Employers’ group urges EU to ‘reconsider’ phase out of free ETS allowances
BusinessEurope, an umbrella group representing national employer’s organisations, has called on policymakers to “reconsider” the planned phase out of free allowances under the EU’s Emissions Trading System (EU ETS), saying Europe should “be prepared” in case its new carbon border tariff scheme fails to deliver.
Read MoreNature is of major interest for sovereign investment, report finds
Nature is a significant topic for stakeholders in government-related investments, with its risks often overlooked by bond markets, consultants AXA Climate said in a report this week.
Read MoreSaving Europe’s industry requires greater electrification -report
Europe’s industry needs greater electrification to compete with the likes of China and the US, according to research published on Thursday.
Read MoreUK startup pioneers technology to advance plastic recycling
A UK-based startup has developed a method to break down waste plastics at the atomic level, which it said could support global efforts in advancing chemical recycling.
Read MoreJapanese trading house launches digital system to scale forest carbon projects
A major trading house in Japan has launched a system that can standardise and digitalise the work needed for creating domestically issued carbon offsets from forestry projects.
Read MoreLaos prepares for access to international carbon market
Heavily forested Laos has issued a decree to “define principles” around cooperation in multilateral carbon market projects, a state-run newspaper said Thursday.
Read MoreAustralia Market Roundup: Energy company dumps hydrogen project, Woodside registers another ACCU project
Australian energy gentailer Origin announced on Thursday it would shelve a hydrogen development project due to a lack of certainty, while Woodside Energy continues to register new carbon credit projects.
Read MoreNZ officials call for better exotic forest regulations
New Zealand government officials have recommended exotic forestry be defined within the country’s National Environmental Standards for Commercial Forestry (NES-CF), in order to better regulate the sector that drives carbon credit supply in the country, according to a report published Thursday.
Read MoreEU 2040 climate target hinge upon ability to overcome risks -report
The European Union has to overcome some economic, social and political risks if it is to reach its climate target for the next decade, researchers have said.
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