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Transition Plan Taskforce sees momentum in reporting and disclosure on climate, as it bids goodbye

Carbon Pulse - Fri, 2024-11-01 01:57
More companies than ever are disclosing their plans for transitioning to net zero emissions and aligning their strategies accordingly, with financial institutions increasingly using these plans to drive investment towards sustainable solutions, the Transition Plan Taskforce (TPT) found in its final report as it closed shop on Thursday.
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EU greenhouse gas emissions drop, next targets need to maintain momentum

Carbon Pulse - Fri, 2024-11-01 01:55
Emissions in the EU fell significantly in 2023, but clear and predictable policies are essential to maintaining momentum, according to two separate reports released on Tuesday. 
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Alliance of asset owners trims annual emissions and sets near-term targets

Carbon Pulse - Fri, 2024-11-01 01:26
An alliance of large asset owners committed to reaching net zero has so far cut emissions by an average 6% per year since launching, with most members setting decarbonisation targets for 2025 in line with the Paris Agreement goals, according to the group's latest progress report.
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Essex car park to be test case for legislation to protect landscapes

The Guardian - Fri, 2024-11-01 01:23

Campaigners say car park extension at Manningtree station inhibits access to Dedham Vale and threatens habitats

A commuter car park in Essex is to be one of the first test cases of whether the government will enforce new legislation aimed at protecting national parks and landscapes in England.

Dedham Vale is a designated “national landscape” on the border of Essex and Suffolk, home to increasingly rare species including hazel dormice and hedgehogs. Within it is Manningtree station, where the train operator Greater Anglia built an extension to the car park to cope with increased traffic.

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TotalEnergies sees direct emissions rise in third quarter

Carbon Pulse - Fri, 2024-11-01 01:10
TotalEnergies emitted more direct greenhouse gasses in the third quarter because of increasing gas-fired power plant use in the US and Europe, the energy company revealed Thursday.
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Rats trained to sniff out smuggled rhino horn and pangolin scales

The Guardian - Fri, 2024-11-01 01:09

African giant pouched rats trained to alert their handlers when they find illegally trafficked wildlife products

Rats could be the latest weapon deployed in the fight against endangered wildlife trafficking, according to a study of rodents trained to sniff out pangolin scales, rhino horns, elephant tusks and hardwood.

Researchers trained eight African giant pouched rats to sniff out the contraband, even when it was hidden among items commonly used to hide trafficked goods, including peanuts, leaves, wigs and washing powder.

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1.6C warming achievable with faster clean tech adoption, report says

Carbon Pulse - Fri, 2024-11-01 00:20
Limiting global warming to 1.6C will be a monumental task but achievable, as renewable capacity installations are smashing records and the costs of clean technologies are falling rapidly, according to an energy consulting firm.
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Green farming budget freeze 'will hit nature work'

BBC - Thu, 2024-10-31 23:47
Environmental groups warn that next year's farm payments budget will not be enough to protect nature.
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World Bank, IDB introduce guidelines for sustainable finance instruments in the Amazon

Carbon Pulse - Thu, 2024-10-31 23:17
The Inter-American Development Bank (IDB) and the World Bank on Oct. 29 announced new guidelines for Amazonia Bonds, a capital markets instrument aimed at financing projects that benefit biodiversity, local communities, and zero-deforestation initiatives across the Amazon.
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Shell trims investment in clean energy to 8% of spending budget

Carbon Pulse - Thu, 2024-10-31 22:25
Shell’s dash for gas reaped dividends in the third quarter, but a green activist shareholder group warned backtracking on renewable investments was jeopardising the future of the company.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-10-31 22:13
European carbon prices weakened on Thursday morning, dragged lower by falling natural gas and breaking below a key technical support mid-morning, as the market continued to occupy the €60-€68 range for a ninth week.
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Ella Kissi-Debrah’s mother to receive settlement over death linked to air pollution

The Guardian - Thu, 2024-10-31 20:35

UK government offers undisclosed sum in compensation to Rosamund Adoo-Kissi-Debrah for daughter’s untimely death

The mother of a nine-year-old girl who became the first person in the UK to have air pollution cited on their death certificate will receive an undisclosed settlement from the government in compensation for her daughter’s untimely death.

Settling a legal case, the Department for Environment, Food and Rural Affairs, the Department for Transport and the Department of Health and Social Care issued a statement expressing sincere condolences to the family of Ella Kissi-Debrah, from south-east London, who had a fatal asthma attack in 2013 after being exposed to excessive air pollution.

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PNG closer to carbon market, confirms COP29 boycott

Carbon Pulse - Thu, 2024-10-31 20:24
Papua New Guinea is closer to a carbon market but is waiting on a few key steps, a senior official said this week, as news comes the nation has confirmed it will boycott this year’s COP29 summit in Baku, Azerbaijan.
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Macao opens international carbon exchange

Carbon Pulse - Thu, 2024-10-31 17:45
Macao this week unveiled a voluntary carbon exchange backed by a leading Chinese private equity firm, which aims to help China link up with international markets.
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BRIEFING: Fate of Australia’s carbon market Safeguard Mechanism uncertain as elections near

Carbon Pulse - Thu, 2024-10-31 17:41
Australia's conservative Coalition party's failure to clarify its position on the Safeguard Mechanism and the lengthy development process of new Australian Carbon Credit Unit (ACCU) methods has created an air of uncertainty in the market, experts told Carbon Pulse this week.
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FII24: Carbon registries urged to integrate AI into methodologies

Carbon Pulse - Thu, 2024-10-31 17:06
Mainstream registries on the voluntary carbon market (VCM) should move more quickly on integrating AI into methodologies and monitoring systems in order to speed up their processes and ensure greater efficacy of their approaches, the CEO of a technology provider in the space has said. 
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Alarm grows over ‘disturbing’ lack of progress to save nature at Cop16

The Guardian - Thu, 2024-10-31 16:00

Fears raised that biodiversity summit not addressing countries’ failure to meet a single target to stem destruction of natural world

Governments risk another decade of failure on biodiversity loss, due to the slow implementation of an international agreement to halt the destruction of Earth’s ecosystems, experts have warned.

Less than two years ago, the world reached a historic agreement at the Cop15 summit in Montreal to stop the human-caused destruction of life on our planet. The deal included targets to protect 30% of the planet for nature by the end of the decade (30x30), reform $500bn (then £410bn) of environmentally damaging subsidies, and begin restoring 30% of the planet’s degraded ecosystems.

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Australia Market Roundup: State of the Climate report warns of increasing ocean temperatures, nearly 800,000 ACCUs issued

Carbon Pulse - Thu, 2024-10-31 15:58
The State of the Climate report shows Australia's average temperatures have already risen 1.5 C for the first time since records began, as the latest Clean Energy Regulator issuance saw an increase in Australian Carbon Credit Units (ACCUs).
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Beijing to auction off 1 mln carbon permits under local ETS as compliance deadline draws near

Carbon Pulse - Thu, 2024-10-31 15:39
The Beijing municipal government will auction one million carbon allowances under its pilot emissions trading scheme in November, with a price floor for the sale to be set later.
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COP29 at risk due to pro-fossil fuel agenda and corruption, global NGO says

Carbon Pulse - Thu, 2024-10-31 15:00
Hopes of tangible progress at the approaching UN climate summit COP29 in Baku, Azerbaijan, are at risk of being quashed by pro-fossil fuel interests and signs of government corruption, according to a report by Transparency International (TI) released Thursday.
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