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Fintech startup adds Islamic finance expert after securing fatwa for voluntary carbon product
A startup focused on exchange-traded voluntary carbon investment products has hired an Islamic finance professional two months after securing a fatwa establishing that the firm’s product complies with shariah, according to a press release issued Monday.
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Suriname drafts guidelines for developing Paris-aligned carbon credits -media
Suriname has completed draft national legislation to facilitate carbon trading under Article 6 of the Paris Agreement, according to local media.
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INTERVIEW: Rio Tinto’s Serbian lithium mine could help clinch the EU’s climate goals
Serbia could start supplying the EU with a stable stock of high-grade lithium within four years, helping the bloc produce enough electric vehicles and hit its climate targets, the managing director of Anglo-Australian miner Rio Tinto’s deposit in the country told Carbon Pulse.
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Carbon capture is the big potential of biomethane, says trader
The EU’s 35 billion cubic metres (bcm) a year target for biomethane in 2030 could deliver 50 million tonnes of negative emissions through carbon capture at the biogas-to-biomethane conversion stage alone, according to one of Europe’s large traders.
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Planted mangroves can store 75% as much carbon as natural ones, study says
Planted mangrove forests can capture up to three-quarters of the carbon found in natural ones, according to a new paper, which could help better assess how many blue carbon credits can be issued from mangrove restoration projects.
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Euro Markets: Midday Update
European carbon prices began the week on a positive note as the market rose after Sunday's second round of elections for France's parliament appeared to deal a blow to right-wing parties' hopes of forming a government, but the rally was short-lived and by midday EUAs were again testing support at a key level from last week.
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Labour lifts Tories’ ‘absurd’ ban on onshore windfarms
Rachel Reeves says she will revise planning policy and decisions should be taken ‘nationally, not locally’
The effective ban on onshore windfarms has been dropped by the Labour government, in news that has delighted environmental and energy experts.
The ban was caused by two footnotes to the National Planning Policy Framework (NPPF), the rules which govern the building of homes and infrastructure.
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Brussels, New Delhi agree to work together on CBAM
The European Commission pledged to work closely with India to help the country adapt to the incoming Carbon Border Adjustment Mechanism (CBAM) fees and introduce its own emissions pricing scheme, during a visit to New Delhi last week.
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INTERVIEW: Indian developer targets bigger-scale ERW, lower prices
An Indian project developer has ventured into the market for carbon credits from enhanced rock weathering (ERW), eyeing projects that generate more credits and at a lower price than other early movers.
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France tables CCS strategy, aiming to capture up to 8 MtCO2/y by 2030
The French government put forward its carbon capture, utilisation, and storage (CCUS) strategy on Friday, outlining a roadmap to catch 4-8 million tonnes of CO2 per year by 2030, targeting hard-to-abate sectors of industry across four “CCS valleys”.
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Business coalition urges Japan to ramp up ambition in 2035 NDC
A coalition comprising major tech companies and environmental groups in Japan has called on the government to set an aggressive emissions reduction target for its 2035 nationally determined contribution (NDC).
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UK Coal Authority to explore nature credits by 2026
The public body in charge of managing the UK's coal mining legacy has released a nature recovery plan, seeking to include nature-related credits into its financial models by 2026.
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Proposed carbon levy estimated to have limited impact on Taiwan’s economy, ministry says
Imposing a carbon levy on domestic emitters will likely have limited impact on Taiwan's overall economy, though it remains unclear whether the island will be able to launch its carbon pricing programme next year as planned, according to government meeting documents.
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Nordic cohort to develop biodiversity credit methodology for the offshore wind sector in the Baltic Sea
A group of Nordic companies and research institutes have banded together to launch a project aimed at developing a biodiversity credit methodology for the offshore wind sector in the Baltic Sea.
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BRIEFING: Japan using its glut of gas to spread influence in Southeast Asia at the expense of the climate, critics say
Japan is using its excess volumes of LNG to shape, and in many ways slow down, the energy transition in Southeast Asia, by financing gas infrastructure abroad and promoting transboundary CO2 markets as a decarbonisation solution that critics say is yet-to-be-proven and unrealistic.
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Without a massive grid upgrade, the Coalition’s nuclear plan faces a high-voltage hurdle
The post Without a massive grid upgrade, the Coalition’s nuclear plan faces a high-voltage hurdle appeared first on RenewEconomy.
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Australian carbon aggregator, project developer lays off staff
An Australian carbon credit provider has gone through a round of redundancies as part of an organisational restructure, Carbon Pulse has learned.
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The latest crocodile attack is tragic – but the Northern Territory doesn’t have a croc problem
Fatal crocodile attacks are extraordinarily rare in Australia – and there is no evidence to suggest their numbers are too high.
Brandon Michael Sideleau, PhD student studying human-saltwater crocodile conflict, Charles Darwin University
Licensed as Creative Commons – attribution, no derivatives.
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UAE fintech partners with Sri Lankan developer to deliver biodiversity, oxygen credits next month
A Dubai-headquartered fintech firm has teamed up with a Sri Lanka-based project developer to generate and issue biodiversity and oxygen credits within a pilot restoration project in the Belipola private forest.
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Australia exposed as one of world’s worst climate wreckers in key UN-backed report
The post Australia exposed as one of world’s worst climate wreckers in key UN-backed report appeared first on RenewEconomy.
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