Regulators announce increase to Swiss-EU ETS allowance transfer days for 2024
The EU and Switzerland have published the ETS allowance transfer window schedule for 2024, providing near-daily opportunities for units to flow between the linked carbon markets.
Read MoreEU to renew glyphosate approval for a decade despite divisions
The EU will extend for 10 years authorisation for the use of glyphosate, the European Commission said on Thursday, exercising its default power after member states failed to agree.
Read MoreEU co-legislators agree on methane emission rules for the energy sector
EU co-legislators in the early hours of Wednesday morning agreed a provisional deal on rules that will limit methane emissions from the energy sector, including a clause hard-fought from the Parliament to extend the rules to energy imports in three years.
Read MoreNature bill deal may signal end of challenge to the EU’s green agenda, say MEPs
The worst of this year’s acrimony among EU lawmakers over green issues may now have passed after a deal was found on the bloc’s nature bill, MEPs suggested at an event in Brussels on Tuesday as a leading global climate policy expert eyed the importance of next year’s elections for determining the bloc’s level of climate ambition.
Read MoreUPDATE – UK to launch carbon border measure to align with EU, as Australia seeks views
The UK is planning to launch its own carbon border adjustment mechanism that would mirror the full 2026 launch date of the EU’s programme, the FT reported on Monday, citing anonymous officials, while the Australian government announced it’s assessing the need for its own CBAM.
Read MoreNorway government proposes budget allowing for major EU carbon unit spend
The Norwegian government on Friday set out a 2024 budget proposal that would carve out $270 million for it to spend on carbon units to help meet its EU climate policy obligations.
Read MoreXpansiv removes suspended Kariba, Kasigau REDD projects from N-GEO eligibility
Xpansiv CBL has removed the Kariba and Kasigau REDD projects from its list of pre-screened projects, the carbon credit marketplace said in a note early on Tuesday, meaning that credits from these projects are no longer deliverable under its N-GEO nature-based standardised spot contract.
Read MoreUK lines up support package for its remaining integrated steelworks -media
The UK is due to announce a support package to convert the nation’s remaining coal-based steelmaking to run on electricity, public broadcaster BBC reported on Monday, though the government did not confirm this by the end of the day.
Read MoreNegotiators strike deal on forming UN climate loss and damage fund
National officials agreed recommendations on the design of the new climate loss and damage fund late on Saturday, though US objections could tee up problems when governments consider the plans at the year-end COP28 UN climate summit.
Read MoreUN carbon crediting experts to hold extra meeting as scheduled talks stumble
The body guiding the Paris Agreement’s carbon crediting mechanism has hastily scheduled an extra meeting for later this month after this week’s talks broke without progress in key areas despite deciding on several elements that will help speed development over the next year.
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