Kategorie: Gitterman Asset Management
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TD Bank Secures Multi-Year Forest Carbon Deal with Chestnut Carbon
• TD Bank secures a four-year supply of Improved Forest Management (IFM) removal credits from Chestnut Carbon.• Agreement supports TD’s operational decarbonization and sustainable finance platform.• Credits sourced from privately owned U.S. forests reinforce community-based conservation and biodiversity. Nature-Based Carbon Removal Gains Institutional Backing TD Bank has entered a multi-year agreement with Chestnut Carbon to… Continue reading
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Google Expands Amazon Reforestation Partnership with Mombak to Deepen Carbon Removal Portfolio
• Google’s largest carbon removal deal to date will fund the restoration of Amazon rainforest areas through Brazilian startup Mombak, offsetting 200,000 metric tons of CO₂.• The partnership strengthens demand for high-quality nature-based carbon credits as Big Tech confronts soaring data center emissions.• Brazil’s COP30 agenda and the emergence of the Symbiosis Coalition signal a… Continue reading
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EU Pushes for Stronger Global Climate Action at COP30 in Brazil
• The EU will push for accelerated delivery on the Paris Agreement through new Nationally Determined Contributions (NDCs) and commitments to tripling renewables and doubling energy efficiency by 2030.• The bloc will formally submit its 2035 NDC, targeting a 66–72.5% reduction in net emissions from 1990 levels, on the path to climate neutrality by 2050.•… Continue reading
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