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The International Civil Aviation Organisation (ICAO) should bolster CO2 standards in order to improve aircraft efficiency and reduce aviation's impact on climate change, according to a new study published as the UN aviation agency enters a two-week meeting today to discuss new standards.

Brazil's carbon market is advancing with the enactment of Law 15.042/2024, which establishes the Brazilian Greenhouse Gas Emissions Trading System (SBCE) and sets the groundwork for regulation, though full implementation could take years. Until the SBCE Managing Body is created and operational, international standards remain the safest option for ensuring transparency, credibility, and investor confidence in the voluntary carbon market.

Revising Kazakhstan’s emissions trading system (ETS) to make participants pay for a share of their allowances is necessary to create a fair market price for carbon, a report launched Monday has found.

The football industry's global carbon footprint is estimated at 64-66 million tonnes of CO2 per year – equivalent to the annual emissions of Austria – when including indirect emissions from sponsors, according to a recent report.

The UK government needs to block any future bids to develop the offshore Rosebank and Jackdaw oil and gas fields in order to stick to its climate commitments and avoid locking the country into stranded investments, researchers said on Monday.

There are still "significant barriers" to effective carbon trading taking place in Kenya, with stronger market policy required, a new report has found.

A US-headquartered non-profit is investing in technology aimed at accelerating tree growth and enhancing carbon sequestration, in a move that it says could remove millions of tonnes of CO2 from the atmosphere over the next decade.

Discovery of pest in UK raises fears for Sitka spruce, which accounts for half of country’s commercial plantations

A beetle that has previously devastated Norway spruce populations across continental Europe has been found to be equally attracted to the Sitka spruce, a finding experts say could have significant implications for commercial forestry.

The eight-toothed European spruce bark beetle has now been found in the UK, raising fears for the Sitka, which accounts for a quarter of Britain’s forest cover and half its commercial forestry plantations.

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Strong growth in carbon capture and removal investment helped the wider tech sector remain resilient in 2024 to wider macroeconomic and geopolitical challenges, with investors and startups optimistic for the year ahead.

European carbon fell back on Monday, despite supportive near-term demand fundamentals, as bearish gas continued to exert its influence over EUAs.

The EU Commission is supporting the development of two separate methodologies for measuring biodiversity across wetlands and forests, as part of its efforts to lay the foundations for nature credit markets within the bloc, Carbon Pulse has learned.

South Korea's latest roadmap for its domestic emissions trading scheme offers a glimpse of how the government plans to operate the market, though participants are still awaiting more policy updates to address persisting oversupply.

Ships participating in the EU Emissions Trading System (ETS) that have a deficient ‘compliance balance’ under the new FuelEU Maritime regulation will be hit with two potentially overlapping carbon levies, according to experts.

A Canadian carbon dioxide removal (CDR) firm has announced a wide-scale push into Australia’s mining heartland with two partnerships with local miners and an $8 million boost from two venture capital firms to further its tech, and a separate partnership with the Climate Recovery Institute.

Researchers say the animals could keep red deer numbers under control, leading to storage of 1m tonnes of CO2

Reintroducing wolves in the Scottish Highlands could lead to an expansion of native woodland, which could take in and store 1m tonnes of carbon dioxide a year, researchers have suggested.

A study led by researchers at the University of Leeds said that reintroducing the species into the Cairngorms, as well as the south-west, north-west and central Highlands could help curb the problem of red deer eating tree saplings, which stops natural woodland regeneration.

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Pakistan could earn up to $43 million annually from carbon credits through renewable energy projects, according to a think tank, even as this source of units appears to be running out of steam.

The results of the fourth pilot exit window released Friday sent Australian Carbon Credit Units (ACCUs) prices higher, with participants noting it underlines longer-term supply concerns in the market stemming from underperforming carbon abatement contracts (CACs).

Regional governments, firms, and non-profits involved in REDD+ forest projects all advocated a role for these credits within compliance carbon pricing or payments for ecosystem services (PES) in the week ending Feb. 16.

Indonesia’s power sector emissions trading scheme (ETS) entered its second phase at the beginning of this year, however multiple policy and regulatory issues mean it has yet to be an effective tool for emissions reductions, according to experts.

New EPA guide has clear expectation that biggest coal miners will set out “ambitious emissions reductions goals” that align with the state’s climate targets.

The post NSW coal has a bigger climate impact than France, but now it has to do something about methane appeared first on RenewEconomy.