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.

Read More

FEATURE: The forgotten legal clause that could unlock EU carbon credits under CORSIA and ETS

Published 06:00 on October 28, 2024  /  Last updated at 00:57 on October 29, 2024  / /  EMEA, EU ETS

An overlooked clause in the EU ETS directive could be used as a way to integrate carbon removals in the bloc’s carbon trading system and unlock credits under the UN’s CORSIA scheme for offsetting aviation emissions, according to policy experts.

Read More

Final talks on EU’s Green Claims Directive to be delayed until next year

Published 15:18 on October 25, 2024  /  Last updated at 15:18 on October 25, 2024  / /  EMEA, Voluntary

A final agreement on the EU’s proposed Green Claims Directive is likely to be pushed back to next year, according to several European Parliament sources, a decision which voluntary carbon market participants say could extend current uncertainty in the market.

Read More

Green Climate Fund approves over $1 billion in fresh funding

Published 14:41 on October 25, 2024  /  Last updated at 14:41 on October 25, 2024  / /  International

The board of the world’s largest dedicated climate fund, the Green Climate Fund, approved more than $1 billion in fresh funding at a meeting this week, it announced Friday.

Read More

EU suggests accrediting specialised certification bodies for carbon removals

Published 17:24 on October 24, 2024  /  Last updated at 17:24 on October 24, 2024  / /  EMEA, EU ETS, Voluntary

The certification bodies that will issue carbon credits under the EU’s new Carbon Removal and Carbon Farming (CRCF) regulation could be accredited for a specific type of removal, the European Commission suggested on Wednesday.

Read More

Rating agencies could help to scale Article 6 market, says expert

Published 14:48 on October 17, 2024  /  Last updated at 14:48 on October 17, 2024  / /  Americas, Asia Pacific, EMEA, International, Paris Article 6, Voluntary

Rating agencies should expand into assessing letters of authorisation for Article 6-aligned projects, a carbon market veteran said on Thursday.

Read More

EU ministers want lower energy prices and an end to all Russian gas imports

Published 20:36 on October 15, 2024  /  Last updated at 20:36 on October 15, 2024  / /  EMEA, EU ETS

Energy ministers agreed on Tuesday that the EU needs to ramp up efforts to tackle high energy prices, with a majority also calling for an end to Russian LNG imports that are still managing to make their way into the EU.

Read More

EU wants more countries to contribute to global climate finance goal

Published 22:36 on October 14, 2024  /  Last updated at 22:36 on October 14, 2024  / /  Climate Talks, EMEA

The EU is holding strong on its position that more countries need to contribute to the next global climate finance goal, with a plan to push for more money while ensuring that the bloc isn’t spread too thin, according to the general negotiating mandate for COP29 adopted by climate and environment ministers late on Monday. 

Read More

Poland’s new ‘ambitious’ climate plan foresees sharp drop in coal use by 2040

Published 17:24 on October 14, 2024  /  Last updated at 09:08 on October 15, 2024  / /  EMEA, EU ETS

Poland’s newly released national and energy climate plan for 2030 foresees a significant drop in coal use this decade and could potentially halve emissions within the decade – 20% more than in the previous 2019 plan.

Read More

Under-prepared shipping companies may face hefty fines under FuelEU -consultancy

Published 15:47 on October 14, 2024  /  Last updated at 15:47 on October 14, 2024  / /  EMEA, International, Shipping

European shipping companies are not ready for the upcoming FuelEU Maritime regulation and could face significant fines, according to an independent shipping emissions analytics company.

Read More