World Bank, IDB introduce guidelines for sustainable finance instruments in the Amazon
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.
Read MoreCarbon market data firm, research institute launch interactive CDR tool
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.
Read MoreNature-based solutions standard launches new digital portal for carbon project certification
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.
Read MoreE-commerce giant partners with battery startup to boost solar storage
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.
Read MoreSpanish farming association launches carbon credit project for the swine sector
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.
Read MoreIceland proposes mileage tax on fossil fuel vehicles, doubles carbon tax
Iceland’s Ministry of Finance and Economic Affairs submitted a bill to parliament last week proposing a new mileage tax on fossil fuel-powered vehicles.
Read MoreEmissions from the wealthiest 1% would exhaust global carbon budget in five months if matched worldwide -report
The global carbon budget would be exhausted in under five months if everyone emitted carbon at the same rate as the world’s wealthiest 1%, according to a report published on Monday.
Read MoreUzbekistan sets groundwork for entry into international carbon markets
A two-day seminar organised by a global financial institution and Uzbekistan’s economy ministry discussed the Central Asian country’s participation in international carbon markets, local media reported.
Read MoreTwo Finnish firms partner to test carbon nanofibers in concrete
Two Finland-based low-carbon technology companies have signed a commercial agreement to evaluate how carbon nanofibers might improve the strength of concrete and lower its carbon emissions, the firms announced on Monday.
Read MoreUS project developer receives 1.9 mln carbon credits for orphan well plugging
An Oklahoma-based project developer has been issued nearly 1.9 million carbon credits for an orphan oil and gas wells plugging project in the US state.
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