PNG relents on COP29 delegation but will still “liquidate” own forests without finance, PM warns
Papua New Guinea will send a delegation to COP29 in Azerbaijan this month after first its prime minister and then its foreign minister had said it would not as a protest against the lack of climate finance for maintaining its vast carbon sink forests.
Read MoreFive EU countries accused of breaking European climate law
Five European countries may be breaching EU law when it comes to their climate and energy obligations, according to a series of legal complaints filed on Thursday that call on the European Commission to take action.
Read MoreBrazil’s Para to launch $44 mln forest restoration concession -official
The environmental secretary of Brazil’s Para said the state will launch at COP29 a R$250 million ($44 mln) concession for the restoration of 10,000 hectares of forest with the intention of generating carbon credits.
Read MoreCalifornia climate disclosure laws survive legal challenge from US business lobby
In a lawsuit filed by an association of US business groups against California’s climate disclosure rules, a US district court ruled in favour of the state on Tuesday, but the case remains active in pursuit of more evidence.
Read MoreNon-profit launches nature impact assessment tool for financial institutions
A Switzerland-based non-profit on Thursday launched a free tool designed to help financial institutions assess their nature-related impacts.
Read MoreUS-based carbon registry posts update to its methodology combatting ozone-depleting gases
A US-based carbon registry has posted changes to its methodology for earning voluntary carbon credits from transitioning to advanced refrigeration systems.
Read MoreColombian afforestation projects often use non-native species, unsuited ecosystems -study
A peer-reviewed study of dozens of afforestation, reforestation, and revegetation (ARR) projects in Colombia has found that while they have removed over 100 million tonnes of CO2, afforestation often uses non-native species or situates projects in ecologically inappropriate biomes.
Read MoreNew EU environment commissioner expresses support for developing nature credits
The newly confirmed EU environment commissioner at her hearing with the European Parliament on Tuesday evening said she will explore ‘well-designed’ nature credits during her tenure at the European Commission.
Read MoreUPDATE – UAE commits to near-50% emissions cuts in new UN national climate plan
The UAE has included steep emissions reduction levels in its third Nationally Determined Contribution (NDC), published Wednesday, pledging a 47% drop by 2035 compared to a 2019 baseline, though some observers remain sceptical about the stated increase in climate ambition.
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