INTERVIEW: Cement giant says EU regulation too stringent to scale up e-fuel for maritime, aviation
A global maker of construction materials would like the EU to scrap a regulation that will only allow sustainably sourced CO2 in the production of e-fuels after 2041, saying it will constrain the ability to decarbonise maritime and aviation.
Read MoreNGOs offer ‘playbook’ to help govts set price for ITMOs
Governments face a complex task in setting the price of ITMOs while still staying on track to meet their own climate goals, according to two NGOs, which have teamed up to release a “Ministry Playbook” guide to selling the international carbon credits.
Read MoreEuro Markets: EUAs lock in 5% weekly gain as UKAs struggle to recover
European carbon prices eased marginally lower on Friday during relatively quiet trade, as they charted a 5% weekly gain, keeping above key technical levels following strength earlier in the week, while UKAs struggled to recover after heavy losses seen during the previous session.
Read MoreEU-backed hydropower project threatens Danube’s biodiversity, watchdogs say
The European Parliament has decided not to oppose a hydropower project on the Danube that could threaten protected areas (PAs) and the survival of critically endangered species, according to a group of environmental organisations.
Read MoreLaos, Australia, and GGGI consult on Article 6
Laos, which is chair of the Association of Southeast Asian Nations (ASEAN) this year, held an event Thursday to consult on Article 6, while it also hosted a meeting of ASEAN energy ministers.
Read MoreTaiwan releases voluntary guidelines to avoid corporate greenwashing
Taiwan’s environment ministry has released a set of operational guidelines for companies to declare carbon neutrality that includes the proper use of offsets, in the hope of avoiding corporate greenwashing.
Read MoreCN Markets: CEA price rebounds to 100 yuan level, trading activity picks up
The Chinese emissions market saw more fluctuations over the past week, with the permit price climbing back to the 100 yuan ($14.26) level amid growing compliance demand.
Read MoreAustralia pledges cash for SAF pilot
Australia has pledged more cash towards creating its own supply of sustainable aviation fuel (SAF) with funding of A$36.8 million ($25.3 mln) coming from Canberra and ground zero for jet-zero Queensland.
Read MoreCWNYC24: FEATURE – VCM continues struggle to define what makes a ‘good enough’ carbon credit
At the spate of voluntary carbon events scattered in high-rises across New York this week, one topic persisted: how does the market evolve into the trustworthy, functioning, and effective global climate finance driver and unleash the billions of corporate dollars needed for net zero.
Read MoreINTERVIEW: Undeterred by policy inadequacy, Pakistani non-profit hopes to turn the tide for country’s voluntary carbon market
A non-profit in Pakistan is endeavouring to get the much-needed carbon finance into the country heavily impacted by climate change, despite the lack of clear pathways for offset projects to scale.
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