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The European Union’s Emission Trading System (ETS) has reached a significant milestone with the release of its latest data, showcasing the most substantial annual reductions in emissions since its inception in 2005. As of April 2, the data reveals a remarkable 15.5% decrease in emissions in 2023 compared to the preceding year. This notable achievement...
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‘These projects have to stand on their own without revenue from carbon credits,’ one financier says Such projects appeal to more mainstream investors after controversies over the environmental worthiness of certain forestry-protection projects. Financiers of nature-based projects that seek to reduce and capture carbon emissions while also enhancing developing nations’ resilience against climate change are...
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