CP Daily News Ticker: 3 November 2025

Published 01:01 on November 3, 2025 / Last updated at 01:01 on November 3, 2025 / Daily News Ticker

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The CP Daily News Ticker is a running list of all our news updated in real-time throughout the day. This is also the home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
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  • Mon 23:47
    Urine luck – New Zealand’s public-private agtech investment vehicle AgriZero has invested NZ$1.2 mln ($684,627) in a wearable device for cattle which enables its urine to be spread and be used as a fertiliser, allowing better absorption of nitrogen and reducing the use of chemical fertilisers. Developed by Canterbury-based start-up Amua, the device could reduce nitrous oxide emissions by up to 95% and nitrate leaching by 93%, the government said in a press release Tuesday. AgriZero has invested NZ$191 mln over its first four years, including NZ$13 mln to a US company developing enzymes and probiotics to lower methane emissions from livestock and almost NZ$20 mln to two companies developing methane vaccines.
  • Mon 23:27
    Forest cuts – Canada’s Liberal government will drop its goal to plant two billion trees by 2031 as part of Tuesday’s federal budget, sources told CBC on Monday. The government will proceed with existing contracts to plant one billion trees by that date, with unallocated funding from the original $3.2 billion programme to be redirected elsewhere. The reforestation and afforestation initiative, launched under former prime minister Justin Trudeau in 2019, has missed annual targets in recent years, with only around 228 million trees planted to date, CBC reports. 
  • Mon 23:26
    Fast power – New Zealand’s fast track panel has approved the first renewable energy project, the government said on Monday. The application, from Genesis Energy, is to continue to use, operate, and maintain the Tekapo power scheme in the South Island, including work on the canal system. The government noted that Genesis had initially sought standard consent in July 2023, but a year on indicated that further delays were likely due to the lengthy approvals process. Following the passage of the Fast Track Approvals Act at the end of 2024, Genesis lodged its fast track application in Apr. 2025. Genesis has owned and operated the 190-MW Tekapo hydropower scheme since 2011.
  • Mon 23:25
    Genetic tinkering for climate – Agritech company Nbryo has secured A$10 mln ($6.5 mln) to expand and scale its bovine in vitro embryo production (IVP) technology, which can reduce seven years of selective breeding to one week. The cash to the Queensland-based company came from QIC Ventures and New Zealand’s AgriZero, said the Australian investment manager in a press release. Nbryo’s technology will enable the faster adoption of genetic traits to increase productivity, reduce environmental impact, and increase sustainability, it said.
  • Mon 23:00
    An Australian robotics company has secured A$16 million ($10.4 mln) to expand its rollout of novel climate tech that reduces emissions by cleaning ships hulls, it announced.
  • Mon 22:37
    Waiting on EPA – Biofuel and agriculture groups are calling on the US EPA to finalise a proposal that would fully reallocate all of the biofuel gallons that were lost via the agency’s 2023-25 small refinery exemptions (SREs) granted under the Renewable Fuel Standard (RFS). The agency originally proposed reallocating 100% of biofuel gallons in September, which followed an Aug. 2025 decision to grant several SREs for the 2023-25 compliance years. According to American Ag Network, one biofuel trade association said reallocating anything less than 100% would break EPA’s promise.
  • Mon 22:34
    Brazil’s gross greenhouse gas emissions fell by 16.7% in 2024 compared with 2023, according to estimates released on Monday by a civil society organisation - yet is off track to meet its Nationally Determined Contribution (NDC) goals. 
  • Mon 22:31
    Nuclear waste - Germany plans to speed up its search for a final repository for high-level nuclear waste. On Nov. 3, German Environment Minister Carsten Schneider said he plans to present a legislative amendment in early 2026, to "optimise the site selection process" and "make significantly faster progress" from 2027. By then, the Federal Company for Radioactive Waste Disposal (BGE) is due to present proposals for a second phase of site selection, which means creating a shortlist of several specific regions to examine more closely as potential hosts of a final repository. (Schneider's statement)  
  • Mon 22:11
    Water costs – Up to 30% of the investment needs that water suppliers will face are due to climate change, found a pilot study by Germany's energy and water trade association BDEW and technical and scientific association for gas and water DVGW. The study analysed four representative utilities and found that 7-30% of total planned investment could be traced back to climate-related impacts. Droughts, heatwaves, and heavy rainfall will driving higher costs for storage, insulation, flood protection, and energy efficiency. Utilities are also spending more on planning, permits, and innovation to ensure long-term supply security. The report warned that regional differences in geography and infrastructure could lead to wide variations in costs. The two trade associations called for a broader, representative survey to better quantify climate-related expenses and help policymakers draft support for the sector. (pilot study)
  • Mon 22:06
    Food supply chains – Sustainability data firm HowGood has aligned its 3.98 mln product carbon footprints with the Partnership for Carbon Transparency (PACT) approach to standardise emissions data across the global food industry. The move, validated by the World Business Council for Sustainable Development (WBCSD), allows manufacturers and retailers to exchange verified, interoperable carbon data in line with the Greenhouse Gas Protocol and ISO 14067. HowGood said the alignment will help companies compare footprints consistently and accelerate decarbonisation across agricultural and food supply chains. 
  • Mon 22:04

