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TOP STORY
FEATURE: UN, Brazil pressure countries to strengthen climate plans and fulfil promises
The UN and Brazil are upping the pressure on countries around the world to submit strengthened climate action plans for the decade ahead, with seven months to go before a COP summit that will make clear whether countries are acting on pledges to transition away from fossil fuels and ramp up renewables.
EMEA
France launches corporate carbon credit pledge in bid to advance Article 6 implementation
The French government has launched a new ‘carbon credit charter’ to guide corporate carbon credit investment at a summit in Paris on Thursday, as the country aims to further the implementation of commitments outlined in the historic Article 6 deal agreed at COP29 last November.
UK publishes draft CBAM legislation for technical consultation
The UK has published draft legislation that will frame its Carbon Border Adjustment Mechanism (CBAM), with a technical consultation now open until early July.
UK waste ETS will cost billions to local councils unless companies are forced to cut plastics -report
The UK should focus on pushing companies to take plastics out of their materials rather than imposing a Emissions Trading Scheme on municipalities that collect and burn household waste, the Local Government Association (LGA) warned on Friday.
Linking UK, EU emissions trading systems not too legally complex, says law firm
Analysis from an international law firm has concluded that linking the UK and EU emissions trading schemes (ETS) is feasible outside the framework of the Brexit process and not too legally problematic.
UK, EU push low-carbon power as route to energy stability, while US fights the net zero agenda
Low-carbon power is essential to long-term energy security, UK and EU leaders said at a global summit in London Thursday, while the US rejected the “harmful and dangerous” net zero agenda.
EU Parliament committee votes in favour of CBAM simplification
The European Parliament’s Committee on Industry, Research, and Energy (ITRE) gave the green light on Thursday to changes proposed by the European Commission to simplify the EU’s carbon border tariff.
Lawmakers vote 83% mandatory annual filling target for EU gas storage
A draft law to amend the bloc’s gas storage regulation cleared the first hurdle in the European Parliament, with members of the industry committee agreeing on Thursday to extend by two years the storage targets introduced in 2022 following Russia’s invasion of Ukraine, while lowering the mandatory annual filling target from 90% to 83%.
Eni scores financial close with UK govt on CCS project
Eni has reached financial close with the UK government on a carbon capture and storage (CCS) project in northwest England, where the Italian oil major will operate the CO2 transport and storage infrastructure.
Lawmakers urge UK govt to plan for potential BECCS failure
A UK parliamentary committee has urged the government to prepare a contingency plan in case bioenergy with carbon capture and storage (BECCS) cannot reach the scale required to meet the country’s net zero goals.
Nigeria finalises carbon market policy, seeks to unlock $2.5 bln in investments by 2030
The Nigerian government has finalised its carbon market regulations through which it expects to unlock up to $2.5 billion in revenue from carbon credits and other investments by the end of the decade, President Bola Ahmed Tinubu has announced.
EU warned against Japanese model of LNG infrastructure investment
Asian civil society groups have warned Europe against the Japanese model of financing liquefied natural gas (LNG) infrastructure abroad, saying this would conflict with EU climate goals and lock the bloc’s dependence on fossil fuel infrastructure for the long term.
European soil carbon company rebrands, targets 1 mln hectares by 2026
A European soil carbon company has changed its name as it targets scaling to 1 million hectares next year.
Stronger regulation needed to keep BioCCS in check, think tank says
Tighter regulation of biomass use will be needed in Europe if the EU starts incentivising bioenergy with carbon capture and storage (BioCCS) on a large scale to meet its net zero emissions target, according to a Danish think tank.
Belgian agritech firm adds biodiversity, soil, water metrics to carbon-focused farm assessment
A Belgian agritech firm has launched a farm assessment framework that adds biodiversity, soil, water, climate, and socio-economic metrics to its existing carbon-focused approach, the company announced Thursday.
Carbon removal developer raises $15 mln in Series A extension funding
A developer of engineered carbon removal projects has raised $15 million in Series A extension funding, it announced Thursday.
