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- Sat 17:28A UK-based climate fintech firm has launched a request for proposals to finance carbon credit projects with institutional debt, marking a fresh bid to unlock non-dilutive capital for developers seeking at least $1 million.
- Sat 13:15Carbon pricing policies, including both taxes and fossil fuel subsidies, significantly influence countries’ export competitiveness in heavy industries, with coordinated global action key to mitigating trade distortions, a new study has found.
- Fri 21:31A US-based carbon removal (CDR) buyers' coalition focused on nature-based solutions has received an unexpectedly high volume and quality of responses to its inaugural request for proposals (RFP), according to early insights from the process published Friday.
- Fri 20:30A Dutch researcher has estimated the electricity consumption of AI modules and complete AI systems based on global chip production capacity and modules in use.
- Fri 18:15A Jakarta-based research institution released a policy brief this week that calls for taxing individuals and companies if they destroy Indonesia’s biodiversity.
- Fri 17:33A commodities trader has raised its pre-financing support for a large mangroves carbon project, it announced Friday.
- Fri 17:11In a third letter to global climate negotiators, published Friday, Brazilian COP30 President-Designate Andre Correa do Lago urged countries to shift gears when they meet in Bonn next month, warning against postponing important decisions.
- Elimini President Laurie Fitzmaurice gave the keynote speech at this week's Carbon Unbound 2025 conference in New York. Here is a summary of her remarks.
- Fri 15:40Ghana and Singapore have signalled early support for a proposed Article 6.2 soil carbon project in Ghana’s Upper West Region targeting 3.6 million tonnes of CO2 by 2030, the project developer announced this week.
- Fri 15:15Short-term sea-level changes driven by climatic oscillations such as El Nino and the Indian Ocean Dipole (IOD) can trigger widespread mangrove dieback and reverse their role as carbon sinks, a study released Friday has found.
- Fri 14:37CORSIA compliant - The European Commission has adopted its annual updated list of countries other than the EU and EEA countries, Switzerland, and the UK, that are considering applying the UN's CORSIA. China is not on the list, as it has not been for the past few years, while the US remains, for now. The aviation industry is currently in CORSIA's first phase (2024-26), with the 'mandatory' phase starting in 2027, lasting until 2035, for member countries. In the first phase, participation is voluntary for these member states.
- Singapore and Paraguay on Friday signed a final implementation agreement on carbon credits under Article 6 of the Paris Agreement, the seventh of its kind sealed by the Southeast Asian country.
- Fri 13:59A large non-profit will start work on a €32.7-million German-backed project that could help the Philippines meet its global climate and nature targets, it announced this week.
- Fri 13:11UK standard body Social Carbon has launched an insetting framework for supply chains in forestry, land use, and agriculture (FLAG).
- Fri 12:18
Hacked n' snacked - UST held its annual Zero-Waste Hackathon 2025 on Thursday in London, challenging students and young professionals to devise tech-driven solutions to tackle food waste. Drawing 88 entries from across the globe, the event featured 10 finalist teams from India, Spain, the US, and the UK, with five attending in person and five competing virtually. Participants focused on reducing buffet and hospitality sector food waste using AI-based tools. UK team Zero Forks won with a gamified app promoting household food waste reduction through behavioural science, while India’s Cul Intel impressed judges with an AI platform optimising menu design, portioning, and food redistribution. The top teams shared a £1,500 prize pool. Judges from AWS, Compass Group, Levy, and 40 Percent praised the innovation and commitment to sustainability.
- Fri 11:22Some depleted oil and gas reservoirs in onshore Queensland could be repurposed as compressed air energy storage (CAES) and offer a decarbonisation solution, according to researchers.
- Fri 11:10Permit prices in China’s national emissions market this week again fell below the RMB 70 ($9.72) mark amid mounting selling pressure, remaining at 16-month lows, while the country's offset market still saw credits traded above RMB 80.
- Fri 10:54UN officials tasked with helping to shape the Paris Agreement Crediting Mechanism (PACM) will review and discuss a new clean cooking crediting programme at the next methodological expert meeting in July.
- Fri 09:49The head of Australia’s carbon market industry body will resign on July 4, the organisation announced Friday.
- Fri 09:32An Australian direct air capture (DAC) startup has signed an agreement to deploy solar-powered DAC modules in Kenya, as interest grows in using the Great Rift Valley’s geology and renewables for CO2 removal projects.
- Fri 09:18Accredited asphalt - Australian firm C-Twelve has signed a 10-year agreement with Verde Resources to exclusively partner on low-carbon asphalt commercialisation in the US after signing a late-2024 term sheet. The pair conducted two trials in Alabama in December and April, confirming their asphalt can be created without burning 95% of the fossil fuels typically used, they said, cutting emissions steeply. They plan to generate carbon removal credits also. Last month the pair generated biochar-based removal credits from their asphalt which were certified by Puro.earth and purchased by an unnamed financial institution.
- Fri 08:47A prominent New Zealand legal group has questioned the government’s seriousness about meeting its 2030 international climate targets, given its latest budget provides no funding to purchasing overseas carbon credits.Â
- Fri 08:07Fridgeonomics  - Thai food processing company Better Foods has partnered with Japanese trading firm Kanematsu Corp to install energy-efficient refrigeration systems at a distribution centre in Lopburi province. Under the JCM, the project employs CO2 and ammonia-based indirect cooling to reduce emissions. The project is expected to reduce emissions by 4,559 tCO2e over a decade. The Japanese government is also seeking JCM project proposals that can provide benefits beyond emissions reductions.
- Fri 07:50Australian Carbon Credit Unit (ACCUs) issuances rose in April, largely generated by landfill gas projects, as market prices slowly pick up despite a lull in activity.
- Fri 07:32More oil - China’s first offshore carbon capture, utilisation and storage (CCUS) project has begun operations at the Enping 15-1 oil platform in the Pearl River Mouth Basin, state-owned CNOOC said. The platform captures CO2 during oil extraction, injecting it into undersea reservoirs at 8 tonnes per hour, boosting crude output. The site, Asia’s largest offshore oil platform, is expected to inject over 1 mln tonnes of CO2 and increase oil output by 200,000 tonnes over the next decade. Fossil fuel companies have been using CO2 injection to extract yet even more oil.
- Fri 07:31Land management - Hong Kong-listed China Carbon Neutral Development Group has signed a strategic cooperation framework agreement with a subsidiary of the Agricultural Genomics Institute at Shenzhen to promote saline-alkali land management activities, it announced Friday. They plan to implement phased projects this year, targeting one mln mu (164,736 acres) of such lands. In the mid to long term, the alliance aims to expand the scope of saline-alkali land utilisation and carbon sink restoration projects to 200 mln mu domestically and internationally.
- Fri 05:56Won’t leak - Malaysia will enforce strict environmental and legal safeguards in a planned deal to store Japan’s liquefied CO2 in offshore depleted gas fields from 2030, the government said, according to local media. A memorandum of understanding with Japan is expected later this year, involving Mitsui, Kansai Electric Power, and Petronas, as per a Nikkei Asia report from April. Up to 10 mln tonnes of CO2 could be stored annually under the project. Malaysia’s environment ministry said the storage will be subject to rigorous impact assessments, real-time monitoring, and a dedicated legal framework. Officials added Malaysia’s emissions targets under the Paris Agreement would remain unaffected unless leakage occurs.
