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China eyes launch of national emissions trade scheme by 2025

China is targeting the launch of a national emissions trading scheme during 2021-2025, said the head of the environment ministry’s climate change office in a briefing, Wednesday. This signals another delay for the long-awaited carbon trading platform.

Paris Agreement Committee discusses next steps

The Paris Agreement Implementation and Compliance Committee (PAICC) carried out a discussion focusing on how the PAICC will function by addressing substantive aspects of its draft Rules of Procedure.

Carbon capture vital for reaching climate goals, says IEA

A sharp increase in the deployment of carbon capture, utilization and storage (CCUS) technology is needed worldwide if countries want to meet net-zero emissions targets and slow climate change in line with Paris Agreement, IEA said on Thursday.

Equinor eyes at least 50% drop of net carbon intensity by 2050

Norwegian oil major Equinor launched a new climate roadmap to ensure a competitive business model in the energy transition, in line with Paris Agreement. Among others, the company aims to reduce the net carbon intensity of energy produced by at least 50% by 2050. 

Climate Action Pathways: Milestones for water infrastructure towards 2050

A key publication presented at the UN Climate Change Conference COP25 in Madrid last month suggests transformational actions and milestones towards carbon neutrality in key areas, such as energy, industry, transport, human settlements, water, land use, and resilience to the inevitable effects of climate change.

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