Global Climate News

The Joint Committee under EU-Swiss Linking Agreement has established 2025 arrangements for emission allowance transfers between EU and Swiss Emissions Trading Systems, with specific non-transfer dates identified.

Patch has published a report analyzing conversations with 400+ buying decision makers to identify barriers in carbon credit purchasing and propose pathways for scaling carbon dioxide removal demand.

Organics haulers and processors report growth in composting facilities, with $2.3B private investment since 2020. Companies like Natural Upcycling, Agromin, and Divert are expanding operations and exploring standardization methods.

Proveye has secured a $950,000 contract with ESA to develop its remote sensing platform for monitoring land use, carbon sequestration and biodiversity in grasslands.

Carbon Streaming Corporation has appointed Marin Katusa as CEO effective November 25, 2024, succeeding Christian Milau. Katusa will receive $1 per annum compensation.

COP29 in Baku concluded with a new climate finance goal of $300 billion per year by 2035, carbon market rules agreement, but faced opposition on fossil fuel discussions and adaptation financing.

Neutral, a carbon market infrastructure startup, has closed its carbon credit exchange and shifted focus to developing carbon accounting technology for climate consultancies.

Greece, EU Commission and EIB have established Island Decarbonization Fund with €1.6B initial budget for Greek islands' decarbonization projects, including renewable energy, energy storage, and grid connections.

Cool Effect has relaunched its 'Give the Gift of Clean Air' campaign to fund clean cookstoves in Honduras and Guatemala, aiming to donate 100 cookstoves through carbon credit purchases.