Euro Markets: EUAs trim early losses as steady buying shrugs off natural gas decline
European carbon allowance prices recovered from early losses on Thursday morning but ended the day down, pulled lower both by a sharp drop in natural gas prices as the spread to Asian prices narrowed, and by early technical selling after the weekly positions data showed a small build in investor net length.
ASIA PACIFIC
President Xi holds firm on China’s climate action, 2035 NDC to include all sectors
China’s 2035 Nationally Determined Contribution (NDC) will cover all GHG emissions from all economic sectors, and its actions to address climate change will not slow down despite changes in the global political environment, President Xi Jinping has said.
China needs more ambitious carbon intensity target to meet its climate commitments, report says
China should set a more ambitious carbon intensity target in the next five-year economic plan to fulfil the pledges it has made under the Paris Agreement, according to a report published Thursday.
Tariff threats, CBAM add pressure on Southeast Asia to accelerate carbon market plans
Prospective US tariffs and Europe’s Carbon Border Adjustment Mechanism (CBAM) are increasing pressure on Southeast Asian nations to fast-track carbon pricing policies, speakers said during a webinar Thursday.
Japanese policy leaves existing electric steel out to dry -report
Japan’s work decarbonising its industry and driving the uptake of renewable energy and cleaner manufacturing is blighted by its lack of support for those already at the cleaner end of the bell curve, a think tank said this week.
ADB climate spending reaches record levels
The Asian Development Bank (ADB) set a new record for climate finance commitments in 2024, as it hones in on a goal for 50% of all capital commitments to be for climate action by 2030.
Agtech soil carbon player debuts new product for instant ACCU access
Australia’s Agriprove Solutions has launched a new product for farmers hoping to access ag-tech and services using existing or future carbon credits, cash, or both, it said Thursday.
Pepsico shortlists 10 startups for its emissions reduction accelerator in the Asia Pacific
US food and beverage giant PepsiCo has announced 10 startup finalists for the third round of its Greenhouse Accelerator Program in the Asia Pacific, which aims at enhancing innovation across sustainable agriculture, circular economy, and climate action.
AMERICAS
EcoRegistry, Argentine province sign MoU to launch regional biogas standard
Environmental platform EcoRegistry on Wednesday signed a Memorandum of Understanding (MoU) with an Argentine province on launching a subnational carbon credit standard focused on reducing methane emissions.
ANALYSIS: Renewable fuel producers request expedited US 45Z guidance, tax credit adjusted for point-of-sale
The US Internal Revenue Service (IRS) received hundreds of comments on their Section 45Z Clean Fuel Production Credit guidance, asking the agency to finalise guidance quickly and to adjust its definition of qualifying sales to match the transportation fuel business.
SCOTUS favours fuel producers’ standing in case aiming to revoke California’s clean cars mandate -expert
Liquid fuel producers suing to rescind California’s clean cars mandate will likely be granted standing by a unanimous or near-unanimous US Supreme Court (SCOTUS) ruling, but the case will then face a tough road winning on its merits, an environmental law specialist said Thursday.
WCI Weekly: CCAs lurch towards auction floor amidst heavy selling, WCAs show resilience
California Carbon Allowances (CCA) fell below the 2025 price floor amidst strong front-end selling and political uncertainty around the future of the state’s cap-and-trade programme, while Washington Carbon Allowances (WCAs) gained value in thin markets despite the threat of legal action from the federal government, traders said.
California diesel, gas sales drop in January lull
California diesel sales plunged nearly a quarter month-over-month (MoM) at the start of 2025, aligning with low points recorded last year, new state data showed.
Carbon credit developer plugs first gas well in Alberta, announces new collaboration
A partnership to plug an orphan gas well in Canada yielded its first tranche of carbon credits.
Finnish low-carbon tech company lands Canadian mining partner
A Finnish low-carbon technology company is entering the Canadian market for the first time with a new mining partnership.
CDR portfolio manager initiates coverage, awards top grade to Canadian firm’s flagship DAC project
A CO2 removals portfolio manager has initiated rating coverage on, and awarded a top grade to, a Canadian firm described as the world’s first “technology-agnostic” developer of direct air capture (DAC) projects.
