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Sunak extends UK support for saving forests – but will not give more funding
New president of Brazil expected to join initiative at Cop27 covering a third of world’s forests
Rishi Sunak has pledged the UK’s continued support for conserving threatened forests around the world, through a funding programme covering a third of the world’s forests, at the Cop27 UN climate summit in Egypt.
Brazil is expected to join the initiative, under the incoming president Luiz Inácio Lula da Silva, and new funding from the public and private sector will take the spending for forest conservation above $20bn over the next five years. The moves form part of efforts to tackle emissions from land use, the second biggest driver of global heating, of which tropical deforestation is a significant component.
Continue reading...World is on ‘highway to climate hell’, UN chief warns at Cop27 summit
António Guterres tells leaders ‘global climate fight will be won or lost in this crucial decade – on our watch’
Humanity is on a “highway to climate hell”, the UN secretary general has warned, saying the fight for a liveable planet will be won or lost in this decade.
António Guterres told world leaders at the opening of the Cop27 UN climate summit in Egypt on Monday: “We are in the fight of our lives and we are losing … And our planet is fast approaching tipping points that will make climate chaos irreversible.
Continue reading...Boris Johnson urges Cop27 summit to 'double down on net zero' – video
The former UK prime minister attended a New York Times event at the UN climate conference in Egypt on Monday, saying 'now is not the moment to go weak on net zero' after suggesting that the discussion over the war in Ukraine had distracted from the climate crisis and was having 'all sorts of bad effects'.
Johnson said global leaders should not back away from promises made at the previous climate summit in Glasgow. He said he was attending the summit in a 'purely supportive role' before Rishi Sunak's appearance on Monday afternoon. Sunak had originally said he was unable to attend the event because of commitments to tackle the cost of living crisis
Continue reading...Cop27 wifi in Egypt blocks human rights and key news websites
Attendees say they are unable to visit Human Rights Watch and other sites needed during climate talks
Attendees at the Cop27 climate meeting have found that the conference internet connection blocks access to the global rights organisation Human Rights Watch (HRW) as well as other key news websites needed for information during the talks.
HRW is due to lead a panel discussion at Cop27 along with Amnesty International, whose website is accessible on the conference wifi. The list of blocked sites also includes the blogging platform Medium, Egypt’s lone independent news outlet, Mada Masr, and the Qatari news outlet Al Jazeera.
Continue reading...Senior Carbon Adviser, Santos – Adelaide
Loss and damage issue keeps us Cop27 negotiators wrangling late into the night
Developing countries hope to make progress on this problem because we are already suffering the effects
Cop27 had not even officially opened, and already we delegates found ourselves staying up all night wrangling over important issues. In this case, it was loss and damage – and there may be many more late nights to come on that issue.
At the official start of the conference of the parties to the UN framework convention on climate change (UNFCCC), the conference must first of all achieve consensus on the agenda.
The Secret Negotiators are representatives of developing countries involved in the United Nations Framework Convention on Climate Change negotiations, and who will be attending the Cop27 climate conference.
Continue reading...Cop27: Boris Johnson to attack ‘corrosive cynicism’ on net zero at summit – live
The 27th Cop on climate change is taking place over the next two weeks in the resort of Sharm-el-Sheikh, Egypt
The US and China are showing the ‘can-do promethean’ spirit that can get us to net zero. We need to “put the electric throttle to the floor”.
Glasgow was a high point, a moment at which the ‘clouds of despair’ momentarily parted. But then Putin invaded Ukraine and the fight against climate change was one of the most important collateral damages.
Continue reading...Carbon trader leaves investment firm to set up own VCM venture
Startup raises $4.8 mln to scale up emissions-saving AI tech for heavy industries
Billionaires should not make up climate finance gaps, says Bezos Earth Fund head
Rich countries ‘not living up to obligations’, says Andrew Steer, in charge of $10bn environmental fund
Billionaires can not be expected to make up for climate finance gaps left by rich countries that fail to deliver on promises to the developing world, the head of the Bezos Earth Fund has said.
The Amazon founder, Jeff Bezos, created a $10bn (£8.8m) grant to protect the Earth’s environment in 2020. Andrew Steer, the president and CEO of the Bezos Earth Fund, oversees this alongside the billionaire, his partner Lauren Sanchez and the fund’s board.
Continue reading...Japan to fund third-country green hydrogen projects under JCM
Offshore floating solar plant linked with offshore wind in world first
The world’s first commercial offshore floating solar plant has been commissioned off the east of China, integrated with offshore wind.
The post Offshore floating solar plant linked with offshore wind in world first appeared first on RenewEconomy.
The floating gardens of Bangladesh – in pictures
Many farmers in south-western Bangladesh use floating rafts made from invasive water hyacinths to grow vegetables during the monsoon season – when dry land is scarce – to ensure food security in the low-lying country, which has recently been experiencing prolonged floods and waterlogging as a result of the changing climate
Continue reading...Cop27: Met says arrests made as Just Stop Oil ‘intend to disrupt motorways’
Scotland Yard accuses climate action group of planning harmful and ‘reckless action to obstruct the public on a large scale’
The Metropolitan police have launched a “significant” operation to identify and arrest climate change protesters suspected of planning “reckless and serious” motorway disruption as Cop27 gets under way.
Assistant Commissioner Matt Twist said three people were arrested on Sunday evening who were suspected of planning public disruption. Police were expecting to make more arrests.
Continue reading...Tonga appoints Singapore firm to study, develop blue carbon potential
Snowy finally confirms pumped hydro project over budget and behind schedule
Snowy Hydro's interim CEO tells Senate Estimates of the extent of delays and cost over-runs of the massive Snowy 2.0 project.
The post Snowy finally confirms pumped hydro project over budget and behind schedule appeared first on RenewEconomy.
Australia praised for methane reductions, but should be prepared for uncomfortable COP
Coal mines will help Australia meet a COP26 methane pledge but developing countries are gearing up to make loss and damage the cause de jour of COP27.
The post Australia praised for methane reductions, but should be prepared for uncomfortable COP appeared first on RenewEconomy.
Solar plane and electric vertical take-off and landing technologies win Australian grants
Australian start-up developing long range electric vertical take-off and landing aircraft technology, and another focusing on solar panels on planes have won federal funding.
The post Solar plane and electric vertical take-off and landing technologies win Australian grants appeared first on RenewEconomy.
Solar nears 60pct of grid generation for first time, taking biggest bite yet out of coal’s lunch
Rooftop PV and large scale solar producer nearly 60 per cent of generation for first time, sending grid demand to record low and eating further into coal's lunch.
The post Solar nears 60pct of grid generation for first time, taking biggest bite yet out of coal’s lunch appeared first on RenewEconomy.
Super-rich’s carbon investment emissions ‘equivalent to whole of France’
Analysis examining carbon impact of billionaires’ investments published as Cop27 talks get under way
The super-rich emit greenhouse gases at a level equivalent to the whole of France from their investments in carbon intensive businesses, according to analysis published on the opening of the Cop27 UN climate talks in Egypt.
Examining the carbon impact of the investments of 125 billionaires, the research found they had a collective $2.4tn stake in 183 companies. On average each billionaire’s investment emissions produced 3m tonnes of CO2 a year; a million times more than the average emissions of 2.76 tonnes of CO2 for those living in the bottom 90% of earners. In total the 125 members of the super-rich emitted 393m tonnes of CO2 a year – equivalent to the emissions of France, which has a population of 67 million.
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