Caribbean and small island officials say COP30 outcomes fall short as recent disasters expose widening finance gap
Caribbean and small island representatives on Wednesday said that outcomes from COP30 remain insufficient to match the scale and speed of climate impacts already hitting vulnerable economies, arguing that finance access continues to lag despite new global pledges.
Read MoreCanadian regulators warn climate disclosure pause threatens competitiveness, firms urged to keep preparing
Canadian regulators and sustainability leaders on Tuesday said the pause on mandatory climate-risk disclosure is creating a competitiveness problem for domestic companies, urging firms to continue preparing for reporting requirements even as political and regulatory uncertainty persists.
Read MoreMining sector must tighten MRV, clarify liability to scale CDR -panellists
Mining companies and carbon removal (CDR) buyers warned on Tuesday that CDR projects at mine sites must overcome complex measurement, reporting, and verification (MRV) rules, policy gaps, and social-licence concerns as stakeholders push the technology toward billlion-tonne-scale deployment.
Read MoreBahamas secures $25-mln facility to launch national blue carbon fund
The Bahamas has closed a $25-million senior secured financing facility to capitalise its new sovereign blue carbon fund, advancing the country’s plan to commercialise marine-based mitigation outcomes, according to an announcement on Monday.
Read MoreVerra publishes final Peru deforestation risk maps, shifts timetable for remaining regions
Verra released on Monday the final allocated deforestation risk maps for Peru, clearing the way for project developers in the country to request activity data needed to register REDD+ projects under its VM0048 methodology and associated VM0055 module.
Read MoreCFTC: Producers, investors shed V25 CCA holdings into October
Both emitters and investors cut V25 California Carbon Allowance (CCA) net length in the futures and options market and added significant holdings in V26 CCAs through the Sep.24 – Oct.7 period, US Commodity Trading Futures Commission (CFTC) data published this week showed, the first since the agency’s resume of full operations.
Read MoreTrump administration alleges New York’s superfund law is unlawful, urges federal court to strike statute
The Trump administration on Wednesday urged a federal judge to invalidate New York’s Climate Change Superfund Act, alleging the state is attempting to hold fossil fuel companies liable for global GHG emissions under New York law in violation of federal authority.
Read MoreBC tightens rules in finalised refrigerants offset protocol
British Columbia has finalised a refrigerants offset protocol that tightens eligibility rules, clarifies hydrofluorocarbon (HFC) destruction requirements, and confirms conservative baseline assumptions, a move the province took after stakeholders raised technical and safety concerns during a consultation.
Read MoreUS clean energy, environment regulatory rollbacks put $153 bln in annual net benefits at risk -analysis
The environmental and energy regulations targeted for repeal by the Trump Administration since January carry $153.3 billion in annual net benefits that are now at risk, according to a new data tracker.
Read MoreDelaware court dismisses carbon credit case, sends to international arbitration
The Delaware Superior Court has dismissed a lawsuit between Anew Ventures II and two Terra Global affiliates, ruling that the dispute must be resolved through arbitration.
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