Feed aggregator

An EU-commissioned advisory group has recommended including more nature-based solutions (NbS) in its list of climate-related sustainable investment activities to stop investors bypassing them.

A much-anticipated new clean cooking methodology will be finalised and sent to the UNFCCC and major voluntary carbon standards this quarter after technical reviews and tweaks have been conducted.

DWS, Germany’s largest asset manager and a subsidiary of Deutsche Bank, has agreed to pay a €25 million fine to settle a long-running greenwashing investigation by the Frankfurt public prosecutor’s office.

The Swiss government formally approved on Wednesday a revised CO2 legislation, which establishes emission reduction targets across various sectors for 2030 and implements the measures adopted by lawmakers last year, with several provisions affecting the country's ETS.

The voluntary carbon dioxide removal (CDR) credit market is diversifying as corporate buyers seek high permanence, with bioenergy with carbon capture and storage (BECCS) maintaining leadership but newer technologies steadily gain market share, according to an International Energy Agency report released Wednesday.

The global ocean economy could decline by 20% below 2020 levels by mid-century due to multiple threats, including climate change and biodiversity loss, according to the OECD.

Investments in activities harmful to nature are significantly outsizing nature-positive ones globally, with high-income countries performing better domestically but falling short of supporting environmental efforts abroad, a study has shown.

A new generation of European trains could reignite continental momentum for sustainability, just as the EU's carbon pricing is set to expand into road transport and the bloc's policy evolves.

The adoption of carbon compliance markets is accelerating around the world amid the impact of the EU's Carbon Border Adjustment Mechanism (CBAM), despite the US rolling back on climate policies after the election of President Donald Trump, the IETA conference heard Wednesday.

The UK has announced it is launching a Nature Market Accelerator to stimulate green financing for activities that boost biodiversity, ranging from biodiversity net gain (BNG) to voluntary carbon markets.

European carbon was little changed on Wednesday morning as commodity markets slowed to a crawl in anticipation of the announcement of new US tariffs later in the day, while weekly position data showed a 10% decrease in speculative length but large drops in futures holdings among compliance companies.

A major energy company in Japan will invest in a US-based renewable energy project to grow its global green methanol portfolio while creating carbon removal credits.

A Tokyo-based carbon credit due diligence provider has teamed with a non-profit to develop a monitoring scheme for reforestation projects in Brazil, it announced Wednesday.

A Germany-headquartered multinational is receiving the first 250,000 carbon credits from a sustainable rice farming project in India, it announced Wednesday.

The European Commission on Tuesday released draft implementing rules for the monitoring, reporting and verification of fuels eligible under the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

The emerging market for carbon credit insurance faces several barriers, with slow adoption and cost concerns holding back its wider uptake, according to industry experts.

Finnish energy company shutters its last coal-fired power plant, ending coal use in the capital Helsinki and putting Finland on the brink of eliminating coal entirely.

The post Helsinki shutters its last coal plant, as turns to heat batteries and pumps appeared first on RenewEconomy.

Local council is taking the fight against contested wind projects to the roads, saying it has no jurisdiction to approve upgrades necessary to transport turbines.

The post Council says it can’t approve road upgrades in latest attempt to stop contested New England wind project appeared first on RenewEconomy.

The update of Nationally Determined Contributions (NDCs) under the Paris Agreement poses an unprecedented opportunity to integrate nature protection into countries' climate strategies, as early submissions have sparked hope despite the need for stronger targets, experts told Carbon Pulse.

Dr Richard Fox, from Butterfly Conservation, says he is "devastated" by the apparent decline.