Kenya’s forthcoming carbon markets framework contested but promising -investor
Kenya’s 2023 carbon markets bill remains tied up in the legislature, but it will ultimately embody a pleasantly surprising level of expertise and focus, a Nairobi-based climate tech investor told the 2025 Global Direct Air Capture Conference in New York on Tuesday.
Read MoreEuro Markets: EUAs post late rally amid another headline surge in UKAs, as markets await news on Ukraine ceasefire
European carbon prices moved in a comparatively narrow range for much of Tuesday, before rising steeply in the wake of another UKA rally fuelled by headlines and as the effect of March options open interest continued to grow, while energy markets waited for the outcome of talks between the US and Russian leaders over a potential ceasefire agreement in Ukraine.
Read MoreFunding barriers slow UK building sector decarbonisation efforts -report
Efforts to cut emissions from the UK’s building sector are being hampered by persistent funding gaps and fragmented policy, according to a new report.
Read MoreCloudy Scope 3 emissions data preventing companies from reaching sustainability goals, survey finds
Insufficient data and a lack of clarity about how to track Scope 3 emissions is blocking companies from achieving their sustainability goals, a survey of sustainability leaders has found.
Read MoreEU’s Industrial Decarbonisation Bank to consider CCS among other low-carbon technologies, official says
It’s too early to say which types of technologies will receive support under the European Commission’s upcoming Industrial Decarbonisation Bank, due in over a year, but the potential candidates include carbon capture and storage (CCS), an EU official said on Tuesday.
Read MoreEU lawmakers push for action on energy-intensive industries
Members of the European Parliament are urging action to support the EU’s energy-intensive industries, voicing concerns that persistently high energy prices and regulatory hurdles are undermining their global competitiveness and decarbonisation efforts.
Read MoreCarbon market players launch protocol to standardise credit data and governance
A group of 30 firms, non-profits, and public sector bodies on Tuesday launched a global initiative to create a protocol to standardise data definitions and rules for carbon crediting projects.
Read MoreNature marketplace pilot launches in the UK’s Cornwall
An online marketplace pilot for nature projects that benefit carbon, wildlife, and water, including biodiversity net gain (BNG) and focused on the Cornwall region of the UK, has been launched in collaboration with the government.
Read MoreUK opposition leader starts retreat from “impossible” 2050 net zero goal
Britain’s goal for net zero emissions by 2050 is “impossible” to achieve, lacks a proper plan, and is driving up the country’s energy costs and reliance on countries that “do not share our values” — namely, China — the leader of the opposition Conservative party, Kemi Badenoch, said on Tuesday.
Read MoreEurope starting to see structural decline in transport emissions -NGO
Thanks to electric cars driven by EU CO2 standards, European transport emissions have dipped, said campaign group Transport & Environment (T&E) in a report on Tuesday. Increased air travel risks undoing the savings however, it added.
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