CWNYC24: Norway stands firm on blue hydrogen days after Equinor scraps plans -minister
Norway continues to support blue hydrogen solutions, a top Norwegian official stated Sunday at Climate Week NYC.
Read MoreBRIEFING: Global net zero commitments increase, yet 40% of major players still lack targets
Net zero commitments across countries, cities, regions, and companies have seen progress, but 40% of non-state entities, including major companies like Tesla, Nintendo, and Berkshire Hathaway, still lack emission reduction or net zero targets, according to new research.
Read MoreUK airline becomes largest carbon removals buyer in aviation via landmark deal
A flagship UK airline has become the biggest purchaser of carbon removal (CDR) credits in the UK, and the world’s largest CDR buyer in aviation, through a deal announced Monday.
Read MoreCWNYC24: Colombia to launch ETS in ‘enrolment’ phase in 2025 -minister
Colombia’s ETS is set to launch in 2025, building upon recent momentum in the country’s years-long process, a top official told Carbon Pulse on the sidelines of Climate Week NYC on Sunday.
Read MoreElevated ozone levels threaten tropical forests’ role in climate mitigation, researchers warn
Rising ground-level ozone levels are significantly reducing the productivity of tropical forests, undermining their ability to act as a crucial carbon sink, researchers warn.
Read MoreSri Lanka publishes ‘positive’ list of Article 6-aligned projects
The Sri Lankan government has published a list of project activities across six sectors that will be eligible to generate credits under Article 6 of the Paris Agreement.
Read MoreUN loss and damage fund cements executive pick, World Bank arrangements
The UN Fund for Responding to Loss and Damage (FRLD) crystallised its institutional arrangements at the third meeting of the board held in Baku last week.
Read MoreCFTC: Financials favour V25 CCAs again, while producers prefer V24s and both avoid RGAs
Financial entities once again favoured V25 California Carbon Allowances (CCAs) while producers preferred the current year vintage, and both trimmed net length in RGGI allowances (RGA), according to data published Friday by the US Commodity Futures Trading Commission (CFTC).
Read MoreECOSYSTEM MARKETPLACE: The time is right for a forest moonshot in the US
Despite bipartisan support and progress in implementing natural climate solutions, the U.S. needs a significant, coordinated effort, or “moonshot,” to increase reforestation, protect forests, and manage lands sustainably to meet national climate goals, overcome current barriers, and prevent the loss of millions of acres of forest by mid-century, writes Sacha Spector, Program Director for the Environment at the Doris Duke Foundation.
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