From International Institute for Sustainable Development <[email protected]>
Subject Oil and gas exploration is surging to pre-Covid levels
Date July 31, 2024 11:00 AM
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Plus new research shows we could be eating twelve times more microplastics

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** What's new in sustainable development
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** Oil and Gas Exploration Is Surging to Pre-Covid Levels
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Oil and gas exploration is booming despite an agreement at last year’s COP 28 climate summit to transition away from fossil fuels. Speaking to The Guardian ([link removed]) and Canada's National Observer ([link removed]) , IISD expert Olivier Bois von Kursk unpacks new analysis from IISD that reveals that five wealthy countries are responsible for more than two thirds of new oil and gas licences issued globally since 2020. Sign up here ([link removed]) for monthly updates on global oil and gas exploration licensing and spending.

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** Research Casts New Light on the Scale of Microplastics Concentration in Fish
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Canada’s national newspaper, The Globe ([link removed]) and Mail ([link removed]) , reported on IISD-ELA student Madeleine Milne’s findings that we could be eating up to 12 times more microplastics in fish than we previously thought.

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** Avoiding Trade Concerns in the Design of Plastic Pollution Measures
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In March 2022, UN member states adopted one of the most ambitious resolutions for environmental protection in recent history—a mandate for countries to end plastic pollution and establish a treaty addressing the full life cycle of plastics by 2024. Already, we’re seeing friction between trading partners, but a new IISD brief ([link removed]) reveals what can be done to ease these tensions.

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** Will the Global Minimum Tax Make Special Economic Zones Less Special?
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The global minimum tax (GMT) is poised to reshape how countries use special economic zones (SEZs) to attract investment. In a new article, IISD expert Alexandra Readhead explores how SEZs must adapt to the GMT ([link removed]) and what strategies can ensure they capture revenue while fostering high-quality investments.

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** Breaking Down What India’s Budget Means
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India aims to secure half its energy needs from non-fossil fuel sources by 2030 as it travels along the road to net-zero by 2070. Amid rising demand, experts from IISD and CSTEP ([link removed]) break down the budget’s energy headlines ([link removed]) .

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** Protecting Water and Energy Security With Solutions Found in Nature
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Rejuvenating the ecosystem of the Reventazón River basin in Costa Rica is crucial to protect the region’s water, food, and energy supply from the impacts of climate change and land degradation. Our report ([link removed]) makes a strong case for investing in ecosystem-based adaptation.

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** International Cooperation Key to Addressing Carbon Emissions From Imported Goods
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With global climate pressures mounting and international cooperation on climate and trade barely moving forward, we explore how stakeholders in Brazil ([link removed]) and Trinidad and Tobago ([link removed]) are looking at the future of border carbon adjustments. Read more in the Financial Times ([link removed]) .

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** Agribusiness Tool to Help Boost Responsible Investment
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A new tool aims to help agribusinesses align their practices, procedures, and operations with principles of responsible investment in agriculture and food systems. Speaking with Food Ingredients First ([link removed]) and ESG Investor ([link removed]) , IISD expert Hafiz Mirza explains how this will help business leaders put principles into practice.

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