Germany leads Europe’s 2025 heat pump surge as EU readies ETS2 launch
Heat pump deployment rebounded across Europe in 2025, led by Germany, paving the way for a smoother launch of the EU’s upcoming Emissions Trading System for road transport and heating fuels (ETS2), according to new market data published on Monday.
Read MoreEU opens €1.1 bln funding round to decarbonise transport links
The European Commission has launched a €1.1 billion funding round to upgrade rail, waterway and other low-carbon transport infrastructure across the EU, Ukraine and Moldova under the EU’s 2026 Connecting Europe Facility (CEF) Transport calls.
Read MoreFEATURE: Corporates excited about new SBTi climate standard’s nod to market instruments
Companies are “excited about finally having clarity” on using market instruments to show progress towards their climate targets under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, say consultancies referring to the standard’s “incredible ripple effect”.
Read MoreBanks’ climate impacts more likely to create transition than physical risks, paper says
Banks’ own climate-impacting activities are more likely to create transition-risk exposure through investors, clients, policymakers, or litigation than to materially increase their own physical climate risks, according to a new working paper on double materiality.
Read MoreUK carbon markets initiative appoints new chair
The UK Carbon Markets Forum (CMF) has appointed a new chair from a major global consultancy, as it seeks to accelerate the growth of global credit markets and deepen engagement across the financial sector.
Read MoreFormula 1 cuts carbon footprint 35%, says on track for net zero emissions
Formula 1, the top tier of international motorsport, has reduced its carbon footprint by 35% from its 2018 baseline and remains on track to becoming a net zero sport by 2030, according to its latest sustainability report.
Read MoreStudy maps global emissions to asset owners, finds sharp carbon inequality
Emissions linked to privately owned assets are highly concentrated among the world’s wealthiest individuals, found an analysis published this week, highlighting what researchers described as a blind spot in climate policy.
Read MoreOcean CDR initiative to launch $5 mln RFP to fund expansion of global network for alkalinity enhancement research
An ocean carbon removal research initiative on Wednesday unveiled plans to launch a $5 million funding round aimed at expanding a global research network for ocean alkalinity enhancement (OAE), as interest grows in marine CDR technologies but questions remain over their scalability, environmental impacts, and monitoring requirements.
Read MoreEvery dollar a company invests in emissions reduction generates up to $7 in return -report
Every dollar that a company invests in emissions reduction generates an average of $2.40 in return, and in some cases up to $7 over its lifetime, according to the latest report by an environmental disclosure non-profit.
Read MoreEXCLUSIVE: European emitters boost shareholder payouts while receiving free EU carbon permits, data shows
Big European steel and petrochemical firms benefiting from free EU carbon allowances have channelled billions of euros into share buybacks since 2022 while scaling back green investments, according to data compiled for Carbon Pulse ahead of a crunch summit this week.
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