Insurance firm launches new voluntary carbon product with bank

Published 17:15 on September 17, 2024  /  Last updated at 17:15 on September 17, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

A London-headquartered insurance firm has launched a new product, first rolled out with a bank, that will cover commercial loans to voluntary carbon projects, it announced Tuesday.

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Euro Markets: EUAs end 3-day losing streak after early 5-month low amid strong natural gas rally

Published 17:15 on September 17, 2024  /  Last updated at 17:26 on September 17, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices set a new five-month low before bouncing sharply on Tuesday and unwinding the last two days of losses, tracking an equally strong gas market as compliance buying interest appeared to provide a floor for prices.

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Biodiversity Pulse: Tuesday September 17, 2024

Published 17:00 on September 17, 2024  /  Last updated at 17:00 on September 17, 2024  /  Biodiversity, Newsletters

A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

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COMMENT: Embracing nature in corporate strategy

Published 16:23 on September 17, 2024  /  Last updated at 16:23 on September 17, 2024  / /  Biodiversity, Contributed Content, Other Content

One year on from the launch of the TNFD framework, the data and technology to measure, report and act on nature exists already and is improving by the day. The message from stakeholders is clear: embedding nature into decision making is becoming an expectation not an option. The time to act is now, writes Natcap’s Sebastian Leape.

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Non-profit urges COP16 to put world on track to meeting biodiversity targets

Published 16:04 on September 17, 2024  /  Last updated at 01:23 on September 18, 2024  / /  Africa, Biodiversity, EMEA, International

The priority of UN biodiversity conference COP16 should be delivering on the international pledges from Montreal while tracking progress, a World Resources Institute (WRI) executive said on Tuesday.

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Grid limitations stall global renewables growth -report

Published 16:01 on September 17, 2024  /  Last updated at 16:01 on September 17, 2024  / /  EMEA, International

Renewable energy can fully meet global energy demands, but urgent upgrades to grid infrastructure and integrated planning will be essential, according to a report on Tuesday.

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Additional efforts needed to counter weak credit prices across US clean fuel programmes -panel

Published 15:22 on September 17, 2024  /  Last updated at 15:22 on September 17, 2024  / /  Americas, RINs & LCFS, US

US states that have implemented clean fuel standards (CFS) must follow California’s footsteps and increase ambition to address the ongoing credit oversupply across these markets, panellists at a conference said Monday.

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US tech firm partners with UN on new AI models for clean energy access

Published 15:00 on September 17, 2024  /  Last updated at 18:24 on September 16, 2024  / /  Americas, International, US

A US tech company has partnered with the United Nations Development Programme (UNDP) to develop two new interactive tools to forecast future access to electricity across jurisdictions and to model clean energy equity.

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DAC developer, non-profit partner to unlock philanthropic funding for burgeoning carbon removals industry

Published 15:00 on September 17, 2024  /  Last updated at 15:00 on September 17, 2024  /  Americas, Canada, EMEA, Nature-based, US, Voluntary

A major direct air capture (DAC) technology developer has partnered with a non-profit dedicated to supporting the carbon removals industry to harness philanthropic capital, creating a new avenue for individuals and organisations to contribute to removal efforts while receiving tax benefits.

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Polish state aid plan approved under EU rules for supporting net zero sectors

Published 14:47 on September 17, 2024  /  Last updated at 14:47 on September 17, 2024  / /  EMEA

The European Commission has approved a €1.2 billion Polish state aid scheme, under the bloc’s recently relaxed subsidy rules, to support investments in sectors producing the equipment needed to transition to net zero emissions, it announced on Tuesday.

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