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The Indian government has released detailed compliance carbon market regulations, under the Carbon Credit Trading Scheme (CCTS) 2023, following months of extensive stakeholder consultations across all major cities in the country.

The abrupt resignation of the founder of Kenya’s National Rangeland Trust (NRT) amid claims of inappropriate behaviour by the Board has triggered an informal review by Verra on whether there are implications for a huge soil carbon project in the country, the standard body told Carbon Pulse Friday.

The voluntary carbon market is in a slump, characterised by low trade volumes and largely sluggish prices, as a consistent flow of bad press around projects has put off potential buyers.

European carbon was poised for a second weekly decline as the market fell to an 11-week low amid very light volume and in a less than €1 trading range, reflecting a calm day in energy markets as well as the onset of the peak holiday period.

Investors believe steel can be made cleanly and are willing to spend on it, whilst also being increasingly sceptical about the long-term financial viability of the metallurgical coal used to make the vast majority of steel, an Australian activist investor group said Friday in a report based on a survey of 500 respondents from 34 nations with cumulative billions of dollars under management.

The European Union’s Carbon Border Adjustment Mechanism (CBAM) is in “clear violation” of the Paris Agreement’s principle of common but differentiated responsibilities (CBDR) and places the burden of decarbonising heavy industrial sectors on the Global South, panellists told a webinar this week.

Less than a quarter of worldwide ecosystems reliant on groundwater are in protected lands or regions with policies aimed at conserving them, a paper has found.

Chris Packham calls for meeting with attorney general as prominent figures condemn long jail terms for M25 activists

Chris Packham has called for a meeting with the attorney general for England and Wales as he joined a chorus of prominent voices condemning long jail terms for Just Stop Oil protesters.

Speaking after five activists were sentenced to up to five years for planning protests on the M25, the broadcaster and naturalist said: “Be clear, be very, very clear, this is not just about climate activism.

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China’s national carbon market saw its price continue to fall this week amid slightly decreased liquidity, though some believe that the price effect of a new carryover mechanism will not appear until next year.

Combining several indexes largely focused on species abundance and diversity is the most efficient way for companies to assess biodiversity risks and impacts, according to French-headquartered bank BNP Paribas.

The board of the world’s largest dedicated climate fund, the Green Climate Fund, approved $1 billion in fresh funding at its meeting this week, it announced Friday.

The UN Industrial Development Organization (UNIDO) has issued a call for African projects interested in registering to generate carbon credits under Japan’s bilateral Joint Crediting Mechanism (JCM).

More than 4,500 participants in China's voluntary carbon market have opened accounts on the national registry platform since the restart of the domestic offset programme earlier this year.

Global demand for electricity is on track to be among the highest in two decades this year, driven by EVs and a solar boom in China, while demand in Europe remains depressed in the aftermath of the 2022 energy crisis, according to the International Energy Agency (IEA).

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

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South Korea's National Nature Trust (NNT) has teamed up with a climate tech company to work on the creation of technology-backed carbon credits by utilising its environmental assets.

From a Grand Designs-style property nestled underground to a remote timber-framed home on a hillside

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Cheaper power for households through improved access to rooftop solar, battery storage and efficient electric appliances topped the agenda for energy and climate ministers in Melbourne on Friday.

The post Batteries, heat pumps, EV chargers: Consumer energy resources top agenda at ministers’ meeting appeared first on RenewEconomy.

The combined output of large scale wind and solar in Australia's main grid hit a new high this week, beating a record set more than a year ago.

The post Combined output of wind and solar hits record high on main grid appeared first on RenewEconomy.

Friends of the Earth says older people and young children are most at risk in heat-vulnerable neighbourhoods

Inadequate climate protections mean at least 6 million lives are at risk from extreme heat in England, an analysis has found.

A report by the campaign group Friends of the Earth found older people and young children were the most high-risk groups for heatwaves, with 1.7 million under-5s and 4.3 million people over 65 living in the most heat-vulnerable neighbourhoods in England.

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