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A Switzerland-based climate finance firm, in partnership with a consultancy, has secured a contract with the Asian Development Bank (ADB) to assist the Jakarta municipal government in establishing a carbon pricing framework.

The risk division of a large French-headquartered insurance company and a UK-based consultancy firm have released a report to help businesses assess their nature-related impacts and dependencies.

A new public-private partnership in Ghana is set to mobilise $25 billion of climate finance to restore degraded land and waterways, while generating hundreds of millions of investment-grade carbon and biodiversity credits, the partners announced on Monday.

Quality standards are essential for captured CO2 to be traded across the EU and flow across borders into pipelines, but too-high standards also risk inflating costs for industry, and regulators are seeking to find for the right balance.

The International Union for Conservation of Nature (IUCN) is planning to pilot the use of its nature restoration metric at landscape scale in a collaboration with Australia-headquartered mining company Fortescue.

The head of oil major Shell's voluntary carbon offset sales team has joined a REDD+ project developer, they announced Monday.

Japan would be better able to shore up its domestic energy security via investing more in renewables within its own borders than LNG projects outside of them, especially in geopolitically fraught areas, a think tank warned this week.

The effectiveness of the CORSIA international aviation offsetting scheme could be limited by implementation challenges such as the structural barriers in applying corresponding adjustments under Article 6 of the Paris Agreement, according to a report released over the weekend.

A Tokyo-listed beverage group has formulated a carbon credit purchase and development policy that prioritises offsets from forestry and sustainable agriculture projects.

Commitment may quell caucus angst about party’s environment credentials, but could face backlash from Western Australia’s industry and government

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Labor has vowed to establish a federal environment protection agency if it wins the election, just weeks after the 2022 election promise was shelved amid a political and industry backlash in Western Australia.

The public commitment will help placate Labor MPs anxious about the party’s green credentials after the government went ahead with laws to protect Tasmania’s salmon industry from legal challenge over its impact on the endangered Maugean skate.

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The International Energy Agency (IEA) found a record year for power demand in 2024 even as emissions growth slowed, underlining the fact that after decades, economic and emissions growth are finally and demonstrably decoupling.

The first module to recognise the use of terrestrial ecosystem flux greenhouse gas measurement in the voluntary carbon market has been released by a standard body and a developer.

The owners of our poles and wires are keen to own batteries and control EVs. If they agree to more disclosure, they might generate more trust.

The post Poles and wires: If networks want to own batteries and control EVs, a little public disclosure would help appeared first on RenewEconomy.

A broad trough has dragged in warm, moist air and offers perfect ingredients for heavy rainfall and even supercells

Northern parts of Australia have been under a flood warning this weekend, with further flooding set to bring havoc to south-eastern parts of the Northern Territory and western Queensland early this week. A broad trough – an area of locally lower pressure – has been moving across northern Australia, dragging in warm, moist air from the Gulf of Carpentaria and providing the perfect ingredients for the formation of severe thunderstorms, and even supercells.

More than 70mm (2.75in) of rain fell in an hour under the slow-moving storms over the weekend in what is usually an arid, low rainfall zone with a desert/grassland climate classification. Some parts of the region have sparse observation data, but some local stations have been able to record more than 100mm within 24 hours, with 132mm of rain at Marion Downs, Queensland.

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A nature-based carbon project certifier has appointed a former president of Verra to help drive its expansion after raising €5 million in funding in December.

Australia’s opposition Coalition would seek to weaken the Safeguard Mechanism, but not scrap it altogether, local media reported Monday, however little details were revealed beyond that.

Twenty-three people hospitalised with fire ant stings amid an increase in reports of the highly invasive pest in south-east Queensland

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Twenty-three people have been hospitalised with serious fire ant stings amid a surge in reports of the invasive pest in the aftermath of Ex-Tropical Cyclone Alfred and a new $24m package targeting suppression of the insect.

The National Fire Ant Eradication Program has received notifications of 60 serious red imported fire ant (Rifa) stings in south-east Queensland since 1 March, with 23 serious enough to warrant hospital care. Separately, a puppy stung to death 15 months ago was reportedly the first pet killed in Queensland by the ants.

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Australia’s Emissions Reduction Assurance Committee (ERAC) late last year invoked a rule it has never used before which could have significant implications for the four methodologies it is currently reviewing.

A platform to reward British homeowners for energy efficiency savings funded by the sale of carbon credits has launched in the UK.

Talks to take place with operators about the scheme, announced in 2020, which has failed to make any grants

Ministers are considering diverting money from a £950m scheme to install rapid chargers for electric cars on the UK’s motorways, announced five years ago, after it failed to make a single grant.

Much of the cash allocated to the rapid charging fund (RCF) could be redirected to investments in other charging schemes, or to support the transition to electric vehicles more broadly, although decisions have yet to be made, according to a person close to discussions in government.

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