Global Climate News

World Bank pioneered green bonds in 2008, followed by Poland and France in 2017. Sovereign sustainable bonds have grown significantly, with Chile and Uruguay leading sustainability-linked bonds adoption.

AleaSoft Energy Forecasting reported electricity price drops across major European markets in November's third week, driven by increased wind energy production. German market saw lowest prices due to combined wind and solar production.

Saipem and PT Meindo Elang Indah have been awarded a $1.2B EPCI contract by BP for Tangguh UCC Project in Indonesia, involving gas production and carbon capture infrastructure.

Kapture has completed successful CO2 sequestration trials with PERMAcast, demonstrating carbon capture in concrete production. Technology set for industry use in 2025.

UK-based carbon removal company UNDO, led by CEO Jim Mann, has implemented enhanced rock weathering technology to remove CO2 while supporting agricultural practices.

Environmental groups have filed a lawsuit against Kern County challenging the approval of Carbon TerraVault I carbon capture project, citing inadequate environmental review and safety concerns.

The Joint Committee under EU-Swiss Linking Agreement has established 2025 arrangements for emission allowance transfers between EU and Swiss Emissions Trading Systems, with specific non-transfer dates identified.

Patch has published a report analyzing conversations with 400+ buying decision makers to identify barriers in carbon credit purchasing and propose pathways for scaling carbon dioxide removal demand.

Proveye has secured a $950,000 contract with ESA to develop its remote sensing platform for monitoring land use, carbon sequestration and biodiversity in grasslands.