Sustainability and carbon market news

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,...

TikTok has launched a new partnership with carbon intelligence company Scope3 to help advertisers track and reduce the environmental impact of their campaigns. The collaboration provides a data-driven approach to measuring carbon emissions from ad...

This year at the Dutch Blockchain Week 2025, held from 19 to 25 May in Amsterdam, Carbify was awarded the Best BCNL Community Award, acknowledging its focus on transparency and environmental engagement within the Web3 space. A drone flying over...

The Tokyo Metropolitan Government (TMG) has rolled out a new digital platform for trading carbon credits, aiming to boost environmental action among smaller businesses and drive progress toward its 2030 emissions reduction targets. View of the...

Amazon has launched a new service allowing qualified companies to purchase high-integrity carbon credits through its Sustainability Exchange, an online hub designed to support corporate decarbonisation efforts. The move is part of Amazon’s broader...

Singapore is set to take a significant step in its carbon reduction strategy by purchasing its first batch of compliant carbon credits. The move aligns with its broader plan to meet Nationally Determined Contributions (NDCs) under the Paris...

TikTok is making a major move toward sustainability, committing to remove 5,100 tonnes of CO₂ from the atmosphere by 2030. This bold initiative reflects a growing recognition of the platform’s environmental footprint, as its global video-streaming...

Tesla’s latest earnings report highlights a striking contrast: while profits decreased, its carbon credit revenue soared to record levels. The company posted $8.4 billion in net income for 2024, marking a 23% drop from the previous year and a 40%...

A groundbreaking partnership between Teesside University and waste recycling company Scott Bros aims to revolutionise carbon sequestration through an innovative soil mixture. The collaboration, which has been in progress for two years, focuses on...

Researchers behind the UN-commissioned Modeling Fuelwood Saving Scenarios (MoFuSS) tool have updated their methods to improve the precision of firewood usage data in Africa. This enhancement seeks to address criticisms of over-crediting in the...

CEEZER, a Berlin-based carbon credit platform, is making strides in enhancing transparency within the voluntary carbon market (VCM) by introducing a real-time monitoring, reporting, and verification (MRV) system. This development, created in...

A recent analysis has revealed that TikTok's annual carbon emissions are likely higher than Greece's total emissions. According to Greenly, a Paris-based carbon accounting consultancy, TikTok emitted approximately 7.6 million metric tonnes of carbon...

Isometric has announced partnerships with seven digital monitoring, reporting, and verification (dMRV) providers to transform how carbon removal projects achieve certification. The collaboration aims to streamline data submission, reduce costs, and...

The Climate Action Data Trust (CAD Trust), a leading platform for carbon metadata, has announced the integration of Gold Standard, the world’s second-largest carbon registry, into its system. This marks a significant step in streamlining carbon data...

The 29th UN Climate Change Conference (COP29) is set to address the growing environmental impact of artificial intelligence (AI) for the first time. Kicking off in Baku, the event includes a dedicated ‘Digitalisation Day’, where industry leaders,...

The Science Based Targets initiative (SBTi) has introduced a new platform, SBTi Services, designed to meet the surging demand for target validation as more companies commit to environmental goals. The online tool, which includes a validation portal,...

Isometric, a science-powered carbon registry, has introduced a new reforestation protocol designed to enhance the transparency and reliability of nature-based carbon removal. This comes in response to the increasing demand for accurate carbon...

Gold Standard, a leading carbon registry organisation, has announced a new pilot programme to test digital Measurement, Reporting, and Verification (dMRV) solutions. The initiative aims to streamline and enhance the accuracy of reporting for carbon...

Northern Trust has officially launched its blockchain-based platform, the Northern Trust Carbon Ecosystem, facilitating institutional carbon credit transactions. This platform enables institutional buyers to digitally purchase and retire carbon...

Lucas Di Grassi, a well-known figure in the world of motorsport, is driving more than just high-speed cars—he’s leading a charge towards sustainability. As a co-founder of the Zero Summit, a platform dedicated to promoting zero-carbon technologies,...

The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have launched a new interoperability mapping tool designed to streamline biodiversity reporting for businesses. This tool aligns TNFD Disclosure...

Sri Lanka is embarking on a significant project to map all tree species across the island, paving the way for its entry into the global carbon credit market. Ruwan Wijewardene, Senior Presidential Advisor on Climate Change, made the announcement,...

Engie, a leading power company in Europe, has pre-ordered 5 million tonnes of nature-based carbon removals from climate finance firm Catona Climate. This strategic move aligns with the recent IPCC (The Intergovernmental Panel on Climate Change)...

An Italian nature tech company, 3Bee, is set to introduce a standardised biodiversity framework by the end of this year, aiming to launch its first certified biodiversity credits in 2025 for the European voluntary market. Simone Mazzola, COO of...

