- A Brazilian state will launch a monitoring platform in June to support its bioeconomy strategy, displaying real-time updates on implementation, its government announced on Tuesday.
- 23:21 GMTThe founder of a company selling solar radiation modification (SRM) credits is open to working with governments and companies to expand its operations, touting the controversial technology as the only realistic option to hold off climate change, but experts are deeply divided on the matter, with one describing it as a dangerous techno-fix.
- Assessing offsets – New Hampshire’s Senate Energy and Natural Resources Committee this month amended House Bill 123 (HB 123) to establish a moratorium on carbon sequestration contracts and create a commission to study carbon offset programmes. The original bill aimed to address lost tax revenue from unharvested forest land used for carbon capture by proposing a 10% tax on the annual net value of carbon credits sold from those properties. But the amended version restricts owners of over 500 acres of standing timber from entering into and exercising existing carbon offset contracts. If approved, the moratorium would be in place beginning July 1 until the commission submitted its report to the legislature, due before Nov. 1, 2027. The chamber’s Ways and Means Committee voted 3-0 to pass the amendment last week.
- An Ontario bill back at the Queen’s Park would regulate commercial carbon storage on both public and private land.
- 21:57 GMTStankevicius International has launched USDT (Tether)-based trading for VCS-certified carbon credits on its platform, Stankevicius International GO, becoming the first provider to enable direct carbon credit transactions using this stablecoin. The company said the move aims to enhance speed, global accessibility, and efficiency in the carbon market. Users can also apply for prepaid debit cards linked to their USDT earnings, allowing real-world spending of proceeds from carbon credit sales. The platform integrates AI-driven market insights and seeks to set new benchmarks for transparency and liquidity in environmental finance.
Wildfire woes - A recently-published policy brief from the United Nations University Institute for Water, Environment and Health argued that global carbon offset schemes, including voluntary carbon markets and forestation policies, have not adequately accounted for wildfire-related emissions, particularly in warming environments where forests increasingly act as carbon sources rather than sinks. The brief noted that fires in Canada’s boreal forests alone emitted 2 gigatonnes of CO2 in 2023—23% of global wildfire emissions—and called for reforms to carbon accounting frameworks. It recommended adaptive governance approaches and the use of real-time satellite monitoring to better reflect dynamic forest conditions in climate mitigation strategies.
- Decarbonisation divestment - Italian multinational oil and gas company Eni is in talks to sell its carbon capture, utilisation, and storage (CCUS) business to investment manager BlackRock, Reuters reported Tuesday. Eni said that they were in exclusive talks to sell a 49.9% stake to Blackrock’s infrastructure fund GIP, though several groups presented bids for the business. GIP would not only acquire a stake but also support investments to develop the CCUS project portfolio, which includes the Hynet and Bacton projects in Britain and L10 in the Netherlands. The measure is part of Eni’s broader strategy to develop dedicated units and sell minority stakes to fund their growth, Reuters said, which allows Eni to expand its low-carbon businesses while preserving its capacity to invest in oil and gas.
- Brazilian rice - Project developer AgriCapture announced the launch of its first Brazil-based rice carbon project that will introduce farmers to new sustainable growing practices. The programme is expected to allow Brazilian rice growers to gain access to global carbon markets and receive funds for adopting climate-smart practices, such as sustainable irrigation practices. The project is AgriCapture’s first international expansion, according to the Tuesday press release. The developer also established the US Rice Methane Reduction Project, which has generated 37,600 offsets. To date, AgriCapture has sold over 32,500 of those credits.
- A US-based agtech firm has inked another deal with a tech multinational involving 60,000 removal credits stemming from soil enrichment projects, according to a Tuesday announcement.
- Governments and state-owned enterprises in Guyana, Brazil, and Peru last week took steps to shore up REDD+ projects as part of an ostensibly regional push to fight deforestation.
- 18:44 GMTOcean carbon exports - Researchers have deployed 212 autonomous, floating instruments known as Biogeochemical-Argo (BGC-Argo) floats to estimate carbon export across the Southern Ocean basin, to address a gap in research. These floats roam the upper 2,000 metres of the ocean, can travel beneath sea ice, and are equipped with sensors that measure physical and biogeochemical properties of seawater. Carbon export is a process through which phytoplankton distribute organic carbon as they become food for other organisms, with much of this carbon eventually returning to the atmosphere, but some ending up sequestered in the deep ocean. In an April study, researchers estimated about 2.69 bln tonnes of carbon sink to the deep sea each year in the Southern Ocean, although carbon export varies across different parts of the ocean. The researchers said more investigation is needed to clarify the role of the highly active ecosystems in the sea ice zone, especially as climate change drives shifts in sea ice dynamics. (Eos)
- A company producing acid and other products from industrial CO2 emissions has partnered with a chemicals corporation to access the carbon emitted from a facility in Texas.
- Plans for a new hydrogen-powered portable cooker that promises zero CO2 emissions, while also raising finance via carbon credit sales, are still on the boil more than a year after the official launch, the company told Carbon Pulse.
- Achieving the EU’s goal of having 50 million tonnes of CO2 storage capacity available annually by 2030 will be challenging, but postponing the target is not an option at this stage, a Dutch official said on Tuesday.
- Coffee farms in Brazil’s Amazon region are removing more carbon from the atmosphere than they emit, according to a new government study, potentially strengthening the sector’s sustainability case amid tightening international deforestation rules.
- 14:16 GMTAn Almaty-headquartered nature-based solutions (NbS) startup has partnered with a Colorado-based soil carbon verification firm to restore grasslands and generate high-integrity carbon removal credits in Kazakhstan.
