Dozens of airlines scoop up CORSIA credits “in the low $20s” at special auction -sources
Dozens of airlines have purchased several hundred thousand CORSIA-eligible carbon credits in a special auction organised earlier this month by the Guyanese government, trading firm Mercuria, and exchange operator CBL Xpansiv, sources said.
Read MoreVCM Report: Retirement levels drop, market subdued amid ICVCM, CORSIA confusion
Retirement levels of voluntary carbon credits were relatively low last week to dash hopes of a year-end flurry, while drama around a recent REDD+ decision from the Integrity Council for the Voluntary Carbon Market (ICVCM) brought the Core Carbon Principles (CCPs) badge of quality into the spotlight.
Read MoreJapanese insurer invests $25 mln in forest carbon fund
A major Japanese life insurer on Monday announced it will invest 3.8 billion yen ($25 million) into the Manulife Forest Carbon Fund (MFCF).
Read MorePNG governor proposes rainforest nation summit ahead of COP30
Rainforest nations should meet for a summit in Papua New Guinea ahead of next year’s COP30 in Brazil, set to be a crucial event for nature, according to a PNG governor.
Read MoreUK university collaborates with recycling firm to generate soil carbon credits
A waste management company has teamed up with a UK university to measure and verify carbon capture in soil, targeting what it said could be a £200 million opportunity in the carbon credit market.
Read MoreAustralian state offers A$3.2 mln cash for forest, soil carbon projects
The West Australian Labor government has awarded its third round of funding for carbon farming and land restoration, with A$3.2 million ($2.03 mln) cash going to eight projects that will invest in fauna conservation, soil carbon, and reforestation.
Read MoreUS SAF scale-up depends on tax credit extension, updated renewable fuel standard -report
Sustainable aviation fuel (SAF) in the US requires deliberate policy efforts to unlock broad-based adoption, including both reform of current programmes and introduction of new carbon pricing measures, a think tank wrote in a December report.
Read MoreGlobal efforts to boost blue carbon ecosystems may come with heightened mercury risks, scientists warn
Expanding coastal ecosystems to fight climate change – so-called ‘blue carbon’ initiatives – could unintentionally increase global mercury pollution, posing a risk to human health and the environment, scientists warn.
Read MoreEconomists urge caution on carbon taxation in Sub-Saharan Africa, citing ineffectiveness and poverty risks
Introducing carbon taxes in sub-Saharan Africa (SSA) could prove both ineffective in curbing emissions and detrimental to the region’s poor, economists warn in a new study
Read MoreHeavyFinance secures €14 mln in SME loans to support soil carbon farming
Lithuania-based HeavyFinance has announced a partnership with Multitude Bank, a subsidiary of the Nordic-born FinTech Multitude Group, to support sustainable farming practices across Europe.
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