Category: Carbon Markets
Mizuho Bank and Temasek-owned GenZero announced a partnership to develop transition credits, a financial tool designed to support the early retirement of coal-fired power plants and accelerate the shift to...
Mast, North America’s leading post-wildfire reforestation company, secured $25 million in Series B funding to expand its Biomass Carbon Removal & Storage (BiCRS) initiative. The funding, co-led by Pulse Fund...
The Mercedes-AMG PETRONAS F1 Team is partnering with Chestnut Carbon to drive large-scale carbon removal projects across the Southeastern United States. The initiative aims to restore 200 hectares (~500 acres)...
Bloom Energy and Chart Industries have announced a strategic carbon capture partnership to provide low-emission, always-on power using natural gas and sequestration technology. The collaboration is designed to support energy-intensive...
Chestnut Carbon, a U.S.-focused nature-based carbon removal developer, has raised $160 million in a Series B round. The investment will accelerate its afforestation initiatives, targeting the sequestration of 100 million...
Twelve, a carbon transformation company, has secured an additional $83 million in Series C and project funding, advancing its mission to replace fossil fuels with CO2-derived materials. This brings total...
Ecologi, the UK’s leading climate action platform, has acquired Net Zero Now, a specialist in sector-specific carbon measurement and reduction. This merger creates a single, integrated solution for businesses at...
Chinese EV giant BYD is in advanced talks with European automakers to form a carbon credit pool, allowing companies with lower EV sales to buy emissions credits and reduce their...
Royal Bank of Canada (RBC) and Carbonhound have partnered to offer Canadian businesses an automated solution for measuring, verifying, and managing carbon emissions. The collaboration aligns with RBC’s strategy to...
Driving Carbon Removal at Scale Google is ramping up its commitment to carbon removal, contracting over $100 million in credits—three times its 2023 pledge. Through independent purchases and the Frontier...
The LEGO Group is expanding its sustainability efforts with a DKK 19 million commitment toward four carbon removal projects in collaboration with Climate Impact Partners and ClimeFi. The projects aim...
Microsoft is doubling down on carbon removal: The tech giant signed a 25-year agreement with Chestnut Carbon to secure more than 7 million tons of carbon removal credits. This marks...
Rio Tinto and Hydro have signed a partnership agreement to explore carbon capture solutions for aluminium smelting. The collaboration will focus on identifying and assessing technologies to reduce CO2 emissions...
Zurich Insurance Group has secured a long-term carbon dioxide removal agreement with Nellie, marking a milestone in commercial-scale engineered carbon removal. Why It Matters: After three years of development, Nellie’s...
The Center for Sustainability and Excellence (CSE) has released its highly anticipated 2025 Annual Research Results, offering an in-depth analysis of Environmental, Social, and Governance (ESG) practices among North America’s...
Manulife Forest Fund Manulife Investment Management Closes $480M Forest Climate Fund Key Takeaways: Manulife Investment Management has completed the third and final close of its $480.1 million Manulife Forest Climate Fund,...
American Express Global Business Travel (Amex GBT) has introduced an integrated emissions-based carbon pricing solution. This innovative system allows businesses to calculate and apply carbon fees for air travel, enabling...
Etihad Rail, the operator of the UAE National Railway Network, has introduced the region’s first-ever “CO2 Emission Avoidance and Reduction Certificates.” The initiative quantifies and validates carbon savings achieved by...
Google dives into India’s carbon removal sector Google has partnered with Indian supplier Varaha to buy 100,000 tons of carbon credits through 2030. The credits come from biochar, a charcoal-like...
Gigablue, a leader in affordable carbon dioxide removal (CDR) technologies, has signed a landmark agreement with SkiesFifty to remove 200,000 tons of CO2 over the next four years. This agreement...
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