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Egypt’s voluntary carbon market (VCM), two years in the making, is poised to open once the country's Financial Regulatory Authority (FRA) approves trading rules by the Egyptian Stock Exchange (EGX) and settlement rules by clearing house Taswyaat, both put out this week.

US-based researchers have unveiled a groundbreaking method for the ultrafast and chemical-free conversion of atmospheric CO2 into stable, ice-like hydrates – a breakthrough they say could revolutionise the carbon sequestration industry.

Amazon has become the latest big tech firm to underline a focus on carbon removals to meet future net zero targets, in an annual sustainability report published Wednesday.

The miombo woodlands in Mozambique store around twice as much carbon as predicted with conventional methods, researchers led by carbon data provider Sylvera have found using laser-based remote sensing.

The EU Commission has ringfenced €4.7 million to fund a project aimed at mobilising private investment in biodiversity conservation and restoration measures.

Vietnam has successfully submitted complete and programme-eligible REDD+ documentation to ART TREES, the standard’s secretariat announced Wednesday, paving the way for validation, verification, and eventual issuance of serialised jurisdictional carbon credits from the Southeast Asian country.

A voluntary carbon standard has announced a new subsurface biomass protocol for durable removals, which will now face a public consultation before credits are issued.

A US-based data intelligence company has launched a new platform to support decision-making on biodiversity conservation efforts across the country's Western states.

The Science Based Targets initiative (SBTi) is inviting financial institutions to apply to take part in its pilot standard for net zero targets in the sector, it announced on Wednesday. 

The German government will not introduce a law to bring forward the country's coal exit date from 2038 to 2030, the country's economic minister, Robert Habeck, said on Tuesday, national media reported. 

Puro.earth, a registry and certification standard for durable carbon removal, will revise its enhanced rock weathering methodology taking into account initial projects’ feedback, it said Wednesday.

After decades of bags lining the streets, the mayor has proudly wheeled out a McKinsey-approved trash can

The revolution will not be televised. Unless it’s Mayor Eric Adams’s Trash Revolution, of course. In which case a press conference will be held, music blasted, and every camera crew in the five boroughs invited.

On Monday the mayor of New York, with Jessica Tisch, the sanitation commissioner, by his side, unveiled New York City’s first official trash bin. The mayor wheeled the new NYC Bin down Gracie Mansion’s driveway and, with his characteristic swagger, demonstrated how the innovative new technology works: you open the lid and you put the rubbish in. It’s highly intuitive technology.

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The use of low-carbon steel would help to reduce CO2 emissions in European car production by 6.9 million tonnes in 2030, adding little extra cost to the price of electric vehicles, according to research published on Wednesday.

A carbon trading tech startup will acquire another firm specialising in large-scale carbon dioxide removal (CDR) projects, the two companies have announced.

A UK-based durable carbon removals company will use Xpansiv's exchange platform to sell credits to corporate and intermediary participants around the world, underpinned by a standards-setter and carbon insurance specialist, they announced on Wednesday.

EU carbon prices were little changed at midday on Wednesday as the energy complex gave up early gains and after weekly position data showed investment funds had shifted their holdings in favour of greater length during last week's 4.3% price rally, while UK Allowances steadied after falling 10% in the previous three sessions.

The Republic of Ireland has allocated €22.3 million to advance research on sustainable agriculture, including exploring opportunities for farmland nature credits.

Offshore gas investments in Southeast Asia are set to more than double over the next four years, according to research released Wednesday, with a myriad of fossil fuel projects in the region ready to be executed.

A certifier has validated a new methodology for carbon capture and utilisation, developed by a British cleantech startup focused on hard-to-abate sectors.

Malaysia is discussing bilateral agreements with countries in the region to establish itself as carbon capture, utilisation, and storage (CCUS) hub, while creating rules, regulations, and incentives to attract project developers, an official told a conference Wednesday.