Funding barriers slow UK building sector decarbonisation efforts -report
Efforts to cut emissions from the UK’s building sector are being hampered by persistent funding gaps and fragmented policy, according to a new report.
Read MoreCarbon market players launch protocol to standardise credit data and governance
A group of 30 firms, non-profits, and public sector bodies on Tuesday launched a global initiative to create a protocol to standardise data definitions and rules for carbon crediting projects.
Read MoreDanish fund manager raises €12 bln for latest renewable energy fund
A Copenhagen-based investor has secured €12 billion for its largest renewable energy fund to date, it announced last Friday.
Read MoreMajor investment gap threatens buildings sector decarbonisation goals -report
While emissions from the buildings sector have stopped rising for the first time since 2020, a $1.1 trillion investment gap could derail global objectives to decarbonise the sector, according to a report released Monday.
Read MoreGlobal forum announces over $900 mln for clean energy transition initiatives
Governments and organisations at a global forum in Barbados last week committed more than $900 million to expand energy access and support the clean energy transition across Africa, Asia, and Latin America.
Read MoreSpanish airline partners with Google-backed DAC startup to explore CDR projects
A Spanish air carrier announced Thursday it has signed a two-year agreement with a Google-backed direct air capture (DAC) startup to explore carbon credits projects.
Read MoreBP reports 38% reduction in Scope 1 and 2 emissions, new biodiversity projects in 2024
BP last week reported a 38% reduction in its combined Scope 1 and 2 emissions in 2024, compared to a 2019 baseline, bringing total emissions down to 54.5 million tonnes of CO2 equivalent.
Read MoreRussia issues first carbon credits under Sakhalin trading experiment
A Russian energy company has become the first to receive carbon credits under an experimental carbon trading scheme on the gas-rich Sakhalin island near Japan, local media reported Thursday.
Read MoreAgroforestry avoids between 43.3 and 74.3 MtCO2e annually in Southeast Asia -report
Agroforestry has helped reduce deforestation across Southeast Asia by an estimated 250,319 hectares per year between 2015 and 2023, preventing between 43.3 and 74.3 million tonnes of CO2 equivalent emissions annually, a study released Tuesday has found.
Read MoreNordic bank signs multi-year BECCS deal as part of new CDR strategy
A Helsinki-headquartered bank announced Thursday it has signed a multi-year agreement with a Norwegian firm to capture and permanently store at least 68,000 tonnes of CO2 using bioenergy with carbon capture and storage (BECCS).
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