England’s most nature-deprived areas hardest hit by biodiversity net gain changes, loopholes -report
Almost 7.5 million people in England have no meaningful access to green space, according to a report released this week suggesting these same nature-deprived communities have the most to lose from proposed changes to, and current loopholes within, the UK’s biodiversity net gain (BNG) policy.
Read MoreINTERVIEW: EEX will stop REPowerEU carbon auctions once €20 bln target is hit, CEO confirms
The EEX exchange will stop auctioning carbon allowances to fund the bloc’s plan to exit Russian fossil fuels as soon as the €20 billion target is hit, the CEO of the exchange told Carbon Pulse, which could mean around 20 million fewer allowances are auctioned in 2026 than currently scheduled, assuming EUA prices remain at their current levels.
Read MoreICE loses legal battle with environmental markets firm over use of tradename
London’s Intercontinental Exchange (ICE), the world’s largest marketplace for environmental derivatives, has lost a legal tussle this week over its world famous acronym, after a Dutch court ruled that a crypto trading company, owned by an environmental markets firm and using a similar branded registration, did not infringe on the bourse’s trademark.
Read MoreFEATURE: ICAO decision to block Zimbabwe credits reveals a disconnect with Paris Agreement rules
The news that Zimbabwe’s carbon credits are barred from the international aviation offsetting scheme CORSIA has sparked concerns elsewhere in Africa of a disconnect between Paris Agreement and ICAO rules – and may dissuade others from following a similar model for their national carbon registries.
Read MoreUK waste-to-energy plant completes major CCS upgrade
A UK energy-from-waste operator has completed a major upgrade at a West Yorkshire plant earmarked for carbon capture and storage (CCS) deployment, it said Monday.
Read MoreEU set to integrate carbon removals into national climate goals for the first time
Member states will for the first time be able to use EU-certified permanent carbon removal credits to meet their national climate targets for agriculture, forestry, and other non-ETS sectors under proposals due to be presented later this year, a senior official has said.
Read MoreCEE Roundup: New Bulgarian government may add to regional pushback on EU climate rules
Last month’s change of government in Bulgaria could sharpen Sofia’s tone on EU climate policy, adding to wider Eastern European pressure for more flexibility on carbon costs, industrial rules, and border carbon fee exposure.
Read MoreEU climate investment stalls as bloc falls €344 bln short of 2030 needs -report
Europe risks repeating a damaging cycle of reacting to energy crises rather than preparing for them, after climate investment stagnated for a third consecutive year and covered barely three-fifths of what is needed to meet the EU’s 2030 climate and energy goals, according to new analysis from the Institute for Climate Economics (I4CE).
Read MoreLACS26: Latin America, the Caribbean provide a “comprehensive offer” for future international carbon trading with the EU -official
Ambitious climate targets, robust carbon pricing instruments in the works, and substantial emissions reductions potential make Latin America and the Caribbean one of the best regions to supply the EU’s future demand for international carbon credits, a representative from the bloc’s climate taskforce said this week.Â
Read MoreOil and gas companies call for harmonisation across CCS, engineered CDR standards
An initiative led by major oil and gas providers called for harmonisation of reporting standards for carbon capture and storage (CCS) and engineered carbon removals (CDR), saying addressing gaps would enable the industry to accelerate towards climate goals.
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