In a world first, carbon credits are to be counted for the first time under the United Nations Climate Paris Agreement. These have just been issued for a soil carbon project under the Australian Emissions Reduction Fund. The credits were received by the Grounds Keeping Carbon Project, which showcases the work of an innovation and farming system in Victoria that creates soil carbon in pastures at rates that are comparable with forests.
Articles Tagged: Paris Agreement
Finding space for renewables
A new science study shows that countries including the top 10 emitters can meet the Paris Agreement energy targets and maintain natural climate solutions by prioritizing development of renewables on already converted lands and avoiding conversion of natural lands. The analysis also reveals that the world has 19 times the required energy targets on converted lands.
Sustainable forestry: Republic of Korea has lessons to offer to developing countries
As UN Climate talks kick off this week in Poland, it’s clear that delivering on the Paris Agreement requires action on natural climate solutions alongside efforts on energy, industry, buildings and transport. If we are to unlock natural climate solutions, as with all sectors of the economy, negotiators at COP24 need to agree clear guidance for governments to follow, known as the Paris rule book.
How big data can help us fight climate change faster
Big data — whether historical or real-time — can also help us tackle the problem, for example by locating harmful emissions or identifying pressure points along the supply chain. This transformative change in data capabilities is an example of what the World Economic Forum refers to as the Fourth Industrial Revolution.
The deforestation risks lurking in the banking sector
Are financial institutions overlooking a critical climate risk? Deforestation and forest degradation account for around 15% of human-made emissions, second only to fossil fuel combustion. More than half of deforestation is the result of the production of commodities such as soy, palm oil, pulp and paper, and cattle products. Read more from Celine Herweijer, UK PWC partner.