CBAM fees expected to bite into Ukrainian GDP, causing job losses
The EU’s Carbon Border Adjustment Mechanism (CBAM) fee could cause Ukraine to lose 6.4% of its GDP by 2030 due to a drop in export volumes and job losses, according to Ukrainian analysis.
Read MoreInsurance agency to offset UK emissions from repairs
An international insurance agency and claims manager has introduced a carbon-neutral repairs initiative in the UK, which it said will set a new benchmark for sustainability in insurance repairs.
Read MoreFEATURE: As US investors quit climate alliances, attention turns to shareholders
US financial institutions say they will stick with their climate commitments despite quitting international net-zero alliances — but the loss of oversight and transparency provided by the alliances puts more pressure on policymakers and shareholders to ensure that promises are fulfilled.
Read MoreNew Finnish law pushes low-carbon construction by promoting carbon ‘handprints’
A new Finnish law aims to push the construction industry to take into account both the positive and negative impacts of a new building’s entire life cycle, as part of an effort to push the sector to reduce emissions and boost circularity.
Read MoreNew EU rule aims to make CO2 tests of heavy-duty vehicles more reliable
The European Commission published a regulation this week aimed at improving national verification of CO2 emissions from lorries, buses, and coaches, it announced on Tuesday.
Read MoreUkrainian company issues carbon credits from solar farm
A Ukrainian company has issued its first carbon credits generated from a renewable energy project, in a move it said will help raise investment in renewables and help cut emissions.
Read MoreDenmark invites bids for three more potential offshore CO2 storage sites
Denmark kicked off its fourth licencing round for exploration and use of offshore geological CO2 storage, it announced on Thursday.
Read MoreBiochar carbon removal may be more permanent than previously thought -study
New research suggests carbon sequestration through biochar could be more long-term that previously thought, with analysed samples capable of storing carbon for some 100 million years.
Read MoreEuropean countries outline conditions for EU-UK ETS linkage
European Union countries are broadly “open” to support the linkage of the EU and UK Emissions Trading Schemes in order to achieve efficiencies in cutting greenhouse gases, provided a number of conditions are met and that Britain contributes to the costs, according to EU filings seen by Carbon Pulse.
Read MoreSeveral countries to use international carbon markets to achieve Paris goals, while others keep options open
A handful of mostly developing countries said they intend to use the Article 6 carbon markets to help finance their Paris Agreement climate plans by 2030 — or are keeping open the option to do so, according to the first round of transparency reports to be submitted to the UN every two years.
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