Petrobras, BNDES Launch Amazon Reforestation, Carbon Credit Program Targeting 15 Million Tonnes of CO₂
Petrobras and BNDES will restore up to 50,000 hectares in the Amazon, capturing 15 million tons of carbon. The initiative, ProFloresta+, will invest over R$450 million and generate 4,500 jobs. It establishes Brazil’s first large-scale carbon restoration transaction with transparent pricing and public contracts. Petrobras and the Brazilian Development Bank (BNDES) have signed a Memorandum […]
Microsoft, Carbon Direct Set New Standards for High-Quality Marine Carbon Removal
New science-based criteria – Carbon Direct and Microsoft release guidelines to ensure high-quality, scalable marine carbon dioxide removal (mCDR). Supporting durable carbon removal – The standards focus on environmental integrity, monitoring, durability, and social impact. Guiding responsible deployment – As mCDR investments grow, the criteria aim to ensure safe, effective, and transparent implementation. Carbon removal […]
IATA Launches Global SAF Registry to Accelerate Net Zero Transition in Aviation
IATA’s Sustainable Aviation Fuel (SAF) Registry is now live under CADO, enabling a global SAF market. The Registry ensures transparency, prevents double counting, and allows airlines to claim SAF purchases against climate goals. Industry progress depends on policy shifts—governments must redirect fossil fuel subsidies to renewables. The International Air Transport Association (IATA) has officially launched […]
BBVA Expands Global Sustainability Training to 466 SME Suppliers in Third Year of UN Program
Broader Reach: BBVA trained 466 SME suppliers across 13 countries, an 11% increase from 2024. Global Engagement: The UN-backed program saw a record 5,200 SME suppliers participating, up 55% from last year. Enhanced Accessibility: Training is available in Spanish, English, and Portuguese, ensuring global supplier participation. BBVA continues its commitment to sustainability by training 466 […]
Bill Gates-Backed Startup Savor Announces Commercial Launch of Butter Made From Carbon
Revolutionary Innovation: Savor launches the world’s first animal- and plant-free butter, utilizing carbon-based fat production to replace conventional agriculture-dependent oils. Industry Adoption: Michelin-starred restaurants and top bakeries are among the first to incorporate Savor’s sustainable butter into their menus. Scalability & Market Impact: With a new 25,000-square-foot pilot facility, Savor aims for large-scale production and […]
