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COP29: Global emissions reach record high in 2024, and time almost up for 1.5°C

There is still no sign that the world has reached a peak in fossil fuel carbon emissions, as emissions reached record levels in 2024, according to the latest Global Carbon Budget report, which warned that time has almost run out to hit the Paris Agreement's 1.5°C target.

COP16: TNFD adopters hits 500

Over 500 organisations have now committed to reporting in line with the Taskforce on Nature-related Financial Disclosures (TNFD).

Carbon-credit portfolio rating launched

Article 6.4: Is operation underway?

Final details for Article 6.4 have been agreed ahead of COP29, but uncertainty remains over whether the mechanism is now operational. Genevieve Redgrave reports

Trust building around carbon removal credits, says SIX

Growing trust in the carbon removal credit market could help build scalability and lead to new opportunities, according to SIX Group, as it becomes more regulated and demand for offsets grows.

CEV leads $12m funding round for sustainable lithium business

Cercarbono reveals plans for first biodiversity credit project

Standard setter Cercarbono is preparing to register its first biodiversity credit project later this year, and has explained why it isn't taking the usual approach to third-party verification.

Voluntary Carbon Market Rankings 2024 announced

Environmental Finance received more than 7,000 votes across 23 separate categories for this year's Voluntary Carbon Market Rankings rankings, as readers nominated leading companies and initiatives in the sector that exhibit best practice or innovation.

SIX moves into carbon removal with Carbonfuture investment

SIX Swiss Exchange is leading a Series A funding round in Carbonfuture, which specialises in managing the entire lifecycle of carbon removal credits with its data-driven digital infrastructure.

Carbon removals versus reductions misses the point

For the atmosphere's balance sheet, emission reductions and removals are both vitally important, argues Mary Grady