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ARB confirms second 15-day package for proposed LCFS rules
California regulator ARB will release a second 15-day notice regarding proposed changes to the state’s Low Carbon Fuel Standard (LCFS), an agency official confirmed at a conference Tuesday. Read MoreTop
Cookstove and REDD+ voluntary carbon methodology decisions expected early November, says ICVCM
Decisions over the cookstove and REDD+ methodologies that will be eligible for the high-integrity Core Carbon Principles (CCPs) label will be made at the start of November, the Integrity Council for the Voluntary Carbon Market (ICVCM) confirmed on Tuesday. Read MoreTop
UPDATE - Hoekstra re-appointed EU climate chief in surprise move
The incumbent EU climate commissioner, Wopke Hoekstra, was re-appointed to the portfolio on Tuesday as European Commission President Ursula von der Leyen unveiled her new team that will lead EU policymaking in Brussels for the next five years. Read MoreTop
FEATURE: CBAM costs threaten to further decimate Ukrainian exports
Ukraine's war-torn economy stands to bear some of the greatest strain from the full arrival of the EU's Carbon Border Adjustment Mechanism (CBAM), imposing a new carbon fee on goods that account for one-fifth of Kyiv's exports to the bloc - and billions in revenue. Read MoreTop
Insurance firm launches new voluntary carbon product with bank
A London-headquartered insurance firm has launched a new product, first rolled out with a bank, that will cover commercial loans to voluntary carbon projects, it announced Tuesday. Read MoreTop
Grid limitations stall global renewables growth -report
Renewable energy can fully meet global energy demands, but urgent upgrades to grid infrastructure and integrated planning will be essential, according to a report on Tuesday. Read MoreTop
Polish state aid plan approved under EU rules for supporting net zero sectors
The European Commission has approved a €1.2 billion Polish state aid scheme, under the bloc's recently relaxed subsidy rules, to support investments in sectors producing the equipment needed to transition to net zero emissions, it announced on Tuesday. Read MoreTop
US tech firm partners with UN on new AI models for clean energy access
A US tech company has partnered with the United Nations Development Programme (UNDP) to develop two new interactive tools to forecast future access to electricity across jurisdictions and to model clean energy equity. Read MoreTop
Kenya-based startup sells Africa’s first ERW carbon credits -media
A Nairobi-headquartered company has sold Africa's first enhanced rock weathering (ERW) carbon credits, according to Bloomberg. Read MoreTop
Euro Markets: EUAs end 3-day losing streak after early 5-month low amid strong natural gas rally
European carbon prices set a new five-month low before bouncing sharply on Tuesday and unwinding the last two days of losses, tracking an equally strong gas market as compliance buying interest appeared to provide a floor for prices. Read MoreTop
Large corporates making 'quiet' climate progress, finds report
The world's largest companies are making gradual progress on emissions reductions and setting more significant climate targets, with more firms looking to use voluntary carbon credits to meet these goals, according to a report released Tuesday. Read MoreTop
CIX appoints new CEO as part of ‘natural evolution’
Singapore’s Climate Impact X (CIX) has appointed a permanent CEO after its chief operating officer had held the interim position for several months to replace Mikkel Larsen, while one of its existing board members will step up to chair the company. Read MoreTop
Five takeaways for climate policy in the new European Commission
Commission President Ursula von der Leyen's choice of portfolios for the EU's new executive team in Brussels makes one thing abundantly clear: climate policy will be everybody's business in the next five years. Read MoreTop
Financiers with $29 trillion urge nature positive, climate action
A global investor statement was released Tuesday, with signatures of 534 financial institutions managing more than $29 trillion in assets calling for a whole-government approach to reaching nature positive and net zero emissions. Read MoreTop
