Sustainability and carbon market news

Australia’s coal mining sector will more than double its demand for carbon credits by the 2029-30 financial year, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). Net demand is projected to...

The UK government has published its first official list of overseas carbon pricing schemes that qualify for price relief under the country's Carbon Border Adjustment Mechanism (CBAM). The list covers 16 countries and gives exporters and importers...

All 27 European Union countries must submit draft National Restoration Plans to the European Commission by 1 September 2026. The deadline marks an early milestone under the Nature Restoration Regulation, Europe's first continent-wide law to set...

The UK government plans to make deforestation checks a legal requirement for businesses that trade in forest-risk commodities. Confirmed during London Climate Action Week, the measures shift responsibility for deforestation risk from voluntary...

Carbon methodology development gathered pace in recent weeks, with three separate bodies approving new and revised standards for forestry, agroforestry, rice, and biochar projects across voluntary and national markets. A farmer applying biochar to...

Zambia has launched a national carbon registry to strengthen oversight of its carbon market and prepare the country for wider participation in international trading under the Paris Agreement. The Zambia Carbon Registry went live on 7 August 2026,...

Kazakhstan has adopted a detailed set of operating rules for cooperative carbon markets under Article 6 of the Paris Agreement, opening a clearer route for project developers and placing forestry among the country's priority areas for investment....

Buyers recorded their strongest quarter yet for carbon dioxide removal (CDR) in the second quarter of 2026, committing to a record 2.1 million tonnes of carbon dioxide (MtCO2), according to a new market review from ClimeFi. The total marks an...

The Greenhouse Gas Protocol (GHGP) and the International Organization for Standardization (ISO) will combine their carbon accounting standards into a single approach for companies to account for their emissions. Professionals analysing corporate...

The European Commission has published its long-awaited EU Emissions Trading System (EU ETS) review proposal, and the carbon market responded with a rebound. Following the announcement on 17 July 2026, EU Allowance (EUA) prices climbed by roughly €7,...

Gold Standard has introduced a new framework for organisations to take financial responsibility for the carbon emissions they continue to generate while they decarbonise. Ongoing Emissions Responsibility (OER) features in a report published on 24...

Spot prices for CORSIA-eligible credits jumped within days, as policymakers eased planned quality rules for the scheme’s first compliance phase and extended its role in international aviation policy through to 2035. The moves reverse months of...

The carbon market is being reshaped by a clear shift towards quality. Buyers are paying more for higher-integrity credits, the standards behind those credits are tightening, and new sources of demand are opening as corporate and compliance...

The first soil credits certified by a voluntary Japanese standard have sold at a premium, priced on the value of living ecosystems alongside the carbon they store. The credits changed hands at 20,000 Japanese yen ($124) a tonne of CO₂ equivalent...

Microsoft's total emissions reached 20.29 million tonnes of carbon dioxide equivalent in its 2026 Environmental Sustainability Report, a 25% rise from the 16.2 million tonnes recorded the previous year. The increase raises challenges for the...

Kazakhstan has established a legal basis for taking part in Article 6 of the Paris Agreement, opening the way for the country to trade carbon credits internationally. President Kassym-Jomart Tokayev signed a package of amendments to Kazakhstan’s...

Google has reaffirmed its 2030 net-zero target, while admitting in the same report that artificial intelligence (AI) is making the path to that target "more complex and challenging than ever". Aerial view of a Google data center powered by nearby...

The Philippines has adopted a national policy for nature-based solutions (NbS), establishing a framework to scale ecosystem restoration across the country and naming carbon finance among its funding sources. Local community members planting mangrove...

The 2026 FIFA World Cup could generate over 9 million tonnes of carbon dioxide equivalent (CO₂e), according to a new report from the New Weather Institute. The projection would make the tournament the highest-emitting World Cup on record, roughly...

Biochar is gaining traction as a scalable carbon sequestration tool within the verified carbon market. New data from Argentina and a newly inaugurated plant in Cote d'Ivoire show both the scale of the opportunity and its growing real-world...

The Carbon Markets Association of India (CMAI) has launched a marketplace for Article 6 of the Paris Agreement. The platform gives organisations a single point of access for participating in international carbon markets. A man participating in the...

The Science Based Targets initiative (SBTi) expects a significant rise in demand for carbon credits, following the launch of an updated Corporate Net-Zero Standard. SBTi chief executive David Kennedy said companies that help fund carbon market...

Carbon credit retirements have accelerated across multiple distinct market segments, with a landmark US energy company transaction, a milestone for the carbon dioxide removal (CDR) sector, and compliance-driven activity in South Africa providing a...

Corporate climate commitments among the world’s largest companies have tripled since 2019, with nearly three-quarters of Fortune Global 500 (FG500) companies now holding at least one sustainability target, according to new research. Company managers...

The International Organization for Standardization (ISO) has launched a 12-week public consultation on ISO 14060—the Net Zero Aligned Organizations Standard. The draft is the world’s first international, independently verifiable standard designed to...

Amazon has opened its carbon credit platform to qualified businesses in the United Kingdom, marking the first international expansion of the programme since its US launch in 2025. A professional workspace featuring the Amazon Sustainability Exchange...

The Science Based Targets initiative (SBTi) has published its Corporate Net-Zero Standard Version 2.0 (CNZS2), the most comprehensive update to its corporate net-zero framework to date. The standard formally recognises the use of carbon credits,...

Ukraine has approved a regulatory framework for the international issuance and transfer of carbon credits under Article 6 of the Paris Agreement. The cabinet of ministers adopted the measure on Wednesday, giving the country its first formal legal...

IATA has launched the Supporting Alliance for CORSIA EEU Supply, a new coalition tasked with resolving a growing shortage of eligible carbon credits under the aviation sector’s international carbon compensation scheme. Aerial view of a busy...

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 UK government has published its proposed seventh Carbon Budget, targeting an 87% reduction in carbon emissions from 1990 levels during the 2038 to 2042 period. Electric vehicles charging at a modern UK station powered by nearby wind turbines and...

The Democratic Republic of Congo (DRC) is set to introduce Lumiere, its new national carbon registry, at the 8th Global Environment Facility Assembly in Samarkand, Uzbekistan, in June. Full operation of the platform is expected later in 2026,...

The European Commission has published updated guidance on the Carbon Border Adjustment Mechanism (CBAM), clarifying key requirements for importers as the regulation has reached the point of full implementation on 1 January 2026. An active European...

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...

Public revenues from carbon pricing reached $107 billion in 2025, tripling over the past decade, according to the World Bank's State and Trends of Carbon Pricing 2026 report. A biodiverse rainforest illustrating nature-based carbon credits. AI...

Capital committed and deployed into the global carbon-credit market reached $22 billion in 2025, according to MSCI Carbon Markets data. That figure represents a 72% increase on 2024 and more than five times the levels recorded in 2021. The growth is...

The Science-Based Targets Initiative (SBTi) will release guidance on the use of carbon credits and market mechanisms by the end of 2026's follow-on year, as part of a newly published strategy covering the 2026–2030 period. A man reviewing ESG data...

Morocco and Norway have signed a new cooperation agreement on carbon markets, setting out a framework for joint emissions-reduction projects and renewable energy investment. Moroccan and Norwegian officials engaging in a formal agreement, with a...

Spanish lender CaixaBank has launched a carbon credit trading platform aimed at corporate clients, giving businesses a single channel through which to compensate for hard-to-abate emissions in their value chain. CaixaBank executives reviewing...

The European Commission has opened a public consultation on draft rules clarifying how carbon prices paid outside the European Union will reduce importers' obligations under the Carbon Border Adjustment Mechanism (CBAM). The proposal recognises, for...

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...

Japan and Vietnam have formally updated their Joint Crediting Mechanism (JCM) agreement to align with Article 6 of the Paris Agreement, the international framework governing carbon market cooperation between countries. Japanese and Vietnamese...

New Zealand has released a new assurance framework to support the development of verified nature and carbon markets domestically, giving buyers, landowners, and project developers greater confidence in market integrity. Environmental workers...

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,...

TotalEnergies recorded its highest first-quarter carbon credit expenditure since entering the market in 2021, spending $28 million in the first three months of 2026, according to the French energy company's Q1 earnings report. A family in rural...

The Science Based Targets initiative (SBTi) has revised the Absolute Contraction Approach (ACA), the methodology companies use to calculate near-term emissions reduction targets. The update brings the method into line with the direction proposed for...

Kenya has launched the Biodiversity Finance Initiative (BIOFIN) in partnership with the United Nations Development Programme (UNDP), positioning the country's natural ecosystems as productive economic assets rather than environmental liabilities....

South Korea is making a concerted push to develop its domestic verified carbon market, pairing new institutional infrastructure with planned legislation to bring structure and scale to carbon credit activity in the country. The Korean Voluntary...

