Banks to sell Puro carbon removals to clients
Two banks have announced they will sell carbon removals issued under the Puro standard to their clients in a bid to ramp up liquidity in the nascent market.
Read MoreNorthern Lights CCS project creates deal for 330,000 CDR credits
Danish renewable energy company Orsted has secured a deal to sell 330,000 carbon dioxide removal (CDR) credits to Norwegian oil and gas major Equinor over a ten year period for an undisclosed sum, boosting Norway’s Northern Lights carbon capture and storage project for the North Sea.
Read MoreGas companies partner with methane standards setter to trial first deal on certified LNG
A methane certification organisation has partnered with a US gas producer and an international energy company to pilot an industry-first transaction for certified liquefied natural gas (LNG), they announced on Wednesday.
Read MoreForestry company launches platform to support forest restoration projects
A global forestry company has launched an open source platform aimed at enhancing the management of forest restoration projects.
Read MoreIncrease in global biodiversity funding largely driven by loans, OECD finds
Biodiversity funding hit $25.8 billion globally in 2022, the highest level since 2015, although the increase was largely driven by loans provided by multilateral institutions rather than grants, according to the OECD.
Read MoreShips receive backing from certifiers for CO2 transport
A Japanese company has received approval in principle (AiP) for two new designs of liquefied CO2 (LCO2) carriers, a type of vessel integral to the nation’s plans for wholesale export of its emissions to other jurisdictions for sequestration and permanent management.
Read MoreNew UK FCA rules for oil, gas, and mining companies putting investors at risk, say experts
New UK Financial Conduct Authority (FCA) rules for oil, gas, and mining companies are inadequate on climate and are putting investors at risk, experts said during a webinar on Wednesday.
Read MoreVoluntary carbon organisations launch coalition to target CEOs
A group of around 20 voluntary carbon organisations have launched a communications push to promote the use of credits towards corporate net zero goals, specifically targetting the CEOs of potential buyers.
Read MoreTech firm buys 1.3 mln reforestation credits from Brazil, with option for another 2.6 mln
One of the giants of the tech world has agreed to buy 1.3 million reforestation credits in Brazil, with the option to acquire an extra 2.6 mln units.
Read MoreLondon-based carbon accounting startup raises $7 mln
A carbon accounting startup with offices in London, Singapore, and Japan has raised $7 million in a seed funding round, according to an announcement on social media.
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