- Bloomin' great! - Social Carbon has announced a public consultation for version 2.0 of its SCM0007 methodology, focusing on the treatment of harmful algae blooms. The updated methodology now includes inorganic carbon, methane emissions quantification, and guidance on storage permanence. The consultation period is open to June 27.
- 14:05 GMTThree of the 10 startups taking part in the inaugural Blue Carbon Plus (BC+) Challenge – a new initiative run by Hatch Blue, Conservation International, and The Nature Conservancy – have been selected as the recipients of a $150,000 grant:
- Mapape Co-operative Society (Tanzania): This community-led enterprise integrates mangrove and seagrass restoration with sustainable livelihoods, including sea cucumber farming, crab fattening, and mangrove beekeeping. (Winner of the community-led enterprise category)
- Mena Tsook (Madagascar): A social enterprise that transforms sea urchins into eco-friendly cosmetics and decor, while actively restoring seagrass meadows. (Winner of the pilot stage project category)
- Phyto Corporation (Mexico): Focused on restoring salt-affected coastal areas by cultivating Salicornia crops, this initiative generates blue carbon credits and produces food and ingredient products. (Winner of the scaling stage innovation category)
- Making its mark - Colombian agroindustrial firm Riopaila Castilla has certified over 11,500 offsets through its conservation efforts in Vichada as part of the Orinoco2 project, marking its entry into the voluntary carbon market. The company achieved a 300% increase in carbon capture across 1,083 hectares of protected land between 2018 and 2022, El Pais reports. This initiative contributes to its goal of becoming carbon neutral by 2030 and supports broader ESG commitments. Riopaila Castilla conserves over 7,000 hectares of forests and has implemented regenerative agriculture practices, including biological pest control and precision fertilisation, significantly reducing its environmental impact. In 2024 alone, it planted over 19,000 native trees and reduced chemical insecticide use by 85%. The firm has adopted a circular economy model, achieving energy self-sufficiency through sugarcane bagasse, recycling 97% of its water, and using organic fertilisers. Carbon credit revenues will fund local social and environmental projects, including sustainable farming and forest conservation in Vichada. This comprehensive sustainability strategy has also led to a 34% drop in GHG emissions by 2024 and demonstrates how agroindustry can align profitability with climate action and community development.
- Moving on mangroves - Field activities are now underway at the mangrove restoration programme in Djibouti, wrote project partners Africa Carbon Solutions and the Sovereign Carbon Agency on LinkedIn. The project aims to strengthen coastal ecosystem resilience while contributing to sustainable socioeconomic development. On May 7-8, a stakeholder consultation was held in Godoria, bringing together local associations with territorial actors and national partners committed to preserving the country's coastal ecosystems. They reviewed the past year's achievements and shared field experience as well as planning forthcoming activities.
- Clean cooking up a storm - Saudi Arabia-based the International Islamic Trade Finance Corporation (ITFC), the Trade Development Fund (TDFD), Oil Sustainability Program (OSP), and Burn Manufacturing have signed a financing and implementation agreement to support the Forward7 initiative in Nigeria. The initiative seeks to expand clean cooking solutions across the country by manufacturing and distributing 20,000 LPG cooking kits to low-income households. Each kit will include a gas cylinder, stove, and accessories, alongside training to ensure safe and sustainable use. The project will directly support LPG refills for a period of eight years, which will be funded by the revenue generated from carbon credits. On Monday, Burn Manufacturing also partnered with Dubai-based AIM Carbon to distribute 1.2 mln digitally monitored biomass and electric cookstoves across Madagascar, Malawi, Nigeria, and Tanzania.
- Struggling to keep up - Only a quarter of small businesses in the UK expect to reach net zero by 2050, despite more than half viewing environmental sustainability as high priority, according to a new survey by the Federation of Small Businesses (FSB). Cost barriers are seen as a particularly big hurdle, as are a shortage of the right skills and knowledge. Small companies make up 43-53% of UK business emissions so achieving the country's net zero goal by mid century relies on getting them onboard. (BusinessGreen)
- CO2 and concrete - Finnish concrete producer Lakka -konserni has adopted Carbonaide's carbon-curing technology in its Joensuu plant, starting with an estimated annual capacity of 1,000 tonnes of permanent CO2 storage. The technology partially replaces cement with CO2, which is added during the concrete's curing phase, and reduces the need to use cement by 20-50%. Carbonation also speeds up the hardening of concrete by up to 50%, accelerating the entire production process, and enables the use of entirely new binder types. The aim is that within the next couple of years, half of the production of the Joensuu plant will use CO2 treatment, stated the press release Tuesday. The concrete industry accounts for 8% of anthropogenic CO2 emissions.
- 08:34 GMTSome more J-Credits - Japanese developer ByWill on Tuesday announced that it will support the creation of J-Credits in Fukushima through the introduction of LED lighting fixtures as a measure to combat rising prices for small and medium-sized enterprises and support their decarbonisation. ByWill has also signed an agreement with Sanjusan Bank and Odai Town in Mie prefecture for the generation and distribution of J-Credits.
- 04:00 GMTAs the US government retreats from climate action and undermines emissions policies, the rest of the world is advancing a global carbon economy that increasingly values nature-based carbon sinks, but mistrust in carbon accounting has devalued credits. Now, atmospheric monitoring technology offers a path to restoring market integrity, investment, and climate impact through more accurate, transparent verification.
- A Peruvian bill that would establish a state-mediated ‘carbon bank’ has finally broken out of committee and can be debated in the national congress – but it might struggle to score a slot on the legislative agenda, according to local sources.
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