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Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the week ending Sep. 8, characterised by a surge of biodiversity pricing news intimately connected to Amazon rainforest carbon projects.

As Japan has begun preparation work for the design of a compliance carbon market, the government should clarify some key legal issues to remove doubts when embedding the concept of emissions trading in the domestic legal framework, according to experts.

A Nigeria-based software startup is aiming to generate 400,000 tonnes of carbon removals in three years’ time by helping farmers sequester soil carbon through the application of biochar, in partnership with a commercial bank.

An Australian Senate committee has recommended the Nature Positive Bill 2024 be passed by the Senate, the nation’s upper house of parliament, subject to several recommendations it has made.

The Nigerian state government of Lagos has launched a carbon registry so that corporates can voluntarily document their emissions, as part of efforts to achieve net zero, according to local media.

A Mexican investment firm has partnered with a France-based environmental company to pre-purchase biodiversity, water, and carbon credits worth $25,000, Carbon Pulse has learned.

The hotly contested wind farm has been cleared for development by the Independent Planning Commission with enough turbines to ensure the project is commercially viable.

The post Hills of Gold wind farm wins state development consent – and fight for more turbines appeared first on RenewEconomy.

European carbon prices reversed early losses on Monday morning to reach midday marginally higher as natural gas continued to lead the way, with participants reporting an uptick in dip-buying.

A UN agency and the government of the Philippines announced today the launch of an over €100-million project to support local farming communities and protect the country's fragile ecosystems.

Cement, steel, and aluminium will be brought into China's emissions trading scheme this year with the first compliance deadline for the new participants set for the end of 2025, according to a policy draft released Monday.

Solar power could enable 400m Africans without water to tap into groundwater aquifers. However, we must ensure smaller projects do not lose out in the rush for new technology

It’s a truly dreadful irony: for many of the 400 million people in sub-Saharan Africa who lack access to even a basic water supply, there is likely to be a significant reserve in aquifers sitting just a few metres below their feet.

Groundwater – the water stored in small spaces and fractures in rocks – makes up nearly 99% of all of the unfrozen fresh water on the planet. Across the African continent, the volume of water stored underground is estimated to be 20 times the amount held in lakes and reservoirs.

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Methane leaks from Queensland’s many coal mines are not being adequately addressed by the government or Australia’s beefed up Safeguard Mechanism, driving emissions up that should be falling, according to a report from an environmental law firm.

The Ministry of New and Renewable Energy (MNRE) in India has launched a draft of its green hydrogen certification scheme with an aim to provide a framework for the measurement, monitoring, and certification of green hydrogen production in the country.

Climate crisis is driving key predators from their homes and threatening an already embattled ecosystem

Sharks are deserting their coral reef homes as the climate crisis continues to heat up the oceans, scientists have discovered.

This is likely to harm the sharks, which are already endangered, and their absence could have serious consequences for the reefs, which are also struggling. The reef sharks are a key part of the highly diverse and delicate ecosystem, which could become dangerously unbalanced without them.

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The fossil fuel industry has been able to use its ties with the university sector in multiple countries to fund research that promotes its own interests and acts as a form of climate obstructionism in ways that have yet to be fully realised, a recently published study has found.

Think of single-phase power as a single-lane road. It’s enough to handle regular household appliances. Three-phase power is more like a three-lane highway. It’s designed to handle much heavier loads. Asma Aziz, Senior Lecturer in Power Engineering, Edith Cowan University Licensed as Creative Commons – attribution, no derivatives.

Genie Energy founder on why local energy hubs are so important for regional communities – and where renewables developers are going wrong.

The post SwitchedOn Podcast: What the “shiny shoes” brigade is getting wrong in the regions appeared first on RenewEconomy.

The maximum instantaneous share of renewables on the NEM has hit a new all-time high – and pushed the share of coal to a new low.

The post Share of renewables hits record high on Australia’s main grid, sends coal to new low appeared first on RenewEconomy.

An Australian agtech company has formed a strategic alliance with a local carbon project developer in a bid to expand its presence in the market, it announced Monday.

Plans to build a massive 600MW solar farm and 1200MWh big battery have cleared their final hurdle, after being cleared for construction by the federal environment minister.

The post Huge solar farm and battery project to go ahead after securing federal green tick appeared first on RenewEconomy.