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Germany and the EU need a short-term strategy for enabling the necessary ramp-up of carbon dioxide removals (CDR), said the think tank German Institute for International and Security Affairs (SWP) in a report.

Germany’s likely next coalition government has agreed to a substantial electricity price cut to relieve households and companies and honour national and European climate targets.

Nearly a tenth of global climate finance could be under threat as US president Donald Trump’s aid cuts risk wiping out huge swathes of spending overseas.

Carbon Forward Asia, held from March 4 to 5 in Singapore, featured a panel on the second day titled “Removals: Putting the Net into Net-Zero,” which explored the opportunities and challenges for advancing carbon removal in Asia.

The harvesting and burning of forest biomass to produce energy continues to surge. This growth comes despite scientists’ warnings of the industry’s harm to the climate and its contribution to deforestation — increasingly in the tropics.

Malaysia’s Sarawak has recently called for the establishment of a unified carbon market across ASEAN to boost carbon credit prices and address climate challenges.

Singapore’s Minister for Manpower and Second Minister for Trade and Industry announced that Singapore has signed carbon credit transfer agreements with three countries to fulfill its Nationally Determined Contributions (NDCs) under the Paris Agreement.

A recent study in Ecological Solutions and Evidence shows just how complicated and challenging it is to achieve carbon sequestration goals through forest management — but not impossible.

Last week’s Intergovernmental Panel on Climate Change (IPCC) meeting in Hangzhou, China, marked the third time that governments have failed to agree on a timeline for the organisation’s seventh assessment cycle (AR7).

U.S. Treasury officials have confirmed that the United States has withdrawn from the Just Energy Transition Partnership (JETP), refusing to provide the financing needed by developing countries for climate transformation.

Chemicals company BASF has started tests in the depths of the Upper Rhine Plain to explore the potential of using geothermal energy, business daily Handelsblatt reported.

Thailand's carbon market is still in its early stages, with its Securities and Exchange Commission estimating that the voluntary carbon market (VCM) will be launched by 2027, ahead of the mandatory market.