Penguin Perspectives Blog

One component of the Paris Agreement on climate change that has remained somewhat of a black hole is Article 6, which outlines countries cooperating with one another on their own volition to help achieve emissions-reduction targets.

At current pace we’re going this means we have a window of just over 8 years left until this carbon budget is used up. Going beyond this temperature increase would likely cause an immense rise in unpredictable risks.

We spoke with Sherwin Das, co-founder of Energy Peace Partners to shine a light on P-RECs - Renewable Energy Credits from peace building projects.

Article 6 unlocks a multitude of opportunities for countries to work together and enhance ambition for climate action under the Paris Agreement. Since the adoption of the Paris Agreement in 2016, Article 6 negotiators at the UNFCCC have faced tremendous pressure to design an Article 6 rulebook that will create the most environmentally robust and cost-effective outcomes. Their job is not an easy one. South Pole’s response to the challenge facing Article 6 negotiators is to show how these policy concepts could be applied in a real world policy setting. This is why we have teamed up with the Climate Cent Foundation and the Swedish Energy Agency to develop two Article 6 pilots in Thailand and Colombia respectively.

The move to net zero must happen as quickly as possible – and it must happen at scale. To achieve real, quantifiable impacts we must explore all possible policy solutions. While carbon pricing and sustainable finance are critical tools for solving the climate crisis, Martin Stadelmann argues that it is clean technology that will help us hit the bullseye on our net-zero target.

Vast oceans, gushing rivers and calm lakes, heavy rain, even dripping taps: water is all around us, and all of life on Earth depends upon it. But why is water important in the context of climate?

Focusing on the theme: ‘Net Zero 2030 – Mitigation and Adaptation’, the event brought together representatives from Australia’s private, public and civil sectors to discuss how businesses, industries and individuals can work together to reach zero emissions in a way that is good for people, the planet and profits.

Queensland is a place of contrasts: natural wonders like the Great Barrier Reef are central to a booming tourism industry – yet this is at odds with historically important sectors of agriculture and mining. The Sunshine State faces unique climate challenges. It was against this backdrop that South Pole's CEO & Co-founder, Renat Heuberger, visited for the inaugural Brisbane Climate Leaders Forum.

A better tomorrow awaits if we succeed in limiting global warming to 1.5°C, yet we are hopelessly off-target in capping rising temperatures, and it’s becoming exceedingly difficult to do so. We know that time is quickly running out, that taking climate action makes financial sense, and that we need to channel trillions to mitigate climate change and accelerate the turn to zero net carbon. So what does this mean for European financial centres and how can they best prepare to the inevitable shift towards green and sustainable finance? The new climate reality is a ‘use it or lose it’ moment for financial centres in Europe. The UN-led Financial Centres for Sustainability (FC4S) wants to make sure it is the former – read on to find out how.

“The world is waking up and change is coming, whether you like it or not.” With these words, Swedish activist, Greta Thunberg’s passionate call to action for world leaders at the UN Climate Summit captured the world’s attention. Ambitious companies, leading change in the private sector are beginning to be united by a common purpose: to take ambitious climate targets and urgently turn them into concrete action.