Climate Impact Partners, Green Earth, and a multinational pharmaceutical company today announced a long-term offtake agreement for the full volume (in excess of 1.5 million tonnes) of expected verified carbon credits from the Mount Kenya...

Green Earth attended the European Climate Summit (ECS) 2026, where speakers from across the energy, finance, and policy sectors gathered to discuss the evolving role of carbon markets. Several sessions stood out for their relevance to the verified...

Australian facilities covered by the Safeguard Mechanism (SGM) surrendered significantly more carbon credits in the 2024–2025 financial year, with demand rising 52% compared to the previous year. An industrial worker and an office professional...

Amazon Web Services (AWS) retired 156,000 tonnes of carbon dioxide equivalent (tCO2e) in carbon credits within a single week, making it one of the most significant single-period retirement events recorded on the American Carbon Registry (ACR). The...

The UK's Department for Science, Innovation and Technology (DSIT) is procuring carbon credits to address the embodied emissions from constructing a new headquarters for the European Centre for Medium-Range Weather Forecasts (ECMWF). The department...

The voluntary carbon market opened 2026 with a clear signal: buyers are choosing quality over quantity. New data from carbon market analytics firm Sylvera shows that credit retirements fell 8% year on year in Q1 2026, reaching 51 million from 55.3...

Corporate sustainability target-setting is accelerating. New data from the Science Based Targets initiative (SBTi) shows that the number of companies with validated science-based targets grew by 40% in 2025, reaching 9,764 by year-end. The milestone...

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...

Norway and Pakistan have formalised a bilateral cooperation agreement on carbon markets under Article 6.2 of the Paris Agreement, marking Pakistan's first such deal. Norwegian and Pakistani business leaders discuss sustainable agriculture projects...

Tokyo's carbon credit programme enters a new phase in the fiscal year 2026 (FY2026), with the Tokyo Metropolitan Government (TMG) opening applications for its Carbon Credit Utilisation Promotion Project. The scheme, first introduced in FY2025,...

A study published in Communications Earth & Environment on 18 March 2026 has offered the first detailed assessment of how beavers influence carbon dynamics in the landscapes they inhabit. The findings add a new dimension to the science of...

Three of Europe's largest energy companies—Eni, TotalEnergies, and Engie—posted record carbon credit activity in 2025, with nature-based solutions (NbS) at the centre of each company's strategy. The announcements, each disclosed in annual ESG or...

Two developments this week point to a carbon border landscape that is gaining both regulatory depth and global reach. In Brussels, a draft regulation proposes recognising Article 6 carbon credits under the EU's Carbon Border Adjustment Mechanism...

Sustainable Aviation, the UK aviation industry coalition, has announced a commitment of more than $2.5 million (£2 million) in Greenhouse Gas Removal (GGR) credits. The move is designed to accelerate the early-stage development of this emerging...

The Council of the European Union has formally approved an amendment to the EU environmental law, setting a legally binding target to reduce net greenhouse gas (GHG) emissions by 90% by 2040 against 1990 levels. The decision marks the final...

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...

Europe's independent environmental science advisers have called for the EU to begin preparations to include agriculture in its emissions trading framework without further delay. The European Scientific Advisory Board on Climate Change, the bloc's...

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...

The Belgrade Stock Exchange is developing a carbon trading system designed to support domestic companies navigating increasingly stringent European emissions requirements. According to Chief Executive Lazo Ostojić, the initiative mirrors the...

Bolivia is preparing to publish its national carbon market regulatory framework by the end of April 2026. The announcement was made by Jorge Avila, Vice Minister for Environment, at the Bolivia Carbon Forum in Santa Cruz de la Sierra. Bolivian...

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)...

Mercedes AMG Petronas F1 Team has announced a partnership with a UK-based carbon dioxide removal (CDR) portfolio manager, to broaden its CDR activities as part of a broader net-zero strategy. Mercedes AMG Petronas F1 Team with their car on the...

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...

The voluntary carbon market (VCM) is currently undergoing a structural shift toward high-integrity assets, and a recent development in Nigeria marks a pivotal moment in this transition. For the first time, the US-based standard Verra has issued...

Kenya has taken a significant step toward strengthening its role in international carbon markets with the launch of a national carbon registry aligned with Article 6 of the Paris Agreement. View through the window of Kenya’s reforestation efforts,...

The voluntary carbon market (VCM) enters 2026 on a more resilient footing, shaped by a year of political headwinds, regulatory breakthroughs, and a decisive shift toward integrity-led growth. View from modern office buildings over a lush green...

Egypt has introduced mandatory carbon reporting and offsetting requirements for large non-bank financial institutions, formally embedding environmental risk into financial supervision. An over-the-shoulder view of businessmen working in an office at...

The European Commission has adopted the first certification methodologies under the Carbon Removals and Carbon Farming (CRCF) Regulation, establishing what it describes as the world’s first voluntary standard dedicated to permanent carbon removals....

Thailand is set to introduce exchange-based trading of carbon credits following approval from the Ministry of Finance to list them on the Thailand Futures Exchange (TFEX), marking a significant development in the country’s financial and...

A major international scientific assessment endorsed by more than 150 governments has concluded that biodiversity loss now presents a systemic risk to economies, supply chains and financial systems. The new Business and Biodiversity Assessment by...

A native afforestation project designed to restore habitat for Australia’s endangered koala has secured a notable premium in its first reported carbon credit transaction. Koala calmly resting on a tree, surrounded by the lush greenery of an...

Carbon dioxide removal and utilisation technologies are receiving renewed attention as major philanthropic backers seek to accelerate their path to commercial scale. This week, the Bezos Earth Fund announced a new funding programme designed to...

Germany’s ability to meet its legally binding net-zero target by 2045 will depend heavily on how quickly and decisively it scales up carbon dioxide removal (CDR), according to a new analysis by Carbon Gap and engineering consultancy Sweco. Under...

The UK Civil Aviation Authority (CAA) has set out a new framework encouraging airlines, travel agents and flight comparison platforms to provide passengers with consistent greenhouse gas (GHG) emissions information at the point of booking. Under the...

Carbon markets continue to play an important, if still emerging, role in mobilising private finance for nature-based solutions (NBS), according to a new report from the UN Environment Programme (UNEP), ‘State of Finance for Nature 2026: Nature in...

In a strategic move to align agricultural exports with global environmental standards, the Vietnamese government has unveiled a $102 million landscape restoration program. Known as the Recaf project, the initiative is a tripartite collaboration...

Project-based carbon credit trading was valued at between $800 million and $900 million in 2025, according to updated findings from an annual survey by Climate Focus, underscoring the continued recalibration of voluntary carbon markets amid pricing...

In a landmark development for nature-based finance, a South African grassland restoration initiative has successfully issued the world's first carbon credits to carry the Climate, Community and Biodiversity (CCB) label under Verra’s updated VM0042...

The voluntary carbon market (VCM) has entered a definitive phase of price discovery, where the financial distance between high- and low-integrity credits is expanding. According to ‘The State of Quality and Pricing in the VCM: 2026’, a joint report...

The landscape of corporate responsibility has reached a decisive turning point. As of January 2026, the Science Based Targets initiative (SBTi) has officially validated the environmental goals of 10,000 companies worldwide. This milestone marks a...

In a decisive move to modernise its Environmental, Social, and Governance (ESG) landscape, the Chinese government has introduced a new national standard for corporate environmental reporting. Titled the Corporate Sustainable Disclosure Standard No....

In a significant expansion of its environmental portfolio, Microsoft has finalised a nine-year agreement to purchase 2 million nature-based carbon removal credits from a forestry initiative in Northern Uganda. Microsoft has long recognised that...

In the rapidly evolving landscape of environmental finance, a significant shift toward quality over quantity is reshaping the voluntary carbon market (VCM). Recent data from independent ratings agency BeZero Carbon suggests that the market is...

As the calendar turns to 2026, the Australasian carbon markets are entering a pivotal phase of structural adjustment. In Australia, the convergence of tightening regulatory baselines and new contractual flexibilities is creating a complex...

In a year that tested the resilience of global green finance, the primary carbon offset market has emerged stronger and more focused, expanding by an impressive third to reach a $15.8 billion valuation in 2025. New data reveals a significant...

As 2025 draws to a close, the voluntary carbon market is entering a more defined and deliberate phase of development. After years of rapid expansion, the market has become more discerning, placing greater value on credibility, long-term impact, and...

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...

Sri Lanka has taken a notable step towards strengthening its waste management capabilities with the launch of the Green Wheels Plastic Collection Project, a collaboration between Green Earth Group and Eco Spindles. Introduced at the Monarch Imperial...

