Top

Treasurer warns of risk to Australia’s financial system from lack of climate action

Published 03:44 on September 24, 2021  /  Last updated at 03:44 on September 24, 2021  /  Asia Pacific, Australia, Climate Talks  /  No Comments

Australia could risk losing access to international finance if it is perceived to lag on climate action, Treasurer Josh Frydenberg said Friday, but stopped short of committing to a 2050 net zero target.

Read More
Top

South Africa adopts deeper 2030 emissions target, Sasol aims for net zero

Published 12:33 on September 23, 2021  /  Last updated at 12:45 on September 23, 2021  /  Africa, Climate Talks, International  /  No Comments

South Africa’s cabinet has adopted a slightly more ambitious nationally-determined contribution (NDC) to the Paris Agreement, going further than an initial draft, as one of the nation’s biggest emitters commits to net zero and boosts near-term goals.

Read More
Top

Voluntary offset taskforce names governance board, promises indigenous representation

Published 12:53 on September 21, 2021  /  Last updated at 22:13 on September 21, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The private sector Taskforce on Scaling Voluntary Carbon Markets (TSVCM) announced its governance body on Tuesday, adding that it was on track to deliver next year standardising tools being designed to help dramatically increase the volume of carbon credit transactions.

Read More
Top

National oil companies join pledge to reach net zero operational emissions

Published 11:59 on September 21, 2021  /  Last updated at 11:59 on September 21, 2021  /  Americas, Climate Talks, EMEA, International, Middle East, South & Central, US, Voluntary Market  /  No Comments

Brazil’s Petrobras and Saudi Aramco have joined ten other oil and gas companies in aiming for net zero Scope 1 and 2 emissions, though the pledge did not include setting a date for when the goals would be reached.

Read More
Top

US, EU ink methane pact in push to help get COP26 climate summit back on track

Published 01:53 on September 20, 2021  /  Last updated at 01:53 on September 20, 2021  /  Africa, Americas, Asia Pacific, Canada, China, Climate Talks, EMEA, International, Mexico, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The US and EU have jointly pledged to slash their methane emissions, in an internationally coordinated move seen as a significant step ahead of next month’s UN climate talks, which observers warn are at risk of faltering.

Read More
Top

CARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities

Published 20:27 on September 17, 2021  /  Last updated at 17:02 on September 21, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Views, Voluntary Market  /  No Comments

The sixth instalment of Carbon Forward – the premier annual environmental markets conference – is back, and it’s stacked with a first-class line-up of speakers to discuss the global boom in carbon credit prices, as well as government- and corporate-led efforts to scale up these markets.

Read More
Top

UN says world on pathway to 2.7C of warming despite Paris targets

Published 18:41 on September 17, 2021  /  Last updated at 01:36 on September 20, 2021  /  Climate Talks, International  /  No Comments

Global GHG emissions will be 16% higher in 2030 than they were in 2010 – levels aligned to 2.7C of warming – even if all nationally-determined contributions (NDCs) submitted under the Paris Agreement are fully achieved, according to a UN updated NDC synthesis report released Friday.

Read More
Top

EU chief urges China to raise 2030 emissions pledge, proposes climate aid increase

Published 10:27 on September 15, 2021  /  Last updated at 11:40 on September 15, 2021  /  China, Climate Talks, EMEA, EU ETS, International, US  /  No Comments

China should raise its near-term emissions pledge while others need to flesh out how their goals will be met, said European Commission President Ursula von der Leyen on Wednesday, proposing an increase in the EU’s climate finance to poorer nations.

Read More
Top

Argentina makes plea for debt-for-climate swaps ahead of COP26

Published 01:08 on September 9, 2021  /  Last updated at 02:20 on September 9, 2021  /  Americas, Climate Talks, International, South & Central  /  No Comments

Argentina wants to trade climate action for debt relief, President Alberto Fernandez told a virtual high-level dialogue on climate action on Wednesday.

Read More
Top

China, US climate talks fail to inspire confidence ahead of Glasgow

Published 13:12 on September 3, 2021  /  Last updated at 09:30 on September 4, 2021  /  Americas, China, Climate Talks, International, Japan, New Market Mechanisms, South Korea, US  /  No Comments

The US special envoy on climate, John Kerry, on Friday left China after several days of talks, but the absence of a joint statement at his departure leaves little reason for optimism ahead of the Glasgow COP26 UN climate negotiations in November, observers say.

Read More