ANALYSIS: Risk of UK govt collapse casts shadow over EU ETS linkage talks
UK Prime Minister Keir Starmer is facing open revolt following disastrous local elections for his governing Labour Party, and, depending on the timing, a possible exit from government could have implications for linking the British carbon market with the EU Emissions Trading System (ETS), market participants have warned.
Read MoreFEATURE: Companies face EU “CBAM chaos”, with high fees for ‘default’ emission values
Companies worldwide are scrambling to prepare for the EU’s Carbon Border Adjustment Mechanism (CBAM), but many still do not know whether they will be able to use verified plant-level emissions data or be forced to rely on punitive default values – a distinction experts say could determine whether exporters remain competitive in Europe at all.
Read MoreFEATURE: Partnership seeks to scale oyster restoration at offshore wind farms
A partnership is seeking to accelerate the deployment of oyster reefs at offshore wind farms in the North Sea, while exploring financing from nature credits.
Read MoreBRIEFING: COP30 presidency advances on roadmap to halt deforestation, seeks global contributions
The Brazilian COP30 presidency is pushing forward with the development of a roadmap to halt and reverse deforestation and forest degradation by 2030, with the first consultations starting in New York on Monday on the margins of the 21st Session of the UN Forum on Forests (UNFF21).
Read MoreVCM REPORT: Mangrove carbon credits surge to record high
High-rated mangrove restoration credits surged to record highs last week amid an uptick in demand for quality nature-based units, while the Integrity Council for the Voluntary Carbon Market (ICVCM) said another standard body and another methodology met its Core Carbon Principles (CCP) bar.
Read MoreClimate Litigation Roundup: Deception claims survive US federal challenges as VCM legal risks come into focus
The past month in climate litigation saw US courts preserve state-law deception claims against fossil fuel companies while pushing back on federal attempts to block them, the Dutch government move to appeal a ruling on climate duties for Bonaire, and fresh questions emerge about legal accountability in the voluntary carbon market (VCM).
Read MoreBRIEFING: Green ‘conditionality’ on ETS revenue spending will be cornerstone of EU carbon market reform, official says
The European Commission will put green conditionality on revenue spending at the heart of the upcoming reform of the EU’s Emissions Trading System (ETS), a senior official has said, as Brussels and member states prepare for a high-stakes political battle over financial support for industrial decarbonisation.
Read MoreBRIEFING: China calls EU carbon border fee “not helpful for developing countries”
China’s ecology and environment vice minister, Li Gao, has called the EU’s Carbon Border Adjustment Mechanism (CBAM) “not correct” and “not helpful for developing countries”, saying it seeks to impose a global carbon price on other nations.
Read MoreFEATURE: Ecosystem condition emerges as leading metric for EU nature market
Ecosystem condition is emerging as a leading candidate metric to underpin the EU’s forthcoming market for nature credits, but its credibility will hinge on field validation as well as key methodological choices, according to observers.
Read MoreBRIEFING: Investors seeking ‘golden credit’ to hedge their bets in fast-evolving carbon markets -expert
Carbon investors are increasingly seeking projects that can supply a “golden credit” with multiple routes to market due to uncertainty about how demand will evolve, according to a ratings agency.
Read More