Sustainability and carbon market news

Carbon credit retirements have accelerated across multiple distinct market segments, with a landmark US energy company transaction, a milestone for the carbon dioxide removal (CDR) sector, and compliance-driven activity in South Africa providing a...

Mercedes AMG Petronas F1 Team has announced a partnership with a UK-based carbon dioxide removal (CDR) portfolio manager, to broaden its CDR activities as part of a broader net-zero strategy. Mercedes AMG Petronas F1 Team with their car on the...

Carbon dioxide removal and utilisation technologies are receiving renewed attention as major philanthropic backers seek to accelerate their path to commercial scale. This week, the Bezos Earth Fund announced a new funding programme designed to...

Germany’s ability to meet its legally binding net-zero target by 2045 will depend heavily on how quickly and decisively it scales up carbon dioxide removal (CDR), according to a new analysis by Carbon Gap and engineering consultancy Sweco. Under...

As global efforts to reach net-zero emissions accelerate, a new analysis from AlliedOffsets highlights the immense scale of investment required to make carbon removal a viable pathway toward environmental targets. Aerial view of a large BECCS...

A new report by researchers at the University of Cambridge finds that nature-based carbon removals can play a key role in achieving long-term temperature stabilisation when combined with engineered carbon removal approaches and supported by solid...

Microsoft has significantly expanded its carbon removal portfolio in 2024, making waves with a trio of deals that together represent one of the largest commitments to engineered carbon removal to date. These agreements, spanning reforestation,...

The Science Based Targets initiative (SBTi) has released a draft revision of its Corporate Net-Zero Standard, marking a pivotal moment for corporate environmental strategy and the carbon removal sector. The draft—Corporate Net-Zero Standard Version...

The United Nations’ Green Climate Fund (GCF) has approved $686.8 million in funding for 11 new environmentally focused projects across 42 countries, marking a significant step toward supporting vulnerable communities and reducing global emissions. A...

The European Council has formally adopted a regulation establishing the first EU-wide certification framework for carbon removals. This marks a significant step toward standardising practices like carbon farming, permanent removals, and carbon...

Carbon Direct’s 2024 State of the Voluntary Carbon Market (VCM) report highlights an urgent need to expand carbon dioxide removal (CDR), especially in nature-based solutions, to achieve global environmental goals. While CDR technologies are gaining...

Isometric, a science-powered carbon registry, has introduced a new reforestation protocol designed to enhance the transparency and reliability of nature-based carbon removal. This comes in response to the increasing demand for accurate carbon...

A recent study reveals that improved forest management (IFM) and conservation efforts in the coastal temperate rainforests of western North America could significantly reduce carbon emissions. The research estimates potential reductions of over 9...

The European Union is contemplating the integration of emissions removal credits into its carbon market, according to a statement from a European Commission official on 17 April. This decision could potentially reintroduce carbon credits in the...

Isometric, a carbon removal registry and science platform, has unveiled groundbreaking data showcasing previously unseen carbon removal activity from various companies. This includes Charm Industrial, Eion, Planetary, and Brilliant Planet. Recently,...

The Next 150, a Switzerland-based climate venture operator, introduced General Biochar Systems (GBS), a biochar company that produces high-quality carbon dioxide removal (CDR) credits. The newly inaugurated plant in Irapuato, Guanajuato, Mexico,...

The Amazon Rainforest, renowned as the world's ‘lungs,’ is undergoing a significant transformation. It faces concerns over its contribution to carbon emissions due to deforestation and wildfires. Questions have been raised regarding the Amazon's...

The Multilateral Investment Guarantee Agency (Miga), the insurance arm of the World Bank, is developing plans to safeguard carbon offset projects from political risks in economically developing states. This initiative comes as an increasing number...

The recent auction on the Washington cap-and-invest market has produced remarkable statistics, raising eyebrows and generating anticipation for future events. The latest auction concluded with a surprising settlement price of $56.01 metric tonnes of...

India's groundbreaking Project Tiger, designed to rescue the country's iconic big cat from the brink of extinction, has marked its 50th anniversary in 2023. Prime Minister Narendra Modi announced that India now hosts over 3,000 tigers, representing...

A recent study conducted in Canada's National Forest Inventory reveals that maintaining diverse forests leads to increased carbon and nitrogen accumulation in the soil, which sustains soil fertility and advances climate resilience. View from above...

The global carbon capture and storage market is anticipated to witness a remarkable compound annual growth rate of 13.4% between 2023 and 2033, reaching a valuation of over $10.2 billion in 2033, reports Fact.MR, an intelligence and market research...

The University of Minnesota is set to receive a $20 million grant over five years from the National Science Foundation (NSF) and the United States Department of Agriculture's (USDA) National Institute of Food and Agriculture (NIFA) to lead the AI...

Road transport significantly contributes to carbon emissions, accounting for approximately 80% of transport-derived emissions. It also poses health risks to people living near roads due to traffic-related air pollution. However, nature-based...

A new report by the US Department of Energy (DOE) revealed that the United States must capture and permanently store between 400 million and 1,800 million tonnes of carbon dioxide (CO2) annually to achieve its net-zero goals by 2050. The report...

Removing woody vines, known as lianas, from selected trees in managed forests globally could decrease atmospheric carbon dioxide by up to 800 million tonnes in the next 30 years, according to a study by the University of Florida, The Nature...

Credit One Bank joined forces with the Arbor Day Foundation in a new partnership aimed at supporting reforestation and community forestry projects. The bank's reforestation efforts will be spearheaded by customers who opt-in for paperless accounts....

A recent study found that protecting and restoring wildlife populations could play a significant role in enhancing carbon capture and storage. According to the study, conducted by an international group of scientists, rewilding animal populations...

A new study identified more than 9.9 billion individual trees in the arid region between the wetter savannas and the southern edge of Africa's Sahara Desert. According to the study, which integrated field measurements, machine learning, and...

After the first round of the successful Regional Climate Summit in 2022, the International Carbon Action Partnership (ICAP) announced that it will continue collaborating with the International Emissions Trading Association (IETA) and other...

NH Investment & Securities, a prominent South Korean securities firm, has teamed up with 4EN to venture into the agricultural carbon-offset credit market. With over 120 branches and subsidiaries, NH provides various financial services, including...

Counteract, a new venture capital (VC) fund solely dedicated to carbon removal technologies, has raised around $42 million in its inaugural fund. The London-based fund, which focuses on bioenergy, direct air carbon capture with storage (DACCS), and...

Carbon farming startup Loam Bio has recently closed a Series B funding round, raising $73 million to improve the ability of soil to capture carbon. Co-led by Lowercarbon Capital and Wollemi Capital, the funding will be used to expand Loam Bio's seed...

In an effort to reduce CO2 emissions, the government has officially handed over a letter of authorization to the United Nations Development Programme (UNDP). The Letter of Authorization facilitated the bilateral agreement between Ghana and...

The Indonesian government is hoping that its forests will not only be carbon neutral but also act as a carbon sink by the year 2030. This aim is part of a larger strategy that the government is employing to reduce its carbon emissions. Reducing...