News and updates from the carbon offsetting industry

Microsoft has significantly expanded its carbon removal portfolio in 2024, making waves with a trio ..

Pakistan has taken a significant step in entering global carbon markets by granting its first-ever a..

Apple significantly increased its use of carbon credits in 2024, retiring 737,100 tonnes of CO₂ equi..

Vietnam is moving closer to finalising the rules for its upcoming emissions trading scheme (ETS), an..

Brazil has announced a significant new push in its ongoing Amazon Restoration programme, opening a $..

A newly introduced US bill—the Foreign Pollution Fee Act of 2025—could shift international trade nor..

Chile’s carbon tax framework witnessed a dramatic increase in offset usage last year, with companies..

Petrobras and Brazil’s National Development Bank (BNDES) have announced the launch of ProFloresta+, ..

Australian land restoration firm Covalent Land is preparing to undertake the largest Environmental P..

Integrating carbon pricing into biomass value chains could offer a financial boost to efforts aimed ..

Despite mixed signals in public discourse, a new PwC report reveals that most companies are staying ..

The Tokyo Metropolitan Government (TMG) has rolled out a new digital platform for trading carbon cre..

Airlines could face a carbon credit bill of up to 150 million tonnes during the first phase of the a..

Amazon has launched a new service allowing qualified companies to purchase high-integrity carbon cre..

The Science Based Targets initiative (SBTi) has released a draft revision of its Corporate Net-Zero ..

BMW Group has taken its first steps into biochar-based carbon removal, retiring 25,000 tonnes of CO₂

Tech giant Apple has taken a new step in its sustainability efforts by retiring 100,000 jurisdiction..

South Africa has announced an increase in the allowable use of carbon offsets under its tax system, ..

Singapore is set to take a significant step in its carbon reduction strategy by purchasing its first..

Nigeria has unveiled an ambitious plan to distribute 80 million clean cookstoves nationwide, beginni..

Microsoft has secured a long-term carbon credit supply agreement with a UK-based project developer, ..

The European Commission has announced significant changes to its Corporate Sustainability Reporting ..

India is set to establish its own carbon market by mid-2026, a move expected to help industries tran..

Carbon pricing has long played a pivotal role in Canada’s and the United States’ environmental polic..

Ghana is taking a significant step in the international carbon market, with plans to sell over a thi..

TikTok is making a major move toward sustainability, committing to remove 5,100 tonnes of CO₂ from t..

The United Nations’ Green Climate Fund (GCF) has approved $686.8 million in funding for 11 new envir..

The voluntary carbon market (VCM) experienced an unprecedented surge in 2024, with $16.3 billion inv..

A coalition of major corporations, including Amazon, ExxonMobil, and Microsoft, has launched a new i..

Singapore has strengthened its emissions reduction targets, pledging to cut greenhouse gas emissions..

The Mercedes-AMG Petronas Formula One (F1) team has invested in forest-based carbon removal (CDR) pr..

The Johannesburg Stock Exchange (JSE) has officially entered the carbon market, executing its first ..

Google has significantly expanded its commitment to carbon dioxide removals (CDRs), securing nearly ..

Ferrari is accelerating its commitment to sustainability while delivering a record-breaking financia..

Lego is advancing its sustainability strategy with a $2.63 million investment in carbon removal, bac..

The sustainable bond market is poised to maintain its momentum in 2025, with global issuance project..

Tesla’s latest earnings report highlights a striking contrast: while profits decreased, its carbon c..

Microsoft has reinforced its position as the largest buyer of carbon dioxide removal (CDR) credits w..

Japan is emerging as a leader in the carbon credit market, committing $70 billion to achieve net-zer..

Microsoft has taken a bold step toward sustainability by restoring degraded lands across the Amazon ..

Verra has introduced its CORSIA Label Guidance, aimed at simplifying the process for aviation carbon..

Africa’s voluntary carbon market (VCM) is set to become a $1.5 trillion industry by 2050, offering s..

Shell and Microsoft have emerged as the largest buyers in the voluntary carbon market (VCM) in 2024,..

Gabon is set to implement a new carbon levy on 15 February targeting aviation and maritime industrie..

A new report from Sylvera, a carbon data platform, reveals a growing willingness among carbon credit..

Singapore and Malaysia have launched the Johor-Singapore Economic Zone (JS-SEZ), a landmark initiati..

The United Nations climate agency has published over 30 documents related to the operationalisation ..

The World Carbon Fund (WCF) achieved a positive return of +6.22% in 2024, outperforming compliance c..

Germany achieved a landmark $19 billion (€18.5 billion) in carbon trading revenue in 2024, marking a..

