The Paris Agreement Crediting Mechanism (PACM) has officially approved its first project—a cookstove initiative in Myanmar. This marks a major milestone for the UN-backed carbon credit system, designed to ensure high-integrity offsets. But with concerns over inflated climate benefits, is this approval a win for carbon markets or a warning sign of deeper issues? Let’s uncover the details behind this historical market development. What is PACM? The Paris Agreement Crediting Mechanism is a global initiative designed to improve the quality and integrity of carbon credits. Carbon credits are permits that let companies offset their greenhouse gas (GHG) emissions. Companies invest in…
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Nasdaq, Inc. NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) has scheduled its first quarter 2025 financial results announcement. Who: Nasdaq’s CEO, CFO, and additional members of its senior management team What: Review Nasdaq’s first quarter 2025 financial results When: Thursday, April 24, 2025 Results Call: 8:00 AM Eastern Senior management will be available for questions from the investment community following prepared remarks. All participants can access the conference via webcast through the Nasdaq Investor Relations website at http://ir.nasdaq.com/. Note: The press release and…
Savings giant NS&I recorded a bumper net inflow of £5.5 billion between October and December 2024, leading one finance expert to suggest that more Premium Bond cuts could be in the pipeline. The Treasury-backed provider is set a net financing target, which for the current financial year (2024/25) is £9 billion, with a margin of plus or minus £4 billion. The total it has raised so far across the first three-quarters of this year is £8.9 billion. Net financing takes into account money coming in, including deposits and interest, minus money going out from withdrawals and interest or Premium Bonds prize…
Today’s ESG Updates China Expands Carbon Trading: China adds steel, cement, and aluminium smelting to its carbon market, covering 60% of emissions. Airbus Stays Committed to Hydrogen: Airbus reaffirms focus on hydrogen-powered aircraft despite delays, with new concepts and a revised roadmap. UBS, UniCredit, and Nomura Lose EU Case: European Court upholds €371 million in fines against the banks for antitrust violations. Japan Unveils Turquoise Hydrogen: Japan announces turquoise hydrogen, a clean, cost-effective energy, set for commercialization by 2026. China forces firms to cover carbon emissions with carbon market expansion China released plans on Wednesday to expand its carbon trading…
Image source: Getty Images This morning (26 March) UK inflation data for February came out. It revealed a surprise fall from 3% last month to 2.8%, giving a boost to the FTSE 100 and FTSE 250 in the morning. Yet this data and the implications will cause different reactions for some sectors and FTSE stocks. Here is one that I think could do well, alongside one that could struggle. Boosting profit margins Tesco (LSE:TSCO) is one company that could really benefit from inflation trending back lower in coming months. One of the key components that goes into the consumer price…
European stocks closed lower Wednesday, with autos tumbling as a fresh U.S. tariff announcement loomed.The pan-European Stoxx 600 index provisionally closed 0.72% lower, with autos down 2.54%, extending losses after a White House official told CNBC that U.S. President Donald Trump could make an announcement on duties as soon as Wednesday.However, U.K. stocks bucked the regional trend, with the FTSE 100 and FTSE 250 gaining 0.3% and 0.28% respectively.U.K. borrowing costs meanwhile fell on Wednesday as markets broadly welcomed a flurry of economic news and fiscal announcements.The yields on 2-year and 10-year U.K. government bonds were both around 3 basis…
Making a strong case for increasing private investment, the finance ministry on Wednesday in a report said it can help the country overcome risks to the growth emanating from external factors. The report emphasised that the private sector should draw comfort from resilience of the Indian economy and its steady growth outlook. “It is essential that the industry recognises the mutual endogeneity of its investment spending and consumption demand,” the February edition of Monthly Economic Review released by Department of Economic Affairs said. Pointing out that consumption is expected to get a leg-up with relief in income tax and reduction…
What’s driving investment in battery stocks? Well, the global battery industry has surged since over a decade driven mainly by lithium-powered technology. EVs are no longer a futuristic idea—they are now mainstream. Electric vehicles play a crucial role in reducing greenhouse gas (GHG) emissions. In 2021, plug-in EVs, including all-electric and plug-in hybrid models, prevented approximately 5.5 million metric tons of carbon dioxide (CO₂) emissions in the United States. This reduction is equivalent to removing over 1.1 million gasoline-powered cars from the road for a year. What’s Fuelling Battery Stock Investment in 2025? With countries pushing for stricter emissions regulations and phasing…
What’s driving investment in battery stocks? Well, the global battery industry has surged since over a decade driven mainly by lithium-powered technology. EVs are no longer a futuristic idea—they are now mainstream. Electric vehicles play a crucial role in reducing greenhouse gas (GHG) emissions. In 2021, plug-in EVs, including all-electric and plug-in hybrid models, prevented approximately 5.5 million metric tons of carbon dioxide (CO₂) emissions in the United States. This reduction is equivalent to removing over 1.1 million gasoline-powered cars from the road for a year. What’s Fuelling Battery Stock Investment in 2025? With countries pushing for stricter emissions regulations and phasing…
A German-backed carbon credit marketplace has launched a project in Ethiopia that aims to earn carbon and biodiversity credits… Source link