Asian steelmakers seek to weaken EU’s CBAM, lobbying study finds
Japanese and Korean steel industries appear to be actively lobbying the EU and other institutions to weaken the carbon border adjustment mechanism’s ambition, according to analysis by a think-tank.
Read MoreCountries to talk about climate pledges, finance ahead of COP29
The run-up to November’s COP29 climate summit kicks off this week, with around 40 climate ministers and leaders meeting in Denmark to talk about the two key issues on the table for Azerbaijan: strengthened climate pledges and more finance.
Read MoreEU lawmakers divided over new agri policy proposals
Members of the European Parliament appeared divided as they discussed a set of potential new rules for the agri sector in a double meeting with the Commission on Tuesday.
Read MoreANALYSIS: Ageing UN carbon projects eye voluntary carbon market opportunities in light of Article 6 delays
Projects from the UN’s Kyoto Protocol-era Clean Development Mechanism (CDM) are transitioning to the voluntary carbon market (VCM) in light of stalling Article 6 negotiations, experts have told Carbon Pulse, though some caution that opportunities may only be short term, and units could be a tough sell for some buyers.
Read MoreEU ministers rubber-stamp energy and raw materials bills
The EU’s 27 foreign affairs ministers rubber-stamped two bills on Monday to protect energy markets from manipulation and ensure strategic autonomy to access critical raw materials.
Read MoreBolivia proposes Amazonian mechanism as a non-market approach to climate mitigation -media
Bolivia supports creating a regional Amazonian mechanism for climate change mitigation and adaptation through sustainable forest management, but would avoid carbon markets, according to remarks by Bolivian Vice-President David Choquehuanca, as reported by local media.
Read MoreUPDATE – EU waters down green farming policies in bid to appease farmers
The European Commission finalised a series of legislative proposals that would cut back on green requirements for farmers, announcing the amendments late on Friday afternoon.
Read MoreEU countries reach long-awaited but diluted deal on corporate due diligence bill
Ambassadors from the 27 EU member states reached agreement Friday on a bill setting due diligence rules for large companies, including an obligation to adopt Paris-aligned climate plans, with a weakened text ending a cycle of meetings to resolve the EU’s internal divisions.
Read MoreEU bank to invest millions in climate resilience of Rwanda’s farming sector
The international arm of the European Investment Bank, EIB Global, will help farmers in Rwanda face climate change under a financing agreement announced on Thursday as part of the EU Global Gateway initiative.
Read MorePREVIEW: China pushes to exclude carbon levy from efforts to reduce shipping emissions
A proposal by China that snubs a carbon pricing mechanism to reduce emissions from the shipping sector in favour of a marine fuel standard is emerging as one of the frontrunner options to be discussed at a key UN meeting next week.
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