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Euro Parliament Environment Committee votes to include shipping CO2 in EU ETS; shipping industry to contribute to climate neutrality

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The Environment Committee of the European Parliament voted to include CO 2 emissions from the maritime sector in the EU Emissions Trading System (ETS). MEPs agree that it is important to align the EU and International Maritime Organization (IMO) reporting obligations, as proposed by the Commission.

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Study confirms €1T green hydrogen potential for Africa

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Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. The report was formally handed over to partners on 20 December.

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Government of Canada releases framework for ending fossil fuel subsidies

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The Assessment Framework builds on Canada’s commitment under the 2021 Glasgow statement to end new direct public support for the international unabated fossil fuel energy sector. Canada is also committed to phasing out public financing of the fossil fuel sector. Support clean energy, clean technology, or renewable energy.

Canada 150
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Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

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The report uses the global standard developed by the International Union for the Conservation of Nature (IUCN) for nature-based solutions. —“State of Finance for Nature”. The report calls for coupling investments in restoration action with financing conservation measures. A total investment of $8.1

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The Metals Company contracts CSIRO-led consortium to develop environmental monitoring and management plan for deep-sea nodule collection

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The work will form the scientific foundation of TMC’s future Adaptive Management System (AMS), a predictive system that will use environmental and operational data to enable the company to mitigate operational impacts in the deep-sea environment as much as possible. Deep sea mining remains controversial. Earlier post.). Earlier post.).

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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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A key change will need to take place in how the costs of transport are internalized, as the wider costs to society arising from road accidents, poor health, social impacts and environmental degradation, often described as the ‘external' costs, are currently excluded from the price that transport users confront.

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Graphex and Northern Graphite partner on large-scale graphite processing facility site evaluations in Québec

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Construction of the proposed battery anode material plant would be subject to identification and acquisition of an appropriate ‎site, receipt of regulatory approvals and financing.‎.