A recent deal on a UN-backed carbon market promises to move billions of dollars for climate action, but it will first need to win over sceptics

Experts say while it not yet known how the US president-elect will approach global carbon markets, his policy decisions could bring uncertainty in the near-term – but the future is full of hope

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

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

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

The move is significant given estimates that the carbon removal industry could earn up to $100 billion a year by 2030, but remains plagued by scepticism

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