World Bank seeks experts to develop REDD+ carbon programmes in Upper Guinean Forests

Published 13:07 on January 14, 2025  /  Last updated at 13:07 on January 14, 2025  / /  Africa, Biodiversity, EMEA, Nature-based, Voluntary

The World Bank has issued a tender seeking consultants to develop roadmaps and carbon emissions reduction programmes under REDD+ to combat deforestation and degradation in the biodiversity-rich Upper Guinean Forests.

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INTERVIEW: Ocean-based CDR firm secures major aviation-backed carbon removal deal

Published 12:00 on January 14, 2025  /  Last updated at 13:02 on January 14, 2025  / /  Americas, Asia Pacific, Nature-based, Other APAC, US, Voluntary

An ocean-based carbon removal (CDR) provider will sequester 200,000 tonnes of CO2 over four years under a new agreement that, according to a company executive, represents the largest deal of its kind in the industry, backed by an aviation-focused sustainability investment firm.

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UK-based chip manufacturer partners with ERW developer to offer carbon credits

Published 16:44 on January 13, 2025  /  Last updated at 16:44 on January 13, 2025  / /  EMEA, Voluntary

A Cambridge-headquartered microcomputer producer has partnered with an enhanced rock weathering (ERW) company to offer carbon removal credits for buyers of its single-board computers.

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New carbon insetting programme aims to tackle agri-supply chain emissions

Published 15:19 on January 13, 2025  /  Last updated at 15:19 on January 13, 2025  / /  Africa, Americas, Asia Pacific, EMEA, Other APAC, South & Central, US, Voluntary

A London-based regenerative agriculture initiative has launched a global carbon insetting programme designed to address emissions in agricultural commodity supply chains.

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EU aviation growth trajectory to deplete carbon budget by 2026 -report

Published 14:23 on January 13, 2025  /  Last updated at 14:23 on January 13, 2025  / /  Aviation/CORSIA, EMEA, EU ETS, International

Europe’s aviation industry is set to double passenger traffic by 2050, a trajectory “irreconcilable” with the region’s climate goals, with the sector on course to deplete its carbon budget as early as 2026, according to a report released on Monday.

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Fortum sets SBTi-validated targets, net zero goal by 2040

Published 15:33 on January 9, 2025  /  Last updated at 15:33 on January 9, 2025  / /  EMEA, Voluntary

Finnish energy company Fortum announced Thursday that its near- and long-term emissions reduction targets, along with its net zero target for 2040, have been approved by the Science Based Targets initiative (SBTi).

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Developer completes validation of carbon project in Sierra Leone under Verra reforestation methodology

Published 14:31 on January 9, 2025  /  Last updated at 14:31 on January 9, 2025  / /  Africa, Americas, Canada, EMEA, Nature-based, Voluntary

A Canada-based project developer announced Wednesday it has completed third-party validation of its first large-scale reforestation carbon credit project in Sierra Leone.

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Countries must standardise MRV systems to scale carbon removals -report

Published 11:10 on January 9, 2025  /  Last updated at 11:10 on January 9, 2025  / /  Americas, Asia Pacific, EMEA, Japan, Voluntary

Governments should align their measurement, reporting, and verification (MRV) frameworks to streamline global carbon removal (CDR) efforts, according to a recent Japan-sponsored report.

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US orphaned well non-profit launches insurance-backed carbon credit programme

Published 15:20 on January 8, 2025  /  Last updated at 15:20 on January 8, 2025  / /  Americas, US, Voluntary

A US non-profit dedicated to plugging orphaned oil and gas wells across the country will now offer insured carbon credits from methane abatement, it announced Wednesday.

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Poland should leverage presidency to support EU engagement with Article 6, expert says

Published 14:49 on January 8, 2025  /  Last updated at 14:49 on January 8, 2025  / /  EMEA, EU ETS, International, Paris Article 6

Poland should use its presidency of the Council of the EU to advocate reforms promoting international cooperation in the bloc’s climate policy, including reopening its cap-and-trade carbon market to international credits, an expert at a Polish government-affiliated organisation said on Tuesday.

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