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On 17 February 2025, UNIDROIT President Maria Chiara Malaguti participated in the launch of the Group of Friends on Desertification, Land Degradation, and Drought (GoF-DLDD). The event was organized by the Chairperson of the Africa Regional Group, Fatimata Cheiffou, to honour the COP16 Presidency by Mohammed Alghamdi, Ambassador of Saudi Arabia to FAO. At the event, UNIDROIT presented its project on the Legal Nature of Verified Carbon Credits, contributing to climate action and enhancing confidence in VCC transactions.
UNIDROIT
February 21, 2025
Spain-based Sidenor participated in the SCALE-UP project, an initiative funded by the Basque Government's HAZITEK program. This project aims to develop innovative methodologies to validate the reliability of large scale wind turbine components without the need for extensive testing facilities. Focused on optimizing induction hardening processes for offshore wind turbine fasteners, Sidenor integrates experimental trials and simulation models to enhance mechanical properties and durability. This effort also aligns with their commitment to reduce carbon emissions in steel production using renewable energies.
Sidenor
February 20, 2025
The EU's expert group on climate change policy (CCEG) is currently accepting applications from organizations to enhance the aviation formation. The CCEG aims to strengthen discussions and effectively implement the EU ETS Directive for aviation. The selected members will contribute to achieving the EU's target of reducing net greenhouse gas emissions by at least 55% by 2030. Additionally, a new support mechanism to accelerate the use of sustainable aviation fuels (SAF) has been introduced, allocating 20 million allowances worth an estimated €1.6 billion. The first meetings will begin in 2025.
EU Climate Action
February 20, 2025
Global law firm Norton Rose Fulbright has published a comprehensive guide on Article 6 of the Paris Agreement, focusing on opportunities for the private sector in carbon markets. The guide highlights the operationalisation of Article 6 carbon trading mechanisms at COP29, emphasizing the role of private sector entities in developing and operating carbon projects. Norway, Singapore, and Switzerland are preparing to engage in cooperative approaches, with Norway investing over USD 740 million in ITMOs from Zambia, Benin, Senegal, and Jordan. The guide also details the processes for undertaking carbon projects under Article 6.2 and 6.4, including the need for Host Country authorisation and the development of PACM methodologies.
nortonrosefulbright.com
February 19, 2025
China-based researchers analyzed seventy drinking water samples collected from tap water, water boiling machines, and water vending machines in Shanghai for seven target organotin compounds (OTCs). They found that the summed concentrations of target OTCs (ΣOTCs) reached up to 129 ng Sn/L, with significant levels varying among drinking water types and source zones. The research identified materials used in pipes and emissions from maritime, agricultural, and industrial activities as the main pollution sources, supporting the need for informed policy and urban planning to maintain drinking water quality in rapidly urbanizing regions.
RSC - Environmental Science: Water Research & Technology
February 19, 2025
Norway's parliament (Stortinget) has recently decided to allow development projects in protected waterways, which previously were safeguarded from water power development. This decision has sparked intense debate about the potential loss of valuable natural heritage. Researchers from NTNU and SINTEF are now working to gather new data on the state of these protected waterways and the implications of any developments.
SINTEF
February 17, 2025
The Stichting Nationale Koolstofmarkt (SNK) in the Netherlands has made validated carbon credits available for purchase to support CO₂ removal initiatives. These credits allow companies and organizations to contribute to measurable CO₂ removal efforts and accelerate sustainable innovation. The methodology and processes for these credits are recognized, although actual CO₂ removal will require independent verification before they can be used for compensation.
Carbon Neutral Initiative
February 17, 2025
A study conducted by researchers from the Mediterranean Institute of Advanced Studies (IMEDEA) in Spain examined the dynamics of harmful algal blooms in nearshore environments. The research combined field observations and a one-dimensional advection-diffusion model, focusing on the effects of wind and buoyancy-driven flows on phytoplankton communities. The findings revealed critical interactions between environmental drivers and phytoplankton behavior, offering insights into coastal water quality management.
EarthArXiv
February 17, 2025
The S&P 500 demonstrated a significant decarbonization, showing a 73.9% decrease in its weighted average carbon intensity over 20 years. This change highlights the growing adoption of renewable energy sources while reducing fossil fuel consumption. Renewable energy's role in S&P 500's energy mix has more than doubled over the past decade, indicating a shift towards cleaner energy and innovative market responses to economic conditions.
