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COP29: War causes 6% of global emissions, but is almost ignored by UN -research

Carbon Pulse - Tue, 2024-11-19 23:00
Military conflicts account for around 5.5% of global emissions, yet countries are not obliged to report them under the UN climate body’s framework, research bodies highlighted at the COP29 climate summit in Baku, Azerbaijan.
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COP29: INTERVIEW – Namibia’s draft regulations on compliance carbon markets to be out next year

Carbon Pulse - Tue, 2024-11-19 22:55
The Namibian government will release draft carbon market regulations in 2025, once it has clarity of the rules underpinning the UN's international market mechanism, an official told Carbon Pulse at the COP29 climate summit in Baku.
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UK digital bank buys 25 acres of woodland as part of 2035 climate positive pledge

Carbon Pulse - Tue, 2024-11-19 22:43
A Durham-based fintech has purchased 25 acres (10,1 hectares) of new woodland in Northeast England as part of a commitment to become climate positive by 2035, the company announced on Tuesday.
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COP29: INTERVIEW – Uganda backs Article 6 where voluntary market, foreign contributions fall short

Carbon Pulse - Tue, 2024-11-19 22:39
Uganda is looking to Article 6 projects to help finance sustainable development, particularly given the limitations of the voluntary carbon market (VCM) and international finance goals, a senior official told Carbon Pulse on the sidelines of COP29.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-11-19 22:10
EU carbon prices stalled on Tuesday morning after their 2.2% jump on Monday, trading in a relatively narrow range as gas prices also stabilised and traders waited for signs of new price direction.
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What we’ve learned in the five years since our first environment pledge

The Guardian - Tue, 2024-11-19 22:00

An update on our progress from the Guardian’s head of sustainability

Five years ago the Guardian made a pledge that we would “play a part, both in our journalism and in our own organisation, to address the climate emergency” with our first annual environment pledge. That commitment reflected our long history of environment reporting and our view that individual companies had to take greater responsibility for their impact on the natural world. We wanted to demonstrate to readers that we were taking the action that our journalism showed was so necessary, and to be transparent about our progress. Today we publish the 2024 pledge.

Since then we have worked hard to measure and reduce our greenhouse gas emissions, to understand our impact on nature and to share our results openly with readers. In our latest sustainability report, published last month, we show that our emissions have fallen by 43% since 2020, putting us well on track to achieve our goal of a 67% cut by 2030.

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Gold Standard credit issuance data added to Climate Action Data Trust platform

Carbon Pulse - Tue, 2024-11-19 21:29
Project and credit data from Gold Standard will be available on the Climate Action Data Trust (CAD) platform by the end of the year, it was announced Tuesday.
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Norway commits $60 mln to the Amazon Fund

Carbon Pulse - Tue, 2024-11-19 21:23
The Norwegian government has pledged an additional NOK 670 million ($60 mln) to the Amazon Fund to help conserve the rainforest region, it announced on the sidelines of the G20 summit in Brazil.
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COP29: Senegal gears up for Article 6 with Norway deal, national policies -official

Carbon Pulse - Tue, 2024-11-19 20:54
Senegal’s environment ministry is preparing to leverage Article 6 carbon markets in support of national and international climate goals, according to statements made on Tuesday by a senior official at the COP29 global climate summit in Baku, Azerbaijan.
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Hundreds of lobbyists for industrial farming attend Cop29 climate summit

The Guardian - Tue, 2024-11-19 20:40

Nearly 40% of food sector lobbyists have travelled to Baku as part of countries’ delegations

Hundreds of lobbyists for industrial agriculture are attending the Cop29 climate summit in Baku, analysis shows.

They include representatives from some of the world’s largest agribusiness companies including the Brazilian meatpacker JBS, the animal pharmaceuticals company Elanco, and the food giant PepsiCo, as well as trade groups representing the food sector.

