Vertis appoints new head of carbon analysis
Vertis Environmental Finance has appointed a new head of research and analysis, as it seeks to expand its role in emissions trading.
Read MoreTop EU Parliament group seeks free permit handouts for power providers, speculation limits in upcoming ETS reform -media
The European Parliament’s largest political group is considering a push to grant power generators free EU Emissions Trading System (EU ETS) allowances after 2030 in exceptional circumstances, as well as limits to the participation of speculators in the market, according to a draft negotiating position seen by news outlet Montel.
Read MoreChile authorises second standalone battery storage project under Swiss Article 6 deal
Chile and Switzerland have authorised a second standalone battery energy storage system (BESS) mitigation activity under Article 6 of the Paris Agreement, expanding the use of carbon finance to support grid-scale energy storage in the South American country.
Read MoreTanzania rejects claims carbon market deals surrender natural resources
Tanzania has rejected opposition claims that international carbon trading agreements amount to the sale or transfer of control over the country’s natural resources, insisting that its carbon market framework is designed to protect national sovereignty while generating new revenue.
Read MoreEuro Markets: EUAs, UKAs consolidate gains to end week above key levels
EUAs and UKAs both consolidated gains on Friday accrued earlier in the week to end the session above €80 and £60 respectively, with energy prices also charting solid gains as a heatwave across Western Europe loomed into view as analysts anticipated a significant ramping up of cooling demand, coupled with lower nuclear output in France.
Read MoreVerra reinstates Northern Kenya grassland carbon project following community approval process
Carbon standard Verra has reinstated the Northern Kenya Grassland Carbon Project after a community formally reaffirmed its participation through a process conducted in line with Kenyan law.
Read MoreUK carbon markets initiative appoints new chair
The UK Carbon Markets Forum (CMF) has appointed a new chair from a major global consultancy, as it seeks to accelerate the growth of global credit markets and deepen engagement across the financial sector.
Read MoreEU emissions fall 17% since 2015 as economy continues to grow
Greenhouse gas emissions across the EU have fallen by more than 17% over the past decade, even as the bloc’s economy expanded, according to fresh data released by Eurostat.
Read MoreVerra to launch ‘next-generation’ carbon registry in July
Verra and S&P Global Energy have announced that their “next-generation” environmental registry platform will officially go live on July 27, which they say marks a major upgrade for global carbon market infrastructure.
Read MoreCameroon plans to mobilise Article 6 to help meet new 41% emission reduction target
Cameroon is positioning carbon markets as a key pillar of its climate strategy, with an updated Nationally Determined Contribution (NDC) that boosts its emissions reduction ambitions, citing the economic value of its vast forests and clean energy potential as possible Article 6 revenue streams.
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