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Charities plan to create flagship for nature recovery on 3,850-hectare portion of estate sold by Duke of Northumberland’s son

The Wildlife Trusts have bought part of the Duke of Northumberland’s son’s estate in the largest land sale in England for 30 years.

Marketed by its estate agents as “a paradise for those with a penchant for sporting pursuits, from world-class fishing on the illustrious River Coquet to pheasant and grouse shooting”, Rothbury estate has now been bought by the federation of charities, which plans to restore it for nature.

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A London-based asset manager is launching a carbon removal fund to give institutional investors access to solutions that can deliver investment returns and help them reach net zero emissions, it announced on Tuesday.

A Colombian energy transmission company has announced its support for a small voluntary biodiversity credit project in Colombia with the aim of helping open up a market.

European power prices continue to fall from their 2022 record highs and are poised to extend this weakness through the end of the decade, analysts predict.

Carbon crediting standard Verra on Tuesday officially unveiled its long-awaited nature framework for the voluntary biodiversity credit market, expecting to register the first batch of projects from April next year.

Japan's highest mountain typically gets snow by early October, but there has been unusually warm weather this year.

The Asian Development Bank (ADB) on Tuesday announced it has issued its first biodiversity and nature bond, with the 10-year issue being purchased by Japanese life insurance company Dai-ichi.

An environmental data software firm has partnered with a digital monitoring, reporting, and verification (dMRV) company to enhance their forest carbon data, the companies announced on Tuesday.

Saudi Arabia is looking to launch a national compliance carbon market in the next two to three years, the country’s energy minister revealed on Tuesday.

A ‘massive’ green hydrogen company is set to be launched by Saudi Arabia’s Public Investment Fund, with European industrial companies a key target market.

Global online retail firm Amazon has partnered with a Swiss battery startup to trial a new battery technology to address the limitations of solar energy storage in 24/7 operations, the two companies announced on Tuesday.

The geothermal energy deep beneath UK soil offers a huge, untapped opportunity to decarbonise the country’s heating, according to an oil and gas company developing opportunities in the sector.

BP’s pivot away from the green revolution hit a snag Tuesday after the oil major reported its weakest quarterly earnings since the fourth quarter of 2020, when industry profits cratered during the coronavirus epidemic.

Finland has become the first EU member state to announce plans to develop a framework for companies to invest in voluntary biodiversity credits that go beyond existing environmental offsetting provisions, in a bid to encourage companies to take nature action.

It was my dream job. But what’s the point of preserving masterpieces for a future being destroyed by fossil fuel companies?

• Margaret Reid is currently on remand for taking action with Just Stop Oil

I used to be part of the art world but I just can’t stomach it any more. Now I’m in prison, and it suits my conscience better. Back in the 1980s, art was my life. Aged 16, I fell head over heels for painting and could imagine nothing better than spending my life working in museums.

Looking back almost 40 years, I see my younger self, starstruck in Paris. I’m staring up with awe at Théodore Géricault’s The Raft of the Medusa and greedily gobbling up the story of how it scandalised the art world. That sickening green cadaver that almost fell out of the frame had me weeping with admiration. Of course it shocked the critics. They hated the grisly truth: the emaciated corpse that was a direct challenge to government corruption and incompetence.

Margaret Reid is a former museum professional currently on remand for taking action with Just Stop Oil

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Vietnam is finalising the details of a decree outlining how emitters will be allowed to meet 10% of their greenhouse gas reduction obligation with foreign offsets and is looking to South Korea and the EU as examples, officials said Tuesday.

European carbon prices resumed the recovery that began late last week, erasing Monday's loss and reconnecting with Thursday and Friday's intraday highs as buyers returned to the market and pushed prices close to technical resistance levels.

Department’s finances were slashed during austerity and campaigners say more cuts will stall progress to meet nature and climate targets

Rachel Reeves has been urged not to cut the government’s environment funding in the budget as analysis shows the department’s finances were slashed at twice the rate of other departments in the austerity years.

Between 2009/10 and 2018/19, the environment department budget declined by 35% in monetary terms and 45% in real terms, according to Guardian analysis of annual reports from the Department for the Environment, Food and Rural Affairs (Defra), the Environment Agency and Natural England. By comparison, the average cut across government departments during the Conservative austerity programme was about 20%. During the first five years of austerity, it was the most cut department.

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A biodiversity credit project developer and a data provider have announced a partnership with the aim of scaling projects in countries across Africa, South America, and Europe, Carbon Pulse has learned.

A Spanish agricultural organisation has launched a project aimed at generating carbon credits from the livestock sector, targeting pollution reduction and emissions control in pig farming.