FEATURE: Traders, asset managers start to take action on EU ETS2 commercial risks
Traders and asset managers appreciate the commercial risks attached to the EU’s new emissions trading scheme for road transport and heating fuels (ETS2) and are increasingly taking measures to mitigate its future impact, say industry sources.
Read MoreNature-based solutions often overlook climate-biodiversity nexus, study says
Nature-based solutions (NbS) projects must better consider the impacts of climate change on biodiversity, as temperature shifts in the long term are set to increasingly affect species conservation efforts worldwide, according to a recent paper.
Read MoreEU climate chief Wopke Hoekstra sails through Parliament confirmation hearing
Wopke Hoestra will remain the EU’s climate chief for the next five years, after committing to push for a 90% emissions reduction target for 2040 while emphasising the need to reconcile climate action and industrial competitiveness, in his confirmation hearing with the European Parliament on Thursday.
Read MoreVerra certifies first ARR carbon project in Europe
A pan-European afforestation carbon project has become the first of its kind to be registered by Verra, it was announced Thursday.
Read MoreMajor brands urge EU to stick to deforestation law’s original start date
Over 50 companies have called on the European Parliament not to weaken the EU Deforestation Regulation (EUDR) through amendments, warning that the recently proposed delay could leave the law vulnerable to changes that would undermine its impact on deforestation.
Read MoreICVCM still assessing cookstove carbon methodologies for CCP status, REDD+ announcement imminent
Discussions around clean cooking methodologies are still ongoing at the Integrity Council for the Voluntary Carbon Market (ICVCM), Carbon Pulse has learned, likely pushing to next month the decision that will determine which credits in the sector will be eligible for the Core Carbon Principles (CCPs) high-integrity badge.
Read MoreCarbon market standard setter recommends crediting bodies connect with CAD Trust
A global standard-setting organisation for carbon markets in a statement Thursday recommended that crediting programmes connect to the World Bank-backed Climate Action Data Trust (CAD Trust).
Read MoreAmazon deforestation falls by over 30%, records largest drop in 15 years
Deforestation in Brazil’s Amazon fell by more than 30% between Aug. 2023 and July 2024, marking the most significant percentage drop in 15 years, according to government data.
Read MoreNature mapping company launches project insights platform for greater transparency
A provider of audit-grade nature mapping insights has launched an online project insights platform to offer tracking of project performance and greater transparency into impact claims.
Read MoreBoardrooms increasingly fret about reaching net zero despite political backlash, finds survey
Momentum for net zero is building in the boardroom and leaders are refusing to abandon their plans, finds a survey of US and UK executives, despite a growing political backlash against the cost and pace of the green revolution that is expected to only intensify after the election of Donald Trump to the White House.
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