Brazil’s $125 bln fund fails to protect tropical forests -report
Brazil’s emergent $125 billion “Tropical Forest Forever Facility” fund, set to be launched at COP30, fails to finance forest preservation actors, environmental advocacy non-profits said in a report Thursday.
INTERNATIONAL
INTERVIEW: German ITMO announcement a “turning point” for Article 6 markets
The German government coalition deal, which includes provisions to allow the buying of international credits under Article 6 to meet the country’s climate goals, could be a major step towards scaling demand in the Paris Agreement era, a carbon markets veteran told Carbon Pulse.
Trade war could shift climate investment to Latin America, Southeast Asia, say analysts
US President Donald Trump’s tariff war could see rapidly expanding climate funds turn their attention to Latin America and Southeast Asia, analysts have predicted.
AI boom may lift global GDP but risks huge emissions increase, report warns
The global artificial intelligence (AI) boom could lift GDP growth by 0.5 percentage points a year through 2030 but risks adding 1.7 billion tonnes of CO2 over the same period unless energy systems adapt, the International Monetary Fund (IMF) found in a report.
VOLUNTARY
Verra rejects registration of controversial REDD project in Brazil
Verra has denied the registration of a REDD avoided deforestation project in Brazil, citing errors by the verification body, even though the project has been subject to disputes about territorial claims as well as on the ownership of future credits.
Large multinational buyer seeks 200-300k “high-quality” CDR credits by 2030
A carbon management services provider representing a Fortune 50 multinational buyer has opened a call for proposals for “high-quality” removal projects, prioritising methods like improved forest management, ARR, direct air capture, and BECCS, with a target purchase of 200,000-300,000 tonnes by 2030.
Gold Standard tweaks framework to align with Paris Agreement, introduces new cookstoves requirements
Gold Standard has introduced new rules aimed at aligning more closely with the Paris Agreement and updating biomass accounting practices concerning cookstoves projects, it said Thursday.
BioCarbon launches water crediting programme
The BioCarbon environmental standard on Thursday launched a water crediting programme at the Colombia Carbon Forum in Bogota, following a 30-day public consultation.
Direct air capture developer sells 13k carbon removal credits to global shipping company
A direct air capture (DAC) project developer has signed a deal to sell 13,400 carbon removal credits to a large shipping company.
INTERVIEW: DAC developer looks to beverage market for scale, before tackling CO2 sequestration
A developer of modular direct air capture technology plans to prioritise achieving scale in the merchant market for CO2, to improve the economics and underwrite its long-term goal of emissions sequestration and e-fuels production.
INTERVIEW: Carbon markets must fund transitions, not just tonnes
Carbon markets must evolve from a narrow focus on offsetting emissions to funding systemic transitions across sectors, according to David Antonioli, founder of Transition Finance and former CEO of Verra.
Carbon solutions provider launches new platform to streamline credit purchasing and management
A San Francisco-based carbon management firm on Thursday announced it has launched a new digital platform aimed at streamlining the purchase, evaluation, and management of carbon credits for corporate buyers.
BIODIVERSITY (FREE TO READ)
All our nature and biodiversity articles remain free to read (no subscription required). However, we now require that all readers have a Carbon Pulse login to access this content in full. To get a login, sign up for a free trial of our news. If you’ve already had a trial, then you already have a login.
EU Commission explores how nature credits can mobilise investment
The European Commission this week convened agricultural groups and banks in an effort to explore how nature credits can encourage private investment in conservation.
Financial risk analysis should include ecosystem services, paper says
Connecting ecosystem services with financial risks is the first step towards creating a system that better integrates nature into sustainable finance, according to a recent paper.
EU Commission proposes integrating High Seas Treaty into law
The European Commission proposed on Thursday to integrate the so-called High Seas Treaty, which seeks to curb biodiversity loss in international waters, into EU law.
FEATURE: Horse, cart need to advance together as large investors seek opportunities in Canadian biodiversity
Organisations looking to spur rapid investment in biodiversity and nature finance in Canada say it’s time for large capital investors to put their money on the table.
Biodiversity Pulse: Thursday April 24, 2025
A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).
