Feed aggregator

Ethiopia’s planning and development ministry, working with a UN capacity-building programme, is looking to craft a comprehensive framework for international carbon markets engagement, including participation in Article 6 carbon trading under the Paris Agreement.

Michel Barnier, a former EU commissioner and early champion of the European Green Deal, has been appointed French prime minister.

A French carbon removal credit manager has completed another funding round for an undisclosed amount, as it looks to further grow its credit purchase commitments beyond 10 million.

Carbon offsets could help the EU achieve its climate targets, but only if it insists on more rigorous rules around accounting, as well as around broader corporate net zero target-setting, according to a report published Thursday by a former European Commission senior official.

Mozambique’s Ministry of Land and Environment has given approval to a Dubai-based firm to restore mangroves along the degraded coastline in the Zambezia province of the African nation and generate carbon credits, the developer announced Thursday.

Krzysztof Bolesta, Poland’s state secretary for climate and environment, has highlighted his three main priorities for the upcoming six-month Polish EU Presidency beginning on Jan. 1 next year.

A Japanese carbon project developer has strengthened its management team as it seeks to scale to meet credit demand in the country.

Global investors representing $1.4 trillion in assets under management have called on companies they invest in to urgently disclose their nature-related impacts and address related dependencies.

Executives at the Evergreen Fund have said they could almost quadruple the land in English habitat banks generating biodiversity net gain (BNG) over the next couple of years up to around 400 hectares, if demand increases, Carbon Pulse has learned.

While carbon markets are helping to stem global warming, even a "very strong" energy transformation scenario would only limit global temperature rise to 2.4C, analysts said at a webinar this week.

Corporate financing of carbon removals will be crucial to keeping aligned with Paris Agreement commitments but they are not being deployed at the speed and scale necessary, a working paper from a UK university has argued.

Enthusiasts discovered Norfolk snout, thought to have died out in the UK in 1971, in their garden

The Norfolk snout was always a rare moth in Britain. By the late 1960s, populations of this small beige moth with a distinctive protuberant “nose” had dwindled to just one site – a working quarry in north-west Norfolk.

Bad weather or possibly over-collecting by a few zealots meant that the moth, which has a 20mm wingspan, became extinct in Britain in 1971.

Continue reading...

European carbon allowance prices were marginally firmer at midday on Thursday, with the benchmark clawing back early losses as energy markets appeared to be stabilising after three days of declines.

Implementing a 'bioeconomy' approach on biodiversity credit project areas in the Amazon could help developers stay afloat at a time when demand for units has yet to pick up, the founder of a Brazil-based nature tech company has told Carbon Pulse.

The World Bank’s International Finance Corporation (IFC) has provided a loan of $60 million to the second largest steel producer in Indonesia in order to help the firm transition to low-carbon production and drive sector-wide decarbonisation.

A startup focused on exchange-traded carbon investments has tied up with a Dubai-headquartered e-marketplace firm to offer voluntary credits to its clients.

A Brazilian startup released on Wednesday the first version of its biodiversity credit methodology for endangered species, predominantly focused on plants, after implementing a two-month trial on a small private land area.

Japanese public financial institutions provided a staggering $93 billion in support for overseas oil and gas projects over the last decade, four times larger than that provided for clean energy projects, a report has found.

Some 20 investors managing $695 billion in assets collectively have asked a chemical company to avoid mining a wetland in the US for titanium, in a letter on Tuesday.

New legislation gives regulators more powers to tackle water pollution in England and Wales.