European carbon trading firm opens Amsterdam office
A UK-headquartered carbon and energy trading outfit has opened a new office in Amsterdam, as it looks to expand its presence across France, the Benelux region, and continental Europe.
Read MoreSB64: Article 6.2 TERs are in their lane, but PACM could add clarity, says UN
The UN’s Technical Expert Reviews (TERs) of Article 6.2 initial reports are fully within bounds, and are not erroneously applying Paris Agreement Crediting Mechanism (PACM) norms, a senior member of the UNFCCC has said.
Read MoreVCM MONTHLY: Retirements and issuances rise while CORSIA prices slide
Carbon credit issuances and retirements bounced up in May year-on-year across the voluntary carbon market while benchmark CORSIA prices fell 22% to end the month around $10/tonne, their lowest level since June 2024.
Read MoreCarbon insurance market set for explosive growth, finds report
Premiums for insuring the carbon market could reach at least $1.8 billion by 2030 and up to $30 bln by 2050, claims a report.
Read MoreVCM REPORT: CORSIA prices steady after months-long slide as market searches for floor
CORSIA futures stabilised after months of price declines, with benchmark contracts on ICE holding around the $10 per tonne mark last week as selling pressure appears to be easing, as participants appeared to have found on a floor amid demand uncertainty.
Read MoreUN flags ‘significant’ Article 6.2 readiness gaps in four APAC countries
At least four countries seeking to participate in carbon markets under Article 6.2 of the Paris Agreement have significant gaps in their governance, authorisation, and tracking systems, according to recent UN technical reviews.
Read MoreClean industry financing jumps as China leads new project wave -report
Clean industry projects worth an estimated $43 billion secured financing over the past six months, more than double the pace recorded in the same period a year earlier, as China accounted for most new projects, according to a report published Monday.
Read MoreSupply chain, financing pressures keep corporate carbon accounting in play despite broader ESG pullback -panellists
Companies are continuing to use GHG accounting to guide investment, procurement, and emissions reduction decisions despite a more uncertain North American disclosure landscape, as climate risk, financing needs, customer demands, and supply chain pressure keep emissions data on the corporate agenda, panellists said on Thursday.
Read MoreEU climate investment stalls as bloc falls €344 bln short of 2030 needs -report
Europe risks repeating a damaging cycle of reacting to energy crises rather than preparing for them, after climate investment stagnated for a third consecutive year and covered barely three-fifths of what is needed to meet the EU’s 2030 climate and energy goals, according to new analysis from the Institute for Climate Economics (I4CE).
Read MoreBRIEFING: Nature takes hit as EU sustainability reporting rules inch towards adoption
Brussels shared final drafts of its slimmed-down European Sustainability Reporting Standards (ESRS) this week, proposing a few additional changes that could create challenges for corporate nature disclosures, according to observers.
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