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The $5.2 billion Clean Technology Fund (CTF) is helping to sensitise developing country governments to carbon pricing by supporting energy transition finance and programming, according to an executive at the organisation.

The party’s agenda is about energy security, lower bills, economic growth and good jobs

• Ed Miliband is the Labour MP for Doncaster North and secretary of state for energy security and net zero

During four years in opposition and in the seven months since this government came to office, we have been clear: smart climate policy means not only protecting future generations from the biggest existential threat we face, but fighting to make working people better off today, growing our economy and confronting the economic injustices we face.

In a world where climate policy is being questioned, this government’s message to those in the Tory and Reform parties who say that we should go backwards on climate is simple: you are wrong, and this government is going to speed up, not slow down, the clean energy transition, because that is how to grow our economy and fight for working people through our Plan for Change.

Ed Miliband is the Labour MP for Doncaster North and secretary of state for energy security and net zero

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Scotland’s botanic gardens suffer ‘unimaginable’ loss of rare specimens

For more than a century, whenever winter came to Scotland, they stood tall against the wind and rain and snow. But last month, battered by Storm Éowyn, hundreds of rare and historic trees in the living collection of the Royal Botanic Garden Edinburgh were lost.

The charity has four sites in Scotland. Its tallest tree in Edinburgh, a 166-year-old Himalayan cedar, fell during Éowyn’s gusts of up to 80mph, while Benmore Botanic Garden on the west coast has suffered “unimaginable” devastation.

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Developing countries urge biggest polluters to act as Trump’s return to the White House heightens geopolitical turmoil

The vast majority of governments are likely to miss a looming deadline to file vital plans that will determine whether or not the world has a chance of avoiding the worst ravages of climate breakdown.

Despite the urgency of the crisis, the UN is relatively relaxed at the prospect of the missed date. Officials are urging countries instead to take time to work harder on their targets to cut greenhouse gas emissions and divest from fossil fuels.

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Exclusive: Analysis suggests development in flood regions result of Labour push for 1.5m new homes in five years

More than 100,000 new homes will be built on the highest-risk flood zones in England in the next five years as part of the government’s push for 1.5m extra properties by the end of this parliament, Guardian analysis suggests.

Building on areas with the highest risk of serious flooding is supposed to be discouraged. Experts say development should be avoided unless absolutely necessary because there is a significant chance of regular deluges, which will flood the properties, cause hundreds of millions of pounds of economic damage and make homes uninsurable.

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A group of 22 Republican state attorneys general (AGs) and industry groups are challenging in federal court New York’s recently signed “Climate Superfund” law that targets fossil fuel firms.

Producers took a drastic haircut to their RGGI Allowance (RGA) long holdings, while investors raised California Carbon Allowance (CCA) net length even as prices faltered over the week, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.

A small Brazilian state signed an MoU on Friday with a Sao Paulo-based environmental services firm that entails a carbon project the pair said could be worth more than R$300 million ($51.7 mln).

The newly installed administrator at the US EPA moved the courts to hold all consolidated litigation against former President Joe Biden’s power plant emissions standards for 60 days, buying time for the new administration to review the underlying rule.

A major US-wide nature study has been cancelled amidst the deletion of multiple environmental government sites through a recent executive order (EO) by President Donald Trump aimed at boosting energy production.

New projections by a federal regulator suggest carbon capture technologies like bioenergy power generation with carbon capture, utilisation, and storage (BECSS), and direct air capture (DAC) aren't yet ready to play a major role in Canada’s net-zero future.

A California senator introduced a CO2 removal (CDR) bill on Wednesday, the second attempt by the lawmaker to prescribe rules surrounding CDR development in the state in recent years.

The UN has pushed the deadline for the submission of new Nationally Determined Contributions (NDCs) to September, after just a handful of countries sent them in ahead of the initial date of Feb. 10.

A Kenyan power company and carbon project developer will tender in February around 1.8 million carbon credits issued last year to geothermal energy projects under the UN's Clean Development Mechanism (CDM).

By the end of 2024, 51 carbon capture and sequestration (CCS) projects in the US were in the planning stages aiming to store at least 30.5 million tonnes of CO2 each year from ethanol refineries, according to a research study released Wednesday.

Deploying basalt-based enhanced rock weathering (ERW) in US agriculture could remove between 160-300 million tonnes of CO2 annually by 2050, and 250-490 mln tonnes by 2070, according to a new study published this week.

The UK could miss its production goal of 10% sustainable aviation fuel (SAF) in total jet fuel use by 2030 by almost half, according to industry experts, with potential implications for airline exposure to carbon prices under the UK ETS and the UN's CORSIA international offsetting scheme.

Initially expected in 2025, the European Commission has decided to push back its regulatory package for CO2 transport and storage infrastructure until next year, causing uncertainty for carbon capture and storage (CCS) projects, the industry has said.

A UK-based consultancy has joined forces with a digital environmental marketplace to scale nature markets across the UK, seeking to reward farmers and landowners who implement biodiversity restoration projects.

European carbon prices were marginally lower at midday on Friday, despite strength in the wider energy complex, as participants continued to speculate on the prospects for sustained strength in a market being increasingly described as "tired" and "rangebound".