November 26, 2022 Carbon Credits from a Drip? An Israeli company unveiled a new way for farmers to earn extra - carbon credits generated by its drip irrigation method. The oceans are also producing carbon credits in gigatonnes scale with seaweed farming.  Meanwhile, Abu Dhabi’s wealth fund is casting its stake at carbon credits by investing in a trading exchange. Plus the COP27 highlights and more stories in this week’s news. So, let’s get started. Carbon Credits From Drip Irrigation Agriculture has been the target of carbon mitigation actions around the globe. In Israel, a precision agriculture firm Netafim revealed its pioneering drip irrigation technology  Drip irrigation is one the most efficient water and nutrient delivery systems for growing crops by directly targeting each plant’s root zone.  Netafim said the technique can save 70% of the water used in producing rice. Plus, it uses 36% less energy and 30% less fertilizer while cutting methane emissions to alm...

November 19, 2022 Carbon Challenge Accepted! Canada launches its carbon pricing initiative at COP27, while India reveals its long-term, net zero strategy. Switzerland and Ghana also approve the first-ever international emissions trading.  Meanwhile, a climate tech startup BeZero Carbon secures $50 million to expand its carbon rating platform.  It has been a busy week for nations as the COP27 summit winds down. Canada’s Carbon Challenge At COP27, Canada formally rolls out the Global Carbon Pricing Challenge. It’s an initiative calling on all nations to expand the use of pollution pricing in fighting climate change. Carbon pricing works because there’s a financial incentive for emitters to pollute less; the more they pollute the air, the more it will cost them. Will other countries accept the challenge? That’s what we should watch out for beyond COP27.   India’s Long-Term LEDS  India aims to reach net zero emissions by 2070 and it just unveiled its long-term strat...

November 12, 2022 A Back-to-Back Launch at COP27 Since COP27 started this week, carbon credits and payment for the “loss and damage” by the biggest polluters are the focus of the talks. At the same time, Bloomberg’s charitable organization announced a new initiative to help scale the VCM.  Also within COP27 radar, foreign debt restructuring in exchange for funding conservation projects is gaining traction among developing countries.  All these COP27 roundup stories and more! So, let’s get started. $1.7T for “Loss & Damage” Concerns about tackling the catastrophic effects of climate change have never been more urgent. During COP27, the payment for the “loss and damage” experienced by poor nations because of climate disasters took center stage. The amount needed for such compensation varies; one study estimated it to be worth up to $580 billion annually by 2030, growing to $1.7 trillion by 2050.  Also at the COP27 limelight is John Kerry’s revelation of the U.S. plan to...

November 5, 2022 A Back-to-Back Launch at COP27 At COP27 next week, Salesforce will launch 3 new initiatives as part of its climate commitment while Nigeria will also introduce its billion-dollar Voluntary Carbon Market (VCM) called "ACMI" at the same summit. But before that happens, Xpansiv Market CBL announced the launch of another carbon offset contract, while a Swedish startup is upgrading its next-generation electric plane prototype.  COP27 hasn’t yet started but this week is already full of big news, so buckle up!   Not 1 or 2, But 3 Salesforce Initiatives When it comes to finding solutions for climate change, Salesforce’s name keeps popping up in the news. Apart from pouring millions of dollars into various projects that avoid or remove carbon, the company will launch 3 new initiatives at the COP27 next week in Egypt.   The Blue Carbon Framework: ensuring that blue carbon credits maximize results for the climate, people, and biodiversity. The Nature Accelerat...

October 31, 2022 Green Earth Community (Green Earth Community: GEC) Green Earth Community (Green Earth Community: GEC) announced on the 31st that it attended the ‘Blockchain ESG’ of ‘Blockchain Week in Busan (referred to as BWB) 2022’ held at BEXCO, Busan to give a lecture. Professor Won-Woo Park of Seoul National University In the lecture session, keynote speeches about the application of token economy business and the major benefits of environmental problem solving blockchain and distributed blockchain technology were given by Kwon Byeong-hyun, CEO of Future Forest and the Ambassador for the United Nations Convention to Combat Desertification (UNCCD), Jong Seob Lee (Professor of Seoul National University), Byungjoon Yoo (Professor of Seoul National University), and Hyukjoon Kwon (Professor of Suncheon-hyang University).  Next, Professor Won-Woo Park of Seoul National University became a chair to exchange research directions and experiences with each other through presentations. K...