Gap between Pacific finance needs and availability threatens NDC viability -analysis
Analysis of 14 Pacific Island Nationally Determined Contributions (NDCs) found that a lag in climate finance flows to the region threatens their implementation.
Read MoreAustralian aviation company raises A$28 mln to scale drag-reducing tech
An Australian venture capital fund announced Tuesday it had successfully raised A$28 mln ($19.2 mln) on behalf of an aerospace company looking to scale its drag-reducing adhesive film that improves flight efficiency.
Read MoreUK off target to meet 2030 clean power goal by two years -report
The UK is set to fall short of its target for 95% clean power by 2030 by a margin of 12 percentage points, though could achieve the full target by 2032 provided more renewables come online and grids are upgraded, said a consultancy in a new report.
Read MoreFederal oversight of US renewable energy pipeline puts $121 bln at risk -report
Heightened federal oversight since 2025 could disrupt the US renewable energy pipeline, putting over $121 billion of investment at risk, according to a new analysis.
Read MoreInternational climate diplomacy should evolve to distinguish institutional, implementation processes -report
A recent report by a German non-profit suggested a two-tiered approach to multilateralism in international climate diplomacy, more distinctly distinguishing between institutional and implementation efforts, offers the most realistic path for turning talk into action.
Read MoreEU governments leave €85 bln in ETS2 funding frozen as social plans stall
One year after the deadline to submit national Social Climate Plans, 19 EU member states have yet to file the documents required to access funding linked to the bloc’s new Emissions Trading System for road transport and heating fuels (ETS2), leaving €85.3 billion effectively frozen, according to campaigners.
Read MoreIrish presidency aims for EU member states agreement on ETS in December
Ireland, which holds the Council of EU member states’ rotating six-month presidency from July, is aiming to secure an agreement between the bloc’s 27 nations on the revision of the Emissions Trading System in the first half of December.
Read MoreFEATURE: Gross or net? EU wrestles with CO2 accounting rules for ETS removals
As the European Commission prepares legislation to bring carbon removals into the EU Emissions Trading System (ETS), experts warn that choices over CO2 accounting risk giving policymakers a serious headache in Brussels.
Read MoreBRIEFING: UK’s first CCUS projects seen as test case for second wave
Projects under Track 1 of the UK’s carbon capture, usage, and storage (CCUS) strategy must move ahead with construction to prove the model is repeatable and attract private capital for the next wave, experts said at a webinar on Monday.
Read MoreTop EU Parliament group seeks free permit handouts for power providers, speculation limits in upcoming ETS reform -media
The European Parliament’s largest political group is considering a push to grant power generators free EU Emissions Trading System (EU ETS) allowances after 2030 in exceptional circumstances, as well as limits to the participation of speculators in the market, according to a draft negotiating position seen by news outlet Montel.
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