UN SBSTA vice-chair moves to commodities trading firm
The former vice-chair of the UN’s Subsidiary Body for Scientific and Technological Advice (SBSTA) has moved to a new role at financial services provider and commodities trader.
Read MoreReforestation company to launch call for Brazilian ARR carbon projects
A carbon project implementer seeking to partner with developers in Brazil will next week launch a call to identify large-scale afforestation, reforestation, and revegetation (ARR) initiatives, estimating that this first round could identify around 200,000 hectares for activities.
Read MoreDurable CDR supplier fall-off on the horizon as few buyers, declining investment take their toll -report
The market for durable CO2 removals (CDR) may see supplier consolidation, bankruptcies, prematurely price-based competition, and even oversupply as few new purchasers enter the market and investments decline, according to a report published Wednesday.
Read MoreSBTi loses key financial backer after incubation grant ends
The Science Based Target initiative (SBTi) has lost one of its key backers after a three-year incubation grant provided by Jeff Bezos’s $10 billion philanthropic fund expired at the end of last year, the standard setter confirmed to Carbon Pulse on Wednesday.
Read MoreBiomass-based carbon removal outperforms DAC, ERW in efficiency -study
Biomass-based carbon removal and storage (BiCRS) methods achieve higher CO2 retention than direct air capture (DAC) and enhanced rock weathering (ERW), according to new scientific research assessing the efficiency and energy use of 12 engineered carbon removal technologies.
Read MoreIndia to begin trading compliance carbon credits by Oct. 2026
The Indian government is moving forward in establishing its carbon market, with the trading of first carbon credit certificates in the compliance market expected to happen in Oct. 2026, the market regulator told a conference Wednesday.
Read MoreNorway’s Equinor cuts clean energy targets in shift back towards oil
Another major European fossil fuel producer has cut its clean energy targets, following BP and Shell watering down their climate goals last year.
Read MoreBECCS firm secures deal for France’s first biogenic CO2 storage project
A French startup has partnered with a carbon storage firm to launch France’s first bioenergy with carbon capture and storage (BECCS) project.
Read MoreTotalEnergies raises carbon credit spend in 2024
French energy giant TotalEnergies increased its annual spend on carbon credits 2% year-on-year to $49 million in 2024, according to financial results published Wednesday.
Read MoreFEATURE: US aid freeze hits nature programmes as experts grapple with funding dilemma
The US administration’s sudden decision to freeze all foreign assistance programmes is having far-reaching impacts on biodiversity and climate projects worldwide, with some weighing options to bridge the funding gap amid fears that the move could foreshadow a permanent cut to aid for nature conservation.
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