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People still see climate risk as gradual. But what were once highly unlikely events are now more likely; and what were once inconceivable are now possible.

The post We’re thinking about climate risk the wrong way appeared first on RenewEconomy.

An Atlanta-based agtech startup is seeking to generate voluntary carbon credits through indoor hydroponic vertical farming, with funding from a $5 million US Department of Agriculture (USDA) grant.

A Candian subsidiary of a UK insurance multinational has provided C$6 million ($4.4 mln) to a non-profit towards the development of nature-based carbon projects and conservation efforts, it announced Wednesday.

Long-term nature-related risks could cost the UK economy up to £70 billion – or 3% of GDP – by the late 2020s due to a slowdown in growth, the Green Finance Institute (GFI) found in a “first of its kind” research published Thursday.

Policymakers should recognise and properly assess the economic risks posed by ecosystem 'tipping points' (ETPs) in order to preserve global financial stability, according to researchers.

California regulator ARB issued the smallest number of compliance-grade offsets in almost two years, but maintained its year-to-date totals above 2023 levels, data published Wednesday showed.

The more plastic, the more waste we produce. It sounds simple, but this discovery could help us find ways of ending plastic pollution. Kathryn Willis, Postdoctoral Researcher, CSIRO Britta Denise Hardesty, Senior Principal Research Scientist, Oceans and Atmosphere, CSIRO Katie Conlon, Ph.D., Researcher, Portland State University Win Cowger, Research Director, Moore Institute for Plastic Pollution Research, University of California, Riverside Licensed as Creative Commons – attribution, no derivatives.

Peru is promoting initiatives to crack down on over-crediting and protect the reputation of Amazonian carbon credits, but industry pushback to reforms linked to Verra, and falling issuances, raise questions about how feasible the voluntary carbon market (VCM) overhaul is in practice.

The European Parliament gave its green light on Wednesday to review the EU's agriculture rules, in a dramatic political U-turn that will weaken requirements for climate action and nature protection.

The US Department of Energy (DOE) on Wednesday announced funding worth over $23 million for two projects that will assess the feasibility of carbon capture and storage (CSS) for enhanced oil recovery (EOR).

Verra has yet to decide the best way to achieve full eligibility under Phase 1 of CORSIA, the standards body revealed Wednesday, a month after it was denied full approval under the UN's aviation emissions offsetting scheme.

Study confirms Philip Morris International, Danone, Nestlé, PepsiCo and Coca-Cola are worst offenders

Fewer than 60 multinationals are responsible for more than half of the world’s plastic pollution, with five responsible for a quarter of that, based on the findings of a piece of research published on Wednesday.

The researchers concluded that for every percentage increase in plastic produced, there was an equivalent increase in plastic pollution in the environment.

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New voluntary carbon market (VCM) demand drivers and increasingly mature de-risking measures are poised to scale the VCM but need more traction, according to a panel of industry experts speaking Wednesday.

Campaigners fear growth duty will hamper water regulator’s ability to crack down on companies in poor financial state

The Conservatives have pushed through a duty on the water regulator to prioritise growth, which experts have said will incentivise water companies to value their bottom lines over reducing sewage pollution.

Campaigners fear this will weaken Ofwat’s ability to crack down on water companies as it may force the regulator to consider the company’s financial situation and the impact on growth if it is heavily fined for polluting.

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Members of the European Parliament made one last rallying cry to salvage the Green Deal this week, as the bloc’s flagship climate neutrality programme faces an uncertain future with the prospect of a larger far-right presence following upcoming EU elections.

A carbon offset buyer platform will offer a portfolio of credits vetted by a ratings agency to be “highly-rated” as part of a newly formed partnership announced Wednesday.

The European Parliament gave its final green light on Tuesday to new ecodesign rules that will make it mandatory for companies to track and report about the carbon content of products placed on the EU market, alongside a range of other environmental footprint indicators.

The European Parliament approved sweeping new rules on Wednesday that will oblige companies to mitigate their negative impacts on human rights and the environment and adopt energy transition plans.

Soil carbon prices in India will need to increase by 60% to encourage wider adoption of conservation agriculture for carbon credit generation in India under Verra's VM0042 methodology, a study published this week in the journal Nature suggests.

The EU Parliament has voted in favour of the EU ratification of the UN’s Biodiversity Beyond National Jurisdictions (BBNJ) treaty during a plenary on Wednesday, paving the way for member states to move their national processes along swiftly.