COP29: Baku meet adopts establishment of global carbon market under Paris Agreement’s Article 6

COP29: Baku meet adopts establishment of global carbon market under Paris Agreement’s Article 6

The Article 6.4 mechanism is seen as an important tool in bridging the climate finance gap.The mechanism aims to enhance climate finance flows to countries with carbon-rich ecosystems, supporting both environmental integrity and equitable access to funding. Baku: In a...
Howden launches first-of-its-kind carbon capture and storage insurance facility

Howden launches first-of-its-kind carbon capture and storage insurance facility

The insurance facility, designed by Howden and led by SCOR’s syndicate at Lloyd’s, provides cover for environmental damage and loss of revenue arising from the sudden or gradual leakage of CO2 from CCS projects into the air, land and water London: Howden today...