BRIEFING: EU eyes ‘Governance 2.0’ to turn national climate plans into investment roadmaps
The European Commission is preparing a major overhaul of the EU’s energy and climate governance rules, aiming to turn national planning from a reporting exercise into what officials described as “credible investment roadmaps” for the post-2030 energy transition.
Read MoreBRIEFING: Global governments urge Brussels to simplify CBAM compliance rules
Governments around the world have urged the EU to simplify what they describe as overly prescriptive and complex requirements for complying with its Carbon Border Adjustment Mechanism (CBAM).
Read MoreBRIEFING: EU eyes faster permitting, onshore CO2 storage to support industrial CCS
Europe must slash permitting times and embrace onshore CO2 storage if it wants to deploy carbon capture and storage (CCS) at scale in cement and other hard to abate sectors at an affordable cost, according to EU officials, industry, and policy experts.
Read MoreBRIEFING: All eyes on von der Leyen’s electrification drive, as experts flag dangers of easing ETS cap
Electrification must become the backbone of Europe’s energy security strategy, rather than a search for new gas suppliers – and weakening the EU Emissions Trading System (ETS) would only make the bloc’s climate and industrial balancing act harder, experts warned on Thursday.
Read MoreBRIEFING: Nature credit projects face credibility test amid monitoring, additionality concerns
Many voluntary nature credit projects fail to meet the minimum due diligence standards, with the biggest issues regarding baselining, permanence, and additionality, experts told a webinar on Wednesday.
Read MoreBRIEFING: Staged-consent process in ACCU Scheme reforms needs strengthening, Indigenous network says, as others warn of “complex impacts”
An Indigenous carbon group has said the staged consent process outlined by the Australian government’s carbon market reforms needs to be tightened up, while project developers warned expanding consent rights to Native Title claimants could impact the viability of some carbon projects.
Read MoreBRIEFING: Canadian CDR signal strong despite climate policy rollback
Canada’s pullback on climate policies in pursuit of energy and economic security doesn’t have to be at odds with its signal to ramp up its carbon removal (CDR) sector, industry players said at a recent event.Â
Read MoreSB64: BRIEFING – CORSIA overselling fears hang over supply
The problem of diverse country risk profiles for gaining CORSIA Letters of Authorisation (LoAs) – crucial for developers – is exacerbated by many host countries’ fears or lack of data around overselling, threatening supply, officials and experts said on the sidelines of SB64 in Bonn.
Read MoreBRIEFING: California CCUS, CDR rulemaking split over scope, liability, and market role
California’s proposed carbon capture, utilisation, and storage (CCUS) and removal (CDR) regulations have drawn competing calls for broader project eligibility, tighter definitions, stronger community safeguards, and lighter-touch treatment of federally regulated geologic storage, according to public comments submitted to state regulator ARB.
Read MoreBRIEFING: Brazilian state launches implementation phase for Pantanal biodiversity credits pilot
A state-led biodiversity credits project in the Pantanal has moved into its implementation phase, as Brazil explores new financing models for protected areas.
Read More