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A blockchain-based metadata platform that seeks to foster transparent accounting in carbon markets is seeking data integration with more national registries this year, with multiple projects already in the pipeline.

Battery storage is now confirmed as the dominant player in the provision of key services to the grid, as batteries and demand management nudge out fossil fuel generators.

The post Battery storage now dominates system services market for main grid appeared first on RenewEconomy.

A daily summary of our news plus bite-sized updates from around the world.

Ace Energy secures connection agreements for two new big batteries that will feature grid forming inverters.

The post AEMO provides connection approval for another two grid-forming big batteries appeared first on RenewEconomy.

A Rio de Janeiro-based developer has received R$186.7 million ($37.8 mln) in financing from Brazil's national development bank for forest restoration in the country's Amazon and Atlantic Forest biomes, it announced Wednesday.

Verra provided stakeholders with updated information and timelines on a number of methodological, operational, and other aspects of its reform push in a webinar Wednesday, as the registry continues to seek a 'new era' following sustained criticism and controversy in the voluntary carbon market (VCM).

Climate Action Reserve President Craig Ebert provides a response to the misguided focus on low-quality credits and the elusive supply chain mitigation.

California issued its first compliance-grade offsets of the year, with more than two-thirds of issued credits tagged with direct environmental benefits to the state (DEBs), while over 1.1 million credits saw their invalidation periods expire, according to data published by state regulator ARB on Wednesday.

The US Environmental Protection Agency (EPA) granted permits on Wednesday for carbon sequestration wells in two Indiana counties, even as state lawmakers introduced legislation earlier this month requiring approval from local authorities for such projects.

US Fish and Wildlife Service completes review of petitions and finds 10 new species that may be added to Endangered Species Act

Federal wildlife officials announced on Wednesday they will consider adding 10 new species to the Endangered Species Act, including a big bumblebee that serves as an important pollinator across the United States.

US Fish and Wildlife Service officials said they had completed 90-day reviews of petitions to add the species to the list and determined that listing may be warranted. The finding triggers reviews of the species’ status.

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A Toronto-based venture capital firm successfully raised $335 million in commitments towards its third fund investing in clean technology solutions.

Birds have one unchanging scientific name, but often many common names that are subject to change. Choosing a new name for a bird isn’t necessarily a simple decision. Felix Cehak, PhD Candidate, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

*PREMIUM LISTING - The Forest Carbon Technical Advisor’s primary purpose is to manage WCS Cambodia’s REDD+ portfolio.

The world's largest rainforest protects us from climate change but deforestation has left it vulnerable.

The world's largest rainforest protects us from climate change but deforestation has left it vulnerable.

Company financial statements may have to include biodiversity issues as part of their sustainability coverage, following the publication of an opinion encouraging directors to address the environment, a UK lawyer has said.

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Red Sea shipping disruptions will have a relatively modest impact on EUA demand, analysts said in a report published Wednesday, consistent with recent Carbon Pulse analysis, though the effect could be more pronounced next year when a higher proportion of shipping emissions face compliance.

A conservation NGO in Africa that is developing REDD avoided deforestation projects to help bolster finances, has cut out the middlemen from its business model and pledged that a minimum of 80% of carbon credit revenue will stay within the country, it told Carbon Pulse Wednesday.

A broad far-right win at the upcoming EU elections could make it vastly more complicated to pass ambitious environmental and climate legislation needed to achieve the objectives of the European Green Deal, a think-tank has warned in a new report published on Wednesday.