    Gaining ground – Gevo, a Colorado-based renewable fuels and chemicals company, announced the first delivery of certified CO2 removal credits (CORCs) under the Puro.earth standard to Biorecro North America. The credits were generated from Gevo’s North Dakota CCS operations. The delivery marks the start of a five-year agreement valued at about $26 mln. Gevo, which produces sustainable aviation fuel, ethanol, and other bio-based products, is currently the only producer of CORCs linked to ethanol-based carbon capture.

  • Mon 22:03
    Star rising, again? – After previously planning to end a popular consumer-level energy efficiency programme, the EPA is backtracking on an announcement from earlier this year to eliminate Energy Star. The programme, which helps consumers buy energy-efficient appliances, was slated for elimination by EPA Administrator Lee Zeldin in May. Now, Zeldin is reconsidering the move after pushback from business leaders and congressional Republicans, according to sources who spoke to the New York Times. The EPA has said that no final decision has been made yet on the programme’s future.
  • Mon 22:01
    Not a single sector is on a trajectory consistent with climate neutrality by mid-century, the Belgian government’s climate change department reported on Monday.
  • Mon 21:54
    A US-based carbon management firm has partnered with a Canadian waste-to-energy developer to advance Canada’s first commercial-scale facility integrating carbon capture and storage (CCS) in Alberta, the companies announced Monday.
  • Mon 21:47
    The world has less than a 5% chance of limiting global warming to below the 2C target of the Paris Agreement before the end of the century, according to a new model.
  • Mon 21:11
    A webinar on Monday outlined forthcoming guidance for developing high-integrity nature-based carbon projects in the Brazilian Amazon. 
  • Mon 20:41

    Fjord does heavy lifting – Kongsfjorden in Norway's Svalbard archipelago absorbs more GHG than it emits, functioning as a natural carbon sink, according to research by the Norwegian Polar Institute published in Scientific Reports. The study used water sampling and oceanographic monitoring to analyse the fjord's nitrogen and carbon budget. Scientists warn warming Arctic waters could diminish this absorption capacity. The fjord serves as a living laboratory for understanding Arctic transformations, with long-term monitoring planned to track climate impacts.

  • Mon 20:35

    Rocks eat CO2 Canada Nickel has launched a one-month in-situ carbon sequestration pilot at its Crawford Nickel Project near Timmins, Ontario, with the University of Texas at Austin, funded by the US Department of Energy's ARPA-E programme, it announced on Monday. The pilot will inject CO2-enriched water into a 400m deep well in ultramafic rock, where magnesium-rich brucite captures CO2 by transforming into minerals like magnesite within hours, solidifying within six months. The initiative is independent of Canada Nickel's existing IPT Carbonation programme.

