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307 local authorities processing biodiversity net gain applications in UK, lawyer says
Some 307 out of 327 local planning authorities are processing applications from developers linked to England’s biodiversity net gain (BNG) scheme, in a sign the market is beginning to function, a lawyer has said.
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Kenyan-based biochar developer aims for expansion after fresh investment
A Kenyan-based biochar developer has raised $1.3 million to scale operations as it eyes its goal of increasing CO2 removal capacity to 100,000 tonnes a year over the next 18 months.
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Dominican Republic signals Article 6.4 readiness, gears up for Paris carbon trading
The Caribbean nation, one of Latin America’s more engaged nations on Paris carbon markets, submitted its Article 6.4 ‘host country participation requirements’ document to the UN on Sunday, having already signed early-stage bilateral carbon trading agreements with Singapore in 2023 and Sweden in 2022.
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Amazon deforestation slashed by 83% in areas protected by Indigenous Peoples, study says
Deforestation rates on Indigenous-managed lands in Brazil's Amazon region are up to 83% lower compared to unprotected areas, a paper has found.
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Study reveals key role of mixed forests in carbon storage, biodiversity
Forest succession plays a crucial role in carbon sequestration and biodiversity, a new study has found, emphasising the particular importance of mixed tree species in these processes.
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DAC developer gets “mammoth” confidence boost from one of its investors
The developer of the world’s largest Direct Air Capture (DAC) plant to date has signed a multi-year contract to remove CO2 from the atmosphere for one of its investors, it announced Tuesday.
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Industry experts launch working group for ‘nature positive’ in built environment
A group of experts has banded together to develop a framework for defining "nature positive" in the built environment industry, aiming to avoid risks of unintentional greenwashing.
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UK commodity house confirms launch of New Zealand carbon trading platform
A UK trading house has officially announced its presence in New Zealand, with plans to launch carbon trading platform in the country.
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INTERVIEW: Brazil’s interlocking carbon markets work to reconcile
Brazil must synergise its forthcoming ETS with the preceding RenovaBio carbon pricing scheme linked to biofuels production, according to a Brazilian economist, as regulatory uncertainty, financial speculation, and the unknown socioeconomic consequences of applying the schemes simultaneously provide shaky ground for successful implementation.
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Euro Markets: Midday Update
European carbon prices were little changed at midday after a morning session in which bulls and bears played tug-of-war, with a firmer gas market supporting EUAs in the face of continued selling pressure.
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EU faces big funding gaps for climate priorities over next five years, report warns
The EU faces large funding gaps in delivering the priorities of its strategic agenda over the next five years, with climate change alone requiring much bigger investments and capital markets only able to fund about a third of it, according to research published on Tuesday.
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South Indian state to implement ARR projects to protect state’s mangroves
A coastal state in the southern part of India is planning to implement afforestation, reforestation, and revegetation (ARR) projects to restore and protect mangrove forests in the state, local media reported Tuesday.
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Australia eyes 2025 start for Guarantee of Origin scheme
Australia is seeking to put legislation in place in time for a late 2025 start for its Guarantee of Origin (GO) scheme, the government said Tuesday.
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European exchange posts significant rise in EUA futures trade
EEX’s European carbon trading volumes surged in the first six months of 2024, compared to the previous year, driven by "significant growth in order book activity" on secondary market EUA futures activity as a result of a new scheme introduced in 2023.
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Over 130 businesses call for stronger nature policy before COP16
Some 132 businesses and financial institutions with combined annual revenues of $1.1 trillion have called for the governments of the world to strengthen their nature policies in the build-up to biodiversity conference COP16.
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Carbon pricing reforms, momentum on CCUS among priorities to kickstart UK clean industry -coalition
Reforms to UK carbon pricing and maintaining momentum behind carbon capture and storage (CCS) clusters are two of the 10 priorities identified by industry, academia, and civil society organisations to grow the UK’s clean industry.
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India’s top agricultural state partners with non-profit, developer to generate agroforestry carbon credits
India’s largest farming state has partnered with a local non-profit and a Singapore-based developer for agroforestry projects across the state in order to boost farmers’ incomes through carbon credit revenue.
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China releases low-carbon transformation plan for coal-fired power plants
Chinese regulators have released a three-year action plan for the low-carbon transformation of coal-fired power plants, with a focus on the development of co-firing methods as well as carbon capture, utilisation, and storage (CCUS).
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NZ Market: Healthy NZU volumes traded, but several hurdles still to clear, participants say
New Zealand’s carbon market has seen robust volumes of NZUs change hands in recent weeks, however the market is still in a wait-and-see mindset ahead of key government decisions and announcements.
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How sustainable is your weekly grocery shop? These small changes can have big benefits
The last thing we want to do is take the pleasure away from eating. But bite-sized changes add up to significant environmental benefits.
Michalis Hadjikakou, Senior Lecturer in Environmental Sustainability, School of Life and Environmental Sciences, Faculty of Science, Engineering & Built Environment, Deakin University
Carla Archibald, Research Fellow, Conservation Science, Deakin University
Özge Geyik, Visitor, School of Life and Environmental Sciences, Deakin University
Pankti Shah, PhD student, Deakin University
Licensed as Creative Commons – attribution, no derivatives.
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