EU carbon removals buyers’ club officially launched in Brussels
The European Commission and private sector players formally launched the EU’s carbon removals buyers’ club in Brussels this week, though the organisation’s governance and legal structure remain to be clarified.
Read MoreINTERVIEW: Pakistan province eyes carbon market expansion, sub-national ETS by 2027
Punjab, Pakistan’s most populous province, is preparing an extensive push into carbon markets, with officials targeting the launch of a sub-national emissions trading system (ETS) by mid-2027 while developing a pipeline of Article 6 and voluntary carbon market projects spanning forestry, transport, waste, energy, and clean water.
Read MoreOpen system CDR scale hinges on cutting ‘uncertainty discounts’, panellists say
Open system carbon removal (CDR) projects need larger deployments and shared datasets to reduce monitoring, reporting, and verification (MRV) uncertainty that is raising credit costs and limiting scale, experts said on Wednesday.
Read MoreCompanies delaying carbon removal purchases amid policy uncertainty -survey
Demand for carbon removal (CDR) may be stalling, despite rising corporate net zero commitments and growing recognition that they will be needed later this century for wider global climate goals, a new policy brief based on interviews with corporate sustainability leaders has found.
Read MoreINTERVIEW: Carbon removals marketplace seeks to close the gap between a ‘great idea’ and ‘bankable project’
A carbon removals marketplace is aiming to help developers advance projects with “promising fundamentals through to signed deals” with large-scale corporates, which it says is urgently needed to scale the market in order to meet looming climate targets.
Read MoreBRIEFING: Carbon removal buyers need stronger risk tools, as demand remains uncertain
Carbon removal (CDR) buyers remain constrained by delivery risk, high prices, unclear claims frameworks, and fragmented market data, experts said on Tuesday, as voluntary demand continues to play a limited role in scaling the still-nascent sector.
Read MoreSwiss carbon removal company appoints new CFO to support scale-up
A Swiss carbon removal (CDR) company announced Wednesday it had appointed a new CFO to lead its financial strategy as it expands its direct air capture (DAC) and CDR businesses.
Read MoreDanish developer signs deal with Microsoft for 650k BECCS carbon credits
A Denmark-based project developer has signed a seven-year agreement with Microsoft to deliver 650,000 carbon removal units from its bioenergy carbon capture and storage (BECCS) facility.
Read MoreGlobal South CDR developers warn Article 6 progress too slow to drive investment at scale
The Paris Agreement’s Article 6 mechanism could help channel more investment into carbon removal (CDR) projects in the Global South, but slow domestic implementation and uneven demand signals are still limiting its impact, developers said Tuesday.
Read MoreCarbon removal marketplace to exclusively distribute biochar from India-based developer
A carbon removal marketplace has announced an exclusive deal to distribute biochar produced by an India-based developer, with 10,000 credits available this year.
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