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An Australian climate tech company has raised A$100 million ($67 mln) from the nation’s oldest bank and its clean energy financier for investment into a range of decarbonisation areas, it said Tuesday.

The government of Quebec, in Canada, has announced a C$922 million ($676 mln) action plan to advance nature protection and restoration across the province.

European carbon allowance prices came under renewed pressure on Tuesday morning amid continued gloomy macroeconomic and geopolitical sentiment, but found support above Monday's six-month low.

An industrial ceramics producer that is facing significant additional costs under the EU ETS if it doesn’t decarbonise fast enough views capturing carbon and converting it into useful products as vital to its continued business offering in Europe.

Two bioenergy carbon capture and storage (BECCS) projects have passed the 'deliverability assessment' as part of the UK government's HyNet cluster expansion process, putting them on track to become operational by 2030, the developer announced on Tuesday.

A French NGO has partnered with a business accelerator managed by BNP Paribas to launch an impact loan facility for scaling blended finance towards marine conservation efforts in the Global South, aiming to raise $35 million.

Geopolitical risk must be put at the heart of government and business decisions for Europe to retain its climate leadership and succeed in bringing down emissions, a German climate, energy, and security expert told Carbon Pulse.

Two scientists share the Nobel Prize for Physics for their work on machine learning.

One of Australia's oldest operating coal generators has been refused bank guarantees and is seeking a crucial rule change or exemption to allow it to continue operating.

The post One of Australia’s oldest coal generators refused bank guarantees, operating status under threat appeared first on RenewEconomy.

Singapore has opened its decarbonisation plans for public comment beginning Tuesday, as it begins work on its upcoming Nationally Determined Contribution (NDC), due in 2025.

Critically endangered flowers get stay of execution after local environmental group threatens legal action against Victorian government

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A critically endangered orchid has received a late reprieve after a local environmental group threatened legal action against the Victorian government, prompting officials to cancel a planned burn of its habitat.

The bald-tip beard orchid – a species with fewer than 10 plants remaining in the Australian wild – was thought extinct until rediscovered in 1968 at a site near Whroo, in central Victoria, where the last surviving wild population has persisted.

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Taiwan is planning to introduce its own version of a carbon border adjustment mechanism (CBAM) as a supplementary measure to an upcoming carbon levy programme.

Harvesting in Bulga state forest, inland from Port Macquarie, is just 400km from global nature-positive summit the government is hosting

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Forest campaigners have accused the federal government of hypocrisy for hosting a global nature-positive summit in Sydney while logging resumed in public forest 400km away in mid-north New South Wales.

The NSW Forestry Corporation has started its harvesting operations in Bulga state forest, inland from Port Macquarie. The area is a stronghold for threatened species including endangered koalas and the endangered greater glider – Australia’s largest gliding possum.

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A proposed biodiversity measuring metric initiative needs to factor in the interplay of climate change and proposed actions, rather than simply focusing on observing changes, an expert told the Global Nature Positive Summit in Sydney Tuesday.

Exclusive: Environment groups urge government to stick to its promises and refuse pesticide application

UK ministers are considering allowing the use of a bee-killing pesticide next year despite promising during the election to ban it.

Neonicotinoids are banned in the EU because they are toxic to bees, but have been authorised for use every year in the UK since 2021.

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Vietnam won’t allow the sales of any carbon units from its emissions trading scheme until after the pilot phase ends in 2028, local media reported Tuesday, citing the deputy prime minister.

The world’s largest miner, BHP, is partnering with a steelmaker to start addressing its iron ore Scope 3 emissions, it announced Tuesday. 

Ofwat reviews water companies against metrics including pollution, customer service and leakage.

How much microplastic does a city produce? To find out, we looked at Brisbane’s Moreton Bay, where microplastics build up without being washed away Elvis Okoffo, PhD candidate in Environmental Science, The University of Queensland Alistair Grinham, Honorary Associate Professor in Civil Engineering, The University of Queensland Ben Tscharke, Research fellow, Analytical Chemistry, The University of Queensland Helen Bostock, Associate Professor in Marine Geology, The University of Queensland Kevin Thomas, Professor of Environmental Health, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

Protections for the Heard and McDonald islands, one of Australia’s wildest and most remote areas, don’t go far enough Andrew J Constable, Adviser, Antarctica and Marine Systems, Science & Policy, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.