Xpansiv is set to expand its digital infrastructure into one of the UK’s most challenging sustainability-related sectors, after being chosen by energy efficiency certification agency Quidos to build a dedicated carbon registry for the country’s...

November saw renewed momentum in nature-based carbon removals, with project developers reporting substantial transaction volumes and new funding commitments despite a slowdown in equity activity. Data shows that developers disclosed around 670,000...

A new initiative is taking shape in the voluntary carbon market as a group of industry specialists moves to establish a buyer-driven coalition aimed at scaling finance for projects that target companies known as super pollutants. These...

Inter IKEA Group has taken a significant step in advancing its long-term carbon removal strategy by initiating its first large-scale nature-based carbon dioxide removal (CDR) project. Developed as part of the company’s global $108 million commitment...

The COP30 environmental summit in Belém, Brazil, closed with a marked uptick in carbon market activity and clarity on where the global sustainability process will head next year. New data shows that announcements made in the weeks surrounding the...

Honda has taken another step in its long-running engagement with US agricultural communities by purchasing 1,800 soil carbon removal credits from a major developer of regenerative agriculture projects. The deal highlights the growing interest among...

Europe’s leading luxury brands are moving to overhaul how environmental information is gathered across fashion supply chains, launching a coordinated effort to replace today’s fragmented reporting landscape with a single, streamlined system. Under a...

The cement and concrete sector has made notable progress in reducing its environmental impact over the past three decades, cutting CO₂ emissions per tonne by 25% since 1990. However, a new analysis from the Global Cement and Concrete Association...

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...

As COP30 convenes in Belém, Brazil—on the edge of the Amazon rainforest—delegates arrived with extreme weather fresh in mind. The recent typhoons in Southeast Asia, together with ongoing storm recovery in Jamaica and Brazil, brought COP30’s core...

EU carbon prices could surge to as much as €130 per tonne by 2028, setting the stage for a significant expansion in carbon capture, utilisation, and storage (CCUS) across heavy industry, according to the latest Carbonomics report from Goldman Sachs....

The latest edition of Accenture’s Destination Net Zero study shows that momentum toward value-chain decarbonisation is picking up again among the world’s largest companies. After a stall in 2024, new net zero targets are rising across...

Nigeria has taken a decisive step toward shaping its participation in global carbon markets with the release of its National Carbon Market Framework (NCMF) and the accompanying Manual of Procedures (MoP). The newly approved documents outline a...

The Science Based Targets initiative (SBTi) has unveiled the second draft of its revised Corporate Net-Zero Standard (CNZS), introducing a new framework that could reshape how companies account for ongoing emissions. The draft, known as CNZS V2, is...

European Union officials have reached a landmark political agreement on the bloc’s 2040 environmental framework, setting a collective ambition to cut net emissions by 90% from 1990 levels and defining how international carbon credits may contribute...

South Korea’s Gyeongbuk Province has entered into a landmark agreement with Mongolia to jointly advance carbon reduction projects under the Paris Agreement’s Article 6 mechanism. The move marks the first time a South Korean local government has...

A new UN report suggests that carbon pricing could serve as a powerful catalyst for sustainable growth in small island developing states (SIDS), provided it is adapted to their specific economic conditions and integrated into broader national...

As global efforts to reach net-zero emissions accelerate, a new analysis from AlliedOffsets highlights the immense scale of investment required to make carbon removal a viable pathway toward environmental targets. Aerial view of a large BECCS...

The UK could soon require airlines to purchase carbon dioxide removal (CDR) credits under a binding compliance mechanism, according to a comprehensive review of the country’s greenhouse gas removal (GGR) policies. The independent review, led by...

A coalition of 30 institutional investors controlling over $3 trillion in assets is demanding urgent policy measures to halt deforestation and ecosystem loss by 2030, warning that the world’s economies face mounting financial risks from unchecked...

European Union leaders have agreed that international carbon credits should play a role in the bloc’s upcoming 2040 environmental target, marking a pivotal moment for future demand in the carbon market. However, the final target level remains...

A new report by researchers at the University of Cambridge finds that nature-based carbon removals can play a key role in achieving long-term temperature stabilisation when combined with engineered carbon removal approaches and supported by solid...

Switzerland may need to significantly expand its purchases of international carbon credits in the next decade to stay aligned with its long-term environmental goals, according to the KliK Foundation, which manages the country’s carbon offset...

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...

Singapore has signed a new implementation agreement with Mongolia to generate carbon units (also known as carbon credits) under Article 6 of the Paris Agreement, marking its tenth such deal. The city-state’s expanding portfolio targets partnerships...

Chile is moving closer to joining the global carbon trading arena by finalising a new regulation under Article 6 of the Paris Agreement. The measure will establish a national CO₂ registry and provide the foundation for international carbon credit...

A European project has achieved a market first by issuing verified CO₂ removal credits (CDRs) from asphalt enhanced with biochar, with prices exceeding €300 ($347) per tonne of CO₂ equivalent. The credits were certified under the Finland-based...

Taiwan and Paraguay have formalised a new partnership to collaborate on carbon credit trading under Article 6 of the Paris Agreement, strengthening their joint commitment to meet UN green targets. Panoramic view of Paraguay’s rainforest with...

New York Climate Week 2025 delivered an unexpectedly structured and cautiously optimistic picture of environmental action, drawing roughly 100,000 attendees across some 1,000 events. Rather than a reprise of hand-wringing, discussions reflected an...

The global carbon market saw a record number of forward-delivered contracts in the third quarter of 2025, marking a rebound in activity and investor confidence. Data shows 65 forward offtake deals were publicly announced during Q3, up from 48 in Q2,...

Cuba has taken a significant step in its environmental policy by introducing a legal framework to regulate both voluntary and compliance carbon markets. The new measures are designed to position the country as an active participant in the Paris...

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...

Brazil has taken a significant step in global forest protection by becoming the first nation to invest in the newly created Tropical Forests Forever Facility (TFFF). President Luis Inácio Lula da Silva announced the $1 billion investment during the...

A new survey shows that family offices are accelerating their commitment to environmental, social, and governance (ESG) investments, with Hong Kong emerging as a focal point for sustainable wealth management. Family office meeting in Hong Kong with...

The biochar carbon removal (BCR) market is undergoing a rapid transformation in 2025, with demand surging to unprecedented levels. In just the first six months of the year, companies contracted 1.6 million tonnes of biochar credits—more than the...

Australia has unveiled its updated environmental target under the Paris Agreement, committing to cut greenhouse gas emissions by 62%–70% from 2005 levels by 2035. The new pledge builds on its 43% reduction target for 2030 and highlights the role of...

China’s nationwide emissions trading system (ETS) is expected to undergo a dramatic expansion over the next five years, according to a new report by the World Economic Forum (WEF) and Bain & Company. The analysis suggests the market could grow to as...

Mexico is preparing to relaunch its national carbon market with an ambitious plan that combines unlimited use of carbon offsets under its emissions trading system (ETS) and the creation of a new national registry to strengthen transparency and...

Beginning in 2026, companies operating in Spain will be required to disclose their Scope 1 and Scope 2 emissions, based on 2025 data. The new rule is the central feature of Spain’s just-launched environmental emergency plan, a wide-ranging strategy...

Brazil is moving forward with plans to establish a national carbon registry within the next 15 months, a move set to underpin its upcoming emissions trading system (ETS), the Sistema Brasileiro do Comércio de Emissões (SBCE). The registry will serve...

Corporate environmental ambition is rapidly intensifying worldwide, with the number of companies committing to both near-term and net-zero science-based targets more than tripling in just 18 months. According to the Science-Based Targets initiative...

The International Air Transport Association (IATA) has sharply revised its forecast for airlines’ carbon credit requirements under the current phase of CORSIA, the aviation sector’s global decarbonisation scheme. According to the updated outlook,...

Netflix has entered into a 15-year agreement to purchase verified carbon credits from the American Forest Foundation (AFF), backing an ambitious reforestation initiative across the southern United States. Two people watching TV in their apartment...

The UK government has released its Greenhouse Gas Removals (GGR) Business Model, a long-anticipated framework aimed at scaling up carbon removal technologies and supporting the country’s net-zero strategy. Published in August, the plan sets out...

Verra, the world’s largest environmental standards body, has teamed up with S&P Global Commodity Insights to build a new generation carbon registry. The initiative is designed to strengthen transparency, scalability, and trust in carbon...

China is preparing to overhaul its national carbon market by introducing absolute emission caps in selected industries starting in 2027. The move, announced by the State Council on 25 August, represents a major departure from the current system,...

South Korea is moving forward with plans to establish a voluntary carbon market exchange, with the launch targeted for later this year. The initiative, announced by the Ministry of Economy and Finance, is designed to boost demand for carbon credits...

