G7 confirms commitment to end coal power by 2035, amid steps to help shift away from fossil fuels
G7 ministers confirmed their commitment to phase out unabated coal power generation by 2035, in a joint statement on Tuesday setting out how they intend to support and lead the global agreement to transition away from fossil fuels and scale up clean energy.
Read MoreBRIEFING: Fourth round of UN plastic talks closes amid disappointment due to insufficient progress
The latest round of negotiations on the UN plastic treaty wrapped up on Monday with shy steps forward on the draft text, due to be finalised by the end of the year, though observers levelled criticism over the lack of progress on production cuts and funding mechanisms.
Read MoreMalawi, battling extreme poverty and debt, turns to carbon markets to secure forex reserves
One of the world’s poorest, most indebted, and most climate-vulnerable countries is turning to carbon markets to secure foreign exchange reserves, as countries prepare to debate a new climate finance target amid crushing debt burdens at the COP29 UN climate conference this autumn.
Read MoreEU Commission calls out two member states for insufficient climate plans
The European Commission has called on two EU states to raise their climate ambitions in line with the agreed targets for 2030, in an assessment of the draft updated National Energy and Climate Plans (NECPs) published on Friday.
Read MoreG7 nations agree to phase out domestic coal by 2035
Ministers from the G7 nations agreed on Monday to shut down coal plants by 2035, British Minister for Renewable and Nuclear Energy Andrew Bowie said following a meeting in Italy.
Read MoreLATAM Roundup: Latin America’s compliance carbon systems integrate with voluntary market, pursue growth
Carbon Pulse rounds up recent developments in compliance carbon systems within the Latin America and Caribbean region, taking a look at Brazil’s stabilising market for emissions reductions credits from biofuels after a year of rising prices, and summarising the carbon tax regimes that accept offsets.
Read MoreTaliban joins UN climate change talks for the first time
The Taliban government in Afghanistan has entered the first stage of discussions with the UN, donors, NGOs, and other stakeholders to understand the impact of climate change on the Central Asian nation.
Read MoreEU Parliament gives blessing to ETS-funded Net-Zero Industry Act
The European Parliament gave its blessing on Thursday to plans aimed at producing 40% of the bloc’s annual needs for net-zero technologies domestically by 2030, thanks to funds partially coming from emissions trading revenues.
Read MorePublic prefers nature-based to engineered carbon removals, study finds
Carbon removals based on nature-based solutions are generally preferred to engineered approaches amongst the general public in 22 countries, according to a study published on Wednesday.
Read MoreIndonesia looks to incorporate blue carbon in second NDC, ministry official says
Indonesia has begun preparing its second Nationally Determined Contribution (NDC) to submit to UNFCCC, the government announced in a press conference this week, adding that it would seek to incorporate the marine sector, with a focus on managing coastal and marine ecosystems.
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