The world is on track to cross the critical 1.5°C warming threshold within the next few years. A new United Nations Environment Programme (UNEP) report says the threshold is increasingly difficult to avoid, but it does not mean the climate fight is over. UNEP’s Limiting Overshoot report outlines a difficult but still possible path: allow […]
The World Bank and a Brazilian bank are structuring a carbon fund with an initial target of $100 million to provide upfront financing for carbon projects in Brazil. The resulting carbon credits would then be sold to international investors. The identity of the Brazilian bank and the final structure of the fund have not been […]
A new maritime decarbonization pilot is showing how companies could reduce supply chain emissions without waiting for low-carbon fuels to become available on every shipping route. Danish shipping company NORDEN has delivered the first verified maritime emissions reductions through the Roundtable on Sustainable Biomaterials (RSB) Book & Claim registry. The pilot, completed with Microsoft and […]
CATL’s Jianxiawo lithium mine has suffered another major setback, with Chinese regulators revoking its environmental impact assessment (EIA) approval and forcing the operation back into care and maintenance. The development is important for the global lithium market because Jianxiawo is China’s largest lithium mine by planned capacity. Its prolonged shutdown comes at a time when […]
Verra has gained key backing for its Verified Carbon Standard (VCS) Version 5. The Integrity Council for the Voluntary Carbon Market (ICVCM) recognized VCS Version 5 as CCP-Eligible on September 2, 2026. The decision shows that the latest version of Verra’s program meets the ICVCM’s Core Carbon Principles (CCPs). These principles set a global standard for […]
Econetix, a carbon project developer, has signed a million-dollar deal with RWE Supply & Trading. This agreement allows the German energy trader access to carbon credits for the international aviation market under CORSIA. The deal, announced September 1, 2026, will see Vienna-based Econetix supply CORSIA-eligible carbon credits from its certified project portfolio. RWE will then […]
The textile industry is facing a difficult climate equation. Global demand for clothing and other textile products continues to grow, while the industry is under increasing pressure to reduce emissions across energy use, raw materials, manufacturing and transportation. The scale of the challenge is becoming clearer. The United Nations Environment Programme estimates that the fashion […]
Climate Impact X (CIX) and Carbonplace plan to merge in a deal that could reshape the infrastructure behind global carbon markets. The Singapore-based environmental markets exchange and London-based carbon portfolio management platform announced their intent to combine on August 26, 2026. The deal would bring together CIX’s exchange, trading, and price-discovery tools with Carbonplace’s multi-registry […]
U.S. biochar company Verde Resources and Singapore asphalt producer Highway International have signed a memorandum of understanding (MoU) to test a biochar-based system for roads and other infrastructure. The companies plan to start a pilot in Singapore to test road performance, asphalt mixes, production, and carbon accounting. The project will also test how the system […]