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New tool to offer customisable climate risk analysis for investors

Carbon Pulse - Fri, 2024-11-22 00:19
Investors can now customise how they analyse climate risks and portfolio alignment with global temperature goals, thanks to a new reporting tool released on Thursday.
Categories: Around The Web

Ghana Article 6.2 cookstoves project accused of over-crediting by up to 79%

Carbon Pulse - Fri, 2024-11-22 00:16
A Swiss NGO has alleged that a clean cooking project developed under a bilateral agreement between Ghana and Switzerland is using assumptions that inflate issuances of credits generated under Article 6.2 of the Paris Agreement, known as Internationally Transferred Mitigation Outcomes (ITMOs).
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Leading project developers urge SBTi to listen to Global South and allow credits for Scope 3 mitigation

Carbon Pulse - Thu, 2024-11-21 23:44
Project developers are urging the SBTi to listen to the Global South and allow credits to be used for Scope 3 emission targets to strengthen the voluntary market.
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COP29: Business coalition calls for clear commitment to transition away from fossil fuels

Carbon Pulse - Thu, 2024-11-21 23:36
More than 260 companies have signed a letter outlining what is needed to expedite the shift away from fossil fuels, urging negotiators to tighten up texts at the COP29 global climate summit, underlining that policy clarity is crucial for private sector support.
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Texas DAC hub to run solely on wind power

Carbon Pulse - Thu, 2024-11-21 23:01
Two project developers announced on Thursday the construction of a direct air capture (DAC) facility to be run entirely on wind power and stored onsite using geological storage in central Texas.
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COP29: Oil companies lobbying at climate negotiations tied to 17 mln deaths since Paris, NGO says

Carbon Pulse - Thu, 2024-11-21 23:01
Fossil fuel companies that have sent lobbyists to COP summits produced enough oil and gas since the 2015 Paris Agreement to cause 17 million heat deaths, according to new analysis released on Thursday.
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UK environment secretary vows to ensure farmers are paid fairly for produce

The Guardian - Thu, 2024-11-21 22:49

Steve Reed says he may not agree on inheritance tax changes but government will listen to rural Britain

The UK environment secretary has promised to reform the food system to ensure farmers are paid fairly for the food they produce, after many filled the streets of Westminster to campaign against inheritance tax changes.

Speaking at the Country Land and Business Association (CLA) conference, Steve Reed said: “I heard the anguish of the countryside on the streets of London earlier this week. We may not agree over the inheritance tax changes, but this government is determined to listen to rural Britain and end its long decline.”

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COP29: Fossil fuels transition dropped from hollowed-out deal on emission reductions

Carbon Pulse - Thu, 2024-11-21 22:44
Large, heavy-emitting economies appear to be winning the battle over if and how the COP29 summit should push forward on last year's landmark commitment to transition away from fossil fuels — raising alarm bells for many in Baku.
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INTERVIEW: AI-powered building optimisation can cut energy use by 20-30%

Carbon Pulse - Thu, 2024-11-21 22:36
AI-powered building optimisation can boost energy efficiency by 20-30% at a fraction of traditional capital expenses, an executive at a Lithuanian proptech startup has told Carbon Pulse.
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Nutrient credit partnership launches in UK with biodiversity net gain target

Carbon Pulse - Thu, 2024-11-21 22:34
A partnership of local authorities in England soft-launched on Tuesday to scale delivery of nutrient mitigation credits, while exploring how to combine them with biodiversity net gain (BNG) units, following government investment.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-11-21 22:18
EU carbon prices climbed to their highest in nearly 12 weeks on Thursday morning as concerns over rising geopolitical tensions in Ukraine and a short unplanned North Sea outage encouraged natural gas traders to buy, helping carbon to breach an important psychological level for the second time this week.
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'It is a shame': Starmer laments lack of Tory support for climate measures – video

The Guardian - Thu, 2024-11-21 21:42

The prime minister, Keir Starmer, has hit out at the lack of Conservative support for climate targets and said it shows 'just how far the party has fallen'. 'It’s a shame,' he said. 'When Cop was in Scotland, there was a real unity across the house about the importance of tackling one of the most central issues of our time,' Starmer said in Commons after returning from the G20 and Cop29

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Fury at climate talks over ‘backsliding’ on fossil fuels

BBC - Thu, 2024-11-21 21:06
Countries are split at UN climate summit over funding and commitments to reducing fossil fuel use.
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International law firm buys water, carbon units from project in Egypt

Carbon Pulse - Thu, 2024-11-21 21:05
An international law firm has purchased a batch of natural capital units generated through a regenerative agriculture project in Egypt, Carbon Pulse has learned.
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As we wait for national legislation, let’s launch a Green New Deal from below | Jeremy Brecher

The Guardian - Thu, 2024-11-21 21:00

Local and state initiatives can act as ‘proof of concept’ for transformative climate and jobs legislation

As Trump and Trumpism devastate the American political landscape, how can people counter this destructive juggernaut? For the past five years, I have been studying how people are actually implementing the elements of the Green New Deal through what has become a Green New Deal from Below. This framework, which ordinary people are already putting into practice, is an approach to organizing that can form a significant means for resisting and even overcoming the Trump agenda.

The Green New Deal is a visionary program designed to protect the earth’s climate while creating good jobs, reducing injustice and eliminating poverty. The Green New Deal erupted into public attention as a proposal for national legislation, and the struggle to embody it in national legislation is ongoing.

Jeremy Brecher is the author of the new book The Green New Deal from Below: How Ordinary People Are Building a Just and Climate-Safe Economy. He is the author of more than a dozen books on labor and social movements and the co-founder and senior advisor of the Labor Network for Sustainability

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COP29: Fiji unveils carbon market strategy roadmap  

Carbon Pulse - Thu, 2024-11-21 20:50
Fiji's government on Thursday published its National Carbon Market Strategy Roadmap, which lays out key considerations and next steps to develop emissions reduction projects in the country using market-based mechanisms.
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COP29: Singapore signs Article 6 Implementation Agreement with Peru

Carbon Pulse - Thu, 2024-11-21 20:37
Singapore and Peru on Thursday announced they had finalised an agreement to trade sovereign carbon credits under Article 6 of the Paris Agreement, paving the way for credits created in the South American country to be used towards a portion of corporate requirements under the city state's carbon tax.
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EU Commission pause on EUA auction adjustments bullish for prices -analysts

Carbon Pulse - Thu, 2024-11-21 20:26
The European Commission this week announced that it would not increase EUA auction volumes in the near term under its REPowerEU programme to account for lower allowance prices, a declaration that analysts viewed as bullish.
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Verra to open consultation on stewardship credits in early 2025

Carbon Pulse - Thu, 2024-11-21 19:56
Environmental crediting standard Verra is set to open public consultation on its stewardship credit programme early next year, a company executive told a webinar on Wednesday.
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Asia-focused carbon standards team up to promote voluntary carbon market

Carbon Pulse - Thu, 2024-11-21 19:44
Two carbon standard operators have teamed up to promote the development of the Asian voluntary market.
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