Euro Markets: Midday Update
European carbon prices started the day sharply higher on Friday morning as traders reacted to the overnight attack by Israel on Iranian facilities, before falling back as markets appeared to price in a de-escalation of tensions in the region.
Read MoreGerman biochar firm enters US partnership to coin voluntary carbon credits from wastewater sludge
A German climate technology firm has entered a partnership in the US to create biochar carbon removals from wastewater sludge disposal.
Read MoreIndia seeks exemption from UK’s CBAM -media
India is seeking an exemption from Britain’s planned carbon adjustment border tax (CBAM) as part of negotiations aiming to finalise a free trade deal with the UK, according to an exclusive in the Guardian newspaper.
Read MoreInternational panel launches second consultation on biodiversity credits
The International Advisory Panel on Biodiversity Credits (IAPB) has launched its second consultation on the emerging biodiversity market, seeking to gather views on possible basic models.
Read MoreCN Markets: CEA price hits all-time high again on regulatory optimism, but liquidity dwindles
China’s national carbon market saw allowance prices reach a fresh high again over the past week but with lower trading volumes, as observers expect tighter allocation of permits in the upcoming market plan.
Read MoreEnvironmental consultancy releases metric to measure biodiversity in the Americas
A Danish environmental consultancy has released an open-access metric to measure the biodiversity value of sites in the Americas, seeking to inform restoration projects as well as supporting corporate disclosures on nature-related impacts and dependencies.
Read MoreNew Zealand pledges climate finance for Southeast Asia, looks at Article 6 tie with the Philippines
New Zealand has committed NZ$41 million ($25 mln) in climate finance to Southeast Asia via the Asian Development Bank’s (ADB) Energy Transition Mechanism (ETM), it said Friday, while entering into early talks with the Philippines over potential cooperation on Article 6.
Read MoreKorean water utility secures early carbon project deals in Central Asia
A state-owned water supplier in South Korea has secured partnerships with two Central Asian countries as it seeks to explore the potential of emissions reduction projects using renewable energy in the region.
Read MoreGenZero, VCMI partner to carve out role for technical innovation in “high integrity” carbon ecosystem
Temasek subsidiary GenZero has partnered with the Voluntary Carbon Markets Integrity Initiative (VCMI) to substantiate the use case for technical products such as Sustainable Aviation Fuel (SAF) certificates and understand their potential role in high integrity carbon market infrastructure.
Read MoreJapanese, Indian firms sign deal on green ammonia collaboration
A major Japanese energy company has signed an initial agreement with India’s biggest renewable energy firm on ammonia supply, the second such deal in recent months for a fuel deemed by the Indian government as eligible for export under Article 6 of the Paris Agreement.
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