Swedish carbon accounting software firm eyes expansion through startup acquisition

Published 09:00 on November 5, 2024  /  Last updated at 22:34 on November 4, 2024  / /  EMEA, Voluntary

A Stockholm-based carbon accounting platform has acquired a fellow Nordic carbon accounting firm for an undisclosed amount, the company announced on Tuesday.

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Drax pushes back on findings that BECCS system will increase UK emissions until 2050

Published 17:01 on November 4, 2024  /  Last updated at 17:01 on November 4, 2024  / /  Americas, EMEA, US, Voluntary

UK power company Drax is disputing research suggesting that its bioenergy with carbon capture and storage (BECCS) system, using wood pellets sourced from Drax’s southern US mills, would lead to a rise in CO2 levels until around 2053, compared to a scenario without the technology.

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Client mapping of Big Six PR firms reveals potential conflicts of ‘climate interest’ -report

Published 16:36 on November 4, 2024  /  Last updated at 16:36 on November 4, 2024  / /  Americas, EMEA, International, US

Client mapping of the Big Six PR and advertising agency holdings indicates significant potential “conflicts of climate interest”, where clients of the same company advocate for opposing climate policies, according to a recent report.

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Climate adaptation significantly underfunded in low-income, low-emission countries -report

Published 10:13 on November 1, 2024  /  Last updated at 10:13 on November 1, 2024  / /  Africa, Americas, EMEA, International, US

Climate finance flows from multilateral development banks (MDBs) are falling short on adaptation support for low-income, low-emission countries, according to a new report released on Thursday.

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BRIEFING: Carbon credits risky, yet key to net-zero goals -webinar

Published 16:53 on October 31, 2024  /  Last updated at 17:00 on October 31, 2024  / /  Climate Talks, EMEA, International, Nature-based, Voluntary

Businesses still see carbon credits as a high-risk investment, citing limited policy guidance and a market rife with controversy, speakers told a webinar this week, but corporate offsetting is key to reaching net-zero goals and could soon become mandatory.

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World Bank, IDB introduce guidelines for sustainable finance instruments in the Amazon

Published 13:17 on October 31, 2024  /  Last updated at 00:28 on November 1, 2024  / /  Americas, Biodiversity, South & Central

The Inter-American Development Bank (IDB) and the World Bank this week announced new guidelines for Amazonia Bonds, a capital markets instrument aimed at financing projects that benefit biodiversity, local communities, and zero-deforestation initiatives across the Amazon.

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Carbon market data firm, research institute launch interactive CDR tool

Published 22:40 on October 30, 2024  /  Last updated at 23:13 on October 30, 2024  / /  EMEA, International, Nature-based, Voluntary

A London-based research institute and a carbon market data provider have unveiled an interactive tool to provide transparency to monitoring, reporting, and verifying (MRV) protocols for carbon removal (CDR), the two organisations announced on Wednesday.

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Nature-based solutions standard launches new digital portal for carbon project certification

Published 12:02 on October 30, 2024  /  Last updated at 12:02 on October 30, 2024  / /  EMEA, Nature-based, Voluntary

A London-headquartered standard has launched an online portal to improve the efficiency of the certification process for nature-based carbon offset projects, the organisation announced this week.

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E-commerce giant partners with battery startup to boost solar storage

Published 14:27 on October 29, 2024  /  Last updated at 14:38 on October 29, 2024  / /  Americas, EMEA, US, Voluntary

Global online retail firm Amazon has partnered with a Swiss battery startup to trial a new battery technology to address the limitations of solar energy storage in 24/7 operations, the two companies announced on Tuesday.

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Spanish farming association launches carbon credit project for the swine sector

Published 10:52 on October 29, 2024  /  Last updated at 10:52 on October 29, 2024  / /  EMEA, Voluntary

A Spanish agricultural organisation has launched a project aimed at generating carbon credits from the livestock sector, targeting pollution reduction and emissions control in pig farming.

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