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WEBINAR
Mastering Carbon Removal Procurement: How to design effective RFPs and secure high-quality carbon removal – Join Supercritical on Thursday, May 8th at 1600 BST (1500 GMT) for a practical session on navigating the carbon removal procurement process. This expert-led webinar will explore how to design effective RFPs, evaluate supplier credibility, and structure contracts that deliver on both climate goals and business needs. Featuring insights from experienced corporate buyers Chris Minter (Zurich Insurance) and Emily Jackson (The Economist), you’ll gain actionable guidance to secure high-quality carbon removal, mitigate risk, and accelerate progress toward your net zero goals. Register
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EVENTS
Carbon Forward Turkiye – May 7-8, Izmir – Following the success of our inaugural event in Izmir, we are excited to host the second annual instalment of Carbon Forward Turkiye. With the country about to launch its national ETS, attendees will learn what’s in store for participants and other stakeholders. Also, take a tour of the region’s other carbon markets, consider the financial impact of the EU’s CBAM, and hear from experts about developments in the voluntary carbon market, CO2 removals, CORSIA, and decarbonisation in the power, industrial, and shipping sectors. The agenda will be released shortly but registration is now open, with a 30% super-early bird discount available for a limited time.
Innovation Zero – April 29-30, London – The UK’s largest net zero congress will bring together 10,000+ delegates, 400+ speakers and 250+ exhibitors in London at the end of the month to accelerate a just, global transition to a low-carbon economy. Supported by the UK Government, Innovation Zero provides a space and opportunity for collaboration, breaking down silos, and overcoming obstacles to drive large-scale, impactful progress towards global emissions reduction. The congress will feature 13 high-level forums and theatres, including a Carbon Markets Forum that will explore the potential of voluntary carbon markets (VCMs) to unlock meaningful climate action. Register here
Sustainable1 Summit – April 30, London – S&P Global predicts $60 trillion in energy investment opportunities under global net zero investment scenarios through 2050. During this same period, there is also a projected $25 trillion in cumulative financial impact on the world’s largest companies due to changing climate exposure. Join us at the Sustainable1 Summit in London to unlock transition opportunities with specialist opinions, market outlooks, data insights, and strategic forums, providing insights to finance the energy transition, discover opportunities in climate resilience, and report your sustainability performance with confidence. Save your spot
East Africa Carbon Markets Forum – May 8-9, Kampala – Join the East Africa Carbon Markets Forum on May 8-9, 2025, in Kampala, Uganda, as project developers, policymakers, investors, and community representatives come together to shape the future of the region’s carbon markets. Centred on advancing policy, unlocking green finance, and fostering innovation, this free, high-impact event delivers curated sessions, expert insights, and meaningful networking opportunities. With attendance capped at 350 participants, EACMF2025 offers an exclusive platform for impactful connections and actionable engagement in East Africa’s sustainability efforts. Be part of the dialogue shaping tomorrow’s carbon markets. Join the conversation and learn more at www.carbonmarketsforum.com.
Carbon Removal Investment Summit – June 3, London – cCarbon is hosting this exclusive, one-day conference with the goal of accelerating carbon removals through a data and modelling-driven discussion. It will bring together a distinguished group of investors, capital providers, carbon removal buyers, leading developers, and other key stakeholders to unlock investment and create partnering opportunities. An invite-only investors’ conclave will take place during the summit to explore pathways for unlocking and chanelling capital into carbon removals. Attendees will have the opportunity to participate in high-impact sessions to discuss the business case for nature- and technology-based removals. cCarbon will unveil a data-driven benchmarking tool designed to assess carbon removal providers based on key factors like feasibility, scalability, and maturity. Register here
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ADVERTISE WITH US
Carbon Pulse has published its 2025 advertising brochure and media pack, featuring updated offerings and prices. With that, bookings are now open for advertising on our website and in our newsletters.
