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Agtech company expands soil carbon projects into Eastern Europe, including Ukraine

Carbon Pulse - Fri, 2023-10-27 02:10
An agtech company has announced a major European expansion to increase sponsored farmland by over 500,000 hectares and enable farmers to generate upwards of 300,000 soil carbon credits a year.
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Environmental crime money easy to stash in US due to loopholes, report finds

The Guardian - Fri, 2023-10-27 02:00

Secrecy and lax oversight mean illegal loggers and miners in Amazon can park billions in real estate and other assets

Secrecy and lax oversight have made the US a hiding place for dirty money accrued by environmental criminals in the Amazon rainforest, a report says.

Illegal loggers and miners are parking sums ranging from millions to billions of dollars in US real estate and other assets, says the report, which calls on Congress and the White House to close loopholes in financial regulations that it says are contributing to the destruction of the world’s biggest tropical forest.

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Stop locking young people out of legal process in climate cases, say experts

The Guardian - Fri, 2023-10-27 01:00

Children are particularly vulnerable to climate crisis yet have little say politically or legally in most of world

Young climate activists should be able to fully take part in legal cases that affect them, say campaigners.

As governments and organisations around the world submit formal comments on climate breakdown to the world’s top courts, experts have condemned children’s inability to fully participate in the legal process in almost all jurisdictions.

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Landbanking launches nature equity platform with $11 mln

Carbon Pulse - Fri, 2023-10-27 00:56
Landbanking Group has launched a platform for buying improvements in nature over areas of land, with $11 million in financing from investors.
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Foundation rapidly grows portfolio of ‘meaningful’ climate projects

Carbon Pulse - Fri, 2023-10-27 00:28
A foundation, largely funded by companies charging an internal carbon price to cover emissions, this year aims to almost double the number of projects it supports as an alternative to offsetting for beyond value chain mitigation.
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Regulator reveals water firms with worst finances

BBC - Fri, 2023-10-27 00:23
Thames Water is among a group of firms being closely monitored due to issues with their finances.
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Public-private partnerships can ensure finance flows to global biodiversity targets, says consultancy boss

Carbon Pulse - Fri, 2023-10-27 00:20
An Italian environmental consultancy told Carbon Pulse that its public-private model can enable private sector finance to flow into improving biodiversity outcomes while ensuring cohesion with targets agreed under the Global Biodiversity Framework.
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The West Australian goes big on Woodside’s ‘keeping the lights on’ claim but keeps readers in the dark on climate

The Guardian - Fri, 2023-10-27 00:00

Newspaper endorses CEO Meg O’Neill’s position the company’s gas is needed to keep the state’s lights on but doesn’t mention the climate crisis

Who needs to pay for newspaper advertising? Not the fossil fuel company Woodside in its home state of Western Australia, based on recent evidence. It can place its message unchallenged in Perth’s local daily without the inconvenience of having to pay for it.

Last Friday the West Australian went big with an opinion piece by Meg O’Neill, Woodside’s Perth-based chief executive – not once, but four times.

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Carbon markets advisory firm to launch interactive map of global forest offset projects

Carbon Pulse - Thu, 2023-10-26 23:57
An analysis and consulting firm is to launch an interactive map showing the location of voluntary carbon forest projects around the world using data pulled from all major offset registries, as it hopes to provide greater visibility for verification bodies, regulators, and market participants.
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Asset manager completes £300m fundraising for forestry carbon credits fund

Carbon Pulse - Thu, 2023-10-26 22:45
A London-headquartered investor has secured the target figure of £300 million for its forestry and carbon credits fund at its final close, Carbon Pulse has learned.
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Mercedes says electric car market is ‘brutal’ for manufacturers

The Guardian - Thu, 2023-10-26 21:42

German company points to ‘intense price competition’, which it sees as unsustainable

Mercedes-Benz has said the electric car market is “brutal” for carmakers as heavy competition forces them to cut prices.

Sales of electric cars are soaring in Europe and China, with the US further behind, but the rush of new launches is putting pressure on European manufacturers in particular, who are struggling to compete with cheap models coming from China.

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Euro Markets: Midday Update

Carbon Pulse - Thu, 2023-10-26 21:35
European carbon prices broke below two key support levels on Thursday morning, though trading remained within a fairly narrow range as participants eyed tests of further support levels, while energy markets were little changed.
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UK regulator trying to block release of Shell North Sea documents

The Guardian - Thu, 2023-10-26 20:16

Exclusive: North Sea Transition Authority under fire for using lawyers to argue against publication of environmental impact

The UK’s oil and gas regulator is coming under fire from environmental groups for using lawyers to try to prevent the publication of five key documents relating to the environmental impact of Shell’s activities in the North Sea.

At a hearing in December, a legal representative for the North Sea Transition Authority (NSTA) is expected to argue against the publication of documents that contain details about the risk of pollution as a result of decommissioning the Brent oilfield, which was operated by Shell for more than 40 years. It says it opposes publication “on a matter of process basis”.

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Use Article 6 to fund trillions of dollars in grid investment, conference hears

Carbon Pulse - Thu, 2023-10-26 19:50
The cost of capital has risen making borrowing tough for developing countries, but a Harvard economist believes he has found a way to solve the issue by leveraging Article 6 in a novel way to build large-scale transmission infrastructure.
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Japan certifies over 100 OECMs in bid to drive private sector biodiversity action

Carbon Pulse - Thu, 2023-10-26 19:21
Japan’s environment ministry this week concluded the certification of 122 sites across the country as Other Effective area-based Conservation Measures (OECMs), its core policy to incentivise businesses to contribute towards the country meeting its 30 by 30 biodiversity protection targets.
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Verra provides key dates on digitalisation rollouts, working on ICVCM application

Carbon Pulse - Thu, 2023-10-26 19:20
Global carbon standard Verra laid out the next steps in its charm offensive at a conference on Thursday, as it works to reform itself in response to evolving expectations and standards from stakeholders.
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Indian verification standards lack integrity, sacrificing the overall quality of credits -expert

Carbon Pulse - Thu, 2023-10-26 19:20
The verification standards followed by carbon market participants in India lack integrity and the government can make better use of the existing standards approved internationally, an expert told a conference Thursday.
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Pigeons problem-solve similarly to artificial intelligence, research shows

The Guardian - Thu, 2023-10-26 19:00

The intelligent birds, thought to be a nuisance by some, learn from consequences and can recognize resemblance between objects

A new study has found that the way pigeons problem-solve matches artificial intelligence.

Often overlooked as a nuisance, pigeons are actually highly intelligent animals that can remember faces, see the world in vivid colors, navigate complex routes, deliver news and even save lives.

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Don’t wait around for digital MRV standards to develop, move now -World Bank

Carbon Pulse - Thu, 2023-10-26 18:54
Digitalisation of the carbon credit verification process could and perhaps should spell the end of the current MRV process and VVBs, according to a senior World Bank official speaking Thursday at a conference.
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Capturing Ecology 2023 – in pictures

The Guardian - Thu, 2023-10-26 16:00

The winning images of the British Ecological Society’s annual photography competition, taken by international ecologists and students, feature a lone tree dominating an empty landscape and a giant squirrel devouring a jackfruit

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