office space, and taken further steps to reduce general and administrative expenses and save millions annually, it announced Tuesday.

One person has died in Greece after torrential rain triggered flash flooding in parts of the country.

Brazilian state-owned oil company Petrobras on Tuesday announced its first purchase of carbon credits to fund the preservation of the Amazon rainforest.

The de facto ban on building onshore wind sites has been lifted, but experts say they remain at the whims of ‘quixotic decisions by local councils’

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The European Commission’s strategy to capture, utilise and store carbon is at risk of being published later than the originally anticipated fourth quarter release, an EU source told Carbon Pulse on Tuesday, as the EU's executive grapples with new appointments and approaches the end of its current term.

This professional is responsible to ensure the highest quality of projects in terms of environmental integrity, improving livelihoods as well as protecting and restoring and biodiversity. It's a key role in the core function of company, as will develop, and drive all technical studies and analysis required to produce the Project Description and Monitoring Reports required by the standards applied for generating carbon credits in the carbon markets.

Opposition MPs and campaigners share "horror" at potential sewage spills on dry days uncovered by BBC News.

Two African manufactured electric cookers have been launched that use sensors to monitor the customer journey from end-to-end, including real-time energy consumption, as cookstove carbon project developers innovate to overcome criticism about over-crediting.

The EU on Tuesday urged African nations to back its aims for the COP28 UN climate talks, amid consensus that the negotiations need to pivot towards accelerating the roll out of renewable power and the development of green hydrogen to generate sustainable economic growth.

UN-developed Marine Sand Watch estimates 6bn tonnes dug up a day, well beyond rate at which it is replenished

One million lorries of sand a day are being extracted from the world’s oceans, posing a “significant” threat to marine life and coastal communities facing rising sea levels and storms, according to the first-ever global data platform to monitor the industry.

The new data platform, developed by the UN Environment Programme (Unep), tracks and monitors dredging of sand in the marine environment by using the AIS (automatic identification systems) data from ships. Using data from 2012-19, Marine Sand Watch estimates the dredging industry is digging up 6bn tonnes of marine sand a year, a scale described as “alarming”. The rate of extraction is growing globally, Unep said, and is approaching the natural rate of replenishment of 10bn to 16bn tonnes of sand flowing into the sea from rivers and needed to maintain coastal structure and ecosystems.

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Connection agreement gained for 300MWh battery, the first of a series of solar and battery projects in a massive renewable hub in South Australia.

The post Connection deal signed for first 300MWh battery in massive solar and storage hub appeared first on RenewEconomy.

A programme for supporting regenerative agriculture initiatives across land and water will launch in October, advisors Bright Tide has said.

South and Southeast Asian countries are running out of time and will likely not be able to reach their net zero targets within the stipulated period, a UNDP official told a Kuala Lumpur conference Tuesday.

A coalition of more than 78 UK-based environmental organisations has claimed that the UK government lacks progress on the country's 30x30 nature-protection pledge and called for more robust action.

European carbon prices were unchanged at midday on Tuesday as the market positioned itself for two days without daily EUA auctions, while energy prices were flat to slightly weaker as traders waited to assess the impact of imminent labour stoppages at key LNG facilities in Australia.

The European Energy Exchange (EEX) on Tuesday announced the launch of its Global Carbon Index (GCI) Family, aimed at providing a comprehensive snapshot of rapidly evolving global carbon markets.