How Carbon Credits, Carbon Offsets and Taxes are Priced Between talk of carbon credits, carbon offsets, and of course carbon emissions, it can feel like carbon is everywhere. But unless you understand carbon pricing, you’ll never understand how – and why – carbon markets work the way they do. Let’s break down carbon pricing, starting with a simple…
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By Amy Adams and Anneke Cole Stanford’s first new school in 70 years will launch this fall as the Stanford Doerr School of Sustainability, recognizing a $1.1 billion gift from John and Ann Doerr, the largest in the university’s history. The commitment, together with gifts from other generous donors, will extend the university’s scholarship and dramatically…
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Jennifer L John Doerr donated $1.1 billion to Stanford to build a new climate school. Mr. Doerr’s gift is the highest ever given to a university for building a new school. It will be named the Stanford Doerr School of Sustainability. The gift makes the Doerrs the lead donors of climate change research and scholarship. It…
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Singapore and Indonesia have entered into a Memorandum of Understanding (MoU) regarding climate change and carbon credits. Currently, Singapore is the center of commodity trading in Asia. Indonesia is among the biggest carbon credit suppliers in the region. It is also home to one of the earth’s biggest rainforests. The agreement between the two countries allows them…
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*As the Government of Indonesia takes lead on leveraging blended finance as a tool to advance development projects in the country, and private investors increase investment towards Indonesia’s long-term development plans, Indonesia is set to be a model for how blended finance can achieve sustainable and inclusive development in the region. * As the fourth…
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Closing the Global Biodiversity Financing Gap Foreword and Executive Summary The world is in the midst of one of the most dramatic extinction episodes in history. The signs of biodiversity loss are everywhere. Tropical forests, our greatest stores of biodiversity and carbon, are in retreat. Coastal wetlands, vital to migratory birds and fisheries and also…
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Oil Galore eyesonsuriname Amsterdam, 11 November 20211–Suriname came out swinging at the launch of the 2nd Bid Round for its Shallow Offshore Acreage, promising potential bidders a collective reward of over 91 billion barrels of original oil in place. Based on the outcome of an independent prospects re-mapping study, the regarding acreage seems to include around…
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Jan Wurzbacher To restrain global warming, we know we need to drastically reduce pollution. The very next step after that: using both natural and technological solutions to trap as much excess carbon dioxide from the air as possible. Enter Orca, the world’s first large-scale direct air capture and storage plant, built in Iceland by the…
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Fitch Ratings – New York – 16 Jul 2020: Fitch Ratings has upgraded Suriname’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from ‘RD’. Fitch has also upgraded the issue rating on Suriname’s 2023 notes to ‘CC’ from ‘D’. KEY RATING DRIVERS The upgrades follow the completion of the “consent solicitation” to reschedule the principal…
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The successful drilling, carried out in an offshore location about 185 kilometers from the coast and at a water depth of 904 meters, has revealed several oil-bearing campanian sandstone reservoir packages, the company announced on November 2. The Roystonea-1 well reached a total depth of 5,315 meters. Petronas said that the discovery is poised to…
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