Large-scale carbon removal could save trillions in climate damages, but at cost of forgone health benefits -study
Large-scale deployment of CO2 removal technologies could substantially reduce the cost of reaching net zero emissions in the US and generate trillions of dollars in revenues for project developers, but may also lead to worse air quality outcomes than pathways that rely more heavily on direct emissions cuts, according to a new study.
Read MoreIndia needs to authorise agricultural projects under Article 6.2 to unlock carbon potential -study
India needs to add agriculture to its list of Article 6.2‑eligible activities, to tap into the country’s carbon credit potential and enter international compliance markets, a study found.
Read MoreIndonesian palm oil firm prepares to launch biochar pilot
An Indonesian palm oil company plans to present a biochar pilot this week that aims to convert palm biomass residues into carbon removals.
Read MoreSouth African rangeland carbon project seeks Verra-approved validator
A South African rangeland restoration programme is seeking a Verra-approved validation and verification body (VVB) to assess an initial project area covering more than 173,000 hectares, it announced last week.
Read MoreFiji exits World Bank carbon programme after failing to meet requirements
Fiji’s Ministry of Finance has ended the country’s participation in the World Bank‑backed Forest Carbon Partnership Facility (FCPF) Carbon Fund Emission Reductions Program (ERP), after failing to meet key requirements, a World Bank report said.
Read MoreLaunch of carbon removal offtake call from reforestation in Colombia
Some 1 million carbon removal units are available from 2030 from a reforestation project in Colombia, according to a call for offtake launched by a project developer and climate consultancy.
Read MorePortugal registers first project under national VCM
An afforestation initiative has become the first-ever project to register on Portugal’s voluntary carbon market (VCM) platform, launched last October.
Read MoreNewly-launched forest conservation finance vehicle seeks $50 mln for community-led projects
A forest finance facility launched Friday is targeting an initial $50 million raise to provide early-stage and continuity capital for Indigenous and traditional community-led forest conservation projects.
Read MoreMultilateral forest facility’s investment arm finds host in Luxembourg
The investment arm of the Brazilian COP30 presidency’s flagship Tropical Forest Forever Facility (TFFF) will be hosted in Luxembourg, the TFFF’s newest contributor, it was revealed Friday.
Read MoreUS bank signs second carbon removal deal with bio-oil developer
A large US bank has signed its second carbon removal offtake deal with a developer of bio-oil projects, bringing its total commitment with the company to 90,000 tonnes.
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