News

Verra, an international carbon credit verification body, announced a new certification methodology that allows emissions reductions from early coal plant shutdowns to be converted into carbon credits.

U.S. tech giant Microsoft is ramping up its carbon dioxide removal (CDR) efforts through a new partnership with climate tech startup CO280. The collaboration leverages a unique carbon capture and storage (CCS) technology to reduce emissions.

Singapore is steadily expanding its network of carbon credit trading partners, having signed cooperation agreements with both Peru and Chile within a week.

The International Maritime Organization’s Marine Environment Protection Committee (MEPC) kicked off a five-day meeting on April 7, focusing on technical regulations, energy efficiency, and pollution in the shipping industry.

The Science Based Targets initiative (SBTi) released the draft revision of its "Corporate Net-Zero Standard." The revision proposes changes to the recognition of Scope 3 emission reduction and suggests that separate targets be set for Scope 1 and Scope 2.

Germany and the EU need a short-term strategy for enabling the necessary ramp-up of carbon dioxide removals (CDR), said the think tank German Institute for International and Security Affairs (SWP) in a report.

Carbon Forward Asia, held from March 4 to 5 in Singapore, featured a panel on the second day titled “Removals: Putting the Net into Net-Zero,” which explored the opportunities and challenges for advancing carbon removal in Asia.