Cumulative emissions saved from decarbonisation pathway for India equal to half of remaining global carbon budget for 1.5C -report
India has the potential to reduce its cumulative GHG emissions by as much as 287 billion tonnes of CO2e by 2070 if it adopts an aggressive decarbonisation pathway that would get it to within striking distance of its net zero target for that year, according to a report released this week.
Read MoreCement giant Heidelberg signs licence agreement to expand use of carbon capture tech
A company that develops technologies for the decarbonisation of cement and lime has signed a perpetual global licence agreement with industry giant Heidelberg Materials, one of the largest building materials companies, they announced.
Read MoreSingapore’s Temasek co-founds start-up to lower emissions from rice growing
A group of four organisations have collaborated to set up a first of its kind agri-tech startup that aims to accelerate the decarbonisation of rice growing in Southeast Asia and the broader Asian region, they announced on Thursday.
Read MoreGlobal energy crisis could result in pivot towards cleaner energy future, IEA says
The current global energy crisis can prove to be a historic turning point towards a cleaner energy future, the International Energy Agency (IEA) has stated, as the Paris-based energy watchdog projected for the first time that global demand for each of the fossil fuels will either peak or plateau across all the scenarios in its latest annual World Energy Outlook (WEO) released on Thursday.
Read MoreJapan needs to lift carbon price to at least $30/t to accelerate clean transition in power sector -report
A carbon price of at least $30 per tonne of CO2 would enable Japan to bring forward a phase-out of fossil-fuel fired power generation and accelerate the transition to renewables in the electricity sector, a report released on Wednesday has found.
Read MoreProject to harmonise global carbon credit registry data to launch in December
A joint initiative to provide an open source metadata system to share information about carbon credits and projects across digital platforms and ease integration of multiple registry systems will go live before the end of the year, it was announced on Wednesday.
Read MoreAustralian industry body welcomes Labor’s first climate budget, but urges policy clarity to guide investment
Australia’s Carbon Market Institute (CMI) has broadly welcomed the climate-related elements of the federal Labor government’s first budget that was delivered on Tuesday, but has also stated that uncertainty for carbon market players will remain until key policy decisions are made by Canberra to facilitate greater action on climate change.
Read MoreSingapore targets lower emissions level in 2030 on pathway to net zero by 2050
Singapore will aim to reduce the level of GHG emissions in 2030 than had been previously committed, by 5 MtCO2e, the island-state’s Deputy Prime Minister Lawrence Wong announced at a conference on Tuesday.
Read MoreAustralia’s NSW launches A$360 mln low carbon investment plan for heavy emitters
The New South Wales (NSW) state government in Australia has launched a A$360 million ($228 mln) investment plan to accelerate emissions reduction in its most carbon intensive industries, NSW Energy Minister Matt Kean announced on Tuesday.
Read MoreGreen Climate Fund approves nine new projects to bring portfolio to over $11 bln
The Green Climate Fund (GCF) has approved nine new climate projects worth $544.1 million, and a further $1.7 billion with co-financing, it announced in Friday as it concluded its final board meeting for the year.
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