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Over half of ARB-approved US forest offset land at moderate to very high risk from wildfires -report

Carbon Pulse - Wed, 2024-05-15 08:16
Nearly 3 million acres (1.2 mln hectares) of land involved in the California ARB forest carbon offset programme lies in areas at moderate to very high risk from wildfires, potentially endangering millions of tonnes of stored CO2, according to a report published Monday.
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Cash flow squeeze clips major voluntary carbon project developer for second time

Carbon Pulse - Wed, 2024-05-15 07:59
A major voluntary carbon project developer and trader was forced to temporarily defer wages amid another cash flow squeeze, it told Carbon Pulse Tuesday, highlighting the current dire market situation.
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‘Impossible’ heatwave struck Philippines in April, scientists find

The Guardian - Wed, 2024-05-15 07:00

Human-caused climate crisis brought soaring temperatures across Asia, from Gaza to Delhi to Manila

The record-breaking heatwave that scorched the Philippines in April would have been impossible without the climate crisis, scientists have found. Searing heat above 40C (104F) struck across Asia in April, causing deaths, water shortages, crop losses and widespread school closures.

The extreme heat was made 45 times more likely in India and five times more likely in Israel and Palestine, the study found. The scientists said the high temperatures compounded the already dire humanitarian crisis in Gaza, where displaced people are living in overcrowded shelters with little access to water.

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Green industry yes, conservation no: a budget for people, not for nature

The Conversation - Wed, 2024-05-15 06:11
What’s in the budget for the environment? Lots for green industry, little for conservation Timothy Neal, Senior lecturer in Economics / Institute for Climate Risk and Response, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.
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Enhanced risk management solutions with carbon credit insurance cover unveiled in new ClearBlue-Kita partnership

Carbon Pulse - Wed, 2024-05-15 04:13
ClearBlue Markets and Kita have formed a partnership aimed at enhancing the voluntary carbon market (VCM) by offering improved data accuracy, risk mitigation, and transparency in credit transactions.
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UK is failing to put climate crisis at centre of national security measures, MPs told

The Guardian - Wed, 2024-05-15 03:37

Experts say changing climate is ‘threat multiplier’ and that US and Germany already include it in planning

The US, Germany and other countries are putting the climate crisis at the heart of their national security plans but the UK is failing to do likewise, experts have told the government.

Extreme weather and heat are killing increasing numbers of people, damaging economies and forcing millions around the world to flee their homes, adding to an already unstable geopolitical situation, MPs were told on Tuesday at a select committee hearing.

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Financial services companies pilot tokenised carbon credit transactions in Hong Kong

Carbon Pulse - Wed, 2024-05-15 03:31
A group of financial service companies has successfully completed a proof-of-concept (POC) pilot in Hong Kong that explored the operational and risk management benefits of tokenised deposits to facilitate the settlement of tokenised carbon credit transactions.
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Sunak’s food security plan fails to fix immediate problems, says farming chief

The Guardian - Wed, 2024-05-15 03:30

National Farmers’ Union president warns food production is likely to drop next year and says farmers need help right now

Rishi Sunak’s plan to improve the UK’s food security will not help build farmer’s confidence in the short-term, the head of the country’s biggest farming body has said.

Food production was likely to drop next year, said Tom Bradshaw, the president of the National Farmers’ Union, who warned that the prime minister’s plan, published during the UK’s second annual Farm to Fork summit, failed to give farmers the solutions they needed.

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UK energy company to build world’s first wood-powered cargo ship

Carbon Pulse - Wed, 2024-05-15 02:53
A British energy firm with ambitions to become a global player in bioenergy with carbon capture and storage (BECCS) has drawn up plans for the world’s first wood-powered cargo ship.
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Heat exposure of older people across world to double by 2050, finds study

The Guardian - Wed, 2024-05-15 02:48

Extra 270 million adults aged 69 or over will suffer dangerous heat levels of 37.5C amid global heating and ageing populations

The heat exposure of older people will at least double in all continents by 2050, according to a study that highlights the combined risk posed by a heating world and an ageing population.

Compared with today, there will be up to an extra 250 million people aged 69 or above who are exposed to dangerous levels of heat, defined as 37.5C. The paper warned this is likely to create biological and social vulnerability hotspots with increasing concentrations of older adults and high temperature extremes.

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CF TURKIYE: EU CBAM to drive Turkish decarbonisation, experts say

Carbon Pulse - Wed, 2024-05-15 02:32
The EU's Carbon Border Adjustment Mechanism (CBAM) should drive Turkiye's industries towards decarbonisation, providing incentives for emission reductions, experts said last week during a panel on the policy's impact on the MENA region.
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Ghana urges govts to rapidly develop policy frameworks for Article 6

Carbon Pulse - Wed, 2024-05-15 01:58
A key figure in the development of Ghana’s Article 6 policy framework has urged other countries to rapidly develop similar policies if they wish to capitalise on the opportunities of sovereign carbon trading.
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Business groups team up to develop CO2 pricing for building sector

Carbon Pulse - Wed, 2024-05-15 01:31
Large industry associations have announced a new taskforce to develop a comprehensive carbon pricing strategy for the real estate sector, along a whole value chain perspective.
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ANALYSIS – Cookstoves at a crossroads: Methodologies, media, lack of demand in focus at Paris summit

Carbon Pulse - Wed, 2024-05-15 01:11
Speakers and attendees at an international clean cooking summit in Paris on Tuesday highlighted the impact of the media on the voluntary carbon cookstoves sector, the optimism and challenges facing the rollout of new methodologies, and urged a focus on generating fresh credit demand to help address the surplus of units in the market.
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Last summer hottest in 2,000 years, ancient trees reveal

BBC - Wed, 2024-05-15 01:01
Clues hidden deep in their trunks shows just how unprecedented last year's heat was.
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AI cuts carbon capture and storage design time from 100 days to just one

Carbon Pulse - Wed, 2024-05-15 00:55
Artificial intelligence (AI) has been used to cut the design time for carbon capture and storage (CCS) from a typical length of 100 days to just one day.
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COP29 host expects parties to find “tangible” Article 6 outcome in Baku

Carbon Pulse - Wed, 2024-05-15 00:44
Ensuring a clear outcome on Article 6 will be a priority for Azerbaijan at the UN COP29 summit in November, the country's President-Designate told an international event in Paris on Tuesday.
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French company edges closer to issuing water credits

Carbon Pulse - Wed, 2024-05-15 00:42
A French environmental company has moved one step closer to issuing water credits, as its methodology has been validated by an independent verification body following the launch of a pilot in Mexico.
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Ecuador’s debt-for-nature swap still missing key policies, one year on, says NGO

Carbon Pulse - Tue, 2024-05-14 23:47
One year after Ecuador’s debt-for-nature swap — the world’s largest to date — there is still no evidence that the country has operating procedures in place to allocate funds or guide investment, according to a report released by a Latin American debt justice NGO this month.
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