Europe dominates sustainability performance, but most countries lag on net zero -index
Europe dominates worldwide sustainability performance due to its progress on energy transition and other areas, but still few countries are on track to meet the global goal of achieving net zero by 2050, according to an index published Thursday.
Read MoreFEATURE: CEE renewables push runs into politics, not a funding gap
Central and Eastern Europe (CEE) has the resources, EU support, and investor appetite to speed up its renewables buildout, but weak political direction is still holding back parts of the region, experts told Carbon Pulse.
Read MoreWorld’s largest meatpacker waters down climate target
JBS, the world’s largest meatpacker that is under threat of legal action by an environmental group, is stepping back from a 2040 net zero emissions goal.
Read MoreMining for critical minerals puts deep-sea species at risk of extinction, IUCN says
Mining for critical minerals threatens nearly two-thirds of mollusc species found only around deep-sea hydrothermal vents, according to a new assessment published as part of the IUCN Red List of Threatened Species.
Read MoreMPs urge UK govt to disclose detail on national security threat from global biodiversity loss
Members of Parliament have called on the UK government to share more information on the threats global biodiversity loss poses to national security following accusations that the current publicly circulated document is merely a redacted version of the intelligence chiefs’ full report.
Read MoreLeaked EU electrification plan taps ETS revenues, leaves 2040 target unresolved
Brussels is set to propose a plan to electrify the bloc’s economy that would require EU member states to devote a greater share of carbon market revenues to industrial decarbonisation, according to a leaked draft of the forthcoming Electrification Action Plan, which still leaves its headline 2040 electrification target undecided.
Read MoreAttracting private finance for nature does not automatically lead to conservation success -report
Providing routes for private finance to flow to biodiversity projects such as via nature credits and ecotourism does not automatically lead to conservation success, a group of researchers warned this week.
Read MoreFEATURE: EU weighs central purchasing authority for carbon removals in ETS
The European Commission is weighing the creation of a central purchasing authority for carbon removal units entering the EU Emissions Trading System (EU ETS), a move supported by environmentalists, but which also has drawbacks.
Read MoreNon-profit launches certificate scheme to finance shift from fossil-based plastics
A Singapore-headquartered non-profit has launched a market-based certificate scheme aiming to support companies in transitioning away from fossil-based plastics.
Read MoreCarbon market “co-benefit premiums” could steer finance towards higher-impact nature projects -researchers
Adding “co-benefit premiums” to carbon markets to reward nature-based climate projects that deliver measurable adaptation, biodiversity, and social benefits alongside carbon sequestration, could redirect investment towards higher-impact projects that are currently overlooked.
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