Carbon removals

Microsoft builds on carbon credit strategy with Mexican rainforest agreement

Microsoft's carbon footprint jumped by nearly 30% in 2023.

Melodie Michel

12 September 2024

Transition Finance

Wells Fargo begins developing transition finance framework

Banks could generate US$44 billion of extra revenue annually through 2030 by financing the climate transition.

Melodie Michel

03 September 2024

COP29

COP29: Oman finalises draft rules for Article 6 carbon market

Last year at COP28, governments unexpectedly rejected the guidance they had been working on due to disagreements.

Melodie Michel

28 August 2024

Policy & Standards

Lawmakers and think tanks back SEC climate disclosure rule in court

"Nothing in the instant rule regulates climate change or greenhouse gas emissions."

Melodie Michel

21 August 2024

CSO Futures Weekly

CSO Futures Weekly: US climate policies hang in the balance

New policies are lowering emissions in the US, leaders question UN ambition on fossil fuels and Aussie corporations bet on carbon credits...

Melodie Michel

15 August 2024

Carbon market

Qantas, Rio Tinto and BHP fund Australian carbon credit initiative

The new scheme aims to raise A$250 million to develop carbon projects on agricultural land.

Melodie Michel

13 August 2024

Carbon offsets

Renewable energy carbon credits excluded from market integrity scheme

The second most popular type of carbon offsets have rapidly declined in both volume and value.

Melodie Michel

06 August 2024

CSO Futures Weekly

CSO Futures Weekly: Let’s talk about Chief Sustainability Officer burnout

CSOs are under pressure, SBTi kicks the carbon credit can down the road and a raft of new appointments...

Melodie Michel

01 August 2024

Carbon offsets

SBTi releases ‘mixed findings’ on carbon credit effectiveness in climate targets

"The SBTi believes that direct decarbonisation must remain the priority for corporate climate action."

Melodie Michel

30 July 2024

Carbon offsets

VCMI to launch consultation on use of carbon credits for Scope 3

Standard-setters’ exploration of Scope 3 decarbonisation flexibility has rekindled the debate around the corporate use of carbon offsets.

Melodie Michel

23 July 2024