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The public-private LEAF Coalition expects the first issuances of jurisdictional REDD credits under the ART TREES standard in the first half of next year, a programme coordinator told a COP27 side event on Wednesday, adding that four more Brazilian states are due to sign up aiming to supply units in future.

New modelling suggests climate change-driven variability will be detectable decades earlier than previously expected

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Stronger La Niña and El Niño events due to global heating will be detectable in the eastern Pacific Ocean by 2030, decades earlier than previously expected, new modelling suggests.

Researchers have analysed 70 years of reliable sea surface temperature records in the Pacific Ocean to model changes in the El Niño-Southern Oscillation (Enso) under current projections of global heating.

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The expert on carbon standards consultant will work with the DAPA Program team by providing expert technical advice in the technical design of crediting policy approaches in compliance with commercial carbon standards, in particular, the Gold Standard.

Compensate is a carbon offset services provider / impact-driven growth company that is recognized in the voluntary carbon offset market for its high integrity and work towards elevating existing market standards. We are looking for a Sales Executive to join our growing team.

The Compensate Foundation is a non-profit organization that focuses on advocacy work to improve the integrity of the voluntary carbon market. Now we are looking for an Executive Director to lead the non-profit advocacy work of Compensate to the next level.

A German-headquartered project development firm has acquired an ownership stake in another, they announced Tuesday.

EUAs dropped by as much as 3.8% as traders appeared to suffer jitters ahead of this evening's trilogue meeting to negotiate a compromise package on the REPowerEU package, which is likely to involve selling EUAs to raise funds, while gas markets weakened amid forecasts that EU storages will be higher than normal at the end of the coming winter.

The siren call of climate-burning expansion bewitches British politics. More of the same will emerge in the autumn statement

If things had been different, Rishi Sunak might have topped off his trip this week to the G20 summit in Bali with a quick dash back to Sharm el-Sheikh for the final hours of Cop27. But gone, sadly, are the days when getting a climate deal over the line was top priority for world leaders. Now they prefer to show up for the opening ceremony and then leave. It’s safer to grace the platform when there’s only hot air and the moral high ground at stake. And besides, Sunak has a diary clash tomorrow. He and Jeremy Hunt don’t have time to save the planet. They have to try to save the Tory party.

Like a couple of cleaners wading around in the aftermath of a bloodbath, the prime minister and his chancellor have been warning everyone for weeks how messy things are going to be in their autumn statement. Cut spending. Raise taxes. Raid pensions. Everyone is going to have to make sacrifices. Nothing is off the table. Nothing, that is, except identifying (and punishing) the architects of the chaos.

Tim Jackson is professor of sustainable development at the University of Surrey and director of the Centre for the Understanding of Sustainable Prosperity

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Singapore has added a third global carbon offset standard to supply carbon credits that domestic companies can buy to count towards their carbon tax obligations.

Verra, the largest certifier body in the voluntary carbon market, will pilot a digital monitoring, reporting and verification (MRV) platform that promises to slash the time and cost of traditional carbon accounting methods, it announced at COP27 on Wednesday.

G20 leaders agreed to pursue efforts to limit the global average temperature to 1.5C at this year’s summit in Bali, with the world’s largest economies also agreeing to address the issue of loss and damage from climate change and reaffirming broadly-termed commitments to phase down unabated coal use and phase out fossil fuel subsidies, in moves that were generally welcomed by climate groups on Wednesday.

The focus at the climate conference turns to biodiversity, and a draft cover text is expected to emerge

Funding for the countries that are on the front lines of the climate crisis was supposed to have been one of the big themes of this year’s summit.

But the Alliance of Small Island States (AOSIS) and other developing countries have said they are gravely concerned with the lack of progress on funding for loss and damage.

We have come too far to fail on loss and damage finance. Three quarters of humanity is relying on a favourable outcome at COP27.

AOSIS and our fellow developing countries have toiled for the past thirty years to be heard on this issue. AOSIS has worked tirelessly this year to build consensus, devise a clear loss and damage response fund proposal, and ensure the commitment of the international community to come to COP27 and negotiate on this issue in good faith.

There’s a big roar from the crowd as Lula arrives and files into a meeting room next to the pavilion.

Chants of “Ole, ole, ole, ola, Lula, Lula!” restart. It is unclear whether he is going to address the crowd. I have not seen so much excitement at Cop27 so far.

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China is likely to bring in the petrochemical sector into its national emissions trading scheme (ETS) in 2024, a move that would add around 2,300 companies to the world's biggest compliance market, according to a top official at the national industry association.

It’s Wednesday - Biodiversity Day - of week two at COP27 in Sharm el-Sheikh, and Carbon Pulse rounds up today's other news and announcements from the summit. Timestamps in local time (EEST, GMT+2).

Singapore and Ghana have concluded negotiations on an implementation agreement to cooperate on carbon credits in alignment with guidelines set out in Article 6, the Singaporean ministry of trade and industry has announced while the island state is eyeing a separate market collaboration partnership with Papua New Guinea.

Regulator says new additions to the grid at their lowest level for five years, but gets its data mixed up when comparing coal output with wind and solar.

The post New wind, solar and battery additions at lowest level for five years in Australia appeared first on RenewEconomy.

A global food and drink conglomerate has partnered with project developers to plant a biodiverse mix of 10 million trees in Australia by 2025.

The American space agency is trying once again to get its giant new Moon rocket off Earth.

Gulf petrostate hired PR firms to stress its part in next year’s climate summit before this year’s had begun

The United Arab Emirates has been using its role as the host of next year’s UN climate conference to launder its international reputation, long before this year’s event – Cop27 in Sharm el-Sheikh – began.

The Emirates, which will host Cop28 in November 2023, hired public relations and lobbying agencies specifically to promote its role as the future host before this year’s conference had began, an unusual move that exceeded the promotional efforts of past host nations and suggests an increased Emirati role in this year’s Cop27 conference.

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Leaders say December biodiversity summit in Montreal is ‘unprecedented’ chance to turn tide on nature loss

The architects of the Paris agreement have urged world leaders to reach an ambitious sister deal for nature at the Cop15 biodiversity conference this December while warning that limiting global heating to 1.5C is impossible without protecting and restoring ecosystems.

On biodiversity day at the Cop27 climate conference in Egypt, Christiana Figueres, Laurence Tubiana, Laurent Fabius and Manuel Pulgar-Vidal, who helped design the Paris agreement, said that Cop15 would be an “unprecedented” opportunity to turn the tide on nature loss.

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