UK spends £250 mln monthly on electricity imported from Europe -report
The UK is importing electricity from Europe at record levels, with the country now spending over £250 million each month, according to new analysis commissioned by power producer Drax.
Read MoreRevenue distribution boosts public acceptance of carbon pricing -report
Carbon pricing is easier to put in place with social policies backing it, according to new research.
Read MoreNigerian state launches voluntary carbon registry for corporates
The Nigerian state government of Lagos has launched a carbon registry so that corporates can voluntarily document their emissions, as part of efforts to achieve net zero, according to local media.
Read MoreAI could expand access to carbon markets for sustainable rice farming, says report
Artificial intelligence (AI) holds the potential to lower barriers to accessing carbon finance for sustainable rice projects, according to a new report.
Read MoreInvestors should start with materiality when addressing Scope 3 emissions -report
Financiers should adopt a materiality-based approach when addressing the Scope 3 emissions of assets, according to a report published this week.
Read MoreINTERVIEW: Navigating the imminent CORSIA carbon credit supply crunch
As the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) entered its first phase in 2024, airlines are grappling with an imbalance in the supply and demand of carbon credits – a challenge that could well continue into the second phase, according to one expert.
Read MoreS&P sees global carbon markets picking up ‘in all scenarios’
While carbon markets are helping to stem global warming, even a “very strong” energy transformation scenario would only limit global temperature rise to 2.4C, analysts said at a webinar this week.
Read MoreFirst biochar project to launch on voluntary carbon registry’s new North American protocol
A carbon removals developer has partnered with a digital monitoring, reporting, and verification (digital MRV) provider to implement the first project using a US-based standard’s recently released biochar protocol.
Read MoreMalawi has sold fraction of 1.5 mln forest carbon credits generated in past five years, govt says
The government of Malawi has generated 1.5 million carbon credits from forest-based projects and schemes over the past five years, but sold only a small share of these at a little over $1 per tonne, according to government sources quoted in local media.
Read MoreRegenerative agriculture firm raises €15 mln to support low-carbon farming transition
A Belgium-based company using carbon finance to incentivise farmers for sustainable practices has raised €15 million in a Series B fundraising round.
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