Digital platform tracking environmental footprint launches new era for fashion industry in Europe
A sustainability venture launched a digital platform on Thursday to help clothing brands meet EU environmental regulations.
Read MoreCF TURKIYE: NDCs must align more closely with domestic policies to drive real climate action, expert says
National pledges to the Paris Agreement are often disconnected from national policy and investment plans because they are developed by consultants rather than integrated into government processes, a former EU minister told the Carbon Forward Turkiye conference on Thursday.
Read MoreMore industry bodies call for UK-EU carbon market linking
Calls continue to grow to link the UK and EU emissions trading schemes, with an influential energy body writing to the British government on Thursday to call for progress on the matter at talks during an upcoming summit between the two jurisdictions.
Read MoreCF TURKIYE: Turkiye likely to turn to free allocation before domestic CBAM, expert says
Turkiye is more likely to rely on free allocation of carbon allowances to protect its industrial sectors under its planned emissions trading system (ETS) — despite its initial proposal for a domestic Carbon Border Adjustment Mechanism (CBAM), experts told the Carbon Forward Turkiye conference in Izmir.
Read MoreCBAM simplification to be approved by EU institutions before summer, says lawmaker
The European Commission’s proposed simplification of the Carbon Border Adjustment Mechanism (CBAM) will soon be approved by both the European Parliament and EU Council, thanks to widespread support, a lead member of the European Parliament said on Wednesday.
Read MoreCF TURKIYE: Most EU importers seem unaware of impending CBAM effects -steel exporter
A mere 20% of EU steel importers appear to be aware of, let alone prepared for, the impending effects of the bloc’s Carbon Border Adjustment Mechanism (CBAM), an official from a steel exporting company told the Carbon Forward Turkiye conference on Wednesday.
Read MoreCF TURKIYE: Ankara pressing ahead with ETS pilot in 2026, despite Climate Law delays
The Turkish government is waiting on parliament to approve the country’s long-awaited Climate Law, but is still planning to launch the pilot phase of its emissions trading system (ETS) in 2026, with offsets to be admitted after two years, the Carbon Forward Turkiye conference in Izmir heard on Wednesday.
Read MoreEU CBAM legislative proposal could come in Q4, confirms top climate official
The EU’s most senior climate official said on Wednesday that a legislative proposal on the Carbon Border Adjustment Mechanism (CBAM) could come in the fourth quarter of this year, adding that if Article 6 credits were included in any EU compliance carbon mechanism, the bloc would adopt a cautious approach.
Read MoreCaribbean bloc highlights trade, forest programmes in green policy framework text
The 15-member Caribbean Community (CARICOM) bloc of countries last week launched a sustainability framework highlighting forest carbon and international trade restrictions as key policy considerations for an aligned front.
Read MoreIndia, UK reach trade deal despite CBAM tensions
India and the UK have reached a trade deal after three years of negotiations, with no current exemption in the agreement for the South Asian country from Britain’s planned carbon border adjustment mechanism, although talks on this are reportedly set to continue.
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