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Eleven African countries have forged a new alliance to generate ITMO credits from a large reforestation and conservation carbon project.

In the coming years, the EU's Emissions Trading System could incorporate new sectors and be extended to neighbouring countries like Ukraine or tied up with the UK, according to research published on Thursday.

Germany rebuffed calls on Thursday to issue new joint EU debt as a way to finance the green and digital transitions, rejecting one of the key tenets of a report by former central banker Mario Draghi to restore the bloc's competitiveness.

Buyers are willing to pay more for voluntary carbon credits from projects that contribute towards the United Nations Sustainable Development Goals (SDGs), according to new research.

Outside of the power sector, carbon taxes are largely ineffective at driving decarbonisation when implemented on their own, according to an academic interviewed by Carbon Pulse.

England’s recycling rate decreased in 2022 as rest of UK improved but country still lags behind Europe

Just 44% of UK household waste is being recycled, government statistics show, as the recycling rate in England is going down instead of improving.

The UK recycling rate for waste from households was 44.1% in 2022, the latest year the government had data for, down from 44.6% in 2021.

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The government of Chile has kickstarted an initiative aimed at ramping up ocean protection efforts, as discussions over the need to hasten the implementation of the Biodiversity Beyond National Jurisdictions (BBNJ) treaty have taken centre stage at the UN headquarters this week.

Colombia, Kenya, Cambodia, Mexico, and Peru are the top five most attractive countries for investors in carbon credits, according to an updated index.

Guyana has launched a global alliance that will host a summit next year focused on starting a biodiversity credits market, among other forms of innovative financing.

European carbon fell back on Thursday morning, reversing some of the gains made during Wednesday's rally due to a downward correction in TTF gas prices, as technical analysts also pointed to a more bullish outlook for the Dec-24 after it breached a key resistance level during the previous session, while UKAs shed as much as 5% on a one-year extension proposed by the government to the current free allocation period.

A rating agency has launched a network service to help buyers find and purchase voluntary carbon credits across various project stages, including pre-issuance, it announced Thursday.

China's Chongqing has introduced an incentive mechanism to encourage companies regulated by the local emissions trading system to take more climate actions, as it released the 2023 allocation plan for the scheme.

It’s that time of year when homes fill with hairy eight-legged monsters. At least they keep the flies under control …

It is giant spider season and I am delighted. As someone who is ravaged by flying insects all summer, I welcome these eight-legged death machines into my home with open arms. Speckle-backed Tegeneria? Be my guest! I would far rather something that looks like an animated tomato stalk occasionally scuttled across my curtain than be beset by a swarm of fruit flies, bluebottles or midges. I have even heard that spiders might eat clothes moths, although I think for them to have a significant impact on numbers I would have to lean even further into my Miss Havisham alter ego and stroll around bedecked by webs.

I wasn’t always this way. As a child, I was as terrified of spiders as I am today by droughts and unfiled tax returns. I would watch in amazed horror as my country-born mother picked up arachnids the size and heft of dogs and calmly threw them out the window. There were whole cupboards I refused to open for fear of spiders. Once, after accidentally walking into a web during a game of hide and seek, I actually vomited at the thought of a spider being close to my skin (they found me quite quickly after that).

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On my return to the UK from Brazil I’ve seen how northern latitudes are behaving like the equatorial margins

Returning to British suburbia from the Brazilian Amazon is always disconcerting, but it has been doubly weird in the past few days because the London commuter belt has been inundated with volumes of rain that normally belong in the tropics.

Mini-tornadoes, flash floods and the dumping of a month’s worth of rain in a single day have flooded transport hubs, high street pubs, and the shrubs of semidetached homes.

Come friendly bombs and fall on Slough!

It isn’t fit for humans now,

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A South Africa-based conservation NGO has announced a $1-billion plan to scale nature preservation efforts across Africa, including through strengthening the network of protected areas (PAs).

The UK ETS Authority has proposed moving the start of the second allocation period from 2026 to 2027, extending the current period to include 2026, it said Thursday.

The EU’s Emissions Trading Scheme for road transport and heating fuels (ETS2) is turning into a “political minefield” as EU countries accuse Brussels of imposing higher fuel costs on households, said a senior EU lawmaker who warned against “a populist situation” taking root.

The next phase for an international bioeconomy that sustainably uses natural resources needs to be countries delivering more national strategies on the topic, a NatureFinance executive has said.

Norway has extended its multimillion-dollar rainforest protection initiative to 2035, according to a government statement.

Industry insiders are angry that Victorians will have to pay networks' costs of complying with the new solar switch off mechanism.

The post Solar industry irate as Victorians to bear cost of technology to switch off rooftop PV appeared first on RenewEconomy.