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Startup raises $1.8 mln in pre-seed funding for forest carbon investment...

A Zurich-based startup has raised $1.8 million in pre-seed funding to help it build a regenerative forest investment platform for the voluntary carbon market (VCM).

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UPDATE – DRC government commission recommends terminating forest concessions...

A ministerial commission in the Democratic Republic of Congo has recommended terminating 30 forest concessions, including a handful linked to REDD+ projects as well as undeclared carbon credit sales.

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Canada-based carbon credit seller sees mid-June closure of African...

A Canadian-headquartered firm has attracted a number of potential buyers in a bidding process for carbon credits from one of its African reforestation projects, and is expecting to close its first...

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Mott MacDonald, Brilliant Planet partner on algae-based CDR facility in Morocco

Algae specialists firm Brilliant Planet has announced a partnership with consultancy Mott MacDonald to develop a carbon dioxide removal facility in Morocco.

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Investor sells stake in global wood supplier poised to generate millions of...

A global wood supplier that had recently acquired a multi-year land lease conditional award for carbon credits from the Gabonese government, saw a large investor sell its stake on Wednesday after a...

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Zambian govt says won’t downgrade protected status of key forest, to preserve...

The Zambian government has said will not downgrade the protected status of a key forest in the country and will instead seek to fund its conservation through carbon finance.

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UK govt supporting call for proposals to build sea level rise resilience...

The UK government is supporting a call for proposals for projects to build resilience to sea level rise through innovative and scalable finance and insurance products.

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Verra to streamline offset project review process with faster denials,...

Standards body Verra on Friday said it is implementing a new carbon credit project review process that will shorten evaluation requests, while the organisation separately announced an agreement to help...

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Large amounts of Africa’s trees, carbon stocks not located in forests,...

Nearly 30% of Africa’s trees are located outside areas previously classified as forests or woodlands, researches have found using satellite imaging, presenting an opportunity to better estimate carbon...

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South Pole CEO hits back at “incomplete and factually incorrect” reports of...

The CEO of offset developer South Pole has hit back at “incomplete and factually incorrect” news reports alleging that the company’s Kariba REDD+ forest preservation project in Africa has over-issued...

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Ratings firm downgrades scores of two African forestry projects, upholds another

A carbon credit ratings agency has downgraded two Verra-certified African afforestation projects while upholding the score of another.

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Sellers drop asking price for REDD credits after flurry of trades

Sellers are dropping their prices for REDD avoided deforestation credits after a flurry of activity in the sector this week that triggered a brief rally in market value, sources told Carbon Pulse on...

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Standard Chartered toughens emissions target for oil and gas sector

Standard Chartered has toughened its target for curbing greenhouse gas emissions associated with its loans to oil and gas companies, as the bank seeks to align with the IEA's net zero 2050 emissions...

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VCM Report: Cheap REDD credits trigger flurry of trades

Voluntary carbon market trade was brisk over the past week, after REDD avoided deforestation prices turned a corner to edge higher after 2016 vintages (V16) from a well-known project struck $2 to...

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VCM Report: Growing supply weighs on market as corporates eye gloomy economic...

Voluntary avoidance credits continued to soften over the past week as the macroeconomic climate of higher interest rates and slowing economic growth undermined corporate demand during a growing glut of...

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New tools, datasets launched to enhance global forest carbon monitoring

A suite of new tools and datasets was unveiled this week, aimed at supporting the monitoring and management of the world’s forest carbon stocks and advancing countries’ efforts to protect and restore...

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Rating agency upgrades ARR project in Chile, but downgrades Kenya water...

A carbon credit rating agency has upgraded a Verra-accredited afforestation project in Chile following a review, noting a low chance of over-crediting because of the project’s conservative approach to...

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US startup unveils plans for carbon removals forward-crediting platform

A California-based climate technology firm announced the world’s first blockchain-based forward-crediting platform for durable carbon removals, joining ongoing efforts to help scale the nascent industry.

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Tanzania govt holds carbon market talks with private sector, though questions...

Tanzania has opened discussions with the private sector about developing its forest carbon market, but questions have arisen surrounding one of the foreign companies involved.

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UN launches tender to buy 12k Gold Standard CERs

The UN has opened a tender to buy almost 12,000 Gold Standard CERs to offset some of the organisation's emissions.

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