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We rely heavily on groundwater – but pumping too much threatens thousands of underground species
Russia’s Sibur looks to sell 18,000 carbon credits on GCC registry
UK announces next wave of plans for marine net gain
EU’s largest arable farm signs up to soil carbon project
Why ‘implementation’ matters in the global fight against the climate crisis
Developing countries argue they don’t lack ambition when it comes to phasing out fossil fuels – it’s all about the means
Why do some developing countries appear to be resisting a fossil fuel phase-out? The answer is fundamentally about implementation – how countries struggling to eradicate poverty and provide basic services (including energy) for their people fund the transition away from fossil fuels.
The “means of implementation” has become a sticking point at the talks, with developing countries united in demanding that developed countries honour their legally binding obligations under the Paris agreement. Developing countries that have contributed so little to the climate crisis but are suffering the worst impacts argue that a phase-out must be centred around equity, which means it must be “fast, fair, funded and forever”.
Continue reading...One in four billionaire Cop28 delegates made fortunes from polluting industries
Exclusive: analysis by Oxfam raises concerns about influence wielded by ultra-rich mega-emitters at summit
At least a quarter of the billionaires registered as delegates at Cop28 made their fortunes from highly polluting industries such as petrochemicals, mining and beef production, a new analysis has shown.
The findings, revealed to the Guardian in an exclusive analysis of the 34 billionaires who are signed up to the UN summit, raise concerns about the influence wielded by ultra-rich, mega-emitters on the world’s efforts to tackle the climate crisis. Together the 34 are worth about $495.5bn.
Continue reading...The NZ aviation industry is making bold climate claims – and risking anti-greenwashing litigation
COP28: FEATURE – Voluntary carbon stakeholders hope jurisdictional REDD+ can command higher prices, appease governments
COP28: INTERVIEW – Paris Agreement market mechanisms will not resolve climate crisis, says Sri Lankan negotiator
EU votes to adopt critical raw materials act as part of its green deal
Killer kitties: cats are eating 2,000 species, including hundreds that are at risk
The first study to quantify what our felines eat on a global scale finds they have a significant impact on wildlife
Cats may be adored human companions, but they are also highly effective killers, according to a study that shows they eat more than 2,000 species globally – including hundreds that are of conservation concern.
Since domestication 9,000 years ago, house cats have spread to all continents except Antarctica. In the paper, published in Nature Communications, researchers describe them as “amongst the most problematic invasive species in the world”.
Continue reading...COP28 – ANALYSIS: Singapore, VCM stakeholders grapple with increasing number of Article 6 agreements
Rich countries failing to show leadership to break Cop28 impasse, activists say
Many accused of being too mired in fossil fuel hypocrisy, as wrangling over possible deal continues
Rich countries have failed to show the leadership necessary to solve the climate crisis, and many are too mired in their own hypocrisy over fossil fuels to break the impasse at Cop28, climate justice advocates have told the Guardian.
Talks at the UN climate summit were deadlocked on Tuesday night, as countries fought over the wording of a potential deal on the future of fossil fuels.
Continue reading...New exchange Abaxx plans to launch carbon futures in January
Unilever investigated over greenwashing claims by UK watchdog
EnergyLab lands more funds to support next generation of renewable startups
Australian Renewable Energy Agency to invest $1.64 million in EnergyLab to help the climate and cleantech accelerator support the next generation of renewable startups.
The post EnergyLab lands more funds to support next generation of renewable startups appeared first on RenewEconomy.
COP28: First-ever Article 6.2 issuance raises additionality concerns as ITMO transfer looms, say NGOs
‘Stop the rapid loss of nature’: Labor warned to clamp down on biodiversity offsets in environment law overhaul
Biodiversity Council says offsets should be a last resort and only used for ‘nature that we can replace’
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The Australian government should significantly constrain the use of biodiversity offsets under its environmental law reform agenda and stop them being used for critically endangered wildlife, according to a report by a partnership of 11 universities.
The Biodiversity Council also called on the Albanese government to define the term “nature positive” in law and set targets for what it will mean in practice, warning that without a clear mandate in legislation the term “will simply become another political slogan”.
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