Theodora Stankova

Sofia-Capital

Contributor at Carbon Herald

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Articles

Puro.earth Enables First CORCs Issued In China With Nian’da Biochar Project

6 days ago | carbonherald.com | Theodora Stankova

Puro.earth has reached a major milestone in Asia with the certification of China’s first carbon dioxide (CO2) removal certificates (CORCs), issued through the Nian’da Biochar Facility operated by MioTech. This marks the inaugural Chinese project to meet Puro.earth’s rigorous standards for durable carbon removal—setting a new benchmark for science-based, high-integrity climate action in the region.
Singapore Signs Carbon Credit Deal With Rwanda, Sixth Since 2023

1 week ago | carbonherald.com | Theodora Stankova

On May 6, 2025, Rwanda became the sixth country to sign a carbon trading implementation agreement with Singapore since late 2023, Singaporean newspaper The Straits Times has reported. The deal was formalized by Singapore’s Minister for Sustainability and the Environment, Grace Fu, and Rwanda’s Minister of Environment, Dr Valentine Uwamariya, during her visit to Singapore.
GenZero Strikes Long-Term Carbon Credit Deal With China's Tencent

1 week ago | carbonherald.com | Theodora Stankova

Chinese tech giant Tencent (HKG: 0700) has joined forces with Temasek-owned investment platform GenZero to reduce over one million tons of greenhouse gas emissions through a long-term carbon credit initiative. Under the 15-year agreement, Tencent will have the option to purchase at least one million carbon credits from GenZero’s portfolio, marking a major step in supporting high-integrity climate solutions.
CNaught Raises $4.5M To Strengthen Trust And Reliability In Carbon Markets

1 week ago | carbonherald.com | Theodora Stankova

Carbon credit platform CNaught has raised $4.5 million in seed funding to improve the integrity and accessibility of the voluntary carbon market (VCM), according to a company statement on Tuesday. Led by Bow Capital and joined by FJ Labs, Silence VC, Karman Ventures, and Marketplace Capital, the funding supports CNaught’s mission to help businesses offset emissions through reliable, science-backed carbon credits.
IETA Unveils Vision For Digital Transformation Of Carbon Markets

1 week ago | carbonherald.com | Theodora Stankova

The International Emissions Trading Association (IETA) has released a forward-looking position paper outlining its vision for the digital transformation of carbon markets. Historically, these markets have been hindered by analogue processes, resulting in inefficiencies and limited scalability. However, a significant shift is underway, driven by digitalization, standardization, and the integration of Artificial Intelligence (AI).
First European-Built Offshore CO2 Carrier To Launch May 14

1 week ago | carbonherald.com | Theodora Stankova

On May 14, the first European-built offshore carbon dioxide (CO2) carrier will be christened and launched at the Royal Niestern Sander shipyard in the Netherlands, as reported by World Oil. This specialized vessel is a key part of Project Greensand, which aims to establish the EU’s first full-scale carbon capture and storage (CCS) value chain. The carrier, developed by Royal Wagenborg and Royal Niestern Sander, highlights the Netherlands’ innovative shipbuilding capabilities.
U.S. Carbon Capture Projects Struggle Amid Inflation And Policy Uncertainty

2 weeks ago | carbonherald.com | Theodora Stankova

Investment in large-scale U.S. carbon capture, utilization and storage (CCUS) projects is being hindered by inflation, rising capital costs, and policy uncertainty under President Trump’s administration, according to a report by Reuters on Wednesday. CCUS is seen as vital to decarbonizing hard-to-abate sectors like cement, steel, and chemicals by capturing carbon dioxide (CO2) emissions for storage or reuse.
LOC-NESS Project Gets EPA Permit For Small-Scale Ocean CDR Field Trial

2 weeks ago | carbonherald.com | Theodora Stankova

The Woods Hole Oceanographic Institution (WHOI) has received a permit from the U.S. Environmental Protection Agency (EPA) to conduct a small-scale ocean carbon dioxide removal (CDR) trial through the LOC-NESS project. The initiative will test ocean alkalinity enhancement (OAE), a method that captures atmospheric carbon dioxide (CO2) by boosting the ocean’s natural carbon uptake process.
Tanzania Earmarks $463M For Climate Action Amid Carbon Trading Challenges

2 weeks ago | carbonherald.com | Theodora Stankova

Tanzania has secured $408.9 million (TSh 1.1 trillion) from the $722.6 million pledged at COP29 for environmental conservation and climate initiatives, according to local news source The Citizen. The funds are now available for implementation, with projects having commenced in March 2025.
France Unveils Charter To Promote High-Integrity, Paris-Aligned Carbon Credit Use

2 weeks ago | carbonherald.com | Theodora Stankova

France has launched a groundbreaking corporate charter that sets global standards for transparent and credible carbon credit use in line with the Paris Agreement’s Article 6.4, ESG News reported on Monday. The Coalition for Paris-Aligned and High-Integrity Use of Carbon Credits aims to ensure that companies prioritize real emissions reductions and only use carbon credits as a supplement within a validated Net Zero strategy.