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BRIEFING: China lays out plan for ETS expansion, adds three sectors to national emissions market

Carbon Pulse - Wed, 2025-03-26 21:25
China has finalised a work plan to officially incorporate steel, aluminium, and cement production into the national CO2 emissions trading system.
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UK standards body revamps nature market principles

Carbon Pulse - Wed, 2025-03-26 20:13
The UK national standards body has released a revamped version of its overarching principles for nature credits, calling on companies to engage in the market to address the ongoing environmental crisis.
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UK carbon developer to distribute 250k improved cookstoves in Sierra Leone

Carbon Pulse - Wed, 2025-03-26 19:49
A UK-based carbon project developer is preparing the expansion of a cookstove project in Sierra Leone, with fuel-efficient equipment to be distributed to a further quarter of a million households, it announced this week.
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Tackling climate crisis will increase economic growth, OECD research finds

The Guardian - Wed, 2025-03-26 19:00

Third of global GDP could be lost this century if climate crisis runs unchecked, says report

Taking strong action to tackle the climate crisis will increase countries’ economic growth, rather than damage their finances as critics of net zero policies have claimed, research from the world’s economic watchdog has found.

Setting ambitious targets on cutting greenhouse gas emissions, and setting out the policies to achieve them, would result in a net gain to global GDP by the end of the next decade, according to the Organisation for Economic Co-operation and Development (OECD), in a joint report with the UN Development Programme.

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EU issues draft rules for verification of aviation emissions data

Carbon Pulse - Wed, 2025-03-26 18:45
The European Commission has published draft rules for the verification of emissions data submitted by airlines under the EU's Emissions Trading Scheme (EU ETS) as well as for the accreditation of verifiers to perform the checks, including on green jet fuels.
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German coalition plans show support for Article 6 to help industrials meet EU ETS obligations

Carbon Pulse - Wed, 2025-03-26 18:43
A leaked document from a working group that will shape the energy and climate policies of the new German coalition government has indicated support for using Article 6 carbon credits under the Paris Agreement to help industries address their residual emissions.
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Dubai business group partners with Indian firm to drive global industrial decarbonisation

Carbon Pulse - Wed, 2025-03-26 18:08
A clean technology business group based in the UAE has partnered with an Indian renewable energy company to integrate carbon markets, power transmission, and sustainable energy solutions into the clean economy in Africa and across global markets.
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Australia, Singapore allot $13 mln for eight low-emissions maritime projects

Carbon Pulse - Wed, 2025-03-26 18:02
Australia and Singapore announced Wednesday a A$20-million ($12.6 mln) initiative to reduce maritime sector emissions by selecting eight projects for funding to boost green shipping technologies.
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MOL secures ocean carbon removal credits from US startup

Carbon Pulse - Wed, 2025-03-26 17:58
Japanese shipping giant Mitsui OSK Lines (MOL) has secured carbon removal credits from a California-based startup developing direct ocean capture (DOC) technology, a move to support its 2050 net zero target and diversify its project portfolio.
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NZ Market: NZU price whipsaws amid thin liquidity

Carbon Pulse - Wed, 2025-03-26 17:54
The spot price for New Zealand carbon allowances recovered Wednesday after a major sell-off earlier in the week had sent the price to a 6-month low.
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Charity faces legal action after relocated elephants in Malawi allegedly kill 10 people

The Guardian - Wed, 2025-03-26 17:00

People living near Kasungu national park say they are living in fear after translocation of 263 elephants by International Fund for Animal Welfare

People living on the edge of a protected area in Malawi are taking legal action against an NGO that moved more than 250 elephants into the area, which they say have killed at least 10 people.

Villagers near Kasungu national park, which is Malawi’s second largest and crosses the Zambian border, say they are living in fear for their livelihoods and safety after 263 elephants were introduced in July 2022, causing a sharp spike in human-wildlife conflict. Ten people claiming to be affected by the translocation from Liwonde national park have begun legal action against the International Fund for Animal Welfare (Ifaw), demanding that the conservation NGO construct adequate fencing to protect the 167 villages around the park and compensate local people for the damage caused by the elephants.

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Australian environmental groups slam legislation carve-out for Tasmanian salmon industry

Carbon Pulse - Wed, 2025-03-26 16:25
Australia’s Labor government has faced sharp criticism for a new bill introduced to parliament to protect Tasmania’s salmon farming industry at what environmental groups say will lead to the extinction of a rare and endangered ray, and the ability to challenge prior approvals.
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‘The bush calls us’: the defiant women who demanded a place on the walking track

The Conversation - Wed, 2025-03-26 15:58
➡️ View the full interactive version of this article here. Ruby Ekkel, PhD student in Australian History, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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Ethiopia reforestation carbon project aims to sell credits for at least $50/t

Carbon Pulse - Wed, 2025-03-26 15:00
A reforestation and restoration project in Ethiopia is aiming to sell its credits for a minimum of $50 per tonne to align with market values under Verra's new VM0047 methodology, the developer told Carbon Pulse.
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The 2025 federal budget fails the millions of voters who want action on Australia’s struggling environment

The Conversation - Wed, 2025-03-26 13:49
As the federal election looms, Labor is running out of time to show it cares about Australia’s precious natural environment. Timothy Neal, Senior lecturer in Economics / Institute for Climate Risk and Response, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.
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Proposed bill to ban climate tort claims in NZ slammed

Carbon Pulse - Wed, 2025-03-26 13:37
A draft bill to prohibit civil claims arising from or related to climate change issues in New Zealand has been criticised by climate groups.
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New Forests partners with Japanese papermaker to build new forestry fund

Carbon Pulse - Wed, 2025-03-26 13:35
Global forestry investment manager New Forests has partnered with one of Japan's largest paper and pulp producers to establish a fund dedicated to forest investments.
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Queensland weather: towns cut off and roads closed as days of heavy rain forecast to continue

The Guardian - Wed, 2025-03-26 12:24

Slow-moving trough drags tropical moisture inland, dumping widespread heavy rain onto an already saturated landscape, Bureau of Meteorology says

Heavy rainfall has closed nearly 200 roads and cut off multiple towns in Queensland as already saturated rivers risk more flooding.

The Bureau of Meteorology issued a severe weather warning for heavy rainfall across normally dry inland areas of central west Queensland, including parts of the Northern Goldfields and Upper Flinders, North West, Channel Country, and Maranoa and Warrego districts.

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