US-based carbon removals standard unveils major update, launches public consultation
A US-based carbon removals standard has launched a public consultation on a major update to its programme, seeking feedback as the organisation moves to tighten scientific, procedural, and accounting rules.
Read MoreCOP30: China sought CBAM dismantling in pre-dawn standoff with EU -sources
China pressed the EU in a tense pre-dawn standoff at COP30 on Saturday, offering to support tougher language on ambition and adaptation in the final outcome text in exchange for Brussels agreeing to kill its Carbon Border Adjustment Mechanism (CBAM), according to sources.
Read MoreCOP30: Fossil fuels out, adaptation in after “stormy” politics leave a mixed Belem bag
Countries failed to strengthen international efforts to drive an energy transition after two fraught weeks of COP30 negotiations, beyond doubling down on an existing 2023 pledge, agreeing to speed up decarbonisation targets, and reaffirming last year’s goal to boost climate finance.
Read MoreCOP30: Australia, Turkiye finalise “messy” COP31 presidency arrangement
Australia and Turkiye have drafted a partnership arrangement that would see them share various roles of the presidency at COP31 next year in Antalya.
Read MoreCOP30: Qatar’s updated NDC shifts to absolute 2040 cuts from relative 2030 BAU reductions
Qatar has strengthened its Paris Agreement pledge with a new climate plan that abandons a relative, business-as-usual (BAU) emissions target in favour of quantifiable, project-based cuts totalling 42 million tonnes of CO2e by 2040, while expanding the scope of measures across its gas-heavy economy.
Read MoreCOP30: The inside story of how Turkiye beat Australia to host COP31
Turkiye has won the race to host COP31 in the resort city of Antalya in 2026, beating out Australia, with both countries agreeing to share the presidency in an unprecedented arrangement for UN climate negotiations.
Read MoreJet2 trims carbon bill on cheaper ETS hedges, lifts 2026 cover to 90%
Jet2 has cut its carbon compliance bill by more than a fifth in the first half of its financial year after locking in cheaper EU and UK ETS prices, with the UK leisure airline also boosting its 2026 emissions hedge to 90% as it prepares for higher obligations under expanding fuel-use and SAF-mandate rules.
Read MoreStandardised, open-source contract launched to streamline durable carbon removal deals
Carbon removal industry stakeholders on Wednesday launched what they describe as the first openly available baseline contract intended to simplify and standardise durable CDR transactions.
Read MoreUK volcanic formations identified as major potential sites for CO2 mineral storage
Ancient volcanic formations across the UK could offer several billion tonnes of permanent CO2 storage capacity through in-situ mineralisation, new research has found, pointing to a potential onshore complement to the country’s offshore geological reservoirs beneath the North Sea.
Read MoreCOP30: UK boosts AIM4Forests backing at COP30 with fresh £16.9 mln pledge
The UK government has announced a further £16.9 million ($22.2 mln) in long-term finance for the FAO-run Accelerating Innovative Monitoring for Forests (AIM4Forests) programme, lifting its total contribution to £48.4 mln and reinforcing its support for digital forest-monitoring systems.
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