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EUAs extended their gains for the fourth time this week on Friday, finding support from rising energy prices and reaching a three-week high in active trading, even as market participants continued to debate whether the market's current price direction reflected current or future fundamentals, or was subject to pressure from technical signals and natural gas.

A group of 37 businesses and environmental organisations have signed the European Business Nature Commitment, following the EU’s Business and Nature Summit in Milan this week.

India will need to spend $627 billion in order to decarbonise its steel and cement sectors so the country can realise its goal of reaching net zero, according to a report published this week.

Allowances in the Chinese carbon market this week rose to their highest level since the market launched two years ago, with analysts expecting the carbon price to climb to above 85 yuan ($11.63) later this month due to strong compliance demand.

Nineteen captive-bred cats released at secret location in Cairngorms in first phase of rewilding project

Nearly 20 young wildcats have been released into the wild in a pine forest in the Scottish Highlands, in the first phase of a project to rescue the species from extinction in the UK.

The cats were reared at a wildlife park operated by the Royal Zoological Society of Scotland (RZSS) as part of a breeding programme that will eventually lead to about 60 wildcats being released in the Cairngorm mountains south of Inverness.

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A carbon credit fungible across all Southeast Asian markets would be a “brilliant” idea, according to a veteran carbon market expert based in Singapore.

The first batch of credits to be tagged with the Integrity Council for the Voluntary Carbon Market's (ICVCM) label of quality will now be seen in "early 2024", rather than the previous end-of-year target, the head of the cross-stakeholder initiative said on Friday.

Taiwan has updated its management rules to streamline the development process of voluntary greenhouse gas (GHG) reduction projects, as the island is gearing up for a domestic carbon levy scheme as part of its Paris-aligned climate targets.

Finland will use EU funding to boost target habitats and garner private-sector funding to make biodiversity projects more financially sustainable, the government announced.

Developing nations need equivalent of US Inflation Reduction Act, says Nobel prize-winning economist

Poor countries should be provided with $300bn (£246bn) a year from the International Monetary Fund to finance their fight against the climate crisis, the Nobel prize-winning economist Joseph Stiglitz has said.

Speaking to the Guardian at the IMF’s annual meeting in Marrakech, Stiglitz said developing nations needed their equivalent of the US Inflation Reduction Act – a package of grants and subsidies designed to promote green growth and jobs.

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The best of this week’s wildlife photographs, including a released beaver, mating damselflies and a fat bear

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Findings raise concerns among experts who say climate funding works best when invested directly in local communities

More than £2bn of UK foreign aid aimed at helping poorer countries cope with the escalating climate crisis has been channelled through private consultancies since 2010, according to an analysis.

The investigation by Carbon Brief found that more than 10% of UK foreign aid spent on climate-related projects had gone through consultants like KPMG, PricewaterhouseCoopers (PwC) and Adam Smith International.

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Australia’s Clean Energy Regulator (CER) has issued 1.3 million Australian Carbon Credit Units (ACCUs) in its latest update, over 400,000 of which went to projects owned by fossil fuel companies.

How Beon Energy has left a lasting legacy and set a new benchmark for meaningful engagement with Indigenous communities. Plus, AEMO's solar switch-off push.

The post Solar Insiders Podcast: The power of putting First Nations first appeared first on RenewEconomy.

Employment, self esteem, agency. How genuine and early engagement with Aboriginal communities can build solar farms and meaningful change.

The post From 30 jobs to “generational change:” When solar projects put First Nations first appeared first on RenewEconomy.

CleanCo puts out a call for another 3GW of new wind and solar projects as state government advances massive Borumba pumped hydro project.

The post CleanCo seeks another 3GW of wind and solar to boost pipeline to more than 5GW appeared first on RenewEconomy.

We talk to three people in regional Australia dealing with renewable and transmission projects about the issue of social licence. Plus: Brookfield’s big win.

The post Energy Insiders Podcast: Social licence in the regions appeared first on RenewEconomy.

Six policy changes to unlock Australia's powerhouse of behind-the-meter energy assets to further benefit consumers and hit our climate targets.

The post How to unlock $250 billion in energy assets under (and on) our own roofs appeared first on RenewEconomy.

Global report says transitioning fossil fuel workers will be key to building the wind energy workforce as countries like Australia drive huge development growth.

The post Wind energy workforce needs to double in Australia to help deliver “colossal growth” appeared first on RenewEconomy.

New report argues that for grid decarbonisation, the smart money should be on long duration storage – with concentrated solar at the forefront.

The post Solar thermal investment – now – could shave billions off energy transition bill appeared first on RenewEconomy.