New CORCs - Puro.earth has issued 850 CO2 removal credits (CORCs) from Wood Cache Corp’s La Veta facility in Colorado, marking durable removals under its woody biomass burial methodology, the company’s CEO said Thursday on LinkedIn. The issuance represents the first credits generated at the site, which is permitted to deliver up to 25,000 CORCs annually between 2026-30. The La Veta project uses buried woody biomass to delay decomposition and permanently store carbon.

A Nova Scotia-based CO2 removal (CDR) startup specialising in carbon capture for coastal bioenergy and industrial facilities announced Thursday the successful close of its C$4 million ($2.9 mln) equity round, bringing total capital raised to over C$12 mln.

The engineered removals market saw a downturn in issuance and retirement volumes in January, month-on-month, but there were signs that the market was able to maintain momentum, with data showing that a healthy volume of forward deals and new investments were agreed.

Germany has the potential to remove as many as 95 million tonnes of CO2 from the atmosphere each year by 2045 if it pursues ambitious climate policies, according to a new report.

A carbon standard has released a new methodology for durable biochar for consultation that seeks to align with Paris Agreement Crediting Mechanism (PACM) rules by incorporating a downward adjustment over time within its framework.

PricewaterhouseCoopers (PwC) has assumed control of clean energy and cookstove company Koko Networks, after the company failed to secure Kenyan project approval and fell into bankruptcy. 

The Saudi state-backed Regional Voluntary Carbon Market Company (VCM) on Thursday continued its streak of geographic expansion via new alliances, announcing exclusive arrangements with several North American carbon market players.

A Philippine coconut farmers’ organisation has signed an agreement with Swiss climate tech company EcoGuard Global to develop a digital platform enabling carbon credit issuance through real-time emissions tracking, the parties announced Wednesday.

The Integrity Council for the Voluntary Carbon Market (ICVCM) on Thursday announced a new set of decisions for the award of its Core Carbon Principles (CCP) quality labels, adding forestry and rice cultivation methodologies to its roster.

Keep it cool - Japan's Shiroki Corporation, which specialises in environmentally friendly building renovations, has developed what it claims to be the world's first carbon offset methodology for the use of heat-insulating paint. The methodology measures CO₂ emissions reductions achieved through the application of Miracool, which can lower indoor temperatures in the summer and thereby reduce energy consumption, the company announced Thursday. Carbon credits generated based on the methodology will be reviewed and issued by Earthstory, an offset issuance platform operated by Tokyo-based Linkhola.

A Vietnamese project developer said its improved cookstove project in Laos has been approved as eligible under the aviation sector’s global offsetting scheme, making them “among the first in Asia” to secure the designation.

Macao International Carbon Emission Exchange (MEX) has partnered with an infrastructure provider for the global energy transition markets to expand connectivity across global environmental markets and enhance liquidity, it announced Thursday.