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Philippines has been elected as host country for the Loss and Damage Fund at the second meeting of the Board which began in Songdo, South Korea on Tuesday.

An executive from a major investment bank has said Australia’s carbon price will have to rise before it commits to investing in CCS projects in the region, arguing it cannot rely on government subsidies.

Although it was overhauled this year to address the energy crisis caused by Russia’s war in Ukraine, the EU power market will need a second round of reform to enable a growing share of renewables in the system, experts say.

An independent ESG-focused organisation has launched a new transition analytics tool, designed for asset owners and managers to better manage climate risk, engage their portfolio companies, and meet their varied environmental commitments and reporting requirements. 

The New Zealand government on Tuesday released a draft framework for carbon capture, utilisation, and storage (CCUS), proposing to bring resulting CO2 reductions or removals into the nation’s emissions trading scheme.

Japan has issued a funding call under the Joint Crediting Mechanism (JCM) to provide financial support for projects that can achieve greenhouse gas reductions by destroying alternative fluorocarbons from used equipment.

A South Korean project developer has secured a contract to purchase internationally transferred mitigation outcomes (ITMOs) under the Paris Agreement from an African country, as it seeks to expand its business in the emerging Article 6 market.

Singapore and Laos on Tuesday announced they have signed a Memorandum of Understanding (MoU) to cooperate on carbon credits under Article 6 of the Paris Agreement.

Indonesia has signed a $35 million debt-for-nature swap and coral reef conservation agreement with the US and four non-governmental organisations (NGOs) to protect and restore country’s coral reef ecosystems.

Activists are convinced a wartime campaign of resistance is the only way to highlight the existing system’s failure to meet the moment

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As pro-Palestinian protesters sparked outrage scaling the roof of Parliament House last week, a few dozen activists at Newcastle were making an equally sharp point – mostly to less fanfare.

Over more than two weeks, campaigners under the Blockade Australia banner have been interrupting trains near the world’s biggest coal port. My colleague Jordyn Beazley reported that by Monday at least 500 train journeys had been cancelled and more than 30 people arrested.

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I’ve studied stress in marsupials. Here’s why banning koala cuddles is a good idea – backed by the scientific evidence on koala handling and stress. Edward Narayan, Senior Lecturer in Animal Science, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

Industrial and oil and gas heavyweights have highlighted the long list of challenges that need to be figured out if their aspirations of establishing CCS value chains in Asia are to become a reality.  

Plenty of farmers are “all-in” on alternative energy solutions to power their operations, but there are plenty of barriers making the task difficult and the result disappointing.

The post “Sad, pathetic:” Farmers say arcane network rules take the cream off the clean energy they produce appeared first on RenewEconomy.

CEFC tips $50m into non-bank's offer of discounted loans and novated leases for SMEs wanting to buy solar, batteries, EVs and energy efficient equipment.

The post Green bank backs cheap loans to unlock EVs, solar and batteries for business appeared first on RenewEconomy.

The commissioners and chair of a new board to help reach net-zero emissions have been unveiled before major energy executives discuss the renewable transition.

The post NSW unveils net zero board to keep emission reductions on target appeared first on RenewEconomy.

Singapore-based company that describes itself as the world's first "pure play" company specialising in the provision of offshore wind farm vessels, wins approval for $1.1 billion takeover of Australian listed company.

The post The billion dollar takeover with an eye to Australia’s nascent offshore wind market appeared first on RenewEconomy.

Response to storm-triggered trip of Loy Yang A coal plant shows EVs can back up the grid, but shows we need to be smarter about how EVs charge during such emergencies.

The post When transmission lines fell, 16 Nissan Leafs show how EVs can provide the backup Australia needs appeared first on RenewEconomy.

It’s a hot topic for scientists all over the world

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An Australian carbon removal tech startup has raised A$10 million ($6.7 mln) in seed funding as it gears up to meet its target of capturing 1 billion tonnes of CO2 per year by 2032.

Between 2014-2022, regulated gas networks made $1.8 billion in supernormal profits, on top of their $2 billion profit allowance. What does this mean for consumers?

The post Australians overpaid $1.8 billion to gas networks – now they’re being asked for more appeared first on RenewEconomy.