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The UK government initiates consultations to standardise climate transition plans. New reporting standards aim to enhance investor confidence and transparency, driving billions in private clean energy investment while positioning the UK as a leader in transition finance and global competitiveness.
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EFRAG aims to halve CSRD data points. The group has released a draft status report on revising the European Sustainability Reporting Standards (ESRS) to ease compliance burdens. The group anticipates reducing data points required for CSRD reporting by over 50% while maintaining core objectives.
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Climate Tech Partners secures £40m funding round. The investment will back the rollout of low-carbon heat and power technologies across the UK, with a focus on deploying smart systems in homes, buildings, and grids to support national decarbonisation targets.
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Carbon Upcycling secures $18 million investment. Cleantech firm Carbon Upcycling has raised $18 million to expand its CO2 capture and utilisation technology for building materials, led by Builders Vision.
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UK-headquartered ESG software analytics provider Datamaran has introduced Datamaran Core, a novel solution intended to aid companies in pinpointing and handling ESG issues, risks, and opportunities.
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Louise Sheeran explains why future-ready businesses prioritise imagination, not just data.
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The agreement represents a significant milestone in Climeworks’ development as a carbon removal service provider.
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The European Central Bank (ECB) has released its latest climate-related financial disclosures, illuminating the carbon footprint and climate risks associated with its portfolios. Notably, the carbon intensity of its €331 billion corporate bond portfolio has decreased by 38% between 2021 and 2024. This development is significant as it aligns with the ECB’s commitment to supporting…
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EU exempts 90% of importers from CBAM. A new 50-tonne threshold will primarily remove SMEs from compliance while keeping 99% of emissions under regulation. The move is part of broader EU efforts to reduce reporting burdens while maintaining the climate integrity of the carbon border adjustment mechanism.
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The governments of Norway and Switzerland have announced a ground-breaking international agreement focused on durable carbon dioxide removal, marking the first deal of its kind under Article 6.2 of the Paris Agreement. This agreement aims to provide insights into regulatory frameworks, monitoring, and reporting and to aid in developing a sustainable commercial market for carbon…