FEATURE: CBAM costs threaten to further decimate Ukrainian exports
Ukraine’s war-torn economy stands to bear some of the greatest strain from the full arrival of the EU’s Carbon Border Adjustment Mechanism (CBAM), imposing a new carbon fee on goods that account for one-fifth of Kyiv’s exports to the bloc – and billions in revenue.
Read MoreKenya-based startup sells Africa’s first ERW carbon credits -media
A Nairobi-headquartered company has sold Africa’s first enhanced rock weathering (ERW) carbon credits, according to Bloomberg.
Read MoreMilan-based startup launches industrial ocean carbon removal site
A Milan-headquartered company has launched its first industrial ocean CO2 removal (CDR) plant in Augusta, Italy.
Read MoreUS financial services company launches blockchain-based carbon credit platform
A Chicago-headquartered financial services firm has launched a blockchain carbon credit platform for institutional buyers, it announced on Thursday.
Read MoreEdinburgh-based startup raises £1 mln for industrial heat decarbonisation technology
An Edinburgh-based company has closed a £1 million pre-seed funding round for its ultra-high temperature thermal energy storage system aimed at decarbonising industrial heat, it announced on Thursday.
Read MoreUK businesses show varied progress towards net zero -survey
A UK survey on corporate net zero progress found that 73% of respondents consider achieving net zero a medium- or high-priority over the next year, only 65% have committed to the 2050 target, and just 48% have set net zero goals to be met within the next decade.
Read MoreEuropean verifier seeks comments for new modular BiCRS methodology
A Paris-headquartered carbon crediting platform has opened a new modular biomass carbon removal and storage (BiCRS) methodology for public consultation, the company announced on Wednesday.
Read MoreMeasurement technology company partners with Toronto-based firm for CDR, CCS value chains monitoring
A measurement and automation technology company has collaborated with a Toronto-based measurement, reporting, and verification (MRV) company for better accuracy, reliability, and traceability in carbon management, according to a press release.
Read MoreMarketplace partners with tech firm to boost transparency in carbon removal with MRV data
A London-based carbon removal (CDR) marketplace has partnered with a carbon tracking tech firm to integrate its measurement, reporting, and verification (MRV) data to boost transparency in the market.
Read MoreOil major plans to make green hydrogen from a converted German refinery
A major fossil fuel company has partnered with a professional services firm to repurpose a hydrocracking refinery in Germany into a base oil production unit and enable the production of renewable hydrogen, they announced on Tuesday.
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