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Saudi officials and private sector players are open to buying carbon credits from Kenya in a voluntary market (VCM) deal at $8 per tonne, according to statements made on the sidelines of the UN Convention to Combat Desertification (UNCCD) COP16 conference in Riyadh last week.

One of Australia’s biggest resource powerhouses could export billions of dollars worth of green iron by the beginning of the next decade and A$170 bln ($109 bln) by 2050 while saving emissions bigger than the entirety of Australia’s annual carbon output, a report said Monday.

European carbon prices gave up the gains made on Friday afternoon and resumed their rangebound trading on Monday as attention began to focus on the upcoming expiry of the December options contract, while UK carbon allowances dropped to their lowest in seven months amid low gas-fired generation and continued regulatory uncertainty.

Conservation groups join those who helped plant woodland in opposing expansion of bottling plant

Harrogate Spring Water, which is owned by the multinational Danone,is planning to cut down a wood planted by schoolchildren in order to expand its bottling factory in the North Yorkshire town.

Two primary schools, along with other local volunteers, helped to plant 450 trees in a project organised by the Rotary Club of Harrogate almost 20 years ago.

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The UK government will introduce a support scheme to encourage investment in clean hydrogen-to-power projects, following supportive feedback in a public consultation, it announced on Monday.

Launching a biodiversity credit market is among actions New Zealand should take in order to scale investments in nature-based solutions (NbS), according to a global consultancy.

An international carbon registry has partnered with Land and Forest Iceland, a government agency, to develop offset project standards and help advance the country’s climate initiatives.

A Colombian environmental standard has opened a public consultation on the first conservation project registered under its biodiversity credit programme, planning to certify it next year.

Selling low-carbon cement through book-and-claim deals, which separate the emissions savings from the physical product that's delivered, can help to scale up clean technologies by addressing the problems of geographic constraints and cost premiums, according to a manager at a clean cement developer.

Demand for pricier low-carbon industrial products can be encouraged with a reform of public procurement rules and the creation of ‘lead markets’ for green cement, the industry has argued ahead of new EU policy proposals due in the coming mandate.

The agreement on Article 6 at COP29 last month is raising confusion among corporate carbon credit buyers but it should boost confidence in the market longer term, participants told an industry conference last week.

Vietnam and the Global Green Growth Institute (GGGI) have extended for five years a cooperative framework on climate action and carbon pricing designed to put the Southeast Asian country on track to meet its ambitions under the Paris Agreement.

An area nearly a third larger than India turned permanently arid in past three decades, research shows

An area of land nearly a third larger than India has turned from humid conditions to dryland – arid areas where agriculture is difficult – in the past three decades, research has found.

Drylands now make up 40% of all land on Earth, excluding Antarctica. Three-quarters of the world’s land suffered drier conditions in the past 30 years, which is likely to be permanent, according to the study, by the UN Science Policy Interface, a body of scientists convened by the United Nations.

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In a week that saw UN civil aviation body ICAO publish its technical report on the flagship CORSIA offsetting scheme, which is being incorporated into national regulations around the world, this and other compliance carbon pricing initiatives posed diverse challenges and opportunities around the LATAM region – from Trinidad to Guyana, and Mexico to Brazil.

The New South Wales Environmental Protection Agency (EPA) is looking to strengthen GHG emissions regulations at its coal mines, based on feedback on how licences are governed.

In an Australian first, Quinbrook proposes to add a giant battery to its proposed polysilicon plant in Queensland to "firm the grid as well as the manufacturing facility."

The post Quinbrook adds huge 750 MW battery to polysilicon plant sent for federal approval appeared first on RenewEconomy.

CSIRO’s Paul Graham on the findings of the latest GenCost report, which proves yet again that integrated renewables are by far the lowest cost option, even after responding to all the Coalition complaints about its modelling methods.

The post Energy Insiders Podcast: CSIRO slaps down Coalition nuclear power play appeared first on RenewEconomy.

Data confirms 2024 is now certain to be the hottest year on record, and the first year in which average global temperatures exceed 1.5°C above the pre-industrial period.

The post 2024 will be world’s hottest year on record, and the first above 1.5°C target appeared first on RenewEconomy.

Average global temperature in November was 1.62C above preindustrial levels, bringing average for the year to 1.60C

This year is now almost certain to be the hottest year on record, data shows. It will also be the first to have an average temperature of more than 1.5C above preindustrial levels, marking a further escalation of the climate crisis.

Data for November from the EU’s Copernicus Climate Change Service (C3S) found the average global surface temperature for the month was 1.62C above the level before the mass burning of fossil fuels drove up global heating. With data for 11 months of 2024 now available, scientists said the average for the year is expected to be 1.60C, exceeding the record set in 2023 of 1.48C.

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Federal government delays decision on controversial Robbins Island wind farm for fourth time, this time because of concerns about the Tasmanian Devil.

The post Tasmanian Devil cited in another delay on decision on Australia’s most contentious wind farm appeared first on RenewEconomy.