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The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved ACR’s Afforestation and Reforestation of Degraded Lands, v 1.0-1.2 Afforestation, Reforestation and Revegetation (ARR) methodology under its Core Carbon Principles (CCP), ICVCM announced on Thursday July 17.
Combined nature-based and durable carbon dioxide removal (CDR) offtakes totaled at least 61.5 million tonnes of carbon dioxide equivalent (tCO2e) in the first half of 2025, according to data compiled by Fastmarkets, with technology giants continuing to drive the bulk of demand.
China’s push for greener ferro-alloy production has revealed a significant divide between its northern and southern regions due to contrasting access to clean energy, supply and demand dynamics and regulatory environments, according to market participants.
Global aluminium producer Alcoa has already diverted 100,000 tonnes of Canadian metal away from the US market in response to uncertainty about import tariffs with trade measures continuing to upend traditional trade flows and pushing the company to rethink its global supply strategy, its chief executive officer said.
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