CDR MONTHLY: Market consolidates after SBTi update provides long-term boost
June saw the durable CDR market consolidate as developers digested an announcement from the Science Based Targets initiative’s (SBTi) that will see a demand boost in the long term, as monthly contracted tonnes fell to around 350,000 tonnes in deals.
Read MoreVerra looks to compliance carbon markets after 2025 issuance slowdown
Verra has high hopes for growth via regulated carbon markets after issuances under its flagship carbon standard fell by around 30% year-on-year in 2025, according to its annual report.
Read MoreCarbon market association IETA calls for EU ETS overhaul centred on removals, global offsets, UK linkage
IETA has urged the European Commission to pursue a broad overhaul of the EU Emissions Trading System after 2030, arguing the bloc should integrate carbon removals, prepare to use international credits from 2031, reform the Market Stability Reserve (MSR), and prioritise linking the scheme with the UK carbon market.
Read MoreCDR demand to outstrip supply fivefold by 2036 -report
Demand for durable carbon removals (CDR) could outstrip annual supply more than five times by 2036, opening a roughly 50 million tonne shortfall as corporate needs struggle to be met by a market that has issued just 2 mln units to date, according to a new report.
Read MoreUPDATE – Carbon credit insurers receive Verra approval for durability pilot
A Zurich-headquartered carbon credit insurer has received Verra approval for its reversal insurance under the standard’s durability pilot initiative.
Read MoreCarbon standard finalises new bioCCS methodology in bid to align with EU carbon removal framework
Rainbow has finalised a methodology for biogenic carbon capture and storage (bioCCS) that directly incorporates requirements from the EU’s Carbon Removals and Carbon Farming (CRCF) regulation, marking one of the first voluntary carbon market methodologies explicitly designed around the bloc’s emerging carbon removal certification framework.
Read MoreClimate tech accelerator opens sixth intake, expands scope to AI-enabled carbon solutions
The Carbon to Value Initiative (C2V Initiative) has opened applications for the sixth cohort of its ‘carbontech’ accelerator, seeking startups developing carbon capture, utilisation, and removal technologies as well as AI-enabled tools designed to accelerate commercial deployment.
Read MoreGermany-backed CDR programme coordinates plan to scale up research
Researchers from a carbon removal (CDR) initiative backed by around €33 million from the German government are advancing work into scaling up engineered and land-based removals, the programme has announced.
Read MoreLCAW26 roundup: Hope floats for climate action while London drips in heat
Scorching heat dominated this year’s London Climate Action Week – even amid talk of new challenges and ideas, ranging from the hopes and fears posed by AI, to the need and opportunity to quickly stem ultra-potent superpollutants.
Read MoreIsraeli 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 More
