Feed aggregator
Euro Markets: EUAs trim early losses as steady buying shrugs off natural gas decline
European carbon allowance prices recovered from early sharp losses on Thursday morning but ended the day down, pulled lower both by a sharp drop in natural gas prices as the spread to Asian prices narrowed, and by early technical selling after the weekly positions data showed a small build in investor net length.
Categories: Around The Web
Finnish low-carbon tech company lands Canadian mining partner
A Finnish low-carbon technology company is entering the Canadian market for the first time with a new mining partnership.
Categories: Around The Web
France launches corporate carbon credit pledge in bid to advance Article 6 implementation
The French government has launched a new 'charter' in a bid to guide and scale corporate carbon credit investment, as the country aims to further the implementation of commitments outlined in the historic Article 6 deal agreed at COP29 last November.
Categories: Around The Web
Large multinational buyer seeks 200-300k “high-quality” CDR credits by 2030
A carbon management services provider representing a Fortune 50 multinational buyer has opened a call for proposals for "high-quality" removal projects, prioritising methods like improved forest management, ARR, direct air capture, and BECCS, with a target purchase of 200,000-300,000 tonnes by 2030.
Categories: Around The Web
FEATURE: Horse, cart need to advance together as large investors seek opportunities in Canadian biodiversity
Organisations looking to spur rapid investment in biodiversity and nature finance in Canada say it is time for large capital investors to put their money on the table.
Categories: Around The Web
UK, EU push low-carbon power as route to energy stability, while US fights the net zero agenda
Low-carbon power is essential to long-term energy security, UK and EU leaders said at a global summit in London Thursday, while the US rejected the “harmful and dangerous” net zero agenda.
Categories: Around The Web
Carbon removal developer raises $15 mln in Series A extension funding
A developer of engineered carbon removal projects has raised $15 million in Series A extension funding, it announced Thursday.
Categories: Around The Web
China needs more ambitious carbon intensity target to meet its climate commitments, report says
China should set a more ambitious carbon intensity target in the next five-year economic plan to fulfil the pledges it has made under the Paris Agreement, according to a report published Thursday.
Categories: Around The Web
EU Commission proposes integrating High Seas Treaty into law
The European Commission proposed on Thursday to integrate the so-called High Seas Treaty, which seeks to curb biodiversity loss in international waters, into EU law.
Categories: Around The Web
FEATURE: UN, Brazil pressure countries to strengthen climate plans and fulfil promises
The UN and Brazil are upping the pressure on countries around the world to submit strengthened climate action plans for the decade ahead, with seven months to go before a COP summit that will make clear whether countries are acting on pledges to transition away from fossil fuels and ramp up renewables.
Categories: Around The Web
EU Commission explores how nature credits can mobilise investment
The European Commission this week convened agricultural groups and banks in an effort to explore how nature credits can encourage private investment in conservation.
Categories: Around The Web
Linking UK, EU emissions trading systems not too legally complex, says law firm
Analysis from an international law firm has concluded that linking the UK and EU emissions trading schemes (ETS) is feasible outside the framework of the Brexit process and not too legally problematic.
Categories: Around The Web
Lawmakers vote 83% mandatory annual filling target for EU gas storage
A draft law to amend the bloc's gas storage regulation cleared the first hurdle in the European Parliament, with members of the industry committee agreeing on Thursday to extend by two years the storage targets introduced in 2022 following Russia's invasion of Ukraine, while lowering the mandatory annual filling target from 90% to 83%.
Categories: Around The Web
Gold Standard tweaks rules to align with Paris Agreement, introduces new requirements for cookstoves
Gold Standard has introduced new rules aimed at aligning more closely with the Paris Agreement and updating biomass accounting practices concerning cookstoves projects, it said Thursday.
Categories: Around The Web
Eni scores financial close with UK govt on CCS project
Eni has reached financial close with the UK government on a carbon capture and storage (CCS) project in northwest England, where the Italian oil major will operate the CO2 transport and storage infrastructure.
Categories: Around The Web
EU Parliament committee votes in favour of CBAM simplification
The European Parliament's Committee on Industry, Research, and Energy (ITRE) gave the green light on Thursday to changes proposed by the European Commission to simplify the EU's carbon border tariff.
Categories: Around The Web
Trade war could shift climate investment to Latin America, Southeast Asia, say analysts
US President Donald Trump’s tariff war could see rapidly expanding climate funds turn their attention to Latin America and Southeast Asia, analysts have predicted.
Categories: Around The Web
Belgian agritech firm adds biodiversity, soil, water metrics to carbon-focused farm assessment
A Belgian agritech firm has launched a farm assessment framework that adds biodiversity, soil, water, climate, and socio-economic metrics to its existing carbon-focused approach, the company announced Thursday.
Categories: Around The Web
EU warned against Japanese model of LNG infrastructure investment
Asian civil society groups have warned Europe against the Japanese model of financing liquefied natural gas (LNG) infrastructure abroad, saying this would conflict with EU climate goals and lock the bloc’s dependence on fossil fuel infrastructure for the long term.
Categories: Around The Web
Norfolk bird surveyors find Britain’s oldest known oystercatchers
Birds in their 40s wintering on mudflats of the Wash received leg rings in early 1980s
If your ears are assaulted by the shrill piping calls of an excitable bird on the east coast of England, fear not: it’s probably an oystercatcher experiencing a midlife crisis.
Two of the handsome black and white birds with bright red-orange bills have been found to be the oldest known oystercatchers ever recorded in Britain, clocking up at least 41 and 43 years on the mudflats of the Wash.
Continue reading...
Categories: Around The Web