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? Blackrock’s $550M DAC bet #174

Climate Tech VC

Meanwhile, Michigan approves a bundle of clean energy bills, the UN irons out details for the "loss and damages" fund ahead of COP, and Flexport launches a book and claim model for SAFs.  Tech-enabled credits continue to constitute a big chunk of an anticipated $1T voluntary carbon market , and Oxy is on a development frenzy.

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Alok Sharma: 'I want to urge all businesses to join the Race to Zero Coalition'

Business Green

COP26 President Alok Sharma's speech yesterday to the Let's Build Back Better event hosted by the British High Commission in Wellington. Thank you to the British High Commission for organising this event. As members of the High Ambition Coalition, the Cartagena Dialogue, and the Carbon Neutrality Coalition. koutou katoa.

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Preparing for COP26

Envirotec Magazine

What are the big priorities for COP? Clearly it will be a major achievement for the UK government if the UK can hold a successful COP, so one can only assume the will is there to try to bring it off. One solution might be carbon pricing, and the imposition of such a measure was Bordini-Staden’s “biggest hope” for COP26.

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Iberdrola Criticised for COP26 ‘Greenwash Gimmicks’ While Expanding Gas-Fired Power

DeSmogBlog

Alongside executives from Iberdrola and its subsidiary ScottishPower – a COP26 “principal partner” – the event organising team includes figures from the UNFCCC, the Scottish government, the International Energy Agency and WWF. We have existing combined cycle [gas] plants operating in Mexico”, he said.

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'An atlas of human suffering': Top figures react to IPPC's latest climate warning

Business Green

Unchecked carbon pollution is forcing the world's most vulnerable on a frog march to destruction - now. As current events make all too clear, our continued reliance on fossil fuels makes the global economy and energy security vulnerable to geopolitical shocks and crises. Nearly half of humanity is living in the danger zone - now.