Mengniu releases dairy industry’s first nature-related report based on TNFD recommendations
A Chinese dairy giant has become the first company in the industry to release its nature-related information disclosure on risks and impacts based on the Taskforce on Nature-related Financial Disclosures (TNFD) guidelines, the firm announced Thursday.
Read MoreScandinavian industrial secures first China SAF project
A Denmark-headquartered industrial company has secured its first sustainable aviation fuel (SAF) project in China as it aims to address the fast-growing global demand for cleaner fuels.
Read MoreVCM Report: Rumble in Rimba Raya distracts voluntary carbon market at time of reasonable liquidity, renewed buying interest
Grim news about the Rimba Raya REDD project last week, as well as signs that corporates are focusing on cheap voluntary carbon credits, undermined a more upbeat tone for the market, fuelled by decent liquidity and stronger buying interest.
Read MoreChina releases draft energy law, backs development of renewables and hydrogen
China’s top legislature is reviewing a draft energy law that could give additional clout to the development of renewable energy and hydrogen in the country.
Read MoreANALYSIS: CBAM hedging unlikely to have impact on EU ETS market, experts say
Some companies, including international ones, are already trying to hedge their CBAM certificate exposure by buying EUAs on the forward market, but this additional demand will not impact EUA prices, according to market observers.
Read MoreCN Markets: CEAs jump more than 10%, top 100 yuan for the first time
China’s national carbon market saw allowance prices extend recent gains over the past week, climbing above the 100 yuan ($13.80) level and rising for the seventh straight session, amid continued optimism among participants.
Read MoreWorld could add 40% new LNG capacity before decade’s end, report says
The world’s long-term supply of LNG may well outstrip demand and markets may tip into oversupply in just two years, according to a report published this week, adding to concerns over the fossil fuel industry’s ability to reduce carbon emissions in line with global targets.
Read MorePublic prefers nature-based to engineered carbon removals, study finds
Carbon removals based on nature-based solutions are generally preferred to engineered approaches amongst the general public in 22 countries, according to a study published on Wednesday.
Read MoreChina on track to reach dual carbon targets, though coal phaseout not expected by 2040 -report
China is on track to reach its carbon peaking and neutrality targets, though the country may only see its coal consumption fall by one-third by 2040, a report has found.
Read MoreAcademics warn of “paradox” of combining climate, industrial policies driven by populism
Industrial policy combined with climate goals can help to advance climate action, but it can also lead to protectionism and barriers that hinder clean technology progress, according to a paper published on Tuesday.
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