CDR demand to outstrip supply fivefold by 2036 -report
Demand for durable carbon removals (CDR) could outstrip annual supply more than five times by 2036, opening a roughly 50 million tonne shortfall as corporate needs struggle to be met by a market that has issued just 2 mln units to date, according to a new report.
Read MoreMongolia passes first climate change law
Mongolia’s parliament has passed the country’s inaugural law on climate change, creating a legal framework to curb emissions, build climate resilience, and advance the carbon market.
Read MoreCrowdfunding campaign targets regen agriculture soil carbon projects in Spain
A crowdfunding campaign has been launched in Spain to finance the expansion of soil carbon projects, aiming to bridge a financing gap between the adoption of regenerative farming and the issuance of carbon credits.
Read MoreThe Philippines launches first policy framework for nature-based solutions
The Philippines has launched its first-ever national nature-based solutions (NbS) policy framework and catalogue, as the Southeast Asian country seeks to unlock more investment.
Read MoreAgriculture body seeks panel members to develop new livestock ACCU method
An Australian agriculture body is seeking expressions of interest to help it develop a new method it has been assigned by the government to create.
Read MoreUPDATE – Carbon credit insurers receive Verra approval for durability pilot
A Zurich-headquartered carbon credit insurer has received Verra approval for its reversal insurance under the standard’s durability pilot initiative.
Read MoreEU countries urged to step up Mediterranean seagrass restoration efforts
EU member states need to step up efforts to recover Mediterranean seagrass meadows, including by allocating long-term funding and improving restoration planning, according to a report.
Read MoreCarbon standard finalises new bioCCS methodology in bid to align with EU carbon removal framework
Rainbow has finalised a methodology for biogenic carbon capture and storage (bioCCS) that directly incorporates requirements from the EU’s Carbon Removals and Carbon Farming (CRCF) regulation, marking one of the first voluntary carbon market methodologies explicitly designed around the bloc’s emerging carbon removal certification framework.
Read MoreIndian developer, Thai non-profit partner on nature‑based carbon projects in Southeast Asia
An Indian project developer and Thai non-profit have signed a memorandum of understanding (MoU) to collaborate on nature-based solutions (NbS) project development in Southeast Asia.
Read MoreGreen Climate Fund approves projects set to remove nearly 20 mln tonnes of CO2
The Green Climate Fund (GCF) on Thursday approved at least four projects spanning Southeast Asia, the Pacific, Africa, and South Asia that are expected to collectively deliver almost 19.4 million tonnes of CO2e in emissions reductions or removals, while channelling more than $311 mln into climate-resilient agriculture and forest restoration.
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