Transparency gaps in carbon removal, forestry raise doubts over 2050 net zero targets -report
A lack of transparency in national climate strategies, particularly around the role of engineered carbon removal (CDR) and land-use, land-use change, and forestry (LULUCF), is raising doubts over the credibility of 2050 net zero targets, according to a report released over the weekend.
Read MoreBRIEFING: Carbon capture, a costly distraction to some, is the “revolutionary” answer to others
Depending on who you ask, carbon capture and storage (CCS) is either a decades-long failure and distraction from real emissions cuts, or the only viable solution for decarbonising hard-to-abate sectors like cement, and petrochemicals.
Read MoreBrazilian firms merge to expand NbS carbon offerings
An investment manager specialising in Brazilian farmland restoration and a Sao Paulo-based agroforestry consultancy have merged to expand their nature-based solutions (NbS) carbon offerings, local media reported this week.
Read MoreTurkiye sees renewables rise to record share, coal use remains highest in Europe -report
Despite a record 18% of Turkiye’s electricity coming from wind and solar in 2024, coal remained the dominant power source, making the country Europe’s largest coal-based electricity producer, a report released Wednesday has revealed.
Read MoreFunding barriers slow UK building sector decarbonisation efforts -report
Efforts to cut emissions from the UK’s building sector are being hampered by persistent funding gaps and fragmented policy, according to a new report.
Read MoreCarbon market players launch protocol to standardise credit data and governance
A group of 30 firms, non-profits, and public sector bodies on Tuesday launched a global initiative to create a protocol to standardise data definitions and rules for carbon crediting projects.
Read MoreDanish fund manager raises €12 bln for latest renewable energy fund
A Copenhagen-based investor has secured €12 billion for its largest renewable energy fund to date, it announced last Friday.
Read MoreMajor investment gap threatens buildings sector decarbonisation goals -report
While emissions from the buildings sector have stopped rising for the first time since 2020, a $1.1 trillion investment gap could derail global objectives to decarbonise the sector, according to a report released Monday.
Read MoreGlobal forum announces over $900 mln for clean energy transition initiatives
Governments and organisations at a global forum in Barbados last week committed more than $900 million to expand energy access and support the clean energy transition across Africa, Asia, and Latin America.
Read MoreSpanish airline partners with Google-backed DAC startup to explore CDR projects
A Spanish air carrier announced Thursday it has signed a two-year agreement with a Google-backed direct air capture (DAC) startup to explore carbon credits projects.
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