The global carbon credit market, which rose up to $1.4 billion in 2024, is predicted to experience s..

New Zealand has unveiled its second emissions reduction plan, capping greenhouse gas emissions at 30..

Japan-based Green Carbon has partnered with Thailand’s Rubber Authority (RAOT) to develop a groundbr..

Canadian agri-tech company Hempalta has acquired full ownership of the Hemp Carbon Standard (HCS), c..

A groundbreaking partnership between Teesside University and waste recycling company Scott Bros aims..

Carbon Standards International (CSI), a Swiss-based registry, has introduced an updated version of i..

Researchers behind the UN-commissioned Modeling Fuelwood Saving Scenarios (MoFuSS) tool have updated..

CEEZER, a Berlin-based carbon credit platform, is making strides in enhancing transparency within th..

A recent analysis has revealed that TikTok's annual carbon emissions are likely higher than Greece's..

Isometric has announced partnerships with seven digital monitoring, reporting, and verification (dMR..

The International Civil Aviation Organization (ICAO) has detailed new eligibility criteria for carbo..

Japan has initiated a consultation process to better align its Joint Crediting Mechanism (JCM) with ..

The global carbon credit market is projected to experience significant growth starting in 2025, acco..

A recent report—The opportunity for carbon markets in ASEAN—highlights Southeast Asia’s potential to..

The Tokyo Stock Exchange (TSE) will introduce a dedicated trading category for carbon credits genera..

Kenya has finalised its carbon framework, enabling project developers to secure Letters of Authoriza..

November saw a 10-month high in voluntary carbon credit retirements, with 15.8 million tonnes of CO₂

The aviation industry is bracing for a major shift as a predicted shortfall in CORSIA-eligible carbo..

The price of Australian Carbon Credit Units (ACCUs) is projected to surge by 75% to AUD 70 per tonne..

The European Commission’s 2024 NextGenerationEU (NGEU) Green Bonds Allocation and Impact Report shed..

At COP29 in Baku, Norway unveiled its largest financial commitment yet to the global carbon market: ..

In a landmark collaboration unveiled during COP29 in Baku, Azerbaijan, Verra and the state of Amazon..

The Climate Action Data Trust (CAD Trust), a leading platform for carbon metadata, has announced the..

The European Council has formally adopted a regulation establishing the first EU-wide certification ..

The COP29 summit has delivered a historic breakthrough, finalising Article 6 of the Paris Agreement ..

The UK government has announced a $300 (£239) million commitment to fight deforestation in forest-ri..

Brújula Verde, Colombia’s largest nature-based carbon removal project, has received a $100 million i..

The first issuance of UN-backed carbon credits under the Article 6.4 mechanism could be imminent, fo..

Triodos Bank has announced a bold commitment to invest €500 million in nature-based solutions by the..

COP29 has become a pivotal moment for advancing global environmental cooperation, with significant p..

COP29 in Baku, Azerbaijan, marked a milestone in global environmental action with the adoption of a ..

Brazil’s National Development Bank (BNDES) has approved a record-breaking $154.9 million (BRL 882 mi..

Carbon Direct’s 2024 State of the Voluntary Carbon Market (VCM) report highlights an urgent need to ..

The 29th UN Climate Change Conference (COP29) is set to address the growing environmental impact of ..

The COP29 summit commenced in Baku, Azerbaijan, with an intense first day marked by high-profile spe..

Delegates from nearly 200 countries are gathering in Baku for COP29, an 11-day environmental summit...

Saudi Arabia is progressing toward the launch of its carbon market, with a targeted start date of la..

The UK government has confirmed it will introduce a Carbon Border Adjustment Mechanism (CBAM) in Jan..

A new UN-sanctioned carbon credit system, the Paris Agreement Crediting Mechanism (PACM), could expa..

Gold Standard, a leading carbon registry, has launched a two-year pilot to trial its new certificati..

The International Civil Aviation Organization (ICAO) has granted eligibility to four additional carb..

A recent study from the European Forest Institute reveals that Southern European countries, particul..

Verra, a prominent US-based carbon registry, has released an updated version of its avoided unplanne..

The latest EY report on the 2024 Global Voluntary Carbon Market outlines critical shifts in carbon c..

The Science Based Targets initiative (SBTi) has introduced a new platform, SBTi Services, designed t..

The UN's Green Climate Fund (GCF) has approved over $1 billion in funding for 16 new projects target..

A Portuguese government agency, Adene, has launched an online portal for the country’s forthcoming d..

Malaysia’s Prime Minister, Anwar Ibrahim, has announced the introduction of a carbon tax set to begi..

