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Australia is pressuring multilateral finance institutions, such as the World Bank, to unlock climate finance for developing nations, as it seeks to re-establish itself as an international leader on the climate change after almost a decade of policy stubbornness on the world stage.

Australia is back as a ‘constructive collaborator’ in negotations, he will tell summit, as he calls for more commitment from institutions

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The Australian climate change minister, Chris Bowen, will use a speech at the Cop27 UN summit in Egypt to call out the World Bank for failing to address the climate crisis, and join calls for the international financial system to be reshaped.

Giving a national statement at the conference in Sharm el-Sheik on Tuesday, Bowen will declare that Australia is back as a “constructive, positive, and willing climate collaborator” since the Anthony Albanese-led Labor party ousted Scott Morrison’s rightwing coalition, which was widely criticised as a roadblock at climate negotiations.

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UN COP27 climate talks hosts Egypt have tasked officials to continue negotiations for two more days before ministers take over, maintaining current formations despite slow-going during the first half of the two-week summit on issues such as Article 6 carbon markets.

ExxonMobil and Indonesian national oil company Pertamina have signed a $2.5 billion agreement to further assess the development of a regional carbon capture and storage hub in Indonesia to sequester CO2 from domestic and international sources, they announced over the weekend.

Monday is water and gender day at the climate conference being held in Sharm el-Sheikh, Egypt

So, obviously Cop27 is a crucial event for the future of the planet, and we are discussing many important and incredibly depressing issues. However, there is still room for a bit of fun, I think.

My colleague Nina Lakhani has noticed how many people at Cop are wearing stunning outfits, dressing colourfully and beautifully each day at the conference centre.

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It’s the second Monday – Gender Day – at COP27 in Sharm el-Sheikh, and Carbon Pulse rounds up today's news from the summit as well as announcements over the weekend. Timestamps in local time (EEST, GMT+2).

The Asian Development Bank (ADB) has signed a Memorandum of Understanding (MoU) with Indonesian counterparties to explore the early retirement of a coal-fired power station under the bank’s Energy Transition Mechanism (ETM), it announced on Monday.

Leaders from Achuar and Wampis peoples say Petroperú is responsible for spills in their territory

Native leaders from the Peruvian Amazon are to travel to the US this week to lobby banks to cut financial ties with Peru’s state oil company, Petroperú.

Leaders from the Achuar and Wampis peoples say the state company is responsible for oil spills in their territory that violate their human rights by polluting their water sources and irreparably damaging their fishing and hunting grounds.

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Unsettled weather to continue across western Europe and southern Australia forecast to experience unseasonably cold spell

After causing devastation in Florida last week, Hurricane Nicole travelled along the east coast of the US and across the Atlantic towards western Europe as an extratropical cyclone. The remnants of Nicole brought heavy rain and strong winds to Ireland, the UK and parts of northern France during Monday night and Tuesday.

Unsettled conditions are set to continue throughout the next few days across western Europe as several areas of low pressure move in from the Atlantic. These lows are expected to affect areas as far east as Norway and as far south as the Bay of Biscay, and will bring the potential of some localised flooding for the worst affected areas.

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The ETS Officer is responsible for supporting and delivering excellent services to Carbon Forest Services’ client base.

The Max Carbon programme is providing the first opportunity to step back and consider how forests are included in the regulations and how this aligns with the outcomes being sought within the ETS and wider outcomes [e.g. biodiversity, alternative species].

Carbon Tracker thinktank says investors in fossil fuels on the continent would be left with stranded assets

Expanding oil and gas exports would threaten the economic stability of many African countries, new analysis has found, despite soaring fossil fuel prices.

Demand for fossil fuels is likely to fall sharply in the medium term, according to a report published on Monday by the Carbon Tracker thinktank. That makes relying on gas exports to fuel economic growth a short-term, risky strategy, while boosting solar power would prove a better long-term bet, the analysis found.

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Days scheduled to discuss issues such as women’s rights and civil society alongside formal negotiations

Water and the affects of the climate crisis on water scarcity will come under scrutiny on Monday at the Cop27 UN climate summit in Sharm el-Sheikh as it enters its second week.

The talks are scheduled to end on Friday, though it is likely they will continue at least into Saturday, with new measures and pledges hoped for on issues from greenhouse gas emissions cuts to financial assistance for the poorest nations.

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FFI and Windlab to co-develop 10GW-plus wind and solar "Super Hub" in northern Queensland to fast-track the state's green hydrogen ambitions.

The post Forrest unveils 10GW renewable “super hub” to power grid and green hydrogen appeared first on RenewEconomy.

Brisbane Airport says it will be powered with 100% renewables by 2025 after inking deal to source Queensland solar and wind from Stanwell Corporation.

The post “First of many:” State coal utility signs renewable power deal for Brisbane Airport appeared first on RenewEconomy.

There are fears the commitment to a key warming limit may soften as nations seek agreement in Egypt.

Brush turkeys, bats, and cockroaches are crucial for the environment – including our gardens. Each have fascinating ways of coping in wet weather. Elise Oakman, PhD Candidate, University of Sydney Caitlyn Forster, PhD Candidate, School of Life and Environmental Sciences, University of Sydney Matthew Hall, Casual Academic, University of Sydney Mei-Ting Kao, PhD student, University of Sydney Licensed as Creative Commons – attribution, no derivatives.

Long before Green Square was a huge urban renewal project it was Country known to Traditional Owners for its wetlands. Until now, those water stories have remained largely invisible. Ilaria Vanni, Associate Professor, International Studies and Global Societies, University of Technology Sydney Alexandra Crosby, Associate Professor, School of Design, University of Technology Sydney Shannon Foster, D'harawal Knowledge Keeper, PhD Candidate and Lecturer, School of Architecture, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.

A former coal mine in NSW to be first test site for a new gravity storage technology.

The post Former Yancoal mine to be first test site for Australian gravity storage technology appeared first on RenewEconomy.

BeZero Carbon has secured $50 mln in second round funding as it seeks to establish itself as the market leading ratings agency in the global voluntary carbon market.