Analysts predict big 2025 ramp-up for CCUS
The world looks close to adding 20% new carbon capture utilisation and storage (CCUS) capacity in 2025, a leading energy consultancy said this week, calling it the “largest annual increase to date”.
Read MoreSwitzerland commits millions for carbon removal projects
Switzerland has opened a funding round worth CHF 100 million (€106 mln) to develop carbon removal projects in the country, the government announced Thursday.
Read MoreUN opens consultation on REDD+ strategy for 2026-30, aiming to halt deforestation by 2030
The flagship UN programme on Reducing Emissions from Deforestation and forest Degradation (REDD) and boost forest carbon stocks has opened a public consultation for its 2026-30 strategy.
Read MoreInaugural $500-mln bond for climate action hugely oversubscribed
An inaugural bond for climate action has raised $500 million from largely EMEA-based investors in a round that was over six times oversubscribed.
Read MoreFEATURE: As US investors quit climate alliances, attention turns to shareholders
US financial institutions say they will stick with their climate commitments despite quitting international net-zero alliances — but the loss of oversight and transparency provided by the alliances puts more pressure on policymakers and shareholders to ensure that promises are fulfilled.
Read MoreAsset manager cross-lists ETC tracking cap-and-trade carbon allowances
A US asset management firm has launched a carbon exchange-traded commodity (ETC) on the London Stock Exchange that offers broad coverage of cap-and-trade carbon allowances.
Read MoreClimate and environmental risk could halve GDP by end of the century -UK actuary body
Global GDP could be halved between 2070 and 2090 due to risks posed by the climate crisis currently unaccounted for in climate policies, a new report by the UK actuary professional body revealed on Thursday.
Read MoreFEATURE: More IMO member states align behind proposed GHG levy for shipping
The prospect of a global emissions levy on shipping is getting closer to reality, according to a recent briefing and document from the UN’s International Maritime Organization (IMO).
Read MoreCARBON FORWARD MIDDLE EAST: Arab League, voluntary carbon standard to sign Article 6 MoU -executive
The Arab League will next week sign a memorandum of understanding (MoU) with a voluntary carbon standard to build capacity for Paris Agreement carbon markets, an executive told Carbon Forward Middle East in Abu Dhabi on Thursday.
Read MoreNuclear resurgence locked and loaded as SMRs lead the way to a new finance era -IEA
Nuclear energy is set to see a resurgence for a complex conflagration of drivers including decarbonisation plans coupled with the need for reliable baseload power, new electricity demand from the computing sector, nations’ interest in energy self-sufficiency, and a projected fall in costs for new types of nuclear energy like small modular reactors (SMRs), according to the International Energy Agency (IEA).
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