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Philippines elected host country for UN Loss and Damage Fund

Carbon Pulse - Tue, 2024-07-09 19:58
Philippines has been elected as host country for the Loss and Damage Fund at the second meeting of the Board which began in Songdo, South Korea on Tuesday.
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Carbon price must rise to underpin CCS projects in Australia, investment bank says

Carbon Pulse - Tue, 2024-07-09 19:57
An executive from a major investment bank has said Australia’s carbon price will have to rise before it commits to investing in CCS projects in the region, arguing it cannot rely on government subsidies.
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BRIEFING: Deep EU power market reform needed to reach climate goals, experts say

Carbon Pulse - Tue, 2024-07-09 19:57
Although it was overhauled this year to address the energy crisis caused by Russia’s war in Ukraine, the EU power market will need a second round of reform to enable a growing share of renewables in the system, experts say.
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Corporate climate group launches transition tool for asset managers

Carbon Pulse - Tue, 2024-07-09 19:32
An independent ESG-focused organisation has launched a new transition analytics tool, designed for asset owners and managers to better manage climate risk, engage their portfolio companies, and meet their varied environmental commitments and reporting requirements. 
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New Zealand proposes bringing carbon capture into ETS

Carbon Pulse - Tue, 2024-07-09 19:06
The New Zealand government on Tuesday released a draft framework for carbon capture, utilisation, and storage (CCUS), proposing to bring resulting CO2 reductions or removals into the nation’s emissions trading scheme.
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Japan looks to fund fluorocarbon projects under JCM

Carbon Pulse - Tue, 2024-07-09 19:03
Japan has issued a funding call under the Joint Crediting Mechanism (JCM) to provide financial support for projects that can achieve greenhouse gas reductions by destroying alternative fluorocarbons from used equipment.
Categories: Around The Web

Korean project developer secures purchase agreement for ITMOs from Africa

Carbon Pulse - Tue, 2024-07-09 18:08
A South Korean project developer has secured a contract to purchase internationally transferred mitigation outcomes (ITMOs) under the Paris Agreement from an African country, as it seeks to expand its business in the emerging Article 6 market.
Categories: Around The Web

Singapore adds Laos to stable of Article 6 partners

Carbon Pulse - Tue, 2024-07-09 17:32
Singapore and Laos on Tuesday announced they have signed a Memorandum of Understanding (MoU) to cooperate on carbon credits under Article 6 of the Paris Agreement.
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Indonesia signs $35-mln debt swap deal with US, NGOs to conserve coral reef ecosystems

Carbon Pulse - Tue, 2024-07-09 16:49
Indonesia has signed a $35 million debt-for-nature swap and coral reef conservation agreement with the US and four non-governmental organisations (NGOs) to protect and restore country’s coral reef ecosystems.
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Climate protesters won’t be deterred by fines, jail or political mixed messages on the environment | Adam Morton

The Guardian - Tue, 2024-07-09 16:47

Activists are convinced a wartime campaign of resistance is the only way to highlight the existing system’s failure to meet the moment

As pro-Palestinian protesters sparked outrage scaling the roof of Parliament House last week, a few dozen activists at Newcastle were making an equally sharp point – mostly to less fanfare.

Over more than two weeks, campaigners under the Blockade Australia banner have been interrupting trains near the world’s biggest coal port. My colleague Jordyn Beazley reported that by Monday at least 500 train journeys had been cancelled and more than 30 people arrested.

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A wildlife park has scrapped koala cuddles. Is it time for a blanket ban?

The Conversation - Tue, 2024-07-09 15:55
I’ve studied stress in marsupials. Here’s why banning koala cuddles is a good idea – backed by the scientific evidence on koala handling and stress. Edward Narayan, Senior Lecturer in Animal Science, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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CCS value chain hopefuls list litany of challenges to overcome

Carbon Pulse - Tue, 2024-07-09 15:29
Industrial and oil and gas heavyweights have highlighted the long list of challenges that need to be figured out if their aspirations of establishing CCS value chains in Asia are to become a reality.  
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Why does being right on climate feel so wrong? | Fiona Katauskas

The Guardian - Tue, 2024-07-09 14:00

It’s a hot topic for scientists all over the world

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Categories: Around The Web

Australian DAC startup raises A$10 mln

Carbon Pulse - Tue, 2024-07-09 13:39
An Australian carbon removal tech startup has raised A$10 million ($6.7 mln) in seed funding as it gears up to meet its target of capturing 1 billion tonnes of CO2 per year by 2032.
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