News

Climate-friendly homes are not necessarily more expensive than their more polluting counterparts when accounting for a building's entire lifecycle, a joint report by think tank BPIE and green-building certifier DGNB found.

Proponents of modifying the ocean to battle climate change have rising hopes for their biomass sinking plans, but critics fear the environmental impacts

The winner of the $100 million XPRIZE Carbon Removal competition has been announced. Houston-based startup Mati Carbon has taken the top prize with $50 million for its use of Enhanced Rock Weathering (ERW) technology.

The UN’s IMO has just agreed to start charging ships for the greenhouse gases they emit. After decades of ineffective incremental tweaks to shipping emissions, the breakthrough came on April 11 at a summit in London.

Vietnam is set to launch a pilot carbon credit trading scheme this year, with regulations still under development regarding the percentage of emissions that businesses can offset using carbon credits.

Mizuho Financial Group has announced its entry into the NextGen platform as a carbon credit buyer, marking a first for Japan’s banking industry.

The steel sector is “hard-to-abate”, accounting for about 7% of global carbon emissions, which highlights the importance of low-carbon steel. Companies in Japan, South Korea, and China are actively working on research and development in this area.

Tourism contributes 8% of global carbon emissions, and Phuket, one of Thailand’s top travel destinations, is taking steps to cut its environmental impact.

Despite an oversupply of office buildings in Indonesia, demand for low-carbon offices remains strong. The occupancy rate for green office spaces jumped 73.4% in the second half of last year, with rental prices also increasing, according to a report.

Amazon, the retail giant in the U.S., announced the launch of its carbon credit service through its Sustainability Exchange platform on March 19. This service aims to help its supply chain partners achieve decarbonization.