Day: 27 June 2026

National Grid launches a new market mechanism to boost nature recovery across new infrastructure projects

Stuart Mitchell

Delivering new transmission projects presents an opportunity not only to upgrade infrastructure but to restore habitats, enhance biodiversity and support local communities.  National Grid will be looking for qualified suppliers to help us deliver environmental commitments, including achieving a minimum of 10% Biodiversity Net Gain (BNG) on all new projects requiring planning permission. Marine restoration and enhancement will also be supported, while delivering offshore subsea cable projects. The QUDM will also enable further investment into projects offering climate contributions and wider benefits. The market will enable the delivery of off-site…

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CCSA and 50 stakeholders call on the European Commission and British Government to provide clarity on EU-UK ETS linkage

Stuart Mitchell

The CCSA, together with 50 industry stakeholders, has issued a joint letter urging the European Union and the United Kingdom to provide greater clarity on the timeline and key milestones for linking their Emissions Trading Systems (ETS) and enabling CCUS projects ahead of the next EU-UK Summit. With 2026 expected to be a critical year for CCUS deployment across Europe, project developers and investors require clear policy signals to support investment in essential CO₂ transport and storage infrastructure. Delays in establishing a legal framework for cross-border CO₂ transport and storage…

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Landmark global framework for net zero transition planning launches

Stuart Mitchell

A landmark international framework designed to help financial institutions carry out credible, transparent and high‑integrity net zero transition planning has been published by BSI to encourage banks and financial institutions to close the gap between climate ambition and action. Net Zero Transition Planning for Financial Institutions (ISO 32212) specifies requirements and provides recommendations for strategic net zero transition planning by financial institutions. It provides practical guidance for banks, insurers, asset managers, asset owners and other financial institutions on how to establish robust governance, policies, systems and controls for effective transition…

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