Sustainability and carbon market news

The Indonesian Ministry of Forestry has issued Regulation No. 6/2026, a new framework designed to expand access to the country’s forestry carbon market, simplify trading procedures, and increase the supply of high-integrity carbon credits. Aerial...

Two new studies have delivered urgent findings about the world's most important rainforests, and the conclusions point in the same direction. Deforestation and inadequate land management are pushing both the Amazon and the Congo Basin closer to...

A coalition of major coffee traders and roasters has launched a satellite-based mapping initiative designed to help companies meet the requirements of the EU Deforestation Regulation (EUDR). The Coffee Canopy Partnership includes JDE Peet's, Tchibo,...

The Science Based Targets initiative (SBTi) has published Version 1.2 of its Forest, Land and Agriculture (FLAG) Science-Based Target-Setting Guidance. The update takes effect immediately and applies to all companies required to set FLAG targets...

Forest degradation—the partial damage of forested areas—is responsible for more forest carbon loss across the tropical belt than outright deforestation. Until now, Verra's REDD+ (Reducing Emissions from Deforestation and Forest Degradation)...

Verra has marked a significant milestone in the voluntary carbon market with the issuance of its first carbon credits labelled under the Core Carbon Principles (CCP) using the Improved Forest Management (IFM) methodology VM0045. The issuance follows...

Italy has taken a decisive step toward integrating nature conservation with market mechanisms by launching a national registry for voluntary carbon credits. The initiative aims to protect the country’s ten million hectares of forests and ensure...

Uganda has endorsed a new national framework aimed at reversing decades of forest loss while opening pathways for sustainable economic growth through carbon crediting. Scenic green forest in Uganda. AI generated picture. The National Strategy on...

Meta and Microsoft have committed to purchasing nearly 1.4 million carbon removal credits from a forestry project on Washington State’s Olympic Peninsula, marking a significant investment in nature-based solutions. The initiative is designed to...

A new $200 million fund backed by Japanese capital is set to acquire and manage forestland across the United States, with the goal of generating both carbon credits and sustainable timber revenues. The fund, launched through a partnership between a...

Google has announced a significant new partnership in its ongoing sustainability efforts, purchasing 50,000 metric tonnes of nature-based carbon credits from Brazilian startup Mombak. This move marks a notable shift in Google’s carbon removal...

A recent study reveals that improved forest management (IFM) and conservation efforts in the coastal temperate rainforests of western North America could significantly reduce carbon emissions. The research estimates potential reductions of over 9...

Vietnam has successfully generated $51.5 million by transferring 10.3 million tonnes of CO2 credits to the World Bank, according to the Forestry Department. This marks a significant milestone in the country’s emerging forest carbon trading...

Researchers from the Center for International Forestry Research (CIFOR) highlight that understanding a country's forest cover and its changes is crucial for designing effective REDD+ (Reducing Emissions from Deforestation and Forest Degradation)...

The Dunleavy administration has finalised regulations to initiate the sale of carbon offset credits on state land. Following the Legislature’s approval of Senate Bill 48 in May last year, the new regulations will be effective from 19 July 2024. A...

The United Nations Development Programme (UNDP) and the Forestry Development Authority (FDA) will launch the LEH GO GREEN project in Monrovia. This initiative, backed by the European Union (EU) and its Member States, prioritises forest ecosystem and...

Apple has successfully secured an additional $80 million investment for its Restore Fund, a pivotal move that escalates the fund's total investment to $280 million. This fund is instrumental in financing projects focused on eliminating carbon...

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...

Western Australia is set to halt commercial logging in its old-growth and native forests from the beginning of next year, following a government plan released on 15 December. The initiative aims to protect the state's biodiversity, including trees...

In a groundbreaking move during COP28, the Governors' Climate and Forests Task Force (GCF Task Force) rallied for a $1 billion investment, igniting the creation of a ‘new forest economy’. The urgency behind this initiative lies in redefining...

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...

Paraguay, under President Santiago Peña's recent approval of the Carbon Credits Act on 12 October 2023, is setting a precedent in Latin America with the establishment of a comprehensive Registry. This Registry, a key component of the Act, will...

In an exciting breakthrough, scientists from the University of Cambridge are leading a transformative approach to carbon credits, offering a fresh perspective on tropical forest conservation. This innovative method is poised to revolutionise the...

In a bid to protect its pristine natural landscapes, the government of British Columbia has introduced a groundbreaking initiative: the Conservation Financing Mechanism. This visionary project, boasting a substantial budget of $300 million,...

Japanese forestry company Sumitomo Forestry has spearheaded a groundbreaking initiative by launching a fund worth over $420 million. The fund, a joint effort involving 10 Japanese corporations, aims to manage North American forests and create carbon...

Despite the challenges in safeguarding natural forests, Cambodia's Ministry of Environment remains confident in its ability to sell carbon credits for socio-economic development. During a recent training session on climate change and REDD+ (Reducing...

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...

A recent study conducted in Canada's National Forest Inventory reveals that maintaining diverse forests leads to increased carbon and nitrogen accumulation in the soil, which sustains soil fertility and advances climate resilience. View from above...

Deforestation in the Brazilian Amazon has hit its lowest level since 2019, according to data from the National Institute for Space Research (INPE) DETER-B space programme. In April, an aggregated area of 288 square kilometres was deforested, down...

The Institute for Forest and Agricultural Management and Certification (Imaflora) introduced the Carbon On Track Restoration platform, a new initiative that calculates carbon removed in restored forest areas. The platform combines Imaflora's...

France, along with two non-profit organisations, pledged a total of €100 million towards an action plan designed to protect the world's tropical forests. President Emmanuel Macron made the announcement at the One Forest Summit, a two-day conference...

A tropical kelp forest, a form of algae often only seen in cooler waters, has been discovered south of the Galapagos Islands, a significant victory for the environment. Researchers from the Charles Darwin Foundation, working with the Galapagos...

Isolated wetlands operate as pollution-catching powerhouses by filtering excess nitrogen produced by urban spaces and agricultural activities, protecting downstream waters. A study team from the University of Waterloo, using satellite imaging and...

Oak Hill Advisors, one of the major players in credit markets, made the biggest bet yet on the forest carbon market, in the amount of $1.8 billion. A transaction initially planned at $500 million, Oak Hill Advisors managed to secure a $1.8 billion...

The Indonesian government is hoping that its forests will not only be carbon neutral but also act as a carbon sink by the year 2030. This aim is part of a larger strategy that the government is employing to reduce its carbon emissions. Reducing...