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Enhanced risk management solutions with carbon credit insurance cover unveiled in new ClearBlue-Kita partnership

Carbon Pulse - Wed, 2024-05-15 04:13
ClearBlue Markets and Kita have formed a partnership aimed at enhancing the voluntary carbon market (VCM) by offering improved data accuracy, risk mitigation, and transparency in credit transactions.
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UK is failing to put climate crisis at centre of national security measures, MPs told

The Guardian - Wed, 2024-05-15 03:37

Experts say changing climate is ‘threat multiplier’ and that US and Germany already include it in planning

The US, Germany and other countries are putting the climate crisis at the heart of their national security plans but the UK is failing to do likewise, experts have told the government.

Extreme weather and heat are killing increasing numbers of people, damaging economies and forcing millions around the world to flee their homes, adding to an already unstable geopolitical situation, MPs were told on Tuesday at a select committee hearing.

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Financial services companies pilot tokenised carbon credit transactions in Hong Kong

Carbon Pulse - Wed, 2024-05-15 03:31
A group of financial service companies has successfully completed a proof-of-concept (POC) pilot in Hong Kong that explored the operational and risk management benefits of tokenised deposits to facilitate the settlement of tokenised carbon credit transactions.
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Sunak’s food security plan fails to fix immediate problems, says farming chief

The Guardian - Wed, 2024-05-15 03:30

National Farmers’ Union president warns food production is likely to drop next year and says farmers need help right now

Rishi Sunak’s plan to improve the UK’s food security will not help build farmer’s confidence in the short-term, the head of the country’s biggest farming body has said.

Food production was likely to drop next year, said Tom Bradshaw, the president of the National Farmers’ Union, who warned that the prime minister’s plan, published during the UK’s second annual Farm to Fork summit, failed to give farmers the solutions they needed.

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UK energy company to build world’s first wood-powered cargo ship

Carbon Pulse - Wed, 2024-05-15 02:53
A British energy firm with ambitions to become a global player in bioenergy with carbon capture and storage (BECCS) has drawn up plans for the world’s first wood-powered cargo ship.
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Heat exposure of older people across world to double by 2050, finds study

The Guardian - Wed, 2024-05-15 02:48

Extra 270 million adults aged 69 or over will suffer dangerous heat levels of 37.5C amid global heating and ageing populations

The heat exposure of older people will at least double in all continents by 2050, according to a study that highlights the combined risk posed by a heating world and an ageing population.

Compared with today, there will be up to an extra 250 million people aged 69 or above who are exposed to dangerous levels of heat, defined as 37.5C. The paper warned this is likely to create biological and social vulnerability hotspots with increasing concentrations of older adults and high temperature extremes.

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CF TURKIYE: EU CBAM to drive Turkish decarbonisation, experts say

Carbon Pulse - Wed, 2024-05-15 02:32
The EU's Carbon Border Adjustment Mechanism (CBAM) should drive Turkiye's industries towards decarbonisation, providing incentives for emission reductions, experts said last week during a panel on the policy's impact on the MENA region.
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Ghana urges govts to rapidly develop policy frameworks for Article 6

Carbon Pulse - Wed, 2024-05-15 01:58
A key figure in the development of Ghana’s Article 6 policy framework has urged other countries to rapidly develop similar policies if they wish to capitalise on the opportunities of sovereign carbon trading.
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Business groups team up to develop CO2 pricing for building sector

Carbon Pulse - Wed, 2024-05-15 01:31
Large industry associations have announced a new taskforce to develop a comprehensive carbon pricing strategy for the real estate sector, along a whole value chain perspective.
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ANALYSIS – Cookstoves at a crossroads: Methodologies, media, lack of demand in focus at Paris summit

Carbon Pulse - Wed, 2024-05-15 01:11
Speakers and attendees at an international clean cooking summit in Paris on Tuesday highlighted the impact of the media on the voluntary carbon cookstoves sector, the optimism and challenges facing the rollout of new methodologies, and urged a focus on generating fresh credit demand to help address the surplus of units in the market.
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Last summer hottest in 2,000 years, ancient trees reveal

BBC - Wed, 2024-05-15 01:01
Clues hidden deep in their trunks shows just how unprecedented last year's heat was.
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AI cuts carbon capture and storage design time from 100 days to just one

Carbon Pulse - Wed, 2024-05-15 00:55
Artificial intelligence (AI) has been used to cut the design time for carbon capture and storage (CCS) from a typical length of 100 days to just one day.
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COP29 host expects parties to find “tangible” Article 6 outcome in Baku

Carbon Pulse - Wed, 2024-05-15 00:44
Ensuring a clear outcome on Article 6 will be a priority for Azerbaijan at the UN COP29 summit in November, the country's President-Designate told an international event in Paris on Tuesday.
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French company edges closer to issuing water credits

Carbon Pulse - Wed, 2024-05-15 00:42
A French environmental company has moved one step closer to issuing water credits, as its methodology has been validated by an independent verification body following the launch of a pilot in Mexico.
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Ecuador’s debt-for-nature swap still missing key policies, one year on, says NGO

Carbon Pulse - Tue, 2024-05-14 23:47
One year after Ecuador’s debt-for-nature swap — the world’s largest to date — there is still no evidence that the country has operating procedures in place to allocate funds or guide investment, according to a report released by a Latin American debt justice NGO this month.
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Aussie budget delivers ACCU cash, huge tax incentives for minerals, hydrogen

Carbon Pulse - Tue, 2024-05-14 23:24
Australia’s budget will see another A$48 million ($31.7 mln) for reforms to the Australian Carbon Credit Unit (ACCU) scheme, in addition to billions of dollars in tax credits for critical minerals and green hydrogen development and another A$41 mln for a nature repair market, Treasurer Jim Chalmers announced on Tuesday.
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Malaysian industries seen aware of, but not ready for the EU’s CBAM

Carbon Pulse - Tue, 2024-05-14 22:21
Industries across Asia, especially in Malaysia, are aware of the EU’s Carbon Border Adjustment Mechanism (CBAM) but are not yet “ready enough” to face it, a project developer told a conference Tuesday.
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Malaysian carbon project developer admits local engagement work has been insufficient  

Carbon Pulse - Tue, 2024-05-14 21:56
A controversial carbon project developer in Malaysia on Tuesday said it has spent over a year on its free, prior, and informed consent (FPIC) process with local residents, but acknowledged that some affected communities still do not know about its work.
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Donors pledge $2.2 bln in fresh funding to ensure clean cooking for all in Africa

Carbon Pulse - Tue, 2024-05-14 21:49
Governments, international organisations, and private sector donors have pledged $2.2 billion to provide clean cooking for all in Africa by 2030 at a summit in Paris on Tuesday, with voluntary carbon finance cited as a key means of reaching this target.
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