Success of NZ climate litigation case could wipe NZ$21.9 bln off GDP over five years, report claims
If allowed to proceed and successful, a climate case in New Zealand could cause the country’s GDP to contract by 0.9%, or NZ$21.9 billion ($12.7 bln), out to 2032, according to a report commissioned by three of the defendants.
Read MoreMDB climate finance reached $163 bln in 2025
Multilateral development banks (MDBs) provided $163 billion in climate finance in 2025, driven primarily by mitigation efforts in the energy sector, while remaining on track to meet collective 2030 financing targets despite political complexities.
Read MoreSolar generates quarter of EU power for first time in June -report
Solar supplied a quarter of EU electricity for the first time in June, becoming the bloc’s largest individual power source during a month of elevated demand and hot weather, according to analysis released on Tuesday.
Read MoreFusion industry sees huge cash injection over last 12 months
Private investment is pouring into the global fusion industry, which is aiming to deliver commercial electricity in the 2030s, according to a report published Monday.
Read MoreEU clears massive €63 bln French offshore wind support scheme
The European Commission has approved a €63 billion French scheme to support eleven offshore wind farms, in one of the largest single state aid packages yet signed off under the EU’s Clean Industrial Deal State Aid Framework (CISAF).
Read MoreCOMMENT: Building the carbon markets of tomorrow – Singapore’s blueprint
Singapore is building an integrated carbon market ecosystem that fills financing, innovation, and demand gaps, positioning itself as Asia’s hub for scaling high-integrity carbon projects and Article 6 markets.
Read MoreEU carbon market reforms spurred emissions cuts, green takeovers, study finds
A tightening of the EU Emissions Trading System (EU ETS) prompted the bloc’s most carbon-intensive companies to reduce emissions without cutting output, while encouraging manufacturers to pursue greener acquisitions as part of their decarbonisation strategies, according to a new study.
Read MoreRomanian power adequacy risks may be overstated, EU energy regulator says
Romania may face electricity supply risks later this decade, but its national assessment likely makes the outlook appear worse than the most probable scenario, the EU energy regulator said in an opinion published last week.
Read MoreLEAK: EU plans procurement rules overhaul to hard‑wire green criteria into public tenders
The European Commission is preparing sweeping changes to EU public purchasing rules that would turn procurement into a driver of decarbonisation, circularity, and energy efficiency, according to a leaked draft of its forthcoming Public Procurement Act seen by Carbon Pulse.
Read MoreNew German heating law protecting fossil infrastructure clears final hurdles
A new Building Modernisation Act that drops a 65% renewable energy obligation and a ban on installing oil and gas boilers in favour of promoting clean fuels has passed the German parliament and senate.
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