Algeria sets 14% emissions cut goal by 2035, eyes Article 6 cooperation
Algeria pledged to reduce its greenhouse gas emissions by 14% below business-as-usual levels by 2035, according to its updated Nationally Determined Contribution (NDC), with the country signalling its intent to use the Paris Agreement’s Article 6 cooperation mechanisms.
Read MoreNZ cleantech platform seeks to help homegrown companies break out
A new cleantech platform in New Zealand is looking to bring together innovators, funders, and relevant government agencies to help the sector grow, its co-founder and CEO told Carbon Pulse.
Read MoreEU, US corporates could drive $17 bln of annual climate investment by addressing ongoing emissions, says Gold Standard
Companies across the EU and US could mobilise around $17 billion annually for climate action if they adopt the ‘advanced’ level of the Science Based Targets initiative’s ongoing emissions framework under its newly updated corporate standard, said Gold Standard on Thursday as it released a report setting out how such emissions could be dealt with.Â
Read MoreLCAW26: Tencent shortlists global climate innovators for $30 mln catalytic funding programme
Chinese multinational technology conglomerate Tencent has unveiled 16 winners for its global initiative designed to help promising climate solutions grow and scale.
Read MoreCarbon ratings provider acquires AI-powered sustainability workflow platform to bolster due diligence tools
A carbon ratings agency has acquired an AI-powered sustainability workflow software platform and hired its founding team, as it seeks to expand its analytical and due diligence capabilities amid growing demand for data-driven risk assessment tools in carbon markets.
Read MoreLCAW26: Voluntary carbon coalition rebrands and launches fellowship
A coalition of academic institutions, non-profits, and private businesses has rebranded itself and launched a new fellowship programme to help scale high-integrity carbon markets, the group announced Tuesday.Â
Read MoreEU states back simpler green finance disclosure rules, draw criticism over fossil fuel provisions
The Council of EU member states has agreed its negotiating position on a major overhaul of the bloc’s sustainable finance disclosure rules, aiming to simplify requirements for investment products and make it easier for investors to compare sustainability claims.
Read MoreLCAW26: Orsted cuts own power emissions 98%, flags supply chain as next carbon challenge
Orsted has cut its scope 1 and 2 emissions intensity by more than 98% since 2006, but value chain emissions linked to steel, maritime fuels, and copper now represent the main carbon challenge for its offshore wind business, the Danish offshore wind major said Tuesday in a report launched during London Climate Action Week (LCAW).
Read MoreGlobal business leaders look to sustainability for competitiveness, call for policy certainty across economies -report
The majority of senior leaders across more than 500 global businesses expect sustainability to be a source of competitive advantage over the next five-10 years, according a CEO-led, global business group.
Read MoreLCAW26: Voluntary and compliance markets will continue to co-exist, with some linkages -registry
The widespread expectation that voluntary carbon markets will eventually fold into compliance is unfounded, according to the president of a removals registry, who instead sees both markets continuing to co-exist, with some linkages.
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