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Australia sets course for national ecosystem accounting

Carbon Pulse - Thu, 2024-09-19 23:32
The Australian Bureau of Statistics has released a paper outlining its approach to developing the country's first national set of ecosystem accounts, ahead of a full rollout in early 2025.
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Australasian group taps nature markets in investor toolkit

Carbon Pulse - Thu, 2024-09-19 22:28
The Responsible Investment Association Australasia (RIAA) has launched a Nature Investor Toolkit, a guidance framework that also sheds light on opportunities related to nature markets.
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UPDATE – ICVCM adopting ‘blunt’ approach to assessing voluntary carbon integrity after ruling out renewables, say analysts

Carbon Pulse - Thu, 2024-09-19 22:04
The Integrity Council for the Voluntary Carbon Market (ICVCM)'s recent decision to rule out renewable energy credits from its high integrity CCPs tag reflects a “somewhat blunt approach”, according to analysts at MSCI Carbon.
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Swiss building materials producer invests in low-carbon cement startup

Carbon Pulse - Thu, 2024-09-19 21:58
A Switzerland-based multinational construction materials manufacturer has invested in a low-carbon cement technology startup to decarbonise buildings at scale, it announced on Thursday.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-09-19 21:19
EU allowance prices ground their way higher on Thursday morning amid steady but unspectacular buying, tracking firming natural gas prices, but remaining locked within the €63.00-€65.00 range that has been in place ahead of next week's September options expiry.
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Revealed: Far higher pesticide residues allowed on food since Brexit

The Guardian - Thu, 2024-09-19 21:00

Exclusive: Unlike the EU, Great Britain has slashed protections for scores of food types

The amount of pesticide residue allowed on scores of food types in England, Wales and Scotland has soared since Brexit, analysis reveals, with some now thousands of times higher.

Changes to regulations in Great Britain mean more than 100 items are now allowed to carry more pesticides when sold to the public, ranging from potatoes to onions, grapes to avocados, and coffee to rice.

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The west worries about Russia and China – but the real threat to global security is climate breakdown | Anatol Lieven

The Guardian - Thu, 2024-09-19 21:00

‘Risk’ analyses largely ignore the dangers of the climate crisis. Unless we wake up to them, they will soon outweigh all others

The Irish sea captain who in 1751 discovered the Atlantic Meridional Overturning Circulation (Amoc) – closely connected with, though not identical to, the Gulf Stream – found a practical use for it: he used the frigid deeper water to cool his wine.

That may seem a rather frivolous response, but of course, Capt Henry Ellis had no idea that the oceanic pattern he had stumbled upon had been critical to the climate, the agriculture and indeed the entire development of western Europe. The same excuse can hardly be made for British and European governments today.

Anatol Lieven is director of the Eurasia programme at the Quincy Institute for Responsible Statecraft and author of Climate Change and the Nation State: The Realist Case

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EU’s upcoming ‘Industrial Decarbonisation Accelerator Act’ starts to take shape

Carbon Pulse - Thu, 2024-09-19 20:56
The European Commission’s upcoming Industrial Decarbonisation Accelerator Act will aim to improve the business case for the green transition in energy-intensive industries and the wider economy, a senior EU official has said.
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Trio announces collaboration to build Rwandan Article 6 project pipeline

Carbon Pulse - Thu, 2024-09-19 20:56
Gold Standard and Singapore-based GenZero on Thursday announced they have teamed up with Rwandan government agencies to develop a pipeline of projects in the African country eligible to earn carbon credits under Article 6 of the Paris Agreement.
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Voluntary carbon investor to buy millions of forestry credits from Mexican project

Carbon Pulse - Thu, 2024-09-19 20:39
A voluntary carbon investor has signed a deal for the offtake of 300,000 credits per year from a forest restoration initiative in Mexico.
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Trading house sells first CORSIA-certified SAF in Japan

Carbon Pulse - Thu, 2024-09-19 20:00
A Tokyo-listed trading house has teamed up with two international partners to make the first batch of sustainable aviation fuel certified by the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) available for purchase in Japan.
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UK govt funds water company’s project to develop nature-based solutions

Carbon Pulse - Thu, 2024-09-19 19:59
An environmental company and a water firm in the UK have secured funding from the government to develop a £580,000-project aimed at unlocking nature-based solutions to restore habitats and improve water management.
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World Bank unit, Danish agtech partner to advance soil carbon farming in Eastern Europe

Carbon Pulse - Thu, 2024-09-19 19:01
A World Bank unit and a Copenhagen-based agtech will collaborate to close the ‘finance gap’ in sustainable farming across Eastern Europe, according to a press release.
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Brewery to explore using biochar for carbon storage, biodiversity uplift

Carbon Pulse - Thu, 2024-09-19 18:34
A Japanese brewery has partnered with researchers to explore the impacts of applying biochar to malting barley in order to store carbon eligible for J-Credits and at the same time boost soil microorganism biodiversity.
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Marine biodiversity credits must address quick baseline shifts, expert says

Carbon Pulse - Thu, 2024-09-19 18:25
Marine biodiversity credit methodologies should focus on addressing quick shifts in aquatic ecosystem conditions to create reliable units for the market, an expert told a webinar on Wednesday.
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China launches pilot programme for sustainable aviation fuels

Carbon Pulse - Thu, 2024-09-19 17:08
China has launched a pilot programme for sustainable aviation fuel (SAF), with the first batch of flights carried by domestic airlines refuelled with green fuels this month, the country's aviation regulator announced Thursday.
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Australian trio’s reef credits method approved by market administrator

Carbon Pulse - Thu, 2024-09-19 17:02
Three Australian companies have announced their method to allow landholders to earn reef credits from improved grazing land management that seeks to boost soil health and improve water quality at the Great Barrier Reef (GBR) has been approved by the market’s overseer.
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Most bank decarbonisation targets not fit for purpose -report

Carbon Pulse - Thu, 2024-09-19 16:32
Most bank decarbonisation targets are not fit for purpose and need to be revised to effectively reduce emissions, according to a report released this week.
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‘Vast’ carbon sink of mud on seabed needs more protection, study shows

The Guardian - Thu, 2024-09-19 15:00

Landmark research finds 244m tonnes of organic carbon is stored in top 10cm of marine sediment in British waters

Seabed habitats could capture almost three times more carbon than forests in the UK every year if left undisturbed, according to a report published on Thursday.

Researchers at the Scottish Association for Marine Science (Sams) have calculated that 244m tonnes of organic carbon is stored in the top 10cm of UK seabed habitats. That includes seagrass meadows, salt marshes, kelp and mussel beds but most (98%) is stored in seabed sediments such as mud and silt.

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