Azerbaijan to create fossil fuel-financed climate fund at COP29
Azerbaijan is putting climate finance at the centre of its agenda for the COP29 summit in Baku, with a series of initiatives and outcomes aimed at drumming up more public and private money including from fossil fuel-producing countries and companies, it announced on Tuesday.
Read MoreAU Market: Australian regulator to update contract exit figures by month’s end
Australia’s Clean Energy Regulator (CER) will provide an update on the volume of carbon credits that have been released during the latest exit arrangement window.
Read MoreBrazilian state creates working groups to pursue ART TREES eligibility
The Brazilian state of Acre unveiled two technical working groups on Thursday to help align its jurisdictional REDD (J-REDD) framework with the ART TREES standard, one of only two voluntary crediting programmes approved for the UN CORSIA aviation offsetting scheme.
Read MoreRGGI Market: RGAs slump 15% as compliance demand recedes
RGGI Allowance (RGA) prices plummeted nearly 15% over the past week as strong compliance demand through the summer begins to dry up heading into ‘shoulder’ season.
Read MoreCommerce firm launches voluntary carbon credit sales platform
A large online e-commerce website has launched a platform to facilitate the sale of voluntary carbon credits, it announced Tuesday.
Read MoreTen US organisations meet emissions reductions targets early via DOE partnership
Ten companies met their scope 1 and 2 emissions reductions goals ahead of schedule, supported by a US Department of Energy (DOE) programme, the agency said Monday.
Read MoreUK places climate action at centre of foreign affairs agenda with clean power alliance
British Foreign Secretary David Lammy will on Tuesday kickstart a global clean power coalition aimed at accelerating the clean energy transition, helping developing countries leapfrog fossil fuels, and turning the UK into a clean energy superpower.
Read MoreUS DOE funds $6.5 mln towards New Mexico coal CCS project
A New Mexico coal-fired power plant has received $6.5 million from the US Department of Energy (DOE) to study the feasibility of carbon capture and storage (CCS) on-site, the agency announced Monday, even though the region has recently struggled with CCS viability.
Read MoreLong-term EU carbon price bull trend remains intact, could hit €150 by 2030 -panellists
The long-term bull trend in EU carbon prices remains intact, despite strong fundamental headwinds, attendees heard at an investment bank-hosted industry conference last week.
Read More
