Carbon

Verra to require additional assurance for CORSIA

Verra has issued guidance for credits to be considered eligible under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) pilot and first phases, including additional requirements to prevent double-claiming.

Indonesia launches carbon trading for international investors

Google agrees to 'world's largest' biochar credit purchase

Google has agreed to purchase 100,000 tonnes of carbon removal credits from Indian climate solutions start-up Varaha, in what is being labelled as "the world's largest biochar deal" to date.

BeZero Carbon raises $32m in Series C fundraising

White Summit reaches €350m for decarb infra fund for first close

White Summit Capital has held a first close of its second decarbonisation infrastructure-focused fund at €350 million ($356.8 million).

EU to publish delayed carbon dioxide removal approach

After months of delay, the EU's European Scientific Advisory Board on Climate Change is set to release its recommendations on carbon dioxide removals early this year.

Canadian carbon market slammed as 'economic wrecking ball'

Canada's federal carbon market has been slammed as an "economic wrecking ball" by a regional environment minister, but with an election looming doubts remain over the compliance market's future.

VCM's freeze set to thaw in 2025, predicts MSCI

The voluntary carbon market could return to growth in 2025 as 2030 approaches having been "on ice" in recent years, with companies looking to meet intermediate targets and credit prices set to increase, MSCI has predicted.

Climate finance statesman Carney 'considering' run for Canadian leadership

UN special envoy for climate action and finance Mark Carney is considering a bid for leadership of Canada's ruling Liberal Party, it has been reported.

Verra consulting on 10 projects

Carbon 'insetting' fund launched

A fund to reward farmers for reducing emissions has raised £1 million ($1.25 million) in contributions from organisations looking to "reduce their Scope 3 emissions".

Cambodia to expand carbon trading

Cambodia is looking to scale up carbon trading in a bid to attract international investors, according to local press.

Bloomberg acquires carbon data firm Viridios AI

Bloomberg has acquired Viridios AI, a provider of data and research on the voluntary carbon market, for an undisclosed sum.

'Ground-breaking' UK carbon capture and storage project secures £8bn financing

Two major 'net zero' projects linked to a carbon capture and storage (CCS) project in the North Sea have secured a combined £8 billion ($10 billion) in project financing from around 20 banks, including Standard Chartered, BBVA and ING.

Expert panelist quits ICVCM over methodology approvals

A member of the Integrity Council for the Voluntary Carbon Market's (ICVCM) expert panel has resigned over concerns that REDD methodologies approved last month put the integrity of the initiative at risk.