Archive

EU increases international carbon credit allowance for NDCs

The European Commission has agreed to allow countries to use international carbon credits to meet their 2040 emission reduction targets.

COP30: 10 years after Paris - back to square one

The discussion about climate change needs to return to economic reality to help reconnect climate action with people, writes Daniel Klier

UK ETS expansion key to financing carbon removal tech, says South Pole

Expansion of the UK's emissions trading scheme (ETS) is key to "unlocking" finance for emerging carbon removal technologies, according to South Pole.

Article 6 given red light within EU ETS

The European Commission will not allow use of Article 6 credits within its Emissions Trading Scheme (ETS) but confirmed their eligibility for helping national governments hit their targets after setting out new 2040 climate goals.

'Patient demand' expected for Article 6 credits, say South Pole

Transition credits 'lend themselves well' to Article 6, says South Pole

Transition credits are well placed to fit into the Article 6 market, South Pole tells Environmental Finance, as it begins pilot testing a transition credit methodology.

Early coal phase-out methodology launched

A methodology for using transition credits to phase out coal power plants has been launched by the Rockefeller Foundation-led Coal to Clean Credit Initiative (CCCI) and consultancy South Pole.

Financial institutions 'not planning to reduce fossil fuel investments'

Financial institutions have "financial cakeism", with many hoping to reach net zero without being willing to reduce fossil fuel investments, according to a report.

People Moves, 21 March: EQT, Transition Finance Council, Danske Bank, EIFO ... and more

People Moves, 21 February: Bezos Earth Fund; Ninety One; South Pole; CIP ... and more