UK looks to award grants for carbon, biodiversity projects in Amazon
The UK PACT Amazon Regional Fund is branching out to offer grants to support carbon and biodiversity projects in Bolivia, Ecuador, Guyana, and Peru.
Read MoreVCMI Scope 3 voluntary carbon claim opens door to climate laggards, says NGO
The Voluntary Carbon Markets Integrity Initiative (VCMI) could open the door to greenwashing with its revised Scope 3 claim framework, despite its intention to lure corporates onto the mitigation ladder, an NGO has warned.
Read MoreAfrican alliance launches programme to mobilise $10 mln in nature-based solutions
The African Natural Capital Alliance (ANCA) has launched an initiative seeking to channel $10 million towards nature-based solutions over the next three years in collaboration with the Global Biodiversity Framework Fund (GBFF) among others.
Read MorePower sector sees CO2 emissions rise ahead of stricter climate policies -report
Power plants around the world are emitting more CO2 in anticipation of stricter climate policies that could render fossil fuel reserves worthless, according to a new report.
Read MoreEU adopts final list of products considered to permanently bind CO2
The CO2 contained in construction materials – such as cement, bricks, and tiles – will be considered as “permanently chemically bound” for centuries and qualify as non-emitted under the EU’s Emissions Trading Scheme (EU ETS), according to new rules adopted over the summer.
Read MoreNew compliance deadline drives earlier trade in quarterly, August EUA contracts, data show
Open interest in EUA futures for delivery during the new compliance periods up to three years ahead has started to build much earlier than seen before, as buyers begin to factor in the new deadline.
Read MoreINTERVIEW: Turkish businesses unprepared for CBAM, says carbon startup founder
Turkish businesses are “not ready” to comply with the EU’s Carbon Border Adjustment Mechanism (CBAM), according to a carbon startup founder who warned some companies could go bankrupt if they don’t plan ahead.
Read MoreNo new German state-ordered hard coal closures from 2027 as market set to phase out sufficient capacity, says govt
The German government said Monday that it will not need to order hard-coal plant closures from 2027 related to the tender process, with enough capacity already set to be taken offline due to market-driven forces, or already-implemented ban orders, in line with a legislated phaseout timeline.
Read MoreInvestment firm, startup secure UK Space Agency funding to integrate satellite data into natural capital strategies
A British-based investment firm has teamed up with a climate tech startup to secure a grant from the UK Space Agency (UKSA) to fund a project that incorporates satellite data into natural capital investment decisions.
Read MoreAerospace giant to acquire British-based climate tech startup targeting aviation emissions
A major US-based aerospace firm has agreed to acquire a British climate tech startup focussed on reducing the environmental impact of aviation.
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