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BRIEFING: ADB, UK eye scaling biodiversity markets in Asia Pacific under new nature partnership

Carbon Pulse - Wed, 2025-05-07 22:51
The Asian Development Bank (ADB) and the UK government have launched a partnership aimed at advancing nature conservation efforts in the Asia Pacific region, with the development of biodiversity credit markets among the key planned activities.
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Blow to clean energy drive as major windfarm ditched

BBC - Wed, 2025-05-07 22:27
In a blow to the government's clean energy ambitions, a company cancels a huge windfarm off Yorkshire.
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Blow to clean energy drive as major windfarm ditched

BBC - Wed, 2025-05-07 22:27
In a blow to the government's clean energy ambitions, a company cancels a huge windfarm off Yorkshire.
Categories: Around The Web

Article 6 carbon credit auctions postponed to give market time to mature

Carbon Pulse - Wed, 2025-05-07 22:18
Auctions for sovereign carbon credits eligible for international Article 6 trade, initially due in early 2025, have been delayed to allow more time for voluntary demand to develop, and for guarantees against supply-side risk to be put in place, according to the organisers of the planned sales.
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EU CBAM legislative proposal could come in Q4, confirms top climate official

Carbon Pulse - Wed, 2025-05-07 22:15
The EU's most senior climate official said on Wednesday that a legislative proposal on the Carbon Border Adjustment Mechanism (CBAM) could come in the fourth quarter of this year, adding that if Article 6 credits were included in any EU compliance carbon mechanism, the bloc would adopt a cautious approach.
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UK politicians urge government to squash biodiversity net gain uncertainty

Carbon Pulse - Wed, 2025-05-07 21:57
A committee of UK politicians has urged the government to stamp out speculation that it is uncertain about its commitment to its biodiversity net gain (BNG) policy.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2025-05-07 21:43
Categories: Around The Web

Microsoft turns April into record month for CDR buying as company grapples with AI boom

Carbon Pulse - Wed, 2025-05-07 21:41
Microsoft single-handedly turned April into the largest month by volume to date in the durable carbon removal (CDR) sector, as the tech giant wrestles its 2030 commitment to become carbon negative with the boom in artificial intelligence.
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Real-world geoengineering experiments revealed by UK agency

The Guardian - Wed, 2025-05-07 21:19

Trials will test ways to block sunlight and slow climate crisis that threatens to trigger catastrophic tipping points

Real-world geoengineering experiments spanning the globe from the Arctic to the Great Barrier Reef are being funded by the UK government. They will test sun-reflecting particles in the stratosphere, brightening reflective clouds using sprays of seawater and pumping water on to sea ice to thicken it.

Getting this “critical missing scientific data” is vital with the Earth nearing several catastrophic climate tipping points, said the Advanced Research and Invention Agency (Aria), the government agency backing the plan. If demonstrated to be safe, geoengineering could temporarily cool the planet and give more time to tackle the root cause of the climate crisis: the burning of fossil fuels.

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INTERVIEW: Verra doubles down on own ICVCM-approved carbon cookstoves methodology, sidesteps UN-backed approach

Carbon Pulse - Wed, 2025-05-07 20:31
Voluntary carbon standard Verra has ruled out incorporating elements of the Clean Cooking & Climate Consortium’s (4C) high-integrity cookstoves methodology into its own standards, with the organisation’s CEO telling Carbon Pulse it is instead proceeding with its VM0050 methodology, which has secured the stamp of approval from the ICVCM.
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New reports tell us cattle and sheep farming can be sustainable – don’t believe them, it’s all bull | George Monbiot

The Guardian - Wed, 2025-05-07 19:53

Feeding the world sustainably is an incredibly complex challenge, yet some people are trying to sell us a bucolic fairytale

The fire that has just destroyed 500 hectares (1,230 acres) of Dartmoor should have been impossible. It should not be a fire-prone landscape. But sheep, cattle and ponies have made it so. They selectively browse out tree seedlings, preventing the return of temperate rainforest, which is extremely difficult to burn. In dry weather, the moor grass, bracken and heather covering the deforested landscape are tinder.

