No major integrity concerns in EU carbon market despite concentrated auctions -report
The European Securities and Markets Authority (ESMA) found no significant concerns over the transparency or integrity of the EU carbon market, in an annual report published Thursday, despite auction participation remaining heavily concentrated among a small number of companies.
Read MoreDigital carbon registry launches focused on building decarbonisation projects
A new digital carbon registry has launched, aiming to bring building decarbonisation projects into carbon markets.
Read MoreRenewables developer injects first green gas into Italian grid
A Swiss renewable energy company has injected its first biomethane into the Italian gas grid, marking the start of the company’s expansion into renewable gas.Â
Read MoreEurope dominates sustainability performance, but most countries lag on net zero -index
Europe dominates worldwide sustainability performance due to its progress on energy transition and other areas, but still few countries are on track to meet the global goal of achieving net zero by 2050, according to an index published Thursday.
Read MoreFEATURE: CEE renewables push runs into politics, not a funding gap
Central and Eastern Europe (CEE) has the resources, EU support, and investor appetite to speed up its renewables buildout, but weak political direction is still holding back parts of the region, experts told Carbon Pulse.
Read MoreWorld’s largest meatpacker waters down climate target
JBS, the world’s largest meatpacker that is under threat of legal action by an environmental group, is stepping back from a 2040 net zero emissions goal.
Read MoreLeaked EU electrification plan taps ETS revenues, leaves 2040 target unresolved
Brussels is set to propose a plan to electrify the bloc’s economy that would require EU member states to devote a greater share of carbon market revenues to industrial decarbonisation, according to a leaked draft of the forthcoming Electrification Action Plan, which still leaves its headline 2040 electrification target undecided.
Read MoreFEATURE: EU weighs central purchasing authority for carbon removals in ETS
The European Commission is weighing the creation of a central purchasing authority for carbon removal units entering the EU Emissions Trading System (EU ETS), a move supported by environmentalists, but which also has drawbacks.
Read MoreNon-profit launches certificate scheme to finance shift from fossil-based plastics
A Singapore-headquartered non-profit has launched a market-based certificate scheme aiming to support companies in transitioning away from fossil-based plastics.
Read MoreJapan developer sets up consortium to design carbon methodologies
A Tokyo‑based digital measurement, reporting, and verification (dMRV) software developer on Thursday set up a consortium to develop methodologies for recognising transport emissions reduction results as tradable “environmental value”.
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