Analysts speculate that the reduction in approvals could be the result of so many projects being given the go-ahead last year

Asian economies are particularly vulnerable to torrential rains and storms, which can make up for 80% of the extreme weather events in the region

A recent report saying carbon offsets were ‘largely ineffective’ could lead firms to abandon or pare back investment in nature and carbon removals

That was nearly as much as the climate change-related losses China suffered in the first six months of the year combined

China is the world’s biggest emitter of greenhouse gases and has set ambitious targets to cut down its emissions, including hitting peak carbon levels by 2030

The move is significant given estimates that the carbon removal industry could earn up to $100 billion a year by 2030, but remains plagued by scepticism

All existing carbon credits linked to renewable energy projects failed to qualify as per the Core Carbon Principle standards due to concerns over their role in preventing emissions

From 2026 onwards, China will set its focus on controlling emission intensity across provinces and industries

Global methane emissions are rising at their fastest rate in decades, scientists have warned in a new study

Wildfires in Southeast Asia were among the causes in the switch which saw one of the Earth's major carbon sinks collapse in 2023

A bloc of developing countries has accused wealthy nations of a lack of transparency in their approach to climate financing while seeking to "dilute their legal obligations" to help poorer economies

Scientists blame human-influenced climate change for the rise in temperatures which has seen a warmer-than-usual Antarctic winter