Finnish CDR registry passes 1 mln credits as 2025 retirements more than double
A Helsinki-based carbon removal (CDR) registry has surpassed one million retired carbon credits, after retirements more than doubled in 2025, the company announced on Tuesday.
Read MoreMyanmar cookstove developer defends first PACM carbon credits after calls for suspension
The developer of the first project to earn carbon credits under the UN’s Paris Agreement Crediting Mechanism (PACM) defended a controversial Myanmar cookstove programme, while acknowledging that conflict and security concerns in the Southeast Asian country forced independent auditors to rely on remote verification.
Read MoreBECCS project developer signs long-term CDR deals with Swedish property firms
A Swedish bioenergy with carbon capture and storage (BECCS) project developer has signed long-term agreements to supply permanent carbon removal (CDR) to two real estate companies, it announced Tuesday.
Read MoreNodal launches new CORSIA, future and options contracts
Nodal Exchange launched several new environmental futures and options contracts, including for CORSIA.
Read MoreVCM REPORT: CORSIA benchmark future settle below $10, SBTi recognises voluntary carbon credit use in new corporate standard
CORSIA futures were little changed last week, with benchmark contracts on ICE slipping below $10/tonne mark after stabilising in recent weeks following a prolonged decline.
Read MoreFEATURE: New SBTi corporate climate standard sets meaningful internal carbon pricing goalposts, say experts
The introduction of specific price anchors for companies choosing to set an internal carbon price under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, will help to ‘avoid race-to-the-bottom dynamics’ and provide viable financial support to many carbon projects, according to experts.
Read MoreCarbon investor hires new senior leadership member from removal developer
A carbon markets investment firm has hired a new client solutions director from an enhanced rock weathering (ERW) developer, it was announced Monday.
Read MoreNorway launches plans for CCS auction, seeking to fund carbon removals with up to €1.7 bln
The Norwegian state energy agency, Enova, is looking to launch an auction scheme for carbon capture and storage, open to a wide variety of technology types and with a budget ceiling of €1.7 billion for carbon removal, the agency announced on Monday.
Read MoreEnvironmental groups challenge EU’s new carbon removal rules over ‘greenwashing’ risks
A coalition of environmental NGOs has triggered an internal review of the European Commission’s newly adopted methodologies for biogenic carbon removals, arguing they breach the EU’s Carbon Removals and Carbon Farming (CRCF) Regulation and could end up increasing emissions rather than cutting them.
Read MoreAustralian tech company divests from sustainability platforms business to focus on biochar project development
ASX-listed digital infrastructure company NoviqTech on Monday annouced a CEO shakeup and the complete divestment of its supply chain traceability platforms in a move to pivot the company’s focus to its carbon removal (CDR) business.
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