Ten banks fuelling deforestation in Paraguay’s Gran Chaco, NGO finds
Ten financial institutions have invested more than $1.7 billion between 2021 and 2023 in two meatpacking companies allegedly associated with deforestation in Paraguay’s Gran Chaco, according to an NGO investigation.
Read MoreNew Zealand advised to set up biodiversity credit market
Launching a biodiversity credit market is among actions New Zealand should take in order to scale investments in nature-based solutions (NbS), according to a global consultancy.
Read MoreINC-5: Busan summit fails to deliver global plastic treaty, talks to resume next year
Negotiators in South Korea have failed to reach an agreement on a first-ever global treaty aimed at tackling plastic pollution, with countries deciding to resume talks next year due to unresolved divergences between parties.
Read MoreINC-5: INTERVIEW – Global criteria needed to steer shift to non-plastic substitutes
Curbing plastic production and banning chemicals of concern should go hand in hand with measures aimed at avoiding an over-reliance on non-plastic materials that are similarly harmful to the environment or human health, a scientist has told Carbon Pulse.
Read MoreINC-5: Pressure mounts on ‘ambitious countries’ to trigger vote on plastic treaty
Pressure is mounting on a group of self-proclaimed high-ambition countries to trigger a two-thirds majority vote on the plastic treaty under negotiation in Busan, South Korea, to outflank opposition from nations allegedly seeking to derail a strong agreement.
Read MoreINC-5: ANALYSIS – Industry groups defy negotiators in Busan on plastic product ban
Industry groups have ramped up pressure to ensure that a list of banned plastic products is excluded from the UN treaty under negotiation in Busan, South Korea, while environmental organisations have responded by warning such a move could significantly weaken the text.
Read MoreINC-5: BRIEFING – Plastic talks stalling as stocktake shows insufficient progress
The first stocktake of the ongoing negotiations on the UN plastic treaty on Wednesday showed a lack of progress on key measures to address plastic pollution, with some observers questioning whether a meaningful treaty will be agreed this week.
Read MoreINC-5: Verra expects to onboard up to 40 plastic credit projects within a year
Environmental standard Verra plans to expand its plastic credit programme with an additional 40 projects expected to be onboarded within a year, the company told Carbon Pulse.
Read MoreINC-5: Plastic negotiators in Busan overcome first hurdle as tension builds
Talks on the first-ever UN treaty aimed at tackling plastic pollution have begun in South Korea, with an overwhelming majority of delegates at the opening plenary session defying a group of countries allegedly trying to derail negotiations.
Read MoreINC-5: BRIEFING – Plastic credit market tipped to grow “with or without” UN treaty
Demand for voluntary plastic credits is slated to expand regardless of their inclusion in the UN global plastic treaty under negotiation in Busan, major standard bodies told Carbon Pulse, amid growing concerns from environmental groups over the credibility of the nascent market.
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