INTERVIEW: New Climate Label certification could raise almost $7 mln annually for carbon credits
A new certification requiring consumer brands to set a $15/tonne internal carbon fee could raise $6.75 million this year to be spent on carbon credits, if the companies signed up so far maximise the full potential of offsetting available to them.
Read MoreBRIEFING: Pre-arranged finance for disaster response is key to climate resilience, say experts
Anticipating climate crises before they happen and pre-arranging finance for disaster response will lessen the economic impact and improve the ability to respond to the effects of climate change in a fair and equitable manner, experts have said.
Read MoreLarge areas of UK peatlands at threat of disappearing due to climate change -report
Vast swathes of UK peatlands are likely to be unsuitable for peat accumulation in less than 40 years’ time due to climate change, with the Flow Country, Dartmoor, and the Peak District particularly at risk, a new study has found.
Read MoreSwitzerland sets new NDC with 65% emissions reduction, rejects climate fund initiative
Switzerland has approved a new emissions reduction target under the Paris Agreement, which has been criticised for not going far enough and relying too much on international carbon credits, while the government has also rejected a proposed new climate fund.
Read MoreGermany’s industrial powerhouse has strong potential for low-cost CDR -report
Residual emissions across Germany will amount to at least 55 million tonnes of CO2 equivalent in 2045, with strong potential for relatively inexpensive CO2 removal from industry in the North Rhine-Westphalia region, according to a new report.
Read MoreOne-third of largest food companies fail to disclose fertiliser environmental risks -report
Analysis of 45 of the world’s largest food companies, worth a combined $2.6 trillion, has found that one-third fail to acknowledge the significant environmental and financial risks of fertiliser use, according to a report by a think tank published Wednesday.
Read MoreFEATURE: DAC startups seek to stand out by offering added benefits of water, electricity production
A couple of early-stage direct air capture startups seek to stand out from the pack by offering the added benefits of generating electricity in one case, and water in the other, alongside capturing CO2 from the air.
Read MoreDAC developer signs agreement with Shell, Mitsubishi for facility in Louisiana
A developer of direct air capture (DAC) technology has signed an agreement with Shell US Gas and Power and the American arm of Mitsubishi Corp. to act as a key technology provider for the Pelican – Gulf Coast Carbon Removal DAC Hub in Louisiana.
Read MorePricing carbon internally is key for corporate climate leadership, says non-profit
Using an internal carbon price is one of the four key levers that companies must pull in order to be a climate leader, although only 41% of corporate frontrunners are doing so thus far, said a non-profit during the World Economic Forum in Davos.
Read MoreBank of England calls for simplification of climate requirements in bid to spur growth
The Bank of England’s Prudential Regulation Authority (PRA) has suggested “there is scope to rationalise” and simplify the climate regulation facing UK financial services in a bid to boost economic growth, in a recent letter sent to Westminster.
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