Financial Secretary: Hong Kong a “Reliable Partner” in Global Green Transition
Hong Kong Financial Secretary Paul Chan highlights the city’s commitment to climate action and its role in sustainable finance
Will the EU’s 2040 Climate Target Trigger a Global Carbon Market Revolution?
The EU is reintroducing international carbon credits into its climate strategy, aiming to balance ambitious emission reduction with cost-effective compliance.
CCS at a Turning Point, but Falls Short of Net-Zero Goals
The global capacity for CCS is projected to quadruple by 2030, marking a significant turning point for the technology
COP30 Presidency Push to Fast-Track Climate Agreements
Ambassador André Corrêa do Lago, president of the upcoming COP30, called on countries to leverage the upcoming Bonn sessions to accelerate climate progress.
India Announces GHG Emissions Intensity Rules
India notifies draft rules for GHG reduction, puts in place mechanism for carbon markets
Singapore, Chile Sign Carbon Credit Agreement
The carbon credit agreement creates a framework for high-integrity carbon credit transfers aligned with Article 6 of the Paris Agreement
NZBA Drops the Binding 1.5 DegreeC Net-Zero Mandate
NZBA allows banks greater flexibility in managing targets and transitioning balance sheets while maintaining net-zero by 2050 low or no overshoot 1.5°C pathways
Roche Aligns Decarbonization Strategy with SBTi-Validated Goals for Net-Zero
Roche’s decarbonization strategy aims to decrease emissions across all business divisions through strategies like supplier engagement, product lifecycle decisions, waste management, and business travel
India Says Aye to Carbon Tax on the Shipping Industry
The proposed global carbon tax require ships to switch to lower-emission fuels or pay pollution fees starting 2028, potentially generating $40 billion by 2030
Brazil Proposes, EU Cautions Forming Climate Change Council
Brazil’s proposal to establish a climate change council to expedite the implementation of COP decisions has sparked cautious responses from key developed countries
Breakthrough Energy Lays Off US and Europe Policy Teams
Breakthrough Energy, a climate group funded by Bill Gates, has laid off numerous US and European employees due to a shift in its public policy advocacy efforts
Brazil Lays Out the Vision for COP30
André Correa do Lago, President of COP30, presented Brazil’s vision for the summit, emphasizing resilience and decisive action over catastrophe, cynicism, and denial.
