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Sustainability and carbon market news

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Carbon credits set to transform Alaska's forest management

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 nature landscape view of Haines State Forest, Alaska. AI generated picture. A public process to amend the state forest management plan for carbon offsets has begun in Haines, with the state’s carbon offset programme manager, Trevor Fulton, projecting that it will take another 18 months to two years...

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Stafford Capital raises millions for forest carbon credit fund from UK pension schemes

Stafford Capital Partners secured $242 million in initial commitments from three UK local government pensions schemes (LGPS) for its Stafford Carbon Offset Opportunity Fund. The fund was launched in December 2022 with a $1 billion target. The fund...

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