COP30: G20 implementation of COP28 energy, methane goals would curb 11 bln tonnes of CO2e by 2030 -analysis
G20 countries have the opportunity to collectively reduce 11 billion tonnes of C02e below expected levels by 2030 if they implement energy and methane mitigation goals agreed upon during the COP28 climate summit in 2023, according to analysis published Wednesday.
Read MoreCOP30: Export of carbon credits can help host countries better achieve domestic climate targets, says aviation group
Development of credits for sale into the UN’s international aviation offsetting scheme (CORSIA) can doubly support countries’ achievement of their climate targets while raising carbon finance, according to an industry brief seen by Carbon Pulse, as part of a COP30 push for Paris Agreement parties to develop fresh supply.
Read MoreCOP30: Deforestation roadmap plays second fiddle to fossil fuels, say NGOs
Compared to fossil fuel phaseout, deforestation targets enshrined in the COP28 Global Stock Take (GST) have been relegated to a secondary role, according to observers at Brazil’s ‘mutirao’ dialogues.
Read MoreINTERVIEW: Canadian-backed deal targets aggregated US smallholder forest projects
A Canadian investment fund and a US forest carbon project developer announced a partnership on Tuesday to help scale improved forest management (IFM) and afforestation projects in the US.
Read MoreCOP30: Peatland finance initiative launches two pilots
An initiative aimed at unlocking financing for peatland conservation and restoration has launched pilots in Peru and Uganda, it announced on Monday.
Read MoreCOP30: Brazil, France back taskforce to boost oceans in national climate action plans
France and Brazil announced on Tuesday they are in favour of an ocean taskforce to help raise national efforts to conserve and restore marine habitats.
Read MoreCOP30: Peru’s registry to approve first durable CDR methodology in Q1
Peru’s national carbon registry, which has approved nine methodologies to date, will include several more by February spanning waste, land use, and durable carbon removal (CDR).
Read MoreBoreal planting in Canada could deliver 3.9 bln tonnes CO2 removals by 2100
Large-scale tree planting in Canada’s northwestern boreal region could remove around 3.9 billion tonnes of CO2 by 2100 under realistic deployment assumptions, research published last week has found.
Read MoreUK standard seeks feedback on avoided deforestation methodology, suspends algae methodology
A UK-based standard is seeking feedback on a new avoided deforestation methodology designed for smallholder farmers, while also announcing the delay of a methodology to treat algae.
Read MoreSuriname doubles down on attempts to market REDD+ outcomes as ITMOs in NDC 3.0
Suriname has reiterated plans to sell UN-verified REDD+ results under Article 6.2 of the Paris Agreement as Internationally Transferred Mitigation Outcomes (ITMOs), while exploring alternative climate finance measures, according to its third Nationally Determined Contribution (NDC).
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