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Asia-Pacific climate commitments off pace with rest of the world, UN report says

Carbon Pulse - Thu, 2023-11-16 22:29
Most Asia-Pacific nations are trailing global commitment levels in emissions targets, and they should use the next cycle of NDC updates in 2024-25 to recalibrate, a UN report said Thursday.
Categories: Around The Web

WWF pitches international nature positive financial regulation blueprint

Carbon Pulse - Thu, 2023-11-16 22:24
A coalition of countries could collaborate on a plan for regulation to push a nature positive agenda globally, the director general of the WWF International has said.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2023-11-16 22:21
European carbon declined slowly through Thursday morning, tracking movements in natural gas amid a general lack of activity, as participants continued to speculate over whether prices will recover ahead of the expiry of the current front-December contract.
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Finance partnership to offer forest nations cash for emissions reductions agreements, eyes two deals pre-COP28

Carbon Pulse - Thu, 2023-11-16 22:01
A financing mechanism, launched on Thursday by green groups with backing from the UK government, will provide advanced funding for forest-rich countries that sign binding Emissions Reduction Purchase Agreements (ERPAs) with the LEAF Coalition, with executives hoping to secure two such deals this month and several more in the first half of 2024.
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Smaller businesses want to decarbonise but struggle with measurement and reporting, finds report

Carbon Pulse - Thu, 2023-11-16 21:03
A global study of over 15,000 small-and medium-sized enterprises (SMEs) has highlighted that many SMEs want to make progress sustainability, but often are unable to measure and report on emissions.
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Microplastics found in clouds could affect weather and global temperatures

The Guardian - Thu, 2023-11-16 21:00

Scientists in eastern China find 24 out of 28 water samples have plastic particles commonly seen in synthetic fibers and packaging

Air, water, soil, food and even blood – microplastics have found their way virtually everywhere on Earth, and now that list includes clouds.

Bits of plastic particles were recently discovered above eastern China, with new research showing that these microplastics could influence cloud formation and the weather.

Continue reading...
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Ratings agency teams up with satellite provider to enhance first carbon MRV capabilities

Carbon Pulse - Thu, 2023-11-16 20:37
A ratings agency for the voluntary carbon market (VCM) has announced a partnership with a satellite data provider, it announced Thursday, to enhance the monitoring, reporting, and verification of forestry projects.
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“Net zero greenwash:” Energy giants called out over plans to burn more fossil fuels

RenewEconomy - Thu, 2023-11-16 20:26

Woodside's North Rankin Complex in the North West Shelf.Woodside Energy was among those assessed to be at significant risk of "net zero greenwash" because of their efforts to influence governments against phasing out fossil fuels.

The post “Net zero greenwash:” Energy giants called out over plans to burn more fossil fuels appeared first on RenewEconomy.

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EU agtech startup expands soil carbon platform reach to 2 mln hectares

Carbon Pulse - Thu, 2023-11-16 20:23
A Danish tech company announced Thursday its soil carbon platform now covers two million hectares spanning 17 European countries, with the expansion aided by a €46 mln raise earlier this year. 
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EU cleantech startup raises €4.5 mln to reduce emissions in heavy industry

Carbon Pulse - Thu, 2023-11-16 20:08
A European cleantech firm has raised €4.5 million including grants from Brussels to improve the energy efficiency and reduce emissions as part of heavy industrial processes, according to a release Thursday.
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Japan’s steel sector far from credible decarbonisation -report

Carbon Pulse - Thu, 2023-11-16 19:08
None of Japan’s ‘big three’ steel makers are close to realising the kinds of steep emissions cuts needed for the energy transition according to their own stated emissions plans, an Asian think tank said Thursday.
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South Australia passes green hydrogen law, with support from anti-wind cross bench

RenewEconomy - Thu, 2023-11-16 19:07

South Australia hydrogen act passes after support from One Nation and SA Best, founded by anti-wind campaigner Nick Xenophon, overcame delaying tactics from Greens and Liberals.

The post South Australia passes green hydrogen law, with support from anti-wind cross bench appeared first on RenewEconomy.

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British Columbia commits to whole-of-govt approach in new biodiversity framework

Carbon Pulse - Thu, 2023-11-16 19:02
Canada’s British Columbia has released a strategy framework on biodiversity and ecosystem health, vowing to take a whole-of-government and whole-of-society approach to govern the protection and restoration of nature.
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Western Australia slashes “green tape” and bypassing EPA for renewable projects

RenewEconomy - Thu, 2023-11-16 18:41

Alinta Wind Farm from Infigen Energy - optimisedW.A. paves the way to fast track the approval of renewable energy projects as it races to provide enough capacity for electrocution and green industry.

The post Western Australia slashes “green tape” and bypassing EPA for renewable projects appeared first on RenewEconomy.

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Forrest creates NY-based fund to tap into other rich people’s money for green energy plans

RenewEconomy - Thu, 2023-11-16 18:35

andrew forrest turbine bango wind farmAndrew Forrest creates New York-based asset manager to raise capital from pension and sovereign funds, and other rich people to support his highly ambitious green energy plans.

The post Forrest creates NY-based fund to tap into other rich people’s money for green energy plans appeared first on RenewEconomy.

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China to announce additional regulations to support CCER relaunch

Carbon Pulse - Thu, 2023-11-16 17:25
China is set to announce three supplementary rules to back the operation of its national voluntary scheme, providing more clarity for developers and traders to participate in the long-suspended market, the government said Thursday.
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Environmental plantings to dominate future ACCU issuance, outlook shows

Carbon Pulse - Thu, 2023-11-16 16:35
An outlook into Australia’s carbon market expects Australian Carbon Credit Units (ACCUs) sourced from environmental planting (EP) projects will make up a large portion of the annual issuance in the years ahead.
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More than half of UK and Ireland seabirds in decline, census finds

The Guardian - Thu, 2023-11-16 16:00

Species populations falling, with some decreasing due to loss of habitat and less food availability

More than half the seabird species breeding on British and Irish coasts have declined over the last 20 years, according to the most comprehensive census to date.

Eleven of 21 nesting seabirds species have fallen, five species have remained stable and five have increased, some because of targeted conservation work, according to the Seabirds Count survey.

Continue reading...
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Corporate buyers of carbon credits more likely to reduce emissions than other firms -study

Carbon Pulse - Thu, 2023-11-16 15:01
A global consultancy has found that companies buying carbon credits and removals are on average more successful in reducing their operational emissions than those that do not, echoing similar findings from another recent voluntary carbon market (VCM) report.
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More fossil fuel wealth should be funnelled into loss and damage finance, says report

Carbon Pulse - Thu, 2023-11-16 15:00
The world’s biggest oil and gas companies could have afforded to pay for the loss and damage associated with the fossil fuels they produced over the past few decades, and more of this wealth should be funnelled into loss and damage funds, according to a report published on Thursday.
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