Flaring emissions more than double for top 10 oil majors when including non-operated assets -report
Emissions from flaring are more than double for 10 major international oil companies (IOCs) when including both operated and non-operated assets, compared to when assessing operated assets alone, a new report has found.
Read MoreCOP29: Negotiators hail Article 6.4 deal, but campaigners say it’s a false solution
The COP29 summit’s speedy Article 6.4 agreement was met with polarising reactions on Tuesday, with advocacy groups lambasting it as a distraction from genuine climate action while UN negotiators hailed its potential to unlock up to $250 billion in private climate finance by 2030.
Read MoreCIX to add one REDD project and remove another from its NBS index
Singapore-based Climate Impact X in January will be reinstating one REDD project and removing another from its nature-based standard contract.
Read MoreINTERVIEW: Amazon bioeconomy investment facility takes aim at illegal activity
A Brazilian think tank is creating a facility to enable investment around Brazil and the Amazon Basin, tackling nature-damaging illegal activity while exploring biodiversity credits, Carbon Pulse has learned.
Read MoreN2O emissions set to climb 30% by 2050 without action -report
Nitrous oxide (N2O) emissions have surged by 40% since 1980, driven mainly by agricultural practices, and are set to climb another 30% over 2020 levels by 2050 if left unchecked, according to a UN-backed report released on Wednesday at COP29.
Read MoreShell wins appeal on ruling to slash emissions and comply with Paris Agreement
Shell has won an appeal against a landmark climate ruling in the Netherlands that would have forced the oil and gas giant to radically cut back its greenhouse gas emissions, including indirect scope 3 emissions, to comply with the Paris Agreement.
Read MoreUPDATE – COP29: UK praised for new 1.5C-aligned emissions target, but policies needed to make it reality
The UK will slash its emissions by 81% in the next decade under an updated Paris Agreement pledge, which many on Tuesday cautiously welcomed as a “shining example” of leadership at the start of tense COP29 negotiations while warning that it needs to be backed up with actual policies.
Read MoreUS forestry programme outlines guardrails for quality and integrity in new report
A US programme for improved forest management (IFM) carbon projects has published a report outlining the key steps developers must take to ensure the quality and integrity of their projects, tackling issues of additionality, permanence, leakage, and social integrity.
Read MoreEnglish region releases country’s first local nature strategy, eyes nature markets
A regional government in England has launched the country’s first local nature recovery strategy, eyeing nature markets to mobilise private financing towards biodiversity conservation and restoration activities.
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