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The European Union’s land carbon sink has been in rapid decline, jeopardising the bloc's climate targets for 2030 and beyond, finds a new report by the Institute for European Environmental Policy (IEEP).

The EU’s upcoming label for low-carbon cement, announced last month, has prompted contrasting reactions from industry players and environmental groups who shared their views and expectations with Carbon Pulse.

An Italian air carrier announced Thursday it has signed a two-year agreement with a Google-backed direct air capture (DAC) startup to explore carbon credits projects.

Germany will earmark €100 billion of a new €500 bln infrastructure fund for climate action, in exchange for support from the Greens to push the fund and a historic reform of the country’s debt brake through the Bundestag.

WWF has called on the EU to boost the LIFE programme to ensure adequate funding flows towards biodiversity conservation and restoration efforts under the bloc's next long-term budget.

The first RGGI cap-and-trade auction of 2025 settled in line with RGGI Allowances (RGAs) in the secondary market the day before the sale, and below $20 as many market participants had expected, with Cost Containment Reserve (CCR) volumes cleared out.

The European Commission’s push for regulatory simplification may dilute efforts to impose strict rules for proving corporate climate claims, think tanks and trade associations in Brussels have told Carbon Pulse.

BP last week reported a 38% reduction in its combined Scope 1 and 2 emissions in 2024, compared to a 2019 baseline, bringing total emissions down to 54.5 million tonnes of CO2 equivalent.

The UK will restart a meaningful climate change dialogue with China, as Energy Secretary Ed Miliband arrived in Beijing on Friday for the first formal talks to accelerate climate action in nearly eight years.

Government body Natural England has sold £247,416 worth of statutory biodiversity credits since it introduced its biodiversity net gain (BNG) regulation last year, it said Friday.

European carbon prices were poised to snap a run of five weekly losses on Friday, as prices jumped late in the morning after a fairly lacklustre opening amid a surge of technical buying and options hedging.

Verra may revamp methodologies for reforestation and revegetation (ARR) as it seeks to expand the scope of projects eligible for phase one of CORSIA, the UN's Carbon Offsetting and Reduction Scheme for International Aviation.

An Indian carbon removal firm has entered into an agreement with Japanese conglomerate Mitsubishi Corporation to scale carbon dioxide removal (CDR) in South Asia by generating high quality and durable credits through enhanced rock weathering (ERW) projects.

Ed Miliband visits Beijing as part of plan to create global axis working in favour of climate action

• Ed Miliband: ‘The global battle against the climate crisis needs China’

The UK is hoping to shape a new global axis in favour of climate action along with China and a host of developing countries, to offset the impact of Donald Trump’s abandonment of green policies and his sharp veer towards climate-hostile countries such as Russia and Saudi Arabia.

Ed Miliband, the UK’s energy and net zero secretary, arrived in Beijing on Friday for three days of talks with top Chinese officials, including discussions on green technology supply chains, coal and the critical minerals needed for clean energy. The UK’s green economy is growing three times faster than the rest of the economy, but access to components and materials will be crucial for that to continue.

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A Croatia-based carbon project financier has inked an “exclusive” 10-year deal with a regional park in neighbouring Slovenia to develop “high-quality” carbon credits.

Chinese carbon permit prices remained in a narrow trading range over the past week with shrinking volumes, while trading of the first voluntary carbon credits issued in China since 2017 has caused significant fluctuations in price.

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

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Indonesia is looking to lift its moratorium on international credit issuances next month, according to a source familiar with the matter, a move that could breathe life back to the bruised voluntary carbon market (VCM).

I will be the first UK energy secretary since 2017 to visit. It is negligence towards today’s and future generations not to engage China on this critical topic

The climate crisis is an existential threat to our way of life in Britain. Extreme weather is already changing the lives of people and communities across the country, from thousands of acres of farmland being submerged due to storms such as Bert and Darragh to record numbers of heat-related deaths in recent summers.

The only way to respond to this challenge is with decisive action at home and abroad. Domestically, this government’s clean-energy superpower mission is about investing in homegrown clean energy so we can free the UK from dependence on fossil fuel markets while seizing the immense opportunities for jobs and growth.

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Exclusive: Officials explore restricting incentive to allocate greater funds to farms with less money and more nature

The richest farmers will not be able to apply for post-Brexit nature funding under plans for England being considered by the Department for Environment, Food and Rural Affairs (Defra).

Farming groups and climate experts have warned that such a plan would “leave farmers in the cold” and make it more difficult for the UK to reach net zero by 2050.

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