Ukraine approves low-carbon strategy, updated energy plan in package of 11 climate measures
Ukraine’s cabinet has approved a package of 11 environmental measures, including a long-term, low-carbon development strategy to 2050, an updated National Energy and Climate Plan (NECP) through 2030, and a new biodiversity conservation strategy.
Read MoreANALYSIS: New SBTi corporate climate standard offers path to scale nature-based carbon finance, even if onus is on tech-based removals
Nature-based solutions deserve stronger support in the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard Version 2.0, though they still have a clear pathway to scale, according to some carbon market stakeholders, who pointed to the standard’s prioritisation of engineered removals to help companies tackle hard-to-abate emissions later down the line.
Read MoreSBTi’s new Corporate Net-Zero Standard recognises companies that address ongoing emissions
The Science Based Targets initiative (SBTi) has published its long-awaited Corporate Net-Zero Standard Version 2.0, which recognises companies that address their ongoing climate impact, including through the additional buying of high-quality reduction or removal credits, and plans to mandate such action from 2035, but stops short of permitting any offsetting to account for in-chain emissions.
Read MoreMajor insurers back LNG expansion in marine biodiversity hotspot
Most of the world’s biggest insurers have refused to rule out support for the expansion of liquefied natural gas (LNG) infrastructure in the Coral Triangle, despite evidence of the threat it poses to marine biodiversity, according to a new report.
Read MoreColombian draft decree conditions carbon market continuation on emerging systems
Colombia has published a draft carbon markets decree addressing technical and safeguarding concerns with tools that don’t yet exist, also imposing new responsibilities on domestic and international entities, but leaving key implementation questions open.
Read MoreCritical mineral extraction fuels forest loss beyond mine sites in Sub-Saharan Africa -study
The extraction of critical minerals has fuelled an increase in deforestation across Sub-Saharan Africa, with impacts extending well beyond the boundaries of mining sites, according to a paper.
Read MoreCentralised renewables planning cuts biodiversity conflicts in China, but shifts risks to drylands -study
China’s renewable energy expansion could produce sharply different biodiversity impacts depending on whether projects are planned nationally or at the provincial level, with neither approach capable of avoiding all ecological trade-offs, according to new research.
Read MoreAI drives rising water, land, carbon footprints -UN report
The surge in AI is driving growing water, land, and carbon footprints, which are set to increase, said a report by the UN University published on Wednesday.
Read MoreBenin eyes carbon markets to help deliver new Paris climate plan
Benin has raised its climate ambition under a newly submitted Nationally Determined Contribution (NDC), pledging to cut greenhouse gas emissions by one-third over the next decade while positioning itself to tap international carbon markets under Article 6 of the Paris Agreement.
Read MoreCanada risks environmental leadership, stands at climate crossroads -speakers
Canadian climate policy is at a crossroads, and without intervention, the country risks being left behind, attendees of Toronto Climate Week heard on Monday.
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