North Macedonia, Serbia face challenges in aligning climate goals with EU -report
North Macedonia and Serbia face challenges as they work on aligning their climate and energy goals with those of the EU, with the aim of eventually joining the bloc as members, according to a report published on Tuesday.
Read MoreDavos 2024: Industry coalition harnesses food companies’ purchasing power to spur sustainable farming
The world’s top food producers could use their combined purchasing power to create demand of up to $20 billion a year by 2030 for agricultural commodities that are produced sustainably, industry figures said in Davos this week.
Read MoreDavos 2024: Best outcome of CBAMs would be a global carbon price -Norway’s foreign minister
Carbon border adjustment mechanisms (CBAMs) are second best compared with a global carbon price, Norway’s foreign minister Espen Barth Eide told delegates at Davos this week.
Read MoreCommodity trader signs up for 1PointFive’s carbon removal credits
A large commodity trading firm said on Tuesday that it has agreed to buy carbon dioxide removal credits from 1PointFive, a carbon capture, utilisation, and sequestration company with an industrial-scale direct air capture (DAC) facility under construction in Texas.
Read MoreAiming for 1.5C could save the EU at least €1 trillion by 2030, says report
Adopting a 1.5C compatible pathway could save the EU at least €1 trillion by 2030, making climate action not just necessary but economically imperative, and this will mean aiming for net zero emissions by 2040, according to an NGO report published on Monday as environment ministers gather in Brussels to discuss post-2030 climate ambition.
Read MoreCarbon capture tech company Capsol secures cement study as Baltic CCS facility takes shape
Carbon capture technology provider Capsol Technologies has been awarded a feasibility study for a cement plant in Latvia, with the facility forming part of a major CCS initiative intended to capture much of the Baltic region’s ETS-covered emissions.
Read MoreCircular economy could abate most built environment emissions, says report
The construction sector’s CO2 emissions could be reduced by up to 75% by 2050 by establishing a circular economy, which would also boost profits substantially, according to a report published on Wednesday that called for more scalable solutions.
Read MoreReport calls on policymakers to support European market for CO2 transport by ship
Policymakers should support progress towards a European market for the transport of carbon dioxide by ship by creating the right conditions and identifying barriers, according to a report published Tuesday.
Read MoreANALYSIS: How carbon capture could help bring Britain back closer to the EU
The UK government’s announcement this week on its plans to set up a competitive carbon capture, utilisation and storage (CCUS) market was full of references to imports, opening up a way for the green transition to bring the UK and EU closer together in the wake of Brexit.
Read MoreANALYSIS: Weak links in UN climate talks text put raised ambition in doubt
A key test of the impact of the COP28 UN climate talks will be whether the ambition filters through to countries’ updated NDC climate pledges, but experts say the vague language and loopholes of an otherwise breakthrough agreement could hamper this.
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