A new report lays out a detailed set of guidelines to ensure businesses’ net-zero claims are credible. A company with a legitimate claim to net-zero, the report said, shouldn’t build or invest in new fossil fuels, buy cheap carbon credits “instead of immediately cutting their own emissions,” or lobby against ambitious policies to address the climate crisis.

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Brazil, Indonesia, and the Democratic Republic of the Congo launched a partnership this week to coordinate conservation efforts. The countries have a combined 1.8 billion acres of forests that serve as a huge carbon sink for the planet — a fact that could be leveraged to negotiate, for example, conservation finance from private investors or wealthy countries.

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After skirting the issue for more than three decades, a handful of the world’s richest countries have pledged to give developing countries tens of millions of dollars in “loss and damage” funding, meant as compensation for the devastation caused by increasingly severe hurricanes, floods, wildfires, and other climate disasters.

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ARTICLES BY JOSEPH WINTERS

Hello and thank you for reading the Beacon! I’m Joseph Winters, Grist’s Newsletter Reporter, in charge of delivering your daily dose of good climate news. I’ve been writing for Grist since 2020 and am most interested in plastics, greenwashing, and corporate accountability.