Sustainability and carbon market news

Thailand’s national carbon body has launched a centralised digital platform to connect private developers with government land management agencies on forestry-based carbon projects. A researcher reviewing satellite forest mapping data on a tablet...

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,...

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...

As COP30 drew to a close, Amazon has reaffirmed its commitment to afforestation, reforestation and revegetation (ARR) as a core pillar of its carbon removals strategy, signalling continued confidence in nature-based solutions even as debates around...

Australian land restoration firm Covalent Land is preparing to undertake the largest Environmental Plantings (EP) project in the country’s history, with plans to reforest 3,000 hectares in 2025. This marks a new milestone for carbon farming in...

Verra, a leading nonprofit in the voluntary carbon market, has unveiled its latest initiative, the ABACUS label. This new certification sets a higher standard for carbon credits derived from ecosystem restoration and reforestation projects. Close-up...

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)...

Verra has announced a public consultation to gather feedback on proposed updates to its Verified Carbon Standard (VCS) Methodology VM0047 for Afforestation, Reforestation, and Revegetation (ARR), version 1.0, and the associated module VMD0054....

In a major push towards environmental sustainability, Microsoft Corp has teamed up with key Brazilian figures, including a former central banker and a prominent billionaire family, to undertake extensive reforestation in Brazil. This collaboration,...

Verra is pioneering a significant advancement in deforestation risk mapping across several jurisdictions, aiming to refine the allocation of deforestation data for conservation projects. This initiative marks a crucial phase preceding the...

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...

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 proactive move towards environmental sustainability, Punjab's Caretaker Chief Minister, Syed Mohsin Raza Naqvi, has spearheaded efforts to establish a comprehensive carbon credit plan to accelerate tree planting across the region. During a...

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...

In a surprising move, the Kenyan government announced a national public holiday on 13 November 2023 dedicated to planting trees. This initiative is part of an ambitious plan to plant an astounding 15 billion trees by 2032. Interior and National...

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...

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...

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...

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...

Credit One Bank joined forces with the Arbor Day Foundation in a new partnership aimed at supporting reforestation and community forestry projects. The bank's reforestation efforts will be spearheaded by customers who opt-in for paperless accounts....

The Energy Transitions Commission (ETC) released a report detailing the financial implications of ending deforestation. The report, titled Financing the Transition: the Costs of Avoiding Deforestation, estimates that a minimum of $130 billion per...

Forests play an essential role in many aspects of our lives, ranging from wellbeing to agriculture. The European Commission recognises the importance of forests in achieving the European Union’s (EU) climate and biodiversity objectives. It adopted...

Liimerick Enterprise Development Partnership (LEDP) announced it will plant 7,000 native Irish woodland trees in County Limerick this March to celebrate National Tree Week. This planting initiative is part of the organisation's commitment to...

The United Kingdom (UK) government announced a fund of £14 million so that local governments and community organisations can enhance wellbeing by planting trees. After the introduction of two major financial initiatives fostering plant growth,...

Alternative asset manager TPG Rise Climate-backed carbon credit firm Rubicon Carbon announced it would raise $1 billion in capital and be run as a separate entity. The company seeks to source and fund projects that remove carbon and sell the credits...

During the last few centuries, the forest cover of Ireland went down to just 1% in 1929 from 80% initially. Indeed, human beings have proved to be cruel when it comes to trees! However, the nation has been able to increase its forest cover since...