Euro Markets: EUAs post largest weekly drop in six months despite ending three-day losing streak
European carbon prices snapped a three-day losing streak Friday, though robust morning gains in line with gas and power were rapidly unwound in the afternoon amid strong selling interest, leaving the EU market with its largest weekly loss since the end of February.
Read MoreGermany rejects 215,000 emissions reductions units from eight projects in China
The German Federal Environment Agency (UBA) has rejected 215,000 tonnes of new emissions reduction certificates from eight upstream oil and gas projects in China due to “irregularities”, it announced on Friday.
Read MoreCorporate greenwashing unevenly hits share price of offenders, study finds
Attempts at corporate greenwashing will eventually hurt the financial bottom line of companies in the long run, but offenders are still getting away with it in too many jurisdictions, according to research published this week.
Read MoreUS EPA cracks down on illegal HFC usage, imports with new enforcement alert
The US EPA on Friday issued a new enforcement alert, stepping up efforts to combat illegal imports and usage of hydrofluorocarbons (HFCs) – potent greenhouse gases used in refrigeration and air conditioning systems.
Read MoreAI could expand access to carbon markets for sustainable rice farming, says report
Artificial intelligence (AI) holds the potential to lower barriers to accessing carbon finance for sustainable rice projects, according to a new report.
Read MoreFormer Gabon environment minister beefs up board of CTrees
Lee White, the former environment minister of Gabon in central Africa who was briefly placed under house arrest in August last year amid a miliary coup, has been appointed to the board of directors of CTrees.
Read MorePoland aims for 56% renewables in electricity mix by 2030
Poland will aim for a 56% share of renewable energy in its electricity mix by 2030, according to the climate ministry, who announced a new target was revealed in the draft of the National Energy and Climate Plan (NECP) this week.
Read MoreRGGI auction races to another record clear with strong compliance bid
The Q3 RGGI auction cleared at a new all-time high, with compliance buyers scooping up two-thirds of the permits offered, results posted Friday showed.
Read MoreExperts call for COP16 to address Amazon crimes destroying nature
Experts on the Amazon have urged action from politicians at the COP16 conference to combat the policies fuelling demand for products from activities like gold mining that are driving biodiversity loss.
Read MoreInvestors should start with materiality when addressing Scope 3 emissions -report
Financiers should adopt a materiality-based approach when addressing the Scope 3 emissions of assets, according to a report published this week.
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