UK to create long-term blueprint for clean energy transition out to 2050
The UK will announce a blueprint for how it will manage the clean energy transition in the country out to 2050 before the end of the year.
Read MoreCOP16: Mining threats to ecosystems are growing, report says
Oil, gas, and mining industries pose growing threats to critical ecosystems in the Amazon Basin, Congo Basin, and Southeast Asia, a report has found.
Read MoreBRIEFING: EU presents draft methodologies to measure CO2 removals from biochar, DACCS, BECCS
The European Commission on Monday presented draft methodologies to measure the CO2 removals obtained from three different techniques, paving the way for the EU to formally adopt them as part of its new carbon removals certification scheme as early as next year.
Read MoreBiodiversity credits could be core part of corporate nature strategies, WEF says
Companies could procure biodiversity credits, or other instruments, as part of their nature strategies, the World Economic Forum (WEF) said in a report published Monday.
Read MoreBRIEFING: EU will push for more climate finance contributors and better transparency at COP29
The EU will go to Baku next month stressing the need to widen the base of contributors to a bigger global climate finance goal – including big emerging, and polluting, economies and greater private sector investment, according to agreements reached by ministers and parliamentarians ahead of the COP29 summit.
Read MoreVerra urges ICVCM to extend high-integrity label to renewables projects in developing countries
Carbon registry Verra is “trying its best” to convince the Integrity Council for the Voluntary Carbon Market (ICVCM) to accept renewables projects in least developed countries for its highly-sought core carbon principle (CCP) label, a company representative said on Tuesday.
Read MoreArticle 6 markets unlikely to scale until end of decade, says expert
Large volumes of sovereign carbon credits traded between countries under Article 6.2 of the Paris Agreement are unlikely to be seen until the end of the decade, a panel heard Tuesday.
Read MoreShare of fossil fuel power falling to 50% across BRICS group, driven by Chinese solar -report
The share of coal-, oil-, and gas-fired power capacity in the BRICS countries could fall below half by the end of this year, as the development of wind, utility-scale solar, and other non-fossil fuel sources dominate the electricity pipeline across the emerging economies, according to research published on Tuesday.
Read MoreSoutheast Asian power demand, emissions set to rapidly rise, IEA says
Southeast Asia is one of the world’s most power hungry regions, with sectoral demand and emissions set to rise faster than in the past without significant decarbonisation and clean energy expansion, a new report from the International Energy Agency (IEA) said Tuesday.
Read MoreUK-based firm raises €23.7 mln to scale point-source carbon capture technology
A UK-headquartered carbon capture company has raised €23.7 million in a Series A2 funding round, the firm announced on Tuesday.
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