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EU climate chief Frans Timmermans arrived at COP27 UN climate talks on Monday proclaiming that hydrogen could be a huge opportunity for Africa, despite green groups stating that if the fuel does not come from 100% renewable sources this solution will only worsen the energy and climate crisis.

Spot and nearby futures for nature-based solutions continued to sink lower in the past week despite a raft of upbeat announcements of investment in the voluntary carbon market (VCM) at COP27 in Egypt.

With Australia experiencing its third year of a La Niña weather cycle, First Nations communities continue to be disproportionately impacted by floods. Culturally safe solutions are needed. Toni Hay, Expert in Indigenous climate adaptation, Indigenous Knowledge Courtney-Jay Williams, Principal Advisor at Indigenous Climate Change, Indigenous Knowledge Licensed as Creative Commons – attribution, no derivatives.

Establishing the age of K'gari (Fraser Island) confirms it emerged before the reef, despite the climate being suitable for coral growth long before then. James Shulmeister, Adjunct Professor, University of Queensland, and Professor and Head of School of Earth and Environment, University of Canterbury Daniel Ellerton, Postdoctoral Researcher, Department of Geological Sciences, Stockholm University Licensed as Creative Commons – attribution, no derivatives.

Previous summit’s president tells ministers no ‘backsliding’ must be allowed over climate crisis ‘red line’

Alok Sharma, the former UK cabinet minister who presided over the Cop26 climate summit in Glasgow last year, has warned delegates at Cop27 that the possibility of limiting global heating to no more than 1.5C may be at risk.

“We’ll either leave Egypt having kept 1.5C alive or this will be the Cop where we lose 1.5C,” Sharma said at the opening on Monday of the high-level ministerial roundtable on pre-2030 ambition.

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Spot and nearby futures for nature-based solutions continued to sink lower in the past week despite a raft of upbeat announcements of investment in the voluntary carbon market (VCM) at COP27 in Egypt.

The US and China will resume official talks on climate change, after their leaders held a meeting at the G20 Summit in Bali on Monday, raising hopes that the move will spur substantial progress to the so-far sluggish COP27 negotiations in Sharm el-Sheikh.

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India published its long-term climate strategy on Monday that will steer the world's third biggest emitter towards meeting a net zero target by 2070, focusing on technological solutions such as scaling hydrogen and CCS, reducing household demand, and phasing out its coal production.

As the talks continued, there was a day of protests on Saturday outside the UN climate summit in Sharm el-Sheikh

• Cop27 live – latest news updates

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The Paris Agreement’s carbon trading rulebook offers ways for non-UN member Taiwan to participate in the emerging Article 6 market, though it would require extensive cooperation from seller countries and updates to domestic legislation, according to experts.

Despite Labor’s increased emissions target, Australia has only improved four places to 55th out of 63 in the annual index

Australia continues to trail other developed countries in addressing the climate crisis, in part due to the Albanese government’s support for new fossil fuel developments, according to an analysis released at the Cop27 UN conference in Egypt.

The climate change performance index, published by Germanwatch, the NewClimate Institute and the Climate Action Network with input from 450 climate and energy experts and campaigners, found Australia was still a “very low performing country”. It ranked 55th on a list of 63 countries and country groupings, up from 59th last year.

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World leaders need to appreciate the importance of local authorities in nations most affected by climate change

When I say Africans are deeply disappointed with Cop27 so far, I don’t want to be misunderstood. There have been real signs of progress, including meaningful shifts towards climate justice by European leaders. But the hope that the global south would have its voice heard by the most powerful nations at this year’s Cop summit has – predictably enough – failed to materialise.

For years now, global climate negotiations have been dominated by world leaders, policymakers and intergovernmental organisations, leaving little space for anyone else. There is not really any impetus to do otherwise.

Ndileka Mandela is a writer, social activist and the head of the Thembekile Mandela Foundation, which focuses on education, health, youth and women’s development in rural villages

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Commodity trading platform Nodal Exchange and environmental products developer IncubEx will launch a Washington carbon allowance futures contract across several vintages ahead of the newest US cap-and-trade market kicking off next year, the companies announced Monday.

In a report announced at the UN's annual climate in Egypt, several countries including Chile, Morocco, and India have emerged as consistently performing well across metrics that consider emissions per capita, policy outlook, and energy use as they edge nearer to leading Scandinavian nations, but no single country was found to be on a 1.5C-aligned pathway.

Solar, storage and VPP specialist, with a host of top-name clients, tumbles into administration.

The post Solar, storage and VPP specialist Verdia tumbles into administration appeared first on RenewEconomy.

EUAs traded yet again in a narrow range during the morning as traders awaited directional signals, while energy prices rose after a major North Sea field suffered an outage.

From clearer definition of goals to new rules to strengthen carbon markets, here are four promising signs of progress at the Egypt climate talks.

The post Four promising signs of progress at the COP27 climate summit appeared first on RenewEconomy.

Dutch government selects zero-subsidy bid for a 760MW offshore wind farm which includes 600MW of onshore electrolysers for production of green hydrogen.

The post Offshore wind farm linked to green hydrogen electrolysers wins auction with zero subsidy appeared first on RenewEconomy.