GenZero, South Pole partner for centre devoted to “novel” carbon solutions
Temasek subsidiary GenZero and project developer South Pole on Wednesday launched the Asia Centre of Carbon Excellence (ACCE) to focus on what they called “novel” carbon solutions to improve Singapore’s carbon trading, policy, and project development, as well as the energy transition.
Read MoreJapanese oil refiner make first foray into forest carbon
One of Japan’s biggest oil refiners has made its first foray into the forest carbon market, as it continues to seek opportunities in the carbon removal sector as part of its climate strategy, it announced Wednesday.
Read MoreSabah to soon list first nature-based credits on Malaysian carbon exchange
The Malaysian state of Sabah will soon receive a first tranche of verified carbon units (VCUs) for its forestry project registered under Verra, with plans to list them as the first nature-based units on the nation’s carbon exchange.
Read MoreMarine conservation investment “uncertain” as biodiversity credit market still nascent, NatureMetrics exec says
Uncertainty looms over coastal and marine habitat conservation, as the emerging biodiversity credit markets are not yet consistent enough to drive adequate investments in ecosystem protection efforts, a NatureMetrics executive said Tuesday.
Read MoreSBTi Scope 3 decision could create a $1.1 trillion carbon market -BNEF
Annual demand for high quality carbon credits under the Science-based Target initiative’s (SBTi) proposed new Scope 3 emissions offsetting rules could reach 5.9 billion tonnes by 2050, according to analysts, despite the significant uncertainty caused by the backlash in the wake of the announced changes.
Read MoreVerra announces VCS updates to support CORSIA, CCP eligibility
Verra released Tuesday what it called “minor” updates of its Verified Carbon Standard (VCS), hoping for full approval under Phase 1 of the international aviation offsetting scheme CORSIA, as well as being eligible for the Core Carbon Principles (CCP) label.
Read MoreBrazilian bank allocates R$98 mln from Amazon Fund to combat deforestation
A Brazilian state will receive funding from the country’s development bank that manages the Amazon Fund to address illegal deforestation and forest degradation, according to a press release.
Read MoreTexas and California firms partner to develop SAF using waste CO2
A California low-carbon electrofuels (efuels) developer has agreed to purchase captured CO2 from a Texas energy firm to primarily produce sustainable aviation fuel (SAF), the companies announced Wednesday.
Read MoreBezos Earth Fund to award $100 mln for AI-based climate solutions
US-based Bezos Earth Fund on Tuesday announced $100 million available in grant awards for solutions that use AI to address climate change.
Read MoreEmissions reduction technology firm signs agreement with SAF, biodiesel producers in Spain
A new biofuels plant in Spain will utilise industrial hydrotreating technology to reduce emissions in the production of sustainable aviation fuel (SAF) and biodiesel, the companies announced Tuesday.
Read More
