Latest news with #climateinitiatives
National Post
02-07-2025
- Business
- National Post
Terra CO2 Announces Additional Series B Funding to Scale Sustainable Cement Production
Article content GOLDEN, Colo. — Terra CO2 (Terra), a leading US-based low-carbon building materials company, today announced their series B funding, securing US$124.5M in new equity capital. In addition to the Series B co-leads Breakthrough Energy Ventures, Eagle Materials, GenZero, and Just Climate, the round included major investment from Barclays Climate Ventures. Additional strategic investors to join the round include Prologis, the global logistics leader, Cemex, an international leader in construction materials, and Siemens Financial Services, the financing arm of global technology company Siemens. In addition to the equity raise, Silicon Valley Bank, a division of First Citizens Bank, and Stifel Bank co-led the provision of a credit facility furnishing Terra additional financial flexibility. Article content As government funding and subsidies for climate initiatives decrease in the US, it's imperative that these solutions provide cost competitive advantages that can work within existing industries and infrastructures. Terra's SCM provides a commercial deployment ready solution that is not dependent on subsidies, providing both investors and partners with the certainty they need. Article content With the new capital, Terra will be rapidly moving forward with its first 240,000 TPY commercial advanced-processing facility in the Dallas-Fort Worth market. The funding will also support expanding Terra's offices and industrial facilities, significantly growing the team, developing more shovel ready commercial projects, and further advancing new generations of cementitious products. Article content 'Terra's mandate is to deliver cementitious material solutions that the market would purchase solely based on cost and performance, even if there was no carbon benefit. The fact that Terra's cementitious materials also offer significant carbon mitigation is an additional advantage for the built environment,' says Terra CEO Bill Yearsley. Article content 'Terra's technology offers a combination of commercial readiness and cost competitiveness. Its ability to support the decarbonization of a heavy industry such as cement aligns with our commitment to support scalable, near-term solutions in hard-to-abate sectors,' says Steven Poulter, Head of Barclays Climate Ventures. Terra's patented Supplementary Cementitious Materials (SCMs) process produces a high-performing, low-cost alternative to Portland Cement and depleted traditional resources such as fly ash. And unlike other low-carbon SCMs, Terra's OPUS products utilize inexpensive, abundant, and local feedstocks from existing aggregate mines, and work within existing industry infrastructure. This approach enables immediate deployment at scale, delivering cementitious materials that perform equal to or better than historical SCM while significantly reducing carbon emissions. Terra's second product, OPUS Zero, is currently in active concrete trials and would serve as a full Portland cement replacement. Article content About Terra CO2 (Terra) Article content Terra enables our partners to unlock low-carbon cement from source to deployment. As the critical component in creating concrete, the foundation of modern infrastructure, cement is responsible for 8% of the world's CO 2 emissions. The CO 2 and NO x emissions associated with cement make finding an alternative to current solutions a climate imperative. Article content Unique to Terra is their capability to work across a diverse range of silicate rock mineralogy, not constrained by feedstock availability. Terra's technology allows the company to create sustainable construction materials with the most abundant and accessible raw materials on earth from already approved and open mines. Article content Terra's first product, OPUS SCM (Supplementary Cementitious Material), is ready for commercial deployment, capable of replacing up to 50% OPC (Original Portland Cement) and addressing the industry's carbon emissions and dwindling feedstock challenges. Terra's OPUS ZERO™, a potential 100% replacement of OPC, is in full concrete trials. Both leverage Terra's 'drop-in' reactor solution, which seamlessly integrates with existing infrastructure and sets the foundation for the transition to real zero cement. Article content Validated by third parties, Terra's materials perform equal to or better than traditional cementitious products. Article content Article content Article content Article content Article content Article content
Zawya
23-06-2025
- Business
- Zawya
Qatar-based GAB becomes the first accreditation body from the MENA region to sign APAC's MRA for GHG Accreditation
DOHA, QATAR – Continuing its commitment to supporting global and regional climate initiatives, Qatar-based Global Accreditation Bureau (GAB) has officially become a Mutual Recognition Arrangement (MRA) Signatory of the Asia Pacific Accreditation Cooperation (APAC) for the accreditation of Validation and Verification Bodies (VVBs) for Greenhouse Gases (GHG). This achievement positions GAB as a key enabler in the MENA region for climate accountability and sustainability practices aligned with international standards. Becoming an MRA signatory signifies that GAB's accreditation processes for GHG VVBs have been rigorously evaluated and deemed equivalent to those of other recognized accreditation bodies within APAC. This is particularly significant given the standing of APAC as a highly respected and influential regional cooperation of accreditation bodies in the Asia Pacific region. This development follows GAB's earlier success in 2024, when it became an MRA Signatory of both the Asia Pacific Accreditation Cooperation (APAC) and the International Accreditation Forum (IAF) for accreditation of Management System Certification Bodies. GAB's elevated status not only enhances its international recognition but also uniquely positions it as the first and only Accreditation Body Member in the MENA region to be part of APAC