JPMorgan signs 85,000 ton forest-based carbon removal deal. Climate solutions provider Anew Climate and U.S. forestry-focused carbon removal platform Aurora Sustainable Lands announced a new agreement with JPMorganChase for the purchase of over 85,000 tons of carbon removal credits, generated through improved forest management (IFM) projects across U.S. forestlands and incorporating dynamic baselining methodologies. Aurora, a joint venture between Anew Climate and equity investors led by Oak Hill Advisors, AB CarVal, EIG and GenZero, invests in industrially harvested forests to deliver high-integrity, verifiable carbon credits. The company has acquired more than 1.7 million acres of U.S. forestland with a history of industrial logging, which it manages with a carbon stewardship strategy focused on maximizing natural carbon removal and storage potential. Carbon credits generated from Aurora's projects are marketed by Anew Climate. Jamie Houston, CEO of Aurora Sustainable Lands said: "Our nature-based approach with a carbon stewardship goal offers real climate benefits, while also safeguarding species diversity, habitat, water quality, and ecosystem integrity." Founded in 2001 and majority-owned by alternative asset manager TPG's impact investing platform TPG Rise, Texas-based Anew provides climate solutions aimed at helping companies reduce their carbon footprints and restore the environment, including technological and nature-based solutions, and the marketing of environmental credits across low carbon fuel, carbon, renewable energy and emissions markets. According to the companies, the carbon credits will be generated from the Little Bear Forestry Project, located along the Appalachian Mountains in West Virginia and Virginia and owned and managed by Aurora Sustainable Lands. The agreement will also utilize Anew's Epoch Evaluation Platform, which applies dynamic baselines across IFM portfolio using high-resolution remote sensing, satellite-based carbon tracking, machine learning and ground observations to enhance verified climate impact. Joshua Strauss, President of Environmental Products at Anew Climate said: "Leading buyers are increasingly prioritizing CCP-aligned methodologies and dynamic baselines that stand up to the highest scrutiny. Anew and Aurora are thrilled to be at the vanguard of this market and able to provide JPMorganChase, and other discerning buyers, with these premium quality credits." The transaction marks the second carbon removal agreement announced this month by JPMorganChase, including a 60,000-ton deal with cleantech startup Graphyte. The bank is one of the largest buyers of carbon removal credits in the banking sector and aims to match every ton of unabated Scope 1 direct operational GHG emissions with durable carbon removal by 2030. Taylor Wright, Head of Operational Sustainability at JPMorganChase said: "We were excited to add credits from the Little Bear Forestry Project to our carbon removal portfolio. The dynamic baselining provides meaningful evidence that these credits meet a high threshold for quality, supporting our interests as both a buyer and as a steward of market integrity."

Avenir and Anew Climate execute first joint Bio-LNG bunkering in Europe. by Ship & Bunker News Team Monday March 30, 2026 LNG bunker vessel Avenir Ascension. Image Credit: Anew Climate LNG bunker supplier Avenir LNG and US-based Anew Climate have completed their first joint bio-LNG bunkering operation in Europe. The fuel was supplied at the Port of Klaipeda and delivered via the LNG bunker vessel Avenir Ascension to Sweden for use on vessels operated by ferry firm Destination Gotland, Anew Climate said in an email statement on Monday. The deal marks Anew's first bio-LNG bunkering operation in Europe, following earlier activity in North America. The fuel, sourced from Anew's biomethane portfolio, meets FuelEU Maritime and RED III requirements and can be used as a drop-in fuel in existing LNG-fuelled ships and infrastructure. "Greening shipping is not a future ambition - it is happening today," John Cosmo Dwelle, Managing Director of Anew Climate Europe. "This transaction with Anew strengthens our ability to deliver reliable, traceable Bio-LNG solutions, directly supporting our customers as they reduce emissions and progress on their decarbonisation pathways," Jonathan Quinn, Managing Director at Avenir, said. Destination Gotland said it plans to increase bio-LNG use in 2026 to support compliance with EU greenhouse gas rules. Ship & Bunker News Team To contact the editor responsible for this story email Ship & Bunker at [email protected]