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- Tue 00:01Two UK-based investment advisory and management firms have merged to accelerate investment in large-scale nature restoration projects across the Global South, they said on Tuesday.
- Mon 22:15RGGI Allowance (RGA) futures dropped below the $40 mark on Monday following Friday's plunge after the release of Q2 auction results at the lower end of expectations and participating states saying they intend to begin a processing to consider "targeted measures" to address affordability.
- Mon 22:12Day one of the Bonn intersessional (SB64) UN climate summit saw parties avoid major disputes over the agenda and resist the urge to reopen old negotiations, refocusing on implementation – though the COP31 co-presidents appeared to skate around transition away from fossil fuels.
- Mon 21:47The past month in climate litigation highlighted a widening divide between international and domestic climate law, as the former increasingly affirms that governments have an obligation to address climate change, while the latter are moving in the opposite direction, restricting avenues for relief against fossil fuel producers and high-emitting industries.
- Mon 18:38A carbon removal registry and standards developer has launched a public consultation on a new framework designed to quantify CO2 removal from enhanced weathering projects using a combination of field measurements and predictive models.
- Mon 16:51Premiums for insuring the carbon market could reach at least $1.8 billion by 2030 and up to $30 bln by 2050, claims a report.
- Mon 16:47Dimming the sun could soon move from theoretical science into mainstream political debate as the world seeks to combat the expected overshooting of the Paris Agreement's 1.5C warming goal – but the risks of rollout remain significant due to unintended consequences or misuse of the technology, experts say.
- Mon 16:25CORSIA futures stabilised after months of price declines, with benchmark contracts on ICE holding around the $10 per tonne mark last week as selling pressure appears to be easing, as participants appeared to have found on a floor amid demand uncertainty.
- Mon 16:02A planned coal-fired power and carbon capture (CCUS) project in West Virginia has been selected for up to $18.5 million in US DOE funding to support early-stage development.
- Mon 15:40The three UN negotiating blocs comprising mostly wealthy countries are collectively on track to fall short of their emission reduction pledges in the next decade, with emissions set to exceed the 2035 targets by nearly 20%, according to a study published on Monday.
- Mon 15:13Large-scale deployment of CO2 removal technologies could substantially reduce the cost of reaching net zero emissions in the US and generate trillions of dollars in revenues for project developers, but may also lead to worse air quality outcomes than pathways that rely more heavily on direct emissions cuts, according to a new study.
- Mexican authorities are still negotiating core elements of the country’s emissions trading system (ETS) ahead of the envisioned start of its operational phase, an official told attendees at the Latin America Climate Summit (LACS) recently.
- Mon 12:42Airlines may need an easier climate target because “hope was fading fast” of meeting the net zero 2050 goal, an industry body has warned.
- Mon 08:32UN observers anticipate that already-agreed initiatives, or ones conceived in parallel to formal COP negotiations, will shape the SB64 climate talks in Bonn this week and next – and that forward momentum on these fronts could itself be a determinant of the summit’s success.
