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Financial technology platform releases methodology for tokenised biodiversity credits

Carbon Pulse - Mon, 2024-08-26 23:08
A financial technology platform has released a methodology for creating tokenised biodiversity credits, with details on how to ensure projects meet integrity standards and units are tradeable.
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US national park service to receive $100m in largest grant in its history

The Guardian - Mon, 2024-08-26 22:27

Donation from Indianapolis-based Lilly Endowment will be used across country’s more than 400 national park sites

The official non-profit organization of the US national park service is set to receive the largest grant in its history, a $100m gift the fundraising group described as transformative for the country’s national parks.

The National Park Foundation, which Congress created in the 1960s to support national parks, will receive the donation from the Indianapolis-based foundation Lilly Endowment Inc. The park foundation described the gift on Monday as the largest grant in history benefiting US national parks.

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Verra starts testing new Scope 3 programme with three voluntary carbon methodologies

Carbon Pulse - Mon, 2024-08-26 22:05
Verra has begun the piloting of its Scope 3 Standard (S3S) programme, a new scheme that will certify value chain interventions and issues voluntary carbon units that companies can use as part of their value chain emissions accounting.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-08-26 21:31
European carbon prices eased on Monday morning on thin volume due to a UK public holiday as participants were said to be easing some gas-linked risk premium out of the benchmark futures contract as concerns around supply fade and storage levels remain healthy.
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Seville council can cut off water supply to illegal tourist flats, court rules

The Guardian - Mon, 2024-08-26 21:25

Six properties disconnected in past year but there are thought to be 5,000 unlawful apartments in Spanish city

A court in Seville in southern Spain has ruled that the city council is within its rights to cut off the water supply to illegal tourist apartments.

Over the past year the city has disconnected the supply to six illegal apartments. Three owners appealed but the judge, mindful of neighbours’ complaints about noise, accepted the council’s argument that the apartments were not the owners’ residences.

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Forget the moths that eat your clothes. Most are beautiful and deserve to be loved | Tim Blackburn

The Guardian - Mon, 2024-08-26 21:00

From the merveille du jour to the burnished brass, Britain’s 2,500 species of moths are all special in their own way

  • Tim Blackburn is professor of invasion biology at UCL and author of The Jewel Box: How Moths Illuminate Nature’s Hidden Rules

Let me start with a confession: I love moths. If your instant reaction to that statement is a shudder and expression of dislike (or worse), be assured that you’re not alone. It is the commonest response I get. But before you scroll on or turn the page, I hope you will give me a couple of minutes of your time to persuade you to change your mind. Moths are extremely important and beautiful creatures, and we should all love them.

Almost all of them, anyway. There’s a couple of tiny species that nibble holes in your jumpers and chew your carpets, and I’m not going to try to make you love those. Feel free to hate them with a vengeance, particularly as autumn draws in and you open your jumper drawer to find unwanted evidence of their labours. But Britain has about 2,500 other species of moths, and it would be unfair to let the clothes moths colour your perceptions of the other 99.9%. And the others really are special, in all sorts of ways.

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Non-profit seeks to trade int’l carbon credits from planting trees in Bhutan

Carbon Pulse - Mon, 2024-08-26 20:41
A non-profit in Bhutan is exploring the opportunity of generating and trading international carbon credits from tree-planting projects in the Himalayan Kingdom, according to local media.
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UN assesses Vanuatu REDD+ carbon baseline submission as ‘transparent’ and complete

Carbon Pulse - Mon, 2024-08-26 20:09
A UN assessment of Vanuatu's proposed forest reference level (FRL), which can affect the issuance volume of sovereign REDD+ carbon units, found the country's reporting to be "transparent" and mostly in accordance with guidelines.
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Japanese energy players sign agreement for negative carbon project with Indonesian counterpart

Carbon Pulse - Mon, 2024-08-26 20:08
Two major Japanese companies and an Indonesian counterpart have agreed to a joint study on biomass energy carbon capture and storage (BECCS), hot on the heels of decarbonisation agreements signed between the governments of the two countries last week.
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Korean startup to create carbon credits by electrifying Cambodian tuk-tuks

Carbon Pulse - Mon, 2024-08-26 19:31
A Korean mobility startup has tapped into Cambodia's emerging carbon market through a project that can electrify gas-guzzling tuk-tuks in the Southeast Asian country.
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Papua New Guinea “seriously considering” COP29 boycott

Carbon Pulse - Mon, 2024-08-26 18:34
Papua New Guinea is considering not sending a delegation to the COP29 climate talks in Azerbaijan later this year in protest of rich nations’ failure to provide sufficient climate finance to poorer countries, Prime Minister James Marape has said, according to local media.
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Albanese government accused of trying to ‘bury bad news’ about health of Great Barrier Reef

The Guardian - Mon, 2024-08-26 16:00

Major report released at 4pm on Friday with no media release or a press conference from Tanya Plibersek

A leading conservation group has accused the government of trying to “bury bad news” about the health of the Great Barrier Reef by releasing a major five-yearly outlook report on Friday afternoon.

The Great Barrier Reef Marine Park Authority’s 600-page report said the “window of opportunity to secure a positive future” for the reef was “closing rapidly” and the outlook for the ecosystem was “very poor”.

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AU Market: ACCUs trade higher, but likely to remain subdued for now, report says

Carbon Pulse - Mon, 2024-08-26 15:22
The price of Australian Carbon Credit Units (ACCUs) has inched upwards in recent weeks thanks to steady demand from Safeguard Mechanism entities, however one report expects prices to continue to remain rangebound in the short term.
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