Topics tagged with 'Paris Agreement'
Meat giant vows net-zero by 2040 amid record profits
26 Mar 2021
Brazilian company JBS, the world’s biggest meat processor, has announced record profits a day after it pledged to reach net-zero greenhouse gas emissions by 2040 – the first global meat and poultry company to do so.
Why we need a carbon club
25 Mar 2021
If the three biggest economies - China, the United States and the European Union - agree a carbon tax on imports, it will catalyse climate action globally, a new paper says.
ClimCom plan described as lacking in ambition
24 Mar 2021
Wellington City Council says its emissions reduction targets risk being undermined by the Climate Change Commission’s draft carbon budget.
'Historic' climate bill due before NI Assembly
24 Mar 2021
Supporters of Northern Ireland's first climate bill say it is an "historic moment".
Opportunities and challenges as Aotearoa embraces climate-resilient and low emissions
24 Mar 2021
MEDIA RELEASE - Aotearoa will create a number of opportunities and challenges across all sectors and communities, as it moves to a thriving, climate-resilient and low emissions society, He Pou a Rangi, the Climate Change Commission says.
Top emitters a long way from Paris goals - report
23 Mar 2021
The world's biggest carbon-emitting companies are far from aligning with the Paris Climate Agreement, a report by the leading climate-focused investor group shows.
Japan and China back coal despite Paris pledges
22 Mar 2021
Japan and China remain among the world’s top coal industry lenders and underwriters, says a report, despite both countries declaring intent ions to go carbon-neutral as part of their commitments to climate target set out in the Paris Agreement.
GCF approves loan for Liberia
22 Mar 2021
Songdo, Korea - To protect lives and build climate resilient livelihoods in the Liberian capital of Monrovia, the Green Climate Fund approved today $US17.2 million in funding for a new project that will benefit approximately 250,000 vulnerable people living in the Monrovia Metropolitan Area.
Cuba secures climate funds for coast
22 Mar 2021
The Green Climate Fund has approved $US23.9 million in finance for a coastal resilience project along Cuba’s southern coastline.
EV subsidy plan causes division
19 Mar 2021
Toyota New Zealand will continue to push for financial incentives for those buying electric vehicles when it responds to the ClimCom draft report.
UK calls for net--zero by 2050
19 Mar 2021
Alok Sharma sets out UK’s aims as host of climate talks, including new emissions targets for 2030.
First carbon auction clears at $36
17 Mar 2021
The first Government auction of carbon credits today saw all 4.75 million NZUs sell at $36.
Vaccine hold-up threatens representation at climate talks
17 Mar 2021
Climate diplomats in developing countries and civil society groups say slow vaccine rollouts in poorer nations threaten the inclusivity of negotiations at the Cop26 summit in November.
Paying for ecosystem services to save the planet
12 Mar 2021
The idea that ecosystems have monetary value now has global support — and creates a route to protecting Earth’s endangered regions.
EU border carbon levy could help poor countries
10 Mar 2021
Europe's future carbon border adjustment mechanism is part of the “new own resources” for the EU budget and must be used to combat global warming across the world, says MEP leading the project.
US urged to halve emissions by 2030
10 Mar 2021
The United States must halve its planet-heating emissions by the end of the decade to spur other countries to greater action, says a coalition of American environmental groups.
Economists, minister debate climate report
5 Mar 2021
Finance Minister Grant Robertson says the ClimCom draft advice on climate change is the most significant report in his lifetime.
Bank of England gets green remit
4 Mar 2021
The Bank of England’s remit has been changed to include a duty to support the country's net-zero carbon ambition.
Get rid of coal by 2030, Guterres tells nations
3 Mar 2021
United Nations Secretary-General Antonio Guterres on Tuesday called on wealthy nations to end coal use by 2030 so the world can meet its goals to curb global warming, urging G7 nations to make that commitment before or at a leaders' summit in June.
Climate pledges a long way from 1.5deg, UN warns
1 Mar 2021
Updated plans to reduce emissions barely make a dent in the huge cuts needed to meet global climate goals and the United Nations is calling for redoubled efforts.
How corporations gave politicians permission to deny reality
23 Feb 2021
Big companies donated to climate deniers in the US Congress—even while claiming to care about climate change. When those same lawmakers denied the results of the presidential election, the bill came due.
Questions over Samoa flood defence project
22 Feb 2021
Flood walls in Samoa financed by the UN’s flagship climate fund are inadequate and could put people in danger, experts warn.
Proving that taking care of forest pays carbon dividends
18 Feb 2021
New Zealand’s vast native forests may yet help the country meet its emissions reduction commitments under the Paris Agreement.
Millions will die if world fails on climate promises
17 Feb 2021
Scientists have looked at conditions in just nine of the world’s 200 nations and found that − if the world keeps its Paris climate promises, of containing global heating to “well below” 2deg by 2100 − millions of lives could be saved.
Put talks online, says Gueterres.
