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The UK financial services industry is well-equipped to drive the expansion of nature markets across biodiversity and carbon, a professional body said on Tuesday.

The European Commission has signed a new cooperation agreement with Europe's civil-military organisation, setting out new monitoring, reporting, and verification of aviation emissions outside of CO2, they announced on Tuesday.

With its carbon removals certification scheme agreed last year, the European Commission is seeking to promote biomass use with higher value-added than biofuels or bioenergy – both financially and from a climate perspective, a senior EU official has said.

Opposition says Labor’s national vehicle emission standard is ‘poorly designed’, despite data showing uptick in green vehicle sales

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Australia’s love-hate relationship with fuel-guzzling utes and SUVs is now a looming election issue, after the Coalition indicated it may rethink Labor’s vehicle emission standard.

On Tuesday the shadow transport minister, Bridget McKenzie, called Labor’s vehicle emission standard “poorly designed” and said the Coalition will have “more to say” about it when the opposition releases its own transport policy before the election.

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Bombylius major, the thieving, deceiving, fluffy flying narwhal-like insect, that is a harbinger of spring

• Hundreds of nominations for invertebrate of the year whittled down to 10

Everybody loves bees. But these bumbling pollinators are ten a penny. How about a pollinator who twerks? A pollinator with a bum-bag for storing sand? A pollinator that pretends it’s a bee but actually looks far cooler? A pollinator with a dark side?

All hail the dark-edged bee-fly (Bombylius major), a beautiful insect that’s been likened to a fluffy flying narwhal. An insect whose arrival in the skies of temperate Europe, North America and parts of Asia signifies that spring is here.

Between 24 March and 2 April, we will be profiling a shortlist of 10 of the invertebrates chosen by readers and selected by our wildlife writers from more than 2,500 nominations. The voting for our 2025 invertebrate of the year will run from midday on Wednesday 2 April until midday on Friday 4 April.

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A climate think tank has suggested a compensation scheme for European exporters of goods covered by the EU’s Carbon Border Adjustment Mechanism (CBAM) who will stop receiving free emission allowances under the bloc's carbon market.

The pulp industry may be responsible for burning up to 45 million cubic metres of wood sourced from forests and plantations across the EU each year, a report has said.

Europe's carbon market traded in a narrow range for a second successive day as traders prepared for Wednesday's expiry of the March options contract, with prices easing towards the lower of the two main strike prices while energy markets also eased off as participants waited for news on the latest round of US-Russian talks over a ceasefire deal in Ukraine.

Verra has suspended four validation and verification bodies (VVBs) that were involved in reviewing the 37 rice cultivation projects in China that the standard rejected last year after a whistleblower raised concerns about their integrity.

Bottom trawling in European waters imposes an annual cost of up to €10.8 billion on society, primarily due to CO2 emissions released from disturbed seafloor sediments, according to a pre-print study published this week.

A group of 16 investors has asked an equal number of clothing companies to commit to embedding nature-positive practices into their supply chains to reduce sustainability risks.  

An Indian agriculture technology startup has raised INR 830 million ($10 mln) from a UK investor to expand its carbon farming operations across the South Asian nation, it announced Tuesday.

Exchanges in China are exploring innovative financial products linked to carbon credits issued under the national voluntary programme, amid rising interest in project investment across the country.

Lib Dems to urge government to control sale of products containing chemicals that kill wildlife such as fish and birds

The use of toxic flea treatments for pets should be tightly restricted, the Liberal Democrats will say in parliament on Tuesday, as the chemicals kill wildlife including fish and birds.

The government is coming under pressure to control the sale of pet flea treatments containing neonicotinoids, after it effectively announced a ban on the chemicals in pesticides on farms. However, the sale of the flea treatments to pet owners is still unregulated.

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A total of 15 of the 19 countries that have submitted updated Nationally Determined Contributions (NDCs) under the Paris Agreement are planning to increase their renewable energy ambition ahead of 2035, according to a report by two non-profit research and campaign groups.

Australia on Tuesday announced A$4.3 billion ($2.7 bln) in new spending to reach net zero emissions, but attracted criticism from environmental groups for lack of new funding to protect nature.

Decarbonising Europe’s ammonia industry hinges on targeted subsidies and carbon pricing, but domestic producers may still lose out to cheaper US imports backed by generous subsidies and looser carbon accounting rules, a report released this week has found.

Landlocked Laos will need to modify its energy system and rely less on hydropower if it is to decarbonise, meet its net zero target of 2050, and its nationally determined contribution (NDC), a regional grouping has warned.

MPs likely to be whipped against move to add protections, as government says it is already taking action on risk of forced labour

Ministers have been accused of turning a “blind eye to slavery” by ordering Labour MPs to remove legal protections to stop money being spent by state-owned Great British Energy on solar panels manufactured by forced labour in China.

The protections were added to the government bill in the House of Lords via an amendment from the cross-bench peer David Alton, which said the new body must not spend money on solar or other materials where supply chains had “credible evidence of modern slavery”.

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The Catalytic Climate Finance Facility (CC Facility) on Tuesday issued a tender looking for high-impact, scalable, and market-ready blended climate finance solutions in developing economies.