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Susanna Twidale

FILE PHOTO: Indigenous people from the Mura tribe shows a deforested area in unmarked indigenous lands inside the Amazon rainforest near Humaita, Amazonas State, Brazil August 20, 2019. Picture taken August 20, 2019. REUTERS/Ueslei Marcelino/File Photo
BusinessClimate FinanceEmissions MarketsNewsVoluntary Carbon Markets (VCMs)

Global carbon offset standard setter okays three deforestation project types

Preserving forests is crucial to meeting international goals to limit global temperature increases.

Workers stand in the turbine hall of Uniper's Ratcliffe-on-Soar power station the day after it was taken offline, in Ratcliffe-on-Soar, Britain, October 1, 2024. REUTERS/Phil Noble
BusinessCoalEmissionsLabourNews

UK’s coal plant closure a milestone towards climate goals, Uniper CEO says

The closure of Britain's last coal plant is a major milestone on the path for the country to meet its climate targets: Uniper...

FILE PHOTO: A view of a plant grown in the non-profit group Rioterra's nursery is about to be planted on a piece of deforested land, in Porto Velho, Rondonia state, Brazil February 19, 2020. REUTERS/Alexandre Meneghini/File Photo
AnalysisBusinessClimateEmissionsIn-Depth

Analysis: Carbon offset setback risks corporate backtrack on climate goals

Stalled efforts to expand companies' use of carbon credits are raising the prospect that some will backtrack or abandon their targets.

FILE PHOTO: A boy dusts off a solar panel installed on the rooftop of his house on the outskirts of the western Indian city of Ahmedabad October 27, 2014. INDIA-SOLAR//File Photo
BusinessEmissionsEmissions MarketsNewsRegulationsVoluntary Carbon Markets (VCMs)

Around a third of carbon credits fail new benchmark test

Carbon credit standards not met by a third of existing schemes, says independent integrity council, as demand for offsets falls due to doubts.

FILE PHOTO: A general view shows solar panels installed in the "eco-neighbourhood" Clichy-Batignolles, one of several new ecological housing developments with low energy use and carbon emissions, in Paris, France, October 22, 2015.    REUTERS/Benoit Tessier/File Photo
AnalysisClimateEconomyEmissionsPolitics

Analysts forecast EU carbon price rise, but say supply could swell

Analysts reduced their forecasts in April after data showed a surge in renewable power use had led to a record fall in emissions.

FILE PHOTO: A man walks his dogs on the beach in front of Teesside Wind Farm in Redcar, Britain, November 7, 2023. REUTERS/Phil Noble /File Photo
News

British renewable industry pushes for increased auction budget

New government should increase UK renewable auction budget to boost offshore wind, say developers.

FILE PHOTO: A boat lies on the partially dried-up bed of the Villa Victoria dam, which supplies water to Mexico's capital, as the Cutzamala System's stores have their lowest level in years due to a drought, in Villa Victoria, Mexico June 19, 2024. REUTERS/Paola Garcia/File Photo
BusinessCarbon ManagementClimateFinanceFuelNews

More finance, policy ambition demanded at London climate week

Countries need to dig deeper to provide the finance and set the policies needed to shift to a low-carbon economy, delegates heard this...

FILE PHOTO: Protesters carry signs during the Peoples Climate March at the White House in Washington, U.S., April 29, 2017.      REUTERS/Joshua Roberts/File Photo
ClimateNewsPolitics

Right-wing shift may slow, not reverse climate action

A political tilt to the right in Europe will not derail climate efforts as businesses are increasingly locked into green strategies.

FILE PHOTO: Saplings grown at the nursery of the nonprofit environmental group Rioterra, await planting to restore areas of a nearby rainforest, at the Jamari National Forest, in Itapua do Oeste, Rondonia state, Brazil, February 18, 2020.  REUTERS/Alexandre Meneghini/File Photo
BiodiversityCarbon ManagementClimateEmissionsEnvironmentFuelNews

Global carbon removal market could reach $100 billion/yr from 2030-35, report says

The global market for carbon removal credits could reach up to $100bn a year between 2030 and 2035 if barriers to growth are...

FILE PHOTO: A view of the Weisweiler coal power plant of German utility RWE in Weisweiler Germany, January 17, 2023 REUTERS/Wolfgang Rattay/File Photo
BusinessCoalEconomyEmissionsFinanceNewsPolitics

German coal power phase-out likely before 2038 due to economics: climate envoy

Leaders of the Group of Seven developed countries this month pledged to phase out existing unabated coal power generation in energy systems during...

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