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Major banks are far off track in meeting their climate targets and pledges are often less ambitious than they seem at face value, according to analysis published Wednesday.

A government report, obtained by a reporter from Australia's national broadcaster, found the Northern Territory government believes the gas industry will drive up its emissions by 100% even under a conservative scenario.

The European Commission has approved a Dutch plan to provide €700 million of state aid to compensate farmers for voluntarily closing their livestock farming sites to help cut nitrogen emissions, it announced on Wednesday.

Cambridge researchers are leveraging the capabilities of drones, lasers, and AI to try to transform the speed and accuracy of assessing biodiversity and carbon in forests.

Carbon ratings agency BeZero Carbon has this Tuesday issued its highest-ever rating for the first publicly evaluated direct air capture with carbon storage (DACCS) project. 

Experts say climate policies contained within rightwing manifesto would wreck US climate targets and cost jobs

The impact of Donald Trump enacting the climate policies of the rightwing Project 2025 would result in billions of tonnes of extra carbon pollution, wrecking the US’s climate targets, as well as wiping out clean energy investments and more than a million jobs, a new analysis finds.

Should Trump retake the White House and pass the energy and environmental policies in the controversial Project 2025 document, the US’s planet-heating emissions will “significantly increase” by 2.7bn tonnes above the current trajectory by 2030, an amount comparable to the entire annual emissions of India, according to the report.

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India should include the power sector in its planned emissions trading scheme to make it more effective, as exempting it would leave 40% of national greenhouse gas emissions unregulated, according to a report released this week.

The Japanese government is considering establishing a biodiversity offsetting scheme similar to the biodiversity net gain (BNG) law in England to compensate for habitat degradation driven by flood control, chief researchers at the infrastructure ministry have told Carbon Pulse.

European carbon prices were moderately firmer on Wednesday morning after a re-emergence in buying interest after Tuesday's decline, shrugging off a weaker natural gas market as weekly position data showed investment funds had cut their bearish bets to the lowest in two months.

A group of 77 former world leaders and Nobel laureates is calling out governments for dropping any mention of fossil fuels and a just transition from the 'Pact for the Future' in negotiation ahead of an upcoming UN summit in New York.

A Russian gold mining company has been issued almost 2.2 million voluntary credits by the country’s national carbon registry for emissions reductions linked to cleaner energy usage.

South Korea’s latest monthly CO2 permit auction was undersubscribed even with the annual compliance deadline rapidly approaching, with analysts expecting the permit price to remain at relatively low levels due to a lasting oversupply in the market.

Exclusive: In 2024, 19 national temperature records have been set as weather extremes grow more frequent, climate historian says

• How does today’s extreme heat compare with Earth’s past climate?
• ‘You feel like you’re suffocating’: Florida outdoor workers are collapsing in the heat without water and shade

A record 19 national heat records have been broken since the start of this year, an influential climate historian has told the Guardian, as weather extremes grow more frequent and climate breakdown intensifies.

An additional 130 monthly national temperature records have also been broken, along with tens of thousands of local highs registered at monitoring stations from the Arctic to the South Pacific, according to Maximiliano Herrera, who keeps an archive of extreme events.

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A group of academics have launched a community-focused standard for high-integrity carbon and biodiversity credits to address the growing demand for reliable markets, the team leader has told Carbon Pulse.

A shareholder activist group known better for being the scourge of the oil and gas and high-emitting resources industry and those who fund their polluting work has welcomed new, tough transition plans from Australia’s leading bank.

The rate of global warming is expected to decline over coming years under current climate policies, though the downward trend could be greater if both NDCs and long-term net-zero targets are met, according to new analysis.

Influx of highly pathogenic strain a case of ‘not if, but when’ and could devastate native wildlife, experts say

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The Australian government is ramping up preparations for a highly pathogenic and contagious strain of bird flu potentially reaching Australia via its Antarctic territory and Macquarie Island, warning it could devastate wildlife and be passed to people.

Government agencies led by the Australian Antarctic Division at a planning exercise in Hobart on Wednesday were told an influx of the virulent H5N1 Avian flu strain that has killed millions of seabirds, wild birds and poultry overseas was a case of “not if, but when”.

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An Abu Dhabi-based asset management firm has teamed up with two international partners to promote a sustainable rice farming method and generate carbon credits deemed eligible under Japan's bilateral framework in Indonesia, it announced Wednesday.

A substantial share of private finance will flow towards biodiversity credits as investors are confident demand for them will surge in coming years, a think tank researcher has said.

A Korean financial institution is planning to provide deposit services for a planned consignment carbon trading platform that will likely be added to the country's national emissions trading scheme next year, local media reported.