Baku Secures $1.3tn Climate Finance Deal at COP29 to Aid Developing Nations
Azerbaijan’s COP29 secures $1.3 trillion climate finance pledge, redefining global efforts to support developing nations.
Global Climate Accord Secures Milestone as Article 6 Operationalized at COP29
Global climate diplomacy unlocks Article 6, paving the way for high-integrity carbon markets and enhanced international cooperation.
Energix, Google Ink Long-Term Renewable Energy Agreement
Carbon credits are critical for technology giants like Google, as they use them to power their rapidly expanding data centers and drive artificial intelligence.
Qantas, Rio Tinto, BHP to Invest $53M in Australian Carbon Credit Fund
The fund, managed by Silva Capital — a joint venture between Roc Partners and C6 Investment Management — aims to raise AU$250 million to generate and manage Australian Carbon Credit Units from reforestation initiatives.
Malaysia to Hold First Auction of Domestic Carbon Credits in July
The credits will come from the Kuamut Rainforest Conservation Project, a Sabah-based initiative protecting and restoring over 83,000 hectares of tropical rainforest.
Controversy Over SBTi Approval of Allowing Carbon Credits for Scope 3 Emissions Offsetting
The organization will now allow companies to use carbon credits to offset their Scope 3 emissions, which includes their entire value chain, in their pursuit of net-zero targets.