New German heating law protecting fossil infrastructure clears final hurdles
A new Building Modernisation Act that drops a 65% renewable energy obligation and a ban on installing oil and gas boilers in favour of promoting clean fuels has passed the German parliament and senate.
Read MoreCEE Roundup: Region seeks more ETS cash and flexibility on carbon costs
Central and Eastern European (CEE) governments are seeking more EU ETS revenues while pushing for greater control over carbon costs ahead of a July 17 review of the system.
Read MoreCommission adopts first EU carbon farming certification rules
The European Commission on Thursday adopted its first certification methodologies for carbon farming under the EU’s Carbon Removal and Carbon Farming (CRCF) Regulation, updating draft rules that were released for public consultation in January.
Read MoreBRIEFING: SIDS seek to turn marine protected areas from pure conservation zones to investable assets
Small island developing states (SIDS) are calling for marine protected areas (MPAs) to be recognised as investable assets rather than purely conservation zones, arguing that private finance will only flow when nature is recognised as infrastructure that delivers economic, social, and climate resilience benefits.
Read MoreGermany passes law to pave way to 9 GW of new gas plants in 2026
The German parliament and senate have both signed off on a new energy security law that opens to door to auctions for 9 GW of new gas plants later this year.
Read MoreAround 130 nations appoint Article 6 authorities, as June flurry pushes CDM transition projects with govt approval beyond 400
According to an update from the UNEP Copenhagen Climate Centre, a total 65%, or 129 of 198 countries, have now taken steps towards Paris Agreement Crediting Mechanism (PACM) participation by appointing their Designated National Authorities (DNAs).
Read MoreParliament groups stake out positions on EU ETS ahead of major overhaul
Lawmakers from three major political groups in the European Parliament have written separate letters to the EU executive in recent days, backing a “strong and stable” EU Emissions Trading System (ETS) as Brussels prepares to unveil a major overhaul of the bloc’s carbon market on July 17.
Read MoreBRIEFING: National CO2 taxes could offer new lease of life for phased-out CDM credits
Countries that allow carbon-taxed entities to offset their liabilities with UN Clean Development Mechanism (CDM) credits could absorb some of these phased-out units, even repurposing them to address Paris climate targets or for use against the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreOil and gas companies detail methodology ahead of 2025 emissions results
A group of 12 oil and gas majors has Tuesday published the methodology it will use to report members’ aggregated performance against their collective 2025 carbon and methane intensity ambitions, with the results due in October.
Read More“Relationship capital” reigns supreme in the voluntary carbon market -report
In a market flooded with diverse transaction methods, from digital marketplaces and RFP platforms to brokers and exchanges, old-fashioned relationship-building is still the most common way to close a deal, according to a report.Â
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