  • Mon 20:29
    Road decarbonisation – US-based road materials firm Verde Resources has received a $2 mln strategic investment from Ergon Asphalt & Emulsions to scale its carbon-sequestering BioAsphalt technology. The funding follows a 10-year licensing agreement granting Ergon exclusive rights to commercialise the material across North America. BioAsphalt enables the use of 100% recycled asphalt in cold-mix applications that eliminate heat and solvents, lowering costs and emissions. The partners said the deal strengthens Verde’s commercial rollout and supports efforts to decarbonise road construction.
  • Mon 20:10
    Upcoming gubernatorial elections in Virginia and New Jersey on Tuesday could determine whether the two states rejoin or exit RGGI, potentially shaping market dynamics in the 10-state regional power sector cap-and-trade programme.
  • Mon 19:58
    Shutdown shenanigans – A new analysis has found that coal-fired power plants emitted significantly more particulate pollution during the 2018-19 US government shutdown, when nearly all US EPA pollution inspectors were furloughed. Researchers reviewed six years of emissions, air quality, and weather data from over 200 coal plants and discovered that particulate levels within 3 km of those facilities rose by 15-20% during the month-long lapse in oversight. The increase was not linked to weather, electricity demand, or coal type, suggesting operators took advantage of the pause in inspections. Once the government reopened and enforcement resumed, emissions returned to normal levels. The study concluded that air pollution regulations are only as effective as their enforcement, warning that ongoing staff reductions at the US EPA could weaken environmental protection further.
  • Mon 19:57
    Fusion fairness – Sens. John Curtis (R-UT) and Maria Cantwell (D-WA) introduced bipartisan legislation Monday to extend the Inflation Reduction Act’s (IRA) advanced manufacturing tax credit to fusion energy components, E&E News reported. The proposed Fusion Advanced Manufacturing Parity Act would amend Section 45X of the IRA to give fusion the same tax treatment as technologies such as solar and batteries. Curtis said the bill would help the US win the fusion race by supporting domestic manufacturing and job creation.
  • Mon 17:28
    EUA prices surged to their highest in ten months, amid aggressive buying and short-covering as weather forecasts sparked a jump in prompt German power and TTF gas, amid reports that Germany is set to offer more relief on electricity prices to industry that added to the bullish sentiment, while UKA prices rose to a two-year high.
  • Mon 17:04
    A Boston-headquartered startup targeting food waste has launched an early sale of up to 500,000 “pre-issuance” carbon credits, with proceeds aimed at supporting food rescue operations as the US government shutdown continues to disrupt social programmes.
  • Mon 17:03
    Prices rallied last week as optimism surged ahead of COP30 and the market started the typical uptick in demand for credits in the fourth quarter to cover annual emissions.
  • Mon 16:11
    A Japan-based agritech company has launched a digital monitoring, reporting, and verification (dMRB) platform to support traceable farmland emissions and removal accounting in line with emerging land-sector disclosure frameworks.
  • Mon 16:09
    ICAO has published the CORSIA sectoral growth factor for 2024, which should translate to robust demand for carbon credits eligible for the offsetting scheme, after last year's aviation emissions across participating states was calculated at 60 million tonnes above the agreed baseline.
  • Mon 16:06
    A new report from the Science Based Targets initiative (SBTi) has found that setting science-based climate targets delivers measurable business benefits, boosting competitiveness, investor confidence, and long-term growth across sectors.
  • Mon 15:56
