CORSIA credit tenders launched on behalf of airlines
Two tenders have been published for carbon credits under the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) on behalf of Asian airlines searching for 614,000 tonnes of CO2e.
Read MoreResearchers propose independent climate boards modelled on central banks to shield carbon pricing from politics
Governments should delegate control over carbon pricing to independent climate institutions modelled on central banks in order to insulate long-term emissions policy from electoral cycles and provide greater certainty for investors.
Read MoreParis Agreement Article 6 registries on track for year-end launch
The two registries that will operate the Paris Agreement’s Article 6 mechanism will be operational by the end of this year, the UNFCCC said Tuesday.
Read MoreResearchers urge rethink of Paris ‘well below 2C’ target interpretation to avoid ambition drift
Climate researchers have proposed a new way of interpreting the Paris Agreement’s commitment to keep global warming “well below 2C”, arguing that the widely used practice of expressing the target as a probability of staying below the threshold could gradually weaken climate ambition as scientific uncertainty declines.
Read MoreUtilities giant flags water scarcity, waste management as key nature-related business risks under TNFD
A French-headquartered utilities company has identified water withdrawals, resource regeneration, and hazardous waste management as some of its most material nature-related dependencies, impacts, and financial risks in its latest Taskforce on Nature-related Financial Disclosures (TNFD) assessment.
Read MoreEuro Markets: EUAs give up Monday’s gain amid steady day-long selling, as gas jumps on tanker attack
EU carbon allowances gave up all Monday’s price gains from Tuesday and more, as sellers came to the fore despite the approaching reduction in EU auction volumes as the REPowerEU programme is expected to end on Thursday, while energy markets rallied after an LNG tanker was attacked overnight.
Read MoreMajor AI governance frameworks ignore risks to nature
Two influential blueprints for governing Artificial Intelligence cover national security, job security, and human freedom, but fail to address AI’s vast potential to accelerate resource extraction and the destruction of nature, a campaign group said during the UN’s inaugural dialogue on AI governance in Geneva this week.
Read MoreEU clean tech chief pushes back against lowering ETS emissions cap
Teresa Ribera, the EU’s clean technology chief, is at odds with European Commission President Ursula von der Leyen over how steeply carbon allowances under the EU’s Emissions Trading System (EU ETS) should decline each year, according to multiple sources.
Read MoreEU plans to cut livestock emissions 16% by 2040, stops short of binding target
The European Commission on Tuesday unveiled a strategy to reduce greenhouse gas emissions from the bloc’s livestock sector, saying technology and targeted farm support could cut emissions by at least 16% by 2040, while stopping short of proposing a dedicated emissions target for the industry.
Read MoreUK water investment programme could anchor billions in nature finance, policy brief says
England’s water industry investment programme could become one of the country’s largest long-term sources of nature finance if regulators and utilities expand the role of catchment-scale and nature-based solutions, according to a policy brief published on Tuesday.
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