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BITE-SIZED UPDATES FROM AROUND THE WORLD
EMEA
Bad lobby – Major lobbying firms operating in Brussels act for fossil fuel companies, according to the first dataset of public affairs and law firms serving the fossil fuel industry in the EU. The findings were published on Thursday by The Good Lobby, a public affairs consultancy committed to transparent, ethical, and sustainable advocacy. Burson topped the ranking, with earnings estimated at €737,500 from fossil fuel clients. Smaller firm NOVE came second, earning €435,000 in the latest reporting cycle, according to data extracted from the EU’s EU Transparency Register. Next at €150,000 are four consulting firms: FTI Consulting, Hill & Knowlton, Aula, Rasmussen Global, and Weber Shandwick. Still, many of those firms make bold sustainability claims, saying it is ‘critical’ to be part of the climate solution, or to ‘challenge businesses and brands to have a better impact on people and the planet’. “Such claims ring hollow when these firms enable fossil fuel lobbying behind the scenes,” The Good Lobby said in a press release. “Our data reveals how public affairs consultancies and law firms use their advocacy expertise and policy connections to support the fossil fuel industry’s efforts to delay the clean energy transition. Despite their influence, these actors remain largely unregulated—highlighting the urgent need for transparency about their role in maintaining the status quo while positioning themselves as part of the solution”, said Alberto Alemanno, founder of The Good Lobby.
Clueless – Many people in Germany have no idea that EU ETS2 – the planned expansion of the EU ETS to transport and buildings – could increase their fossil fuel heating costs by well over €1,000 annually in some cases, according to a survey by heat pump company Aira. It found almost a quarter of survey respondents hadn’t even heard of the upcoming reform. Just 9% of respondents had already acted to curb their carbon emissions, while 19% plan to do so soon through measures like new heating systems and energy efficiency. About a third expressed interest in preparing for EU ETS2 but felt they lacked the ability to so due to practical, social, or financial constraints.
Better than expected – Eni has reported a smaller than expected 11% annual drop in adjusted net profit for the first quarter. The Italian energy group on Thursday said adjusted net profit came in at €1.41 bln between January and March, down from €1.58 bln in 1Q 2024, but above an analyst consensus of €1.15 bln compiled by the company. Faced with lower oil prices, the group said it would curb planned net capex this year to below €6 bln and introduce several mitigation measures worth €2 bln. The state-controlled group lowered Brent oil price expectations to $65 a barrel, down from $75, and confirmed its distribution policy including a share buyback of €1.5 bln. (Reuters)
State aid – The EU Commission has approved a €612 mln Portuguese scheme to lower electricity levy rates for energy-intensive companies, and therefore avoid carbon leakage. The scheme will run until 22 Apr. 2035, and will benefit companies in sectors that rely heavily on electricity and are particularly exposed to international trade. Beneficiaries will receive a levy reduction between 75% and 85%, depending on their risk exposure. The applicable reduction must not result in a levy below €0.5/MWh. The selected firms will have to either implement certain energy audit recommendations, cover at least 30% of electricity consumption with renewable energy sources, or invest at least 50% of the aid in projects leading to substantial GHG emissions.
Green metals premium – The London Metal Exchange (LME) is looking at ways to place a ‘green premium’ on metals mined sustainably, following pressure from industry to distinguish them from more environmentally damaging alternatives. LME is proposing allowing traders to buy such certified green metals via Metalshub, a trading platform with which it’s already partnered. It’s hoped that doing so will support market development for more sustainable metals, though there’s been limited buyer appetite to pay more for responsibly sourced metal thus far. The exchange’s plans announced Wednesday will see traders able to purchase green aluminium, copper, nickel, and zinc for immediate delivery. (FT)
ASIA PACIFIC
Loded – New Zealand’s newest electricity retailer Lodestone Energy has successfully completed a NZ$50 mln ($29.8 mln) capital raising, adding to the NZ$50 mln development fund it raised last year. The utility-scale solar power firm said in a press release that the funding will feed the momentum to expand its generation. While it had received healthy interest from international investors, Lodestone opted to stay local following strong support from New Zealand investors, it said. In 2023, the now-defunct NZ Green Investment Finance fund provided a NZ$15 mln working capital facility for Lodestone, and estimated that the solar firm’s portfolio is expected to displace more than 600,000 tCO2e of emissions over their lifetime. Since then, the firm’s portfolio has doubled from five to 10 sites and it is set to begin construction of its first project in the South Island.
