On Monday, delegates gathered in Baku, Azerbaijan gave a green-light to carbon credit quality standards — guardrails for how international carbon crediting projects will work
The COP29 summit’s ability to reach consensus on urgent climate action also remains in shrouded in doubt, given several prominent world leaders are planning to skip the event
BP’s lobbying for climate subsidies, despite a business outlook that will boost emissions, spurs increasing criticism of 'planet-saving technologies' due to link with fossil fuel industry
Tech giants Microsoft, Meta and Google have all made purchases of carbon offsets in the Amazon rainforest this year
The deal between Standard Chartered bank and UK-based start-up UNDO could open up a new path to financing for the carbon removals industry
Carbon dioxide removal is estimated to become a $100 billion industry by 2030, provided it can be scaled up
Since last year, multiple reports have raised concerns about the authenticity and integrity of oil firms' emissions reduction projects in China — which in one case was actually chicken farm, according to a whistleblower
A recent report saying carbon offsets were ‘largely ineffective’ could lead firms to abandon or pare back investment in nature and carbon removals
China is the world’s biggest emitter of greenhouse gases and has set ambitious targets to cut down its emissions, including hitting peak carbon levels by 2030
All existing carbon credits linked to renewable energy projects failed to qualify as per the Core Carbon Principle standards due to concerns over their role in preventing emissions