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- Mon 22:06Food supply chains – Sustainability data firm HowGood has aligned its 3.98 mln product carbon footprints with the Partnership for Carbon Transparency (PACT) approach to standardise emissions data across the global food industry. The move, validated by the World Business Council for Sustainable Development (WBCSD), allows manufacturers and retailers to exchange verified, interoperable carbon data in line with the Greenhouse Gas Protocol and ISO 14067. HowGood said the alignment will help companies compare footprints consistently and accelerate decarbonisation across agricultural and food supply chains.
Gaining ground – Gevo, a Colorado-based renewable fuels and chemicals company, announced the first delivery of certified CO2 removal credits (CORCs) under the Puro.earth standard to Biorecro North America. The credits were generated from Gevo’s North Dakota CCS operations. The delivery marks the start of a five-year agreement valued at about $26 mln. Gevo, which produces sustainable aviation fuel, ethanol, and other bio-based products, is currently the only producer of CORCs linked to ethanol-based carbon capture.
Rocks eat CO2 – Canada Nickel has launched a one-month in-situ carbon sequestration pilot at its Crawford Nickel Project near Timmins, Ontario, with the University of Texas at Austin, funded by the US Department of Energy's ARPA-E programme, it announced on Monday. The pilot will inject CO2-enriched water into a 400m deep well in ultramafic rock, where magnesium-rich brucite captures CO2 by transforming into minerals like magnesite within hours, solidifying within six months. The initiative is independent of Canada Nickel's existing IPT Carbonation programme.
- A Boston-headquartered startup targeting food waste has launched an early sale of up to 500,000 “pre-issuance” carbon credits, with proceeds aimed at supporting food rescue operations as the US government shutdown continues to disrupt social programmes.
- Prices rallied last week as optimism surged ahead of COP30 and the market started the typical uptick in demand for credits in the fourth quarter to cover annual emissions.
- Mon 16:11A Japan-based agritech company has launched a digital monitoring, reporting, and verification (dMRB) platform to support traceable farmland emissions and removal accounting in line with emerging land-sector disclosure frameworks.
- ICAO has published the CORSIA sectoral growth factor for 2024, which should translate to robust demand for carbon credits eligible for the offsetting scheme, after last year's aviation emissions across participating states was calculated at 60 million tonnes above the agreed baseline.
- Mon 16:06A new report from the Science Based Targets initiative (SBTi) has found that setting science-based climate targets delivers measurable business benefits, boosting competitiveness, investor confidence, and long-term growth across sectors.
- Double the size - Saudi Arabia's carbon market is projected to double in size next year, Semafor reported. The country's Voluntary Carbon Market Co. expects 20 mln carbon credits to be traded in 2026 - double the total contracts that have exchanged hands since 2022. The emissions trading platform is a joint venture between Public Investment Fund and the local exchange and is part of the kingdom’s efforts to reach net zero by 2060. Around 70% of Saudi companies now trade on the exchange together with others from countries including Brazil, China, France, Japan, and the US.
- Mon 15:25CO2-reactive geological formations such as basalts and peridotites could offer new long-term carbon capture and storage (CCS) opportunities in regions with limited sedimentary basins, according to an analysis published last week.
- Mon 14:11The Ministry of Environment and Sustainable Development of the Republic of Djibouti has announced the creation of a national framework to implement Article 6, which will enable it to start international carbon trading under the Paris Agreement.
- Mon 14:00A company that works with project developers to market their credits has announced it has secured $160 million in early commitments from corporates to purchase units generated by Indigenous-led forest conservation in the Amazon.
- Mon 13:55Bank's green push - South Korea’s Nonghyup Bank has purchased 8,245 carbon credits from 22 farms to support low-carbon agricultural practices and reduce greenhouse gas emissions, local media reported last week. The credits, certified through a partnership with the Ministry of Agriculture and the Korea Agricultural Technology Promotion Agency, will help offset emissions in line with upcoming 2025 guidelines. The initiative is part of the bank’s broader ESG efforts, which also include renewable energy projects and zero-emission vehicles.
- Mon 13:55Verra seeks experts - Verra has opened a Request for Applications for independent modeling experts to review Digital Soil Mapping Model Validation Reports (DSM-MVRs) under the VCS. Applicants with experience in DSM or hybrid DSM and biogeochemical models (BGCMs) will assess consistency with VT0014 guidance and ensure compliance with relevant VCS methodologies. Applications are being reviewed on a rolling basis.
- Mon 13:37A clean cooking carbon project developer has announced plans to expand its programme to additional African countries, it said Monday.
- Mon 13:11Scaling up carbon removals (CDR) requires politicians to establish market integrity, create reliable demand and national strategies, and support local stakeholders, according to the Tony Blair Institute (TBI) for Global Change.
- Mon 12:55Green light - The IPCC has approved the scientific content for the 2027 Methodology Report on Carbon Dioxide Removal Technologies and Carbon Capture Utilization and Storage during its 63rd Plenary session in Lima, Peru last week. This decision sets the stage for expert nominations and the next steps in report production. The panel also confirmed the 2026 workplan for the three Working Group contributions to the Seventh Assessment Report (AR7), which will cover physical science, impacts, and mitigation.
- Political sensibilities at COP30 could colour discussion and implementation of last year’s Article 6 rulebook, as “fairly dry” bureaucratic matters play out muted versions of old debates, according to observers and officials.
- Mon 11:11A Middle Eastern voluntary carbon markets company has teamed up with a financier of carbon removals (CDR) to deploy projects together, mostly in the Global South, the two announced on Sunday.
- Mon 10:44A blockchain-based marketplace will list the first 200,000 tonnes from a large microalgae ocean carbon removal project on its exchange.
- Mon 10:30Xpansiv has acquired a global clean energy registry provider in a move that consolidates two major companies in the renewable energy certification sector.
- The draft Transition Finance Guidelines were published Monday by the UK's Transition Finance Council following feedback from the first consultation, including guidance on offsetting, with the Council inviting additional input from international markets prior to final publication next year.
- Mon 03:58Nigeria has approved a new national carbon market framework and the operationalisation of its climate change fund, in a move President Bola Tinubu said would help unlock up to $3 billion annually in carbon finance as the country prepares to outline its climate strategy at this month’s UN climate summit in Brazil.