    Lure of the Med - Europeans choosing to holiday more locally rather than travel to the US helped Ryanair boost profits by 40% between April and September. Its fares rose 13% over the summer months on the back of healthy demand, with more families holidaying in Europe, particularly the Mediterranean. The trend should continue due to a weakening UK economy and cost-conscious families, said group chief Michael O'Leary. He called on Stansted to build a second runway to bolster capacity, but doesn't expect a third runway at Heathrow to materialise this generation or next. Revenues at the budget airline increased 13% to €9.82 bln in the first half of its financial year, compared with the same period last year. Pre-tax profits came in at €2.89 bln, compared with €2.06 bln. Ryanair increased its passenger forecast for the year to 207 mln, up slightly from its previous 206 mln, and expects to grow to the 300 mln level within eight years. (FT)    
  • Mon 15:40
    Double the size - Saudi Arabia's carbon market is projected to double in size next year, Semafor reported. The country's Voluntary Carbon Market Co. expects 20 mln carbon credits to be traded in 2026 - double the total contracts that have exchanged hands since 2022. The emissions trading platform is a joint venture between Public Investment Fund and the local exchange and is part of the kingdom’s efforts to reach net zero by 2060. Around 70% of Saudi companies now trade on the exchange together with others from countries including Brazil, China, France, Japan, and the US.
  • Mon 15:35
    Global warming is accelerating as land and ocean carbon sinks reach critical limits, threatening to narrow the remaining carbon budget, according to a new scientific assessment released ahead of COP30 in Belem.
  • Mon 15:25
    CO2-reactive geological formations such as basalts and peridotites could offer new long-term carbon capture and storage (CCS) opportunities in regions with limited sedimentary basins, according to an analysis published last week.
  • Mon 14:35
    Protecting industry - Germany is about to set an 'industrial electricity price' from the start of next year, with the government in final stages of negotiations with the European Commission, economy minister Katherina Reiche said at a press conference. A discounted industrial electricity price is a key part of chancellor Friedrich Merz’s plan to slow the decline of German industry and return the country to economic growth, but it has met delays, with the EU needing to agree the scheme under state aid regulation. Energy-intensive companies already benefit from exemptions from certain taxes and levies but the wholesale electricity price is still much higher than before the energy crisis fuelled by Russia's war against Ukraine.
  • Mon 14:33
    The Norwegian government has proposed cutting more than half a billion kroner from international climate and environmental initiatives in its draft 2026 state budget.
  • Mon 14:27
    Small Island Developing States (SIDS) remain in the early stages of implementing carbon pricing policies, despite its growing role as a tool to steer investment in climate action, according to a recent UN-backed report.
  • Mon 14:27
    Pesticide-heavy farming has damaged biodiversity inside of the EU’s network of protected sites, with traditional agriculture having the potential to benefit these ecosystems, a group of researchers has said.
  • Mon 14:16
    City finance needs - Urban climate flows remain far below the $4.5 trillion a year they need to cut emissions and adapt to climate change, according to a report by non-profit CDP. Mayors and urban leaders are therefore calling on national governments and development finance institutions to increase public investment for city finance to at least $800 bln a year by 2030. This funding would cover around 20% of what cities need, which means private sector investment will have to be crowded in, too, the report said.    
  • Mon 14:12
    Brazil guidelines - A set of guidelines for high-integrity carbon projects in the Brazilian Amazon will be launched during the second week of COP30, it was announced on a webinar hosted by the Voluntary Carbon Markets Integrity Initiative (VCMI) on Monday. The guidelines have been developed by consultancy Climate Focus and think tank LaClima, alongside the Amazon Investor Coalition (AIC) plus VCMI and the state governments of Acre and Rondonia, and will provide an overview of how to build and evaluate high-quality carbon projects in the region. A key focus will be on environmental and social safeguards, and providing concrete benefits for Indigenous Peoples who protect the forests.
  • Mon 14:11

