International insurance broker Howden has launched the first-ever voluntary carbon credit insurance. The aim is to limit fraud and negligence and increase confidence in the carbon market. UK-based Howden Group is the largest European broker managing insurance for $10+ billion. Its key purpose in launching the carbon credit insurance product is to bring more confidence […]
A record volume of Australian carbon credits were traded in the second quarter, indicating that the market is maturing despite growing criticisms. The Australian Carbon Credit Units (ACCUs) scheme is a voluntary carbon market mechanism that seeks to incentivize companies to cut their footprint. It has been under increased scrutiny with skeptics claiming it’s a […]
Global carbon project developer South Pole and agricultural tech company Regrow Ag work together to scale the adoption of regenerative agriculture. South Pole is a global developer of carbon projects and climate solutions provider with 20 years of experience. Its project development covers various areas including: sustainable agriculture forest conservation waste management energy efficiency renewable […]
Moss (MCO2), a blockchain carbon credit token company, recently listed on one of the world’s largest crypto exchanges, Coinbase. Moss is a Brazilian startup that created the first carbon credit-backed token used to offset greenhouse gas emissions. Since then, Moss has processed about $20 million in transactions and has assisted in the conservation of ~735 […]
Six of the world’s major marine insurers have undertaken a ground-breaking project to give carbon emissions transparency and promote the shipping industry’s green transition. The Poseidon Principles for Maritime Insurance (PPMI) establishes a methodology for quantifying and disclosing the climate alignment of marine insurers’ underwriting portfolios. This aims at developing a sector-specific methodology to support […]
A new report shows that Wall Street is the fifth-largest carbon emitter, coming in just after Russia and before Indonesia. In 2020, 8 of the largest US Banks and 10 of the largest US asset managers financed $2 billion tons of carbon emissions. Though major corporations have shared their support for net-zero initiatives, the “Wall […]
Honeywell and the University of Texas at Austin have partnered together to drive down the cost of carbon capture from power plants and heavy industry. The UT Austin team has created a system that will improve carbon capture performance. This makes the process more efficient for industries such as steel, cement, chemical plants, coal, natural […]
Demand for carbon offsets in Asia is increasing across the global supply chain, IT, and banking industries. Many companies want to lower their carbon footprint, especially after COP26. One way they are doing this is through the use of carbon offsets. Carbon offsets are when a company offsets its carbon emissions by buying carbon credits. […]
Royal Dutch Shell has partnered up with EKI Energy from India to develop nature-based solutions for carbon capture. The JV is expected to invest $1.6 Billion over a 5-year period to develop 155 million Carbon Credits. EKI Energy, is the largest carbon credit developer and supplier from the developing world. They currently serve over 2,500 […]