EU CBAM transition period not long enough for Western Balkan power exporters to comply, says expert
The transition period for the implementation of CBAM, which runs until 2026, is not long enough for Western Balkan electricity traders to devise new export strategies to the EU, even if the Commission changes its criteria to make it easier for low-carbon exporters to be recognised, according to an expert on the matter.
Read MoreCWNYC24: “Good riddance” to buyers who won’t pay for integrity, says tech giant
Voluntary carbon market (VCM) stakeholders should welcome the retreat of buyers who will not pay a premium for high-integrity credits, a large tech buyer said at Climate Week NYC on Thursday.
Read MoreBRIEFING: Ease grid, planning constraints to turbocharge UK onshore wind
Rolling out onshore wind in the UK fast enough to achieve net zero requires unlocking grid and planning constraints, motivating local communities, and prioritising farms for the windiest areas, experts said Thursday.
Read MoreCWNYC24: African govt alliance forged to generate ITMO credits from large carbon reforestation project
Eleven African countries have forged a new alliance to generate ITMO credits from a large reforestation and conservation carbon project.
Read MoreScope of EU ETS expected to broaden out from 2026 -report
In the coming years, the EU’s Emissions Trading System could incorporate new sectors and be extended to neighbouring countries like Ukraine or tied up with the UK, according to research published on Thursday.
Read MoreOld divisions resurface as EU debates green industrial future
Germany rebuffed calls on Thursday to issue new joint EU debt as a way to finance the green and digital transitions, rejecting one of the key tenets of a report by former central banker Mario Draghi to restore the bloc’s competitiveness.
Read MoreBuyers pay premium for voluntary carbon credits linked to SDG claims -report
Buyers are willing to pay more for voluntary carbon credits from projects that contribute towards the United Nations Sustainable Development Goals (SDGs), according to new research.
Read MoreINTERVIEW: Carbon taxes ‘work well in the power sector’, but not elsewhere
Outside of the power sector, carbon taxes are largely ineffective at driving decarbonisation when implemented on their own, according to an academic interviewed by Carbon Pulse.
Read MoreChilean govt spearheads high sea protection initiative
The government of Chile has kickstarted an initiative aimed at ramping up ocean protection efforts, as discussions over the need to hasten the implementation of the Biodiversity Beyond National Jurisdictions (BBNJ) treaty have taken centre stage at the UN headquarters this week.
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