EU 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 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.
Read MoreMauritania to set up national carbon registry, framework -media
Mauritania’s environment minister this week presented a strategic framework to facilitate access to international carbon finance and support mitigation activities, local media has reported.
Read MoreBRIEFING: EU ETS aviation rules should be tweaked to close SAF cost gap
EU Emissions Trading System (ETS) revenues should be channelled towards closing the sustainable aviation fuel (SAF) cost gap and supporting next-generation fuels that are currently commercially unviable, according to a policy briefing from researchers at the European University Institute (EUI) in Florence.
Read MoreIEA announces $900 mln in new commitments for clean cooking in Africa
The International Energy Agency (IEA) announced $900 million in new commitments to expand clean cooking in Africa, unveiled alongside its Clean Cooking in Africa 2026 report.
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 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”.
Read MoreTemasek sustainability portfolio value grows to S$49 bln, maintains net zero goal
Singapore sovereign investor Temasek recorded 7% year-on-year growth in its sustainability portfolio value to S$49 billion ($37.8 bln) and opted to maintain its focus on enabling carbon market solutions as a pillar of its net zero goal, according to financial year-end figures published on Wednesday.
Read MoreScaling CDR alongside emissions cuts could halve 1.5C overshoot, study finds
A climate strategy that scales carbon removal (CDR) alongside rapid emissions cuts could reach net zero CO2 seven years earlier than pathways that prioritise either removals or decarbonisation alone, but would face a major geological storage constraint, according to a recent study.
Read More