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A nature-based trading startup announced on Thursday that it has secured nearly €5.3 million ($5.7 mln) in seed funding to advance its operations and introduce additional offset projects to its platform.

The giant Rimba Raya Biodiversity Project in Indonesia has been plunged into controversy after the local concession holder saw its business licence revoked by the government for violating carbon trading regulations, with the project's owner failing to be notified about it.

Two solar farms take important steps forward on the Land of the Long white Cloud, including consent for a new 40.8MW project.

The post Construction begins on New Zealand’s biggest solar farm, another gets green light appeared first on RenewEconomy.

Four years of persistent ozone holes have sparked concern about what more UV is doing to Antarctic ecosystems. Sharon Robinson, Distinguished Professor and Deputy Director of ARC Securing Antarctica's Environmental Future (SAEF), University of Wollongong, University of Wollongong Laura Revell, Associate Professor in Environmental Physics, University of Canterbury Rachele Ossola, Postdoctoral fellow, Colorado State University Licensed as Creative Commons – attribution, no derivatives.

The rights-of-nature movement emerged as a response to economic pressures on ecosystems. But the success of projects depends on how well legal liability is defined. Viktoria Kahui, Senior Lecturer in Environmental Economics, University of Otago Licensed as Creative Commons – attribution, no derivatives.

A Canada-based carbon project financier has agreed to pay $5.6 mln to acquire several gross revenue royalties on a portfolio of improved forest management (IFM) offset projects in the southeastern US.

Drives for greater integrity in the voluntary carbon market, such as classification of high-quality projects by rating agencies, will help to instil greater confidence in the market, bolstering demand and reducing oversupply so that prices could exceed $230 per tonne in the 2040s, according to analyst research heard on a webinar today.

The pipeline of global carbon capture, utilisation, and storage (CCUS) initiatives is growing rapidly, but the nascent industry is struggling to fully develop these projects, a representative from the International Energy Agency (IEA) said on Thursday. 

Researchers also find zebra finches 20% less likely to hatch from eggs if exposed to noise pollution

Noise pollution from traffic stunts growth in baby birds, even while inside the egg, research has found.

Unhatched birds and hatchlings that are exposed to noise from city traffic experience long-term negative effects on their health, growth and reproduction, the study found.

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A British forest carbon startup has raised $12 million in Series A funding, just seven months after it announced funding of $2.2 mln at pre-seed level.

Shadow minister Steve Reed vows to uphold targets on biodiversity loss and protecting land and sea

Labour has pledged to halt the decline of British species and protect at least 30% of the land and sea by 2030 if it is elected.

Steve Reed, the shadow environment secretary, also vowed to set a new land use framework that would prioritise the protection of nature, and to deliver on targets to improve the UK’s environment.

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The US Environmental Protection Agency (EPA) on Thursday finalised a suite of standards for new and existing fossil-fuel power plants to reduce 90% of their emissions, which also envision an important role for carbon capture and storage (CCS).

Trading in European carbon allowances sparked into life in the afternoon as EUA and gas prices spiked on reports that the EU may propose a ban on transshipment of Russian LNG, after the morning has seen prices move in a relatively narrow range on lower than normal volume.

Sewage pollutes our waterways, species face extinction. We must act fast to halt the decline – and we will

• Steve Reed is shadow environment secretary

We must not be the last generation to have the opportunity to marvel at nature.

When I was growing up, I took for granted the excitement of climbing trees in the local woods at the end of our road, sleeping under the stars at Scout camp, and exploring the micro-worlds of seaside rockpools on holiday in Cornwall. Our children and grandchildren deserve to be astounded by the magnificence of our landscapes and coastlines, mesmerised by the beauty of a robin’s song, and to splash about in the local river.

Steve Reed is the MP for Croydon North, and shadow secretary of state for environment, food and rural affairs

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Just five local authorities in England out of the over 300 assessed are sufficiently prepared to enable the creation of conservation agreements for developers to meet biodiversity net gain (BNG) requirements, with delays likely, a law firm has said.

Ali died of cancer last year. He was 21, and had to live in the choking smoke of the Rumaila oilfield

A year has passed since my beautiful boy Ali Julood died. Not a day goes by when I do not think of him smiling and playing football with his friends outside. Those days are gone. As a father, that gives me great pain.

Ali was diagnosed with leukaemia at the age of 15. The cancer caused him to drop out of school, leave his football team and spend years undergoing painful medical treatment. He died at the age of 21 on 21 April 2023.

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A veteran carbon and energy sales trader has left one of Canada’s big banks after more than 15 years of service, Carbon Pulse has learned.

Lack of parts and outdated laws also contributing to long repair wait times and ballooning premiums

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Electric vehicles are routinely being written off after minor accidents, as a shortage of skilled mechanics and parts, as well as outdated laws, leads Australian insurers to scrap EVs prematurely instead of repairing them.

Despite the scarcity of supply that has plagued the local market in recent years, in part due to the lack of a fuel-efficiency standard, the financial reality of insuring EVs is continuing to consign them to scrap yards while inflating premiums for owners.

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A REDD developer in Tanzania is seeking to boost the selling power of its avoided deforestation projects by assessing the social impact of investment.

UK energy company Drax Group has completed a major refinancing plan to extend operations beyond 2027 as it waits on the government to decide on extra subsidies to retrofit its biomass plant with carbon capture technology, it announced Thursday.