US climate finance firm, developer partner on bankable Global South reforestation carbon pipeline
An Oregon-based climate finance advisory firm has partnered with a Hawaiian nature restoration developer to support global reforestation projects, the companies announced on Tuesday.
Read MoreEuropean developer files for bankruptcy after funding efforts fall short, seeks buyer for ocean carbon removal technology
A Dutch direct ocean carbon capture (DOC) developer has filed for bankruptcy after failing to secure the funding needed to continue operations, despite having demonstrated its technology, secured public grants, and attracted investor interest.
Read MoreVerra review finds no evidence of historical safeguards breaches at withdrawn Kariba REDD+ project
Verra has concluded the safeguards component of its quality control review (QCR) of the Kariba REDD+ carbon project, with independent auditors finding no evidence that the project breached the standard’s rules during the period covered by their original assessments.
Read MoreCLARIFICATION – QBE, partners launch UK nature restoration consortium with 50-year commitment
Insurance company QBE and seven businesses from its supply chain are partnering for a collective commitment of 50 years to fund rewilding and carbon credit generation in the United Kingdom, they announced on Tuesday.
Read MoreAmazon to buy 2 mln South African carbon credits in long-term Spekboom restoration deal
Amazon will buy 1.95 million carbon removal credits from a large-scale ecosystem restoration project in South Africa, Bloomberg reported on Tuesday, as part of a an initiative that has also secured innovative financing through a $120 mln World Bank outcome bond.
Read MoreGermany-backed CDR programme coordinates plan to scale up research
Researchers from a carbon removal (CDR) initiative backed by around €33 million from the German government are advancing work into scaling up engineered and land-based removals, the programme has announced.
Read MoreERW boosts carbon storage in young broadleaf woodland by up to 27%, study finds
Enhanced rock weathering (ERW) increased aboveground carbon storage in young native broadleaf woodland plots by up to 27% over four years, while soil microbiome enrichment delivered a smaller and less consistent early growth boost, a major UK study has found.
Read MoreLithuanian soil carbon firm secures €120 mln facility to expand farm lending
A Vilnius-based soil carbon firm has secured a €120 million senior secured credit facility to expand transition financing for European small and medium-sized agricultural businesses, it announced Tuesday.
Read MoreMalaysian govt agency seeks partners for pilot carbon offset projects
The Malaysia Forest Fund (MFF), a federal government agency, has called for partners to pilot two new methodologies under its Forest Carbon Offset (FCO) Programme, with a focus on urban forestry and agroforestry, it announced.
Read MoreExperts draft global ocean carbon removals framework due in 2027
International marine science experts are drawing up a global framework to assess ocean-based climate interventions, such as marine carbon removal (mCDR), with the work due to be completed by mid-2027.
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