More than half of EU climate finance in 2022 came in the form of loan-like instruments -NGO
More than half of all climate finance from the EU and its member states in 2022 came through non-grant instruments, most of which were loans, although the overall amount of climate finance increased, according to research published on Thursday.
Read MoreEU council introduces further requirements for climate-related claims reliant on carbon credits in latest draft text
The Council of EU member states is working to adopt its position on an anti-greenwashing law proposed by the European Commission, with the latest text seen by Carbon Pulse clarifying further requirements for companies to back up climate-related claims that rely on carbon credits.
Read MoreINTERVIEW: Polish government moving ahead with plans to create separate coal entity, PGE vice-president says
Poland’s state-owned power company has urged the country’s government to move forward with mooted plans to transfer coal assets to a state-backed entity, saying ageing and highly emitting coal plants were causing losses for the utility.
Read MoreEU’s CBAM may hurt bloc’s manufacturers more than int’l ones -NGO
The EU’s Carbon Border Adjustment Mechanism (CBAM) might hurt industrial manufacturers based in Europe more than those in third countries due to loopholes and its limited scope, according to a report published by a Brussels-based climate NGO.
Read MoreDemand uncertainty threatens European shipping e-fuel projects –NGO
Two-thirds of European green shipping fuel projects are at risk due to lack of certainty from investors, according to a new report.
Read MoreFirst trade of voluntary carbon credits takes place on Turkish exchange
The Turkish energy exchange launched a new platform to mediate the purchase and sale of voluntary carbon credits, with the first transaction taking place last week.
Read MoreNo new fossil projects needed to satisfy energy demand from now to 2050, researchers say
Existing fossil fuel projects are enough to meet global energy demands in a global transition to net zero, researchers at UCL and the International Institute for Sustainable Development (IISD) have found.
Read MoreLivestock industry lobbied the EU to weaken climate policies -NGO
The meat and livestock industry has been using fossil fuel companies’ techniques to erode EU efforts to address rising emissions from the sector, according to a new report by a climate non-profit.
Read MoreEU to be lenient with CBAM penalties during early phase, official says
The EU will not be too strict with companies during the transitional phase of CBAM and is looking into a possible WTO-compatible solution to promote exports of less carbon-intensive products made in Europe, a senior European Commission official told Carbon Pulse.
Read MoreEnergy transition leapt ahead in Europe over last five years, fresh data shows
The energy transition has massively expanded during the five-year term of European Commission President Ursula von der Leyen, with the share of renewables in the EU’s electricity sector jumping to 44% and investments in clean technologies more than tripling, according to fresh data published on Monday.
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