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Definitions changing in UK’s bid to meet climate finance target
Andrew Mitchell, the development minister, said ‘clarifications’ would more accurately reflect spending
The UK is making a series of changes to definitions as a way to meet its target to spend £11.6bn over five years in the developing world to help combat the climate crisis, Andrew Mitchell, the development minister, has said.
Rich countries have long promised to provide finance – in the form of loans or cash – to help poor countries cut greenhouse gas emissions and cope with the impacts of the climate crisis. However, leaks in the summer showed UK ministers were warned they were massively off track to meet their targets and could only do so by raiding the aid budget.
Continue reading...Canadian carbon capture firm partners with British tech company for CCUS project development
Indian carbon market to cover just 15% of the country’s GHG emissions by 2030
Greta Thunberg arrested at London oil summit protest
Climate activist taken away by Met police after protesters denounce meeting of fossil fuel executives and ministers
Greta Thunberg was arrested after joining hundreds of protesters who gathered at a five-star hotel in London on Tuesday morning to denounce a meeting branded “the Oscars of oil”.
Footage showed the Swedish climate activist being bundled into the back of a van by police after taking part in protests blocking the entrances of the InterContinental Park Lane, the venue for the Energy Intelligence Forum (EIF), which brings together fossil fuel executives and government ministers.
Continue reading...Oman to plant mangroves for carbon credits and other economic benefits
India, UK among just a handful of major nations on track to meet “fair share” Paris goals -report
Euro Markets: Midday Update
IUCN outlines new plan to tackle global species decline
Zambia advances on international carbon trading with strengthened Article 6 framework
Malaysian shipbuilder debuts new form of oil ship CCS
South Korea seeking two additional market makers for domestic ETS
Low-cost renewables will help nations win the green steel race -paper
IEA says massive grid expansion needed to avoid gridlock in switch to green energy
Fridlock: IEA says 1,500 GW of new renewable energy projects are queued up waiting for a connection to the grid.
The post IEA says massive grid expansion needed to avoid gridlock in switch to green energy appeared first on RenewEconomy.
Roland Berger teams up with Swiss non-profit in design of global voluntary recycling credit
Korean project developer to promote microbial materials for tree plantation, generate carbon credits
Australia commits A$25 mln to conservation on private land, plans on environmental reform “lock-up”
FEATURE: Cargo shippers driven to cut emissions see value of having the wind in their sails
Plymouth to replace felled trees that helped bring down Tory council
Exclusive: Plans to plant 202 new trees and create ‘play village’ for children in salvaged city centre scheme
The more than 100 trees in the centre of Plymouth, whose overnight felling helped bring down the Conservative council, are to be replaced with almost double the number.
Council leaders are releasing plans to regenerate Armada Way in the city centre, planting 202 new trees and creating a large children’s play area the size of five tennis courts.
Continue reading...Global electricity grid must be upgraded urgently to hit climate goals, says IEA
Investment needs to double to more than $600bn a year by 2030 after ‘decade of stagnation’, says agency
Ministers have been urged to “open their eyes” to the need to build a vast network of new electricity grids to allow countries to hit climate goals, the chief of the world’s energy watchdog has said.
Fatih Birol, the executive director of the International Energy Agency (IEA), has warned that the equivalent of the entire global electricity grid – 80m km of grid – needs to be added or refurbished by 2040 to hit climate targets and ensure reliable power supplies.
Continue reading...If the first solar entrepreneur hadn’t been kidnapped, would coal have been king?
As the argument goes, we owe fossil fuels for supercharging development. But what if there was a viable alternative, sabotaged by fossil interests from its very inception?
The post If the first solar entrepreneur hadn’t been kidnapped, would coal have been king? appeared first on RenewEconomy.