Prince William charity invests with bank tied to dirty fuels

Another 2021 report, by sustainability analysts Chain Reaction Research, said both companies purchased palm oil from an Indonesian firm that has an affiliated mining project accused of deforestation in an orangutan habitat. An investigation in 2020 by Chain Reaction Research found that more than 500 hectares (1,235 acres) — over 1,000 American football fields — […]

UN chief taps Grenada’s Simon Stiell as new UN climate chief

Secretary-General Antonio Guterres announced the appointment Monday of Simon Stiell from the Caribbean island nation of Grenada as the new U.N. climate chief, calling him, “a true champion” of creative approaches to tackling the global climate crisis. Associated Press Although he doesn’t know Stiell personally, former U.S. State Department negotiator Nigel Purvis said Stiell “as […]

How to Feed the Planet

This year, Egypt is ground zero for two of the world’s biggest crises—food and climate. Egypt is the world’s largest importer of wheat, including from Ukraine. Russian aggression there has worsened the already rising risk of humanitarian catastrophes. Grain prices are now around 17 percent higher than during the Arab Spring in 2011, when food […]

Targeting road safety could save more than 500K lives per year, study finds

“The food sector makes up about 37 percent of global emissions, and when you look at deforestation it really has kind of an outside climate impact,” Niamh McCarthy of nonprofit Climate Advisers told Equilibrium. The Hill Reducing speed limits and implementing road safety interventions could save nearly 540,000 lives worldwide each year, a new study […]

Initiative launched to rank corporate climate claims using carbon offsets

“We need to have something that provides coherence and consistency across corporate claims around carbon credit use, in conjunction with their decarbonisation,” Mark Kenber, VCMI executive director told Reuters in an interview. Reuters A consultation for a global standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset […]

Sustainable palm oil: Market leakage remains a challenge

Only seven of the top ten suppliers of Indonesian palm oil for China had committed themselves to a no-deforestation, no-peat, no-exploitation (NDPE) policy as of January 2021, according to a report from sustainability think tank Chain Reaction Research.The report found that refiners without an NDPE policy or those not having implemented such principles accounted for […]

CO2 removal buyers unite

“Ensuring the quality of carbon removals will be central in building a credible carbon removals market,” said Mark Kenber, co-executive director of the Voluntary Carbon Markets Integrity Initiative, in a statement. “What this facility is doing is instrumental to the creation of such a robust removals market … Regardless of the type of investment or […]

War in Ukraine raises demand for palm oil and could increase deforestation in Indonesia

An investigation by Chain Reaction Research , which analyzes the effects of raw material exploitation on deforestation, “estimated that, as of April 2020, these NDPE commitments covered 83% of palm oil refining capacity in Indonesia and China. Malaysia”, the two biggest producers, underlined Rosenbarger. “In the last two years, specifically, we have also had to […]

Soaring Demand for Palm Oil Puts Rainforests at Risk Again

Pressure increased on palm oil producers in 2013, when fires set to clear rainforests blanketed Southeast Asia in a thick haze. Big palm-oil traders said they would stop buying from suppliers who wrecked the rainforest, amid broader concern about deforestation’s contributions to climate change. By 2020, 83% of Indonesian and Malaysian palm oil refining capacity […]