Carbon Herald

24/11/2023

Biochar Life – a public benefit corporation that supports smallholder farmers in developing countries, announced on November 23rd its strategic partnership through an investment from Ground Up Investing (GUI).



https://bit.ly/3MYf6Vg

Biochar Life announced on November 23rd its strategic partnership through an investment from Ground Up Investing (GUI).

24/11/2023

Sirona Technologies is the first direct air capture startup in Belgium. With a team of experts behind it, it aims to scale the technology much faster than the normal trajectory. Here is how!



https://bit.ly/3MZua4H

Sirona Technologies is a new startup based in Belgium, the first in the country to use direct air capture to tackle climate change.

24/11/2023

Indonesia marked a significant milestone on Friday as President Joko Widodo launched the construction of the country’s first carbon capture, utilization, and storage (CCUS) project in West Papua province.



https://bit.ly/3QS6CA2

Indonesia marked a significant milestone on Friday as President Joko Widodo launched the construction of the country's first carbon capture, utilization, and storage (CCUS) project in West Papua province.

24/11/2023

In another historic step for the world’s first Voluntary Carbon Exchange, CTX has partnered with SASA ENVIRO, a revered Chennai-based Environmental and Agricultural Solutions provider, to launch CTX India.



https://bit.ly/3QVEAU8

CTX has partnered with SASA ENVIRO, a revered Chennai-based Environmental and Agricultural Solutions provider.

24/11/2023

A new report by the International Energy Agency (IEA) released on Nov. 21, says that oil and gas companies need to start “letting go of the illusion” that “implausibly large” amounts of CO2 capture can solve the global climate crisis.



https://bit.ly/3sNN3AR

A new report by the International Energy Agency (IEA) warns oil and gas companies against banking on carbon capture and storage.

24/11/2023

Ahead of COP28, partners of the Ocean Pavilion and stakeholders have unveiled the COP28 Dubai Ocean Declaration, emphasizing the pivotal role of the ocean in climate regulation.



https://bit.ly/49TT283

Ahead of the upcoming 28th United Nations (UN) Climate Change Conference at the end of the month, partners of the Ocean Pavilion and stakeholders have unveiled the COP28 Dubai Ocean Declaration, emphasizing the pivotal role of the ocean in climate regulation.

24/11/2023

The International Energy Agency (IEA) has warned oil producers to allocate around 50% of their yearly investment towards renewable energy projects by 2030 in order to stay in line with international climate objectives.



https://bit.ly/3QRVgfi

IEA warns oil producers to increase their yearly investment towards renewable energy projects in order to meet climate objectives

23/11/2023

We had a chat with Jan Kielland, CEO of Capsol Technologies, who described the company’s efficient approach to carbon capture, the cost drivers & potential future improvements in the sector that will accelerate CCS.



https://bit.ly/3QSlI8L

We had a chat with Jan Kielland, CEO of Capsol Technologies who described the company's efficient approach to carbon capture.

23/11/2023

The Global Carbon Council released 1.0 version of its Draft Methodology for Project Activities Involving the Capture, Transport, and Geological Storage of CO2 along with Guidance on site selection & monitoring requirements.



https://bit.ly/3QV9Lz5

The Global Carbon Council has released the first version of its Draft Methodology for Project Activities Involving Storage of CO2.

23/11/2023

Biochar carbon removal tech company PYREG and carbon insurer Kita have signed a memorandum of understanding to collaborate on the largest durable biochar carbon removal project pool globally.



https://bit.ly/3QVeZuy

PYREG and Kita have signed a MOU to collaborate on the largest durable biochar carbon removal project pool globally.

23/11/2023

The U.S. DOE launched The Carbon Dioxide Removal (CDR) Purchase Pilot Prize - DACCS, BECCS, and other carbon removal companies can now compete to sell carbon removal credits directly to DOE. Applications due till Dec 14.



https://bit.ly/3SVb5EH

FECM announced the Carbon Dioxide Removal Purchase Pilot Prize, which will enable companies to compete for the opportunity to sell carbon dioxide removal credits directly to DOE, helping to drive innovation, commercialization, and growth of the industry.

22/11/2023

The company’s president, Dean Ferguson, said that it has decided to withdraw the current application but plans to resubmit in early 2024 after recommendations from the Illinois Commerce Commission are taken into account.


https://bit.ly/3SNUi6s

22/11/2023

Abu Dhabi Global Market (ADGM) announced its appointment as ‘Principal Climate Finance Partner’ at COP28. The partnership highlights ADGM’s strategic emergence as a climate finance hub in the region.



https://bit.ly/46rwrwr

Abu Dhabi Global Market (ADGM) announced today its appointment as 'Principal Climate Finance Partner' at COP28.

