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Gettin' Ziggo with it - Dutch telecom VodafoneZiggo has partnered with Danish carbon removal specialist Klimate to source a portfolio of CDR credits, as part of its plan to reach net zero emissions by 2030. Under the agreement, VodafoneZiggo aims to cut operational emissions by 90% from a 2018 baseline, with the remaining 10% to be neutralised through carbon removal. The company plans to scale its use of CDR credits from around 1% of emissions currently to 10% over the next five years, reflecting expectations of rising demand for removals as climate targets tighten. Klimate will curate a portfolio of projects spanning nature-based and engineered removals, with an emphasis on quality and long-term carbon storage. Initial investments include reforestation and land restoration through the EthioTrees project, as well as biochar production via Carboneers, which converts agricultural waste into stable carbon stored in soils. The deal underscores growing corporate interest in securing early access to high-quality CDR supply, in a market that remains nascent but is expected to expand rapidly as companies move to address residual emissions on the path to net zero.
- Sat 01:49Microsoft has suspended its carbon removal (CDR) buying programme, according to several sources, in a move that threatens to upend a nascent but fragile market heavily reliant on the tech giant’s demand.
- Sat 00:51Bundle up - Tech-enabled logistics company Wayfindr has suspended its voluntary carbon offsetting programme while it overhauls its emissions tracking platform, temporarily removing demand from the VCM. The company said it has offset 100% of its logistics emissions since 2021 but is pausing the programme to prioritise development of Bundle 2.0, an upgraded platform it said will provide shipment-level emissions visibility and give clients the choice to offset fully, partially, or not at all. The relaunch is expected in late 2026 or 2027.
- Sat 00:06Dirt rich - Ukrainian grain producer Kernel has entered the international audit phase of a Verra-certified soil carbon sequestration project covering 15,000 hectares in the Chernihiv region, with issuance of Verified Carbon Standard (VCS) credits contingent on successful verification expected within a year. The company is partnering with carbon project developer Sentinel Earth, is applying variable-rate fertiliser application, biological inputs, and cover crops across the pilot area, with project data feeding into programmes run by the European Bank for Reconstruction and Development (EBRD), the Food and Agriculture Organization of the United Nations (FAO), and NASA Harvest. The company said scaling the project follows verification, positioning it as a potential supplier to corporate buyers seeking to offset emissions.
- Fri 20:13Allowing some forms of “double claiming” in the voluntary carbon market (VCM) could help channel corporate finance to underfunded municipal climate projects, a newly published paper argued.
- Kernel audit - Ukrainian agribusiness Kernel has begun an international audit of a 15,000-hectare soil carbon project in the country under Verra’s Verified Carbon Standard, with Sentinel Earth as a partner and data contributions supporting initiatives by the EBRD, FAO, and NASA Harvest. The project applies practices such as variable-rate fertilisation, biological inputs, and cover crops to reduce emissions and enhance soil carbon sequestration, with results now undergoing independent verification for conversion into carbon credits. If successful, Kernel said the initiative could generate credits priced at roughly $15-30 per tonne, support farm income and soil restoration in war-affected areas, and be scaled further, with potential demand from major corporates seeking offsets.
- Fri 18:24Next phase – Hempalta Corp. said on Friday that shareholders overwhelmingly approved a corporate rebrand and other measures at its annual meeting, including plans to rename the company and consolidate shares. The Calgary-based company said more than 99% of votes cast supported changing its name to Next Phase Ventures Ltd., alongside backing for board appointments, a stock option plan, and auditor approval. It added the timing and basis of any share consolidation will be determined later by the board, likely tied to a future transaction or financing, and subject to regulatory and market conditions. Hempalta is also continuing to seek subscriptions under its existing private placement and is evaluating a strategic shift towards consumer retail and e-commerce, while maintaining its hemp and carbon-focused business lines.
- The carbon removal (CDR) sector saw smaller buyers take a larger share of the overall market in the first quarter of 2026, as the nascent industry looks to diversify demand away from large tech firms.
- Fri 16:31Renewable energy generation concessions being considered by Tunisia’s parliament won't be profitable without carbon finance, and must therefore occur within a carbon crediting and benefit-sharing framework, the country’s environment minister said this week according to local media.
- Fri 13:06Trading on Indonesia’s carbon exchange rebounded in March after February saw a sharp slump, driven by a rise in credit retirements, bourse data showed Friday.
- Fri 13:03First production of new hydrogen-powered portable cookers that aim to generate voluntary carbon credits and promise zero CO2 emissions is due to begin in the third or fourth quarter of this year, the developer confirmed on Friday.
- Reforms to the EU ETS that ease prices in the cap-and-trade compliance carbon market would reduce the incentive to scale engineered CO2 removal technologies, according to experts, though complementary financing measures will also be essential to meet the bloc's negative emissions goals.
- The International Organisation for Standardisation (ISO) switched up its geological CO2 storage standard last month, perhaps opening a window for the carbon capture, usage, and sequestration (CCUS) sector amid US environmental rollbacks, a law firm has said.
- Fri 09:52A major supplier in the global tech supply chain has tapped into nature-based carbon, starting with a mangrove restoration project in Vietnam.
- Fri 06:09A Malaysian oil and gas company has joined a carbon offsetting programme run by Shell to balance emissions linked to its fuel operations, it said this week.
- Fri 02:42MMA MRV meeting - Brazil's environmental ministry (MMA) held the fourth meeting of its Technical Working Group on Measurement, Reporting, and Verification (GTT MRV) of the National Commission for REDD+ (CONAREDD+) recently. The group initiated discussions on methodologies for certifying forest carbon credits under Brazil's future ETS (Portuguese: SBCE). Divided into subgroups, participants debated aspects such as the scope of methodologies, definition of forest, baselines, quantification of emissions, risks, and monitoring systems within the context of national REDD+ mechanisms and jurisdictional programmes.
- Fri 01:27Verra has released updated guidance for projects seeking to apply Article 6 and/or UN aviation offsetting scheme CORSIA labels to carbon credits generated under its Verified Carbon Standard (VCS) Programme, it announced Thursday.
