Investor to offset full-scope emissions via Canadian voluntary carbon project developer

Published 12:51 on December 17, 2024  /  Last updated at 12:51 on December 17, 2024  / /  Americas, Canada, EMEA, Nature-based, Voluntary

A German investment firm will offset its Scopes 1-3 emissions through a partnership with Canadian voluntary carbon project developer, it announced Monday.

Read More

Swiss company invests in ‘carbon negative’ hydrogen-biochar startup

Published 10:17 on December 17, 2024  /  Last updated at 10:17 on December 17, 2024  / /  EMEA

A Swiss energy firm has acquired a minority stake in a hydrogen-biochar startup, the two companies announced Monday.

Read More

Carbon removal registry sees 2024 retirements surpass 150k

Published 16:07 on December 16, 2024  /  Last updated at 16:07 on December 16, 2024  / /  Americas, Asia Pacific, EMEA, Voluntary

A carbon removal registry has seen annual retirements breach 150,000 tonnes for the first time in a market still massively dominated by Europe and the US.

Read More

ICVCM stresses difference of opinion “healthy” after carbon experts step down over REDD+ decision

Published 16:21 on December 13, 2024  /  Last updated at 16:21 on December 13, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

The Integrity Council for the Voluntary Carbon Market (ICVCM) has underlined that internal differences in opinion are important after members of the stakeholder initiative’s expert panel stepped away from the organisation over a recent decision to approve three REDD+ forestry crediting methodologies.

Read More

Climate fund opens call for carbon removal proposals

Published 09:14 on December 13, 2024  /  Last updated at 09:14 on December 13, 2024  / /  Americas, Asia Pacific, EMEA, Voluntary

A climate fund has opened its 2025 call for proposals for durable carbon removal projects, it announced Friday.

Read More

US awards $335 mln to fund sustainable forestry

Published 06:09 on December 13, 2024  /  Last updated at 13:37 on December 13, 2024  / /  Americas, Nature-based, US, Voluntary

The US Department of Agriculture announced this week awards of nearly $335 million in financial incentives under the flagship Inflation Reduction Act (IRA) for private forest landowners to manage their forests sustainably in partnership with states.

Read More

UK plans “once-in-a-generation” energy investment blitz in bid to hit 2030 clean power target

Published 00:01 on December 13, 2024  /  Last updated at 08:24 on December 13, 2024  / /  EMEA, UK ETS

The UK has unveiled a plan requiring hundreds of billions in investment to massively scale clean energy by 2030, as part of a strategy published Friday that outlines how the country will achieve at least 95% clean power by the end of the decade.

Read More

Google-backed rock weathering startup raises $60 mln to scale carbon removal

Published 16:44 on December 12, 2024  /  Last updated at 16:44 on December 12, 2024  / /  Americas, South & Central, US, Voluntary

An enhanced rock weathering startup has raised nearly $60 million and secured around 300,000 tonnes in advanced purchase agreements to scale its carbon removal solution.

Read More

Integrity Council approves Verra ARR methodology, carbon removal standard for quality stamp

Published 11:10 on December 12, 2024  /  Last updated at 20:02 on December 12, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved Verra’s VM0047 methodology for its Core Carbon Principles (CCPs) quality label, as well as a fast-growing carbon removal standard, according to an announcement Thursday.

Read More

Tech giants launch bid to buy 20 mln forest carbon credits by 2030

Published 16:56 on December 11, 2024  /  Last updated at 16:56 on December 11, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

An advance market commitment for nature-based carbon removal, made up of a group of large technology companies, has launched its first request for proposals including methodology-related critera, as it aims to contract up to 20 million credits by 2030.

Read More