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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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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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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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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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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In the past decade, the phrase “put a price on carbon” has gathered steam around the globe. And carbon pricing has been hailed by scientists, economists, and business leaders as one of the most cost-effective tools to decarbonize economies. But the exact price—typically expressed in terms of value (e.g. dollars or other local currency) per…
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Analysis of current status and opportunities in forestry digitalization market AFRY has supported Business Finland to analyse theSmart Forestry market and identify opportunities for Finnish companies in the sector: Business Finland has launched a Smart Forestry programme, aiming at identifying newbusiness opportunities in the global sustainable forestry and wood sourcing value chain,leveraging from Finnish know-how…
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At the end of 2022, an international consortium led by Technopolis Group was awarded a 4-year contract for the implementation of the European “Mission Restore our Ocean and Waters” support platform for The European Climate, Environment and Infrastructure Executive Agency (CINEA), and in close collaboration with the European Commission (EC) Directorate-Generals MARE and RTD. The…
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Lula, the president of Brazil, speaks to his minister of Indigenous peoples, Sonia Guajajara, at the Amazon summit. Photograph: Ricardo Stuckert/Brazilian presidency/AFP/Getty Eight South American presidents including Brazil’s Lula say rich countries need to pledge more resources to help protect rainforest Tom Phillips in Belém, Patrick Greenfield and agencies Amazon leaders have called on rich…
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AFP – Demonstrators, including indigenous people from Amazon countries, marched in Belém on Tuesday as the summit kicked off By Katy Watson in Belém, Brazil & Christy Cooney in London BBC News The eight countries that share the Amazon basin have fallen short of an agreed goal to end deforestation. Delegates from the countries are…
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