9 Feb 2021
Critical negotiations to prepare for November’s Cop26 climate summit will need to take place virtually as the coronavirus pandemic is still not allowing in-person meetings and further delay is not an option, according to UN chief António Guterres.
NEWS FLASH: NZ will increase its Paris target
31 Jan 2021
New Zealand will increase its 2030 emissions reduction target, the Government has just announced.
EXPERTS: Australia must halve emissions by 2030
29 Jan 2021
Australia will effectively be abandoning the Paris agreement unless it makes at least a 50 per cent cut in greenhouse gas emissions by 2030 and reaches net zero well before 2050, according to an analysis by policymakers and scientists.
US promises 'significant' investment in climate action
27 Jan 2021
The United States will “make good” on financial commitments to developing countries struggling with climate change, top US climate envoy John Kerry has told a summit of world leaders.
EDITORIAL: It's about to get real
26 Jan 2021
Welcome to 2021 – the year in which we will get our first hard look at the size of the job in front of us.
US return boosts chances of COP26 success
22 Jan 2021
The United States' return to the Paris Agreement is vital to the next round of negotiations, says former New Zealand climate ambassador Dr Adrian Macey.
Biden takes US back into Paris
22 Jan 2021
Joe Biden has moved to reinstate the US to the Paris climate agreement just hours after being sworn in as president, as his administration rolls out a cavalcade of executive orders aimed at tackling the climate crisis.
EDITORIAL: 202O - the year we got serious?
14 Dec 2020
Believe it or not, a 54 per cent rise in the price of NZUs this year does not make 2020 the year of the biggest gains.
Countries signal greater climate ambition but ‘step change’ needed on road to Glasgow
14 Dec 2020
As 2020 comes to a close, world leaders have sent a signal of their willingness to step up their climate ambition, at a virtual event celebrating the fifth anniversary of the Paris Agreement.
UN chief calls for more climate finance for poor nations as 2020 goal slips
14 Dec 2020
Rich nations are "lagging badly" on a longstanding pledge to channel $100 billion a year in funding, from 2020 onwards, to help poorer countries develop cleanly and adapt to the worsening impacts of climate change, the U.N. chief said on Saturday.
NZ cheering from the sideline in Sprint to Glasgow
11 Dec 2020
Officials will represent New Zealand at this weekend’s Sprint to Glasgow event marking the fifth anniversary of the Paris Agreement.
Brazil sets ‘indicative’ goal of carbon neutrality by 2060
10 Dec 2020
Brazil has announced it will aim for carbon neutrality by 2060, sparking anger among campaigners who say the pledge is meaningless and a deliberate distraction from president Jair Bolsonaro’s destruction of the Amazon rainforest.
Genesis says it will slash emissions
9 Dec 2020
The operator of the Huntly coal-and-gas-fired power station says it will cut greenhouse gas emissions in line with the Paris Agreement.
WORTH NOTING ...
9 Dec 2020
Today is the fifth anniversary of the Paris Agreement on climate change – an event being marked by the group Parents for Climate Aotearoa (formerly Millions of Mothers) with a lunchtime toy picnic at Parliament.
Parisversaire party to revive momentum on climate
9 Dec 2020
At the end of year dominated by the coronavirus pandemic, world leaders are expected to revive momentum for climate action with fresh commitments to bring the goals of the Paris Agreement closer.
Is the Paris Agreement strong enough to avert climate catastrophe?
9 Dec 2020
No-one who was in the hall that winter evening in a gloomy conference centre on the outskirts of the French capital will ever forget it. Tension had been building throughout the afternoon, as after two weeks of fraught talks the expected resolution was delayed and then delayed yet again.
UK announces stronger 2030 emissions target
7 Dec 2020
The UK government has announced it will slash greenhouse gas emissions at least 68 per cent by 2030, compared to 1990 levels, in line with independent advice.
Pressure mounts on UK to update its UN climate target
4 Dec 2020
Scotland and British businesses are piling pressure on the UK government to set an ambitious 2030 climate target ahead of a summit co-hosted by Britain and the UN on the fifth anniversary of the Paris Agreement.
OPINION: Time to 'fess-up on our climate record
2 Dec 2020
Following today's planned climate emergency declaration, New Zealand will have to face up to the fact it has one of the worst climate records of industrialised nations.
UK scrambles to decide first post-Brexit climate pledge
1 Dec 2020
Britain is preparing to announce its first solo carbon-cutting pledge to the Paris climate agreement, in a tight political manoeuvre ahead of an ambition summit on December 12.
Draft plan to criminalise ecosystem destruction
1 Dec 2020
International lawyers are drafting plans for a legally enforceable crime of ecocide – criminalising destruction of the world’s ecosystems – that is already attracting support from European countries and island nations at risk from rising sea levels.
NZ to push carbon trade deal to Europe and UK
30 Nov 2020
Joining a New Zealand-led trade pact on climate change could be more effective than putting up trade barriers on carbon, New Zealand will tell Europe and the United Kingdom.
