Sustainability and carbon market news
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From companies' net zero journeys and ESG reporting to evolving frameworks like CSRD and SBTi, explore the trends and regulatory changes driving corporate sustainability worldwide.
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Blue carbon
Asia
Japan
Japan is stepping up its blue carbon activity on two fronts. The country's Ministry of Environment (MoE) has announced a JPY300 million ($1.9 million) subsidy programme for seaweed-based carbon removal projects, and a Japanese developer has signed a five-year agreement with an Indonesian partner to advance mangrove restoration. Scientists studying coastal ecosystems and biodiversity for blue carbon projects in a tropical mangrove forest in Indonesia. AI generated picture. Blue carbon refers to the carbon stored in coastal and marine...
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Governments
Blue carbon
Asia
Indonesia has established a greenhouse gas emissions baseline for its seagrass ecosystems, marking a significant early step in the development of a blue carbon framework for the country's marine and fisheries sector. Indonesian seagrass meadows...
Carbon markets
Blue carbon
Asia
South Korea’s carbon market is entering a decisive period in 2026, marked by tightening supply in its compliance system and parallel efforts to expand carbon trading into marine ecosystems. Diver inspecting a South Korean seaweed farm, monitored by...
Nature-based solutions
Africa
Blue carbon
Carbon units
Mangrove
A major blue carbon project in Mozambique has reached a significant milestone with the planting of 10 million mangrove trees across 1,300 hectares of coastal wetlands. The announcement was made at the UN Ocean Conference in Nice, France, marking a...
Net zero
Green bond
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Paris Agreement
The Jamaica Stock Exchange (JSE) is set to introduce innovative 'blue-green' bond products by mid-2024. This initiative is part of Jamaica's broader strategy to invest $5 billion by 2050, aimed at mitigating the impacts of environmental instability....
Carbon credits
Governments
Nature restoration
Blue carbon
In collaboration with MSA Green Projects, Oman's Environment Authority launched the Oman Blue Carbon project. The goal is to plant 100 million mangrove trees, aligning with the National Zero Carbon Strategy 2050. This venture anticipates the removal...
Nature conservation
Sustainability
Nature-based solutions
Blue carbon
Pakistan has set a new goal for its carbon trading sales, targeting $12 billion in revenue by launching a mangrove plantation project in the Indus Delta of the southern Sindh province. Officials have confirmed $40 million worth of carbon credits...
Carbon credits
Carbon markets
Blue carbon
In support of its commitment to sustainability and reaching net zero, Shopify Inc has acquired inaugural carbon removal credits from ocean carbon removal innovator Running Tide. Running Tide sank 1,000 tonnes of limestone-coated wood waste to the...
Carbon credits
Governments
Marine Ecosystems
Blue carbon
The Bahamas' blue carbon credits hold significant value, potentially exceeding $50 billion, and could generate annual revenue in the hundreds of millions, according to Antoine Bastian, Executive Chairman and CEO of Genesis Fund Services Limited. In...
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