Chris Hall

MAY 1, 2024

In 2024, the number of listed companies with a climate commitment validated by the Science Based Targets initiative (SBTi) jumped to 20% from just 12% in 2023. This steep growth marks SBTi as a focal point of corporate climate action, said Guy Turner, Head of Carbon Markets at MSCI.

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Chris Hall

JANUARY 3, 2024

Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled.

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Chris Hall

FEBRUARY 1, 2023

As media investigations reignite the debate on the viability of carbon offsets, academics argue for wider stakeholder engagement and changes to carbon accounting approaches to build robustness. Greta Thunberg said it showed “the ugly truth of carbon offsetting”. appeared first on ESG Investor.

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Chris Hall

JUNE 7, 2022

At the same time, carbon offsetting has come in for criticism for being a substitute for real climate action, distracting from the challenge of cutting emissions from business and industrial processes in line with the targets set out in the Paris Agreement to limit global warming. .

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Chris Hall

JUNE 5, 2024

The prime purpose of voluntary carbon markets (VCMs) is to limit climate change, by allocating capital to projects that offset, remove or avoid emissions through the generation and sale of credits. BloombergNEF’s recent carbon offsets outlook report noted that the market could be worth US$1.1

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Chris Hall

MARCH 3, 2023

It is clear from current regulation the aim globally is for carbon neutrality by 2050. While the Paris Agreement does not include the international aviation industry it is clear the intention is to reach net zero by 2050. MtCO2e by 2050. MtCO2e by 2050.

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Chris Hall

AUGUST 2, 2023

The aviation industry will not be able to align with Paris Agreement goals without a massive scale-up in the use of SAFs,” Selih said. Trouble on the tarmac A key challenge in scaling up SAFs comes from production.

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3BL Media

DECEMBER 6, 2022

SUMMARY: Aligned With the Paris Agreement and Approved by the Science Based Targets Initiative (SBTi), JetBlue Commits to Reduce Jet Fuel Emissions 50% Per Revenue Tonne Kilometer by 2035 From 2019 Levels. Refreshed Carbon Offsetting Strategy. SOURCE: JetBlue Airways.

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We Mean Business Coalition

OCTOBER 11, 2024

But when Figueres, the renowned Costa Rican diplomat and one of the key orchestrators of the Paris Agreement herself, came on board, via her own organization Global Optimism (“a group of stubborn climate optimists”) — we all sat up to listen. Beating the Paris Agreement’ is a huge statement to make.

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Chris Hall

JUNE 21, 2023

The draft implementation plan will outline specific objectives, deliverables and timelines to enhance the integrity of voluntary commitments and their contributions to the Paris Agreement, identify systemic barriers faced by non-Party stakeholders, and improve transparency regarding the systemic impact of those who have not made or are failing to deliver (..)

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Chris Hall

MAY 4, 2022

There are other areas in which the TPT will have to set their own expectations, spanning from reliance on carbon offsetting and carbon capture and storage (CCS) technologies to transparency on climate lobbying. . C of global warming promised by signatories of the Paris Agreement. . Throwing down the gauntlet

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Corporate Knights

NOVEMBER 16, 2022

At COP27, French President Emmanuel Macron supported Mottley’s call for a shake-up in how international finance works, and together they have agreed to set up a group to suggest changes at the next meeting of the IMF and World Bank governors in spring 2023. A new set of “high-integrity carbon credit principles” is expected in 2023.

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Corporate Knights

JULY 25, 2023

The announcement is meant to deliver on the 2023 subsidy phaseout deadline contained in Prime Minister Justin Trudeau’s December, 2021 mandate letters to Guilbeault and Finance Minister Chrystia Freeland. Carbon Capture Backed by Carbon Offsets?

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Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

NOVEMBER 16, 2022

The ETA will create a new class of carbon offsets that either represent investments in EMDE renewable energy projects or converted reductions in emissions from the power sector (such as coal-fired electricity). A next version of the code will be published early 2023. . How will the ETA work? . Discussions around Article 6.4

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