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- Thu 13:18A Bengaluru-based carbon registry and standard startup is looking to claw market share from established voluntary carbon standards by eliminating upfront costs for developers and targeting under-capitalised projects across the Global South.
- Thu 12:03Brazil has approved nearly all of its eligible Clean Development Mechanism (CDM) activities to transition to Paris-era carbon crediting, far more than any other country, as around 25% of all potential projects that could have moved to the new system secured government approval in time.
- Thu 11:48The first carbon credits approved for issuance under the Paris Agreement Crediting Mechanism (PACM) show that the UN's new system is improving the quality of legacy Clean Development Mechanism (CDM) projects through more conservative carbon accounting, but significant project-level risks remain, according to a new analysis.
- Thu 11:09Tripling global nuclear power capacity by 2050 will require a dramatic expansion of financing, skilled workers, manufacturing capacity, and government support, according to a new report published by the OECD's specialist nuclear energy agency (NEA).
- Thu 07:22Uninsurable - Climate change is making a growing number of assets too risky or expensive to insure, threatening the viability of traditional insurance models, Bloomberg reported, citing an executive at insurer Allianz SE. This is because more frequent heatwaves, floods, storms, and wildfires could render risk-based insurance unaffordable in some locations. The report added that insurers are raising premiums for climate-exposed assets, while some banks have started factoring physical climate risks into corporate lending.
