Weekly News Highlights

Stay up-to-date on the latest news and announcements from the carbon offsetting industry and environmental initiatives. Learn about new projects, partnerships, and regulations that are shaping the future of carbon offsetting, nature restoraiton, and sustainable growth.

Here are this week's news highlights:

Africa’s voluntary carbon market (VCM) is set to become a $1.5 trillion industry by 2050, offering significant economic opportunities for the continent, according to experts at the University of Nigeria, Nsukka (UNN).

Microsoft has taken a bold step toward sustainability by restoring degraded lands across the Amazon and Atlantic Forests. This decision secures 3.5 million carbon credits over 25 years, aiming to counteract the surging emissions driven by the rapid growth of artificial intelligence.

Verra has introduced its CORSIA Label Guidance, aimed at simplifying the process for aviation carbon credit compliance. This move follows a significant milestone in December 2024 when the United Nations International Civil Aviation Organization (ICAO) extended the eligibility of Verra’s Verified Carbon Standard (VCS) Program under CORSIA from the Pilot Phase to the First Phase (2024–2026).

Japan is emerging as a leader in the carbon credit market, committing $70 billion to achieve net-zero emissions by 2050. The nation’s strategy combines economic growth with environmental action, focusing on renewable energy, carbon capture, and nature-based solutions.

If you're keen to dive deeper into the carbon market and explore topics related to environmental sustainability, this is your go-to source for insightful information.

Read the full articles on Green Earth News here.

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