Danish ministerial aims to rekindle political interest in UN climate talks
A Danish ministerial event taking place next week aims to rekindle political interest in the UN climate change negotiations, with a heavy agenda expected over the next nine months for global governments ahead of the COP28 climate talks in the UAE.
Read MoreANALYSIS: US bank collapse may signal increased role for government-led green banks
The collapse of the Silicon Valley Bank (SVB) could spark fresh enthusiasm for publicly-funded green banks that help propel nascent clean technology firms, with these types of set-ups continuing to evolve globally and due shortly to get a foothold in the US.
Read MoreMicrosoft invests in marine geoengineering project to support carbon negative pledge
Technology giant Microsoft announced plans to invest in a marine geoengineering project that aims to enhance the ocean’s ability to remove carbon from the atmosphere with long-lasting storage at deep ocean depths.
Read MoreANALYSIS: All sources of demand welcome to help build biodiversity market –experts
Leveraging demand from regulatory compliance may be key to building a robust market for biodiversity credits, some experts have said, pointing towards the potential for a softening divide between voluntary- and compliance-driven approaches.
Read MoreNo silver bullet for decarbonising industry, global modelling work suggests
Industrial greenhouse gas emissions are projected to rise globally by 2050 without additional government interventions, according to modelling analysis published Thursday, but mid-century decarbonisation is still technologically possible even as this becomes more costly as fossil-powered facilities continue to be built.
Read MoreFEATURE: Scientists push for more geoengineering testing as first “carbon cooling” credits emerge
Scientists are calling for increased research and governance into solar geoengineering as the controversial practice may be deployed to help curb warming amid accelerating climate change, cautioning against the current free-for-all that has resulted in the first privately-funded “carbon cooling” credits.
Read MoreNew partnerships expand modular carbon capture technology, as US govt announces new investments
The race to scale modular carbon capture is hotting up, with two separate announcements on Thursday seeing companies joining forces to scale technologies, with one such partnership actively targeting cost cutting and start-small options to help spur interest from small- and medium-sized industries.
Read MoreUK announces further support to subdue industry’s electricity costs
The UK government announced on Thursday its intentions to further reduce electricity-related costs for certain domestic industries, aiming to level the playing field with foreign competitors, but raising questions related to how short-term relief squares with longer-term decarbonisation objectives.
Read MoreUAE project developers gear up for expansion pitch ahead of COP28
Months-old companies based in the United Arab Emirates (UAE) are aiming to bolster their own type of carbon crediting projects on the African continent, hoping to gain momentum for their initiatives as all eyes turn to their country’s role as the hosts of this year’s COP28 UN climate talks.
Read MoreINTERVIEW: Verra boss vows to keep open mind for credit standard’s extensive revamp
Upcoming changes to the world’s largest voluntary carbon crediting programme promise to look broader and deeper than simple tweaks to methodologies, according to the organisation’s CEO David Antonioli, pointing to past trends that have seen more fundamental shifts in the standard.
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