FEATURE: Protecting wetlands through carbon projects helps preserve key global emissions sink
There is huge potential to scale carbon finance for the protection of wetland ecosystems, which would in turn bring innumerable benefits, from CO2 to absorbing other pollutants, according to experts.
Read MoreCarbon removal startup quadrupled turnover, doubled losses in latest financial year
A UK-based enhanced rock weathering startup almost quadrupled turnover while doubling losses in the financial year ending Mar. 2024, amid a rapid expansion that took place ahead of clinching a deal with Microsoft last year.
Read MoreMalaysia signs Article 6.2 agreement with Singapore
Malaysia and Singapore have signed a memorandum of understanding (MoU) for international carbon trading under Article 6.2 of the Paris Agreement, along with a series of deals aimed at promoting economic opportunities for both the nations.
Read MoreInvestors file resolution ahead of Shell annual meeting questioning gas plans
A group of activist and institutional shareholders have filed a resolution against Shell and its gas expansion plans at the oil giant’s upcoming annual general meeting (AGM), a statement by the group said Tuesday.
Read MoreRwandan govt eyes carbon market for agroforestry project
The government of Rwanda is readying an agroforestry project to participate in international carbon markets with an aim to incentivise farmers to plant trees and discourage illegal logging in the country, according to local media.
Read MoreInternational non-profit cusps $10 bln in assets alongside conservation efforts
An international non-profit looking to help reduce or store 3 gigatonnes of CO2 by 2030 is closing in on $10 billion in assets.
Read MoreIsometric issues first verified enhanced weathering credits
Isometric has issued removal credits to a German-Brazilian climate-tech company, with what’s claimed to be world’s first supply of independently verified enhanced weathering (EW) units purchased by a Dutch payment platform.
Read MoreVCM Report: Outlook for market brightens in 2025 after tough year
The market outlook for 2025 is more upbeat after a difficult previous 12 months, due to an expected demand boost from Phase 1 of CORSIA and the development of Paris Agreement trading after the historic decision to finalise Article 6 at COP29.
Read MoreVoluntary carbon market “on ice” as valuation fails to build in 2024 -analysts
The voluntary carbon market saw its value remain at around $1.4 billion last year as spot prices slumped 20%, though analysts still forecast the sector could still grow to the tens of billions by the end of the decade.
Read MoreLATAM Roundup: Region looks inward to meet mitigation goals, Colombia releases CO2 tax data
The new year is poised to springboard domestic compliance markets, regulated voluntary markets, and Paris Agreement projects in Latin America and the Caribbean – but sees reluctance to rely on Article 6 to be a main driver of mitigation – as the region builds internal capacity to launch green growth.
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