Airfix’s Post

🌍 Tackling the Carbon Dioxide Removal (CDR) Gap: A brief Insight In a world grappling with the climate crisis, CDR must play a vital role alongside rapid emissions reductions to meet the 1.5°C goal. Yet, as revealed in the recent analysis, there is a "CDR gap"—countries’ proposed CDR efforts fall significantly short. A recent study published by William F Lamb and his team in #NatureClimateChange highlights that while some nations plan to expand land-based CDR, scaling innovative methods like BECCS, biochar, or DACCS remains largely absent. Achieving net-zero goals will require urgent action—both accelerating emissions cuts and investing in scalable CDR technologies. Without this dual approach, the gap widens, placing our climate targets at serious risk. This is my climate science research pick for the week and you can read the full paper here: https://lnkd.in/et9eJZx4 🌱♻️#NetZero #ClimateAction #CDR #IAMs #CarbonRemoval #Sustainability

📢 In case you missed the news, the EU has approved the Carbon Removal Certification Framework (CRCF)! This is a HUGE step forward to set a new standard for transparency and quality in carbon markets.🌎🌱 Why is this even more important now? 🤔 The CRCF will help ensure that carbon removal projects are legitimate and actually making a difference, which is critical as we face increasing climate challenges. How? The CRCF will: ⚙️ Raise the bar for integrity ⚙️ Incentivise long-term carbon storage ⚙️ Drive market evolution ⚙️ Boost transparency and traceability Want to learn more about how the CRCF will impact carbon markets and what it means for companies like us? 🤔 Read our latest blog post for all the details! 👉 https://lnkd.in/dWaS6SxV #Treeconomy #UnlockingNaturesValue #CarbonRemoval #ClimateAction #EUCRCF #Sustainability

SBTi Targets approved ✅ I'm excited to announce Cooper Parry's Net-Zero and Near-Term targets have been approved by the Science Based Targets initiative (SBTi). As the UK's largest B Corp accountancy firm, taking care of our planet is a top priority 🌎 Especially as the latest climate science from the IPCC shows that while there is still a chance to limit global temperature rise to 1.5°C, we’re dangerously close to going beyond that threshold. That is why we're committed to reducing greenhouse gas emissions by 2030 and have already taken big steps towards our FY2045 net-zero strategy. We will update our stakeholders on our progress through the annual impact report (next one will be published early in the new year) and we're also working on a 'Net Zero Journey: lessons learned and targets' that will be a comprehensive material on our net zero journey. Past and future. Let's make a greener future together. 🪴 If you feel inspired and want to see how we can help you, click here: https://lnkd.in/d8sqUX8s #NetZero #Environment #Emissions

We know today that the climate crisis is urgent and progress is slow, and that the status quo will not keep 1.5°c within reach. How do we get back on track? 1️⃣ It is critical that we decarbonise our economies 2️⃣ In parallel, we must accelerate action on nature 3️⃣ But also deploy carbon dioxide removal technology at a massive scale We need to increase our capacity to remove and reduce emissions in tandem – and market-driven approaches play a critical role in this regard. There is no net zero without a high-integrity, functioning carbon market. Adopting globally recognised standards and regulatory frameworks can help ensure that every company can prepare for and, ultimately, thrive in a low-carbon future – and that every carbon credit reflects a verifiable reduction in greenhouse gases. While imperfect, carbon markets work. 👉 Read our blog post about the need for high-integrity carbon markets and climate action: https://lnkd.in/eDNwepGs #NetZero  #CarbonMarket  #Decarbonization

As an Economist, I believe in the power of markets to solve capital allocation problems. Climate action is the biggest capital allocation problem of our times. While not perfect, #carbonmarkets work! We at South Pole will do everything in our power to strengthen the integrity of the market and accelerate investment into decarbonisation activities and removal projects! One lever alone is not enough to deliver #netzero #climateaction

Listed companies would deplete their share of the global carbon emissions budget for limiting temperature rise to 1.5°C by October 2026! A powerful new report from MSCI Inc., their Net-Zero Tracker. It explores the (mis) alignment of corporates with climate goals and, importantly, looks to add transparency to the assessment of net-zero progress. A couple headline findings: -84% of listed companies are not aligning with net-zero -Only 26 months remain before listed companies use up their share of the 1.5 C aligned carbon budget Some great data in a user-friendly and interactive report regarding commitments, temperature alignment, and decarbonization progress! Have a read here: https://lnkd.in/eRC-xWQZ #climate #netzero #decarbonization #emissions #alignment #climatedata #sustainability

The Science Based Targets initiative just updated guidance on the use of #EACs for #Scope3. Good recap from our friends at EcoAct. Regardless your personal stance, think this summary well-states: This helps bridge the climate finance gap, and is another tool in the toolbox if used strategically and with credibility. Be sure to register for the EcoAct webinar on this topic (I am!) https://lnkd.in/e-rBz4ZC

Well, I was going to delete this post - The #SBTi just called for reversal of the plan to allow carbon offsets in the value chain (~3 days after the initial announcement). "As staff representing SBTi on a daily basis, we demand immediate action to mitigate the grave reputational damage caused by the actions of the Board," the letter said. Fun times in #sustainability... Still a good idea to join the EcoAct webinar on April 30 (link in original post below). #carbonoffsets #supplychain https://lnkd.in/eStKvzHH

According to a report released by management consultancy Oliver Wyman, the carbon dioxide removal credits market is poised for explosive growth, projected to reach $100 billion annually by 2030-2035. This marks a substantial increase from the estimated $2.7 billion in sales recorded in 2023. The report highlights the urgency of carbon removal technologies. With climate change worsening and insufficient emissions reductions, there is a critical need to remove billions of tons of CO2 from the atmosphere annually to meet global climate goals.