Unified global carbon market key to scaling climate finance, Davos panel says
A unified global carbon market under Article 6 of the Paris Agreement is essential for meeting climate goals, but clear governance and regulations are needed to build trust and drive investment, speakers told a panel at the World Economic Forum (WEF) in Davos.
Read MoreIndustrial clusters can accelerate decarbonisation, but obstacles to clean energy persist -WEF
Creating industrial clusters can help to accelerate the rollout of clean energy infrastructure, helping to achieve economies of scale, share the risks, aggregate and optimise demand, and attract capital, according to a report released on Wednesday.
Read MoreDanish firms partner on 500k-tonne BECCS facility near Copenhagen
A Danish waste-to-energy company has partnered with a fund manager to build a bioenergy with carbon capture and storage (BECCS) site near Copenhagen that could generate carbon credits for corporate buyers, the two firms announced on Tuesday.
Read MoreBRIEFING: Energy transition remains “unstoppable” despite US pullback, UN chief says
The energy transition is “unstoppable” despite US President Donald Trump’s decision to quit the Paris Agreement and roll back on environmental policies, the UN climate chief said in Davos on Tuesday.
Read MoreTanzania to establish clean cooking energy fund linked to carbon trading -media
Tanzania is finalising plans to establish a Clean Cooking Energy Fund aimed at subsidising cooking gas prices for low-income households, with financing tied to carbon credits, local media reported on Thursday.
Read MoreUK firm lands £100 mln to build ‘multi-energy hubs’ for trucks and vans
A London-based clean energy company on Monday announced it had secured £100 million from a specialist global investment manager to construct the UK’s first multi-energy hubs designed to help decarbonise commercial road transport fleets.
Read MoreEstonian agtech completes large-scale soil sampling for future carbon credits
An Estonia-based agtech company on Thursday announced it has completed a cross-border soil sampling campaign in Europe to generate carbon credits under the Verra standard.
Read MoreUK startup raises $13 mln to scale limestone-based DAC technology
A London-headquartered limestone-based carbon removal (CDR) provider announced Thursday it has secured $13 million in Series A funding.
Read MoreShopify ends 2024 with $36.3 mln in carbon removal deals
Shopify spent $36.3 million on carbon removal (CDR) in 2024, increasing its total commitment to $83.9 million, the e-commerce company announced on Thursday.
Read MoreFrench firm launches drone-based AI tool to monitor reforestation carbon projects
A Paris-based startup has introduced a drone-based artificial intelligence tool to monitor and manage reforestation carbon projects.
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