Sustainability and carbon market news

A European project has achieved a market first by issuing verified CO₂ removal credits (CDRs) from asphalt enhanced with biochar, with prices exceeding €300 ($347) per tonne of CO₂ equivalent. The credits were certified under the Finland-based...

The biochar carbon removal (BCR) market is undergoing a rapid transformation in 2025, with demand surging to unprecedented levels. In just the first six months of the year, companies contracted 1.6 million tonnes of biochar credits—more than the...

BMW Group has taken its first steps into biochar-based carbon removal, retiring 25,000 tonnes of CO2 (tCO2e) credits last year as part of its broader environmental strategy. The German automaker aims to offset up to 10% of its emissions by 2050...

Japan-based Green Carbon has partnered with Thailand’s Rubber Authority (RAOT) to develop a groundbreaking biochar project. The collaboration formalised through a memorandum of understanding (MOU), aims to revolutionise carbon credit creation using...

Carbon Standards International (CSI), a Swiss-based registry, has introduced an updated version of its Global Biochar Carbon Sink (C-Sink) standard, version 3.1. This revision now includes the certification of carbon removal credits for biochar used...

The Tokyo Stock Exchange (TSE) will introduce a dedicated trading category for carbon credits generated from biochar and rice cultivation projects, starting 6 January 2025. This marks an expansion of its J-Credit market, launched in October 2023,...

Verra, a leading carbon standards body, has registered its first biochar carbon removal project in India’s Odisha state. The project, named Project Reignite: Turning Farm Waste into Climate Action, is a pioneering initiative that could remove...

Supercritical, a leading carbon removal marketplace, has partnered with biochar producer Exomad Green to offer corporate buyers exclusive carbon credits. This collaboration will provide access to 100% of Exomad's 2024 biochar credits, which are...

NetZero, a French carbon removal firm, has successfully raised €18 million ($19.5 million) from the government-backed investor STOA Infra & Energy. This new funding will facilitate the establishment of additional biochar facilities in Brazil and...

Toucan is set to unveil CHAR, the world’s first 'liquid' marketplace for biochar carbon credits, marking a significant milestone in carbon trading and environmental finance. This launch comes as a response to the increasing demand from both carbon...

In a groundbreaking move for the coffee industry, French green tech company NetZero and global coffee giant ECOM have embarked on a pioneering partnership to introduce large-scale biochar use in coffee cultivation. This collaboration marks an...

In the heart of Greenville's former biomass plant in the United States, a transformative process unfolds as wood chips are converted into biochar through pyrolysis. This carbon-rich substance has become a focal point for Maine entrepreneurs,...

The biochar market is experiencing a pivotal shift, with long-term carbon pricing already below $100 per tonne of carbon dioxide equivalent (tCO2e). This significant trend reflects the sector's burgeoning potential for substantial growth and scale....

On the road to achieving net zero, Microsoft has embarked on a strategic partnership aimed at acquiring carbon removal credits from the groundbreaking Waverly Biochar project, nestled in the heart of Waverly, Virginia. This pioneering endeavour...

The Next 150, a Switzerland-based climate venture operator, introduced General Biochar Systems (GBS), a biochar company that produces high-quality carbon dioxide removal (CDR) credits. The newly inaugurated plant in Irapuato, Guanajuato, Mexico,...