The plume of carbon dioxide and smoke released this week is one of the many impacts of livestock grazing. But several recent films, alongside celebrities, politicians, billionaires and far-right podcasts, seek to persuade us that cattle and sheep are good for the atmosphere and the living planet. This story, wrapped in romantic cottagecore, is now the most active and seductive frontier of climate-science denial. It is heavily promoted by the meat industry, which is as ruthless and machiavellian as the fossil fuel industry. It sows confusion among people desperately seeking to do the right thing in an age of misinformation.

George Monbiot is a Guardian columnist

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Malaysian company partners with engineering major to explore CCUS tech for steel sector

Carbon Pulse - Wed, 2025-05-07 19:50
A major steel company has partnered with a Malaysia-based investment holding company to explore carbon capture, utilisation, and storage (CCUS) technologies aimed at reducing emissions from its steel operations.
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Australia’s Nature Repair Market sees first project submitted

Carbon Pulse - Wed, 2025-05-07 19:25
A first project has applied to be registered under the Nature Repair Market (NRM), Australia’s voluntary biodiversity credit scheme.
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Two-thirds of global heating caused by richest 10%, study suggests

The Guardian - Wed, 2025-05-07 19:00

Paper in Nature Climate Change journal reveals major role wealthy emitters play in driving climate extremes

The world’s wealthiest 10% are responsible for two-thirds of global heating since 1990, driving droughts and heatwaves in the poorest parts of the world, according to a study.

While researchers have previously shown that higher income groups emit disproportionately large amounts of greenhouse gases, the latest survey is the first to try to pin down how that inequality translates into responsibility for climate breakdown. It offers a powerful argument for climate finance and wealth taxes by attempting to give an evidential basis for how many people in the developed world – including more than 50% of full-time employees in the UK – bear a heightened responsibility for the climate disasters affecting people who can least afford it.

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Standard Chartered sees demand surge from converging carbon credit markets

Carbon Pulse - Wed, 2025-05-07 18:53
Standard Chartered sees the convergence of voluntary carbon markets with compliance frameworks driving demand for carbon credits, a senior official at the bank told a conference on Wednesday.
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Lack of smallholder support a risk for sustainable palm oil -report

Carbon Pulse - Wed, 2025-05-07 18:00
Small farmers account for 30% of global palm oil production, yet lack the initiatives, technical support, and financial mechanisms necessary to maintain a sustainable supply chain, according to a new report.
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EU demand for EVs could drive loss of 118k ha of forests by 2050, study warns

Carbon Pulse - Wed, 2025-05-07 17:00
Around 118,000 hectares of forests could be destroyed by 2050 to meet EU demand for electric vehicles (EVs) unless policymakers implement stronger safeguards for the energy transition, a study released on Wednesday found.
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Climeworks secures carbon removal deal with Japanese shipping major

Carbon Pulse - Wed, 2025-05-07 16:54
Carbon removal solution provider Climeworks has signed an agreement with one of Japan’s largest shipping companies to remove the latter's residual emissions in the next three years.
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Japanese trading house joins alliance to leverage transition credits mechanism

Carbon Pulse - Wed, 2025-05-07 16:46
A major Japanese trading house has joined a strategic alliance that aims to leverage the transition credits mechanism for the early retirement of a coal-fired power plant in the Philippines. 
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Investor caution grows in carbon markets, but institutions push on amid political risk

Carbon Pulse - Wed, 2025-05-07 16:42
Investor confidence in the voluntary carbon market is waning amid geopolitical uncertainty and heightened legal risk, stakeholders warned this week at a conference, even as international institutions advance frameworks aimed at rebuilding trust and clarity in a sector long criticised for fragmentation and opacity.
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