    Remix the Gas Metrics - Agricultural organisations from 14 countries have called on UNFCCC parties to adopt a split gas approach for reporting long-lived and short-lived GHG emissions. They argue that the current GWP100 metric overstates constant methane emissions' warming effect by three to four times, while understating new sources by four to five times, over 20 years. The coalition wants separate targets for biogenic methane versus CO2 and N2O in NDCs and inventories. Uruguay has already set a split gas NDC, demonstrating best practice the groups say others should follow.

  • Mon 14:11
    The Ministry of Environment and Sustainable Development of the Republic of Djibouti has announced the creation of a national framework to implement Article 6, which will enable it to start international carbon trading under the Paris Agreement.
  • Mon 14:00
    A company that works with project developers to market their credits has announced it has secured $160 million in early commitments from corporates to purchase units generated by Indigenous-led forest conservation in the Amazon.
  • Mon 13:55
    Bank's green push - South Korea’s Nonghyup Bank has purchased 8,245 carbon credits from 22 farms to support low-carbon agricultural practices and reduce greenhouse gas emissions, local media reported last week. The credits, certified through a partnership with the Ministry of Agriculture and the Korea Agricultural Technology Promotion Agency, will help offset emissions in line with upcoming 2025 guidelines. The initiative is part of the bank’s broader ESG efforts, which also include renewable energy projects and zero-emission vehicles.
  • Mon 13:55
    Verra seeks experts - Verra has opened a Request for Applications for independent modeling experts to review Digital Soil Mapping Model Validation Reports (DSM-MVRs) under the VCS. Applicants with experience in DSM or hybrid DSM and biogeochemical models (BGCMs) will assess consistency with VT0014 guidance and ensure compliance with relevant VCS methodologies. Applications are being reviewed on a rolling basis.
  • Mon 13:54
    It's official - China on Monday officially submitted its third NDC, pledging to cut economy-wide net GHG emissions by 7-10% from peak levels. The NDC was first announced in September by Chinese President Xi Jinping. The pledge, while introducing absolute emissions reduction targets for the first time, reflects Beijing's cautious approach to climate action, as the government did not specify a specific base year. The world's largest emitting nation should be capable of peaking its coal power and power sector emissions this year, but tighter controls are needed, Greenpeace has estimated.
  • Mon 13:52
    EU member states have added a clause to revise the 2040 climate target if forests and other natural sinks absorb less CO2, according to the latest compromise text prepared ahead of decisive talks on Tuesday.
  • Mon 13:46
    A firm-led carbon finance model delivers greater emissions reductions and better economic outcomes for small and medium-sized suppliers (SMSs) compared to a bank-led approach, according to a report published last week.
  • Mon 13:38
    Cabo Verde is preparing to put the Article 6 carbon trading framework in motion next year, with a focus on using international deals to advance clean energy, according to the country's latest Paris Agreement commitment.
  • Mon 13:37
    A clean cooking carbon project developer has announced plans to expand its programme to additional African countries, it said Monday.
  • Mon 13:34
    The EU ETS-funded Innovation Fund has invested a total of €2.9 billion into 61 net zero technology projects with the potential of collectively reducing CO2 emissions by over 200 million tonnes in their first decade, the European Commission announced on Monday.
  • Mon 13:11
    Scaling up carbon removals (CDR) requires politicians to establish market integrity, create reliable demand and national strategies, and support local stakeholders, according to the Tony Blair Institute (TBI) for Global Change.
  • Mon 13:00
    A US technology company that equips building designers to procure low-carbon materials announced $2 million in early-stage funding, in an exclusive to Carbon Pulse.
  • Mon 12:56

    Japan-gladesh forum - The Paris Agreement Article 6 Implementation Partnership (A6IP) Center, in collaboration the Institute for Global Environmental Strategies (IGES), will host a forum on Dec. 7, 2025 in Dhaka. The hybrid event will focus on promoting Article 6 implementation through JCM projects, and will feature business pitches, technologies, and matchmaking sessions between Japanese and Bangladeshi stakeholders.

