Nordic nations top MIT’s annual ranking for progress towards a low-carbon future
Nordic nations dominate the top of a green technology index produced by the Massachusetts Institute of Technology (MIT) Review published on Tuesday and ranking 76 nations and territories on their progress toward a sustainable and low-carbon future.
Read MoreListed companies to face new EU climate disclosure reporting rules from next year
The European Commission has adopted rules that will eventually require all listed companies operating in the EU to disclose their impact on the environment and how the climate affects their operations.
Read MoreEU steps up climate diplomacy with the Philippines
The EU will commit €466 million to green initiatives in the Philippines and relaunch negotiations for a free trade agreement with the Southeast Asian country, the European Commission announced on Monday.
Read MoreEU publishes updated volume of ETS allowances to be auctioned for REPowerEU for next three years
The European Commission has published a proposal for the bloc’s revised EU ETS auctioning regulation that features updated annual volumes to be auctioned for the REPowerEU energy security strategy, with some analysts saying the volume is higher than expected and therefore could be bearish for carbon prices.
Read MoreEU climate chief Timmermans to leave Commission to run in Dutch elections
EU climate chief Frans Timmermans will leave the European Commission in mid-August to pursue a leadership bid of a new Greens-Socialist democrats party alliance in the Netherlands, he told Dutch public broadcaster NOS in in an interview Thursday morning.
Read MoreEU parliamentarians signal dismay at scrapping of EU-wide Sovereignty Fund for net zero industry
The EU’s newly-proposed STEP funding platform for clean and digital technology will not meet the needs of the bloc’s industry amid increased competition from the US and China, lawmakers from across the political spectrum told a European Parliament hearing on Wednesday.
Read MoreGreen groups wary as Serbia releases patchy, weaker draft energy and climate plan
Green groups have criticised Serbia’s draft national energy and climate plan (NECP) for not planning for carbon neutrality for 2050 and putting forward a less ambitious renewable energy goal than in previous publicly announced commitments.
Read MoreFaster-than-anticipated uptake in solar and electric vehicles shows policies are working -IEA
Solar panels and electric vehicle technology have expanded more rapidly than anticipated, according to the International Energy Agency (IEA)’s annual update, signalling that governments’ positive policy action and increased ambition is translating into measurable results in deploying clean technologies that could help in tackling climate change.
Read MoreCapturing carbon onboard ships could be viable mid-term solution to lower emissions -industry
Capturing carbon onboard ships could be a mid-term step to reduce the maritime sector’s greenhouse gas (GHG) emissions while zero-emission fuels are not yet commercially available, according to a panel of industry experts speaking on Wednesday, though one panellist warned that the sector’s carbon accounting needs to improve before such technologies are adopted .
Read MoreCoalition of cargo owners pool demand for zero-emission solutions by 2025
A coalition of large cargo owners, including the world’s largest online retailer Amazon, announced it is pooling demand to request zero-emission shipping services by 2025, it said in a statement on Tuesday.
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