Farm friends – New Zealand’s Agrizero has signed an agreement with Innovate UK to work together to address agricultural sector emissions, the Kiwi firm said in a press release. The two parties will work together as investor partners, Agrizero said, combining funding and expertise to support R&D efforts. Agrizero, which is backed by the New Zealand government and private sector firms including Fonterra, Synlait, Silver Fern Farms, and Rabobank, is aiming to ensure all farmers in the Pacific country have equitable access to solutions to reduce biogenic methane and nitrous oxide emissions, it said. This new partnership sits alongside Agrizero’s investment last year in past Innovate UK funding recipient Agroceutical Products, which is now setting up in New Zealand to investigate the use of daffodil extracts as a methane inhibitor. Agriculture accounts for more than half of New Zealand’s gross GHG emissions, responsible for 40.6 MtCO2e of emissions in 2023, predominantly methane.
Biochar equipment breakthrough – Japanese agricultural equipment maker Yanmar has teamed up with national research agency NEDO and Gifu Agricultural Cooperative Association to install a device that can efficiently reduce production costs for biochar from rice husk, it announced Thursday. As part of a government-backed research project, the new solution is expected to reduce costs by around 40% compared to conventional biochar production techniques. The alliance said they also aim to utilise carbon crediting mechanisms through the carbon storage effect of farmland.
MRV system – Japanese power company Eneres, appointed by the country’s environment ministry, will start operating its MRV support system this year to support the creation of solar-based carbon credits under the domestic J-Credit scheme, it said in a statement Thursday. The blockchain-based system aims to streamline the process required for the verification of J-Credits, from collecting data required for measurement to reporting and application. Eneres said it will consider expanding the solution to support methodologies other than the solar-focused one (EN-R-002), based on the results of the government’s further review.
Got your back – The Tokyo Metropolitan Government has launched a project that encourages the use of carbon credits for local companies to promote the added value of their products and services. The programme will provide financial support for businesses that use offsets purchased from the Tokyo Carbon Credit Market, a trading platform launched earlier this year to allow trading of both domestic and international carbon credits.
First of its kind – Japanese project developer Green Carbon has become the first company to register a rice-focused carbon credit project based on a new methodology (VM0051) with Verra, it announced Thursday. In Vietnam’s An Giang province, Green Carbon has completed a demonstration covering three crop cycles throughout the year on around 100 hectares of paddy fields. Based on these results, the company plans to expand the project area to roughly 116,000 ha over the seven years until 2032, aiming to generate about 4 million carbon credits. The new methodology is designed to replace a popular yet controversial one under CDM.
AMERICAS
Lining up matches – A federal judge dismissed Chevron and other fossil fuel majors’ efforts to dismiss a climate liability lawsuit filed against them in pursuit of recovering costs from alleged climate damages, according to docket filings. DC Superior Court Judge Yvonne Williams denied the motions to dismiss from Chevron, Exxon, Shell, and BP. The lawsuit was filed by Washington DC in 2020 for misleading consumers about the role their products play in causing climate change, alleging that the companies violated DC’s consumer protection law by engaging in misleading acts and practices around the marketing, promotion, and sale of fossil fuel products. The US fossil fuel industry faces several lawsuits from state and local governments, and may be on the path to legal immunity following a recent executive order issued by President Donald Trump, a legal expert told Carbon Pulse.
‘Clean’ is a dirty word – US DOE Secretary Chris Wright appeared on a Fox Business programme during Earth Day on Tuesday, referring to “clean energy” as “just a marketing term”, as all energy involved trade offs. Solar and wind took over 100 times more land, 10 times more steel and cement and heavy materials to produce, Wright said, noting that the Trump administration did not support the clean energy tax credits gaining traction in Congress, that made politicians “feel good” without realising significant benefits for the American public. The Trump administration has taken aim at rolling back emissions reductions regulations otherwise supported by the Inflation Reduction Act (IRA), but experts say a full repeal of the rules package, which include a number of tax credits for carbon management projects, is unlikely. The Department of the Treasury is working to finalise guidance for the Section 45Z Clean Fuel Production Credit, addressing over 280 public comments which largely urged for an expedited process.
