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Ottawa vows to bring in methane emissions regs. Alberta promises to never implement them.

Corporate Knights

After signing on to the Global Methane Pledge two years ago during the COP26 meeting in Glasgow, Canada released a methane reduction strategy in September, 2022 that affirmed the 75% reduction from 2012 levels by decade’s end, Guilbeault’s department recalled in a backgrounder published earlier today.

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Three New Business Models to Achieve Carbon-Reduction Goals

3BL Media

They also will need new business models that support CO 2 reductions, such as the Cooperative Approaches defined at the 2021 United Nations Climate Change Conference (COP26) in Article 6, paragraph 2 of the Paris Agreement. million by 2028 from an estimated $223 million in 2022. Model 1—Joint Crediting Mechanism.

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On track for net zero? Observers respond to the UK government’s ten-point green plan

Envirotec Magazine

And nearly £500 million will be spent in the next four years on the development and mass-scale production of electric vehicle batteries. Nuclear will also be advanced as “a clean energy source”, and £525 million is available to help develop large and smaller-scale nuclear plants, and research and develop new advanced modular reactors.

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Amazon Bond a “Template” for Upscaling Carbon Removals

Chris Hall

Investors believe a first-of-its-kind bond tackling deforestation in Brazil has set a precedent for transactions seeking to increase private investment into climate solutions in emerging markets and developing economies (EMDEs). Defensive bonds like this [one] help to protect portfolios from draw-downs in large ‘risk off’ events.

Banking 69
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1.5°C “Goalposts” Must Not Be Moved Post-COP28

Chris Hall

C world has already had significant impacts including droughts and wildfires. “At COP26 the message was let’s keep 1.5°C It also said that if stronger action is not taken ahead of the second Global Stocktake in 2028, there may be a “devastating reality” of global temperatures far exceeding 1.5°C. At COP27 it was 1.5°C

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Breathing Room

Chris Hall

At COP26, 112 countries signed the Global Methane Pledge , committing to reducing global methane emissions by at least 30% by 2030. Making the rules Investors have recognised that voluntary industry action on methane will “never be sufficient” without “strong, common-sense regulation”, says Logan at Ceres.