Global shipping carbon price in the crosshairs as countries debate future of Net-Zero Framework
Countries remain divided on what a Net-Zero Framework (NZF) for global shipping should look like, with some calling on Wednesday to scrap its carbon levy, and others to ditch any mechanism that collects revenue.
Read MoreSBTi updates ‘contraction approach’ in corporate net zero guidance
The Science Based Targets initiative (SBTi) has announced an update to its “absolute contraction approach”, a key method used by companies to set emissions reduction targets, in a move aimed at improving consistency and implementation while preserving net zero ambition.
Read MoreUS researchers publish independent GHG emissions inventory after EPA fails to file annual report
US researchers have published an independent national GHG inventory covering three decades of emissions data, after the Environmental Protection Agency (EPA) missed its annual reporting deadline for the second consecutive year.
Read MoreNature finance models are ready to scale, report says
Nature-based enterprises, such as biodiversity compensation schemes, can generate reliable revenues while attracting private investment – but scaling is the next challenge, a report has said.
Read MoreA third of terrestrial habitats could be affected by multiple extreme events by 2085 -study
Over a third of species’ current habitats on land could be hit by multiple climate-driven extreme events by 2085, according to a paper released on Friday.
Read MoreUnreported coal mine methane hinders climate action, report says
Coal mine methane (CMM) emissions remain largely unaccounted for in official data, hindering the uptake of proven technologies that could cut emissions this decade, Â according to a report published Wednesday.
Read MoreRainforest loss down 36% in 2025, but 30×30 biodiversity target remains out of reach -report
Tropical rainforest loss decreased by 36% in 2025 from the previous year, but remained 70% above the level required to meet the global target of halting and reversing biodiversity loss by 2030, according to a report.
Read MoreUS offshore wind developers accept Trump administration deal to reinvest in oil, gas assets
The US Department of the Interior (DOI) announced on Tuesday two agreements with offshore wind developers to voluntarily end their federal leases and reinvest their multi-million reimbursements into oil and gas assets.
Read MoreCanada, Alberta near carbon price agreement as broader pipeline deal stalls -media
Canada and Alberta are expected to agree within the “next two weeks” to raise the carbon price for industrial emitters, a step seen as critical to unlocking a broader package covering oil sands emissions and new pipeline infrastructure that remains unresolved, media reported on Monday.
Read MoreOffshore basins emerge as lowest-cost CO2 storage option in Eastern Canada, assessment finds
A regional assessment found CO2 storage costs are lowest in basins with favourable reservoir properties, including several offshore formations, while lower onshore costs may be offset by lower reservoir quality.
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