Carbon crediting platform updates rock weathering methodology

Published 14:41 on October 24, 2024  /  Last updated at 14:41 on October 24, 2024  / /  EMEA, Voluntary

A carbon removal registry has issued a “minor update” to its Enhanced Rock Weathering (ERW) methodology to add more detail and clarity around monitoring, reporting, and verification (MRV) requirements, the platform announced on Thursday.

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Swiss carbon removal firm partners with US investment bank to remove 40,000 tonnes of CO2

Published 11:00 on October 24, 2024  /  Last updated at 15:24 on October 23, 2024  / /  Americas, EMEA, US, Voluntary

A Zurich-headquartered direct air capture (DAC) company has partnered with an American financial services institution to permanently remove 40,000 tonnes of CO2 from the atmosphere, the company announced on Thursday.

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‘Big Three’ dominate fossil fuel emissions in the Commonwealth -report

Published 18:00 on October 23, 2024  /  Last updated at 14:30 on October 23, 2024  / /  Australia, Canada, EMEA, International

The UK, Australia, and Canada dominated fossil fuel extraction and its associated carbon emissions across the 56 Commonwealth countries in 2023, despite accounting for just 6% of the population in the group, according to a new report released on Wednesday as Commonwealth leaders meet for a summit.

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AI materials company secures funding to boost R&D in carbon removals, SAF, solar cells

Published 15:05 on October 23, 2024  /  Last updated at 15:05 on October 23, 2024  / /  Asia Pacific, Aviation/CORSIA, EMEA, Other APAC

A London-based firm that leverages AI to manufacture new materials has raised an undisclosed sum to accelerate research and development (R&D) of climate technologies, including sustainable aviation fuel (SAF), solar cells, and carbon removal, the company announced Tuesday.

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UK-based firm raises €23.7 mln to scale point-source carbon capture technology

Published 13:24 on October 22, 2024  /  Last updated at 13:24 on October 22, 2024  / /  EMEA, UK ETS, Voluntary

A UK-headquartered carbon capture company has raised €23.7 million in a Series A2 funding round, the firm announced on Tuesday.

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Off-grid solar provider selected for World Bank-backed project in Kenya

Published 11:55 on October 22, 2024  /  Last updated at 11:55 on October 22, 2024  / /  Africa, Americas, EMEA, US, Voluntary

A San Francisco-headquartered off-grid solar provider has been chosen to participate in a World Bank-funded government programme in Kenya that aims to boost the adoption of off-grid solar home system and clean cookstoves in rural counties, the company announced on Tuesday. 

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Germany launches consultation on strategy for negative emissions -media

Published 16:17 on October 21, 2024  /  Last updated at 16:17 on October 21, 2024  / /  EMEA

The German government has opened its first online consultation to assess CO2 removal and storage methods as part of the country’s planned long-term negative emissions strategy, according to media sources.

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UK CCUS ambitions potentially ‘misleading’, ‘waste of money’ -report

Published 15:36 on October 21, 2024  /  Last updated at 15:41 on October 21, 2024  / /  EMEA, UK ETS

The UK government’s recent £21.7 billion funding announcement for carbon capture, utilisation, and storage (CCUS) projects “is low on details and high on rhetoric”, and will likely result in “the waste of public money”, according to new analysis.

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Russian carbon registry conducts first int’l sale

Published 09:24 on October 21, 2024  /  Last updated at 09:24 on October 21, 2024  / /  EMEA, Nature-based, Voluntary

The Russian Carbon Units Registry has conducted its first international sale of carbon credits from a forest project in Krasnoyarsk to an investment fund in the United Arab Emirates, local media reported last week.

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BRIEFING: How to achieve zero-emission buildings – an explanatory guide

Published 14:28 on October 18, 2024  /  Last updated at 14:28 on October 18, 2024  / /  EMEA, EU ETS, International

Only deep, sector-wide emissions cuts in the buildings sector can keep global warming within safe limits, a webinar hosted by the Science Based Targets initiative (SBTi) heard on Thursday.

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