A UK climate tech startup, Dendra Systems, has successfully raised $15.7 million in Series B funding to enhance its AI-driven platform aimed at restoring ecosystems. Announced in early May, the Oxford-headquartered company secured this latest round...

In a significant boost to the carbon offsetting sector, Treefera has secured $12 million in Series A funding, just seven months after a $2.2 million pre-seed round. The London-based company is at the forefront of utilising AI and data to increase...

In a significant advancement within the environmental and agricultural sectors, Verra is taking a pivotal step forward by developing a new module designed to enhance the quantification of soil organic carbon (SOC) using cutting-edge digital soil...

Hong Kong's government has taken a significant step in the financial world by issuing 6 billion Hong Kong dollars (approximately $765 million) in digital green bonds. This innovative move introduces the world's first multi-currency digital bond...

HSBC has teamed up with Google Cloud to financially back firms that are at the forefront of creating technology-driven solutions for nature conservation. This partnership centres around Google Cloud's Ready-Sustainability programme, which is...

Hitachi, a key player in Japan's corporate landscape, recently issued five-year green bonds with a competitive coupon rate of 0.598%. Notably, Nippon Life Insurance has shown confidence in this sustainable financial approach by acquiring half of the...

Pachama has successfully concluded its Series B funding round extension, securing an additional $9 million, marking a significant step forward in advancing sustainability initiatives. The extension, spearheaded by T.Capital, the corporate venture...

In the world of nature tech startups, an impressive $7.5 billion in investments has materialised over the past five years. This growth is intimately tied to the escalating emphasis on corporate impact reporting, a phenomenon that has been a boon for...

CarbonFarm Technology, headquartered in Paris, has successfully raised €2.5 million ($2.6 million) in seed funding to spearhead efforts in reducing carbon emissions associated with rice farming, utilising satellite-validated carbon credits. Aerial...

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...

Apple has taken a significant step towards its ambitious 2030 climate goal by introducing its first-ever carbon-neutral product in the latest Apple Watch lineup. Through innovations in design and clean energy, the emissions from each carbon-neutral...

In an effort to protect natural spaces from the encroachment of urbanisation in Singapore, Ashley Welch, a biodiversity specialist, has introduced the Singapore Biodiversity Accounting Metric. Developed in collaboration with Aecom and Camphora over...

The United States Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) has granted over $13 million to 23 projects aimed at advancing carbon capture technologies and their applications, with the potential to reduce carbon...

In a groundbreaking move, Puro.earth, the leading platform for engineered carbon dioxide removals (CDR), has teamed up with Xpansiv, a global market infrastructure for data-driven environmental commodities. This collaboration marks a significant...

Ripple (XRP), a leading blockchain company, has made a groundbreaking move by investing $100 million in carbon markets. This strategic investment aims to accelerate carbon removal activities and modernise carbon markets through innovative...

London-based climate intelligence startup, Sylvera, has closed a substantial $57 million Series B funding round. It was led by Balderton Capital, with participation from existing investors Index Ventures, Insight Partners, Salesforce Ventures, and...

The United States Agriculture Department has announced the establishment of a monitoring and data collection network with the objective of measuring greenhouse gas emissions and quantifying carbon capture in farming practices. This initiative,...

Australia's digital farming sector takes a significant leap forward as tech pioneer Sensand secures a $6 million funding injection. The funding, provided by high-profile businessman Robert Costa, Chairman of goFARM and Costa Asset Management,...

In a significant step towards combating climate change, the Smithsonian Tropical Research Institute (STRI) has been awarded a $12 million grant from the Bezos Earth Fund to support the GEO-TREES project. GEO-TREES is an international consortium that...

ASUS, a global technology leader, has unveiled a groundbreaking solution at Computex 2023. ASUS Carbon Partner Services is an end-to-end offering designed to provide business customers with carbon-offset options that are high-quality, accountable,...

S&P Global Sustainable1 has introduced Nature & Biodiversity Risk, a groundbreaking dataset that evaluates the impact of nature-related risks and dependencies on companies' direct operations. The dataset covers over 17,000 companies and more than...

The University of Minnesota is set to receive a $20 million grant over five years from the National Science Foundation (NSF) and the United States Department of Agriculture's (USDA) National Institute of Food and Agriculture (NIFA) to lead the AI...

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...

The European Union (EU) plans to provide permits, regulatory support, and easier access to public and private funding for specific strategic green technologies. This move aims to meet at least 40% of the EU's annual deployment requirements,...

Tesla set a new record in carbon credit sales in 2022 from selling credits to other automakers. Find out how the company has positioned itself as a leader in the electric vehicle and carbon credit markets through its clean energy operations. Tesla’s...