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The executive secretary of the Convention on Biological Diversity (CBD) has urged countries to accelerate efforts towards the Global Biodiversity Framework (GBF) targets, as implementation talks begin in Colombia shortly before COP16.

The European Commission has clarified its rules for extending its monitoring, reporting, and verification system to greenhouse gas emissions from offshore vessels, slightly broadening the list of ships considered to be offshore.

The research could also be used to produce artificial skin for transplantation and prevent scarring.

The research could also be used to produce artificial skin for transplantation and prevent scarring.

Carbon removals (CDRs) from bioethanol plants in the US Midwest are to be made available to European companies seeking to achieve net zero emissions under a new deal between the project developer and an environmental markets risk management company, they told Carbon Pulse.

A Swedish clean energy tech firm has raised €63 million to accelerate residential heating electrification and drive decarbonisation across Europe, the company announced on Wednesday.

A Munich-headquartered wildfire monitoring company has raised €25 million in a Series B funding round, the company announced on Tuesday.

The European Commission’s plan to create a ‘You Collect, We Buy’ platform for the joint purchasing of gas and hydrogen should drive up demand for lower emissions fuel around the EU - and support the bloc’s efforts to tackle methane, according to a Brussels official. 

Long-awaited agreement on Article 6 of the Paris Agreement, which governs UN carbon crediting and international mitigation outcome trade, could be finalised by end of the first week at COP29, according to EU sources.

A Kenya-headquartered carbon removal company has launched a new biochar solution that aims to sequester carbon, improve food security, and create jobs for women, it announced this week.

Low-emissions technology, both new renewables and recently resurgent nuclear, will generate half the world's power demand by 2030, yet without investment in electricity grids in particular, global warming is headed for 2.4C above pre-industrial temperatures by the end of the century, according to the International Energy Agency's (IEA's) World Energy Outlook (WEO) on Wednesday. 

European carbon prices continued to track the TTF market on Wednesday morning, falling away as warmer temperatures dampened demand for gas and power, while weekly positioning data showed investment funds marginally trimmed their bearish bets last week.

Exclusive: proposal to Cop16 could see ‘funga’ get global legal consideration distinct from flora and fauna

A new era of mycelial conservation could begin this month when the UK and Chile propose that fungi should be placed alongside animals and plants as a separate realm for environmental protection.

Mushrooms, mould, mildew, yeast and lichen would all receive elevated status under the plan, which will be submitted to the UN convention on biological diversity (CBD) during the Cop16 meeting in Cali, Colombia, which opens on 21 October.

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Marine scientists have urged governments at the upcoming biodiversity COP16 to ramp up funding for research for ocean acidification (OA) to avoid disaster, in a report published on Wednesday.

South Korea’s latest monthly CO2 permit auction was again oversubscribed, with analysts expecting allowance prices to remain stable around the 10,000 won ($7.35) level in the near term.

A Brazilian Indigenous association has released a methodology to issue biodiversity units in partnership with a carbon project developer and a US-based non-profit, planning to soon launch the first pilot across almost 190,000 hectares of forest in the Amazon, the parties announced on Wednesday.

A carbon removal buyers club has signed a deal with an enhanced rock weathering (ERW) company, adding credits from Asia to its portfolio for the first time at an average price of $200 per tonne.

The Global Green Growth Institute (GGGI) has launched a facility to support scaling of international carbon trading under Article 6 of the Paris Agreement and catalyse up to $500 million solely for the transactions of Internationally Transferred Mitigation Outcomes (ITMOs) by 2030, it announced Wednesday.

Tech barons are forever predicting some amazing new technology to fix the climate crisis. Yet fixes already exist

There are so many ways to fiddle while Rome burns, or as this season’s weather would have it, gets torn apart by hurricanes and tornadoes and also goes underwater – and, in other places, burns. One particularly pernicious way comes from the men in love with big tech, who are forever insisting that we need some amazing new technology to solve our problems, be it geoengineering, carbon sequestration or fusion – but wait, it gets worse.

At an artificial intelligence conference in Washington DC, the former Google CEO Eric Schmidt recently claimed that “[w]e’re not going to hit the climate goals anyway because we’re not organized to do it” and that we should just plunge ahead with AI, which is so huge an energy hog it’s prompted a number of tech companies to abandon their climate goals. Schmidt then threw out the farfetched notion that we should go all in on AI because maybe AI will somehow, maybe, eventually know how to “solve” climate, saying: “I’d rather bet on AI solving the problem than constraining it.”

Rebecca Solnit is a Guardian US columnist. She is the author of Orwell’s Roses and co-editor with Thelma Young Lutunatabua of the climate anthology Not Too Late: Changing the Climate Story from Despair to Possibility

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The Asia Pacific region will need energy sector investments of around $89 trillion from now to 2050 to achieve net zero by mid century, according to a report released Wednesday.