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A Luxembourg-headquartered asset manager has approved a first loan under its recently established biodiversity fund, to go to a Spanish regenerative agriculture producer.

France, Italy, and Slovakia have urged the European Commission to reassess the Carbon Border Adjustment Mechanism (CBAM) before its full implementation in 2026, warning that the current framework risks weakening the competitiveness of EU industrial exports.

The Rwandan government has partnered with the Global Green Growth Institute (GGGI) to enhance the country’s readiness to participate in the international carbon markets under Article 6 of the Paris Agreement.

TotalEnergies has outlined plans to double annual spending on carbon credits to build a stock of 50 million nature-based offsets by 2030, as it aims to then retire millions per year to meet its climate goals.

Market experts are putting out various explanations for the surge in voluntary carbon credit retirements against the Colombian CO2 tax in 2024, including theories linked to the controversial introduction of a cap in 2022 on taxed emissions that can be offset with domestic credits.

Exclusive: Cost blow-out has experts worried people will use ‘huge’ volumes of pesticides to protect themselves from ‘tiny killers’

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Australian households will spend $1.03bn every year to suppress fire ants and cover related medical and veterinary costs, with about 570,800 people needing medical attention and 30 likely deaths from the invasive pest’s stings, new modelling shows.

The Australia Institute research breaks down the impact of red imported fire ants (Rifa) by electorate, with the seats of Durack and O’Connor in Western Australia, Mayo in South Australia and Blair in Queensland the hardest hit if the ants become endemic.

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Blair: $1.7m in medical costs, $1.5m in vet costs and $5.1m in household pesticide costs.

Dickson: $1.4m in medical costs, $1.2m in vet costs and $4m in household pesticide costs.

Ryan: $1.5m in medical costs, $1.3m in vet costs and $3.4m in household pesticide costs.

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Many winemakers halt shipments on chance White House makes good on threat of 200% markup on European goods

As the threat of exorbitant US tariffs on European alcohol imports looms, a warehouse in the French port city of Le Havre awaits a delivery of more than 1,000 cases of wine from a dozen boutique wineries across the country.

Under normal circumstances, Randall Bush, the founder of Loci Wine in Chicago, would have already arranged with his European partners to gather these wines in Le Havre, the last stop before they are loaded into containers and shipped across the Atlantic. But these wines won’t be arriving stateside anytime soon.

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With the EU ETS emissions trajectory aiming for net zero by 2040, policymakers in Europe who have started thinking about the next steps have five main options for future carbon trading, according to researchers.

European carbon prices tumbled to their lowest in two weeks as selling pressure broke through sustained support at a key recent level, signalling the end of a bout of options-related trading that had kept the market in a comparatively narrow range for 10 days.

The Malaysia Forest Fund (MFF), a federal government agency, on Thursday began a public consultation process for its flagship domestic carbon offsetting standard for the forestry sector.

Australia’s largest hydrocarbon producers could be squeezed by higher carbon credit prices if they do not undertake methane abatement measures now to address leaks at their coal and gas plants and long-range gas pipelines, a think tank warned Friday.

As life starts to return to the capital’s parks and woodlands, photographer Sarah Lee has been capturing daffodils and budding plants, walkers, buskers and joggers out in the sunshine. She says: ‘Everything feels so dark right now, it’s good to know the light is coming back’

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London-headquartered asset management firm Legal & General (L&G) has launched a private debt strategy designed to invest $235 million in projects that support nature and social outcomes.

The future of the EU Emissions Trading System (EU ETS) hinges on maintaining a strong carbon price signal while addressing competitiveness concerns, according to a new report.

A UK council has approved plans for a biochar plant in Shropshire that is set to generate carbon removal credits, with construction scheduled to begin this summer.

Net zero is a target that countries should be striving for to stop the climate crisis. But beyond the buzzword, it is a complex scientific concept – and if we get it wrong, the planet will keep heating.

Biodiversity and environment reporter Patrick Greenfield explains how a loophole in the 2015 Paris climate agreement allows countries to cheat their net zero targets through creative accounting, and how scientists want us to fix it

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Gene Likens, who first identified acidic rainwater in 1960s, said the Trump administration’s ‘rollbacks are alarming’

The US could be plunged back into an era of toxic acid rain, an environmental problem thought to have been solved decades ago, due to the Donald Trump administration’s rollback of pollution protections, the scientist who discovered the existence of acid rain in North America has warned.

A blitzkrieg launched by Trump’s Environmental Protection Agency (EPA) on clean air and water regulations could revert the US to a time when cities were routinely shrouded in smog and even help usher back acid rain, according to Gene Likens, whose experiments helped identify acidic rainwater in the 1960s.

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Final gathering in April will mark end of street protests although campaign to continue ‘in courts and prisons’

Supporters of the climate group Just Stop Oil have announced that, after three years of disruptive protests, they are ending their campaign of civil resistance.

Hannah Hunt, whose speech on Valentine’s Day 2022 marked the beginning of the campaign, made the announcement outside Downing Street in London on Thursday.

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Duration of spills by water companies up on previous year, in data described by environment secretary as ‘disgraceful’

Raw sewage was discharged into rivers and coastal waters in England for almost 4m hours last year, with waterways that have the highest environmental protections subjected to days of pollution.

Data released by the Environment Agency on Thursday revealed water companies discharged untreated effluent for 3.62m hours, a slight increase on last year.

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A Greek utility reported a significant drop in its lignite-fired electricity generation last year, in financial results published late on Wednesday, while a large German producer urged Berlin to provide greater clarity on gas-fired power infrastructure, also posting a strong fall in fossil fuel use.