The International Carbon Registry (ICR) has announced significant updates to its carbon standards, a..

Isometric, a science-powered carbon registry, has introduced a new reforestation protocol designed t..

China's carbon market has hit a significant milestone, with carbon permits rising to an all-time hig..

Gold Standard, a leading carbon registry organisation, has announced a new pilot programme to test d..

Australia has seen a record rise in new forestry-based carbon credit projects this year, driven by b..

Nigeria and South Africa are taking a significant step toward strengthening carbon markets in Africa..

Azerbaijan’s Foreign Minister, Jeyhun Bayramov, has revealed the core agenda for the upcoming COP29 ..

Sweden and Rwanda have signed a preliminary agreement to collaborate on carbon reduction projects un..

Verra, a leading carbon standards body, has registered its first biochar carbon removal project in I..

Climate Week NYC 2024 highlighted major strides in carbon management, with pledges to triple nuclear..

British Airways has committed over £9 million ($12 million) to carbon removal credits as part of its..

The European Commission has taken action against 17 EU member states for failing to implement the up..

Amazon, alongside five major companies, has committed to a $180 million deal to purchase carbon cred..

The Science Based Targets initiative (SBTi) may soon open the door for companies to use carbon credi..

During Climate Week NYC in September, Abatable, a leading provider of carbon market solutions, unvei..

US-based Vanderstyn Asset Management has launched a $25 million Green Carbon Fund, designed to give ..

Credit Agricole, France's second-largest bank with a significant global footprint, is making a strat..

In a significant move to stabilise the carbon credit market, the US Commodity Futures Trading Commis..

Google has announced a significant new partnership in its ongoing sustainability efforts, purchasing..

Meta, the parent company of Facebook and Instagram, has committed to purchasing up to 3.9 million ca..

The Science Based Targets initiative (SBTi) has broadened the revision of its Corporate Net-Zero Sta..

The sixth annual report on the environmental progress of the Fortune Global 500 reveals a significan..

Northern Trust has officially launched its blockchain-based platform, the Northern Trust Carbon Ecos..

US-based carbon registry Verra has introduced an updated version of its soil carbon methodology, VM0..

A recent study reveals that improved forest management (IFM) and conservation efforts in the coastal..

Microsoft has made another significant move in corporate carbon removal efforts with its purchase of..

EcoSafi, a company specialising in biomass-fuelled cookstoves, has made headlines with a significant..

DGB Group, a leading force in environmental sustainability and large-scale nature-based solutions, i..

The World Bank's 2024 State and Trends of Carbon Pricing: International Carbon Markets report highli..

Supercritical, a leading carbon removal marketplace, has partnered with biochar producer Exomad Gree..

US timberland investment trust Rayonier is broadening its focus on carbon offset projects, evaluatin..

In August, the World Carbon Fund (WCF) bounced back into positive territory, reporting a net return ..

The BRICS nations—Brazil, Russia, India, China, and South Africa—have signed a Memorandum of Underst..

An ambitious carbon project in Ethiopia has been added to Verra’s Verified Carbon Standard registry...

The European Union's cap-and-trade system, known as the EU Emissions Trading System (EU ETS), has pl..

Oman has finalised the draft of its general policy framework for carbon markets, an initiative led b..

The lead negotiator for the African bloc at the UN climate talks has called for a unified minimum pr..

A groundbreaking conservation project in Mexico is on track to generate the first biodiversity credi..

French energy giant TotalEnergies has committed $100 million to a series of sustainable forestry pro..

The carbon credit market saw significant developments in the final days of August, with the Xpansiv ..

King, the company behind the popular Candy Crush game, has become the first to purchase biodiversity..

The New Zealand government has taken decisive action to curb carbon emissions by significantly reduc..

The Guyana Government has announced a significant increase in the share of revenue from its carbon c..

DGB Group’s Hongera Energy Efficient Cookstoves Project has reached a critical point of recognition,..

The European Union has enacted the Nature Restoration Law, a groundbreaking regulation aimed at reve..

Nigeria has introduced a National Elephant Action Plan (NEAP) as part of its commitment to prevent t..

The World Bank has launched a groundbreaking $225 million bond to support reforestation in Brazil's ..

Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, has revealed that carbon cre..

The global voluntary carbon credit market is on a steep growth trajectory, with projections indicati..

Rwanda has secured a $39.1 million grant aimed at restoring the ecologically significant Congo-Nile ..

In a groundbreaking development for European conservation efforts, the Transylvanian village of Apol..

Saudi Arabian oil giant Aramco has taken a significant step towards reducing its carbon footprint by..

In a significant move to protect biodiversity, the Canadian government has announced an investment o..

