World Bank issues bond to tackle plastic waste, repaying investors with plastic, carbon credits
The World Bank has issued an outcome bond in partnership with a social enterprise whereby the proceeds will be directed towards reducing and recycling plastic waste, generating plastic and carbon credits to provide a financial return to investors.
Read MoreFresh analysis points to limited 2024 impact of Red Sea diversions on EUA demand
Red Sea shipping disruptions will have a relatively modest impact on EUA demand, analysts said in a report published Wednesday, consistent with recent Carbon Pulse analysis, though the effect could be more pronounced next year when a higher proportion of shipping emissions face compliance.
Read MoreINTERVIEW: Sea kelp venture advances science on carbon sequestration, produces agricultural biostimulant
A venture cultivating sea kelp in the waters off Namibia is making headway on proving the carbon sequestration benefits, while harvesting the kelp to produce biostimulant for farmer’s fields.
Read MoreINTERVIEW: Carbon standard expects upcoming approval for Article 6 credit issuance from Singapore
A Colombia-based carbon standard expects to soon be granted approval from Singapore to issue Article 6-aligned credits that would help emitters in the country to meet their obligations under the national carbon tax.
Read MoreInk dries on $1 bln MoU between credit developer and Ghana’s Jospong Group
A Ghana-based diversified holdings company has signed a Memorandum of Understanding (MoU) with a carbon credit developer for technical assistance in the mobilisation of $1 billion in carbon credit financing.
Read MoreFEATURE: Mass movement gains scale to get farmers a fair price in carbon, biodiversity markets
A farmer cooperative is using the power of scale and a collective voice to fetch a fairer price for its members in the carbon and biodiversity markets.
Read MorePlanning underway for industrial carbon capture and utilisation plant in Austria
A clean tech company and a supplier of high-grade refractory products are advancing plans to build a capture carbon and utilisation facility in Austria to make industrial products.
Read MoreINTERVIEW: Venture to fertilise ocean with synthesised whale poo eyes gigatonne-scale carbon removal
A venture using synthesised whale poo to increase carbon sequestration in the ocean says the process has gigatonne-scale mitigation potential and could generate ‘deep blue’ credits in future.
Read MoreDavos 2024: US Energy Transition Accelerator offers a key tool to meeting goal to triple renewables by 2030 -Kerry
The US-led Energy Transition Accelerator (ETA) jurisdictional carbon crediting mechanism to phase out coal globally could be a key lever to helping reach the goal to triple renewables to at least 11,000 GW globally by 2030, said outgoing US climate envoy John Kerry in Davos on Wednesday.
Read MoreEnvironmental commodities investor launches, targets provision of high-quality carbon credits
A new environmental commodities investment company has launched with the aim of delivering flexible financing options for carbon removal and reduction projects and access to high-quality carbon credits at scale.
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