Climate fund selects nature-based, clean energy carbon projects for investment from 2024 group
A climate fund has chosen new nature-based carbon projects, and energy-focused emissions reductions activities, after assessing hundreds of applications among its 2024 cohort, following on from a durable carbon removals selection round earlier this year.
Read MoreFrance to invest over €10 bln in offshore wind, despite far-right hostility
France will support the deployment of offshore wind power thanks to a €10.82 billion state aid scheme approved by the European Commission on Wednesday, despite opposition from the far-right which appears closer than ever to having a majority in Parliament following elections to be held on Sunday.
Read MoreStandard announces new voluntary carbon biochar methodology
A voluntary carbon standard has released its new methodology for crediting durable removals from biochar production and storage, which will now face a public consultation.
Read MoreEuro Markets: EUAs end little changed after rally fails to find support from weaker gas
EU carbon prices ended Wednesday little changed after a fairly volatile session characterised by strong volume, as an EUA rally after the daily auction appeared to be a reaction to another increase in speculators’ net short positions, which was not matched by a recovery in natural gas, casting further doubt on the recent correlation between the two markets.
Read MoreUK urged to speed up transition from oil and gas in the North Sea
As the UK faces declining oil and gas production in the North Sea, transitioning the region to offshore wind, green hydrogen, and carbon capture and storage (CCS) would provide energy security and valuable know-how, though the impact on workers and the environment needs to be carefully managed, experts say.
Read MoreFEATURE: Growth of interconnected electricity grids bolsters energy security
As power demand ramps up and generation becomes more dispersed and variable, electricity grid interconnectors will help to balance supply with demand levels and encourage countries to work together to secure energy supplies.
Read MoreUPDATE – Voluntary carbon integrity body slammed for missing additionality failures in more than 400k landfill gas credits
Half of the landfill gas credits issued by the Climate Action Reserve (CAR) registry likely fail additionality tests, despite the ICVCM approving the related methodology for its Core Carbon Principle (CCP) integrity stamp, according to analysis from a non-profit.
Read MoreEcuador inks €23.4 mln REDD deal with German development bank as nation warms to offsetting
Ecuador signed a €23.4 million ‘REDD Financial Contribution Contract’ with German development bank KfW on Monday as the country seeks to promote mitigation projects and boost voluntary carbon market (VCM) activity following years of disengagement.
Read MoreArgentine developers to market first biodiversity credits at COP16
Two Argentine developers have partnered with a Switzerland-headquartered foundation to launch separate biodiversity credit projects in two South American forests over 11,000 hectares, with plans to market them at the upcoming COP16 summit, Carbon Pulse has learned.
Read MoreAustria sets out carbon management strategy for hard-to-abate emissions
The Austrian government is looking at the reforms needed to enable carbon capture and storage (CCS) in the country in an effort to tackle hard-to-abate emissions from sectors like steelmaking and cement.
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