German startup raises €10 mln to advance forest MRV for carbon credits
A Munich-based company has secured €10 million in Series A funding to expand its operations across Europe and improve its platform for monitoring, reporting, and verification (MRV) of forest carbon projects, the company announced on Wednesday.
Read MoreThermal energy storage could cut costs by 30-150% while decarbonising industrial heat -report
Thermal energy storage (TES) could reduce energy costs by 30-150% while helping to decarbonise industrial processes and stabilise power grids, according to a new report released on Tuesday.
Read MoreICE to launch new carbon registry platform, host ACR, ART credits
The Intercontinental Exchange announced Tuesday it will launch a new digital platform in late 2025 to streamline carbon credit lifecycle management, with Winrock International’s Environmental Resources Trust (ERT) serving as its first partner.
Read MoreEuropean capacity markets have funnelled over €50 bln to fossil fuels since 2015 -report
Capacity markets across Europe have allocated nearly €53 billion in public subsidies to fossil power plants since 2015, funded through a levy on energy bills aimed at ensuring the lights are kept on at all times, a new report published on Tuesday has revealed.
Read MoreOver 30% of corporate carbon emissions target outcomes lacked accountability in 2020 -report
Around one-third of corporate emissions target outcomes set for 2020 lacked accountability, with limited transparency surrounding their outcomes, according to a recent study.
Read MoreFrench research institute launches deforestation mapping tool for carbon credits in Global South
A France-based agronomic research agency has introduced a free software tool to help countries in the Global South map deforestation risks and meet REDD+ carbon credit certification requirements.
Read MoreOslo waste incinerator resumes BECCS project, eyes carbon credit market
Norway’s largest waste-to-energy plant located in Oslo has resumed construction on its bioenergy with carbon capture and storage (BECCS) facility, which aims to generate credits for the voluntary carbon market (VCM), the company announced on Monday.
Read MoreGlobal Carbon Council submits application for programme-level assessment to ICVCM
The Global Carbon Council (GCC) announced Friday it has submitted its programme-level assessment application to the Integrity Council for the Voluntary Carbon Market (ICVCM).
Read MoreUK appoints former COP president as chair of the Transition Finance Council
The UK government and the City of London Corporation have appointed a former COP president as chair of the Transition Finance Council, they announced on Thursday.
Read MoreUS startup raises $26 mln for synthetic gas DAC system
A US-based direct air capture (DAC) firm has raised $26 million to complete the development of its flagship system and deploy it at a desert test site, the company announced this month.
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