US carbon project developer targets Turkiye with new joint venture
A US-based project developer has created a joint venture with a Turkiye-based sustainability company to scale carbon trading in the country, they said Wednesday.
Read MoreTurkiye offering €2.8 mln to help it transpose EU ETS Directive into national law
Turkiye has launched a €2.8-mln tender seeking a contractor to help it transpose the EU ETS Directive into national law and analyse the impact of the bloc’s Carbon Border Adjustment Mechanism (CBAM) on the country.
Read MoreUN warns of worsening land drying, as pressure mounts on desertification COP
The UN Convention to Combat Desertification (UNCCD) has raised concerns over the alarming increase in land aridification registered in the past few decades, as pressure has mounted on negotiators in Ryhad to seek solutions to the ongoing crisis.
Read MoreINTERVIEW: Carbon removal coupled with desalination brings multiple benefits, says startup
A startup with an electrochemical method of removing CO2 from water claims it can simultaneously reduce the energy requirement and cost of desalination, with potential for significant mitigation were it to scale up.
Read MoreSaudi Arabia offers Kenya $8 per carbon credit in COP16 VCM deal -media
Saudi officials and private sector players are open to buying carbon credits from Kenya in a voluntary market (VCM) deal at $8 per tonne, according to statements made on the sidelines of the UN Convention to Combat Desertification (UNCCD) COP16 conference in Riyadh last week.
Read MoreKEY TAKEAWAYS: ICAO TAB assessments, recommendations, and public comments for CORSIA 2024 application cycle
UN civil aviation body ICAO late on Friday published reports outlining its Technical Advisory Body’s (TAB) assessments, recommendations, and public comments made during the 2024 cycle for applications by carbon credit standards seeking eligibility under the airline offsetting programme.
Read MoreDevelopment banks pledge $12 bln for land degradation
Financiers, mostly development banks, at the UN desertification conference COP16 in Riyadh, Saudi Arabia this week have committed $12 billion towards drought resilience, land restoration, and combatting land degradation.
Read MoreCanadian tech company partners with Saudi firms to produce low-carbon concrete
A Canadian tech company has collaborated with a concrete producer and a gas distributor in Saudi Arabia to produce low-carbon materials by incorporating captured CO2, the companies announced this week.
Read MoreLufthansa expands carbon credit, SAF scheme to international flights
The Lufthansa Group will extend its sustainable “green” travel tariff to long-haul flights, the German company announced on Wednesday, expanding a scheme that currently helps finance sustainable aviation fuels (SAF) and carbon projects.
Read MoreSaudi Aramco partners with Danish firm to scale low-carbon hydrogen technology
Danish CO2 reduction company Topsoe has partnered with Saudi oil giant Aramco to develop and commercialise low-carbon hydrogen technology, the two companies announced on Wednesday.
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