Ukraine adopts law to establish national ETS

Published 12:39 on November 8, 2024  /  Last updated at 12:39 on November 8, 2024  / /  EMEA

Ukraine has adopted legislation establishing a national emission trading system (ETS) this week, which will start in 2026 with a two-year pilot phase and will become fully operational in 2029.

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EU climate chief Wopke Hoekstra sails through Parliament confirmation hearing

Published 14:31 on November 7, 2024  /  Last updated at 16:32 on November 7, 2024  / , and /  EMEA, EU ETS

Wopke Hoestra will remain the EU’s climate chief for the next five years, after committing to push for a 90% emissions reduction target for 2040 while emphasising the need to reconcile climate action and industrial competitiveness, in his confirmation hearing with the European Parliament on Thursday.

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New EU environment commissioner expresses support for developing nature credits

Published 17:21 on November 6, 2024  /  Last updated at 17:21 on November 6, 2024  / /  Biodiversity, EMEA

The newly confirmed EU environment commissioner at her hearing with the European Parliament on Tuesday evening said she will explore ‘well-designed’ nature credits during her tenure at the European Commission.

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EU’s new transport commissioner says he will not backtrack on 2035 internal combustion engine ban

Published 10:36 on November 5, 2024  /  Last updated at 10:36 on November 5, 2024  / /  EMEA, EU ETS

The EU’s 2035 ban on internal combustion engine cars should be upheld, the commissioner-designate for sustainable tourism and transport said during his European Parliament hearing on Monday evening.

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EU’s trade commissioner seeks to balance open-door policy with protections

Published 22:47 on November 4, 2024  /  Last updated at 22:47 on November 4, 2024  / /  CBAM, EMEA, International

The EU is open for global trade, but it also needs to remain vigilant of protecting its own interests against cheaper and less sustainable rivals, the European commissioner-designate for trade and economic security, interinstitutional relations, and transparency said during the first day of European Parliament hearings on Monday.

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BRIEFING: Definition of ‘offshore ships’ in EU ETS draws criticism from industry, NGOs

Published 10:59 on November 4, 2024  /  Last updated at 14:00 on November 4, 2024  / /  EMEA, EU ETS, Shipping

The shipping industry as well as environmental NGOs have criticised the European Commission’s definition of offshore ships to be included in the EU ETS from next year, saying it will lead to confusion, market distortion, and unaccounted emissions.

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1.6C warming achievable with faster clean tech adoption, report says

Published 14:20 on October 31, 2024  /  Last updated at 14:20 on October 31, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International

Limiting global warming to 1.6C will be a monumental task but achievable, as renewable capacity installations are smashing records and the costs of clean technologies are falling rapidly, according to an energy consulting firm.

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FEATURE: CBAM fourth quarterly report spooking EU importers, low compliance expected

Published 16:46 on October 30, 2024  /  Last updated at 10:44 on November 4, 2024  / /  Carbon Taxes, CBAM, EMEA

Many companies importing goods covered by the EU’s carbon tax will fail to report their actual emissions data in time for the European Commission Thursday deadline – as they struggle to navigate difficult reporting requirements, inconsistencies, and flaws in the policy, according to consultancies and businesses.

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Environmental data company teams up with MRV tech firm to enhance data product

Published 15:11 on October 29, 2024  /  Last updated at 15:11 on October 29, 2024  / /  Americas, US, Voluntary

An environmental data software firm has partnered with a digital monitoring, reporting, and verification (dMRV) company to enhance their forest carbon data, the companies announced on Tuesday.

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Scientists warn heat is making more of the planet unlivable, offer key insights

Published 15:18 on October 28, 2024  /  Last updated at 15:18 on October 28, 2024  / /  Climate Talks, International

Scientists have warned that rising temperatures are making the planet increasingly uninhabitable and pushing the Amazon to the brink of large-scale collapse, offering 10 climate insights and possible ways forward, in a report published on Monday.

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