Gold Standard broadens list of approved insurance policies for CORSIA to five
Gold Standard (GS) has added another insurance policy to the list of approved covers for CORSIA, the international aviation offsetting scheme, the registry announced Tuesday.
Read MoreEU urged to enforce penalties on oil and gas firms over missed CO2 storage deadline
A coalition of NGOs, industry groups, and CCS stakeholders has urged EU governments to rapidly implement penalty regimes for oil and gas producers that fail to meet their CO2 storage obligations under the Net-Zero Industry Act (NZIA), after an end-June deadline has passed.
Read MoreBottom trawling threatens seabirds, cetaceans in UK MPAs -NGO
A new report said that some three quarters of site assessments for UK marine protected areas (MPAs) designated to safeguard whales, dolphins, porpoises, and seabirds identify bottom trawling as a threat requiring management.
Read MoreClimate Litigation Roundup: Fossil fuel cases move from companies to the rules that enable growth
Climate litigation this month focused heavily on the rules and approvals that shape fossil fuel growth, as claimants challenged gas projects, clean air waivers, liability shields, carbon offsetting, and corporate transition claims, and new research found a persistent accountability gap for the companies most closely tied to historical emissions.
Read MoreEU has plenty of room for offshore wind, fishing, meeting 30×30 conservation target -report
The European Union would only need to use 0.19% of its waters to meet its 2030 offshore wind target, leaving ample space for commercial fishing and marine conservation, according to a report published on Tuesday.
Read MoreHigh power costs, not ETS, are stalling EU industrial decarbonisation, researchers say
Europe should resist calls to weaken its carbon market because the main barriers to industrial decarbonisation are slow electrification and weak investment signals rather than climate policy, according to a report published on Tuesday.
Read MoreCarbon market association IETA calls for EU ETS overhaul centred on removals, global offsets, UK linkage
IETA has urged the European Commission to pursue a broad overhaul of the EU Emissions Trading System after 2030, arguing the bloc should integrate carbon removals, prepare to use international credits from 2031, reform the Market Stability Reserve (MSR), and prioritise linking the scheme with the UK carbon market.
Read MoreGlobal consultancy, Swiss developer partner to unlock funding for global water credit market
A global innovation consultancy specialising in the water sector and a Swiss-based water credit system developer have partnered to attract investment to the nascent water credits market.
Read MoreEU lawmakers agree position on Market Stability Reserve for ETS2
The European Parliament’s environment committee endorsed on Monday a provisional agreement to strengthen the Market Stability Reserve (MSR) for the EU’s new emissions trading system covering buildings and road transport (ETS2), paving the way for final approval in plenary.
Read MoreEU lawmakers vote to extend CBAM to more than 400 downstream products
Lawmakers in the European Parliament’s environment committee (ENVI) voted to extend the EU’s Carbon Border Adjustment Mechanism (CBAM) to more than 400 product codes on Monday, as well as for tougher anti-circumvention measures.
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