CARBON FAST FORWARD – MEDITERRANEAN 2023: Greek cement firm issues plea for export support as CBAM set to hit hard on EU’s southeastern edge
A Greek cement producer is urging the EU to add export provisions to its carbon border adjustment mechanism (CBAM), with the nation’s export-focused sector left acutely exposed at the EU’s south-eastern edge.
Read MoreCarbon removal intermediary raises $13 mln in fast-growing nascent sector
A startup carbon removal marketplace has raised $13 million in Series A funding after claiming a substantial share of the high-value deals seen to date in the nascent sector.
Read MoreVoluntary carbon firms forge ties to de-risk investments for both sellers and buyers
Voluntary carbon market actors are teaming up to help de-risk investments, with two firms developing jurisdictional-level policy risk assessments for carbon credit buyers while two more work on getting early-stage project development to be comprehensive enough to insure.
Read MoreSwiss voters approve 2050 net zero climate law
Swiss citizens on Sunday approved the introduction of a climate law to reach net zero emissions by 2050, two years after rejecting a more detailed implementation bill on cost concerns.
Read MoreCORRECTION: Swiss to vote on nation’s climate law as government rejects CBAM for now
Switzerland faces a public vote on Sunday on whether to back the government’s draft climate law, with one prominent poll suggesting that citizens may reject climate legislation for a second time in two years.
Read MoreGold Standard and GGGI team up to launch policy crediting framework
Carbon credit certifier Gold Standard has partnered with the intergovernmental body Global Green Growth Institute (GGGI) to deliver a policy crediting framework than would enable country-to-country emissions trade at scale under Article 6 of the Paris Agreement.
Read MoreImpact investment fund provides $3.5 mln to expand African cookstove supply
An impact investment fund has agreed to disburse $3.5 million to a project developer to distribute a further 90,000 cookstoves via an existing carbon crediting programme in Africa.
Read MoreTech companies team up to launch draft UK peatland crediting blueprint
Two UK-based technology companies have partnered to publish a draft methodology for crediting emissions removals from restoring peatlands.
Read MoreSingapore investor lines up deal for Ghana nature carbon project, eyeing ITMO trade
The low-carbon business unit of the Singaporean government’s investment company is lining up a deal to invest in a nature restoration project in Ghana that it hopes can ultimately supply Singapore with correspondingly-adjusted carbon credits to help meet the nation’s Paris Agreement emissions pledge.
Read MoreFEATURE: EU’s global search for critical minerals could start close to home
The EU has been touting South America as a solution to its lithium supply problem, despite the presence of a mine on its doorstep that could supply up to 90% of its needs for the raw material deemed essential for the energy transition while also spurring changes to the bloc’s climate policy outreach.
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