LEAK: Poland wants immediate access to free EU ETS allowances for district heating
Poland is asking the European Commission for 30% more free EU ETS allowances for district heating networks, and that they be allocated while implementing climate investments rather than at the end of the period, as stated in EU regulation.
Read MoreDraghi report calls for more ‘coherent’ EU climate agenda, focus on energy prices
The EU needs to bring down energy prices for industry and ramp up investments to meet its climate goals, Mario Draghi recommended in a widely awaited report on the future of the Union’s competitiveness.
Read MoreRevenue distribution boosts public acceptance of carbon pricing -report
Carbon pricing is easier to put in place with social policies backing it, according to new research.
Read MoreINTERVIEW: Carbon removal startup eyes Nigerian farmland for biochar removals
A Nigeria-based software startup is aiming to generate 400,000 tonnes of carbon removals in three years’ time by helping farmers sequester soil carbon through the application of biochar, in partnership with a commercial bank.
Read MoreNigerian state launches voluntary carbon registry for corporates
The Nigerian state government of Lagos has launched a carbon registry so that corporates can voluntarily document their emissions, as part of efforts to achieve net zero, according to local media.
Read MoreFossil fuels’ ties with the university sector far-reaching and underestimated, study finds
The fossil fuel industry has been able to use its ties with the university sector in multiple countries to fund research that promotes its own interests and acts as a form of climate obstructionism in ways that have yet to be fully realised, a recently published study has found.
Read MoreResearchers urge revised carbon crediting methods to better protect high-risk forest areas
Researchers this week raised concerns about the efficacy of current carbon crediting methods for high-forest, low-deforestation (HFLD) jurisdictions, suggesting that a shift towards more predictive models is necessary to better safeguard these critical forested areas.
Read MoreFEATURE: Carbon projects with hard currency needs face FX risk
Fluctuations in foreign exchange (FX) markets affect emerging economies engaged in the voluntary carbon market (VCM), and can threaten proponents’ access to finance, even as sustainable development projects continue to rely on outside hard currencies.
Read MoreEuro Markets: EUAs post largest weekly drop in six months despite ending three-day losing streak
European carbon prices snapped a three-day losing streak Friday, though robust morning gains in line with gas and power were rapidly unwound in the afternoon amid strong selling interest, leaving the EU market with its largest weekly loss since the end of February.
Read MoreGermany rejects 215,000 emissions reductions units from eight projects in China
The German Federal Environment Agency (UBA) has rejected 215,000 tonnes of new emissions reduction certificates from eight upstream oil and gas projects in China due to “irregularities”, it announced on Friday.
Read More