22/11/2023

The carbon management software market is projected to grow at a CAGR of 19.7%, reaching $5.5 billion by 2032, According to a report from technology intelligence firm ABI Research.



https://bit.ly/3MXdviq

According to ABI Research, the carbon management software market is projected to grow at a CAGR of 19.7%, reaching $5.5 billion by 2032.

22/11/2023

The European Parliament voted in favor of the Carbon Removal Certification Framework (CRCF) and the Net Zero Industry Act (NZIA), demonstrating its support for scaling up carbon dioxide removal (CDR) capacity in the EU.



https://bit.ly/47MlXJ6

The European Parliament has voted on the Carbon Removal Certification Framework (CRCF) and the Net Zero Industry Act (NZIA).

22/11/2023

The UK government has unveiled a substantial £4.5 billion ($5.7bn) funding bolstering British manufacturing, including £960 million earmarked for a Green Industries Growth Accelerator to support clean energy production.



https://bit.ly/47nXnPa

The UK government has unveiled a substantial £4.5 billion (nearly US$5.7 billion) funding initiative aimed at bolstering British manufacturing and stimulating economic growth, including £960 million earmarked for a Green Industries Growth Accelerator to support clean energy manufacturing.

22/11/2023

ADNOC and the Omani startup 44.01 will kick off the carbon mineralization project in the UAE, which was announced earlier this year. The project involves extracting carbon directly from the air and converting it into rock.



https://bit.ly/46tYlbf

ADNOC and 44.01 will kick off the carbon mineralization project in the UAE, which was announced earlier this year.

22/11/2023

A carbon capture and storage initiative offshore Malaysia is set to launch by the end of 2028, as per a recently signed key principles agreement between Petronas CCS Ventures and three Japanese companies.



https://bit.ly/3MUdXhc

A carbon capture and storage (CCS) initiative offshore Malaysia is set to launch by the end of 2028, as per a recently signed key principles agreement (KPA) between Petronas CCS Ventures (PCCSV), a wholly-owned subsidiary of Malaysia’s national energy group Petronas, and three Japanese companies.

21/11/2023

The direct air capture (DAC) leader Climeworks and Deep Sky announced they have signed a non-exclusive Memorandum of Understanding to explore the development of large-scale direct air capture and storage projects in Canada.



https://bit.ly/49Nuzkz

Climeworks and Deep Sky announced they will explore the development of large-scale direct air capture and storage projects in Canada.

21/11/2023

ADNOC and Santos announced the signing of a strategic collaboration agreement that could develop a joint global carbon management platform to support the decarbonization journey of customers throughout Asia-Pacific.



https://bit.ly/3G8XuBV

ADNOC and Santos announced the signing of a strategic collaboration agreement that could develop a joint global carbon management platform.

21/11/2023

Finnish startup Solar Foods, which makes a protein-packed ingredient - Solein by feeding microbes elements from the air like CO2, has raised €8 million ($8.8 million) in a Series B round carried out through Springvest.



https://bit.ly/49Jqm1p

Finnish startup Solar Foods has raised €8m ($8.8m) in a Series B to ramp up production at its demonstration facility for its protein product.

21/11/2023

Updated research on climate pledges for all UN Members suggests they might be over-relying on forest restoration and reforestation to reach net zero goals. It says the focus at COP28 should be on phasing out fossil fuels instead.



https://bit.ly/40VxLGY

An updated report on climate pledges for all UN Members suggests they might be over-relying on forest restoration and reforestation.

21/11/2023

Canada will present legislation this month to start paying subsidies for carbon capture and net-zero energy projects, Reuters reported. The new law would be part of a plan worth approximately $20 billion over five years.



https://bit.ly/49JMYyJ

Canada will present legislation this month to start paying subsidies for carbon capture and net-zero energy projects, Reuters reported.

21/11/2023

The U.S. Department of Energy has selected the University of Wyoming School of Energy Resources to lead a fourth major carbon capture and storage project under the CarbonSAFE Initiative.



https://bit.ly/3R79nPg

The U.S. DOEselected the University of Wyoming School of Energy Resources to lead a 4th carbon capture and storage project under CarbonSAFE.

21/11/2023

Agreena has confirmed its leading position in Europe with the announcement that its pioneering soil carbon platform now covers two million hectares across 17 European countries.



https://bit.ly/3sPNB9d

Agtech startup, Agreena announced its pioneering soil carbon platform now covers two million hectares across 17 European countries.

20/11/2023

Italy’s first climate tech startup working with DAC technology, CarpeCarbon, raised €1.7mil ($1.9m) in funding to further advance its mission of removing CO2 from the atmosphere for reuse in various industrial applications.



https://bit.ly/3QUHTey

DAC technology startup CarpeCarbon received €1.7 million in funding to further advance its mission of removing CO2 from the atmosphere.

