TotalEnergies spends $2 mln on carbon credits in Q1
French energy company TotalEnergies spent $2 million on carbon credits in the first three months of the year, at least twice the total in 2024 over the same period, it reported in first-quarter results on Wednesday.
Read MoreUPDATE – Carbon market yet to ‘fulfil promise’, former UK PM Blair says
The global carbon market has yet to deliver on its full potential, former UK Prime Minister Tony Blair said in a foreword to a report on resetting climate action from his non-profit.
Read MoreColombian peatlands carbon storage capacity up to 1.91 billion tonnes of CO2e -study
Peatland ecosystems can store between four and 10 times more GHGs than other vegetation types, including rainforests, according to a study published in Environmental Research Letters.
Read MoreFrench asset manager enters new forest finance partnership
A France-headquartered sustainable asset manager has signed a Memorandum of Understanding (MoU) with an English non-profit to boost forest finance.
Read MoreINTERVIEW: Ecuadorian president’s VCM law veto was a “pause”, not a no
President Daniel Noboa only pressed pause on voluntary carbon market (VCM) legislation when he vetoed it last year, according to an Ecuadorian consultant and former official speaking to Carbon Pulse on the sidelines of the Colombia Carbon Forum last week in Bogota.
Read MoreCalgary CDR developer locks in MRV partner
A Calgary-based carbon removal (CDR) project developer is tapping a Toronto-based digital monitoring, reporting, and verification (MRV) firm for its Saskatchewan bioenergy with carbon capture and storage (BECCS) project.
Read MoreBrazilian project developer secures $30 mln in latest funding
A Sao Paulo-based reforestation carbon removal (CDR) project developer announced Tuesday it has secured $30 million in a Series A funding round.
Read MoreEgypt to launch carbon insurance product in Q3 -official
A public-private partnership spearheaded by Egypt’s Financial Regulatory Authority (FRA) will launch carbon credit insurance in the coming months, an official told a webinar Tuesday.
Read MoreUkrainian agri group to expand soil carbon coverage and renewables in 2025
A Ukrainian agricultural group plans to expand the land area enrolled in its carbon farming programmes this year and continue its investment in renewable energy, while also including bioenergy with carbon capture and storage (BECCS) in its longer-term roadmap, according to its latest annual report.
Read MoreGold Standard issues guidance on next steps for assurance platform transition
Voluntary carbon registry Gold Standard has published additional information on the next steps for project developers and verification and validation bodies (VVBs) as part of a transition period for its assurance management processes.
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