Israeli ag tech company issues first verified carbon credits
An Israel-based agricultural technology company has issued its first verified carbon removal (CDR) credits, with plans to “disrupt the global CDR market”, according to its CEO.
Read MoreLCAW26: Financial institutions endorse TFFF ahead of COP17
Twelve investors and one supporter have endorsed the Tropical Forests Forever Facility (TFFF), sharing a joint statement at London Climate Action Week (LCAW) and calling for more signatories ahead of the UN’s upcoming biodiversity talks in October.
Read MoreGlobal business leaders look to sustainability for competitiveness, call for policy certainty across economies -report
The majority of senior leaders across more than 500 global businesses expect sustainability to be a source of competitive advantage over the next five-10 years, according a CEO-led, global business group.
Read MoreForeign entities capture key CDR project roles in Africa, Latin America -study
Organisations positioned to capture value from carbon removal (CDR) projects are often located outside the regions hosting those activities, according to a new analysis focusing on projects across Africa, Asia, and Latin America.
Read MoreNature-based solutions fund raises €124 mln in first close
A new fund aiming to scale up nature-based solutions has raised €124 million in a first close, with a target of sequestering at least 7 mln tonnes of CO2 over 25 years.
Read MoreForest projects sequester carbon but fall short on biodiversity, ecosystem health -study
Most forest carbon projects analysed by a group of researchers failed to improve the wider ecological health of the land they cover, even when they succeeded in reducing deforestation, according to a new study.
Read MoreBloomberg Philanthropies pledges $260 mln to ocean protection
Bloomberg Philanthropies has allocated $260 million to expand ocean conservation worldwide, including in the high seas.
Read MoreBrazilian carbon project developer names new co-CEOs as it eyes expansion
A Sao Paulo-based carbon credit project developer announced on Monday it has appointed two new co-CEOs, as the company looks to grow its project pipeline.
Read MoreFEATURE: Colombian safeguards draft decree could suffocate existing nature-based carbon projects if enacted, market players say
Provisions on crediting periods and the ownership of carbon credits in a draft decree regulating land-based mitigation activities could place even greater financial strain on an already weakened Colombian carbon market if enacted, stakeholders have told Carbon Pulse.
Read MorePetrobras, BNDES announce winners of 5 mln-carbon credit call
Brazil’s state-controlled oil company Petrobras and national development bank (BNDES) announced on Monday the three winners of the pair’s call for contracting 5 million carbon credits.
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