FEATURE: Cargo shippers driven to cut emissions see value of having the wind in their sails
As the shipping sector faces an increased need to account for its carbon emissions, from inclusion in the EU ETS to new carbon indexation rules, ship owners are looking for innovative ways to cut CO2, with some returning to the traditional method of sail power to reduce fuel consumption.
Read MoreFloating offshore wind developer calls for innovations that support biodiversity
A leading offshore wind developer is calling for innovations in the realm of floating offshore wind that support biodiversity enhancement and help ensure that wind farms co-exist peacefully alongside other sea users.
Read MoreCARBON FORWARD 2023: Implement CBAM first before expanding its scope, urges industry representative
The EU should first test whether its carbon border adjustment mechanism (CBAM) delivers on its objectives of reducing emissions in third party countries and providing carbon leakage protection for European industry, before expanding its scope within existing, or to additional, sectors, an industry representative said on Thursday.
Read MoreCARBON FORWARD 2023: Pakistan developing Article 6 framework for int’l carbon trade, planning domestic market
Pakistan is working to build a framework for how it will approach Article 6 international emissions trade and is in talks with several parties around bilateral agreements, according to a government official, while also working on sectoral targets as part of its nationally determined contributions (NDCs).
Read MoreUK’s Transition Plan Taskforce delivers framework for corporate climate transition plan disclosure
The UK’s Transition Plan Taskforce (TPT) on Monday unveiled its ‘gold standard’ Disclosure Framework to guide large corporations around presenting their climate transition plans, in alignment with globally recognised reporting frameworks and standards.
Read MoreVerra touts ramp up of digitisation, remote sensing in its carbon project activity
The world’s largest carbon credit standard will ramp up use of digitisation and technologies such as remote sensing, in order to improve transparency for market participants and monitor projects on an ongoing basis, a conference heard this week.
Read MoreCommercial forestry investor starts to factor carbon into its returns where there is market certainty -conference
The forestry division of a UK-based alternative asset manager is starting to factor carbon credit revenue into the returns of its commercial forestry assets where there is some degree of market certainty, a conference heard on Thursday.
Read MoreEU should speed up wind energy roll-out, strengthen renewables target to hit 1.5C goal, says NGO
A non-profit is urging the EU to more than double its yearly deployment of wind energy by 2030 in order to achieve the bloc’s 42.5% renewable energy target, while also advocating for the bloc to strengthen that goal to as much as 50% to better align with the Paris Agreement, according to a report released on Thursday that comes as the bloc is increasingly beset with issues that could hinder those ambitions.
Read MoreFEATURE: Environmental interests are a driving force behind rising land prices
Growing awareness of natural capital opportunities such as carbon and biodiversity credit-generating projects is an important factor driving up land values, particularly in supply-constrained markets such as the UK, according to industry sources.
Read MoreUAE bank signs strategic partnerships to supply carbon credits and scale regional trade
The largest bank in the UAE has signed two strategic partnerships for the supply of “high-quality” carbon credits in a further step to becoming the UAE’s carbon trading hub.
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