The Northern Lights CCS project is the first cross-border CO₂ transport and storage network with open access for third-party users.
The Toolkit now supports governments to consider different types of credit-based international carbon markets holistically, including Article 6 mechanisms
The newly approved methodologies are expected to increase annual CCP-labelled issuances by over 1 million credits by 2026.
Trump’s administration is seeking to end two of NASA’s most advanced climate-monitoring missions: the Orbiting Carbon Observatory (OCO)-2 and OCO-3.
Japan Airlines announced the completion of the first phase of its digital trading platform for Scope 3 emission reductions associated with SAF use
The International Court of Justice (ICJ) released an Advisory Opinion stating that all states have binding legal obligations to act on climate change
Verra and Gold Standard have each announced new insurance frameworks and eligibility criteria aimed at supporting the integrity of CORSIA-eligible carbon credits.
Limiting global warming to 1.5°C requires annual removals (across all project types) of 5 to 10 billion tonnes of CO2 by midcentury.
Notably, the amendment allows for the international use of Article 6 credits to meet up to 3% of the EU’s 1990 emissions.