Market Updates
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© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Brookfield and Foxconn form renewable energy partnership in Vietnam
Global investment firm Brookfield has partnered with Foxconn to develop up to 1 GW of utility-scale wind, solar, and battery capacity in Vietnam. Funded via Brookfield’s Catalytic Transition Fund, the projects will be backed by long-term power purchase agreements (PPAs). This collaboration aims to secure a stable, cost-effective, and renewable energy supply for Foxconn’s expanding regional operations and supply chain. The initiative highlights rising corporate demand for clean energy in Southeast Asia amid Vietnam’s evolving direct PPA framework.
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#Brookfield #Foxconn #Vietnam #RenewableEnergy #PPAs #DPPA #SupplyChain #ClimateFinance
American Airlines and Google sign record-breaking sustainable aviation fuel agreement
American Airlines and Google have signed a record-breaking agreement for 35 million gallons of sustainable aviation fuel certificates (SAFc) over three years. Marking the largest publicly announced SAFc deal between an airline and a single corporate customer, it will reduce emissions by nearly 300,000 metric tons. Supported by an Illinois SAF tax credit, American will receive the physical fuel at Chicago O’Hare, while Google utilizes the environmental benefits for business travel emissions, signaling strong corporate demand to catalyze the market.
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#AmericanAirlines #Google #SAFc #SustainableAviationFuelCertificates #Scope3 #AviationDecarbonization #ClimateTech
Airline CEOs warn EU plan to expand carbon costs will raise fares
European airline CEOs, including leaders from Air France-KLM, Lufthansa, IAG, and Ryanair, have urged the EU not to extend its Emissions Trading System (ETS) to international flights. They warn that expanding carbon pricing beyond the European Economic Area will increase airfares and cargo costs. The industry argues this move undermines CORSIA, the UN’s global emissions scheme. However, the European Commission believes the expansion ensures fair competition and doubts CORSIA alone can effectively achieve Europe’s climate goals.
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#Airlines #EUETS #CORSIA #AviationIndustry #CarbonPricing #AirFranceKLM #Lufthansa #IAG #Ryanair #EuropeanCommission #ClimatePolicy #EmissionsTrading #Sustainability
Nest Backs Climate Innovation with £200 Million Investment Through IFM Alliance
Nest, a major pension scheme in the UK, has invested £200 million in climate technology through its partnership with IFM Investors. This funding backs businesses and infrastructure projects driving global decarbonisation, particularly within the UK. While the pension fund declined to disclose expected returns, this commitment aligns with its broader plan to invest £5 billion through IFM by 2030. The move highlights how large pension funds are increasingly financing sustainable innovations to support the global energy transition while securing members’ returns.
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#Nest #IFMInvestors #ClimateTech #PensionFund #Decarbonisation #UKInfrastructure #ClimateFinance
Stockholm emerges as key buyer of removal credits with bioenergy carbon capture deal
Stockholm has become the world’s fifth-largest buyer of permanent carbon removal credits after signing a 15-year agreement with Stockholm Exergi for 50,000 mt/year from its BECCS facility. The credits will help offset hard-to-abate emissions from construction materials and wastewater treatment as the city pursues climate-positive status by 2030 and fossil-fuel-free operations by 2040. Stockholm Exergi’s BECCS plant, scheduled to begin operations in 2028, will capture 800,000 mt/year of CO2 from biomass combustion and permanently store it beneath the North Sea near Bergen, Norway. The project is funded through government support and carbon removal credit sales. The agreement further strengthens growing demand for engineered carbon removals in voluntary carbon markets.
