AI-powered platform launches to advance corporate action on nature
An AI-powered business intelligence unit launched on Thursday to help private organisations take action on nature, including exploring opportunities in the nascent biodiversity credit market.
Read MoreSwiss startup raises further $16 mln for scaling PFAS destruction technology
A Zurich-based startup has raised $16 million in seed funding to scale its economically sustainable technology aimed at destroying per- and polyfluoroalkyl substances (PFAS) molecules from wastewater, the company announced Thursday.
Read MoreEnergy transition investment grows 11% to record $2.1 trillion in 2024 -report
Global energy transition investment surpassed $2 trillion for the first time, led by China, which is investing at more than twice the rate of any other economy, according to a new report published Thursday.
Read More“Great sign” as enhanced rock weathering makes it on EU policy agenda
The European Commission will consider enhanced rock weathering (ERW) among other permanent removal techniques under the EU’s Carbon Removals and Carbon Farming Certification (CRCF) Regulation, Carbon Pulse has learnt.
Read MoreLarge areas of UK peatlands at threat of disappearing due to climate change -report
Vast swathes of UK peatlands are likely to be unsuitable for peat accumulation in less than 40 years’ time due to climate change, with the Flow Country, Dartmoor, and the Peak District particularly at risk, a new study has found.
Read MorePOLL: Analysts retain bearish near-term outlook for UK Allowances on policy uncertainty, oversupply
Analysts have kept their bearish UK Allowance outlook for the year ahead due to the policy uncertainty and oversupply that continue to hang over the market, revising down forecasts for benchmark futures prices by around 5% compared to previous polling.
Read MorePOLL: Tightening supply, speculator positioning lead analysts to lift EU carbon price forecasts
Analysts have nudged up their forecasts for EU carbon allowance prices for the remainder of Phase 4 (2021-30), predicting that tighter market conditions will start to bite from this year.
Read MoreDecision on flagship EU BECCS plant hinges on green claims law outcome
A final investment decision on the EU’s first power plant running on bioenergy with carbon capture and storage (BECCS) is under threat due to uncertainty caused by the EU’s Green Claims Directive, which is expected to secure funding from the sale of carbon credits, the company has said.
Read MoreEuro Markets: EUAs maintain upward momentum to new 15-month high as investors build more length
European carbon allowance prices rose to new 15-month highs on Wednesday, boosted by stronger power and gas prices and continued speculator buying, supported by a weekly Commitment of Traders report that showed investment funds had again increased their long position to the most in more than three years.
Read MoreEU climate goals are “cast in stone” but implementation must be more flexible, von der Leyen says
The EU will “stay the course on climate targets” but employ a more flexible method to get there, European Commission President Ursula von der Leyen said on Wednesday during the presentation of the executive’s new ‘Competitiveness Compass’ meant to guide Brussels policymaking in the next five years.
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