CP Daily: Tuesday October 29, 2024

Published 01:05 on October 30, 2024  /  Last updated at 01:08 on October 30, 2024  /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

Read More

Demographics shape global support for tech-based climate interventions -study

Published 23:53 on October 29, 2024  /  Last updated at 23:53 on October 29, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Public support for climate interventions varies significantly by demographics, with younger people and those in poverty more supportive of engineered approaches to mitigation compared to older or wealthier groups, a new study reveals.

Read More

Carbon ratings agency teams up with Australian offset trading platform provider Trovio

Published 23:07 on October 29, 2024  /  Last updated at 23:07 on October 29, 2024  /  Asia Pacific, Australia, Nature-based, Voluntary

A carbon ratings agency is partnering with Australian technology provider Trovio to make offset project grades accessible for risk and inventory management purposes.

Read More

Europe continues to invest in gas grids, despite net-zero targets -study

Published 23:01 on October 29, 2024  /  Last updated at 14:35 on October 29, 2024  / /  EMEA, EU ETS

There is a “significant disconnect” between gas infrastructure planning in Austria, Belgium, Germany, Italy and the UK, and what’s required to achieve their net-zero climate goals, according to research published on Wednesday.

Read More

New York fiscal watchdog says NYCI design falls short, potential economic impacts $12 bln/yr by 2030

Published 22:35 on October 29, 2024  /  Last updated at 22:35 on October 29, 2024  / /  Americas, US

A state civil non-profit found New York’s proposed cap-and-invest programme, or ‘NYCI’, lacked sufficient analysis of potential fiscal and economic impacts of up to $12 billion per year by 2030, recommending a more robust, publicly available assessment and recalibration of the emissions reduction goal.

Read More

Biodiversity Pulse: Tuesday October 29, 2024

Published 22:27 on October 29, 2024  /  Last updated at 22:27 on October 29, 2024  / /  Biodiversity, Newsletters

A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

Read More

Quebec’s free carbon allocation declines slightly in 2023

Published 22:07 on October 29, 2024  /  Last updated at 22:07 on October 29, 2024  / /  Americas, Canada, US

Quebec distributed the remainder of its 2023 free carbon market permits, bringing the annual total slightly down from 2022 volumes as the number of recipients remained unchanged, data released by the province’s environment ministry showed.

Read More

COP16: ANALYSIS – Who wants to talk about debt?

Published 21:43 on October 29, 2024  /  Last updated at 21:43 on October 29, 2024  / and /  Americas, Asia Pacific, Biodiversity, EMEA

A spat on sovereign debt reform threatens to overheat talks at the ongoing UN biodiversity summit in Cali, as the UK and China have so far strongly opposed calls to address the issue in the final agreement, with potentially grave consequences on developing countries’ ability to effectively tackle the biodiversity crisis, according to experts. 

Read More

COP16: Brazil launches revised national plan to restore 12 mln hectares by 2030

Published 21:14 on October 29, 2024  /  Last updated at 21:14 on October 29, 2024  / /  Americas, Biodiversity, Nature-based, South & Central, Voluntary

The Brazilian government launched Monday a revised national plan for the recovery of native vegetation that reaffirms the country’s commitment to restore 12 million hectares by 2030.

Read More

COP16: EIB, WWF to provide early-stage funding for nature-based solutions

Published 20:38 on October 29, 2024  /  Last updated at 20:38 on October 29, 2024  / /  Biodiversity, EMEA, Nature-based

The European Investment Bank (EIB) and the WWF on Tuesday announced they will collaborate to mobilise early-stage funding for projects to help adapt to climate change and stave off the biodiversity crisis.

Read More