Clear the runway – Airline company United announced an investment in aircraft start-up JetZero, including a path for the company to purchase up to 200 fuel-efficient airplanes once the developer completes a full-scale flight demonstration programme in 2027. JetZero received funds through the Inflation Reduction Act and a $235 mln contract from the US Air Force to fast-track the development of the demonstration of its Z4 plane, designed to accommodate 250 passengers while estimated to burn up to 50% less conventional jet fuel compared to other aircraft.
Big bank boom – National Bank of Canada CEO, Laurent Ferreira, said the next Canadian Prime Minister should scrap the cap on oil and gas emissions, as well as impact assessment rules on energy and natural resource projects, the Globe and Mail reported Thursday. Ferreira said the next government needs to expedite development and reduce regulatory barriers to building energy infrastructure, or face further harming Canada’s waning productivity and slowing economic growth.
VOLUNTARY
Better together – Companies that integrate AI into their sustainability strategies end up achieving environmental and operational impacts three times better than those which keep the two areas distinct, according to a Brightline Initiative survey. It found organisations combining both artificial intelligence and sustainability benefit from a 26% reduction in CO2 emissions, compared to just 3% who don’t combine them. The tangible ways that companies use AI to meet sustainability goals include using predictive maintenance to curb downtime, applying AI to quality control, and using AI to track carbon footprints.
Green tick – Bayer’s commitment to reduce its Scope 1 and 2 emissions 42% and Scope 3 emissions 25% by 2029, on 2019 levels, has been validated by the Science Based Targets initiative (SBTi) and confirmed also by ratings agency Carbon Disclosure Project (CDP). The chemicals company aims to reduce 90% of its GHG emissions throughout its whole value chain by 2050 or before, while residual emissions shall be covered by durable carbon removals. (Indian Chemical News)
Growing demand – Developer DGB Group expects a minimum of €85 mln in cash flow from its carbon projects over the next 10 years in a conservative scenario, with potential to exceed €212 mln in an optimistic scenario, the company announced during an extraordinary general meeting Thursday. All agenda items were approved by shareholders during the meeting, including the appointment of GCP Auditors as DGB’s external audit firm. Global demand for high-quality carbon credits continues to rise and regulatory support is growing, and DGB is well positioned to meet this expanding demand with its afforestation and reforestation projects, the release stated.
SOC credits – California-headquartered soil carbon startup Boomitra announced Thursday issuance of the first tranche of carbon credits from its Indian smallholder farmer project, Urvara. Boomitra said it received roughly 47,300 social organic carbon (SOC) removal credits from the Social Carbon Foundation, and over 317,700 credits are expected to be issued to the project over a 20-year period. According to a press release, the project supports over 12,000 smallholder farmers across nearly 50,000 acres (some 2,000 ha) in six Indian states and supports regenerative practices across a variety of crops. Boomitra said Urvara is the first project in India to be verified for credit issuance using Social Carbon’s regenerative land management methodology.
Consultation launch – Verra has launched a public consultation on a small revision to the Clean Development Mechanism (CDM) methodology AMS-III.C.: Emission reductions by electric and hybrid vehicles, v16.0. This methodology applies to projects that introduce new electric and/or hybrid vehicles to displace fossil fuel ones, and the proposed revision expands the methodology’s scope to include electric mobile machinery (EMM), such as building and construction machines. The consultation is open from Apr. 24-May 26, 2025.
AND FINALLY…
Diet for the planet – A person can consume some 255 grams of poultry or pork per week without harming the planet, according to an article published in Nature Food journal. That’s lower than the weight of a pack of two chicken breast filets found in Danish supermarkets, which typically weighs some 280 grams. Meanwhile, a diet with even moderate amounts of red meat exceeds planetary limits, said the authors. On the other hand, a pescetarian, vegetarian, or vegan diet would likely stay within the limits of what the planet can support, depending on specific products included in the plate. (Phys.org)
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