Sustainability and carbon market news

As COP30 drew to a close, Amazon has reaffirmed its commitment to afforestation, reforestation and revegetation (ARR) as a core pillar of its carbon removals strategy, signalling continued confidence in nature-based solutions even as debates around...

Nestlé has inked two long-term agreements to purchase carbon credits from afforestation and regenerative agriculture projects in Brazil, strengthening its strategy to decarbonise supply chains and restore ecosystems critical to cocoa production....

Demand is climbing fast for carbon credits tied to high-integrity reforestation and ecosystem restoration. Tech giants like Microsoft and Google are leading the charge, backing afforestation, reforestation, and revegetation (ARR) projects with price...

Microsoft has struck a major deal to secure 18 million carbon dioxide removal (CDR) credits, continuing its aggressive push to meet its 2030 carbon-negative target. The agreement, announced on 15 May, underscores Microsoft's leadership in the...

Microsoft has secured a long-term carbon credit supply agreement with a UK-based project developer, reinforcing its commitment to large-scale nature-based solutions. The deal will see the tech giant acquire 1.5 million carbon removal credits over...

Microsoft has reinforced its position as the largest buyer of carbon dioxide removal (CDR) credits with a new agreement to acquire 7 million credits. The credits will be supplied over a 25-year period, marking one of the most substantial offtakes of...

A recent study from the European Forest Institute reveals that Southern European countries, particularly Croatia, Spain, and Portugal, show the highest potential for carbon sequestration through afforestation in the EU. Unlike Central and Northern...

France Valley, based in Paris, has announced the establishment of a €200 million ($214 million) fund dedicated to afforestation, reforestation, and revegetation (ARR) projects across Europe. CEO Arnaud Filhol shared this news, highlighting the...

Verra has announced a public consultation to gather feedback on proposed updates to its Verified Carbon Standard (VCS) Methodology VM0047 for Afforestation, Reforestation, and Revegetation (ARR), version 1.0, and the associated module VMD0054....

Microsoft has recently finalised a 15-year agreement to procure 362,000 carbon removal credits as part of its broader commitment to achieving carbon negativity by 2030. The deal is set to support an expansive afforestation project spread across...

Embarking on a pioneering venture, a significant investment of $6.2 million has been committed to a transformative afforestation project in Alberta. This collaboration, a debut partnership in Canada, is a key component of a broader $170 million...

In a momentous stride towards ecological revitalisation, $224.5 million has been committed to the Manulife Forest Climate Fund LP by Manulife Investment Management. This significant achievement marks the fund's progression to almost half of its $500...

In the captivating realm of BBC’s Planet Earth III, narrated by the iconic Sir David Attenborough, the spotlight falls on the extraordinary journey of the Bulindi chimpanzees in Uganda. Having premiered on 19 November 2023, this episode explores the...

The recently unveiled Tree Globally Observed Environmental Ranges (TreeGOER) database is positioned to revolutionise our approach to reforestation tree selection in the face of changing environmental impacts. Developed by the Center for...

Afforestation projects and various land-based carbon storage methods are presently undervalued, but they hold the key to securing our planet's long-term environmental stability. This perspective comes from senior German economist Ottmar Edenhofer,...

Pharmaceutical giant AstraZeneca has unveiled a major expansion of its AZ Forest programme, demonstrating a $400 million commitment to planting 200 million trees across six continents by 2030. This significant investment will ensure the long-term...