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#Stockholm #StockholmExergi #BECCS #CarbonRemoval #CDR #Sweden #Norway
Econetix And SmartestEnergy Partner On CORSIA Carbon Credits
Econetix has signed a multi-million dollar forward supply agreement with SmartestEnergy to provide CORSIA-eligible carbon credits for aviation and corporate buyers. The credits will come from certified projects in Africa, including improved cookstove and solar lamp initiatives in the Democratic Republic of the Congo. SmartestEnergy, part of Japan’s Marubeni Group, will distribute the credits through its global trading network. Econetix said the agreement strengthens its position in the growing market for CORSIA-compliant credits, as airlines prepare for stricter international offsetting requirements. The company is developing more than ten projects across Africa and managing the full CORSIA value chain, including Article 6 approvals, corresponding adjustments, and registry labelling.
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#CORSIA #Econetix #SmartestEnergy #Marubeni #Article6 #CorrespondingAdjustments #Cookstoves #SolarLamps
Lufthansa Group Revamps Carbon Offset Portfolio with Tech Focus
Lufthansa Group has revamped its climate protection portfolio by increasing the share of technology-based carbon removal projects and introducing DACCS projects for the first time. The updated portfolio includes 14 projects certified under high-integrity standards, with removal projects now accounting for 20% of the portfolio, double the previous share. The remaining projects focus on emissions avoidance initiatives such as efficient cookstoves and biogas systems. Lufthansa is collaborating with partners including Climeworks, Deep Sky, Airbus, and 1PointFive to support long-term carbon removal technologies. In 2025, passengers supported projects covering more than 710,000 metric tonnes of CO₂ through Lufthansa’s sustainable travel options, representing a 20% increase compared with the previous year.
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#Lufthansa #DACCS #CarbonRemoval #CarbonRemoval #Aviation #CDR
Microsoft Makes First CDR Purchase Since Talks Of A Buying Slowdown
Microsoft has signed a seven-year carbon dioxide removal (CDR) agreement with Danish energy company BioCirc for up to 650,000 tons of removals generated through a BECCS platform in Denmark. The deal marks Microsoft’s first publicly announced CDR purchase since reports emerged that the company was slowing parts of its carbon removal procurement. Under the agreement, BioCirc will deliver 100,000 carbon removal units annually from biogenic CO2 captured and permanently stored from five biogas plants. The captured CO2 will be stored in geological formations beneath the Danish North Sea. Microsoft accounted for 43% of contracted CDR volumes in the first half of 2026, according to CDR.fyi. Initial deliveries are expected to begin in the second half of 2026.
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#Microsoft #BioCirc #CDR #BECCS #CarbonRemoval #Biomethane #MelanieNakagawa
Anew Climate Expands Carbon Market Capabilities in Singapore
Anew Climate has expanded its carbon market capabilities in Singapore with support from the Singapore Economic Development Board’s Carbon Project Development Grant. The expansion follows the company’s recent launch of its Singapore office and reflects growing demand for high-integrity carbon credits across Asia. From Singapore, Anew plans to focus on developing and evaluating carbon projects aligned with Singapore’s Article 6 strategy while connecting global supply with regional demand. The office will also support compliance markets, international carbon mechanisms, cross-regional market development, and low-carbon fuel offtake opportunities between North America and Asia. Singapore officials said the expansion strengthens the country’s position as a regional hub for carbon services and credible climate solutions.
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#AnewClimate #Singapore #Article6 #NBS #HighIntegrity #EDB
Tencent, CATL Join 10 Million-Ton Carbon Credit Push
Tencent and CATL have joined a carbon credit initiative targeting 10 million tons of carbon credits, reflecting growing participation by major Chinese companies in climate action and carbon markets. The initiative aims to support high-quality carbon credit development, project financing, and corporate decarbonization efforts through carbon credit purchases and investments. Market observers say participation by large corporations could improve liquidity, expand demand, and accelerate the development of credible carbon projects. The move also highlights increasing corporate interest in integrating carbon credits into broader net-zero and ESG strategies. However, scrutiny around carbon credit quality, transparency, and integrity continues to intensify as companies face rising expectations regarding climate disclosures and offset use.
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#Tencent #CATL #China #CarbonCredits #SymbiosisCoalition #NBS