Polish state aid plan approved under EU rules for supporting net zero sectors
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.
Read MoreFEATURE: CBAM costs threaten to further decimate Ukrainian exports
Ukraine’s war-torn economy stands to bear some of the greatest strain from the full arrival of the EU’s Carbon Border Adjustment Mechanism (CBAM), imposing a new carbon fee on goods that account for one-fifth of Kyiv’s exports to the bloc – and billions in revenue.
Read MoreTwo veteran carbon traders leave international commodities house
Two veteran carbon traders have departed from a Europe-based commodities trading house this summer, Carbon Pulse has learned.
Read MoreKenya-based startup sells Africa’s first ERW carbon credits -media
A Nairobi-headquartered company has sold Africa’s first enhanced rock weathering (ERW) carbon credits, according to Bloomberg.
Read MoreHuman impacts trigger similar responses in fish in different rivers, study says
Fish populations in two large rivers in the US and China respond similarly to human-led changes in environmental conditions, a paper has said.
Read MoreLarge corporates making ‘quiet’ climate progress, finds report
The world’s largest companies are making gradual progress on emissions reductions and setting more significant climate targets, with more firms looking to use voluntary carbon credits to meet these goals, according to a report released Tuesday.
Read MoreCIX appoints new CEO as part of ‘natural evolution’
Singapore’s Climate Impact X (CIX) has appointed a permanent CEO after its chief operating officer had held the interim position for several months to replace Mikkel Larsen, while one of its existing board members will step up to chair the company.
Read MoreRegen reports sale of $129k of biodiversity credits on its platform
US-based environmental credit platform Regen Network Development has reported the sale of over 92,000 biodiversity credits worth a total of $129,000, listed on its marketplace and generated by three separate developers.
Read MoreFinanciers with $29 trillion urge nature positive, climate action
A global investor statement was released Tuesday, with signatures of 534 financial institutions managing more than $29 trillion in assets calling for a whole-government approach to reaching nature positive and net zero emissions.
Read MoreMilan-based startup launches industrial ocean carbon removal site
A Milan-headquartered company has launched its first industrial ocean CO2 removal (CDR) plant in Augusta, Italy.
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