Climate finance won’t meet minimum needs until 2030s as growth rate slows, report warns
Global climate finance flows neared $2.1 trillion last year, but will not meet minimum requirements for mitigation until “well into” the 2030s, as the annual rate of acceleration has dropped significantly, a report warned on Tuesday.
Read MoreAustralian state seeking feedback on net-zero opportunities, barriers
The New South Wales Net Zero Commission (NZC) has issued a call for evidence to better understand the opportunities and barriers to decarbonisation in the state.
Read MoreIwi, climate activists lodge complaint with UN rapporteur over NZ plans to ban tort claims
A coalition of Iwi leaders, climate activists, and an environmental non-profit have lodged a complaint with the UN’s human rights and climate change rapporteur over a New Zealand government proposal to restrict climate-related tort claims.
Read MoreSB64: FEATURE – SIDS say mitigation finance, Article 6 must move from ambition to implementation at Bonn
Small island developing states (SIDS) want the Bonn climate talks to move mitigation finance and Article 6 support beyond discussions and towards practical access to concessional capital, project preparation support, and implementation pathways needed to meet finance-dependent climate targets, experts told Carbon Pulse.
Read MoreNGO lays out roadmap to boost tech-based CDR in the US, flags $5 bln in unspent federal funds
Increasing research and development, building out infrastructure, creating durable markets, and strengthening standards and measurement, monitoring, reporting, and verification could help tech-based carbon removals to scale in the US, according to a report from an NGO.
Read MoreRegistry becomes world’s first to require ratings, risk assessment for projects
Projects registered with the International Carbon Registry (ICR) will be required to include both a rating and a risk assessment – the first carbon registry to make such a move.
Read MoreNZ looking at potential NZ$6.6 bln spend to meet NDCs by 2035, says govt
New Zealand could face a bill of up to NZ$6.6 billion ($3.8 bln) to meet its Paris Agreement targets out to 2035, government modelling released Thursday showed.
Read MoreBRIEFING: NZ govt proposal to limit climate torts another breach of trade agreements, say experts
The New Zealand government’s legislative efforts to restrict climate-related tort claims is a breach of trade agreements with the UK and EU, experts told Carbon Pulse.Â
Read MoreDATA DIVE: NZ ETS forest applications stagnate
The number of applications for new forests to enter the New Zealand Emissions Trading Scheme (ETS) has continued to plateau, with the latest data showing just nine applications were received in May.
Read MoreNew Zealand climate commission consults on emissions advice update following methane target weakening
New Zealand’s Climate Change Commission (CCC) is seeking feedback on how to update its advice on the country’s fourth emissions budget, covering 2036-40, following last year’s lowering of the biogenic methane target, it said on Wednesday.
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