World Cement Association's Comment on Linking UK and EU carbon markets

09 May 2025 CW Team

Fabien Charbonnel, Director at the World Cement Association (WCA) and Directeur Général, Cem’In’Eu comments, “I believe a unified carbon market reduces the risk of competitive distortion and encourages fairer competition across borders. Consistent carbon pricing mechanisms promote efficiency and provide clarity for businesses operating internationally. For UK-based cement producers, alignment could remove disadvantages when exporting to the EU if UK carbon prices exceed those in Europe. However, it is worth noting that EU producers exporting to the UK would similarly benefit from greater price parity. While the current impact on cross-border trade volumes in cement may be limited, ensuring a level playing field as climate policies evolve is an important step for industrial sectors navigating the low-carbon transition. This aligns with the key messages shared during the WCA's recent webinar on the implications of CBAM and the EU ETS, where it was discussed how linking carbon markets can help avoid carbon leakage, reduce complexity, and ensure fairer competition between domestic and foreign producers. As new carbon pricing regimes emerge globally and EU prices continue to rise, market coherence and predictability will be crucial to supporting investment in decarbonisation.”

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..