In a landmark moment for climate innovation, Houston-based startup Mati Carbon has won the $50 million grand prize in the XPRIZE Carbon Removal competition, the largest incentive award in climate tech history. The company’s enhanced rock weathering approach, deployed across smallholder farms in India, beat ov...
Priceless Planet Coalition Expands Global Tree Restoration Efforts
In:
Decarbonization
Mastercard’s Priceless Planet Coalition, in partnership with Conservation International and the World Resources Institute, has expanded its global tree restoration efforts by adding three new restoration sites and enhancing six existing projects. This expansion brings the Coalition closer to its ambitious goal of restoring 100 m...
China Breaks Clean Energy Records in Q1 2025 as Solar and Wind Lead Power Shift
China is accelerating its transition to clean energy, with renewable sources accounting for a record 39% of the country’s electricity mix in the first quarter of 2025—up from 34% in the same period last year. The shift marks a significant step in the nation’s long-term decarbonization strategy and positions it as a global leader...
EU Considers Allowing International Carbon Credits to Meet 2040 Emissions Target
In:
Decarbonization
The European Union is contemplating a significant policy shift that could allow international carbon credits to count toward its 2040 climate target. This move would mark a departure from the EU’s traditional approach, which has relied solely on domestic emissions reductions. EU Climate Commissioner Wopke Hoekstra emphasiz...
EU Streamlines Deforestation Regulation, Slashes Compliance Costs for Businesses
The European Commission has unveiled key revisions to the EU Deforestation Regulation (EUDR), aimed at reducing red tape and cutting compliance costs by up to 30%, while still upholding the regulation’s environmental integrity. The move is part of a broader effort under the EU’s Competitiveness Compass strategy to...
Roche Sets 2045 Net-Zero Target with 90% Emissions Cut: “Planetary and human health are interconnected”
Swiss healthcare leader Roche has announced an ambitious roadmap to reach net-zero emissions by 2045, targeting a 90% absolute reduction across its full value chain—a plan now validated by the Science Based Targets initiative (SBTi) in line with the 1.5°C Paris Agreement threshold. The move place...