Biochar developer secures €25 mln to build out European carbon removal network
A developer of biochar-based carbon removal parks has secured €25 million in growth funding from a French impact investor to further its network across Europe.
Read MoreDAC hopeful designs digital twin for speedier deployment of the real thing
A direct air capture (DAC) startup has partnered with a simulation company for the development of a digital twin, or digital model, of its planned real-world plants.
Read MoreInsurer launches product to cover both physical and political risks of buying carbon credits
An insurance provider is entering the carbon insurance market with the launch of a new product to cover both the physical and political risks of buying voluntary carbon credits on a forward basis.
Read MoreNon-profit calls on the EU to come up with a dedicated CO2 removal strategy
The EU needs to develop a carbon dioxide removal (CDR) strategy and lay out a roadmap for carbon removals deployment from now to 2050 in order to achieve net zero emissions by mid-century, according to a climate non-profit.
Read MoreStudy calls for broader definition of blue carbon ecosystems to help finance conservation efforts
A broader definition of blue carbon ecosystems could help fund conservation efforts by unlocking greater carbon credit supply, according to a study released this week.
Read MoreANALYSIS: Ageing UN carbon projects eye voluntary carbon market opportunities in light of Article 6 delays
Projects from the UN’s Kyoto Protocol-era Clean Development Mechanism (CDM) are transitioning to the voluntary carbon market (VCM) in light of stalling Article 6 negotiations, experts have told Carbon Pulse, though some caution that opportunities may only be short term, and units could be a tough sell for some buyers.
Read MoreEuro Markets: EUAs post third gain in a row as energy markets rally on supply cuts, colder weather
European carbon allowances started the week strongly, settling at their highest in more than five weeks as energy prices advanced on the back of interruptions in gas production, forecasts for cooler temperatures, and an unplanned outage at French nuclear unit.
Read MoreFEATURE: Scientists enhancing the carbon appetite of crops explore voluntary market opportunity
Scientists developing gene-edited crops with deeper root systems that sequester more CO2 expect the first carbon credits to be generated in the next couple of years from farmers adopting their varieties.
Read MoreEU must build business case for green tech to improve global competitiveness -report
The EU needs to create a business case for accelerating the rollout of green technologies including renewables, grids, electrification, and carbon capture, according to a report released Monday on how to enhance the bloc’s “crumbling” competitiveness.
Read MoreEU ministers rubber-stamp energy and raw materials bills
The EU’s 27 foreign affairs ministers rubber-stamped two bills on Monday to protect energy markets from manipulation and ensure strategic autonomy to access critical raw materials.
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