News

The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action, has made change to its criteria and will no longer accept pledges or validate targets from fossil fuel companies.

German member of European Parliament Peter Liese suggested on Wednesday that the European Union release permits held in a carbon market reserve if the price of carbon credits rises above certain threshold.

The World Shipping Council (WSC), a Washington, D.C.-based trade group that represents international liner shipping, is releasing for the first time concrete regulatory and economic pathways that it believes the UN International Maritime Organization (IMO

The Abu Dhabi Global Market (ADGM) announced on Wednesday that it had achieved carbon-neutrality status by offsetting its 2021 carbon emissions. It is reportedly the world's first carbon-neutral international financial center.

On January 19, India’s Cabinet Committee on Economic Affairs (CCEA) and the Union Cabinet decided in a meeting to approve a Rs 1,500 crore equity infusion in the Indian Renewable Energy Development Agency (IREDA) Limited.

Canada is set to introduce a tax credit for carbon capture investments, a critical step to cut greenhouse-gas emissions from the oil sands and will shortly lay out its 2030 pollution reduction goals.

The Brazilian government enacted the long-awaited Law 14.300. The regulations have established a new regulatory framework for the distributed generation segment, which encompasses all renewable energy power generators under a net metering system smaller t