MRA group with a scope of GHG validation and verification. Speaking about the latest milestone, Dr. Yousef Alhorr, Founding Chairman of GAB, said, 'By becoming APAC's MRA Signatory for the accreditation of GHG validation and verification bodies, we are directly addressing the increasing demand for robust and transparent GHG accounting, aligning with international frameworks. By ensuring that VVBs accredited by GAB operate under a rigorous, internationally recognized accreditation framework, GAB is steadily progressing towards its goal of empowering stakeholders in the MENA region and other neighboring countries. To this end, it will assure that GHG validation and verification processes operated under accreditation from GAB are technically sound and adhere to the international standards, fostering confidence and paving the way for a sustainable, low-carbon future.' GAB's extended MRA signatory status will significantly benefit organizations and VVBs operating within the MENA region and neighboring countries. It will provide them with easier access to internationally recognized accreditation services for GHG validation and verification. GHG reports originating from VVBs accredited by GAB will gain greater acceptance within international markets that acknowledge the APAC MRA. This will ease trade barriers and enhance market access for organizations relying on these verified reports. Simplifying their selection process, organizations seeking GHG validation and verification services can now select GAB-accredited bodies with confidence, assured that these VVBs meet rigorous international standards. Ultimately, GAB's MRA status will empower organizations to accurately measure, report, and reduce their greenhouse gas emissions which will significantly contribute to broader global sustainability objectives and climate action initiatives within the region. GAB's extended MRA signatory status will amplify its existing portfolio and influence within the accreditation landscape. Having already accredited five VVBs—two based in Qatar and three in India—under this expanded scope, GAB is demonstrating its growing capacity to support GHG validation and verification services. With many other applicant bodies currently undergoing rigorous review at various stages of GHG-related accreditation, this momentum suggests a substantial increase in GAB's accredited partners. About GAB: Global Accreditation Bureau (GAB) is the first and only accreditation body established in Qatar by GORD as an independent legal entity to provide accreditation services to third party conformity assessment bodies (also known as Certification Bodies). It is the first to start providing accreditation services as per ISO 17029:2019 & ISO 14065:2020 to organizations providing validation and/or verification of environmental information and greenhouse gas (GHG) assertions for organizations (ISO 14064-1 & ISO 14064-3) and projects (ISO 14064-2 & ISO 14064-3). For more information, contact: Hussam Othmany Director, Marketing & Corporate Communications email: Farwa Zahra Senior Public Relations Specialist email:
E&E News
09-06-2025
- Politics
- E&E News
How much power should one judge have? Supreme Court to decide.
Nationwide injunctions have stymied President Donald Trump's efforts to freeze spending on climate initiatives and lay off workers in energy and environmental agencies. But soon the fate of the sweeping judicial decrees issued by circuit courts could be shaped by the Supreme Court, which, at the behest of the White House, is considering ways it could revamp judges' ability to issue orders that take effect across the country. The Trump administration and its allies charge that leftist activists are teaming up with like-minded judges to throw hurdles at the administration as it attempts to shake up the system. Democrats say the flurry of court orders are a result of a turbocharged administration that is violating the rules. Advertisement The broad debate hit the high court this spring during a contentious fight over citizenship.
Globe and Mail
14-05-2025
- Business
- Globe and Mail
Midweek Rally for Micro-Cap Stock After Memorandum Signing
A Calgary-based micro cap is finding a tremendous amount of success on Wednesday after the company announced that it signed a memorandum of understanding with Fayafi Investment Holding, according to a press release. Traders wasted no time snatching up shares of DevvStream Corp. (Nasdaq:DEVS) following yesterday's announcement, pushing the stock up to $1.06/share (+85.96%) at the early session high. This move was a strong continuation of the recent breakout this stock experienced earlier this month, breaking a multi-week downtrend from the end of last year. Founded in 2021, DevvStream is a leading authority in the use of technology in carbon project development. The Company's mission is to create alignment between sustainability and profitability, helping organizations achieve their climate initiatives while directly improving their financial health. With a pipeline of over 140 technology-based projects worldwide, DevvStream makes it simple for corporations and governments to address their net-zero goals while generating premium carbon credits in the process. DevvStream takes a programmatic approach to evaluating project opportunities, and co-develops projects spanning energy-efficient buildings, facilities and homes, industrial facilities, LED systems, EV charging stations, and technologies to seal oil wells. The Company's end-to-end proprietary solution removes the risk and complexity from every step, allowing organizations to move from project ideation to credit monetization with ease. The result is a multi-year stream of carbon credit revenue that transforms sustainability into a financial investment. In addition, for organizations that need help to offset their most difficult-to-reduce emissions, we also provide premium carbon credits for purchase. Copyright © 2025 All rights reserved. Republication or redistribution of content is expressly prohibited without the prior written consent of shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
