Carbon Removal News
CUR8, UNDO, BA, & Standard Chartered Launch Pilot to Unlock Debt Financing for Carbon Removals
Four industry leaders, including CUR8, UNDO, British Airways, and Standard Chartered, have joined forces to initiate a pioneering financing pilot aimed at accelerating the growth of the carbon removals market. This partnership responds to the urgent need to expand carbon removal efforts to limit global warming to 1.5 degrees Celsius by 2050, as emphasized by the Intergovernmental Panel on Climate Change (IPCC).
BRITISH AIRWAYS ENABLES CUSTOMERS TO PURCHASE CARBON REMOVAL CREDITS
British Airways is now offering customers the chance to address their emissions from flying by purchasing certified carbon removal credits. This innovative new approach has been made possible through the airline’s new upgraded climate platform, CO2llaborate, marking another milestone in the airline’s BA Better World sustainability journey.