Feed aggregator

Large-scale bioenergy with carbon capture and storage (BECCS) could remove less than 200 million tonnes of CO2 by 2050 if land and ecosystem constraints are considered, far below levels assumed in many climate scenarios, according to a new study released on Wednesday.

The frequency of mentions of some nature finance tools in non-academic literature is inconsistent with their actual capital contributions, a preprint paper has said.

Only 17% of the world’s peatlands are protected despite storing more carbon than all the world's forests combined, a study released Thursday has found.

Representatives from several large corporates, including Amazon, ExxonMobil, and Microsoft, have teamed up with voluntary carbon experts as part of a new task force aimed at driving integrity in the market.

European carbon prices continued to track lower on Thursday morning amid heavy losses on gas markets, as sources also pointed to the trend coming as part of an "overdue" correction lower after a sustained period of strength.

The government of Kano in Nigeria has partnered with a Moroccan agri-tech firm to enhance agricultural productivity while enabling farmers in the state to earn carbon credits, as reported by several local media sources.

Consumption-driven deforestation caused by high-income countries has been responsible for over 13% of forest habitat loss globally since 2001, according to a paper released on Wednesday.

A benefit-sharing mechanism for the use of digital sequence information (DSI) on genetic resources, such as the one established at COP16, can be crucial to support biodiversity conservation under the UN High Seas Treaty, the International Union for Conservation of Nature (IUCN) has said.

The European Commission on Wednesday confirmed its intention to adopt carbon farming certification methodologies before the end of the year and write them into law under the EU’s Carbon Removals and Carbon Farming (CRCF) regulation.

The EU Carbon Border Adjustment Mechanism (CBAM) will have minimal immediate economic impact on Southeast Asia in the short term, but that might change in time and the scheme offers an opportunity to nations in the region to scale up their carbon pricing systems, according to new research.

An Australian biodiversity project developer is looking to work with select major corporations to set up a series of nature protection projects across the country.

Two of the five Australian banks remaining in the Net Zero Bank Alliance are sending mixed signals about their future involvement after Macquarie pulled out.

The post “War on woke banks:” Macquarie joins mass exit from net zero alliance. Will Australia’s Big Four follow suit? appeared first on RenewEconomy.

A US NGO has published research showing that Louisiana’s wetlands could be a key carbon sink, presenting an opportunity for blue carbon projects in the country.

A Tokyo-based developer has added another initiative to its project pipeline in the Philippines, taking advantage of the Southeast Asian country approving a new methodology under the bilateral Joint Crediting Mechanism (JCM).

The federal government has added four part-time board members to Australia’s Clean Energy Regulator (CER), it announced Thursday.

An Amsterdam-based carbon finance company has raised €1 million to scale fertiliser-related insetting to decarbonise the agri-food sector, it announced on Thursday.

South Korea has cancelled this month's carbon permit auction, as activity in the national emissions market remains relatively slow.

The International Civil Aviation Organisation (ICAO) has established a global financial platform to directly connect sustainable aviation projects with investors worldwide.

Call for means-tested grants or loans to cover upfront costs that prevent poorer households from benefiting

Poorer households could cut their energy bills by a quarter if solar panels were installed on their rooftops, a report has found.

However, the upfront costs mean that those who stand to benefit most from decreased energy bills are prevented from getting panels installed, according to the Resolution Foundation thinktank.

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Bogs and swamps are a colossal carbon store but their continued destruction would blow climate change targets

The world’s peatlands are “dangerously underprotected” despite the colossal amount of climate-heating carbon dioxide already being emitted due to their destruction, a study has warned.

Peatlands occupy just 3% of all land, but contain more carbon than all of the world’s forests. However, farmers and miners are draining the peatlands, releasing so much CO2 that if they were a country, they would be the fourth biggest polluter in the world after China, the US and India.

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