AIIB Climate Finance Surges to 67% in 2024, Surpassing 2025 Target
AIIB boosts climate-focused financing in 2024, surpassing targets with strong investments in clean energy and resilient infrastructure.
BECCS Seen as Key to Net-Zero Future but Faces Sustainability Hurdles
Study says BECCS could deliver carbon-negative energy, cut industrial emissions and support renewables in net-zero transition.
Frontier Climate Signs $31M Deal With Planetary for Ocean Carbon Removal
Deal supports large-scale ocean alkalinity projects to remove CO₂ and combat ocean acidification, while engaging with Indigenous communities.
Norway Launches World’s 1st Merchant CO2 Storage in Northern Lights
Norway begins shipping and storing industrial CO2 under the seabed in world-first Northern Lights project.
BLS International Cuts Carbon Emissions, Expands CSR Projects in India
BLS International highlights employee welfare, data security, and community projects in its 2024-25 sustainability report.
Verra, S&P Global Join Forces on Next-Generation Carbon Registry
Verra and S&P Global team up to launch a next-generation registry to boost transparency in carbon markets.
GIP to Acquire Nearly 50% Stake in Eni Carbon Capture Unit to Push CCUS
Eni CCUS Holdings teams up with BlackRock’s GIP to scale carbon capture projects in UK, the Netherlands and Italy.
PNG Cookstove Project 1st to Earn Carbon Credits Under Verra VM0050
Papua New Guinea cookstove project sets global benchmark with first carbon credits issued under Verra’s VM0050 methodology.
Liquidity, Transparency Remain Weak Links in Carbon Markets: CFA Institute
Carbon trading expands globally, but weak liquidity and opaque data hinder growth, says CFA Institute report.
J.P. Morgan Funds Chestnut Carbon in Landmark $210M Carbon Removal Deal
J.P. Morgan funds Chestnut Carbon’s $210 million project finance deal, boosting afforestation and voluntary carbon market growth.