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Colombian afforestation projects often use non-native species, unsuited ecosystems -study
A peer-reviewed study of dozens of afforestation, reforestation, and revegetation (ARR) projects in Colombia has found that while they have removed over 100 million tonnes of CO2, afforestation often uses non-native species or situates projects in ecologically inappropriate biomes. Read MoreTop
US ELECTION RESULTS: President Trump back in charge, climate action set for blow
Former President Donald Trump's re-election as US president is expected to likely usher in another era of loosening environmental standards in the US and a bigger step-back in climate action internationally – at a time when the Paris Agreement's 1.5C goal is slipping out of reach and emissions have yet to peak. Read MoreTop
President Trump's victory casts doubt over previous optimism for Article 6 progress in Baku
The victory of former President Donald Trump in the US election on Tuesday has cast doubt among observers and negotiators over whether progress is still feasible on Article 6 at COP29 in Baku despite the previous optimism. Read MoreTop
Reactions to President Donald Trump's 2024 US election win
Former President Donald Trump’s return to the White House following the 2024 US presidential election is seen as a setback for global efforts to tackle climate change, just days before the COP29 UN climate summit opens in Baku, Azerbaijan. Read MoreTop
UAE commits to near-50% emissions cuts in new UN national climate plan
The UAE has included steep emissions reduction levels in its third Nationally Determined Contribution (NDC), published Wednesday, pledging a 47% drop by 2035 compared to a 2019 baseline. Read MoreTop
INTERVIEW: Carbon markets could shore up finance for Africa, but not at $10/t -economist
The voluntary carbon market (VCM) offers an opportunity to raise climate finance in Africa, but more needs to be done to raise the price of carbon and quell the volatility in order to unlock value on the ground, according to a high-profile African economist and former minister. Read MoreTop
US-based carbon registry posts update to its methodology combatting ozone-depleting gases
A US-based carbon registry has posted changes to its methodology for earning voluntary carbon credits from transitioning to advanced refrigeration systems. Read MoreTop
UPDATE - Washington votes to retain state’s carbon market
Washington voters appear to have decided to retain the state’s cap-and-trade programme by rejecting a ballot measure that sought to dismantle it, preliminary election results showed. Read MoreTop
EU's new finance chief says she will stick with green agenda
The EU’s sustainable finance policy for the next five years will focus on implementing legislation agreed under the European Green Deal, said the EU’s commissioner-designate for financial services during a confirmation hearing on Wednesday. Read MoreTop
BRIEFING: UK agriculture must rethink land use balance to meet net zero, weather global shocks
Big changes are needed in the UK’s agri-food system to reach net zero emissions and improve resilience to global shocks, including on carbon audits and reducing livestock numbers. Read MoreTop
Euro Markets: EUAs drop for fifth time in six days despite afternoon rally as market digests US election result
European carbon prices fell for the fifth time in the last six days on Wednesday as early selling across energy markets on the back of the US election outcome gave way to a general afternoon rally, after positioning data showed investment funds had cut their bearish bets on carbon to the lowest in nine weeks. Read MoreTop
New GCF policy to channel ‘hundreds of millions’ into REDD+
The Green Climate Fund’s (GCF) recently adopted policy on REDD+ results-based payments could drive "hundreds of millions" to developing nations, the organisation said this week. Read MoreTop
Indian carbon project developer taps into the US market, targets aviation sector
An India-based carbon credit developer and supplier has teamed up with a local partner to tap into the US market, targeting potential clients from the aviation sector. Read MoreTop
London Underground air to heat UK capital, save emissions in £1-bln scheme
Warm air from the London Underground could be used to heat homes in the heart of the UK capital in a new £1 billion scheme that is expected to create 500 jobs and save 75,000 tonnes of CO2 every year. Read MoreTop