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SB62: Annex I for Adelaide? Turkiye's "bargaining chip" in battle to host COP31
Turkiye has indicated a willingness to drop its competing bid for the 2026 UN climate summit and let Australia and Pacific island nations host COP31 in Adelaide, sources told Carbon Pulse, but what Ankara wants in return may prove too steep a price to pay. Read MoreTop
Colombian president claims carbon credits are violent “scam” amid political fissures
Colombian President Gustavo Petro earlier this month stated that the voluntary carbon market (VCM) is a “scam” perpetuating armed violence and slavery, prompting a rebuke Wednesday from the carbon industry and revealing domestic political fractures in this prominent VCM hub. Read MoreTop
California offset issuance ramps up, invalidation expiry more than doubles
California regulator ARB issued more than 150,000 credits over the last two weeks, after a lull in the previous period, while the invalidation period for nearly 1.7 mln units expired, state data released Wednesday showed. Read MoreTop
European utilities still earning billions in subsidies for gas-fired power capacity -report
A group of 10 European utilities have secured €21.4 billion worth of contracts over the past decade for their gas-fired power plants through government-backed support schemes for back-up power capacity, according to a report published Thursday. Read MoreTop
BRIEFING: Brazil risks falling behind on Article 6, stakeholders warn
Brazil’s current approach leaves it lagging in the race to supply Internationally Transferred Mitigation Outcomes (ITMOs) under Article 6 of the Paris Agreement, stakeholders said at a conference this week. Read MoreTop
Fashion giants fall short on supply chain decarbonisation, carbon removals -report
Most major fashion brands lack credible plans to decarbonise their supply chains or neutralise residual emissions, with only H&M investing in durable carbon removals to support its net zero target, according to a report published Thursday. Read MoreTop
Burying forest waste unlocks a large-scale CDR opportunity to reach net zero in US -study
Academic research established that burying woody debris from forests for 100 years could keep as much as 769 billion tonnes of CO2 from the atmosphere between 2025 and 2100, and the carbon removal (CDR) solution can be further maintained for thousands of years. Read MoreTop
Alberta commits C$55.8 mln to caribou habitat recovery, reforestation
Alberta will invest C$55.8 million ($40.6 mln) over six years to plant five mln trees and restore critical woodland caribou habitat, the provincial government announced Tuesday. Read MoreTop
Chilean high council approves draft NDC, biodiversity offsetting regulation
Chile’s Nationally Determined Contribution (NDC) climate targets on Wednesday secured late-stage approval by a high-level council of ministers, who simultaneously gave the green light to a regulation on biodiversity offsetting. Read MoreTop
LCAW25: Outcome bonds set to launch to preserve intact forests in remote locations
A global non-profit expects to soon launch as many as three outcome bonds linked to maintaining the ecological integrity of remote rainforests far from corporate supply chains, which otherwise fall outside the scope of the voluntary carbon market, an event heard in London on Wednesday. Read MoreTop
SB62: Tensions over finance, unilateral trade measures continue to slow climate talks in Bonn
Countries are clashing over how to advance the commitment made two years ago to transition away from fossil fuels, while frustration among developing countries over the lack of space to discuss unilateral trade measures and climate finance continue to fuel tension as the mid-year UN climate talks near the finish line in Bonn. Read MoreTop
SB62: UN rules out corporate carbon neutrality claims for Article 6 'mitigation contribution' credits -sources
The UNFCCC Secretariat has confirmed that Mitigation Contribution Units, a form of carbon credits generated under Article 6.4 of the Paris Agreement, may not be used towards corporate carbon neutralisation claims, according to multiple sources. Read MoreTop
LCAW25: Regulation critical to scaling industry decarbonisation beyond pilot phase
The decarbonisation of hard-to-abate sectors like steel and cement is no longer confined to roadmaps and pilot plants – but regulatory intervention is now essential to unlock scale, experts said at a London event on Wednesday. Read MoreTop
LCAW25: Climate investment flows maturing but must move beyond net zero pledges
Climate capital must flow based on real-economy exposure, jurisdiction-specific analysis, and forward-looking risk data – not just vague net zero pledges – panelists told an event in London on Wednesday. Read MoreTop
