European developer files for bankruptcy after funding efforts fall short, seeks buyer for ocean carbon removal technology
A Dutch direct ocean carbon capture (DOC) developer has filed for bankruptcy after failing to secure the funding needed to continue operations, despite having demonstrated its technology, secured public grants, and attracted investor interest.
Read MoreAmazon to buy 2 mln South African carbon credits in long-term Spekboom restoration deal
Amazon will buy 1.95 million carbon removal credits from a large-scale ecosystem restoration project in South Africa, Bloomberg reported on Tuesday, as part of a an initiative that has also secured innovative financing through a $120 mln World Bank outcome bond.
Read MoreGermany-backed CDR programme coordinates plan to scale up research
Researchers from a carbon removal (CDR) initiative backed by around €33 million from the German government are advancing work into scaling up engineered and land-based removals, the programme has announced.
Read MoreERW boosts carbon storage in young broadleaf woodland by up to 27%, study finds
Enhanced rock weathering (ERW) increased aboveground carbon storage in young native broadleaf woodland plots by up to 27% over four years, while soil microbiome enrichment delivered a smaller and less consistent early growth boost, a major UK study has found.
Read MoreRegenerative farming company, UK bank launch nature-positive fund
A regenerative food and farming company has partnered with a UK-headquartered bank to launch a fund aimed at advancing the nature-positive transition in the agricultural sector.
Read MoreLithuanian soil carbon firm secures €120 mln facility to expand farm lending
A Vilnius-based soil carbon firm has secured a €120 million senior secured credit facility to expand transition financing for European small and medium-sized agricultural businesses, it announced Tuesday.
Read MoreExperts draft global ocean carbon removals framework due in 2027
International marine science experts are drawing up a global framework to assess ocean-based climate interventions, such as marine carbon removal (mCDR), with the work due to be completed by mid-2027.
Read MoreSeaweed carbon removal faces major ocean trade-offs, study warns
Growing seaweed across vast areas of the ocean could help draw down more CO2, but the carbon removal gains would be limited compared with the amount of biomass produced and could come with major risks for marine ecosystems, a peer-reviewed study has found.
Read MoreNew method could strengthen biochar carbon stability checks, study finds
A microscopy-based method could help assess whether biochar material has been sufficiently carbonised for long-term storage, a new study has found.
Read MoreEuropean consortium lays groundwork for Mediterranean seagrass nature credits
A group of organisations presented on Monday a framework for Mediterranean seagrass restoration aimed at helping quantify ecosystem value and support the development of nature credits.
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