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The European Environment Agency (EEA) has said more action is needed to control and reduce methane emissions across Europe and globally, in a briefing published on Thursday.

An AI-focused research centre, established by a subsidiary of one of Japan’s largest insurers, and a nature data company have announced a partnership on a biodiversity risk product.

Cuba’s third Nationally Determined Contribution (NDC) has specified that it will use Article 6 cooperative approaches to secure climate finance, helping it to achieve conditional Paris Agreement goals.

Frontier has facilitated offtake agreements worth $30.6 million for an electrochemical direct air capture (DAC) developer to remove 47,000 tons of CO2 between 2027 and 2030, the buyers coalition announced Thursday.

Energy company Drax Global could roll back investment in its flagship bioenergy with carbon capture and storage (BECCS) plant in the UK, it said Thursday.

Bloomberg and benchmark provider General Index (GX) have expanded their strategic collaboration to enhance access to voluntary carbon market (VCM) price data on the Bloomberg Terminal, the companies announced on Thursday.

A European Commission proposal to delay climate reporting and due diligence obligations on companies operating in Europe is facing resistance in Parliament where centrist and left-wing lawmakers have warned against attempts to unravel the Green Deal.

Seeds of 177 species from across Africa to be stored in Norway to preserve crop diversity in case of disaster

More than 100,000 seeds from across Africa have been deposited in the Svalbard Global Seed Vault, the world’s repository for specimens intended to preserve crop diversity in the event of disaster.

Among the latest additions are seeds critical to building climate resilience, such as the tree Faidherbia albida, which turns nitrogen into ammonia and nitrates, and Cordia africana, the Sudan teak, a tree renowned for its strength and durability.

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A startup backed by a US oil major and global industrial claims that the pongamia tree native to the subtropics can provide feedstock both for sustainable aviation fuel and protein — thereby resolving the food versus fuel land debate, while also generating carbon credits.

A carbon removal (CDR) registry and certification standard has introduced a new verification model and cost-saving measures, including adjustments to its auditing and digital monitoring, reporting, and verification (dMRV) processes.

Inquiry set up by academics and campaigners to rival ‘too limited’ government-established commission

A “people’s commission” on the future of the water industry will travel across England and Wales taking evidence from the public and environmental campaign groups fighting sewage pollution.

Academics and environmental campaigners who were central to exposing the routine dumping of raw sewage into rivers by water companies have set up the inquiry to rival the government-established independent commission.

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The Philippines this week launched an action plan to scale up the production of high-quality blue carbon from mangroves and seagrasses, as the archipelagic nation looks to develop a national roadmap for leveraging marine resources to support climate goals.

European carbon was firmer on Thursday, tracking a technical bounce in natural gas prices after both markets had fallen for three days in a row, as analysts described the gas market as oversold and participants also highlighted increased hedging of March EUA options.

The Scottish government has released a plan outlining actions to drive financing towards biodiversity protection across the country, including developing an Ecosystem Restoration Code to scale up market-based investment.

Goldman Sachs Asset Management announced on Thursday the launch of a global biodiversity bond fund to address investors' increasing interest in nature, the firm has said.

The European Commission is putting wholesale gas markets under close scrutiny as part of a renewed transparency push, wielding “possible sanctions” on those attempting to manipulate a market that is also driving carbon prices on the EU’s Emissions Trading Scheme (ETS).

Australia could follow New Zealand's example to help industrial companies switch from gas to electricity.

The post New Zealand is a poster child for industrial electrification. Can Australia follow suit? appeared first on RenewEconomy.

Big batteries are booming in Germany but their role in aadvancing the energy transition appears to have been impeded by their increasing use for profit.

The post How to make sure big batteries are focused on helping the grid, not lining their owner’s profits appeared first on RenewEconomy.

Carbon standard Verra has released a new methodology that applies to projects implementing improved water and crop management practices in flooded rice systems.

The global carbon mineralisation industry could be worth tens of billions of dollars using existing mine waste, according to a white paper released Thursday by a startup in the space.