Corporate buyers commit to 635k carbon removals from Indonesia restoration project
Two major corporate buyers have agreed to purchase more than 635,000 carbon removals over 10 years from an agroforestry project seeking to restore 6,000 hectares of degraded land in Indonesia’s Sulawesi, the project developer said.
Read MoreCarbon standard to integrate major CCS initiative into methodology framework
A Qatar-based voluntary standard has become the latest body to integrate an industry-led carbon capture and storage (CCS) framework into its crediting programme.
Read MoreIrish native woodland project enters verification process ahead of first carbon credits
An Irish native woodland restoration project has entered independent third-party validation under the Origin Xero Carbon Programme, marking another step towards the issuance of what its developer says will be verified domestic carbon credits and highlighting progress in Ireland’s nascent voluntary carbon market.
Read MoreUPDATE – CORSIA credit tenders launched on behalf of airlines
Two tenders have been published for carbon credits under the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) on behalf of Asian airlines searching for 614,000 tonnes of CO2e.
Read MoreEnvironmental groups urge DRC to pause carbon market law, warning over governance risks
Environmental groups in the Democratic Republic of the Congo (DRC) have called on the government to halt its proposed carbon market legislation, warning that the draft law risks undermining existing governance reforms and investor confidence by advancing without sufficient consultation.
Read MoremCDR company hands off US pilot project to philanthropic initiative
A marine carbon removal (mCDR) company has handed over its US pilot project to a philanthropic initiative, which has a new goal of establishing a non-profit research hub in the region.
Read MoreVerra signs capacity building agreement with Argentine province, looks to support international transfers
The government of Argentina’s Misiones has signed a memorandum of understanding (MoU) with Verra to strengthen the province’s technical capacity to participate in international carbon markets, following the standard’s recent approval of its landmark jurisdictional forest carbon programme.
Read MoreVerra moves ahead with tighter soil carbon rules for sustainable grasslands credits
Sustainable grasslands carbon projects under a revised Verra methodology would need to validate soil carbon models against changes over time, rather than one-off stock measurements, according to a Tuesday announcement.
Read MoreKenyan carbon developer puts technology platform, factory up for sale
Koko Networks, the Kenyan-based bioethanol and clean cooking developer that folded in February after failing to secure an agreement to sell credits internationally under the Paris Agreement, is selling its technology platform and factory.
Read MoreCarbon finance is becoming a major revenue source for US biochar producers, survey data shows
Carbon finance is playing an increasing role in the US biochar market, according to a survey-based report published Tuesday that found national production estimates rose 32% per year between 2023 and 2025 and estimated industry value nearly tripled.
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