Non-profit calls on Europe’s biggest banks to adopt science-based net zero targets
A London-headquartered NGO has written to the CEOs of Europe’s 20 largest banks, including HSBC, Barclays, and BNP Paribas, urging them to set science-based targets for financing sectors vital to the net-zero transition, it announced Tuesday.
Read MoreElectromobility group urges EU to mandate corporate fleet electrification for transport decarbonisation
An alliance of automakers, fleet operators, and civil society groups has called on the European Commission to introduce binding electrification targets for corporate fleets, with the aim of accelerating the take up of electric vehicles and cutting transport sector emissions.
Read MoreUK university collaborates with recycling firm to generate soil carbon credits
A waste management company has teamed up with a UK university to measure and verify carbon capture in soil, targeting what it said could be a £200 million opportunity in the carbon credit market.
Read MoreUNFCCC unveils template documents to help developers of Article 6 carbon projects
The United Nations Framework Convention on Climate Change (UNFCCC) has published a set of templates to guide project developers wishing to engage with the Paris Agreement Crediting Mechanism (PACM) under Article 6.4 of the Paris Agreement.
Read MoreIreland must cut emissions 6.3% per year by 2040 to meet targets, advisors say
Ireland must cut greenhouse gas emissions by 6.3% annually in the next 15 years under a new carbon budget proposal from the country’s independent advisory body on climate change.
Read MoreUS projects target direct air capture development, biogas carbon credits
A direct air capture (DAC) developer is set to launch a pilot plant in New Mexico, while a renewable fuels producer has signed an agreement to generate biogas carbon credits, according to announcements made Thursday.
Read MoreNew geothermal technology could advance US zero-carbon power goals -report
Emerging geothermal methods could play an important role in achieving a zero-carbon electricity grid in the US, according to recent analysis by a global non-profit.
Read MoreEU funds misaligned on net zero claims despite ESG labels -report
Nearly 90% of EU funds using ESG or climate-related names are misaligned with the path to net zero emissions, and many rely on fossil fuel investments, according to a study released on Thursday.
Read MoreFrontier launches rock deposit challenge to advance carbon removal research
Buyers club Frontier will offer grants to support the identification of reactive rock deposits suitable for carbon removal (CDR) projects.
Read MoreCDR funding platform lands $5 mln from Salesforce
A Stockholm-based climate funding platform has secured $5 million from US software giant Salesforce to scale early-stage carbon removal funding, the company announced on Wednesday.
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