Maritime compliance firm raises €5 mln to expand EU ETS solutions

Published 10:36 on September 3, 2024  /  Last updated at 10:38 on September 3, 2024  / /  EMEA, EU ETS, International, Shipping

A provider of emissions data and compliance management solutions for the maritime industry has closed a €5 million Series A financing round, according to a press release.

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Power sector sees CO2 emissions rise ahead of stricter climate policies -report

Published 16:04 on September 2, 2024  /  Last updated at 16:04 on September 2, 2024  / /  Americas, Asia Pacific, EMEA, International, Paris Article 6

Power plants around the world are emitting more CO2 in anticipation of stricter climate policies that could render fossil fuel reserves worthless, according to a new report.

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Japanese companies partner on Verra-certified forest carbon credits

Published 09:48 on September 2, 2024  /  Last updated at 09:48 on September 2, 2024  / /  Asia Pacific, Japan, Nature-based, Voluntary

Eight Japanese companies have partnered with the government of Hamamatsu City to generate Verified Carbon Standard (VCS)-certified credits using the Improved Forest Management (IFM) methodology, according to a press release.

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Timber and pulp sector falls short on zero deforestation disclosure -report

Published 15:06 on August 30, 2024  /  Last updated at 15:07 on August 30, 2024  / /  Biodiversity, EMEA, International

The tropical timber and pulp industry is falling far short of reporting on its zero deforestation commitments, a new report finds.

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Enhanced rock weathering carbon startup wins capital funding from utilities giant

Published 10:00 on August 30, 2024  /  Last updated at 10:00 on August 30, 2024  / /  Americas, US, Voluntary

An enhanced rock weathering startup has secured venture capital financing from a utility corporation, according to a press release.

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Meta reaffirms commitment to carbon removal strategy

Published 12:03 on August 29, 2024  /  Last updated at 12:03 on August 29, 2024  / /  Americas, Nature-based, US, Voluntary

Meta, the parent company of social media platform Facebook, will continue to invest in carbon removal projects as part of its climate strategy, the technology giant said in its 2024 sustainability report.

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HeavyFinance partners with Lithuanian agribusiness on carbon farming

Published 09:07 on August 29, 2024  /  Last updated at 09:07 on August 29, 2024  / /  EMEA, Nature-based, Voluntary

Climate tech investor HeavyFinance has partnered with an agribusiness firm to turn 300,000 hectares of agricultural land in Lithuania to regenerative farming practices, according to a press release.

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ICE launches satellite platform to track cocoa and coffee deforestation

Published 14:04 on August 28, 2024  /  Last updated at 14:04 on August 28, 2024  / /  EMEA, Nature-based

Energy and commodities marketplace Intercontinental Exchange (ICE) will utilise its investment in a satellite data startup to ensure its coffee and cocoa trade meets EU deforestation standards.

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Fintech startup debuts debt financing tool for voluntary carbon project developers 

Published 12:50 on August 28, 2024  /  Last updated at 12:50 on August 28, 2024  / /  EMEA, Voluntary

A fintech company has introduced a tool that enables carbon project developers to simulate the effects of different debt scenarios on their cash flow, the company announced.

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Brazilian voluntary carbon certifier opens public call for verification bodies

Published 09:10 on August 28, 2024  /  Last updated at 09:10 on August 28, 2024  / /  Americas, Nature-based, South & Central, Voluntary

A Brazil-based voluntary carbon standard has opened a public call for the registration of validation/verification bodies (VVBs) interested in participating in its certification programmes.

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