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Tanzania has announced a $4.5 million programme aimed at restoring 5.2 mln hectares of degraded forests as part of its commitment to the African Forest Landscape Restoration Initiative (AFR100).

A Stockholm-headquartered carbon accounting platform on Tuesday unveiled a new Corporate Sustainability Reporting Directive (CSRD) solution and announced the appointment of a new CEO.

Japan’s largest oil company has announced a $200 million investment into Queensland’s green hydrogen ambitions, committing to build a demonstration plant near Brisbane.

The post Japanese oil giant announces $200 million green hydrogen investment in Queensland appeared first on RenewEconomy.

Fortescue suspends its validation work under the Science-Based Target Initiative while the tricky question of scope 3 emissions - created by the use of its products by its customers - is resolved.

The post Fortescue pauses Science-Based Target validation as rules around emission counts are reviewed appeared first on RenewEconomy.

South Korea and the UNFCCC secretariat have agreed to jointly develop a global voluntary market aligned with the Paris Agreement, with detailed plans to be disclosed early next year.

An Austrian startup has launched a live monitoring tool for carbon removals (CDR), aiming to align with major voluntary verification standards.

Westpac NZ has updated its sustainability targets for 2027, which include boosting sustainable lending to NZ$9 billion ($5.2 billion), almost half of which will go towards its agribusiness customers to reduce emissions, it announced Tuesday.

The first cyclone resistant solar farm, along with a big battery, have been opened to provide daytime power for BHP's iron ore port operations in Port Hedland.

The post Cyclone resistant Port Hedland solar and battery project opened to provide power to BHP port facility appeared first on RenewEconomy.

New monthly data from Rystad Energy shows utility wind and solar generation exceeded 4 terwatt-hours – a first for the month of November.

The post Solar and wind deliver November generation high, closing out a record spring appeared first on RenewEconomy.

AEMO says its ability to deal with summer heat and floods have been boosted by more than 3 GW of new capacity, particularly in big battery projects that have already proved useful.

The post Big battery summer: AEMO says new storage capacity to play key role in keeping lights on appeared first on RenewEconomy.

The California-Quebec joint carbon market and Washington’s cap-and-invest programme announced auction dates and reserve prices for 2025 on Monday, along with next year’s sale volumes.

Both emitters and financial players continued to move their holdings in California Carbon Allowances (CCAs) and RGGI Allowances (RGAs) into 2025 at the expense of 2024, delayed data from the US Thanksgiving holiday published Monday by the US Commodity Futures Trading Commission (CFTC) showed.

Vanuatu leads the charge of several nations arguing developed nations have a legal responsibility beyond non-binding promises

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Australia has been accused of undermining its Pacific neighbours in a landmark international legal case after it argued that high-emitting countries are not obliged to act on the climate crisis beyond their non-binding commitments to the 2015 Paris agreement.

In the case before the UN’s international court of justice (ICJ), Vanuatu is leading an argument brought by several Pacific nations and developing states – including Fiji, Papua New Guinea, Solomon Islands and Vanuatu – that developed countries have a legal responsibility beyond existing UN frameworks. The case does not specify the names of countries that would fall under the definition of high emitters.

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The European Commission wants to change wolves' protected status, allowing nations to cull them.

As data centres and artificial intelligence drives electricity demand across the US, permitting wait times for transmission lines will need to be dramatically sped up in a number of ways, panellists said Monday, from limiting lawsuits against transmission projects to centralizing permitting authority in the federal government.

Most of the world's largest insurers and pension funds -- representing over $17 trillion in assets -- fail to use their significant influence to advocate for climate policy in line with science-based pathways to net zero, according to new analysis by a non-profit.

Canada proposed changes to carbon intensity (CI) calculations of certain fuels eligible for credit generation under the Clean Fuel Regulations (CFR) on Friday.

Brazil's national development bank announced Friday that a European nation has donated up to $21.1 million to the Amazon Fund, aiming to help combat deforestation and promote sustainable development.

Construction has been completed on the second biggest battery in Victoria, which will be the second big battery in Australia contracted to Big Oil company Shell.

The post Construction complete at Victoria’s second-biggest battery, contracted to Big Oil company appeared first on RenewEconomy.

Chevron's Gorgon CCS project - the flagship for the technology in Australia - has had its worst year on record, collecting less than one third of the CO2 it is supposed to.

The post Expensive failure: Flagship Gorgon CCS collects less CO2 in worst year appeared first on RenewEconomy.