Key EU lawmaker lays out vision for Clean Industrial Deal, points to possible compromise

Published 17:06 on October 18, 2024  /  Last updated at 17:22 on October 18, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

Leveraging future EU ETS revenues, de-risking low-carbon investments, and advancing CBAM should all be part of an EU Clean Industrial Deal, the former chair of the European Parliament’s environment committee told an industry event this week, pointing at potential compromise in the EU.

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Environmental law charity targets asset manager over ‘sustainable’ funds allegedly financing fossil fuels

Published 16:57 on October 18, 2024  /  Last updated at 16:57 on October 18, 2024  / /  Americas, EMEA

An environmental law charity has filed a complaint to the French financial regulator over allegations that an asset manager’s so-called “sustainable” funds are in fact funding fossil fuels.

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Carbon accounting needs a more unified approach to reach net zero, say researchers

Published 16:50 on October 18, 2024  /  Last updated at 16:50 on October 18, 2024  / /  EMEA, Voluntary

Net-zero efforts are currently undermined by the large array of carbon accounting systems available, a research paper has suggested.

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BRIEFING: CCUS development in the UK requires transition finance and de-risking -experts

Published 16:42 on October 18, 2024  /  Last updated at 16:47 on October 18, 2024  / /  EMEA, Voluntary

Developing a carbon capture, utilisation and storage (CCUS) industry in the UK that can sustain itself without government support and attract CO2 imports from Europe will require de-risking the value chain and transition finance, experts said on Friday.

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Carbon registry updates its high integrity standard, aligns with CORSIA and ICROA

Published 16:22 on October 18, 2024  /  Last updated at 23:58 on October 18, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Voluntary

A carbon registry has updated its high integrity carbon standard and aligned its programme with CORSIA and International Carbon Reduction and Offset Alliance (ICROA), it announced on Friday.

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BRIEFING: ‘Please regulate’ – Financiers cry out for greater standardisation in carbon removals market

Published 16:14 on October 18, 2024  /  Last updated at 16:14 on October 18, 2024  / /  Aviation/CORSIA, EMEA, International, Voluntary

Bankers want regulators to set standards for the emerging carbon removals market, saying this is the only way to create the trust necessary to generate liquidity and unleash investments in the nascent industry.

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BRIEFING: How to achieve zero-emission buildings – an explanatory guide

Published 14:28 on October 18, 2024  /  Last updated at 14:28 on October 18, 2024  / /  EMEA, EU ETS, International

Only deep, sector-wide emissions cuts in the buildings sector can keep global warming within safe limits, a webinar hosted by the Science Based Targets initiative (SBTi) heard on Thursday.

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African biodiversity credit market needs fair prices and regulations to scale, report says

Published 11:22 on October 18, 2024  /  Last updated at 11:22 on October 18, 2024  / /  Africa, Biodiversity, EMEA

The biodiversity credit space in Africa could evolve from a small-scale market to a ‘nature economy superpower’ if clear regulations and fair prices are implemented, as progress in monitoring and transparency are proving the continent’s potential, a Swiss-headquartered non-profit said.

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Biomethane only set to grow, but policy and better prices needed -consultancy

Published 08:55 on October 18, 2024  /  Last updated at 09:54 on October 18, 2024  / /  Americas, Asia Pacific, EMEA, International

Biomethane could seriously help decarbonise energy and the world’s gas supply, given it is considered a low-carbon source on a net lifecycle basis, but policy, incentives, and pricing need to improve, an energy consultancy said this week.

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EU launches €15-mln call for carbon capture technology proposals

Published 22:24 on October 17, 2024  /  Last updated at 22:24 on October 17, 2024  /  EMEA, EU ETS, Nature-based, Voluntary

The European Commission on Thursday announced a €15-million funding opportunity aimed at advancing technologies in direct air carbon capture and storage (DACCS) and bioenergy carbon capture and storage (BECCS).

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