  • Mon 12:55
    Green light - The IPCC has approved the scientific content for the 2027 Methodology Report on Carbon Dioxide Removal Technologies and Carbon Capture Utilization and Storage during its 63rd Plenary session in Lima, Peru last week. This decision sets the stage for expert nominations and the next steps in report production. The panel also confirmed the 2026 workplan for the three Working Group contributions to the Seventh Assessment Report (AR7), which will cover physical science, impacts, and mitigation.
  • Mon 12:54
    COP30 confirms 170 countries - Brazil’s presidency confirmed that over 170 countries are now accredited for COP30, local media reported last week. However, the US and Argentina have yet to confirm their participation. The Trump administration has confirmed that it will not send any high-level representatives, marking an unprecedented absence for the global superpower. While previous administrations, including George W. Bush’s and Trump’s own first term, dispatched delegations despite limited engagement on climate issues, this year’s summit will see no comparable American presence. Trump has repeatedly dismissed the climate crisis as a “hoax” and a “con job” and has pledged to withdraw the US from the Paris Agreement. The Leaders' Summit, scheduled for Nov. 6-7, will see 143 delegations, including 57 heads of state and 39 ministers. Brazilian President Lula will chair the opening plenary session. 
  • Mon 12:49
    Political sensibilities at COP30 could colour discussion and implementation of last year’s Article 6 rulebook, as “fairly dry” bureaucratic matters play out muted versions of old debates, according to observers and officials.
  • Mon 12:39
    Emerging markets are taking the lead on climate policy as wealthier nations scale back, according to new analysis, as carbon pricing and emissions disclosure regulations keep progress across G20 countries stable.
  • Mon 12:24
    Italy is reigniting a push for oil and gas exploration, awarding over 30 drilling licences after lifting a years-long ban.
  • Mon 11:11
    A Middle Eastern voluntary carbon markets company has teamed up with a financier of carbon removals (CDR) to deploy projects together, mostly in the Global South, the two announced on Sunday.
  • Mon 11:04
    Sweden has granted SEK 314 million (€29 mln) to a project that aims to cut around 170,000 tonnes of CO2 per year by replacing fossil-fired heat treatment with electrified solutions in steel production.
  • Mon 10:52
    The European Commission has finalised detailed rules outlining how EU countries can claim special flexibility under the bloc’s 2030 climate target due to their soils’ and forests’ reduced capacity to absorb CO2.
  • Mon 10:44
    A blockchain-based marketplace will list the first 200,000 tonnes from a large microalgae ocean carbon removal project on its exchange.
  • Mon 10:30
    Xpansiv has acquired a global clean energy registry provider in a move that consolidates two major companies in the renewable energy certification sector.
  • Mon 10:24
    Foray into Qatar - Samsung C&T, the construction unit of South Korea's Samsung Group, has won a 1.9 trillion-won ($1.13 bln) order for a carbon capture and storage project in Qatar, Yonhap reported, citing a company statement. QatarEnergy has awarded the Korean company to run the project, which will capture around 4.1 MtCO2e annually in the formers' existing LNG production complex in Ras Laffan. Samsung has also been awarded the contract for Qatar’s largest solar power project, which will generate enough electricity to power around 750,000 households.  
  • Mon 08:11
    China's planned adoption of absolute caps for its emissions trading scheme (ETS) should be accompanied by a fixed annual reduction rate similar to the EU's, in order to enhance market certainty and strengthen carbon price signals, a think tank has said.
  • Mon 07:49
    Looking for opportunities - South Korea's Hyundai Motor Group has signed an MoU with Singapore’s Economic Development Board (EDB) to identify partnership opportunities in building up capabilities in low-carbon technologies such as hydrogen, they announced Monday. The MoU builds on the existing partnership between Hyundai and EDB through the Hyundai Motor Group Innovation Center Singapore (HMGICS), which is the Korean carmaker’s first global open innovation hub and testbed, EDB said in a statement.
  • Mon 05:57
    The Cambodian government has launched a national carbon registry to manage and record credits generated from the country’s carbon projects.
  • Mon 05:00
    The draft Transition Finance Guidelines were published Monday by the UK's Transition Finance Council following feedback from the first consultation, including guidance on offsetting, with the Council inviting additional input from international markets prior to final publication next year.
  • Mon 04:18
    Chilling stuff - European negotiators say they were subjected to direct personal threats by US officials during fractious talks over a proposed global levy on maritime emissions, according to accounts shared with Politico. The confrontation occurred at last month’s International Maritime Organization (IMO) meeting in London, where the US successfully pushed to delay a plan to introduce a carbon tax on shipping emissions by one year — a move widely viewed as a major victory for Washington and a setback for climate advocates. European Commission officials said American delegates and embassy staff used “unprecedented” pressure tactics, including summoning negotiators to the US Embassy and threatening business retaliation, visa revocations, and personal consequences for delegates and their families. “Our negotiators had never seen this before in any international talks,” one EU official said. Several European diplomats reportedly returned home shaken after the exchanges. The threats formed part of a wider campaign by the Trump administration to block the measure, which President Donald Trump argued would unfairly penalise US shipping interests. Ahead of the talks, the US issued a joint statement from the Secretaries of State, Transportation, and Energy warning of tariffs, port fees, visa restrictions, and potential sanctions against officials supporting “activist-driven" climate policies. While most EU countries backed the emissions levy, Greece and Cyprus broke ranks, with Greek PM Kyriakos Mitsotakis insisting his government’s decision to support a postponement was made independently of US pressure. Observers described the US campaign as unusually aggressive, with Energy Secretary Chris Wright and Agriculture Secretary Brooke Rollins reportedly calling more than 20 governments to press them to oppose the measure. Caribbean and small island nations were also said to have faced tariff threats. Vanuatu’s Climate Minister Ralph Regenvanu told Politico that island states faced “relentless pressure", while academic observer Christiaan De Beukelaer said the intimidation “created an atmosphere of fear” that disrupted the negotiation process. The US State Department declined to discuss the reported threats, but Secretary of State Marco Rubio later defended the outcome in a Wall Street Journal op-ed, saying the US-led coalition had successfully blocked “unaccountable bureaucratic schemes” at the IMO.
  • Mon 03:58
    Nigeria has approved a new national carbon market framework and the operationalisation of its climate change fund, in a move President Bola Tinubu said would help unlock up to $3 billion annually in carbon finance as the country prepares to outline its climate strategy at this month’s UN climate summit in Brazil.
  • Mon 03:48

    Sun-mination - Solar has been the largest source of new US electrical generating capacity for 23 consecutive months from Sep. 2023 through July 2025, according to Federal Energy Regulatory Commission data reviewed by the SUN DAY Campaign, North American Clean Energy reported. Solar provided 19,093 MW or 73.4% of all new US capacity added in the first seven months of 2025. Combined with wind, renewables accounted for 88% of new generating capacity. Texas leads additions, having surpassed California as the top solar state.