Singapore has signed its eighth international carbon trading agreement under Article 6 of the Paris Agreement, this time with Thailand. The deal, announced at the Singapore Regional Business Forum in Bangkok, marks the first such partnership between...

Brazil’s federal government is making $3 billion (BRL 16.5 billion) in subsidised funds available to banks under the second phase of its EcoInvest programme, aiming to restore 1.4 million hectares of degraded land nationwide. The funding will act as...

The Australian state of Victoria has introduced a new funding initiative to encourage landowners to develop forestry projects capable of generating carbon credits. Announced on 4 August, the Victorian Trees on Farms Programme (VTOF) offers financial...

Washington State’s carbon offsets with direct environmental benefits to the state (DEBS) are forecasted to surpass $100 per tonne of CO₂ equivalent (tCO₂e) in the early 2030s under a base scenario, according to new analysis from cCarbon. The...

The carbon offset market is entering a new chapter, marked by higher quality, greater transparency, and stronger alignment with corporate net-zero ambitions. While demand slowed after 2021 due to questions over the credibility of some projects, the...

The European Union could substantially increase resources for environmental initiatives by reforming how it prices aviation under the EU Emissions Trading System (EU ETS), according to new research commissioned by Carbon Market Watch and conducted...

A new market analysis from UK-based nature restoration investor Oxygen Conservation forecasts a sharp rise in the value of premium UK carbon credits, with prices potentially reaching $672 (£500) per tonne by 2050. Kielder Forest, the UK’s largest...

South Africa has unveiled a revised draft of its Nationally Determined Contribution (NDC), introducing a new emissions target for the 2031–2035 period. This latest environmental commitment reflects a roughly 10% reduction compared to the 2026–2030...

A growing body of research is reaffirming what leading carbon project developers already know: The social integrity of greenhouse gas programmes is as vital as their ecological performance. A new paper by the Center for International Forestry...

The Science Based Targets initiative (SBTi) has unveiled its much-anticipated Financial Institutions Net-Zero Standard, a new framework designed to help the finance sector align with the global transition to a net-zero economy. This marks the first...

Turkey has unveiled its long-anticipated draft regulation for a national emissions trading system (ETS), laying the groundwork for a phased rollout of the scheme for high-emitting sectors that includes offset use up to 10% and sector-specific...

The Science Based Targets initiative (SBTi) is intensifying efforts to finalise the much-anticipated update to its Corporate Net-Zero Standard (CNZS 2.0)—a major framework overhaul expected to shape global environmental initiatives—scheduled for...

The UK is set to become the first country to formally integrate carbon removals into a regulated compliance market, marking a significant shift in environmental policy that could reshape the economics of the carbon market. By 2029, carbon removal...

The cost of carbon credits under the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) could spike to as much as $60 per tonne of CO₂ equivalent (tCO₂e) during the current compliance phase, according to new analysis by...

The Science Based Targets initiative (SBTi) has issued a fresh set of guidelines to support companies revisiting their science-based emissions targets, a key requirement under the initiative’s Corporate Net-Zero Standard (CNZS). The move comes as...

Nestlé has inked two long-term agreements to purchase carbon credits from afforestation and regenerative agriculture projects in Brazil, strengthening its strategy to decarbonise supply chains and restore ecosystems critical to cocoa production....

The European Commission (EC) has unveiled a new environmental proposal that could significantly reshape the voluntary carbon market landscape. If adopted, the European Union could become the world’s largest buyer of UN-recognised carbon credits,...

The European Commission has released a strategic blueprint to guide the development of a framework for nature and biodiversity credits across the European Union. This initiative will run in parallel with existing carbon market policies but is...

A new report by SCB Group reveals that the voluntary carbon market (VCM) is entering a period of renewed activity, spurred by regulatory momentum and shifting demand patterns. Covering the second quarter of 2025, the report highlights a notable 28%...

Uzbekistan has introduced a new law that paves the way for the creation and international trade of carbon credits, marking a significant step in the country’s environmental policy. Signed by President Shavkat Mirziyoyev, the ‘Law on Limiting...

Global carbon markets are on track for a dramatic transformation, with combined investment in carbon capture, utilisation and storage (CCUS) and carbon offsets projected to exceed $1 trillion by 2050, according to a new analysis by consultancy Wood...

A new government-led initiative has been launched by Singapore, the United Kingdom, and Kenya to accelerate the development of voluntary carbon markets and provide clear, cross-border standards for their use. Three young trees and three businessmen...

Chile is preparing to implement its first homegrown carbon offset methodology under the country’s carbon tax system, with a new pilot project designed to replace traditional wood-burning heaters with energy-efficient split air conditioning units in...

The European Commission has formally proposed a binding environmental target for 2040: a 90% net reduction in greenhouse gas emissions compared to 1990 levels. The move is a key milestone in the EU’s broader strategy to achieve carbon neutrality by...

Carbon credit retirements soared to a record-breaking 95 million in the first half of 2025, marking a pivotal moment in the voluntary carbon market’s evolution. The surge underscores growing demand for high-quality offsets and increasing alignment...

Microsoft has strengthened its position as a leader in nature-based carbon removals by signing a new agreement with Anew Climate and Aurora Sustainable Lands. The 10-year contract secures 4.8 million tonnes of carbon removal credits generated...

ByteDance, the parent company of TikTok, has taken a major step towards its environmental goals by purchasing over 100,000 premium carbon credits through Rubicon Carbon, a California-based green tech platform. The agreement gives ByteDance the right...

Meta, the tech company behind Facebook, Instagram, and WhatsApp, has opened its 2025 Request for Proposals (RfP) as part of its ongoing mission to reach net-zero greenhouse gas (GHG) emissions across its value chain by 2030. Two businessmen are...

Singapore has released a draft guidance document aimed at bringing greater clarity and standardisation to how companies within its jurisdiction use voluntary carbon credits. The move signals a step forward in the city-state’s commitment to...

Kenya has taken a significant step in aligning its carbon market infrastructure with international frameworks by releasing a draft regulation for a national carbon registry. The proposed digital system is designed to support the implementation of...

Carbon prices in the EU Emissions Trading System (EU ETS) saw a 7% rise in May, bolstered by heightened gas market volatility, renewed discussions on EU-UK ETS integration, and the launch of futures for the upcoming ETS2 market. Low-angle wide shot...

Brazil has reached a new milestone in the carbon markets with the country’s first issuance of soil carbon credits under Verra’s VM0042 methodology, a development that signals growing momentum for agriculture-based removals in emerging markets....

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...

Australia’s carbon market is off to a robust start in 2025, with a record number of Australian Carbon Credit Units (ACCUs) traded in the first quarter, and Queensland stepping up to drive future supply through a major funding round. A koala resting...

Argentina has officially opened the doors to its first carbon credit exchange, marking a significant move in the Latin American carbon market. The Bolsa Argentina de Carbono (BACX) began operations nearly 18 months after its initial announcement at...

Kenya is preparing to release three new environmental regulations aligned with Article 6 of the Paris Agreement by the end of this year, a move that could reshape its position in global carbon markets and open new avenues for bilateral cooperation....

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...

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...

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...

The voluntary carbon market (VCM) is undergoing a strategic transformation. According to the latest State of the Voluntary Carbon Market 2025 report by Forest Trends’ Ecosystem Marketplace, carbon credit trading volumes dropped 25% in 2024. Despite...

The World Bank’s Multilateral Investment Guarantee Agency (MIGA) has introduced a new insurance framework designed to reduce investor risk in the UN’s emerging carbon market under Article 6 of the Paris Agreement. This marks a significant move to...

In 2024, Saudi Aramco retired its highest number of carbon credits (mostly nature-based solutions-derived) to date, offsetting over 600,000 tonnes of carbon dioxide equivalent (tCO₂e) through a combination of crude oil cargo initiatives and broader...

The United Kingdom and European Union have unveiled a significant environmental collaboration: the formal linking of their respective Emissions Trading Schemes (ETS). The agreement, announced at the UK-EU Summit in London on 19 May, represents a...

Radisson Hotel Group has announced the debut of its first two Verified Net Zero hotels, setting a new benchmark for sustainable hospitality. Located in Manchester and Oslo, these properties have been verified by TÜV Rheinland to meet the Net Zero...

Demand is climbing fast for carbon credits tied to high-integrity reforestation and ecosystem restoration. Tech giants like Microsoft and Google are leading the charge, backing afforestation, reforestation, and revegetation (ARR) projects with price...

Microsoft has struck a major deal to secure 18 million carbon dioxide removal (CDR) credits, continuing its aggressive push to meet its 2030 carbon-negative target. The agreement, announced on 15 May, underscores Microsoft's leadership in the...

As the voluntary carbon market (VCM) shifts its focus to integrity and quality, a new analysis from carbon procurement platform Abatable finds that clean cookstove projects require enhanced budgets due to increased development costs, so buyers must...

