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- Verra has opened a consultation on a major revision to its methodology for projects that use captured waste CO2 in concrete production.
- Mon 12:43A North American forestry standards organisation and a US-based non-profit have partnered on a pilot forest analytics tool for carbon reporting, wildfire mitigation, and resilience planning across timber sourcing areas, the two announced.
- Mon 12:13Seed round - Swiss carbon removal developer Arrhenius has closed a seed funding round to scale its microalgae-based CO2 removal and biomass storage technology, it announced last week on LinkedIn. The undisclosed funding will support construction of a 500-square-metre pilot plant combining carbon removal with wastewater treatment, as well as preparations for the company’s first commercial facility abroad. Investors included CTA, Young Ventures, and angel investors Thomas Krumbeck and Ralf Wildenhues. The pilot will test the technology under real-world conditions ahead of commercial deployment.
- Mon 11:06A multi-company partnership for sustainability and a London-based bank have jointly launched a programme to coach high-potential initiatives in the nature-based solutions (NbS) space across the Middle East, North Africa, and Turkiye (MENAT), and Southeast Asia.
- Mon 10:32A London‑based financial services platform has taken a “bold” long‑term position on aviation compliance credits, with senior executives saying the firm is structurally long on CORSIA‑eligible units and is leaving most of its exposure to future prices unhedged.
- Mon 10:26An Icelandic carbon crediting standard has launched a public consultation on proposed revisions to rules governing project development, methodologies, validation, and verification across its programme.
- ETS cap plea - Brussels-based industry association Ammonia Europe on Thursday called for the EU to slow the reduction of the EU ETS cap and phase out free allowances more gradually to protect European ammonia production. In its position on the upcoming ETS review, the group also proposed a crisis mechanism to release additional EUAs during sharp price spikes, greater use of ETS revenues for industrial decarbonisation, and stronger support for CCS and CCU. It further backed extending the maritime ETS to vessels of 400-5,000 gross tonnes and directing shipping-related ETS revenues towards alternative fuel infrastructure and projects.