S&P Dow Jones Indices
February 14, 2025
Osmosis Investment Management has published a comprehensive report on the role of carbon pricing in combating climate change. The report highlights the use of carbon taxes and Emissions Trading Systems (ETS) as cost-effective strategies to reduce emissions and promote green innovation. In 2023, carbon pricing revenues reached a record $104 billion, with significant contributions from the EU's ETS. The report also discusses the implementation of carbon pricing mechanisms in emerging markets like India, Turkey, and Brazil, which could cover 3% of global emissions.
harborcapital.com
February 14, 2025
The European Union has proposed a global maritime carbon levy aimed at reducing shipping emissions, which account for nearly 3% of global greenhouse gas emissions. The levy is set at €100 per tonne of greenhouse gas emissions, 30% higher than current EU carbon market prices. The EU plans to allocate revenue from this levy to support the uptake of clean fuels, but there is concern about inadequate support for least developed countries (LDCs) and small island developing states (SIDS).
Carbon Market Watch
February 13, 2025
Geneva-based IATA and 123Carbon announced a strategic collaboration to develop interoperability between their Sustainable Aviation Fuel (SAF) registries. The initiative aims to enhance transparency in emissions reporting, prevent double issuance, and streamline certificate management across SAF registries. The IATA SAF Registry, set to launch in April 2025, will standardize the market for SAF certificates, backed by over 50 organizations in the aviation sector.
International Air Transport Association (IATA)
February 13, 2025
Green Carbon Inc. has launched a carbon credit generation project in Batangas, Philippines, aimed at reducing 400,000 tons of greenhouse gas emissions over the next ten years. The project is the first registered rice paddy initiative under the Joint Crediting Mechanism (JCM) between Japan and the Philippines, utilizing Alternate Wetting and Drying (AWD) irrigation methods. Green Carbon plans to expand the project to cover up to 10,000 hectares, contributing to the reduction of significant methane emissions produced by rice paddies.
Green Carbon株式会社
February 13, 2025
US-based Twelve secured $83 million in additional strategic investments for its AirPlant™ One facility, bringing total funding to over $645 million. The investments come from partners such as Amazon, Mitsui & Co., and others, aiming to transform CO2 into sustainable materials and fuels, addressing critical environmental challenges. Twelve's technology seeks to replace fossil fuels in manufacturing and contribute toward a zero-emissions future.
Twelve
February 12, 2025
The U.S. government has committed to achieving net-zero emissions from commercial aviation by 2050. Current projections indicate that U.S. commercial aviation could produce nearly 500 million tons of CO2 per year by mid-century without intervention. Strategies include utilizing new airplane designs, improving air traffic management efficiency, and transitioning to 100% sustainable aviation fuels.
Environmental and Energy Study Institute
February 12, 2025
Large corporations and institutional investors have emerged as catalysts for climate action, making over 1,200 Net Zero commitments between 2016 and 2023. Their commitments can reduce the costs of clean technology adoption for all firms and enhance the credibility of government climate policies. Private firm commitments not only fill policy gaps but also improve governmental commitment credibility regarding enforcement of future carbon taxes.
Centre for Economic Policy Research (CEPR)
February 12, 2025
The European Union (EU) has been promoting a proposal for a global carbon levy on international shipping, aiming to foster justice and equity for vulnerable countries. The EU's proposal, which includes a levy of €100 per tonne of greenhouse gas emissions, aims to fund the adoption of clean fuels like e-methanol and e-ammonia. However, the proposal has been criticized for lacking sufficient support for least developed countries (LDCs) and small island developing states (SIDS). As such, negotiations at the International Maritime Organisation (IMO) must prioritize fairness and support for those most affected by climate change.
UN Climate Summit
February 11, 2025
Mexico’s state-owned oil company Pemex established a Sustainability Committee in 2023 and released its first Sustainability Plan in March 2024. The plan includes net-zero emissions targets by 2050 and a commitment to reduce methane emissions by 30% by 2030. The company aims to align its sustainability goals with international standards and enhance its climate disclosures, with a focus on managing climate risks in line with investor expectations.
Climate Action 100+
February 10, 2025
Nepal hosted the "Unlocking Green Monetisation of Nepal Hydropower" event, featuring key players like the International Hydro Association and ProClime. The workshop brought together experts and government officials to strategize on utilizing the country's hydropower resources for climate action. Ashok Kumar from the GCC emphasized the monetization potential for hydropower producers through carbon trading mechanisms, showcasing Nepal's commitment to sustainable energy practices.
Global Carbon Council (GCC)
February 09, 2025
US-based 6K has developed new microwave plasma technology called UniMelt that eliminates toxic waste while recycling all byproducts. The company is scaling up production of battery materials and critical minerals processing, with a new 100,000-square-foot facility set to begin construction in Jackson, Tennessee, expected to produce 13,000 tons of material annually. This technology addresses U.S. national security concerns by reducing reliance on foreign suppliers.
MIT
February 07, 2025