Bahamas govt takes big ownership, revenue stake in firm appointed to manage country’s new carbon credit business
The Bahamas has appointed a company to manage the country’s carbon credit sales, with the government taking a 49% ownership share in the firm and up to 85% of the initial revenues.
Read MoreClimate tech VC fund raises $70 mln for second entrepreneur-supporting fund
A climate tech VC fund has raised $70 million in its latest funding round, as it eyes more investment in early-stage entrepreneurs via its second fund.
Read MoreFormer Canadian mining firm seeks new life as carbon project developer
A Canadian former mining company is pivoting into the carbon credit space, with three nature-based projects in the developing world in the early stages of design.
Read MoreSparkChange cross-lists exchange-traded physical carbon vehicle in Germany, Italy
Investment manager SparkChange has cross-listed its physically-backed exchange-traded carbon commodity (ETC) on stock exchanges in Germany and Italy.
Read MoreTwo Canadian-listed carbon ETFs to launch this month
Canada-based fund managers are launching two separate carbon ETFs this month, they announced Monday.
Read MoreFirst equity exchange-traded carbon allowances launch in London
The first ever exchange-traded commodity offering investors exposure to physical carbon allowances only will launch on the London Stock Exchange (LSE) on Thursday.
Read MorePOLL: Analysts raise EU carbon price forecasts following gas spike, though some see downside risk
Analysts have raised their EU carbon price forecasts across the board to reflect the surge in gas prices and the ongoing influx of new speculative capital into the ETS, though some warned of possible downside risk ahead.
Read MoreBulgaria targetting coal phaseout by 2040 at latest -PM
Bulgaria will target a coal phaseout by 2038 or 2040, caretaker Prime Minister Stefan Yanev told business this week.
Read MoreBY THE NUMBERS: Utilities, airlines lead record drop in EU ETS emissions in 2020
Utilities and airlines accounted for more than 80% of the record drop in verified EU ETS emissions in 2020, according to near complete data published by the European Commission on Tuesday.
Read MoreBY THE NUMBERS: A snapshot of the EU ETS – 2019-20 edition
The European Commission on Wednesday adopted its annual report on the functioning of the EU ETS, which covered the market’s developments in 2019 and into 2020, as well as summarising measures proposed or agreed this year.
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