Kategorie: Chris Moakley
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NatWest Eases Fossil Fuel Lending Restrictions, Triggering Investor Backlash
NatWest has lifted several lending restrictions tied to oil and gas exploration, reserve based financing, and transition plan requirements. The shift reflects growing energy security pressures and evolving national policy priorities despite global emissions targets. ShareAction is urging investors to oppose the re election of Chair Richard Haythornethwaite, citing concerns over climate leadership credibility. London… Continue reading
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Senken, Exomad Green Secure 105,000 Tonnes of Carbon Removal for Aviation Sector Decarbonization
Multi-year agreement delivers 105,000 tonnes of permanent CO₂ removal for aviation between 2026 and 2028. Contracted volumes between the partners now approach $30 million, reflecting growing demand for durable carbon removal. Airlines are shifting from nature-based offsets toward permanent removal to meet stricter net-zero and regulatory expectations. Aviation’s Hard-to-Abate Emissions Drive Durable Removal Demand A… Continue reading
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EU Approves $1.12B Danish Land Scheme to Cut Farm Emissions, Restore Wetlands
€1.04 billion ($1.12 billion) scheme will fund permanent land set-aside to cut agricultural emissions and nutrient runoff. Supports EU Common Agricultural Policy goals while restoring wetlands, biodiversity, and drinking water protection. Aid may cover up to 100% of eligible costs, signaling strong public financing for land use climate mitigation. Brussels Backs Denmark’s Land-Use Climate Strategy… Continue reading
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