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Only about half of carbon revenues generated globally from compliance markets is directly used for climate and nature, a new report has found.

India will seek to ensure every stakeholder will benefit before rolling out a policy to support its carbon market, a government official said this week.

Credit retirements across the four main registries in the voluntary carbon market are on track for a record year, lifted by particularly buoyant activity among energy companies.

A Canadian financial hub has announced it will set up a research centre tasked with developing financing mechanisms to scale investments towards nature protection, including biodiversity credits and biodiversity bonds.

European carbon prices rose by as much as 2.1% on Friday, catching support from rising natural gas and a relatively strong auction outcome, before giving up all their gains as the market continued to move within the €68-€72 range it has occupied all week.

Heating and cooling of buildings will be the next big decarbonisation challenge across the EU, according to 15 of the 27 member states, as the sector makes its debut into ETS2 from next year.

Fossil-fuel dependent country hopes to provide bridge between wealthy global north and poor south at November gathering

Oil is inescapable in Baku, the capital of Azerbaijan. The smell of it greets the visitor on arrival and from the shores of the Caspian Sea on which the city is built the tankers are eternally visible. Flares from refineries near the centre light up the night sky, and you do not have to travel far to see fields of “nodding donkeys”, small piston pump oil wells about 6 metres (20ft) tall, that look almost festive in their bright red and green livery.

It will be an interesting setting for the gathering of the 29th UN climate conference of the parties, which will take place at the Olympic Stadium in November.

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China’s national carbon market saw allowance prices rise marginally over the past week, while liquidity dropped to the lowest level since Mar. 2023 amid an absence of regulatory news.

Church asks people to record species found in local graveyards, which can provide good habitat for complex life form

The still calm of graveyards invites visitors to think about the dead, but now the Church of England is asking people across the country to look for surprising signs of life within them.

Graves are a haven for lichen, with more than 700 of the 2,000 British species having been recorded in English churchyards and cemeteries so far. According to surveys by the church, many sites have well more than 100 species on the stonework, trees and in the grassland.

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Glyphosate found in samples from French infertility clinic raising questions about controversial chemical’s impact on fertility

More than 55% of sperm samples from a French infertility clinic contained high levels of glyphosate, the world’s most common weedkiller, raising further questions about the chemical’s impact on reproductive health and overall safety, a new study found.

The new research also found evidence of impacts on DNA and a correlation between glyphosate levels and oxidative stress on seminal plasma, suggesting significant impacts on fertility and reproductive health.

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A Southeast Asia-focussed biochar company has received $5 million in funding via investment from Mekong Enterprise Fund IV.

China saw growth in renewable power generation last month continue to surpass the expansion of thermal power, though monthly coal output remained at a relatively high level, according to the latest government data.

Environmental groups in Papua New Guinea have once again written to the government calling for transparent and robust consultation on the country’s carbon market regulations.

Pakistan is targeting its cement and waste management sectors for decarbonisation, while also exploring carbon finance opportunities under Article 6 of the Paris Agreement.

Seismic companies are increasingly collaborating, investing, and lining up for carbon capture and storage (CCS) work, thanks to increasing interest from countries globally looking to the technology as a way to foster CO2 trading and markets, as well as meeting emissions reductions targets.

Crediting standard Verra is on track to launch its nature framework towards the end of the year with a number of adjustments following its recent consultation process, and has decided to go ahead with testing nature stewardship credits or certificates as a separate unit type.

The price for NZUs closed around 6% lower on Friday as a recent government consultation proposing weaker ETS settings has been met with "anger and frustration" in the market. 

The best of this week’s wildlife photographs from around the world

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Motivated by a determination to do the right thing by the planet, Kenrick's house now generates clean energy for the grid, and makes money for his family.

The post How this 1960s Sydney home became carbon negative and now displaces other people’s fossil fuels appeared first on RenewEconomy.

When Labor took office, it promised to reverse nature’s decline. But that looks more and more like greenwashing Megan C Evans, Senior Lecturer, Public Sector Management, School of Business, UNSW Sydney Brendan Wintle, Professor in Conservation Science, School of Ecosystem and Forest Science, The University of Melbourne Hugh Possingham, Professor of Conservation Biology, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.