More than 20 prominent organisations in the carbon market sector have issued a united call urging governments to create clear policy guidance that supports voluntary corporate environmental actions alongside national commitments under the Paris...

Australia is set to host its largest-ever forestry-based carbon project by land area, following the submission of a new application to the Clean Energy Regulator. The proposed Environmental Plantings (EP) initiative will span 30,000 hectares and...

In a move that underscores growing international cooperation on environmental action, Singapore and Rwanda have signed a bilateral agreement enabling the trading of carbon credits under the framework of the Paris Agreement. The deal, formalised on 6...

Australia’s carbon credit prices climbed to their highest levels in nearly four months on Monday, following the Labor Party’s strong performance in the federal election and Prime Minister Anthony Albanese’s re-election. Forestry workers planting...

The Voluntary Carbon Markets Integrity Initiative (VCMI) has introduced a new Code of Practice aimed at helping companies confront one of the most complex challenges in environmental reporting: reducing Scope 3 emissions across their value chains....

Kenya has outlined a new national strategy that will require $45 billion in international support—largely through carbon trading and investment—to meet its updated emissions reduction goals for the 2031–2035 period. An African woman prepares a meal...

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...

In a significant move to safeguard its environmental ambitions, the Dutch government has pledged €639 million ($726 million) to the Aramis carbon capture and storage (CCS) initiative—the Netherlands' largest project of its kind. The funding aims to...

Lithuanian regenerative agriculture firm InSoil has announced the launch of a €50 million private credit fund aimed at helping European farmers transition to environmentally-friendly agricultural practices. Backed by a €20 million investment from...

Microsoft has significantly expanded its carbon removal portfolio in 2024, making waves with a trio of deals that together represent one of the largest commitments to engineered carbon removal to date. These agreements, spanning reforestation,...

Pakistan has taken a significant step in entering global carbon markets by granting its first-ever approvals under Article 6 of the Paris Agreement to two distinct carbon projects. The approvals mark a new chapter in the country’s environmental...

Apple significantly increased its use of carbon credits in 2024, retiring 737,100 tonnes of CO₂ equivalent—its highest level on record. These offsets were applied to its corporate carbon footprint, which includes emissions from direct operations,...

Vietnam is moving closer to finalising the rules for its upcoming emissions trading scheme (ETS), and early signals suggest the government is leaning toward increased flexibility for participating companies. Entities covered under the scheme may be...

Brazil has announced a significant new push in its ongoing Amazon Restoration programme, opening a $26 million (BRL150 million) public call to fund reforestation projects in Indigenous territories. This marks the third such call since the...

A newly introduced US bill—the Foreign Pollution Fee Act of 2025—could shift international trade norms by tying import fees to the carbon intensity of foreign goods. Senators Bill Cassidy and Lindsey Graham are proposing legislation that aims to...

Chile’s carbon tax framework witnessed a dramatic increase in offset usage last year, with companies retiring over 4.4 million carbon credits in 2024—marking a sharp rise from just 260,000 tonnes in 2023, which was the policy’s inaugural year....

Petrobras and Brazil’s National Development Bank (BNDES) have announced the launch of ProFloresta+, a pioneering reforestation and carbon credit initiative designed to restore 50,000 hectares of degraded land in the Amazon rainforest. A forest...

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...

Integrating carbon pricing into biomass value chains could offer a financial boost to efforts aimed at clearing invasive alien trees, a new report suggests. Published by the Commonwealth Forestry Association, the study explores how carbon incentives...

Despite mixed signals in public discourse, a new PwC report reveals that most companies are staying the course—or even accelerating—on their decarbonisation targets. According to The 2025 State of Decarbonization, based on data from CDP and other...

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...

Airlines could face a carbon credit bill of up to 150 million tonnes during the first phase of the aviation sector’s emissions offsetting scheme, according to the International Civil Aviation Organization (ICAO). The programme, known as CORSIA...

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...

The Science Based Targets initiative (SBTi) has released a draft revision of its Corporate Net-Zero Standard, marking a pivotal moment for corporate environmental strategy and the carbon removal sector. The draft—Corporate Net-Zero Standard Version...

BMW Group has taken its first steps into biochar-based carbon removal, retiring 25,000 tonnes of CO2 (tCO2e) credits last year as part of its broader environmental strategy. The German automaker aims to offset up to 10% of its emissions by 2050...

Tech giant Apple has taken a new step in its sustainability efforts by retiring 100,000 jurisdictional carbon credits sourced from Guyana’s nationwide forest protection initiative. This marks the first time the company has utilised credits issued...

South Africa has announced an increase in the allowable use of carbon offsets under its tax system, a move expected to stimulate the country’s domestic carbon market. The changes, set to take effect in 2026 as part of the second phase of the carbon...

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...

Nigeria has unveiled an ambitious plan to distribute 80 million clean cookstoves nationwide, beginning with 6 million units in the Lagos State. The initiative is part of a broader strategy to generate carbon credits by reducing emissions from...

Microsoft has secured a long-term carbon credit supply agreement with a UK-based project developer, reinforcing its commitment to large-scale nature-based solutions. The deal will see the tech giant acquire 1.5 million carbon removal credits over...

The European Commission has announced significant changes to its Corporate Sustainability Reporting Directive (CSRD) and introduced a comprehensive package of proposals aimed at simplifying EU sustainability reporting requirements and reducing...

India is set to establish its own carbon market by mid-2026, a move expected to help industries transition towards cleaner energy and align with global emission standards. Power Minister Manohar Lal confirmed the timeline, emphasising that the...

Carbon pricing has long played a pivotal role in Canada’s and the United States’ environmental policies. However, shifting political landscapes in both nations are now driving significant changes to how these strategies are applied. While Canada...

Ghana is taking a significant step in the international carbon market, with plans to sell over a third of its carbon credits under Article 6 of the Paris Agreement. President John Mahama announced that 5.2 million tonnes of CO2 (tCO2) equivalent...

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...

The United Nations’ Green Climate Fund (GCF) has approved $686.8 million in funding for 11 new environmentally focused projects across 42 countries, marking a significant step toward supporting vulnerable communities and reducing global emissions. A...

The voluntary carbon market (VCM) experienced an unprecedented surge in 2024, with $16.3 billion invested across the sector, according to Abatable’s latest report. This marked an 18-fold increase in the total value of carbon credit retirements,...

A coalition of major corporations, including Amazon, ExxonMobil, and Microsoft, has launched a new initiative to address concerns over the credibility of the voluntary carbon market (VCM). The move comes as the sector faces increasing scrutiny over...

Singapore has strengthened its emissions reduction targets, pledging to cut greenhouse gas emissions by 17% to 25% between 2030 and 2035. This update, submitted to the United Nations on 10 February, refines the country’s Nationally Determined...

The Mercedes-AMG Petronas Formula One (F1) team has invested in forest-based carbon removal (CDR) projects through a new collaboration announced on 13 February. The partnership will support large-scale reforestation efforts in the Southeastern...

The Johannesburg Stock Exchange (JSE) has officially entered the carbon market, executing its first trades of carbon credits eligible for offsetting South Africa’s Carbon Tax. A total of 10,000 carbon credits changed hands on the JSE Ventures...

Google has significantly expanded its commitment to carbon dioxide removals (CDRs), securing nearly 800,000 tonnes of CO2 removals (tCO2e) to date. The company, which has been actively involved in both direct purchases and buyers' coalitions, has...

Ferrari is accelerating its commitment to sustainability while delivering a record-breaking financial year in 2024. The luxury automaker reported €6.68 billion in revenue, an 11.8% increase, driven by innovation, customisation demand, and strategic...

Lego is advancing its sustainability strategy with a $2.63 million investment in carbon removal, backing projects that actively remove CO2 from the atmosphere. This commitment reinforces the company’s long-term goal of reducing its environmental...

The sustainable bond market is poised to maintain its momentum in 2025, with global issuance projected to reach $1 trillion for the fifth consecutive year, according to Moody’s Ratings. Despite evolving political landscapes and increased scrutiny,...

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%...

Microsoft has reinforced its position as the largest buyer of carbon dioxide removal (CDR) credits with a new agreement to acquire 7 million credits. The credits will be supplied over a 25-year period, marking one of the most substantial offtakes of...

Japan is emerging as a leader in the carbon credit market, committing $70 billion to achieve net-zero emissions by 2050. The nation’s strategy combines economic growth with environmental action, focusing on renewable energy, carbon capture, and...

Microsoft has taken a bold step toward sustainability by restoring degraded lands across the Amazon and Atlantic Forests. This decision secures 3.5 million carbon credits over 25 years, aiming to counteract the surging emissions driven by the rapid...

