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ANALYSIS: CDM projects face uncertain future after transition failure, seek new homes
Hundreds of carbon projects left outside the Paris Agreement’s new crediting mechanism face an uncertain future, with developers weighing a patchwork of options ranging from voluntary markets and domestic compliance schemes to simply shutting down ageing programmes. Read MoreTop
New German heating law protecting fossil infrastructure clears final hurdles
A new Building Modernisation Act that drops a 65% renewable energy obligation and a ban on installing oil and gas boilers in favour of promoting clean fuels has passed the German parliament and senate. Read MoreTop
Mauritania to set up national carbon registry, framework -media
Mauritania’s environment minister this week presented a strategic framework to facilitate access to international carbon finance and support mitigation activities, local media has reported. Read MoreTop
Commission adopts first EU carbon farming certification rules
The European Commission on Thursday adopted its first certification methodologies for carbon farming under the EU’s Carbon Removal and Carbon Farming (CRCF) Regulation, updating draft rules that were released for public consultation in January. Read MoreTop
Germany passes law to pave way to 9 GW of new gas plants in 2026
The German parliament and senate have both signed off on a new energy security law that opens to door to auctions for 9 GW of new gas plants later this year. Read MoreTop
CEE Roundup: Region seeks more ETS cash and flexibility on carbon costs
Central and Eastern European (CEE) governments are seeking more EU ETS revenues while pushing for greater control over carbon costs ahead of a July 17 review of the system. Read MoreTop
Around 130 nations appoint Article 6 authorities, as June flurry pushes CDM transition projects with govt approval beyond 400
According to an update from the UNEP Copenhagen Climate Centre, a total 65%, or 129 of 198 countries, have now taken steps towards Paris Agreement Crediting Mechanism (PACM) participation by appointing their Designated National Authorities (DNAs). Read MoreTop
Parliament groups stake out positions on EU ETS ahead of major overhaul
Lawmakers from three major political groups in the European Parliament have written separate letters to the EU executive in recent days, backing a “strong and stable” EU Emissions Trading System (ETS) as Brussels prepares to unveil a major overhaul of the bloc’s carbon market on July 17. Read MoreTop
Kenya plans East African carbon exchange by 2027
Kenya is working to launch a carbon credit exchange serving the domestic and wider East African market within the next 12 months, media reported Friday. Read MoreTop
Euro Markets: Midday Update
European carbon allowance prices moved in a narrow range on Friday morning, ending the session little-changed as traders chose to sit on their hands with just one week until the European Commission unveils its proposed ETS reform package, while energy markets drifted as the United States and Iran continued their dialogue despite a flare-up in military action during the week. Read MoreTop
BRIEFING: National CO2 taxes could offer new lease of life for phased-out CDM credits
Countries that allow carbon-taxed entities to offset their liabilities with UN Clean Development Mechanism (CDM) credits could absorb some of these phased-out units, even repurposing them to address Paris climate targets or for use against the EU’s Carbon Border Adjustment Mechanism (CBAM). Read MoreTop
South Korea's steel sector risks CBAM exposure under weak green standard -report
South Korea, the world’s third‑largest steel exporter, faces several bottlenecks in its industrial transition, with a new report warning that its weak green steel standards could leave the sector exposed to risks from global trade rules such as the EU’s Carbon Border Adjustment Mechanism (CBAM). Read MoreTop
INTERVIEW: European fund eyes extra carbon cash from Congo timber, agri projects
A European impact fund is positioning itself to be a first big developer of forestry and carbon projects in one of Africa’s lesser known host countries, the Republic of Congo – and is helping the government build its market infrastructure along the way. Read MoreTop
Oil and gas companies detail methodology ahead of 2025 emissions results
A group of 12 oil and gas majors has Tuesday published the methodology it will use to report members’ aggregated performance against their collective 2025 carbon and methane intensity ambitions, with the results due in October. Read MoreTop
