Euro Markets: EUAs make early gains, flatline in afternoon as gas stabilises
European carbon prices ended Tuesday moderately firmer as gains in the morning were followed by sideways trading throughout the afternoon, with EUAs benefitting from an early climb in natural gas after a number of interruptions to North Sea production were announced.
Read MoreCercarbono approves first biodiversity credit methodology
Colombia-based environmental standard Cercarbono has approved its first methodology that project developers can use to generate voluntary biodiversity credits.
Read MoreGermany ups decarbonisation subsidies despite budget woes
All building owners in Germany will soon be able to apply for subsidies to decarbonise their heating system, the economy ministry announced on Tuesday, in a move that may help the country better prepare for the introduction of the EU-wide heating and transport Emission Trading System (ETS2).
Read MoreEuropean Commission taken to court over 2030 climate targets
Two non-profits are taking the European Commission to court, claiming the bloc’s target for emissions reductions this decade is too modest.
Read MoreEgypt seen opting for voluntary carbon market rather than CO2 tax -media
Egypt officially launched its regulated voluntary carbon market (VCM) this month, weeks after reports that the cabinet was working on late-stage drafts of carbon tax regulations, and the VCM-based incentive system could ultimately supplant taxation, according to local media reports.
Read MoreINTERVIEW: New carbon removals initiative aims to foster more transparency
An initiative focused on providing technical assistance and capacity building for carbon removal (CDR) firms is pushing to establish a more transparent, accountable, and effective ecosystem, its founder told Carbon Pulse.
Read MoreParis targets at risk as corporates pull the brake on investing in green technologies -report
Paris Agreement climate targets are at risk because companies are shying away from taking the plunge on green technology projects, creating a widening ‘reality gap’ between commitments on paper and what is needed on the ground, finds new research.
Read MoreAlliance pushes for systemic marine change to overcome financing challenges
A marine alliance is pushing for system-wide change to financing marine protected areas (MPAs), as a site-by-site approach is not working, an executive has said.
Read MoreWorld’s first green ammonia plant opens in Denmark
A first-of-its-kind green ammonia plant that will take advantage of power fluctuations from wind and solar power was opened on Tuesday by a trio of Danish clean tech companies, with a view to decarbonise shipping, fertilisers and heavy industry.
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