COP27: Oil and gas GHG emissions much higher than claimed, finds report
Many oil and gas facilities around the world are emitting three times more greenhouse gases (GHG) than claimed, a new report states.
Read MoreOpen source platform shows forestry data for every country in the world
A platform showing forestry data across every country and jurisdiction in the world, including degradation levels, was launched at COP27 in Sharm el-Sheikh on Tuesday.
Read MoreEEX looks to market sovereign REDD.plus credits after Xpansiv departed
German-based exchange EEX looks set to fill the gap left by Xpansiv last month after the latter dropped plans to host carbon units from sovereign forestry conservation platform REDD.plus.
Read MoreCOP27: Roundup for Day 2 – Nov. 8
It’s Tuesday at COP27 in Sharm el-Sheikh, and Carbon Pulse will keep you updated with developments throughout the day. Timestamps in local time (EEST, GMT+2).
Read MoreCOP27: Mexico beefs up Paris Agreement GHG reduction targets amid legal pressure
The Mexican environment ministry on Tuesday announced the country will submit an enhanced Paris Agreement pledge at the COP27 climate summit, with President Andres Manuel Lopez Obrador’s (AMLO) administration having come under legal challenges for backtracking on the nation’s original commitment.
Read MoreScope 3 emissions may soon be mandatory under global environmental disclosure platform
The most widely used climate-related disclosure platform said on Tuesday that it will apply an upcoming international standard to its reporting requirements, including Scope 1-3 emissions reporting and carbon offset use by corporates.
Read MoreCOP27: Roundup for Day 1 – Nov. 7
It’s the first Monday of COP27 and the climate talks have officially gotten underway in Sharm el-Sheikh. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout each day.
Read MoreVCM Report: Nearby N-GEO futures crash below $6
Standardised offset prices slipped sharply at the end of the week, particularly for nature-based offsets, as the expected feelgood factor from COP27 summit in Egypt failed to materialise, although sources noted some over-the-counter sellers were turning bullish.
Read MoreCOP27: New demand pledges for forest carbon credits amongst incremental progress to halt deforestation
Several public and private commitments were made to ramp up the financing available to protect the world’s forests at the COP27 UN climate talks on Monday, alongside efforts to better track progress on conserving and enhancing forest carbon stocks that included new demand pledges towards forest carbon credits.
Read MoreINTERVIEW: Platform eyes role in explosion of REDD+ projects beyond rainforests
More tree conservation projects could be potentially created in the savannas and shrub lands of sub-Saharan Africa than from the rich rainforests around the continent’s equator, according to one of the founders of a soon-to-be launched free-to-access digital platform that promises to calculate the carbon content of every tree on the planet.
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