UNFCCC unveils template documents to help developers of Article 6 carbon projects
The United Nations Framework Convention on Climate Change (UNFCCC) has published a set of templates to guide project developers wishing to engage with the Paris Agreement Crediting Mechanism (PACM) under Article 6.4 of the Paris Agreement.
Read MoreIreland must cut emissions 6.3% per year by 2040 to meet targets, advisors say
Ireland must cut greenhouse gas emissions by 6.3% annually in the next 15 years under a new carbon budget proposal from the country’s independent advisory body on climate change.
Read MoreUS projects target direct air capture development, biogas carbon credits
A direct air capture (DAC) developer is set to launch a pilot plant in New Mexico, while a renewable fuels producer has signed an agreement to generate biogas carbon credits, according to announcements made Thursday.
Read MoreNew geothermal technology could advance US zero-carbon power goals -report
Emerging geothermal methods could play an important role in achieving a zero-carbon electricity grid in the US, according to recent analysis by a global non-profit.
Read MoreEU funds misaligned on net zero claims despite ESG labels -report
Nearly 90% of EU funds using ESG or climate-related names are misaligned with the path to net zero emissions, and many rely on fossil fuel investments, according to a study released on Thursday.
Read MoreFrontier launches rock deposit challenge to advance carbon removal research
Buyers club Frontier will offer grants to support the identification of reactive rock deposits suitable for carbon removal (CDR) projects.
Read MoreCDR funding platform lands $5 mln from Salesforce
A Stockholm-based climate funding platform has secured $5 million from US software giant Salesforce to scale early-stage carbon removal funding, the company announced on Wednesday.
Read MoreMost UK exports go to nations with net zero targets -report
The vast majority of UK exports are directed to countries with net zero targets, according to a new analysis released on Wednesday.
Read MoreScientists urge EU to ban solar geoengineering, amid environmental risks
Scientists have called for a Europe-wide moratorium on the solar radiation modification (SRM) technologies, citing high environmental and food security risks, uncertain benefits, and the absence of a global governance framework.
Read MoreBalancing power generation technologies could save €65 trillion by 2050, cut carbon by 21% -report
The deployment of balancing power generation technologies such as flexible gas-fired plants and energy storage, alongside renewables, could slash cumulative power system costs by €65 trillion and cut carbon emissions by 21% by 2050, according to a new report.
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