MENA Roundup: Morocco, Oman build carbon market vision and infrastructure
Morocco this month inked another bilateral Article 6.2 agreement, as the government is finally putting in place market infrastructure to support its ‘learning by doing’ approach, while Oman produced a concrete roadmap outlining its carbon market priorities.
Read MoreGerman airline customers offset nearly 1 MtCO2 in 2025 via climate contribution programme
A Germany-based airline has announced that its customers contributed to climate protection projects covering more than 710,000 tonnes of CO2 in 2025, an increase of around one-fifth year-on-year.
Read MoreClimeworks CEO urges diversification of carbon removal buyers
The CEO of large carbon removal developer Climeworks has called on governments and corporations to expand their support for new technologies, warning that the industry cannot rely on a small group of early adopters to scale operations fast enough to meet global climate goals.
Read MoreBelgian firm raises €17.5 mln to scale plasma-based CO2 utilisation technology
A Belgian startup has raised €17.5 million in Series A funding to scale its plasma-based carbon utilisation technology, it announced Tuesday.
Read MoreCarbon removal registry certifies module for mobile biochar production
A removals registry has certified a new module for biochar produced in mobile reactors, supporting projects that transport reactors between sites.
Read MoreNew carbon capture, utilisation plant starts producing low-carbon aggregates in Spain
A €20 million carbon capture and utilisation (CCU) plant has begun producing low-carbon aggregates at the Port of Bilbao in Spain, using industrial CO2 from a nearby refinery and thermal residues that would otherwise typically be sent to landfill.
Read MoreBarossa project economics remain strong as carbon costs stay below forecasts, Santos says
Australian oil and gas company Santos has remained optimistic about the financial viability of its Barossa gas project, supported by high LNG prices and lower-than-anticipated carbon costs.
Read MoreFirst transaction under EU’s CRCF scheme to deliver credits in 2029
The first EU-backed transaction registered under the bloc’s Carbon Removals and Carbon Farming (CRCF) scheme will deliver its initial credits in 2029, according to the partners involved in the project.
Read MoreLawsuits by oil majors over CO2 storage risks derailing EU climate goal, NGO warns
Major oil and gas companies are taking the European Commission to court over a rule requiring them to help build carbon storage infrastructure, with the legal battle possibly causing serious consequences for Europe’s climate goals, according to analysis by an NGO.
Read MoreBRIEFING: Financiers single out ‘delivery risk’ as biggest obstacle for European carbon removal projects
The risk that a developer goes bankrupt or fails to deliver is the biggest obstacle to funding carbon removal (CDR) projects, financiers told a European Commission event on the EU’s Carbon Removals and Carbon Farming (CRCF) scheme last week.
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