Progress in global climate governance threatened by major inequality among nations, new research warns

Published 00:37 on September 19, 2024  /  Last updated at 00:37 on September 19, 2024  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Other APAC, South & Central, US

A new study has unveiled stark inequalities in global climate governance, highlighting that the most influential countries in climate negotiations bear far fewer consequences from climate-related disasters than those with less influence.

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Global solar installations smash expectations, rising almost a third year-on-year

Published 00:01 on September 19, 2024  /  Last updated at 16:53 on September 18, 2024  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, South Korea, Switzerland, US

Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.

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Ocean carbon sink vital for both climate health and global wealth, new research finds

Published 23:57 on September 18, 2024  /  Last updated at 23:57 on September 18, 2024  /  Americas, Asia Pacific, China, EMEA, International, Nature-based, Other APAC, US, Voluntary

The ocean’s ability to absorb CO2 is not only vital for mitigating climate change, but also crucial for enhancing global wealth and reducing the cost of national climate policies, according to a new study.

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Euro Markets: EUAs extend losses as jump in speculative net shorts fails to trigger squeeze

Published 17:14 on September 18, 2024  /  Last updated at 17:21 on September 18, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon prices fell for the fourth time in the last five days as sellers continued to dominate, despite a second strong build in speculative short positions that had prompted some participants to predict a short squeeze, while energy markets continued to see-saw in response to conflicting pressures of bearish demand, healthy storage levels, and continuing concerns over longer-term supply.

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Decarbonising the EU’s energy-intensives is still tough business, economists say

Published 16:57 on September 18, 2024  /  Last updated at 16:57 on September 18, 2024  / /  EMEA, EU ETS

Energy intensive industries continue to face obstacles on their road to decarbonisation, according to economists from the European Central Bank (ECB), who raised concerns about the next phase of EU emissions trading.

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INTERVIEW: Biodiversity credit company seeks to challenge Romanian govt over EU payments

Published 16:27 on September 18, 2024  /  Last updated at 16:27 on September 18, 2024  / /  Biodiversity, EMEA, International

A company overseeing a biodiversity credit pilot in Romania is seeking to show the government how its use of EU environmental payments is incentivising the degradation of hay meadows, Carbon Pulse has learned.

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Frontier strikes $4.5 mln in pre-purchase deals for carbon removals

Published 16:23 on September 18, 2024  /  Last updated at 16:23 on September 18, 2024  / /  Africa, Americas, Asia Pacific, Canada, EMEA, US, Voluntary

The buyers club Frontier has facilitated its fourth round of carbon removal (CDR) pre-purchases, with $4.5 million spent on credits from nine project developers, including first-of-their-kind deals in India and Africa.

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BRIEFING: SBTi paves way for carbon removals under corporate net-zero standard in ‘cryptic’ update

Published 15:37 on September 18, 2024  /  Last updated at 15:37 on September 18, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

The Science Based Targets initiative (SBTi) published an update Wednesday that experts saw as opening the door for corporates to use removals as part of carbon neutralisation claims under the organisation’s net-zero standard.

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Over 650 UK farms have their soil carbon audited in ‘largest’ assessment yet

Published 15:18 on September 18, 2024  /  Last updated at 15:18 on September 18, 2024  / /  EMEA, Nature-based, Voluntary

Over 650 UK farms have been assessed in the “largest and most thorough” baseline of environmental farm performance in the UK, in an effort to standardise a confusing landscape of processes for collecting the data, according to a report published on Wednesday.

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Pylons and crickets: Expert reveals bioacoustics challenges

Published 15:01 on September 18, 2024  /  Last updated at 15:01 on September 18, 2024  / /  Biodiversity, EMEA, International

Bioacoustics, an emerging technology using sound recordings to monitor wildlife, can be useful to support human ecologists but should not be considered as a replacement for on-site observation, an industry insider said on Tuesday.

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