20/11/2023

Governments heavily relying on carbon dioxide removal to fulfill climate targets may be in violation of international law and could face legal risks in the future, researchers have warned in a recent study.



https://bit.ly/46teRrP

Governments heavily relying on carbon dioxide removal (CDR) to fulfill climate targets may be in violation of international law and could face legal risks in the future, researchers from the University of Oxford and Imperial College London have warned in a recent study.

20/11/2023

Manulife Investment Management raised $224.5 million in commitments at the initial close of Manulife Forest Climate Fund LP, reaching nearly the halfway mark towards the fund’s target for nature and climate change mitigation.



https://bit.ly/3SORsyb

Manulife Investment Management has raised $224.5 million in commitments at the initial close of Manulife Forest Climate Fund LP.

20/11/2023

AlliedOffsets issued a new report called 2023 VCM Forecast Report. The analysis navigates through the future of the voluntary carbon market (VCM) based on the supply, demand, and price dynamics.



https://bit.ly/40TmOFJ

AlliedOffsets issued a new report called 2023 VCM Forecast Report, navigating through the future of the voluntary carbon market (VCM).

20/11/2023

The UN Article 6.4 Supervisory Board (SB) has approved the activities involving carbon removal and the requirements for the development and assessment of methodologies – two documents part of the Article 6.4 mechanism.



https://bit.ly/47qrmG3

The UN Article 6.4 Supervisory Board approved the recommendations on carbon removal and the requirements for the development of methodologies.

20/11/2023

Twelve countries, the European Commission, and the East Mediterranean Gas Forum will develop an emissions measurement, monitoring, reporting, and verification framework across the international natural gas supply chain.



https://bit.ly/47mXzhm

Twelve countries, the European Commission, and the East Mediterranean Gas Forum have established a supply chain emissions MMRV framework.

20/11/2023

Indonesia and ExxonMobil have signed two memorandums of understanding aimed at developing carbon capture and storage projects in the country.



https://bit.ly/3MQwqva

Indonesia and ExxonMobil have signed two MoUs aimed at developing carbon capture and storage projects in the country.

20/11/2023

Carbon Catalyst announced two new partners for its carbon capture and storage projects in the North Sea- Wintershall Dea, part of BASF and Summit Energy Evolution Limited (SEEL), a subsidiary of Sumitomo Corporation.



https://bit.ly/47mXlqw

UK carbon capture company Carbon Catalyst announces two new partners for its Orion and Poseidon projects in the North Sea.

20/11/2023

Eion, a pioneer in the field of carbon removal, has made significant progress in its work on its enhanced rock weathering (ERW) deal with technology company Stripe. It has successfully completed partial delivery of the CDR purchase.



https://bit.ly/40Kyn1U

Eion announced a successful partial delivery of a carbon removal purchase from Stripe, demonstrating the effectiveness of its technology.

20/11/2023

Carbon removal project developer Deep Sky successfully secured C$75 million ($54.7 million) in Series A funding to advance its gigaton-scale carbon removal initiatives in Canada.



https://bit.ly/46mIGdB

Montreal-based carbon removal project developer Deep Sky has successfully secured C$75 million (approx. US$54.7 million) in Series A funding to advance its gigaton-scale carbon removal initiatives in Canada.

17/11/2023

CDR.fyi has announced the launch of the world’s first supplier and buyer surveys. They will aim to gather information to assess the current and future capacity and demand for durable carbon dioxide removal.



https://bit.ly/49JC9gi

CDR.fyi launched the world’s first supplier and buyer surveys to assess the current and future capacity and demand for durable CDR.

17/11/2023

Frontier has facilitated its first set of direct air capture carbon credits purchases from CarbonCapture Inc and Heirloom. The deals signed are for a total of $46.6 million to support the direct air capture acceleration.



https://bit.ly/3QKHYRD

Frontier buyers will pay for permanent carbon removals from CarbonCapture and Heirloom, two leading innovative companies in the DAC space.

17/11/2023

Pilot Energy Limited announced updates on the MWCEP regulatory approval process. The company is provided with a clear regulatory pathway to offer material carbon management services to industrial emitters.



https://bit.ly/3urndTv

The recent amendments to Australia’s Environment Protection (Sea Dumping) Act 1981 ensure Australia can comply with its London Protocol obligations and issue a Sea Dumping permit to enable the offshore capture, transportation, and storage of CO2 in Australian waters.

17/11/2023

Carbon conversion startup OCOchem has raised $5 million in seed funding to scale its modular carbon conversion technology to industrial proportions and build a pilot plant for commercial demonstration operations.



https://bit.ly/49DWROt

Carbon conversion startup OCOchem has raised $5 million in seed funding from lead investor TO VC.

17/11/2023

The Carbon Unbound USA Summit will take place in New York from May 21-23, 2024. The event will bring together North America’s business leaders, investors, policymakers, academics, and buyers in the carbon removal space.



https://bit.ly/3MNg5HC

Carbon Unbound Summit will take place in New York from May 21 to May 23, 2024. The event will bring together over 400 CDR leaders.