Breaking News
Harnessing Market Growth in Carbon Removal: New Report Explores Solutions
A new report by Ted Christie-Miller, Head of Carbon Removal at BeZero, Victoria Harvey, Research Associate at BeZero, Natalia Dorfman, Kita CEO and Co-founder, and Eilís O’Keefe Carbon Markets Partnerships Analyst at Kita, explores innovative solutions to unlock carbon removal market growth and attract the much-needed investments. The carbon removal industry is crucial for meeting global climate targets, and this report sheds light on the challenges and opportunities within the sector.
The authors identify three core hurdles to market growth: transparency, confidence, and safeguards. They propose focusing on three key aspects of the carbon removal market to overcome these challenges: Monitoring Reporting and Verification (MRV), ratings, and insurance. By integrating these mechanisms, the carbon removal market can attract trillions of dollars in private investment and reach its full potential.
MRV is vital for building investor confidence and ensuring climate outcomes, while carbon ratings, such as the BeZero Carbon Rating, provide risk-driven pricing and transparency. Carbon insurance, on the other hand, acts as a risk management mechanism that transfers risks to specialized insurance companies, thus increasing trust in the market.
The report highlights that the carbon removal industry must grow by a factor of 1300 over the next three decades to meet global climate targets. By applying traditional capital market mechanisms like accounting, credit ratings, and insurance, the sector can unlock enormous private capital and make significant strides toward a more sustainable future.
For a detailed analysis of the challenges and solutions presented in this report, we encourage readers to delve deeper into the insights provided by Ted Christie-Miller, Victoria Harvey, Kita Natalia Dorfman, and Eilis O’Keefe. Their expertise and collaboration have paved the way for understanding how to drive market growth in the carbon removal industry and attract the investments needed to reach global climate targets.
People In This Post
- Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents Read more
- Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants Read more
- Saudi Central Bank Launches Google Pay Service Through Mada Network Read more
- Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion Read more
- Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’ Read more
Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion
Tamara has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major FIs
SEON Closes $80 Million Series C Led by Sixth Street Growth
SEON announced the close of its $80 million Series C round of funding, led by Sixth Street Growth
Spare Secures $5mln in Pre-Series A Funding to Build the Next Generation of Open Banking Infrastructure
Spare, a fast-growing open banking infrastructure provider based in Riyadh, raised USD 5 million in a pre-Series A funding round
HALA Raises $157m in One of the Middle East’s Largest Fintech Series B Rounds, Led by TPG and Sanabil Investments
HALA raised $157 million in a Series B investment round, one of the largest fintech Series B funding rounds in the Middle East
KKR Agrees to Acquire Newday’s Consumer Credit Portfolio From Cinven and CVC
Cinven and CVC have agreed to sell NewDay’s portfolio of consumer credit receivables to private credit funds and accounts managed by KKR, a leading global investment firm.
Polygon Labs and Cypher Capital Expand Institutional Access to POL Across the Middle East
Polygon Labs, the core development team behind the Polygon ecosystem, has launched a new initiative with Cypher Capital, a global investment firm specializing in digital assets and Web3 innovation, to launch a new initiative designed to expand institutional access to POL, the native token powering Polygon’s ecosystem. Cypher Capital, which recently acquired a significant amount of POL, will collaborate with Polygon Labs to provide structured strategies that enable institutional investors to gain exposure to POL while generating yield and strengthening the growth and security of the network.
More Than 1 in 3 Employees Have Withdrawn from Their Retirement Funds; Many Expect to Tap Them Again Next Year
Payroll Integrations, the technology company that’s reimagining how employers support employees’ financial well-being through benefit automation, has released the first part of its two-part 2025 Employee Financial Wellness Report. The second annual report reveals rising concerns over retirement stability, with 38% of surveyed employees reporting they have tapped their retirement funds and a third (33%) planning to do so within the next year. While withdrawals occur across all demographics, they are especially common among younger workers–nearly half (46%) of Gen Z employees report having taken out funds.
Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents
Payhawk announced set of AI agents that complete everyday finance work as part of its product launch
Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants
Ant International will launch cross-border QR code payments between the Saudi Arabia’s (KSA) national payment scheme, mada, Alipay+, during 2026 to drive digitisation and inclusive growth for local merchants.
Saudi Central Bank Launches Google Pay Service Through Mada Network
The Saudi Central Bank (SAMA) announced the launch of Google Pay through the Kingdom’s national payment network, Mada
Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion
Tamara has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major FIs
Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’
Starling has revealed major changes to its visual brand, with a new logo, colours and card designs set to roll out to the bank’s app
barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia
Thunes and barq launched barq’s enhanced remittance services to millions of consumers across the Kingdom
Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments
Paymentology announcesd its commercial registration in Riyadh bringing card issuing and payment processing to Saudi Arabia