Anticipation litigation: Climate lawsuits seen to increasingly rely on consensus rather than causation
A growing body of climate litigation targeting major emitters may increasingly rely on broad scientific and political consensus rather than direct attribution of climate damages, according to a new academic study that identifies an emerging category of “anticipatory climate litigation”.
Read MoreAmazon NbS fund concludes deployment of R$250 mln into carbon pipeline
A R$250-million ($48.7 mln) nature finance vehicle has completed its investment period after fully deploying capital across its portfolio of 11 nature-based solutions (NbS) in the Brazilian Amazon, according to a report published this week.
Read MoreCosta Rica to receive LEAF Coalition’s first-ever funding disbursement
Costa Rica will soon receive funds from the LEAF Coalition public-private buyers’ club, becoming the first country in the world to receive results-based forest carbon finance through this programme.
Read MorePeru’s national carbon registry adds two new standards
Peru’s Ministry of Environment (MINAM) has accredited two new standards and added 17 new methodologies to the national carbon registry RENAMI, as per a resolution issued Thursday.
Read MoreBRIEFING: Draft EU CBAM rules “onerous” in practice for foreign carbon credits, experts say
Importers face steep challenges to take advantage of proposed EU rules allowing the application of carbon credits against Carbon Border Adjustment Mechanism (CBAM) fees, due to the “onerous” conditions imposed by Brussels on their use, experts told Carbon Pulse.
Read MoreMysterious US ocean carbon capture startup set for development in Saudi Arabia
An ocean carbon removal startup that has yet to reveal its pioneering technology has struck a partnership with a state-backed Saudi development company to further bolster the country’s carbon credit exchange.
Read MoreRock weathering could offset growing permafrost-driven river CO2 emissions -research
Chemical weathering triggered by permafrost thaw could offset a substantial share of CO2 emissions from rivers draining frozen landscapes, and in some regions may eventually outweigh them altogether, according to new research.
Read MoreFEATURE: Corporates excited about new SBTi climate standard’s nod to market instruments
Companies are “excited about finally having clarity” on using market instruments to show progress towards their climate targets under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, say consultancies referring to the standard’s “incredible ripple effect”.
Read MoreOPEC sees no peak in oil demand amid energy security concerns
OPEC sees “no peak oil demand” coming soon as governments around the world rethink climate and energy policies given recent concerns, according to its latest long-term outlook which claims crude will retain the largest share of the global energy mix through to 2050.
Read MoreSB64: Geopolitical tensions fuel stalemate in Bonn, raising expectations for COP31
Climate negotiators ended two weeks of talks in Bonn with mixed results, as geopolitical conflicts over climate finance and fossil fuels limited technical and diplomatic movement in most areas, largely leaving the international climate community eyeing November’s COP31 summit for greater progress.
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