Verra has introduced its CORSIA Label Guidance, aimed at simplifying the process for aviation carbon credit compliance. This move follows a significant milestone in December 2024 when the United Nations International Civil Aviation Organization...

Africa’s voluntary carbon market (VCM) is set to become a $1.5 trillion industry by 2050, offering significant economic opportunities for the continent, according to experts at the University of Nigeria, Nsukka (UNN). Aerial view of forest workers...

Shell and Microsoft have emerged as the largest buyers in the voluntary carbon market (VCM) in 2024, according to the Allied Offsets report. Despite sharing the goal of mitigating emissions, their approaches reveal stark differences in priorities...

Gabon is set to implement a new carbon levy on 15 February targeting aviation and maritime industries. The levy, priced at $17 per tonne of CO2 equivalent (tCO2e), is expected to cover 3–5 million tCO2e of emissions annually, according to Africa...

A new report from Sylvera, a carbon data platform, reveals a growing willingness among carbon credit buyers to pay higher prices for projects delivering robust environmental benefits. This shift comes as the voluntary carbon market grapples with...

Singapore and Malaysia have launched the Johor-Singapore Economic Zone (JS-SEZ), a landmark initiative to strengthen cooperation in key areas, including carbon credits and renewable energy. The agreement, announced on 7 January after a year of...

The United Nations climate agency has published over 30 documents related to the operationalisation of Article 6.4 of the Paris Agreement. These documents, now available on the UN Framework Convention on Climate Change (UNFCCC) website, outline...

The World Carbon Fund (WCF) achieved a positive return of +6.22% in 2024, outperforming compliance carbon markets for the fifth consecutive year, according to an investment update released Friday. Ground-level view of a wooded field with lush green...

Germany achieved a landmark $19 billion (€18.5 billion) in carbon trading revenue in 2024, marking a $103 million increase from the previous year, according to the German Emissions Trading Authority (DEHSt). An electric car driving along a country...

The global carbon credit market, which rose up to $1.4 billion in 2024, is predicted to experience substantial growth in the coming years. Recent projections suggest its value could rise to between $7 and $35 billion by 2030 and potentially reach...

New Zealand has unveiled its second emissions reduction plan, capping greenhouse gas emissions at 305 million tonnes of CO2 equivalent (tCO2e) for 2026-2030. The government is confident the country remains on track to meet its 2050 net-zero target,...

Japan-based Green Carbon has partnered with Thailand’s Rubber Authority (RAOT) to develop a groundbreaking biochar project. The collaboration formalised through a memorandum of understanding (MOU), aims to revolutionise carbon credit creation using...

Canadian agri-tech company Hempalta has acquired full ownership of the Hemp Carbon Standard (HCS), cementing its position in the voluntary carbon market. The company purchased the remaining 49.9% stake in the digital carbon platform from UK-based...

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...

Carbon Standards International (CSI), a Swiss-based registry, has introduced an updated version of its Global Biochar Carbon Sink (C-Sink) standard, version 3.1. This revision now includes the certification of carbon removal credits for biochar used...

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 International Civil Aviation Organization (ICAO) has detailed new eligibility criteria for carbon offset registries under its CORSIA programme, covering 2021–2026. Verra, Gold Standard (GS), Climate Action Reserve (CAR), and Global Carbon...

Japan has initiated a consultation process to better align its Joint Crediting Mechanism (JCM) with the carbon market rules outlined under Article 6 of the Paris Agreement. This move follows decisions made at COP29 in Baku, where global standards...

The global carbon credit market is projected to experience significant growth starting in 2025, according to a new report by MSCI. The market, valued at $1.5 billion in 2024, is forecast to surge to $35 billion by 2030 and potentially reach $200...

A recent report—The opportunity for carbon markets in ASEAN—highlights Southeast Asia’s potential to lead global carbon markets, unlocking $3 trillion in value and creating 13.7 million jobs by 2050. Some key ASEAN projects are located in...

The Tokyo Stock Exchange (TSE) will introduce a dedicated trading category for carbon credits generated from biochar and rice cultivation projects, starting 6 January 2025. This marks an expansion of its J-Credit market, launched in October 2023,...

Kenya has finalised its carbon framework, enabling project developers to secure Letters of Authorization (LoAs) under Article 6 of the Paris Agreement. These LoAs are essential for facilitating carbon projects with corresponding adjustments (CAs),...

November saw a 10-month high in voluntary carbon credit retirements, with 15.8 million tonnes of CO2 equivalent (tCO2e) retired—a 7% increase compared to November 2023, according to a recent analysis of major carbon credit registries. This growth...

The aviation industry is bracing for a major shift as a predicted shortfall in CORSIA-eligible carbon credits threatens to drive prices as high as $50 per tonne of CO2, according to a new report by MSCI. Analysts estimate a supply gap of up to 40...

The price of Australian Carbon Credit Units (ACCUs) is projected to surge by 75% to AUD 70 per tonne of CO2 equivalent by 2025, according to a report by Australian bank ANZ. The increase is attributed to rising demand from big emitters under...

The European Commission’s 2024 NextGenerationEU (NGEU) Green Bonds Allocation and Impact Report sheds light on how green bond proceeds are transforming Europe’s environmental ambitions into action. With an estimated 55 million tonnes of CO₂...

At COP29 in Baku, Norway unveiled its largest financial commitment yet to the global carbon market: a $740 million initiative to purchase carbon credits under the Paris Agreement’s Article 6. This bold move aims to drive demand in the emerging...

In a landmark collaboration unveiled during COP29 in Baku, Azerbaijan, Verra and the state of Amazonas, Brazil, have signed a Memorandum of Understanding (MOU) to revolutionise regional carbon markets. The agreement, finalised on 13 November, aims...

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 European Council has formally adopted a regulation establishing the first EU-wide certification framework for carbon removals. This marks a significant step toward standardising practices like carbon farming, permanent removals, and carbon...

The COP29 summit has delivered a historic breakthrough, finalising Article 6 of the Paris Agreement after a decade of negotiations. This pivotal achievement establishes high-integrity carbon markets, offering countries and companies a transparent...

The UK government has announced a $300 (£239) million commitment to fight deforestation in forest-rich nations, with a significant portion directed to the World Bank's Scale programme. The pledge, revealed at the COP29 summit in Baku, emphasises the...

Brújula Verde, Colombia’s largest nature-based carbon removal project, has received a $100 million investment from GenZero, Temasek's decarbonisation platform, and global commodities trader Trafigura. Located in the Orinoco River Basin, the...

The first issuance of UN-backed carbon credits under the Article 6.4 mechanism could be imminent, following COP29's approval of a blueprint to govern the market. Maria AlJishi, chair of the Article 6.4 Supervisory Body (SBM), announced that the...

Triodos Bank has announced a bold commitment to invest €500 million in nature-based solutions by the end of the decade. This initiative, revealed on Tuesday, aligns with the Dutch bank’s broader goals of enhancing biodiversity and addressing...

COP29 has become a pivotal moment for advancing global environmental cooperation, with significant progress under Article 6 of the Paris Agreement. As nearly 200 nations gather to address the urgent environmental crises, partnerships and new...

COP29 in Baku, Azerbaijan, marked a milestone in global environmental action with the adoption of a framework under Article 6.4 of the Paris Agreement. Nearly 200 nations agreed to establish a UN-managed global carbon market, enabling more efficient...

Brazil’s National Development Bank (BNDES) has approved a record-breaking $154.9 million (BRL 882 million) in funding for Amazon conservation and reforestation projects in 2024. This unprecedented allocation surpasses last year’s high of $96 million...

Carbon Direct’s 2024 State of the Voluntary Carbon Market (VCM) report highlights an urgent need to expand carbon dioxide removal (CDR), especially in nature-based solutions, to achieve global environmental goals. While CDR technologies are gaining...

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 COP29 summit commenced in Baku, Azerbaijan, with an intense first day marked by high-profile speeches and resolved tensions over the summit's agenda. UAE’s COP28 President Sultan Al-Jaber highlighted record growth in renewable energy investments...

Delegates from nearly 200 countries are gathering in Baku for COP29, an 11-day environmental summit. This year’s talks, often called the ‘finance COP’, centre on setting ambitious climate finance targets. Wealthy countries are expected to commit...

Saudi Arabia is progressing toward the launch of its carbon market, with a targeted start date of late 2026 or 2027. This announcement came at the eighth Future Investment Initiative (FII) summit, where government officials and business leaders...

The UK government has confirmed it will introduce a Carbon Border Adjustment Mechanism (CBAM) in January 2027, mirroring a similar policy launched by the European Union. The UK CBAM will impose tariffs on imported goods with high carbon emissions,...

A new UN-sanctioned carbon credit system, the Paris Agreement Crediting Mechanism (PACM), could expand the global carbon credit market to eight times its current size, potentially generating $12 billion in value annually by 2030, according to Guy...