  • Mon 03:47

    Asset Managers Flee Climate - State Street pulled its US asset management operations from the Net Zero Asset Managers initiative, following BlackRock, Vanguard and JPMorgan, as Republican-led states threaten litigation over alleged collusion to defund fossil fuels, FT reported. Only State Street's UK and European units remain in NZAM, which on Wednesday removed references to 2050 climate goals from its manifesto. Zero environmental shareholder proposals passed during the 2025 US voting season for the first time in six years.

  • Mon 03:27

    This is a call - The UK PACT (Partnering for Accelerated Climate Transitions) programme has opened a new funding call in Brazil to support climate policy and governance initiatives that strengthen the implementation of the country’s climate plan and just transition agenda. The Brazil-UK PACT Climate Policy and Governance Call for Proposals seeks one project that will enhance coordination between federal and subnational governments — including states, metropolitan regions, municipalities, and the Federal District — to align Brazil’s Nationally Determined Contribution (NDC) priorities with local climate strategies. Applications close on Dec. 15, 2025. Eligible applicants include local and international NGOs, think tanks, academic institutions, consultancies, professional associations, UN agencies, and private sector entities. The selected initiative will work with the Ministry of Environment and Climate Change’s Department of Governance and Coordination to:

    • Strengthen federative climate governance and the coherence of Brazil’s climate plan implementation.
    • Support the translation of national targets into actionable subnational plans.
    • Build public-sector and stakeholder capacity to lead climate action.
    • Enhance collaboration and dialogue between levels of government.
    • Develop indicators, tools, and mechanisms for monitoring and evaluating the climate plan.
    • Map and assess existing subnational climate policies, integrating gender equality, disability, and social inclusion (GEDSI) principles.
    • Propose methods for harmonising planning, implementation, and reporting frameworks across jurisdictions.

    Applicants are expected to prioritise a set of subnational governments based on mitigation potential, adaptation synergies (especially within the AdaptaCidades programme), and the long-term sustainability of the intervention. The call, developed in consultation with Brazil’s Ministry of Environment, reflects the UK government’s ongoing support for technical assistance and capacity-building to strengthen Brazil’s multi-level climate governance architecture.

  • Mon 03:09
    Charging up - Electricity infrastructure company Amber Electric is being funded by the Australian Renewable Energy Agency (ARENA) to install 50 vehicle-to-grid (V2G) capable chargers in a residential setting, it announced. The project will allow electric vehicles to discharge electricity from their batteries back into the grid, providing Australians with flexibility, savings, and increased control over their energy use, ARENA said. V2G technology could help EVs become a viable solution for grid stability and renewable energy storage, Amber Electric CEO Chris Thompson said in a statement. The funding figure associated with the project was not disclosed.
  • Mon 02:40
    CEOs of Saudi state-backed companies said last week that a “balanced” energy transition adds new energies without necessarily replacing old ones, reviving questions about Paris Agreement parties’ domestic commitment to fossil fuel phase-down in the lead-up to COP30 this month.
  • Mon 02:08
    The Australian government officially launched its Guarantee of Origin (GO) scheme on Monday, allowing companies to certify emissions and renewable electricity within their supply chains.
  • Mon 00:34
    The junior party of Australia’s Coalition political opposition, the Nationals, has formally scrapped its commitment to net zero emissions by 2050, it announced.
  • Mon 00:31
    An Australian carbon capture and storage (CCS) project has received the single largest issuance of carbon credits in the market’s history, marking the first time the method had been awarded.
  • Mon 00:00
    Captive projects remained a loophole in China's overseas coal ban despite a shrinking pipeline, with plants under construction in countries including Indonesia and Zimbabwe, a recent report has found.

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