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European carbon prices extended their rally on Thursday amid a short squeeze that began after the previous session's weekly Commitment of Traders report, before consolidating their gains amid a drop in natural gas, as traders speculated whether short-term fundamentals are sufficiently bearish to justify the recent decline, and how long the current rally would last.

A weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

Climate Asset Management has set aside 10% of a land acquisition in Australia for supporting biodiversity despite no clear way of capitalising on it through nature-related credits, its CEO has said.

A space tech firm and a carbon markets intelligence company have teamed up to enhance the transparency and integrity of forest carbon projects, leveraging earth observation data and machine-learning to produce natural capital data and insights.

A global environmental NGO has released a whitepaper outlining their position on biodiversity credits, as it seeks to establish high integrity across the emerging market.

Banks and Australian superannuation funds are no longer interested in backing thermal coal companies but see a longer shelf life for oil and gas companies given it is an energy source that will continue to have a role in the energy mix.

A carbon offset marketplace has started to list carbon credits certified under a newly established standard initiated by South Korea's major trade group, as the country is seeking to support the development of private sector-led voluntary carbon markets.

The UK government on Thursday announced fresh funding for ongoing efforts to boost species recovery in one of the world’s most nature-depleted countries.

The philanthropy arm of asset manager UBS has provided an impact loan designed to enable the manager of a group of essential Marine Protected Areas (MPAs) in the Philippines to implement a number of revenue-generating initiatives, in what the parties say is a transformative deal for ocean conservation.

French oil and gas major TotalEnergies launched on Thursday a call for tenders for the annual production of 500,000 tonnes of 'green' hydrogen, which will fall under the firm's strategy to decarbonise its European refineries by the end of the decade.

Australia’s Clean Energy Regulator has approved a project that will fund in part the Kullilli people’s purchase of the pastoral lease to its traditional land, from which it had previously been forcibly removed.

The Singapore Exchange (SGX) has listed an exchange-traded fund (ETF) that selects companies based on their climate actions, the largest equity ETF launched in the city state, with the support of asset manager BlackRock and index provider MSCI, it announced Thursday.

Tests begin on cutting edge technology backed by iron-ore billionaire Andrew Forrest to deliver a cheaper and more scalable renewable hydrogen.

The post Tests begin on Fortescue-backed, concentrated solar hydrogen technology appeared first on RenewEconomy.

The consortium behind plans to develop a renewable hydrogen and ammonia production and export hub in Queensland’s north has added another big name to its ranks.

The post Japan green ammonia heavyweight joins giga-scale renewable hydrogen project appeared first on RenewEconomy.

EPA issues warning to solar developers on waste and land disturbance after giving initial approval to a PV and battery project proposed by oil and gas giant Woodside.

The post Solar developers warned on waste after Woodside PV and battery project gets green tick appeared first on RenewEconomy.

Solar and battery storage have been pushing new boundaries in various states this week as the energy system continues to evolve.

The post Big batteries and solar push new boundaries on the grid appeared first on RenewEconomy.

A daily summary of our news plus bite-sized updates from around the world.

Countries must “supercharge” international collaboration across high-emitting sectors to get on track to curb global warming at no more than 1.5C, according to a report Thursday from the International Energy Agency.

Insect-eating sundew plants among 17,500 reintroduced as part of carbon-sequestering conservation scheme

After a 100-year absence, ruthless carnivores are flourishing again on a peat bog near Garstang in Lancashire.

The insect-eating great sundew and oblong-leaved sundew are among 17,500 plants being reintroduced to Winmarleigh Moss as part of its restoration by the Lancashire Wildlife Trust.

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A Canadian-headquartered environmental asset investor has signed a $213-million deal with a US-listed ‘blank cheque’ company to help it go public via merger.