PREVIEW: Low expectations as IMO talks to cut shipping emissions kick off
Talks starting next week at the International Maritime Organisation (IMO) on whether to introduce a global greenhouse gas levy and a goal-based fuel standard for the shipping sector are unlikely to yield significant advances, according to people close to the negotiations.
Read MoreBRIEFING: Business groups nervous as final talks near on EU’s Green Claims Directive
As EU institutions gear up for talks to finalise the proposed Green Claims Directive, participants in the voluntary carbon market have flagged issues with the draft bill, arguing it goes too far beyond its original objective of fighting greenwashing.
Read MoreGlobal solar installations smash expectations, rising almost a third year-on-year
Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.
Read MoreFive takeaways for climate policy in the new European Commission
Commission President Ursula von der Leyen’s choice of portfolios for the EU’s new executive team in Brussels makes one thing abundantly clear: climate policy will be everybody’s business in the next five years.
Read MoreFirst talks at EU Parliament environment committee reveal lawmakers’ fears and expectations
Lawmakers in the European Parliament’s environment committee held their first meeting dedicated to climate policy files on Thursday, possibly setting the tone for discussions lying ahead in the coming five-year mandate.
Read MoreMajor airline finalises deal to purchase carbon removals
A major airline has finalised a deal to purchase CO2 removal (CDR) credits as the hard-to-abate sector ramps up efforts to meet net zero emission targets.
Read MoreNew lawmaker appointed to lead EU directive on green corporate claims
A new member of the European Parliament from the left-wing Socialists and Democrats group (S&D) has been appointed to lead negotiations on the EU’s Green Claims Directive, which aims at tackling greenwashing and sets rules for the corporate use of voluntary carbon credits.
Read MoreClimate spending under EU pandemic fund likely over-estimated, auditors say
The EU’s pandemic recovery funds contribution towards climate action and the green transition is likely over-estimated by at least €34.5 billion, the European Court of Auditors (ECA) said on Wednesday.
Read MoreAsset management firm funds major reforestation project in Malawi
An Abu Dhabi-based asset management firm announced Tuesday that it has signed a deal with a Malawi-based reforestation company to plant 6 million indigenous trees and prevent the deforestation of over 4 mln trees in the country.
Read MoreFrench utility sees depressed EU carbon prices until end 2024
Healthy renewable and gas power supply in the EU is expected to mute demand for carbon allowances for the rest of the year, as the carbon market waits for updates from the new European Commission to help gauge its level of ambition, according to analysts at Engie.
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