Don't be too quick to dismiss the 'emergency'
30 Nov 2020
By PATTRICK SMELLIE | There was an outburst of skeptical tongue-clicking last Thursday when Climate Change Minister James Shaw announced New Zealand will this week declare a state of ‘climate emergency’.
FRIDAY POLITICS: Tough-talking Shaw
27 Nov 2020
Climate minister James Shaw appears to be sticking with the new bullish approach he’s adopted since the election.
Big bosses join to beat climate change
27 Nov 2020
Australia’s top corporate leaders have met to discuss tackling climate change in line with the Paris Agreement as part of an environmental initiative backed by Richard Branson’s The B Team.
Carbon-pricing rises as world's weapon of choice in climate fight
25 Nov 2020
Can you put a price on pollution? Some of the world's biggest economies are doing just that as they wrestle with how to make good on grand pledges to tame planet-warming emissions.
Urban rewilding combats global biodiversity decline
Wed 28 May 2025
Media release | A new study led by the University of Sydney reveals how cities around the world are restoring wildlife to their former habitats in the face of ongoing urban sprawl.
US dairy farmers consider return on climate-smart milk
22 May 2025
The approach is just one of many dairy practices now considered “climate-smart” because they could cut production of climate-warming gases.
Greenwashing is rife in Australia, but could its days be numbered?
Wed 28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Govt's RMA overhaul sparks fears for nature and climate
Fri 30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Govt mulls status quo for ETS auction settings
Thu 29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Pacific Island nations support China's Taiwan claims at high-profile foreign ministers' meeting
Fri 30 May 2025
Pacific nations have backed China's claim over Taiwan during a high-profile meeting, but have shied away from directly endorsing Beijing's push to "reunify" the democratically ruled island with the mainland.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
Fri 30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Owning a green home could cut mortgage payback time by two years
9 May 2025
A green certified home plus a green mortgage and associated energy bill savings could save Kiwi families up to $98,800 over the course of their mortgage - the equivalent of being mortgage-free several years early, according to new research.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
Watts talks big on energy reform, but barriers persist
Thu 29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
Fri 30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Glacier collapse buries most of Swiss village
Fri 30 May 2025
The Swiss village of Blatten has been partially destroyed after a huge chunk of glacier crashed down into the valley.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Water crisis on the horizon?
Mon 26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Why expensive gas – not net-zero – is keeping UK electricity prices so high
Wed 28 May 2025
The UK’s high electricity prices have become intensely political, with competing claims over the cause of rocketing bills and how best to get them down.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
Tue 27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
Nelson backs ‘ambitious’ emissions target, but mayor nervous
Mon 26 May 2025
By Max Frethey, Local Democracy Reporter | Nelson’s mayor has been accused of “pouring cold water” on ambitious greenhouse gas emission targets proposed for the city.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
While govt ‘refreshes’ fund for low carbon trucks, are transport emissions set to accelerate?
Wed 28 May 2025
By Liz Kivi | The government has announced it is updating the Low Emissions Heavy Vehicle Fund, however cuts to funds to decarbonise transport in last week’s budget, and potential changes to road user charges, could stall transport emissions reductions.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Kiwi cleantech companies on the world stage
Tue 27 May 2025
Six New Zealand 'cleantech' companies were in Singapore earlier this month, along with a venture capital firm and the MacDiarmid Institute, to meet investors and multinational partners.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
New research reveals NZ’s natural resource footprint
Thu 29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
World’s nations to gather in France to tackle what UN says is a global emergency in the oceans
Fri 30 May 2025
The world’s nations are gathering in France next month to tackle what the United Nations calls a global emergency facing the world’s oceans as they confront rising temperatures, plastic pollution choking marine life, and relentless overexploitation of fish and other resources.
Warm water affecting Antarctica’s largest ice shelf - new research
22 Apr 2025
While Antarctica’s Ross Ice Shelf is currently stable, new research shows warm water is reaching up to 170 kilometres under the front of the ice shelf.
NZ's first chance in 20 years to catch up on waste
Fri 30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
For the first time, China invests more in wind and solar than coal overseas
Thu 29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
A fungus that can ‘eat you from the inside out’ could spread as the world heats up
Tue 27 May 2025
Infection-causing fungi responsible for millions of deaths a year will spread significantly to new regions as the planet heats up, new research predicts — and the world is not prepared.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
More than 1 in 4 cars sold globally in 2025 expected to be EV: IEA report
Mon 26 May 2025
According to the Global EV Outlook 2025 report from the International Energy Agency (IEA), 2025 is set to be big for EV sales. The report predicts that about one in four cars sold worldwide this year will be electric, despite overall market uncertainties.
Europe’s next climate target may already have been agreed in Berlin
Wed 28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Global sea levels rise spelling catastrophe for coastal towns and cities
14 May 2025
For around 2,000 years, global sea levels varied little. That changed in the 20th century. They started rising and have not stopped since — and the pace is accelerating.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
NZ moving too slowly to decarbonise – former commission chair
22 May 2025
By Liz Kivi | New Zealand's energy transition is too slow and too controlled by vested interests, according to former Climate Change Commission chair Rod Carr.
