Big investors are waiting for carbon removal developers to prove their record
Startup carbon removal developers will struggle to attract large sums of capital in the coming years, as institutional investors remain wary of projects that lack offtake agreements and proven results, finance experts told a conference in London on Wednesday.
Read MorePepsiCo, LDC launch regenerative ag programme in Canada canola region
PepsiCo and Louis Dreyfus Company (LDC) have launched a regenerative agriculture programme in Saskatchewan aimed at expanding lower-emissions canola production and supporting soil health improvements across western Canada, the companies announced Wednesday.
Read MoreCDR financing model needs āfundamental revampingā to scale -paper
Carbon credit markets will not scale permanent carbon removals (CDR) without a new financing model that raises prices, reduces volatility, and creates long-term demand, according to a paper published Tuesday.
Read MoreUS non-profit taps startup to grow rice methane credit supply from India
A US-based climate non-profit on Wednesday said it has partnered with a South Asia-focused startup to scale carbon credits from rice methane abatement, as demand rises for projects targeting the potent greenhouse gas.
Read MoreAirline demand trails growth in CORSIA carbon credit supply, new analysis finds
New analysis has revealed a widening imbalance between the supply of carbon credits eligible under the aviation industryās CORSIA offsetting scheme and still-limited airline demand.
Read MoreLargest German listed companies failing to disclose carbon credit purchasing details, report finds
The largest companies listed on the German stock exchange reported 4.84 million carbon credits under the EU’s Corporate Sustainability Reporting Directive (CSRD) last year, but not a single one disclosed details about the projects they came from, and those identified were judged of poor quality, according to analysis of disclosures by companies in the DAX40 Index.
Read MoreLaunch of carbon removal catalyst, unlocking Ā£1 mln in finance for UK biocharĀ
An independent advisory has launched a carbon removal catalyst that has already helped to secure a Ā£1 million financing deal to support a biochar developer in southwest England.
Read MorePortfolio manager launches guidance for CDR under corporate net zero commitments
A carbon removal (CDR) portfolio manager has published guidance on how corporations can navigate changing government regulations and civil society frameworks to make credible net zero claims.
Read MoreVerra proposes expanding IFM methodology beyond US with new inventory rules
Voluntary standard body Verra launched a public consultation on Tuesday on a draft revision to its improved forest management (IFM) methodology that would expand its use beyond the US by allowing projects to use qualifying national forest inventory datasets.
Read MoreBrazil advances institutional infrastructure for ETS with governance, working group resolutions
Brazil published four resolutions in the Official Gazette on Tuesday that contribute to the operational development of its national ETS (Portuguese: SBCE).
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