Gold Standard, a leading carbon registry, has launched a two-year pilot to trial its new certification standards for nature-based solutions (NbS). This pilot will evaluate draft requirements designed to ensure projects align with sustainability and...

The International Civil Aviation Organization (ICAO) has granted eligibility to four additional carbon standards for its Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). The newly approved programmes—Gold Standard, Verra,...

A recent study from the European Forest Institute reveals that Southern European countries, particularly Croatia, Spain, and Portugal, show the highest potential for carbon sequestration through afforestation in the EU. Unlike Central and Northern...

Verra, a prominent US-based carbon registry, has released an updated version of its avoided unplanned deforestation module, known as VMD0055. This revision follows a recent public consultation and aims to refine the framework for accounting...

The latest EY report on the 2024 Global Voluntary Carbon Market outlines critical shifts in carbon credit dynamics, indicating a potential surge in prices and an increasing focus on high-integrity credits. By 2035, prices could reach $75–125 per...

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,...

The UN's Green Climate Fund (GCF) has approved over $1 billion in funding for 16 new projects targeting environmental resilience in 37 developing nations. This commitment, announced after the GCF board meeting this week, marks a milestone in the...

A Portuguese government agency, Adene, has launched an online portal for the country’s forthcoming domestic voluntary carbon market (VCM). The platform enables project developers to submit proposals aimed at reducing or removing carbon dioxide...

Malaysia’s Prime Minister, Anwar Ibrahim, has announced the introduction of a carbon tax set to begin in 2026, aiming to advance the country's decarbonisation goals. The tax, which was revealed alongside the 2025 budget, targets industries such as...

The International Carbon Registry (ICR) has announced significant updates to its carbon standards, aiming to better align with the Carbon Offsetting and Reduction Scheme for International Aviation’s (CORSIA) offset scheme and the International...

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...

China's carbon market has hit a significant milestone, with carbon permits rising to an all-time high of $14.62 (103.49 yuan) per tonne. This 35% price increase, observed since the start of 2024, is largely driven by tighter regulations and...

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...

Australia has seen a record rise in new forestry-based carbon credit projects this year, driven by big emitters and an impending expiration of an existing method. According to the Clean Energy Regulator (CER), environmental planting (EP) project...

Nigeria and South Africa are taking a significant step toward strengthening carbon markets in Africa. The Nigerian Securities and Exchange Commission (SEC), Nigerian Exchange Group (NGX), and Johannesburg Stock Exchange (JSE) have joined forces to...

Azerbaijan’s Foreign Minister, Jeyhun Bayramov, has revealed the core agenda for the upcoming COP29 climate summit, set to take place from 11 to 22 November 2024, in Baku. Speaking at the 79th United Nations General Assembly, Bayramov outlined key...

Sweden and Rwanda have signed a preliminary agreement to collaborate on carbon reduction projects under Article 6 of the Paris Agreement. This move paves the way for future discussions on specific projects aimed at cutting carbon emissions and...

Verra, a leading carbon standards body, has registered its first biochar carbon removal project in India’s Odisha state. The project, named Project Reignite: Turning Farm Waste into Climate Action, is a pioneering initiative that could remove...

Climate Week NYC 2024 highlighted major strides in carbon management, with pledges to triple nuclear energy funding, the establishment of a US green banks forum, and several new carbon removal agreements. These deals underscore the growing...

British Airways has committed over £9 million ($12 million) to carbon removal credits as part of its strategy to reach net-zero emissions by 2050. This move strengthens the airline’s position as the UK’s largest carbon removal purchaser, marking a...

The European Commission has taken action against 17 EU member states for failing to implement the updated Corporate Sustainability Reporting Directive (CSRD) into national law. This directive, an overhaul of the previous Non-Financial Reporting...

Amazon, alongside five major companies, has committed to a $180 million deal to purchase carbon credits aimed at preserving the Amazon Rainforest in Brazil's Para state. This landmark agreement represents a significant push in the global effort to...

The Science Based Targets initiative (SBTi) may soon open the door for companies to use carbon credits to meet their voluntary climate goals, according to Guy Turner, head of ESG ratings at MSCI. Speaking at Climate Week NYC 2024, Turner hinted that...

During Climate Week NYC in September, Abatable, a leading provider of carbon market solutions, unveiled its 2024 Voluntary Carbon Market (VCM) Investment Attractiveness Index. The Index ranks the top five countries for carbon credit investments...

US-based Vanderstyn Asset Management has launched a $25 million Green Carbon Fund, designed to give individual investors access to the carbon credit market and the opportunity to capitalise on the rising demand and prices of carbon credits....

Credit Agricole, France's second-largest bank with a significant global footprint, is making a strategic shift in its trading operations. The bank will gradually phase out its precious metals trading, particularly gold, to prioritise activities in...

In a significant move to stabilise the carbon credit market, the US Commodity Futures Trading Commission (CFTC) has introduced the first federal guidelines for unregulated carbon offsets. This step, backed by the Biden administration, aims to...

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...

Meta, the parent company of Facebook and Instagram, has committed to purchasing up to 3.9 million carbon credits from BTG Pactual's forestry division by 2038. This move marks Meta’s most significant single-project carbon removal deal to date,...

The Science Based Targets initiative (SBTi) has broadened the revision of its Corporate Net-Zero Standard, aiming to refine its guidelines on neutralisation and make minor adjustments to its approach. The Corporate Net-Zero Standard, first...

The sixth annual report on the environmental progress of the Fortune Global 500 reveals a significant increase in nature commitments among the world's largest companies. Despite external pressures and rising scrutiny, these companies are forging...

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...

US-based carbon registry Verra has introduced an updated version of its soil carbon methodology, VM0042, aimed at helping project developers more accurately categorise greenhouse gas reductions and removals. The new version, 2.1, provides clearer...

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...

Microsoft has made another significant move in corporate carbon removal efforts with its purchase of 234,000 carbon dioxide removal (CDR) credits from a forest restoration project in southern Mexico. The credits, developed by Toroto under the...

EcoSafi, a company specialising in biomass-fuelled cookstoves, has made headlines with a significant carbon credit deal from its clean cooking project in Kenya. The credits have been sold for as much as $35 per tonne of CO2, significantly higher...

DGB Group, a leading force in environmental sustainability and large-scale nature-based solutions, is excited to announce the launch of its latest product, Impact Loans. This innovative financial offering provides investors with a unique opportunity...

The World Bank's 2024 State and Trends of Carbon Pricing: International Carbon Markets report highlights exciting progress in the global carbon market, showing increasing momentum for environmental action through carbon pricing mechanisms. While...

Supercritical, a leading carbon removal marketplace, has partnered with biochar producer Exomad Green to offer corporate buyers exclusive carbon credits. This collaboration will provide access to 100% of Exomad's 2024 biochar credits, which are...

US timberland investment trust Rayonier is broadening its focus on carbon offset projects, evaluating initiatives in both the US and New Zealand. The company, which owns 2.7 million acres of timberland, is involved in improved forest management and...

In August, the World Carbon Fund (WCF) bounced back into positive territory, reporting a net return of +3.63%, a significant improvement compared to July's -1.66% loss. This marks a recovery for the fund, which tracks five key carbon markets, four...

The BRICS nations—Brazil, Russia, India, China, and South Africa—have signed a Memorandum of Understanding (MOU) to collaborate on carbon market initiatives. This agreement sets the stage for joint projects and targets, aiming to strengthen...

An ambitious carbon project in Ethiopia has been added to Verra’s Verified Carbon Standard registry. Developed by a Netherlands-based group, the initiative aims to restore 12,000 hectares of native forest in the country’s mountainous regions,...

The European Union's cap-and-trade system, known as the EU Emissions Trading System (EU ETS), has played a pivotal role in reducing carbon dioxide (CO2) emissions across the bloc, according to a recent study. Launched in 2005, the EU ETS is the...

Oman has finalised the draft of its general policy framework for carbon markets, an initiative led by the Sultanate's Environment Authority. This comprehensive 52-page document aligns with the Paris Agreement’s Article 6 and outlines the country's...

The lead negotiator for the African bloc at the UN climate talks has called for a unified minimum price on Article 6 carbon credits across the continent. This proposal aims to prevent countries from undercutting each other and support the financing...

A groundbreaking conservation project in Mexico is on track to generate the first biodiversity credits under the BioCarbon standard. This initiative, led by Rancho La Onza and CarbonPlus, focuses on the restoration and protection of 200 hectares...

French energy giant TotalEnergies has committed $100 million to a series of sustainable forestry projects in the United States, aiming to generate carbon credits to meet the company’s emissions goals beyond 2030. Springtime inside Great Smoky...

