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Super fund investment could see the five green hydrogen projects reach financial close significantly faster than the expected 2023 deadline.

The post Super fund Hesta aims to pump $100 million into Australian green hydrogen play appeared first on RenewEconomy.

Hosting the world’s climate negotiations could be a very big deal. But the government will need to show Australia has changed by bringing more to the table, and taking coal and gas off the menu. Wesley Morgan, Research Fellow, Griffith Asia Institute, Griffith University Licensed as Creative Commons – attribution, no derivatives.

India wants to embrace an environment-friendly lifestyle to fight climate change - but what about its economy?

Floods upend the plans of humans and wildlife – but after the water calms, it’s boom time for nature. Paul Humphries, Associate professor in ecology, Charles Sturt University Keller Kopf, Lecturer, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.

The government sees them as a way to lessen the impact of a lack of rain but some farmers are wary.

Demonstrators in Amsterdam stopped private jets taking off ahead of the UN Climate Change Conference.

Brazil's development bank BNDES has agreed to buy BRL100 million ($19.4 mln) in voluntary carbon credits under its second tender process, a large increase from its pilot purchase this spring.

Cash-strapped contractor in delayed and over-budget Snowy 2.0 project is bought out by partner for a peppercorn sum.

The post Intrigue as Webuild buys out cash-strapped Snowy 2.0 contractor partner in fire sale appeared first on RenewEconomy.

Bloomberg Philanthropies and an investment management firm on Tuesday announced an initiative to scale the voluntary carbon market (VCM), mimicking other efforts over the past two years to provide standardised VER contracts while also increasing CO2 removal capacity.

A major carbon market registry has laid out a timeline for developing a forest protocol specific to one Central American country that will begin this month and wrap up in roughly a year. 

Santos indicates its decarbonisation efforts continue to creep forward, but told investors it will replenish and sustain its large-scale fossil fuels projects into the 2040s.

The post Santos splits future energy team, commits to large scale fossil fuels “into the 2040s” appeared first on RenewEconomy.

The Mexican environment ministry on Tuesday announced the country will submit an enhanced Paris Agreement pledge at the COP27 climate summit, with President Andres Manuel Lopez Obrador’s (AMLO) administration having come under legal challenges for backtracking on the nation's original commitment.

Private sector leaders, climate experts, not-for-profits, and other observers on Tuesday threw their weight beyond an initiative seeking to build credibility and trust around net zero commitments made by non-state actors.

Melanesia’s tropical islands are home to at least 700 species of frogs – many with tiny ranges. We must safeguard these biological treasures. Paul Oliver, Postdoctoral Researcher in Biodiversity and Evolution, Griffith University Deborah Bower, Lecturer in Ecosystem Rehabilitation, University of New England Licensed as Creative Commons – attribution, no derivatives.

An Africa-focused carbon removals certification body aims to launch by registering carbon credit-generating biochar facilities in December, the initiative's representatives told a panel at COp27 on Tuesday as experts touted the continent's potential to generate removals at scale.

Ukrainian president says Russia’s invasion has forced dozens of countries to resume coal-fired power to alleviate energy costs

• Cop27 live – latest news updates

The Ukrainian president, Volodymyr Zelenskiy, has told world leaders they will not be able to tackle the climate crisis unless Russia’s invasion of his country ends.

“There can be no effective climate policy without the peace,” he said in a video address at the Cop27 UN climate summit in Egypt on Tuesday. “The Russian war has brought about an energy crisis that has forced dozens of countries to resume coal-fired power generation in order to lower energy prices for their people, to lower prices that are shockingly rising due to deliberate Russian actions.”

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Giving up means "consigning us to a watery grave" Bahamas PM tells UN climate summit COP27.

If climate catastrophe is to be avoided, the governments and institutions of the rich west will have to alter their priorities

Making a transition away from fossil fuels and towards low-carbon energy is the only way to keep our planet safe and habitable for future generations. That transition has thankfully begun, but it has a vast distance to go. And the kinds of changes that are needed cost money. Development of new technology has always required investment. This applies to the generation of renewable energy, and to the myriad lifestyle changes that follow from the shift away from coal, oil and gas. Electric cars and other transport are one example. Packaging to replace plastic (which is derived from oil) is another. Resources are also required to protect societies from the harms caused by the global heating that has already happened, and to help them adjust to altered conditions.

A new report presented at the Cop27 UN climate summit says that about $2tn (£1.75tn) a year will be needed by 2030 if developing countries are to make the necessary changes. One of the authors, Nicholas Stern, pointed to a crucial role for the World Bank as well as western governments in redirecting finance and reducing the cost of capital for investors (banks typically charge higher interest on investments in poor countries, due to perceived risks).

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Climate campaigners appeal against plans for more flights after original council veto was overruled by central government

Expanding Bristol airport would lead to an unacceptable rise in carbon emissions, a court has heard.

The high court, sitting in Bristol on Tuesday and Wednesday, heard from climate campaigners challenging a central government decision to allow Bristol airport to expand its maximum capacity from 10 million to 12 million passengers a year.

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Mia Mottley has celebrated 'loss and damage' – the idea that rich countries, having emitted the most planet-warming gases, should pay poorer countries who are suffering from climate disasters they did not create – being added to the agenda of Cop27.

The prime minister of Barbados sees it as her mission to begin the restructuring of international financial institutions to hold them accountable for the climate crisis, and this summer held key meetings in Bridgetown, the Barbadian capital, aimed at developing new means of financing climate action

• Cop27: US: latest updates

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