Search Results

Showing 11 - 20 of 57 results for "carbon offsets"

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... Agreement Article 6.2 and 6.4 carbon market rules." Article 6.2 of the Paris Agreement allows countries to exchange carbon offsets bilaterally and report on their trade, while Article 6.4 will establish a new UNFCC mechanism to validate, verify and issue ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... America, said: "While motivated by the right intentions, this initiative risks not only enabling companies to purchase carbon offsets instead of taking sufficient steps to reduce their emissions." She said the organisation was "particularly concerned ...

Investors prepare for urgent action on nature

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... the space that we will get there." "Public funding alone is not enough - we need private funding." He also said carbon offsets offer co-benefits - for biodiversity, ecosystems, and communities. And concerns around biodiversity offsets notwithstanding ...

Solving carbon credit concerns with blockchain

ROSE MARY PETRASS  |  MONDAY, 9 OCT 2023  |  NEWS
... the spotlight with concerns around issues like double counting, additionality and unreliable baselines leading carbon offsets to be labelled a "scam". Asset management firm Northern Trust is implementing an industry-wide voluntary carbon credit ecosystem ...

Act now on carbon emissions to avoid higher costs later: EY

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... of the Net Zero Centre and climate change and sustainability partner Emma Herd noted that while there are still carbon offsets available at below $50/tonne, the ACCU price could potentially exceed $70/tonne before 2030 before rising to around $75 before ...

Avani partners with EG towards "real zero"

ROSE MARY PETRASS  |  WEDNESDAY, 6 SEP 2023  |  NEWS
... reduction strategies and achieve "real zero" - a term that means no carbon emissions are creates or released, and no carbon offsets or Renewable Energy Certificates are used. Avani's technology is currently in use by more than 250 buildings across Australia ...

ASX200 skirts Scope 3 disclosures

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
... improvement in the management and disclosure of climate risks - and opportunities - for years," Davidson commented. Carbon offsets Greater transparency and detail is required on transition and physical risks under different climate scenarios - and on ...

Companies urged to address Scope 3 emissions

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
... said. "This is particularly important given that often the distinguishing factor is whether such claims rely on carbon offsets. And given the level of questioning around the robustness of some carbon offsets, this can make a big difference regarding ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... government's proposed mandatory reporting for financial institutions including superfunds, especially in regards to carbon offsets. The draft ISSB disclosure proposes the disclosure of information such as how progress towards reaching the target ...

Labor's five step plan for biodiversity

ROSE MARY PETRASS  |  TUESDAY, 9 MAY 2023  |  NEWS
... done the right way, in places that can handle it." "The next best answer after yes is a fast no." Reforms to the carbon offsets system The government will introduce reforms to the carbon offsets system to ensure that offsets benefit nature. "We all know ...