The carbon credit market saw significant developments in the final days of August, with the Xpansiv CBL platform at the forefront of record-breaking activity. A major highlight was the trade of 39,414 tonnes of 2023 vintage ACR CCP-approved United...

King, the company behind the popular Candy Crush game, has become the first to purchase biodiversity credits under the UK’s newly launched voluntary scheme. The company acquired 543 credits at approximately $66 (£50) per unit, supporting a nature...

The New Zealand government has taken decisive action to curb carbon emissions by significantly reducing the number of carbon credits available for auction. Climate Change Minister Simon Watts announced that the government would cut the number of...

The Guyana Government has announced a significant increase in the share of revenue from its carbon credits deal with Hess Corporation allocated to Indigenous communities. Despite a drop in total earnings from the deal this year, the government is...

DGB Group’s Hongera Energy Efficient Cookstoves Project has reached a critical point of recognition, highlighted by recent features on national television. During a memorable event, the project successfully distributed 526 cookstoves to a rural...

The European Union has enacted the Nature Restoration Law, a groundbreaking regulation aimed at reversing the degradation of ecosystems across the continent. Effective from 18 August, the law sets binding targets for restoring ecosystems crucial for...

Nigeria has introduced a National Elephant Action Plan (NEAP) as part of its commitment to prevent the extinction of its dwindling elephant population and to bolster wildlife conservation efforts. Two elephants roaming the diverse forests of...

The World Bank has launched a groundbreaking $225 million bond to support reforestation in Brazil's Amazon rainforest. This nine-year bond, set to mature in 2033, represents the largest outcome bond ever priced by the global lender. Investors are...

Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, has revealed that carbon credit trading could potentially reduce the global cost of implementing Nationally Determined Contributions (NDCs) by more than half, leading to savings...

The global voluntary carbon credit market is on a steep growth trajectory, with projections indicating it could reach a staggering $14.56 billion by 2032. This growth is expected to be propelled by a compound annual growth rate (CAGR) of 25.3% from...

Rwanda has secured a $39.1 million grant aimed at restoring the ecologically significant Congo-Nile Divide. The initiative, set to commence this month, targets deforestation and enhances climate resilience across the Western, Northern, and Southern...

In a groundbreaking development for European conservation efforts, the Transylvanian village of Apold in Romania has become the first place on the continent to implement a biodiversity credit scheme. This innovative initiative, driven by the NGO...

Saudi Arabian oil giant Aramco has taken a significant step towards reducing its carbon footprint by purchasing carbon credits to offset the greenhouse gas (GHG) emissions from a recent shipment of Arabian light crude oil. This marks the first time...

In a significant move to protect biodiversity, the Canadian government has announced an investment of over $12.5 million to conserve more than 1,600 hectares of land, primarily in southern Ontario. This initiative, supported through the Canada...

Australian airline Qantas has partnered with mining heavyweights Rio Tinto and BHP to launch a new fund to develop nature-based carbon projects in Australia. This initiative, the Silva Carbon Origination Fund, is set to raise $165 million to manage...

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...

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...

The Science Based Targets initiative (SBTi) has released four technical publications as part of the early stages of revising its Corporate Net-Zero Standard. This move is aimed at ensuring the Standard remains aligned with the latest scientific...

The global carbon credit market is poised for significant growth, with projections indicating a surge from $267.8 billion in 2023 to an impressive $1.2 trillion by 2029. According to a recent study by BCC Research, the market is expected to expand...

Stripe's initial $1 million investment in carbon removal in 2020 has evolved into a $1 billion initiative. The fintech giant, which facilitated $1 trillion in transactions in 2023, has rallied approximately 300 companies to pledge substantial funds...

Bursa Carbon Exchange (BCX), a subsidiary of Bursa Malaysia Bhd, successfully conducted its inaugural Malaysian carbon credit auction on 25 July. This significant event featured carbon credits from the Kuamut Rainforest Conservation Project 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...

India has expanded its list of eligible projects under the Paris Agreement's Article 6 mechanisms to include clean cooking initiatives. This addition, made public by the government on 7 June, joins the initial 13 activities under Article 6.2. Indian...

A new guide, CSRD Essentials, has been released to elucidate the European Union's Corporate Sustainability Reporting Directive (CSRD). This directive, effective from December 2022, mandates extensive sustainability reporting for over 42,500 EU-based...

The 2024 Paris Olympics is committed to significantly reducing its carbon footprint, aiming to cut emissions by half compared to previous Games. This ambitious target will be achieved through a combination of carbon offsets and reliance on renewable...

Suriname has announced its updated National Biodiversity Strategy and Action Plan (NBSAP), aligning with the Kunming-Montreal Global Biodiversity Framework (GBF). This comprehensive plan emphasises increased funding for conservation and restoration,...

The Institute for Environmental Management & Assessment (IEMA) has endorsed the Climate Change Committee's (CCC) latest report, urging the new Government to focus on 10 priorities to achieve the UK's net-zero target. Top view of young tree seedlings...

A global assessment led by researchers at the University of Massachusetts Amherst confirms that nature-based solutions (NBS) offer an economically viable method for mitigating a wide range of climate-related disasters. Published in the journal...

Microsoft has signed a landmark carbon credit agreement with Occidental Petroleum worth hundreds of millions of dollars. This deal aims to counteract the tech giant’s growing emissions, exacerbated by its expanding artificial intelligence (AI)...

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,...

The UK Coal Authority, tasked with managing the nation's coal mining legacy, has unveiled a nature recovery plan, aiming to integrate nature-related credits into its financial models by 2026. Wildlife photography of Puffins on Skomer Island in...

Singapore and Laos are set to strengthen their collaboration in clean energy, food security, carbon credits, and capacity building, marking the 50th anniversary of their diplomatic relations. Laos nature landscape view. AI generated picture. Laos’...

A Dubai-based fintech company, AQUAE Impact, has joined forces with Sri Lanka's Earth Restoration to issue biodiversity and oxygen credits through a pilot project in the Belipola private forest. Close-up of Barberton Daisy flowers in Belipola...

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)...

Uganda, renowned for its rich biodiversity, has launched the second phase of the Biodiversity 2030 (BIODEV2030) project, aiming to curb the alarming rate of biodiversity loss in the country. The project, supported by the French Development Agency...

The Ministry of Finance has proposed amendments to Vietnam's Law on Corporate Income Tax, aiming to exempt corporate taxes on income from green bond interest and carbon credits. Two elephants roaming in Yok Don National Park, the largest national...

In a move to enhance sustainable farming and carbon credit earnings, two certification companies, FoodChain ID and ReSeed, have launched a groundbreaking methodology for soil carbon projects. This new system, known as the ReSeed Soil Carbon...

Germany-based retail giant Lidl has teamed up with conservation organisation WWF to bolster biodiversity protection in its supply chain across 31 countries. This five-year initiative aims to combat upstream biodiversity loss, tackle deforestation,...

The global market for carbon removal credits is poised to reach $100 billion annually between 2030 and 2035, a significant leap from $2.7 billion last year, as per Oliver Wyman's latest analysis. The consultancy notes rising interest from corporate...

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 International Carbon Registry (ICR) has launched a new Pilot Biodiversity Program to integrate biodiversity conservation with global sustainability efforts. This initiative provides a framework for projects to enhance biodiversity and offers...

Efforts are currently underway to create the International Organization for Standardization's (ISO) first global standard for achieving net zero. This new standard aims to clarify the path to net zero, establish stringent requirements, and...

A recent report by BeZero Carbon reveals that a $100 billion carbon market could catalyse $700 billion in annual investments in carbon projects, protecting 150 million hectares of land, equivalent to the size of Peru. Landscape view of young trees...

The Central African Forest Initiative (CAFI), a coalition of donors from Europe and South Korea, has approved a $20 million project in Cameroon. This funding will support the transition to deforestation-free agro-ecological practices in the country....

DGB Group's share price has increased 75% year-to-date. On 2 January 2024, DGB’s shares were valued at €0.478. After a steady period, it started increasing on 13 May 2024 and closed at €0.84 on 28 June 2024, showing a 75.73% increase. Graph showing...

The Japanese government has purchased 4 million carbon credits in the year ending 31 March, according to a trade ministry official. These UN-backed Assigned Amount Units (AAUs) were acquired from Poland, marking a significant move in Japan's carbon...

Six environmental NGOs have expressed support for the Science-Based Targets initiative (SBTi) in its plans to allow greater use of carbon offsetting, provided stringent conditions are met to ensure the efficacy of these credits. Top view of six tree...

Terraformation, the forest restoration firm established by ex-Reddit CEO Yishan Wong, has sold its first Verified Carbon Units (VCUs) through a collaboration with Grosvenor’s UK property division. This milestone comes from Terraformation’s Seed to...