🌳 Tree money talks: from Panama’s carbon credits to Scotland’s clawbacks, forest finance is heating up 🌍💸 #ClimateFinance #Reforestation

https://groundtruth.app/this-week-in-forest-finance-may-29/

Who’s funding forests this week? From UK woodland grants to Microsoft’s megaton ARR deal, here’s the latest on the green money trail 🌳💸
#ClimateFinance #Reforestation #CarbonMarkets #NatureBasedSolutions #ForestNews

https://groundtruth.app/this-week-in-forest-finance-may-15/

"Meanwhile, companies like Aldi, Everton Football Club, and the National Grid are seeking planning permission from local authorities to turn to Environment Bank with the view to purchase Biodiversity Units, which will enable them to meet the new BNG requirements where it is not possible (or, perhaps, less cost-effective) to restore biodiversity on the new construction site. As the biodiversity of the habitat bank improves, so does the number of Biodiversity Units that the site is worth, meaning that Environment Bank can sell more of them, and the value of the “biodiversity asset” that Gresham House owns increases.

What’s not to like? Everyone makes a buck—or saves a few, in the case of the developers—and flora and fauna, which the over-farmed land hasn’t seen for centuries, return. Unfortunately, things are not so simple. There is every reason to predict that such attempts to render nature initiatives “investable” will be even less successful than they have been at pursuing decarbonization in energy and transport, not just because of the relatively nominal scale of financing efforts in the former vis-a-vis the latter, but also because of the particular uncertainties embedded within them. It is only by looking at the whole picture of climate financing flows—and the other sectors and material demands of the green transition—that we can begin to reckon with the fundamental limitations of our existing climate governance regime, and what alternatives to it might look like."

https://www.phenomenalworld.org/analysis/unbankable-transitions/

#UK #HabitatBanks #GreenTransition #Investability #ClimateFinance #ClimateChange #GlobalWarming

🌍 PowerNetZero.org is live — a prototype platform modeling net-zero power systems in 9 countries using open-source #PyPSA-Earth.

We show what infrastructure is needed, how much it costs, and where to invest for max impact.

🚧 It is an early prototype. We need funding to scale, improve, and add countries. Know a funder? Let’s talk!

🔗 https://powernetzero.org/

#ClimateFinance #OpenSource #NetZero #FreeTheModels

Stripping German foreign office of climate responsibility risks weakening international dimension – experts

https://www.cleanenergywire.org/news/stripping-german-foreign-office-climate-responsibility-risks-weakening-international-dimension-experts #COP30 #climateaction #climatefinance #diplomacy