UPDATE: EU stocktake sees energy security improve, warns of poverty uptick
Despite an uptick in energy poverty, the EU is on track to ensure energy security, according to the European Commission’s latest annual assessment looking back at what has been achieved over the past year.
Read MoreBRIEFING: Carbon removals facing a price roller coaster as demand outstrips supply
The high price of carbon removal credits is set to spike before it declines, as new government policies help to drive more buyers to the nascent market, according to speakers at the Carbon Unbound Europe conference on Wednesday.
Read MoreExperts call for robust targets in Scottish nature bill
Scotland urgently needs strong targets to ensure impact in its forthcoming nature bill, covering areas ranging from habitats to species, experts said during a webinar on Wednesday.
Read MoreClimate spending under EU pandemic fund likely over-estimated, auditors say
The EU’s pandemic recovery funds contribution towards climate action and the green transition is likely over-estimated by at least €34.5 billion, the European Court of Auditors (ECA) said on Wednesday.
Read MoreIrish farmers and landowners targeted for forestry carbon credit revenue
One of the largest forestry management firms in Ireland has teamed up with the country’s first certified carbon management company to sell credits in the voluntary market.
Read MoreSBTN releases draft guidance on first science-based ocean targets
The Science Based Targets Network (SBTN) has put out for consultation draft guidance on the first scientific targets for ocean impacts, ahead of the full roll out in 2025.
Read MoreScottish farmers need more detail about transition to nature-friendly farming as new legislation comes into play -webinar
There are still many unknowns about what will be required of farmers under an agricultural bill passed by the Scottish government in June, including on the incentives for woodland creation and peatland restoration, a trade body representative told a webinar on Wednesday.
Read MoreBrussels aims to rubber-stamp carbon removals framework by year’s end
The European Commission expects to formalise its Carbon Removals and Carbon Farming (CRCF) regulation by the end of this year, giving it the legal basis on which to set certification methodologies for the first batch of removal techniques next year, a Brussels official confirmed on Wednesday.
Read MoreClean cooking carbon project developer sells all credits through 2024 at $35/t
A clean cooking project developer has sold all of its carbon credits of a vintage through 2024 at $35 per tonne, an executive told an event Wednesday, in a sign that demand for ‘high-quality’ units is there for the voluntary market.
Read MoreUK businesses show varied progress towards net zero -survey
A UK survey on corporate net zero progress found that 73% of respondents consider achieving net zero a medium- or high-priority over the next year, only 65% have committed to the 2050 target, and just 48% have set net zero goals to be met within the next decade.
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