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Legislation will set targets to restore 20% of EU land and seas by 2030, and 90% of degraded habitats by 2050

EU lawmakers and member states have struck a deal on a landmark law to protect nature after watering down rules that critics argued would trouble farmers.

The nature restoration law, a hotly contested pillar of the European green deal, will force EU countries to restore at least 20% of the bloc’s land and seas by the end of the decade. It contains binding targets to restore at least 30% of degraded habitats by then, rising to 60% by 2040 and 90% by 2050.

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A “harmonious coexistence” between nature, chemicals, and people has been targeted by a major chemicals and cosmetics corporation.

Terraformation, a global forestry company led by former Reddit CEO Yishan Wong, has announced the advancement of the first cohort of its Seed to Carbon Forest Accelerator to the second phase of the programme.

A series of studies released by the US arm of the Forest Stewardship Council (FSC-US) show that forests certified by the international non-profit in North America hold more carbon compared to commonly managed forests.

South Pole chief executive Renat Heuberger is stepping down from his position with immediate effect after losing the support of the board of the company in the wake of last month’s suspension by certifier Verra of the Kariba REDD project in Zimbabwe, the company said on Friday.

Dozens of people dead in east Africa as El Niño and Indian Ocean dipole cause increased rainfall during monsoon season

In the past couple of days devastating floods have affected Somalia and surrounding countries, leaving 29 people dead and more than 300,000 people displaced from their homes, with figures expected to rise further as many remain trapped by flood waters.

Kenya also experienced flooding, with 15 deaths recorded. Nazanine Moshiri of the International Crisis Group said the cause of these devastating floods was the combined effect of two weather phenomena: El Niño and the Indian Ocean dipole.

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The spot price in China’s national emissions trading scheme (ETS) extended recent losses over the past week amid sustained liquidity, while the domestic offset market saw improved trading volumes despite unclear supply outlook.

Species now extinct in 20 counties in England due to loss of woodland scrub and milder winters

Populations of the hazel dormouse, perhaps the most elusive native British mammal, have plummeted by 70% this century.

The nocturnal, tree-dwelling animals are now extinct in 20 counties in England and the species must be reclassified as “endangered” on the International Union for Conservation of Nature red list, according to a study by the People’s Trust for Endangered Species (PTES).

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The best of this week’s wildlife photographs from around the world

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Prime Minister Anthony Albanese has announced a pact with low-lying Pacific Island nation Tuvalu to allow residents facing worsening climate change impacts the option to resettle in Australia.

The Euclid telescope will spend six years in space, creating a 3D map of galaxies formed around 10 billion years ago. Find out more here.

A British international bank may enter carbon markets via bonds next year, but in Indonesia the scale of the market must match the bank’s large-scale appetite for investment, a conference heard this week.

Exclusive: Lib Dems call for water companies to be more transparent with their data on sewage spills

Thames Water has pumped at least 72bn litres of sewage into the River Thames since 2020 – roughly equal to 29,000 Olympic swimming pools – new figures reveal.

Water firms have no legal obligation to report the amount of sewage discharged, only the number of hours that it was released. But campaigners argue this data is insufficient as this does not properly quantify how much sewage is in England’s rivers.

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A daily summary of our news plus bite-sized updates from around the world.

Norway and Senegal on Thursday signed a Memorandum of Understanding (MoU) to cooperate under Article 6 of the Paris Agreement, the second such deal the Scandinavian country signs in just two weeks.

Genex is succeeding where others feared to tread, with a new big battery, the first pumped hydro project in four decades, and massive wind, solar and storage plans. CEO Craig Francis explains how.

The post Energy Insiders Podcast: Wind, solar, batteries and pumps appeared first on RenewEconomy.

Wyatt Roy on SunDrive's progress towards make cheaper, more sustainable solar – right here in Australia. Plus: Will 2023 be a record year of rooftop installs?

The post Solar Insiders Podcast: SunDrive’s hot pursuit of Australian-made PV appeared first on RenewEconomy.

The opposition of Australia's biggest super fund to the Brookfield bid for Origin follows a familiar tale of delay and obfuscation on climate and the green energy transition.

The post Climate wars shift to executive suite as Australia’s biggest fund seeks to block Origin deal appeared first on RenewEconomy.

The third-largest floating PV plant in the world has been launched in Indonesia, with plans in the works to add an extra 500MW of additional capacity.

The post Indonesia’s solar plans go to water with opening of region’s biggest floating PV facility appeared first on RenewEconomy.

Muttonbird ‘wrecks’ are becoming more common. Despite speculation about many possible causes, the evidence points to changes in the Arctic ocean ecosystem from where the birds migrate to Australia. Lauren Roman, ARC DECRA Fellow, Institute for Marine and Antarctic Studies, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.