RCI Releases Policy Proposals for Renewable Carbon Transition
The RCI has released a report outlining ten policy proposals to expedite the transition to renewable carbon in feedstocks and materials
IEX to Launch G-RTM for Renewable Energy
When approved, G-RTM will promote compliance with renewable purchase requirements and facilitate the trade in green power without depending entirely on certificates
Singapore, Chile Sign Carbon Credit Agreement
The carbon credit agreement creates a framework for high-integrity carbon credit transfers aligned with Article 6 of the Paris Agreement
NZBA Drops the Binding 1.5 DegreeC Net-Zero Mandate
NZBA allows banks greater flexibility in managing targets and transitioning balance sheets while maintaining net-zero by 2050 low or no overshoot 1.5°C pathways
Roche Aligns Decarbonization Strategy with SBTi-Validated Goals for Net-Zero
Roche’s decarbonization strategy aims to decrease emissions across all business divisions through strategies like supplier engagement, product lifecycle decisions, waste management, and business travel
Cyient Secures Green Hydrogen Project in Norway
The Bodø project, which aims to supply green hydrogen to the heavy transportation and maritime sectors, is a significant step towards achieving Norway’s goals for renewable energy
India Says Aye to Carbon Tax on the Shipping Industry
The proposed global carbon tax require ships to switch to lower-emission fuels or pay pollution fees starting 2028, potentially generating $40 billion by 2030
IFRS Foundation, TNFD Partner for Nature-Related Financial Disclosures
The MOU aims to enhance collaboration between ISSB and TNFD, as the latter uses TNFD nature-related financial disclosures and recommendations in its research on global capital market needs for nature-related risks and opportunities.
New York Closing in on Polluters to Report GHG Data
Starting June 2027, facilities reporting emissions will annually provide GHG emission data to the New York DEC, with large sources using DEC-accredited third-party verification services
Bayer Announces Carbon Credits from Indian Farmers
Bayer has announced its first carbon credits from thousands of Indian rice farmers who are implementing regenerative practices, such as direct-seeded rice (DSR) farming
EU ETS Emissions Drop Around 50% Below 2005 Levels
The EU ETS has successfully reduced emissions in covered sectors by around 50% since 2005, with the power sector being a key driver, and is on track to achieve the 2030 target of -62%
Aramco Expands Blue Hydrogen Portfolio
Aramco has acquired a 50% equity stake in Blue Hydrogen Industrial Gases Company, to accelerate industrial carbon reduction and support the growth of the hydrogen economy
