New coal mines add question mark to India’s climate commitments

Published on January 23, 2024

Along with a major expansion of renewable energy, India is also pushing for big increases in its coal production, casting doubt on its climate commitments.

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One-third of companies that lost SBTi net-zero target validation are from Asia Pacific

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The UN-backed initiative started removing firms with validated commitments that didn't see through the process of setting emissions reduction targets early last year. Of 173 companies dropped from its list, 50 were based in Asia Pacific.

The State of the Voluntary Carbon Market

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Limiting global warming to 1.5 ℃ above pre-industrial levels requires significant carbon reductions and 6 to 10 billion tonnes of carbon dioxide removal per year by 2050. The voluntary carbon market (VCM) is a key mechanism to scale those solutions. The 2023 edition of the State of the Voluntary Carbon Market report from Carbon Direct provides carbon credit buyers, carbon project developers, and p