Entries by carbonfund

Verra Launches CORSIA Label Guidance for Aviation Carbon Credits

Last year in December, Verra achieved a significant milestone when the United Nations International Civil Aviation Organization (ICAO) approved its Verified Carbon Standard (VCS) Program for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). This approval extended the program’s eligibility from CORSIA’s Pilot Phase (2021–2023) to its First Phase (2024–2026), marking a major […]

Microsoft Buys 3.5 Million Carbon Credits to Offset AI’s Soaring Emissions

Microsoft’s latest step toward sustainability is a groundbreaking partnership with Re.green, securing 3.5 million carbon credits over 25 years. This initiative focuses on restoring degraded land across Brazil, aiming to balance the soaring carbon emissions fueled by AI advancements. As AI growth drives energy demands, the tech giant’s investment underscores its commitment to achieving carbon-negative […]

Climate Tech VC Investments Drop for the 3rd Year in a Row, AI to the Rescue

The world of climate tech investment witnessed a significant transformation in 2024, primarily driven by the AI boom. This reshaping was about emerging technologies and sectors traditionally linked to energy and infrastructure. However, funding seems to be waning. Funding Declines, But AI Powers New Opportunities in Climate Tech According to PitchBook data, venture capital (VC) […]

Donald Trump Exits Paris Agreement, Again: What It Means for the U.S. and the World?

In a move that sparked global controversy, President Donald Trump has again withdrawn the United States from the Paris Agreement on climate change. This decision, announced immediately after his second-term inauguration, has sent shockwaves through international climate circles.  The withdrawal shifts the global balance in climate action as well as raises questions about the second-biggest […]

Alaska Energy Metals Cheers Trump’s Game-Changing Executive Order for Alaska’s Resource Future

Alaska Energy Metals Corporation (AEMC), the mining junior with offices in Anchorage and Vancouver is ready to take advantage of the U.S. policy shift that promises Alaska’s prosperous future. The recent Executive Order, titled “Unleashing Alaska’s Extraordinary Resource Potential”, under President Trump is a significant win for minerals and mining industries in Alaska, including AEMC. This […]

Trump’s “America First” Energy Agenda: The Critical Points You Must Know

On January 20, 2025, America witnessed another significant event: President Donald Trump’s inauguration in Washington, D.C. The ceremony marked the beginning of his four-year term, echoing his well-known slogan “Make America Great Again.” In a bold move, Trump announced the U.S. withdrawal from the Paris Agreement. This decision initiated a major shift in the nation’s […]

First the Americans, Now the Canadians: What Banks Are Making an Exodus from NZBA?

The recent exit of Canadian and U.S. banks from the Net-Zero Banking Alliance (NZBA) initiative highlights growing tensions between climate commitments and political pressures. With banks like TD, BMO, and Scotiabank prioritizing independent strategies, the financial sector faces mounting challenges in balancing sustainability goals with fossil fuel financing. The NZBA initiative was established in 2021 to […]

Vistra Fire and Teslas Burning in California: Is it a Wake-Up Call for Battery Storage Safety?

The devastating wildfires in Los Angeles at the start of 2025 reminded the world of nature’s destructive power. And now, the recent fire at the world’s largest battery storage facility, Vistra Energy in Moss Landing, Northern California has rattled the local communities. From personal loss to potential health risks, this incident has raised serious concerns […]