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COP29: Singapore, Japan set overseas carbon credit targets for 2030 NDC

Carbon Pulse - Tue, 2024-11-19 20:37
Singapore and Japan have formulated purchase targets for Paris-aligned carbon credits through 2030.
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We rated the urban forests of 8 global cities – only Singapore passed the 30% canopy test

The Conversation - Tue, 2024-11-19 20:28
Have you heard of the 3+30+300 rule for urban forestry? See how Melbourne and Sydney compare to New York, Denver, Seattle, Buenos Aires, Amsterdam and Singapore on trees, canopy and park proximity. Thami Croeser, Research Fellow, Centre for Urban Research, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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COP29: Clean tech tariffs risk triggering ‘backlash’, UN agency warns

Carbon Pulse - Tue, 2024-11-19 20:03
The imposition of tariffs and regulatory barriers on clean technologies may initially benefit countries wanting to protect nascent industries from competition, but they will backfire in the long run and ultimately hurt consumers, warned a senior official at UN Trade and Development (UNCTAD).
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Construction is the world’s biggest polluter, yet Labour still refuses to tackle it | Simon Jenkins

The Guardian - Tue, 2024-11-19 20:00

Refurbishing an old building is subject to full VAT, but it isn’t if you build a polluting new one. The government’s priorities are all wrong

You can damn oil companies, abuse cars, insult nimbys, kill cows, befoul art galleries. But you must never, ever criticise the worst offender of all. The construction industry is sacred to both the left and the right. It may be the world’s greatest polluter, but it is not to be criticised. It is the elephant in the global-heating room.

It’s hard not to feel as though we have a blind spot when it comes to cement, steel and concrete. A year has now passed since the UN’s environment programme stated baldly that “the building and construction sector is by far the largest emitter of greenhouse gases”. The industry accounts for “a staggering 37% of global emissions”, more than any other single source. Yet it rarely gets the same attention as oil or car companies.

Simon Jenkins is a Guardian columnist

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Triodos Bank to ringfence €500 mln in nature-based solutions by 2030

Carbon Pulse - Tue, 2024-11-19 19:56
Dutch-headquartered bank Triodos announced on Tuesday it will invest a minimum of €500 million in nature-based solutions (NbS) by the end of 2030 as part of its biodiversity strategy.
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G20 endorses broad climate finance, but fails to provide clarity on NCQG 

Carbon Pulse - Tue, 2024-11-19 19:29
The G20 reaffirmed a broad commitment to climate finance efforts in a communique following the conclusion of its summit in Brazil, but observers say more is needed from the world’s wealthiest countries to adequately address climate change globally. 
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COP29: BRIEFING – UN “on cusp” of first Article 6 carbon credit issuances

Carbon Pulse - Tue, 2024-11-19 19:28
Thousands of projects have already applied to transition to the new Paris Agreement carbon crediting mechanism and hundreds of proponents have signalled interest in developing new activities, and with interim UN registry infrastructure to be ready in a few weeks, the first issuances can be processed in early 2025, according to experts.
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Australia reviews carbon offset auditing mechanism

Carbon Pulse - Tue, 2024-11-19 19:23
Australia’s Clean Energy Regulator has launched a consultation process for a new carbon offset project auditing mechanism, including the option to ease auditing requirements for small projects.
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COP29: Norway signs slate of Article 6 agreements through new $740 mln funding facility

Carbon Pulse - Tue, 2024-11-19 19:00
The Norwegian government is signing agreements with four developing countries in Baku through a new Article 6 financing initiative in support of the Nordic country’s national and UN climate targets.
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Farmers ‘betrayed’ by ministers, says union head before London protest

The Guardian - Tue, 2024-11-19 18:47

Proposed inheritance tax changes targeted by body for agricultural industry in England and Wales

The head of the farmers’ union has accused UK ministers of betraying the agricultural industry with changes to inheritance tax before a protest in Westminster.

Tom Bradshaw, the president of the NFU, told Sky News that the environment secretary, Steve Reed, promised a year ago that a future Labour government would not change the relief on inheritance tax for farmers.

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