ANALYSIS: Green crediting scheme taken to India’s Supreme Court, as govt advances plantation drive
Two environmental groups have filed a petition in the Supreme Court of India challenging the country’s Green Credit Programme (GCP), which they claim is expected to wreak havoc on the country’s natural ecosystems.
Read MoreAfrica’s first regenerative farming project issues Verra certified credits
A regenerative farming project has become the first to issue credits using Verra’s VM0042 methodology in Africa, according to a statement released Wednesday.
Read MoreUPDATE – Net-Zero Banking Alliance looks to loosen climate commitments amid widespread departures
The world’s largest alliance of banks committed to reaching net zero emissions is set to vote on whether to walk back on its promises, following the departure of US banks after President Donald Trump’s election, the Financial Times reported.
Read MoreBoom in CDR interest risks overshadowing other carbon projects, warns expert
Growing interest in carbon removal credits in recent months should not come at the expense of investments in avoidance or anti-deforestation activities that also require financing, according to a carbon offsetting specialist.
Read MoreNordics hobbled by EU on Article 6 trade in carbon removal credits -study
Finland and Sweden have huge potential to generate carbon removal credits using forest-based biomass, but their ability to engage in international trades under Article 6 of the Paris Agreement is currently hampered by limitations in EU law, according to new research.
Read MoreUK CDR hub awards five storage projects in third funding round
A UK-based carbon removal (CDR) programme has selected five permanent carbon storage projects for grants of up to £75,000 each as part of its latest funding round.
Read MoreFast expanding Bolivian biochar producer signs sole distribution rights to CDR marketplace
A Bolivian biochar producer, the largest in the world, has struck a deal to expand its supply to a platform provider to around 130,000 credits this year.
Read MoreUPDATE – Road to Belem: Highway project to COP30 cuts through Amazon, as Brazil’s Atlantic Forest sees “alarming” illegal deforestation
A new 13-km (8-mile) four-lane highway on the perimeter of Brazil’s Belem is cutting through protected Amazon rainforest to accommodate traffic for this year’s COP30 climate, according to media reports.
Read MoreINTERVIEW: Interactive map platform to help decarbonise agribusiness launches
A Swiss startup on Wednesday launched a free web platform that leverages publicly available geospatial data to create interactive, high-resolution maps of land use change emissions factors, aiming to help decarbonise agribusiness in line with GHG Protocol and Science Based Targets initiative (SBTi) guidelines.
Read MoreUS EPA terminates $20 bln GHG reduction programme grants
The administrator of the US EPA announced Tuesday that the agency was pulling $20 billion in awards towards GHG reduction schemes from federal grant recipients following a review into alleged financial mismanagement.
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