Kenya-based startup sells Africa’s first ERW carbon credits -media
A Nairobi-headquartered company has sold Africa’s first enhanced rock weathering (ERW) carbon credits, according to Bloomberg.
Read MoreLarge corporates making ‘quiet’ climate progress, finds report
The world’s largest companies are making gradual progress on emissions reductions and setting more significant climate targets, with more firms looking to use voluntary carbon credits to meet these goals, according to a report released Tuesday.
Read MoreFinanciers with $29 trillion urge nature positive, climate action
A global investor statement was released Tuesday, with signatures of 534 financial institutions managing more than $29 trillion in assets calling for a whole-government approach to reaching nature positive and net zero emissions.
Read MoreMilan-based startup launches industrial ocean carbon removal site
A Milan-headquartered company has launched its first industrial ocean CO2 removal (CDR) plant in Augusta, Italy.
Read MoreUPDATE – Hoekstra re-appointed EU climate chief in surprise move
The incumbent EU climate commissioner, Wopke Hoekstra, was re-appointed to the portfolio on Tuesday as European Commission President Ursula von der Leyen unveiled her new team that will lead EU policymaking in Brussels for the next five years.
Read MoreAzerbaijan to create fossil fuel-financed climate fund at COP29
Azerbaijan is putting climate finance at the centre of its agenda for the COP29 summit in Baku, with a series of initiatives and outcomes aimed at drumming up more public and private money including from fossil fuel-producing countries and companies, it announced on Tuesday.
Read MoreCommerce firm launches voluntary carbon credit sales platform
A large online e-commerce website has launched a platform to facilitate the sale of voluntary carbon credits, it announced Tuesday.
Read MoreUK places climate action at centre of foreign affairs agenda with clean power alliance
British Foreign Secretary David Lammy will on Tuesday kickstart a global clean power coalition aimed at accelerating the clean energy transition, helping developing countries leapfrog fossil fuels, and turning the UK into a clean energy superpower.
Read MoreLong-term EU carbon price bull trend remains intact, could hit €150 by 2030 -panellists
The long-term bull trend in EU carbon prices remains intact, despite strong fundamental headwinds, attendees heard at an investment bank-hosted industry conference last week.
Read MoreFrance’s Credit Agricole to exit precious metals trading in shift towards carbon markets -reports
Credit Agricole, France’s second-largest listed bank, will exit precious metals trading to focus on regulated carbon markets starting from 2025, according to media reports.
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