This year was supposed to be a turning point for carbon markets, with the United Nations’ long-delayed country-to-country trading system coming into force and airlines preparing to enter a mandatory program to offset their emissions.
India’s new emissions-reduction plans offer significant investment opportunities in sectors related to grid upgrades and storage batteries, according to one of the country’s largest climate-focused funds.
TotalEnergies and Abu Dhabi’s future energy company Masdar have signed a binding agreement to establish a $2.2bn 50/50 joint venture that will merge their onshore renewable activities in nine countries across Asia.
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