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- A European environmental commodities trading firm has refinanced and increased its syndicated borrowing base facility to €310 million to support its global trading activities and working capital needs.
- Thu 11:34The European Commission has given the green light to Czechia’s capacity market, designed to secure power supply for the next 10 years, and a €300 million Irish price relief scheme for energy-intensive companies, under EU state aid rules.
- Thu 11:03The French government announced Wednesday it has adopted its third National Low-Carbon Strategy (SNBC 3), setting out sectoral pathways to halve territorial greenhouse gas emissions by 2030 from 1990 levels and reach carbon neutrality by 2050.
- Thu 11:02Ten EU countries led by Poland have urged Brussels to pursue a “pragmatic and fair” overhaul of the bloc’s Emissions Trading System (ETS) that aims to “rebuild Europe as an industrial powerhouse” in the upcoming carbon market reform proposal due on July 17.
- Thu 09:49Net zero Tunbridge Wells - The borough of Tunbridge Wells, in the southeast England, has become the first UK local authority to have its net zero strategy and emissions reporting independently verified, under the BSI Net Zero Pathway, BSI announced on Thursday. The Net Zero Pathway audit is based on the ISO Net Zero Guidelines, and prioritises actual emissions reductions over offsets. The BSI scheme looks at the organisation's verified carbon footprint data and plans for reductions to evaluate whether the targets are realistic, achievable, and deliverable by 2050.
- Thu 07:12The International Court of Justice’s (ICJ) landmark climate advisory opinion adds moral and legal weight to the need for countries to deliver on their Paris Agreement goals despite it not being legally binding, experts have told Carbon Pulse.
- An environmental markets brokerage is joining forces with an advisory service to expand their European carbon market offering, they announced on Wednesday.
