Around The Web

BRIEFING: IMF falls short on climate finance and needs reforms, world leaders say

Carbon Pulse - Wed, 2024-10-23 10:27
Leaders of countries most vulnerable to the impacts of climate change called on the International Monetary Fund (IMF) to reform its programmes to better support climate resilience and sustainable development during a panel Tuesday.
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Rogue gamekeepers killing birds of prey, says RSPB

BBC - Wed, 2024-10-23 10:19
The bird protection charity described the deaths as a 'national disgrace'.
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FEATURE: Clean cooking sector on tenterhooks after alleged fraud slips past VCM quality checks

Carbon Pulse - Wed, 2024-10-23 09:47
Inconsistencies in the verification of clean cookstove initiatives developed by C-Quest Capital, which saw its former executives charged with fraud earlier this month by US federal prosecutors, have sent shockwaves across the voluntary carbon market (VCM) ahead of crucial integrity decisions concerning this project type.
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Environmental groups urge EPA to halt CO2 injection permits following Illinois leak

Carbon Pulse - Wed, 2024-10-23 09:45
A group of 175 environmental groups from across the nation is urging the US Environmental Protection Agency (EPA) to cease issuing permits for new CO2 injection wells and stop the process nationwide following a leak discovered at an Illinois site.
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Financial GHG emissions accounting protocol steps up efforts in MENA region

Carbon Pulse - Wed, 2024-10-23 09:01
An industry-led greenhouse gas accounting protocol for financial institutions, used by public sector and civil society decarbonisation standards, is expanding into the Middle East and North Africa, it announced on Wednesday.
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Urban green spaces have vital role in cutting heat-related deaths, study finds

The Guardian - Wed, 2024-10-23 08:30

Comprehensive review suggests that adding more parks, trees and greenery could improve public health

Green spaces in cities play a vital role in reducing illness and deaths caused by climate breakdown, according to the most comprehensive study of its kind.

The findings of the review suggest that adding more parks, trees and greenery to urban areas could help countries tackle heat-related harms and improve public health.

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US onboard shipping CCS developer closes $9.5 mln additional funding

Carbon Pulse - Wed, 2024-10-23 07:46
A California-headquartered developer of modular onboard carbon capture and storage (CCS) for the shipping sector has a raised $9.5 million in new funding, according to a Tuesday press release.
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New commission may ban English water companies from making a profit

The Guardian - Wed, 2024-10-23 07:00

Defra body, created to overhaul system amid public fury, may force firms to be run for public good rather than shareholder returns

Water companies in England could be banned from making a profit under plans for a complete overhaul of the system.

The idea is one of the options being considered by a new commission set up by the Department for Environment, Food and Rural Affairs (Defra) amid public fury over the way firms have prioritised profit over the environment.

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New Water Commission must create an environmental enforcer that is feared

The Guardian - Wed, 2024-10-23 07:00

The division of responsibilities between Ofwat, the Environment Agency and Drinking Water Inspectorate hasn’t worked

An independent commission into the English and Welsh water sector would have been an excellent idea about 20 years ago. It is hard to pinpoint precisely when the industry went seriously off the rails but Ofwat’s infamous price review of 2004 is one starting point. That is when the undoubted gains from higher investment in the decade after privatisation in 1989 started to evaporate and the story turned into one of financial engineering and grossly inadequate regulation.

The 2004 settlement was wildly generous to the companies and kickstarted the disastrous take-private buyout boom by private equity and global infrastructure funds. Dividend extraction and “whole business securitisations” followed, tolerated by an economic regulator that, absurdly, took the view that sky-high debt levels and Cayman Islands financing vehicles were not its job to worry about.

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COP29 finance goal “difficult to wrestle to the mat”, former US envoy says

Carbon Pulse - Wed, 2024-10-23 06:57
The Obama administration's special envoy for climate said Tuesday that pinning down a number to succeed the existing $100 billion climate finance goal during the upcoming COP29 summit will be "very difficult to wrestle to the mat".
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California county officials unanimously approve state’s first large-scale CCS facility

Carbon Pulse - Wed, 2024-10-23 06:46
A California carbon capture and storage (CCS) project was approved by local officials on Monday amid public opposition, enabling permanent underground storage of up to 49 million tonnes of CO2 in depleted oil fields.
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COP16: INTERVIEW – Integrated nature, climate finance must look beyond carbon storage

Carbon Pulse - Wed, 2024-10-23 05:32
Market-based financing for nature and climate must take a whole-ecosystem approach, looking past carbon sequestration potential to effectively address the two crises, an NGO policy expert has told Carbon Pulse on the sidelines of COP16.
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California chemical technology firm raises $3 mln for 100% synthetic SAF production

Carbon Pulse - Wed, 2024-10-23 05:14
A fuel technology company based in California announced seed funding of $3 million on Tuesday for a patented process that enables the production of 100% synthetic sustainable aviation fuel (SAF) production.
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No home left behind: a postcode approach to electrification

The Conversation - Wed, 2024-10-23 05:08
Getting off gas at home is healthier, cheaper and better for the planet. Now the Electrify 2515 community pilot project promises to demonstrate household electrification at scale. Gill Armstrong, Researcher in architecture and urban planning, Climateworks Centre Portia Odell, System Lead - Cities, Climateworks Centre Licensed as Creative Commons – attribution, no derivatives.
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More hen harriers killed in UK during 2023 than in any other year, RSPB says

The Guardian - Wed, 2024-10-23 05:00

Report also finds at least 1,344 individual birds of prey were persecuted in the UK between 2009 and 2023

More hen harriers were killed in 2023 than in any other year on record, a report has found.

The RSPB’s Birdcrime report also found that at least 1,344 individual birds of prey were persecuted in the UK between 2009 and 2023, and that 75% of people convicted of offences related to the persecution of birds of prey in that period were connected to the gamebird shooting industry.

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COP16: Bloomberg, tech nonprofit expand nature conservation tracker to cover land

Carbon Pulse - Wed, 2024-10-23 03:24
The Bloomberg Ocean Initiative, together with conservation technology NGO SkyTruth, on Tuesday announced an expansion of SkyTruth’s 30x30 Progress Tracker at COP16.
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COP16: Collective announces nature tech taxonomy

Carbon Pulse - Wed, 2024-10-23 01:40
A system for navigating nature-related technologies will be announced on Tuesday by two collaborating initiatives at biodiversity conference COP16, Carbon Pulse has learned.
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Panama freezes forestry permits due to high rates of deforestation

Carbon Pulse - Wed, 2024-10-23 01:30
Panama's Ministry of Environment has temporarily suspended all community forest use permits in two regions in response to a high rate of deforestation, it said over the weekend.
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