The past week has brought news of friendly competition between disruptive sustainability projects, with the winners of the prestigious Earthshot Prize being announced. Earthshot's awardees are not alone in their recent achievements, however, with several others having similarly innovated their way to the top.
SKOOT has developed a streamlined platform that helps brands and individuals to take small steps towards reducing their climate footprint. The London-based startup was founded in 2019 by Greg Gormley and Mark Stringer, building on the success of their previous business.
Norway’s Norges Bank Investment, manager of the country’s sovereign wealth fund has joined the Partnership for Carbon Accounting Financials (PCAF) signalling significant impact for the growth of standardised carbon accounting. The last week also saw some EU state support for climate action, warnings on lobbying and some focus on banking behaviour.
The current cost-of-living crisis, energy security, a climate emergency… the forestry and woodland sector has an overarching and sometimes surprising role in addressing all these challenges.
So, your business has calculated its carbon footprint and reduced its emissions as much as possible, but what plans have you got in place to tackle your residual carbon emissions? These are the stubbornly remaining emissions you still have showing ‘on the books' that you simply can’t reduce any further, within the capabilities of our existing low-carbon technology.
It's been a momentous week for climate action, as the Intergovernmental Panel on Climate Change (IPCC) published its 2023 report, highlighting that there is "a rapidly-closing window of opportunity" to ensure a liveable future for all. It came days before world leaders gathered in New York for the UN 2023 Water Conference.
As companies are under pressure to cut their emissions, many are implementing their own nature-based solutions (NbS) instead of buying external credits, in a practice called carbon ‘insetting’.