US gov’t announces $150 mln in funding for connecting small forest landowners to voluntary carbon market
US President Joe Biden’s administration on Tuesday announced it will allocate $150 mln in grants to organisations that assist underserved and small acreage landowners in accessing revenue from the sale of carbon credits.
Read MoreUS government announces largest-ever investment in engineered carbon removal
US President Joe Biden’s administration revealed on Friday that it will provide $1.2 bln in funding to advance the development of the nation’s first commercial-scale direct air capture (DAC) facilities.
Read MoreUS alternative investment firm proposes standardised carbon credit rating system
A standardised way of grading carbon credits can establish transparency and consistency in the market while improving upon the current methods of existing ratings agencies, a US-based alternative asset manager said in a white paper published Thursday.
Read MoreCanadian companies announce carbon removal pilot facility in southern Quebec
Two Canada-based firms will construct a pilot carbon capture facility to sequester up to 1,000 tonnes of CO2 annually and support a wide rollout of removal technology across Canada, the companies announced Wednesday.
Read MoreAmazon countries agree on cooperation, highlight need for financing in efforts to protect rainforest
Eight countries home to the Amazon rainforest have agreed to advance innovative financing options to help protect the massive territory, according to a joint declaration issued late on Tuesday that failed to include a pledge to end deforestation by 2030.
Read MoreEU-funded initiative issues call for Global South partners to implement Article 6 carbon markets
Three countries from the Global South will be chosen to take part and receive support in developing tools and guidance for integrating Article 6 emission trade approaches into their national climate strategies, according to a funding call issued on Monday.
Read MoreOregon-based carbon services company launches new forest project standard
A small Oregon carbon services provider has introduced a new independent GHG programme for the validation and monitoring of community and nature-based projects, the company announced this week.
Read MoreCanada-based VER investor sees Q2 income skyrocket after monetising first credit batch
A Toronto-headquartered voluntary carbon financier saw its net income turn from red to the black during the second quarter after receiving its first credit issuance and subsequently monetising those units, the company announced Wednesday.
Read MoreMajor companies lagging in efforts to decarbonise shipping industry -report
Some of the world’s largest corporate retailers and carriers need to take responsibility for their emissions and step up to tackle climate change, as current efforts are significantly lacking in several areas, an environmental organisation alliance said in a report published Thursday.
Read MoreClimate change threat to tropical forests more imminent than thought -study
The canopies of the world’s tropical forests may be approaching vital high-temperature thresholds faster than previously thought, according to recent study.
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