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The global carbon dioxide removal (CDR) market risks failing to fully take off if more corporate clients do not commit to purchasing carbon credits now, speakers at a conference in London warned this week.

European carbon was marginally lower at midday as the market headed towards its least volatile week since December, with prices held in a tight range by traders eyeing next Wednesday's expiry of the June options contracts, while energy also moved in narrow ranges.

Campaigners say next government must reduce use and toxicity of pesticides before it is too late

The UK’s insect populations are declining at alarming rates and the next government must put in place plans to monitor and reduce the use and toxicity of pesticides before it is too late, wildlife experts say.

In recent years, concerns have been raised over earthworm populations, which have fallen by a third in the past 25 years. A citizen science project that monitors flying insects in the UK, meanwhile, found a 60% decline between 2004 and 2021. The overall trajectory, as government monitoring figures show, has been downwards since the 1970s.

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The Canadian government has released a 2030 Nature Strategy for reversing biodiversity loss, in line with the goals of the COP15 final agreement, proposing ramping up natural capital accounting.

China’s national carbon market saw allowance prices remain rangebound over the past week, with analysts expecting a lingering oversupply in the market during the current compliance period.

A British investor launching a natural capital strategy is aiming for a strong risk-return profile by balancing investments in nascent markets like biodiversity with more assured sectors like renewable energy and afforestation.

NGOs this week have said Australia should find ways to establish partnerships with its fossil fuel trading partners to build regional cooperation towards reducing greenhouse gas emissions, but while it has potential, experts have raised a litany of challenges that could stifle such ambitions. 

Singapore is ramping up its carbon tax from this year, but is planning major rebates for refineries and petrochemicals until the end of 2025 amid increased international competition, according to Reuters.

A Tokyo-based climate technology announced Friday it has raised 4.2 billion yen ($26 mln) in Series C funding while setting up alliances - including on carbon credits - across several sectors to accelerate the decarbonisation process.

The best of this week’s wildlife photographs from around the world

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Japan’s domestic J-Credit scheme has received a boost as the system administrator has approved the registration of 21 projects capable of generating just over 1.1 million units.

The New Zealand government has scrapped this year’s annual service charges for forestry under the emissions trading scheme.

Results show increase in symptoms such as wheeziness in presence of high aviation-related ultrafine particles

As the public hearings for London Gatwick airport’s northern runway resume, researchers from the Netherlands have found greater inhaler use in children living near Amsterdam’s Schiphol airport.

Stand close to a large airport and, if the wind is in the wrong direction, each cubic centimetre of air that you breathe will contain tens of thousands of ultrafine particles (UFP).

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Enel Green Power lands finance for first paired solar and battery project since new rules that allow single connection point.

The post Enel Green Power lands finance for first solar and battery hybrid project appeared first on RenewEconomy.

AGL may convert some existing hydropower assets into pumped hydro, which it says will be quicker and cheaper than building from scratch.

The post AGL eyes quicker and cheaper pumped hydro “conversions” to back up wind and solar appeared first on RenewEconomy.

Plans for a huge rooftop solar-soaking battery with up to four hours of storage have been submitted for approval by a local developer.

The post Australia’s biggest battery proposed to soak up Brisbane rooftop solar appeared first on RenewEconomy.

Investors in South Korea remain cautious about making a foray into the international voluntary carbon market, given the absence of government guidance and slow trades of domestic emissions permits, an event heard this week.

Applications from projects looking to receive Australian Carbon Credit Units (ACCUs) totalled 4.3 million units at the end of the Q1, with many claiming for the first time, according to data published by the Clean Energy Regulator (CER) Friday.

Elon Musk flags "mind blowing" development for the utility industry in next generation of Megapack battery storage technology.

The post “Mind blowing for the utility industry:” Elon Musk has another big surprise in battery storage appeared first on RenewEconomy.