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- The government of Kazakhstan announced a memorandum of understanding (MoU) under Article 6.2 of the Paris Agreement regarding a forestry project targeting more than 1.2 million tonnes of CO2 removals.
- Wed 22:59The standard body is cutting project review timelines, rolling out digital systems, as well as expanding Article 6 and CORSIA labelling guidance, it said in a Wednesday stakeholder update, as it also published auditor scorecards on the same day.
- Wed 22:45Remote sensing-based models used for forest carbon projects are unlikely to incorporate tree species identification due to cost constraints, with speakers instead highlighting the role of time-series biomass data in assessing forest carbon projects at a Wednesday webinar.
- Wed 22:39A Brazilian startup focused on the development of monitoring, reporting, and verification (MRV) technology for carbon crediting in agriculture has raised R$10.8 million ($2.15 mln) to expand its business, it announced on Wednesday.
- A US-based aerospace company has procured 20,000 carbon removal (CDR) credits from six suppliers across the globe via a UK-based marketplace, it was announced Wednesday.
- Wed 15:00Verra has reinstated eight carbon projects in China following the conclusion of quality control reviews (QCRs), but probes are continuing in another 27 projects, it announced Wednesday.
- Wed 13:57A carbon removal expert that had been working for the UK government has joined a voluntary market registry and standard body.
- Wed 13:56The Science Based Targets initiative (SBTi) has announced an update to its “absolute contraction approach”, a key method used by companies to set emissions reduction targets, in a move aimed at improving consistency and implementation while preserving net zero ambition.
- An established carbon markets expert has departed the British fossil fuel producer BP to join another large oil and gas company, they announced Wednesday.
- Wed 11:50Biochar partners - Berlin-based software platform BlueLayer has partnered with Indian developer LongStraw Carbon to produce around 10,000 tonnes of biochar within a year, with a target of 100,000 tonnes annually by 2028, it said in a LinkedIn post. LongStraw uses proprietary thermal processing technology to generate biochar alongside energy and bio-oil, while working with farmers and millers to improve soil health and reduce fossil fuel use. BlueLayer will provide dMRV infrastructure, to support issuance of carbon credits under Isometric’s methodology.
- Wed 10:46A flurry of Sub-Saharan African clean cookstoves were cleared to generate international carbon credits this past month, injecting fresh supply into the aviation offsetting scheme CORSIA, and the wider international market.
- Wed 07:30An India-based climate startup has raised $1.1 million in a funding round to help scale its carbon removals platform focused on nature-based solutions.