Australian airline Qantas has partnered with mining heavyweights Rio Tinto and BHP to launch a new f..

Lucas Di Grassi, a well-known figure in the world of motorsport, is driving more than just high-spee..

The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNF..

Vietnam has successfully generated $51.5 million by transferring 10.3 million tonnes of CO₂ credits ..

The Science Based Targets initiative (SBTi) has released four technical publications as part of the ..

The global carbon credit market is poised for significant growth, with projections indicating a surg..

Stripe's initial $1 million investment in carbon removal in 2020 has evolved into a $1 billion initi..

Bursa Carbon Exchange (BCX), a subsidiary of Bursa Malaysia Bhd, successfully conducted its inaugura..

Verra, a leading nonprofit in the voluntary carbon market, has unveiled its latest initiative, the A..

India has expanded its list of eligible projects under the Paris Agreement's Article 6 mechanisms to..

A new guide, CSRD Essentials, has been released to elucidate the European Union's Corporate Sustaina..

The 2024 Paris Olympics is committed to significantly reducing its carbon footprint, aiming to cut e..

Suriname has announced its updated National Biodiversity Strategy and Action Plan (NBSAP), aligning ..

The Institute for Environmental Management & Assessment (IEMA) has endorsed the Climate Change Commi..

A global assessment led by researchers at the University of Massachusetts Amherst confirms that natu..

Microsoft has signed a landmark carbon credit agreement with Occidental Petroleum worth hundreds of ..

Sri Lanka is embarking on a significant project to map all tree species across the island, paving th..

The UK Coal Authority, tasked with managing the nation's coal mining legacy, has unveiled a nature r..

Singapore and Laos are set to strengthen their collaboration in clean energy, food security, carbon ..

A Dubai-based fintech company, AQUAE Impact, has joined forces with Sri Lanka's Earth Restoration to..

A Dubai-based fintech company, AQUAE Impact, has joined forces with Sri Lanka's Earth Restoration to..

Researchers from the Center for International Forestry Research (CIFOR) highlight that understanding..

Uganda, renowned for its rich biodiversity, has launched the second phase of the Biodiversity 2030 (..

The Ministry of Finance has proposed amendments to Vietnam's Law on Corporate Income Tax, aiming to ..

In a move to enhance sustainable farming and carbon credit earnings, two certification companies, Fo..

Germany-based retail giant Lidl has teamed up with conservation organisation WWF to bolster biodiver..

The global market for carbon removal credits is poised to reach $100 billion annually between 2030 a..

The Dunleavy administration has finalised regulations to initiate the sale of carbon offset credits ..

The International Carbon Registry (ICR) has launched a new Pilot Biodiversity Program to integrate b..

Efforts are currently underway to create the International Organization for Standardization's (ISO) ..

A recent report by BeZero Carbon reveals that a $100 billion carbon market could catalyse $700 billi..

The Central African Forest Initiative (CAFI), a coalition of donors from Europe and South Korea, has..

DGB Group's share price has increased 75% year-to-date. On 2 January 2024, DGB’s shares were valued ..

The Japanese government has purchased 4 million carbon credits in the year ending 31 March, accordin..

Six environmental NGOs have expressed support for the Science-Based Targets initiative (SBTi) in its..

Terraformation, the forest restoration firm established by ex-Reddit CEO Yishan Wong, has sold its f..

Microsoft has made a landmark move in its environmental strategy by purchasing 8 million carbon offs..

France Valley, based in Paris, has announced the establishment of a €200 million ($214 million) fund..

A French-based developer, Fronterra, is set to introduce the first biodiversity credits from the Per..

Microsoft has made a significant move to bolster its carbon neutrality efforts by acquiring over 970..

Engie, a leading power company in Europe, has pre-ordered 5 million tonnes of nature-based carbon re..

Airlines are set to invest $600 million in carbon offset credits in 2024, according to the Internati..

The Integrity Council for the Voluntary Carbon Market (ICVCM) has greenlit seven carbon crediting me..

India’s leading bottled water company, Bisleri International, has introduced a pioneering framework ..

South Downs National Park has launched the UK's first voluntary biodiversity credit scheme, marking ..

The Development Bank of Southern Africa (DBSA) is establishing its first biodiversity fund, aiming t..

A Swiss-based non-profit, NatureFinance, has released new recommendations to enhance Africa’s biodiv..

A coalition of 10 West African countries is urging the global community to allow carbon offsets as p..

Singaporean companies can now tap into a broader pool of carbon credits to offset up to 5% of their ..

In 2016, the UN's International Civil Aviation Organisation (ICAO) introduced CORSIA, the first glob..