African tropical forests remove enough carbon to offset most land-use emissions, study finds
Tropical moist forests across 18 African countries removed enough carbon to offset most land-use emissions between 2015 and 2019, though researchers said uncertainty means the region’s overall carbon balance remains unresolved.
Read MoreLonger reference periods could improve reduced deforestation emissions estimates -study
Longer historical reference periods could improve confidence in estimating emissions reductions from reduced deforestation initiatives, according to new research.
Read MoreVoluntary agricultural standards can support nature positive outcomes -report
Voluntary agricultural standards can support nature positive outcomes, though they differ in how comprehensively they address biodiversity conservation, according to a new International Union for Conservation of Nature (IUCN) assessment.
Read MoreSBTN reveals corporations preparing to set updated freshwater targets
Science Based Targets for Nature (SBTN) revealed on Thursday the names of eight corporations around the world that are piloting the second version of its freshwater targets.
Read MoreUS, Qatar urge EU to “stop the clock” on methane reporting rules
The United States, Qatar, Nigeria, and Algeria have warned that the EU’s methane regulation risks disrupting Europe’s oil and gas supplies unless Brussels swiftly freezes the law and amends it to prevent widespread non-compliance.
Read MoreAfrica roundup: Kenya surprises the market, while others press ahead with Article 6 prep
Kenya, a regional frontrunner in the race to attract carbon trading, took many in the market by surprise this month when it announced it would limit its Article 6 credit transfers despite already having a big existing project pipeline – in another sign of the uncertainties surrounding Sub-Saharan Africa’s up-and-coming carbon markets.
Read MoreWealthiest consumers’ environmental damage costs up to $5.7 trillion a year -study
The annual damages to climate and biodiversity caused by consumption of the wealthiest 10% of consumers worldwide is between $1.7 and $5.7 trillion, a study has estimated.
Read MoreFood processors largely outside carbon markets despite potential, says report
Direct exposure to carbon markets is limited for food and beverage manufacturers because most fall below emissions thresholds covered by compliance schemes, leading to investment decisions driven largely by fuel-credit programmes, tax incentives, and energy savings, according to a new report.
Read MoreAlgeria sets 14% emissions cut goal by 2035, eyes Article 6 cooperation
Algeria pledged to reduce its greenhouse gas emissions by 14% below business-as-usual levels by 2035, according to its updated Nationally Determined Contribution (NDC), with the country signalling its intent to use the Paris Agreement’s Article 6 cooperation mechanisms.
Read MoreEU, US corporates could drive $17 bln of annual climate investment by addressing ongoing emissions, says Gold Standard
Companies across the EU and US could mobilise around $17 billion annually for climate action if they adopt the ‘advanced’ level of the Science Based Targets initiative’s ongoing emissions framework under its newly updated corporate standard, said Gold Standard on Thursday as it released a report setting out how such emissions could be dealt with.Â
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