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UK-backed nature fund “unaffected” by Federated Hermes withdrawal

Carbon Pulse - Wed, 2024-11-20 22:27
The government-backed UK Nature Impact Fund remains optimistic about its future, with an associated accelerator programme hoping to announce new funding, following the withdrawal of partner investment manager Federated Hermes.
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Patches of wildflowers in cities can be just as good for insects as natural meadows – study

The Guardian - Wed, 2024-11-20 20:32

Researchers found no difference in the diversity of species in urban meadows compared with those in rural settings

Small patches of wildflowers sown in cities can be a good substitute for a natural meadow, according to a study which showed butterflies, bees and hoverflies like them just as much.

Councils are increasingly making space for wildflower meadows in cities in a bid to tackle insect decline, but their role in helping pollinating insects was unclear. Researchers working in the Polish city of Warsaw wanted to find out if these efforts were producing good results.

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COP29: GGGI to support Uzbekistan promote carbon markets, implement Article 6

Carbon Pulse - Wed, 2024-11-20 20:11
The Global Green Growth Institute (GGGI) has signed an agreement with Uzbekistan at COP29 in Baku, to promote carbon markets and support the implementation of Article 6 under the Paris Agreement.
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Bali plastic recycling scheme swamped with garbage

The Guardian - Wed, 2024-11-20 20:00

Scheme has collected a fraction of the waste it set out to handle and is struggling with broken machinery and poor finances

The Alliance to End Plastic Waste (AEPW) makes high-profile claims about the projects around the world it supports in the pursuit of clearing up plastic waste leaching into the environment.

It works with partner organisations in developing countries to support community initiatives to collect and recycle plastic waste.

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COP29: US foundation invests $10.9 mln in African energy transition solutions

Carbon Pulse - Wed, 2024-11-20 19:46
A US philanthropic foundation will invest $10.9 million to advance African-led clean energy solutions, the organisation announced at COP29.
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Brazil’s lower chamber reapproves landmark national cap-and-trade legislation, sends to President Lula for signing

Carbon Pulse - Wed, 2024-11-20 19:43
Brazil's Chamber of Deputies passed on Tuesday evening landmark legislation to establish a nationwide ETS, as the historic proposal for what would be the largest compliance carbon market in Latin America rolls onwards towards full approval.
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Australia releases updated environmental plantings method

Carbon Pulse - Wed, 2024-11-20 19:34
Australia on Wednesday released the updated method for generating carbon credits from environmental plantings, replacing the previous version that expired in September.
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French bank launches sustainable forest fund with carbon data a key focus

Carbon Pulse - Wed, 2024-11-20 19:03
A French bank has launched a sustainable forestry fund that will collect in-depth carbon data, saying this will give it a competitive advantage as companies up the value chain prepare to comply with EU reporting obligations.
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UK failing animals with just one welfare inspector for every 878 farms – report

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

Only 2.5% of more than 300,000 farms were inspected at least once in 2022 and 2023, researchers find

There is just one local authority inspector for every 878 farms in England, Scotland and Wales, according to a report, which says that the current welfare system is continuing to fail animals.

Researchers for the Animal Law Foundation found that only 2.5% of the more than 300,000 UK farms were inspected at least once in 2022 and 2023, a marginal decrease from 2018-21 when Covid-19 might be expected to have affected inspection rates.

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Japan to release policy draft on domestic carbon market soon -media

Carbon Pulse - Wed, 2024-11-20 18:35
The Japanese government is expected to soon release draft regulations for its planned emissions trading scheme, requiring hundreds of domestic emitters to participate in the programme, according to domestic media reports.
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Cop29 live: negotiators work around clock as summit builds towards climax

The Guardian - Wed, 2024-11-20 18:20

Day nine of the climate summit in Baku, Azerbaijan, with progress slow for negotiators

Activists have been out at the conference in Baku this morning trying to put pressure on negotiators to agree a deal on climate finance.

Alliance of Champions calls on governments and financial institutions at COP29 to prioritise climate finance for food systems

In Brazil, a National Program for Productive Forests (Programa Nacional de Florestas Produtivas) to promote sustainable agroforestry practices, enhance food production, generate employment, and restore degraded areas. The program’s initial phase targets the state of Pará and supports Brazil’s wider commitments to restore 12 million hectares by 2030 and create up to 2.5 million jobs.

In Cambodia, the deployment of 1,600 agriculture officers in agricultural communes across the country, developing modern agricultural cooperatives to improve access to markets, capital and water, whilst also increasing the economic efficiency and sustainability of smallholders;

In Norway, an annual policy dialogue with farming unions to negotiate policy measures that are tailored to farmers’ needs, delivering a ‘bottom up’ participatory approach that is designed to deliver against the country’s national and international commitments;

In Rwanda, a commitment by 2030 to halve per capita food waste at the retail and consumer levels and to reduce food losses in farm production and along supply chains, including post-harvest losses.

In Sierra Leone, the implementation of the national flagship ‘Feed Salone’ strategy is sustainably driving local food production by making agriculture more competitive for investment, decreasing food imports and supporting smallholder farmers, especially women and youth.

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COP29: Roundup for Day 10 – Nov. 20

Carbon Pulse - Wed, 2024-11-20 16:49
It is Day 10 at COP29 in Baku - Urban and Transport Day. It is getting close to crunch time and parties will soon be expected to agree on key texts, or get stuck in a quagmire of debate that will drag negotiations into overtime. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (GMT+4).
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New Zealand seeks public feedback on 2035 NDC

Carbon Pulse - Wed, 2024-11-20 15:27
New Zealand's environment ministry is seeking comments on the country's 2035 international climate change target, as the government is set to finalise the latest Nationally Determined Contribution (NDC) in the coming months.
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Nebraska sues truck manufacturers for backing California’s EV rules

Carbon Pulse - Wed, 2024-11-20 12:37
Nebraska’s Attorney General (AG) alongside two industry groups on Tuesday filed an antitrust lawsuit against several US heavy-duty truck makers, alleging that their agreement with California to advance clean transition in the trucking sector is “nakedly anti-competitive”.
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PREVIEW: ARB’s ETS rulemaking delays recast WCI Q4 auction sentiment lower, outsized ACP positions skew expectations

Carbon Pulse - Wed, 2024-11-20 12:37
A larger cross-section of traders polled expect the last quarterly California-Quebec current vintage carbon allowance auction for 2024 to clear discounted to front-month California Carbon Allowance (CCA) prices after market sentiment soured with ARB delaying cap-and-trade regulatory updates, but unusual Auction Clearing Price (ACP) futures open interest (OI) could skew the outcome.
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Living in Delhi smog is like watching a dystopian film again and again

BBC - Wed, 2024-11-20 12:34
Toxic, deadly, poisonous - these words are back in the headlines as Delhi’s pollution spikes again.
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LCFS Market: California lawmaker seeks LCFS repeal citing impact on gas prices

Carbon Pulse - Wed, 2024-11-20 12:21
The Republican Minority Leader of the California state senate announced plans for new bills blocking ARB's Low Carbon Fuel Standard (LCFS) regulation on Tuesday, pointing to a new study that projected an increase in gas prices beginning 2025 due to recent regulations introduced in the state.
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