Sustainability and carbon market news
Stay up to date with the latest sustainability news, carbon market insights, and environmental regulation updates shaping the future of business.
From companies' net zero journeys and ESG reporting to evolving frameworks like CSRD and SBTi, explore the trends and regulatory changes driving corporate sustainability worldwide.
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According to the Electricity Market Report 2023 of the International Energy Agency, nuclear power coupled with clean energy sources, like wind and solar, will supply 90% of the additional electricity demand between now and 2025. With the increase of clean energy sources in output, renewable energy sources will surpass coal in the next three years to become the primary source of electricity worldwide, producing 35% of it. ‘The world’s growing demand for electricity is set to accelerate, adding more than double Japan’s current electricity...
The global carbon market has grown significantly in recent years, with the value of traded carbon permits hitting a record high of $909 billion in 2021. Despite a 20% decrease in the volume of permits traded, the market value rose by 14% due to...
Abu Dhabi National Oil Company (ADNOC) is investing $15 billion in various low-carbon projects to reduce emissions and meet decarbonisation goals. The UAE-based oil and gas company plans to allocate the funds across its diversified value chain by...
Carbon markets are heating up across the United States, with states increasingly seeking to curb their carbon footprint. Washington state is no exception. With new developments in carbon policy, carbon sequestration, and carbon offsetting,...
