Forests are vital carbon sinks. Although forestry projects dominate the voluntary carbon markets, they still occupy a marginal position on the larger, compliance markets. This is mainly due to their ineligibility for the European Union EmissionsTrading Scheme. New opportunities are emerging, however their impact may appear limited compared with the scale of the climate challenge.
Rarely does Europe get the chance to take a step back and reimagine its cleantech financing toolbox.
In the recent State of the Union speech, Ursula von der Leyen reiterated the need to stay on course towards Europe’s climate targets. In the coming months, the negotiations on EU’s Emission Trading System and the new framework for resilience and risk assessment will reveal the political and industrial forces at play, and if Member […]
The Innovation Fund is Europe’s flagship programme for bringing breakthrough cleantech to market, but a growing share of its grant portfolio is stuck before financial close.
