A clean cooking project frontrunner, with aspirations to supply the CORSIA aviation offsetting scheme, has folded after the Kenyan government reportedly rejected the company's request for a Letter of Authorisation (LoA).

A major voluntary carbon standard has applied its first labels of eligibility to credits for use under the international aviation sector’s offsetting scheme, it announced Friday.

European carbon prices posted their largest monthly decline in 11 months, and the biggest weekly loss in almost two years as determined and relentless offloading of long positions pushed EUAs to their lowest in more than seven weeks amid a search for signals from technical indicators, while natural gas rallied amid renewed forecasts for colder weather.

The climate policy adviser to European Commission President Ursula von der Leyen has backed the idea of continuing to hand out free carbon allowances to industries under the EU Emissions Trading System (ETS), provided companies invest in cutting their emissions, he told a panel on Thursday evening.

Future funding - Voyager Ventures has raised $275 mln for a new fund aimed at investing in energy, industrials, and climate technology companies in North America and Europe, ESG Today reported. Fund II will target technologies that span energy production and distribution, advanced manufacturing, critical materials, physical AI, and compute. Investment sectors include carbon removals, distributed energy, and AI systems. Its initial funds focused on early-stage climate tech startups advancing decarbonisation solutions in mobility, energy, carbon removal, and more.

High electricity prices, and complex value chains, are making carbon capture and storage (CCS) unviable for the cement industry without public subsidies, a senior executive at Heidelberg Materials has warned.

The European Commission will present before Christmas a proposal and impact assessment detailing how international carbon credits generated under Article 6 of the Paris Agreement could be used within the EU’s climate framework, officials confirmed.

Scotland's preferred approach to expanding the UK's Emissions Trading System (ETS) to maritime would be to grant exemptions for island ferries, fishing, and state maritime activity, according to the country's latest impact assessment.

Scotland’s parliament approved legislation this week to embed binding nature recovery targets in law, giving ministers new powers to develop legislation pertaining to wildfire management, sustainable forest management, and protected sites.

The Greenhouse Gas Protocol (GHG Protocol) has released its first dedicated global standard for accounting land-based emissions and carbon removals within corporate greenhouse gas (GHG) inventories, following five years of development, it announced Friday.

Germany’s federal administrative court has ruled that the government’s 2023 Climate Action Programme falls short of legal requirements and must be strengthened to ensure the country meets its emissions reduction targets for 2030.

The UK must reframe its clean power narrative around energy security, affordability, and local benefits if it is to maintain cross-party consensus and public support, a new report has found.

France faces EU legal action on renewables – The European Commission on Friday stepped up legal action against France for dragging its feet on fast-tracking renewable energy permits, sending Paris an additional reasoned opinion for failing to fully transpose key provisions of the revised EU Renewable Energy Directive. The directive’s permitting rules, in force since November 2023, were due to be implemented by 1 July 2024 and are meant to simplify and speed up approvals for renewables and related grid projects, including through strict time limits and “overriding public interest” status. France now has two months to comply or risk being referred to the EU Court of Justice with possible financial sanctions.

Energy Charter Treaty pullout – The European Commission on Friday launched infringement proceedings against 16 EU countries that remain in the Energy Charter Treaty (ECT), demanding they withdraw “without undue delay” after the EU and Euratom left the pact in June 2025. The letters of formal notice were addressed to Belgium, Bulgaria, Czechia, Estonia, Ireland, Greece, Croatia, Cyprus, Latvia, Hungary, Malta, Austria, Romania, Slovakia, Finland and Sweden. The Commission argues the ECT, which governs cross-border energy trade and investment, falls under the EU’s exclusive competence on trade and investment, and that the member states concerned have not taken any steps to withdraw from the Treaty.

Singapore and Rwanda have opened a new call for carbon credit project applications under their bilateral Article 6 agreement, the two governments said on Friday.

Food emergency - The UK's food industry is facing a 'national emergency' without faster climate action, said Ken Murphy, CEO of supermarket chain Tesco at an event in London this week. Resilient, low-carbon supply chains and healthier products are no longer optional extras but key to keeping food affordable and available for British consumers, he said. Progress has been made on regenerative agriculture in recent years, but shifting geopolitics and economic pressures have since begun dampening momentum. Collaboration between retailers, farmers, suppliers, and charities is key to share learnings and risk, particularly in helping farmers weather the financial burden of adopting new technologies. Tesco is calling for standardised UK-wide metrics on soil health, biodiversity, and carbon reduction to build resilient supply chains, and faster planning decisions to deliver sustainable projects. (edie.net)

Land-intensive carbon removal (CDR) could hamper biodiversity protection unless site selection criteria are improved, a study released on Friday has said.

The European Investment Bank (EIB) Group ramped up its role as the EU’s self-styled “climate bank” in 2025, with almost 60% of a record €100 billion in annual financing directed to green projects spanning clean energy, grids, storage, and climate resilience infrastructure.