After Doha - An IISD Commentary
You might also be interested in
Can a $20 billion bet wean Indonesia off coal?
Less than a year after it was announced, a $20-billion bet to wean Indonesia off coal is mired in controversies over financing and the construction of new plants to power industry. The Just Energy Transition Partnership for Indonesia was unveiled last November and follows a model first trialed in South Africa, with rich countries pledging funds for the developing world's energy transition.
Experts concerned over EU due diligence law's impact on Global South
Experts have welcomed the proposed EU law to hold companies accountable for adverse impacts along their entire value chain, but have also raised concerns about the negative impacts the new due diligence rules could have on economies of the Global South. The proposed corporate sustainability due diligence directive seeks to ensure that large EU companies and businesses operating in the EU identify, prevent, and mitigate their adverse impacts on human rights and the environment throughout their value chain. But the law has also raised concerns over the unintended consequences it could cause to economies in the global south.
Canada, a giant oil producer, urges others to end fossil fuel subsidies
Canada is pushing the United States and other major economies to follow through on pledges to phase out "inefficient" fossil fuel subsidies, which have soared despite the growing threat of climate change. Such subsidies hit records last year, according to several watchdog groups, including one that estimated that major world economies—members of the G-20 cooperation forum—surpassed $1 trillion in subsidies for the first time in 2022. That’s a fourfold increase over subsidy levels in 2010, the year after G-20 nations agreed to phase out support for fossil fuels.
Carbon sequestration among a plethora of carbon delusions
A recent report sponsored by an environmental advocacy group and think tank, the International Institute for Sustainable Development, examined carbon capture and storage. The new research draws on available data from about 30 currently operating commercial carbon capture facilities globally, including a handful in Canada.