News
News
July 02, 2025
EU considers non-EU carbon credits in push for 90% emissions cut by 2040
The European Commission is expected to unveil its 2040 climate target on July 2. The proposal includes a controversial move to allow EU member states to use international carbon credits.
June 25, 2025Singapore, UK, Kenya launch first government-led alliance for voluntary carbon markets
To encourage greater corporate participation in voluntary carbon markets, the governments of Singapore, the United Kingdom, and Kenya have launched the Coalition to Grow Carbon Markets, the first government-led initiative of its kind.
June 20, 2025Carbon credit 2.0: How carbon removal is shaping a $16 trillion market
Carbon market is regaining momentum as it enters the “carbon credit 2.0” era, driven by strengthened quality standards and the accelerated development of carbon removal technologies.
June 12, 2025Vietnam launches emissions trading pilot amid doubts over effectiveness
Vietnam has taken a significant step in developing its carbon market, unveiling pilot emissions trading plans for three major carbon-intensive industries.
May 29, 2025Microsoft and Google are buying in: Over 60% of biochar contracts locked by corporates
Microsoft and Exomad Green ink the largest-ever biochar deal. This milestone brings the once-understated biochar technology into the spotlight as a mainstream tool for carbon reduction. Why is biochar suddenly in the limelight?
May 08, 2025Verra launches new method to turn early coal plant closures into carbon credits
Verra, an international carbon credit verification body, announced a new certification methodology that allows emissions reductions from early coal plant shutdowns to be converted into carbon credits.
April 25, 2025Mati Carbon wins top prize in Musk-backed XPRIZE carbon removal competition
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.
April 16, 2025Vietnam eyes 30% carbon offset cap to ease corporate burden
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.
April 09, 2025Singapore inks carbon credit deals with Peru, Chile in push for climate goals
Singapore is steadily expanding its network of carbon credit trading partners, having signed cooperation agreements with both Peru and Chile within a week.
April 08, 2025EU struggles with growing internal pushback over climate policy
Pressure is mounting within the European Union to ease climate regulations, with influential lawmakers calling for a lower 2040 emissions target.