Month: September 2023

Investment Opportunities

Why Suriname’s Carbon Finance Program Could Change The World

Ken Silverstein Mr. October is on deck. Marciano Dasai, Suriname’s minister of spatial planning and environment, spoke at Climate Week in New York and is pitching 4.8 million carbon offsets to the real heavy hitters — the rich nations responsible for most of the globe’s CO2 emissions. It’s the World Series of carbon finance — a potential…
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Decarbonisation

Many governments and business leaders have made commitments to reduce carbon emissions in response to the 2015 Paris Agreement. This series covers topics surrounding green energy transition The 2015 Paris Agreement is a historic agreement between world governments to reduce carbon emissions in order to combat the effects of climate change. As a result, many…
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Singapore’s new carbon exchange

Amsterdam, 22 sept 2023 — Singapore’s new carbon exchange traded 12,000 tonnes of emissions on its first trading day as the city-state bets on the growth of an industry that has been slammed for corporate greenwashing. Chevron, Vitol, Standard Chartered and China’s CICC on Wednesday traded credits on Climate Impact X, which is hoping to…
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Rethinking Integrity in the Voluntary Carbon Market

From Crisis to Confidence by Eftimiya Salo The Voluntary Carbon Market (VCM) has been recognized as a powerful tool for climate change mitigation by supporting corporate climate targets in addition to deep emission cuts aligned with a 1.5-degree trajectory. However, with great power comes significant responsibility, and unfortunately, the current state of the VCM falls…
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Environment at a Glance in Latin America and the Caribbean

Spotlight on Climate Change Environment at a Glance in Latin America and the Caribbean: Spotlight on climate change presents the progress made by countries in the region in reducing greenhouse gas emissions, improving air quality and protecting natural habitats. It describes the level of exposure to climate-related hazards and some of the main policy instruments used…
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Meta’s AI leaders want you to know fears over AI existential risk are “ridiculous”

MIT Technology Review It’s a really weird time in AI. In just six months, the public discourse around the technology has gone from “Chatbots generate funny sea shanties” to “AI systems could cause human extinction.” Who else is feeling whiplash?  My colleague Will Douglas Heaven asked AI experts why exactly people are talking about existential…
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Start-ups and big names

“The investment will be used for four parts,” says Jacob Ruiter, CEO of EIT InnoEnergy Benelux. “We are going to invest more in our current portfolio of companies and want to attract new companies. In doing so, we use the capital to set up new companies in promising markets. Our fourth goal is related to…
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A Finnish company succeeded where many others failed: reducing plastic pollution in Asian waters

Finland-based Riverrecycle Oy has developed a method to tackle the plastic litter that is plaguing the oceans. Together with its partners, the company has collected one million kilos of litter from rivers in developing countries in just a few years. JENNI FRILANDER A Finnish start-up has succeeded where many others have not: in removing plastic…
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Total CEO for Suriname visit, oil development discussions high on agenda

All details will be revealed to Suriname’s President on Block 58’s development prospects, said TotalEnergies’ Chief Executive Patrick Pouyanné.  Speaking at the Barclays CEO-Energy Power Conference being held in New York, Pouyanné said that the oil field is big enough “to launch a sizeable deepwater development” but held other details close.  He is due for…
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Carbon credit market confidence ebbs as big names retreat

By Susanna Twidale and Sarah Mcfarlane LONDON, Sept 1 (Reuters) – Voluntary carbon markets have shrunk for the first time in at least seven years, as companies including food giant Nestle and fashion house Gucci reduced buying and studies found several forest protection projects did not deliver promised emissions savings. Preserving forests is crucial to meeting international goals…
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