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Banks should set targets supporting countries’ national biodiversity strategies, the UN Environment Programme (UNEP) said in its new nature target-setting guidance, released Wednesday.

European carbon prices fluctuated wildly on Wednesday morning, setting a new year-to-date low but ending the morning marginally higher, as traders positioned themselves both before and after the weekly Commitment of Traders data release, which showed investors had trimmed their net short for the first time in five weeks.

Chris Bowen will let the long-standing renewable energy target die, choosing instead a massive auction program seeking 32GW of new capacity to meet 82 pct renewable target.

The post Bowen dumps RET for 32 GW of auctions in massive policy shift to supercharge renewables appeared first on RenewEconomy.

Staff at Chester zoo filmed the moment an endangered rhino gave birth to a female calf. The eastern black rhino was born on 12 November, unusually in daylight hours. The zoo said the species is listed as critically endangered, with fewer than 600 of the rhinos remaining in the wild across Kenya, Tanzania and Rwanda

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Ship operators can optimise environmental performance and reduce emissions across entire fleets, helping them to more easily comply with international climate regulations, using a new simulator platform launched Wednesday that will later be adjusted to assist with EU ETS compliance.

North Carolina residents push back against environmental agency bringing 4m lbs of ‘forever chemical’ waste to region

The federal US government has paused the importation of millions of pounds of toxic PFAS “forever chemical” waste from the Netherlands following intense backlash from residents near a North Carolina facility that would receive the substances.

Local media last month revealed the Environmental Protection Agency had quietly approved a permit for chemical manufacturer Chemours to import about 4m lbs of waste over the next year, sparking fears of further pollution in a region already thoroughly contaminated by the company’s operations.

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A German climate technology company has launched a solution that enables corporate buyers to purchase biochar credits in advance from emissions removal activities in the agriculture sector, it announced on Wednesday.

The philanthropy arms of investment bank UBS and Swiss Re have agreed to invest over $2 million in a partnership with an Indonesia-based company that works to secure investments for scalable nature-based start-ups.

Consensus needs to be established across different frameworks for how to precisely define and implement insetting if it is to effectively scale as a solution for tackling corporate Scope 3 emissions, according to a study published Wednesday.

The committee steering Japan’s J-Credit programme has approved a new methodology on the introduction of a new feeding practice for beef cattle, as the government continues to expand coverage in the domestic offset scheme.

A large Danish shipping and logistics firm has signed a green hydrogen offtake agreement with a Chinese clean energy multinational, saying the deal is the first of its kind in the global shipping industry.

Canadian The Mining Company (TMC) has welcomed moves by US senators and members of Congress to influence the UN seabed authority to finalise rules that would allow for minerals mining at the bottom of the ocean.

A report consultants by EY has found that Australia’s carbon market is unlikely to deliver significant nature repair under current settings, but claimed becoming a nature-positive economy could boost Australia’s national income by A$47 billion ($30.7 bln) by 2050.

Australians have invested $25 billion in solar and batteries, with plenty more to come. We need policy and regulations to complement the investment.

The post Twenty-five billion reasons for ministers to support urgent consumer energy reform appeared first on RenewEconomy.

The steelmaker says plans to make wind turbines at Port Kembla scrapped because bridges are too small - but it still hopes to provide steel to other makers.

The post Low motorway bridges defeat Bluescope’s plans to make wind towers at Port Kembla appeared first on RenewEconomy.

Akaysha Energy says four hour batteries will be the "new normal" in Australian storage projects thanks to design of capacity investment scheme.

The post Akaysha says four-hour batteries will be “new normal” after first gigawatt scale facility appeared first on RenewEconomy.

A new nature-based voluntary carbon market certifier has released its standard and reforestation methodology, it announced Wednesday.  

Australia’s Santos has signed an agreement with one of the country’s largest pipeline operators to look at developing more CO2 infrastructure to service its planned carbon capture and storage facility at the Moomba gas plant.

Rest Super to invest $1 billion into Quinbrook projects. More than half of its members are young and are driving the fund's shift into green investments.

The post Another super fund joins green energy wave by sinking $1 billion into Quinbrook projects appeared first on RenewEconomy.

Danish energy giant CIP unveils its first big battery - the biggest in South Australia - as it launches a major storage investment push in Australia.

The post Denmark’s CIP unveils 480MWh battery as part of big storage push in Australia appeared first on RenewEconomy.