Inaugural $500-mln bond for climate action hugely oversubscribed
An inaugural bond for climate action has raised $500 million from largely EMEA-based investors in a round that was over six times oversubscribed.
Read MoreOn-farm biochar provider launches consultation on Biochar Carbon Code
A provider of on-farm biochar solutions in the UK launched a public consultation Thursday on its new Biochar Carbon Code, aiming to set the benchmark for high-quality biochar carbon removal.
Read MoreFEATURE: More IMO member states align behind proposed GHG levy for shipping
The prospect of a global emissions levy on shipping is getting closer to reality, according to a recent briefing and document from the UN’s International Maritime Organization (IMO).
Read MoreNord Stream methane leak found to be nearly double initial estimates
Methane emitted from the Nord Stream pipeline leak in 2022 has been found to be nearly double the initial estimates, according to academic researchers.
Read MoreBRIEFING: UK mandate mounts pressure on aviation sector, as Heathrow accelerates SAF adoption
Heathrow Airport has increased its incentive scheme for sustainable aviation fuel, aiming to boost it to 3% of total jet fuel use in 2025 — but UK industry is under heat to meet growing need for the cleaner fuel, faced with challenges including project finance and access to resources.
Read MoreINTERVIEW: European carbon capture developer plans to help emitters monetise biogenic CO2
The possible inclusion of waste incinerators in the EU ETS will incentivise them to capture CO2 to both reduce their compliance payments and to generate carbon removals from the biogenic portion, according to a Norwegian project developer.
Read MoreBRIEFING: UK to rely heavily on removals and emissions trading to reach its 2050 jet zero target
Only 36% of the UK’s ability to achieve net zero emissions in aviation by 2050 will come from low-carbon fuels and technologies and improved fuel efficiency, with the remainder to come from abatement outside the aviation sector and trading under the UK ETS and global aviation offsetting scheme, according to government projections.
Read MoreGrant programme awards £52 mln to emissions-cutting projects across Britain
Companies with innovative projects to reduce emissions have been granted £51.9 million as part of the UK’s Plan for Change to deliver on net zero, the government said on Thursday.
Read MoreSBTi appoints new CEO from global consultancy
The Science Based Targets initiative (SBTi) has announced the appointment of a new CEO, who currently serves as partner at a ‘big four’ global consulting firm, and was the founding head of an influential climate advisory group to the UK government.
Read MoreFEATURE: Protecting wetlands through carbon projects helps preserve key global emissions sink
There is huge potential to scale carbon finance for the protection of wetland ecosystems, which would in turn bring innumerable benefits, from CO2 to absorbing other pollutants, according to experts.
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