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Private sector climate targets should not be considered credible if they rely on avoided emissions carbon credits, with only CO2 removals having a positive impact on GHG emissions, a US-based university think-tank said Friday.

Three EU member states made minor progress in the past fortnight towards completing their free allocation of 2023 ETS carbon allowances, with Finland finally commencing the annual process according to the final update for this year.

Malawi has established a new agency to manage the trade and marketing of its carbon credits, President Lazarus Chakwera announced Friday, upping the country's forecast for the size and value of its offering.

Politicians are expected to intervene in the next few years to alter EU ETS rules that are on course to have the market hit absolute zero emissions in 2040, a conference heard this week, as analysts predicted EUA prices would exceed €250 several years before that unless something was done.

Researchers say that monarchs with more white spots on their wings migrate more successfully.

Wastewater regulations are stalling new homes development in parts of England, says Baroness Scott.

A new academic study looking at human-induced regeneration projects based on their carbon estimation area (CEA) data has found evidence suggesting Australia's ACCU market could have been overcredited by as much as 25 million units to 2021.

Changes to the World Bank could unlock developing states access to loans and to the means of staving off disaster

The Netherlands has almost the same amount of solar generating capacity as the whole continent of Africa. That must be, in part, because the interest on a loan to set up a windfarm in Africa is about 17% more than one to do the same in Europe.

Many poor countries enjoy vast natural resources of wind and sun yet struggle to access renewable energy because of the crippling cost of capital imposed on them. Private sector companies perceive far greater risk in poor countries, penalising most heavily the countries in greatest need of investment.

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Warnings over the sub's safety were dismissed by OceanGate's CEO, emails seen by the BBC show.

What happens when the chill of our seas turns to a soupy stew? Fragile ecosystems will be destroyed and food sources for wildlife will disappear

Last weekend, at the very easternmost edge of England, tens of thousands of people of all ages gathered at a beach festival in Lowestoft to celebrate the sea joyously. To dance to trance music and listen to Linton Kwesi Johnson recite his poetry, and to hear marine scientists explain to seven-year-olds exactly why the sea smells the way it does. It was an idyllic scene. From dusk to dawn and back again, everyone was drawn to the vast and glorious element that connects us to the rest of the world.

But then, amid the revelry, a solemn procession appeared. Two dozen festivalgoers carried a series of blown-up photographs into the sea. They were portraits by the artist Gideon Mendel of people, many of them from the global south, standing amid the floods that had overturned their lives. Suddenly, in the face of their fates, the sea seemed not so benign after all. It was a reminder that sea levels are rising around the world; and that here in the UK we face our own potential disaster – the drastic sudden warming of the sea off Britain and Ireland.

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French President Emmanuel Macron claimed "complete consensus" on reform of international financial institutions to better channel climate funds to developing countries on Friday, with world leaders pledging changes that are expected to free up an additional $200 billion of lending capacity over the next decade, and billions in debt relief measures.

Committee on Climate Change report likely to recommend ending road-building programme

The government should halt all new roads unless there are exceptional circumstances, the government’s climate advisers are likely to say next week.

On Wednesday the Committee on Climate Change will publish its latest report on the UK’s progress in dealing with the climate crisis. Speaking at Glastonbury on Friday, the climate change committee chair, Lord Deben, said new roads inevitably increased traffic and emissions.

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*PREMIUM LISTING - Verra is creating the new role of Senior Program Officer, Industrial Innovations to help develop and implement novel approaches to accelerate greenhouse gas (GHG) reductions and removals in hard-to-abate industrial and energy sectors.

*PREMIUM LISTING - Verra is searching for the role of Manager, Energy and Industrial Innovation to help develop and implement novel approaches to accelerate greenhouse gas (GHG) reductions and removals.

*PREMIUM LISTING - Verra seeks a Senior Program Officer for the Methodologies Team in the Program Development and Innovation Department. The Senior Program Officer will support reviews and updates of existing methodologies and the development process of new and revised methodologies for the Verified Carbon Standard (VCS) Program. 

The EU is increasingly turning to geothermal energy to heat its buildings, as proven by the recent inauguration of the largest plant in Europe outside of volcanic Iceland in the centre of the 27-nation bloc.

Taking Root is looking for a multi-lingual, collaborative, and detail-orientated person to join our team as a Finance Manager, LATAM (Latin America). This role’s primary purpose is the analysis of everyday financial activities to make budget allocation decisions as well as provide advice and guidance to upper management on future financial plans. This role also collaborates with our local project partners to empower them to make financially savvy day-to-day business decisions to Taking Root become a global leader in tropical reforestation and forest carbon.

Passengers aboard the sub lost on a dive to the Titanic became characters in a tragic drama. The rest of us were spectators

Finally, we know. The discovery of debris on the seafloor – confirming that the missing OceanGate Titan submersible probably disintegrated in an instantaneous implosion on the same day that it disappeared – brings to a bleak end the mystery that has horrified and mesmerised people across the globe.

The plight of the five passengers – the British adventurer Hamish Harding, the businessman Shahzada Dawood and his teenage son Suleman, the French veteran explorer Paul-Henri Nargeolet and OceanGate’s CEO, Stockton Rush – has dominated front pages everywhere and spurred an international response that involved four countries and may have cost millions of dollars.

Bryony Clarke is an assistant letters editor at the Guardian

Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.

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European carbon prices dropped back to test a key support level on Friday, as traders dismissed the second largest-ever auction premium, while energy prices dropped for a third session after bearish macroeconomic news late on Thursday.

Japanese shipping company Mitsui O.S.K. Lines (MOL) and energy giant Chevron Singapore on Friday announced they have signed a memorandum of understanding (MoU) to form a strategic alliance focused on reducing the carbon intensity of the marine energy industry.