British International Investment (BII), the UK’s development finance institution, plans to commit $1.6 billion to climate finance in Southeast Asia over the next five years. The investment aims to help countries reduce their reliance on fossil fuels, expand renewable energy, and build more climate-resilient economies. The announcement marks the fifth anniversary of BII’s Asian headquarters […]

Japan’s Sumitomo Metal Mining expects the global nickel market to remain in surplus in 2027, even as demand from electric vehicles, stainless steel, and AI data centers continues to grow. Reuters originally reported that the company forecasts a 34,000-metric-ton global nickel surplus in 2027, narrowing from an estimated 38,000 tons this year. The outlook highlights […]

Gevo is expanding its carbon removal business after completing a sale of 10,000 carbon removal credits through climate-finance company ClimeFi. The deal gives the U.S. renewable fuels producer another way to earn revenue from its existing carbon capture operations. Announced on October 8, 2026, the transaction involved credits generated at Gevo’s North Dakota ethanol facility. […]

Europe’s soil carbon market has reached a new milestone. The European Soil Revitalization Programme, covering farms in France and Belgium, has issued the first carbon credits worldwide under the Gold Standard Soil Organic Carbon (SOC) Framework Methodology. South Pole, agricultural technology company Gaïago, and Gold Standard announced the first issuance on October 6, 2026. The […]