Carbon credit rating agency BeZero secures $32 mln to push total funding past $100 mln
BeZero Carbon has secured $32 million in fresh funding to help expand its rating coverage to Article 6 credits, the international aviation emission scheme CORSIA, and the voluntary sector.
Read More80% of corporate climate leaders also tie executive pay to goals -report
Four-fifths of companies that are on track to meet their climate targets also tie their executive pay to meeting green objectives, new research has found.
Read MoreBullish year for major compliance markets this year, forecasts bank
Prices for Californian credit allowances (CCAs) and EU ETS allowances will rally 19-20% this year, despite surpluses in the former and balanced fundamentals in the latter, a bank predicted on Wednesday.
Read MoreFEATURE: Trump return adds uncertainty to CORSIA future as next phase approaches
US President-elect Donald Trump’s return to the White House and an upcoming EU review are raising uncertainty about whether the UN Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) will be implemented by enough countries to take a bite out of the sector’s rising emissions.
Read MoreIraq, UK sign cooperation deal on carbon markets, energy transition
Iraq signed a memorandum of understanding (MOU) with the British government on Tuesday that would support carbon market development, among other decarbonisation aims, according to the Iraqi Prime Minister’s Office.
Read MoreWEF calls for hybrid approach of unilateral, multilateral schemes towards global carbon pricing
Global carbon pricing measures must strike the right balance between unilateral and multilateral measures to be fair and effective, and encourage incremental progress, analysis from the World Economic Forum (WEF) published Tuesday said.
Read MoreExpert panel bullish for VCM, future of REDD amid flourishing offtake agreements
Talk of 2025 being a sink or swim year for the voluntary carbon market is unwarranted, and the fast reforming REDD forestry sector will play a dominant role in carbon mitigation over the next few years, a panel of experts said on Tuesday.
Read MoreFirms struggle to track generative AI’s carbon footprint as emissions rise -report
Generative artificial intelligence is contributing to rising corporate carbon emissions, with nearly half of global executives saying the technology has increased their organisation’s footprint, according to a study released on Tuesday.
Read MoreGreen hydrogen production falls short of expectations as cost deters buyers -report
Less than 10% of green hydrogen production projects announced in 2023 were completed on time, as high costs and limited demand hinder industrial adoption, according to a new peer-reviewed study released on Tuesday.
Read MoreClean energy investment to outpace upstream oil and gas in global first, analysts say
Clean energy investment will in 2025 for the first time overtake upstream spending on oil and gas development with projected spend at $670 billion, according to analysts.
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