Ex-Polish minister proposes massive EU fund to sustain clean industries
The EU should create a new fund to stave off the existential threat of Chinese and American competition while moving closer to the bloc’s climate neutrality objectives, according to former Polish Climate Minister Marcin Korolec.
Read MoreWEF calls for hybrid approach of unilateral, multilateral schemes towards global carbon pricing
Global carbon pricing measures must strike the right balance between unilateral and multilateral measures to be fair and effective, and encourage incremental progress, analysis from the World Economic Forum (WEF) published Tuesday said.
Read MoreWTO greenlights EU plans to phase out biofuels, recognises Indonesia’s concerns
The EU’s plan to phase out palm oil and crop-based biofuels is compatible with international market rules, but implementation has to improve, the World Trade Organization (WTO) has established, ruling on a five-year-old Indonesian dispute.
Read MoreLATAM Roundup: Southern neighbours press on with green transition amid US inauguration, RenovaBio market tightens
With the US presidential inauguration just one week away, heralding the return of former President Donald Trump, Latin American strides forward on carbon markets and energy transition contrast with the predicted pall over US climate policy.
Read More2024 declared warmest year on record, first time global temperatures exceed 1.5C
Last year was confirmed by multiple scientific agencies on Friday as the warmest year on record and the first calendar year that average global temperatures have exceeded 1.5C above pre-industrial levels.
Read MoreINTERVIEW: German industry laments climate policy paralysis as CBAM fees approach
As Europe prepares for the rollout of new carbon regulations, Germany’s industrial sector faces mounting uncertainty due to delays in implementing climate policies.
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.
Read MoreGlobal emissions set to rise as uncertainty boosts fossil fuel markets in 2025, analysts warn
Global greenhouse gas emissions are expected to rise this year as energy demand growth outstrips clean energy supply growth, analysts said on Thursday.
Read MoreNearly 100 countries submit DNAs to UN as Article 6 implementation gathers pace
Nearly 100 countries have now submitted their Designated National Authority (DNA) under Article 6.4 to the UNFCCC, indicating growing interest in carbon market participation following the breakthrough on international carbon markets at COP29 in Baku.
Read MoreLATAM Year in Review: Carbon markets spring forward as major economies advance pricing schemes
Carbon Pulse rounds up the most significant carbon pricing trends and developments in the Latin America and Caribbean (LATAM) region for 2024, highlighting a diversifying and increasingly international markets landscape, as major regional powers, notably Brazil, took a big step forward in advancing mechanisms.
Read More