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June 20, 2023
Shell-led Dutch offshore wind farm delivers first electricity
The large Hollandse Kust Noord offshore wind farm has produced the first electricity, said the companies running the project on Monday.
June 13, 2023New alliance to grow UAE carbon market
A new coalition called UAE Carbon Alliance making up of UAE companies has been established to develop and grow a carbon market in the United Arab Emirates.
June 07, 2023UN controversial document sparks global debate on carbon offsets
A draft document to define a new global carbon market released last month by the United Nations elevated nature-based solutions like planting trees while downplaying the role of carbon dioxide removal (CDR) via machines or other forms of technology.
June 06, 2023Carbon markets predicted to face short-term price dips
Despite forecasting near-term declines in carbon prices amid political and macroeconomic uncertainty, market participants are optimistic that reforms will push compliance market prices higher in the coming years and the voluntary carbon market will grow t
June 02, 2023Zimbabwe introduces stricter carbon credit regulations to combat greenwashing
Zimbabwe’s environment ministry plans to closely regulate voluntary carbon offset trading to curb greenwashing and ensure benefits go toward local communities.
June 02, 2023Greenlandic rock flour can capture significant CO2, study finds
Rock flour produced by the grinding under Greenland’s glaciers can capture climate-heating CO2 when spread on farm fields, research has shown for the first time.
May 24, 2023Vietnam to launch carbon trade exchange in 2028
Vietnam plans to officially run a carbon trade exchange in 2028, according to a draft carbon market project in Vietnam conducted by the Ministry of Natural Resources and Environment.
May 22, 2023Octopus Energy to invest £1.5bn in Asia-Pacific renewables
British firm Octopus Energy Group has announced plans to invest 1.5 billion pounds ($1.21 billion) in the Asia-Pacific energy market by 2027 to accelerate the region's transition to clean energy.
May 17, 2023EU develops method to calculate solar carbon footprint
The European Commission has developed a methodology to measure the carbon footprint of solar modules to be used in regulatory contexts such as the EU’s Ecodesign Directive.
May 17, 2023Singapore expands green finance plan to decarbonize economy
The Monetary Authority of Singapore (MAS) has announced that to decarbonize the economy, Singapore will expand its focus, which is now solely on green finance, to the one that also includes transition finance by mapping out clear definitions, encouraging