- Sustainable aviation fuel (SAF) developer Gevo has agreed to purchase $637,500 worth of CO2 removal certificates (CORCs) from South 8 Energy as part of a broader transaction tied to its acquisition of a North Dakota ethanol plant and carbon capture infrastructure.
U go, Uganda - The government of Uganda on Thursday hosted an official launch event for the National Climate Change (Climate Change Mechanisms) Regulations of 2025, as per posts by the Ministry of Water and Environment on X. Minister Aisha Sekindi emphasised on the occasion that proceeds from selling carbon credits could be channelled to support national development priorities including investments in renewable energy, agriculture, forestry, waste management, transport, and local community initiatives. Uganda in January adopted its flagship carbon market regulations. These lay out the stages of no-objection, benefit-sharing plan formulation, approval, monitoring and reporting, verification, credit issuance, and credit transfer. It also mandates the creation of a national carbon registry, and stipulates that verifiers operating in Uganda must be accredited under one of the listed international standards.
- Th 23:09The African Development Bank (AfDB) will launch a carbon market support facility next year, an official told Carbon Pulse, in an effort to unlock billions of dollars of climate finance for the African continent.
- Despite Iraq’s surge of cross-ministerial support for carbon markets, international players are keeping their distance, according to the head of a global carbon market investment and project development platform working closely with the government.
- Th 18:13One of the biggest risks that project developers face is the ambiguity around corresponding adjustments by host nations under Article 6 of the Paris Agreement, a developer told a conference Thursday.
- Boasting the voluntary carbon market’s first warranty and indemnity insurance policy, the developer of a forestry project in Ghana is now fielding interest from six major corporates that are new to the market and offering a premium of at least 300% in added value, according to the developer's CEO.
- Th 18:04Peru's national carbon registry (RENAMI) is on the cusp of registering its first voluntary carbon market (VCM) project and first Article 6 project under a bilateral agreement, Carbon Pulse heard from a senior official on the sidelines of the Peru Carbon Forum in Lima on Wednesday.
- Th 17:09Green H2 bankability - Lessons from the solar PV industry can offer insights to improve the bankability of green hydrogen projects, according to a new paper on the subject by Hydrogen Europe. The report proposes developing a standardised 'Bankability Management System' to streamline risk assessment and financing for hydrogen projects. This would include a 'Bankability Stakeholder Dialogue', a collaborative platform for financial institutions, policymakers, and developers to define investment criteria, and a 'Bankability Seal', a standardised certification ensuring projects meet financial institution requirements. Such a structure would help deliver widespread bankability in green hydrogen, the paper argues.
- Th 17:03The South Korean government on Thursday signed arrangements with the UNFCCC and the Global Green Growth Institute (GGGI) to work on developing a model framework, project methodologies, and other elements for a high-integrity global voluntary carbon market aligned with the Paris Agreement’s Article 6.
- Th 15:30Project selection - South Korea has selected six international emissions reduction projects eligible for financial support under Article 6 of the Paris Agreement, according to a government notice. The list includes a biomass power plant in Cambodia, two solid waste and landfill gas projects in Vietnam, a bio-diesel initiative in Malaysia, a mobile solar-battery system in Uzbekistan, and a thermal energy supply project using biomass fuel in Vietnam.
- Th 15:29Green MoUs – The government of the Indian state of Arunachal Pradesh has signed agreements worth INR 63.57 bln ($765.9 mln) with 16 companies at the Rising Northeast Investors Summit in Delhi, aiming to attract investments across multiple sectors. Deals include an INR 23.24 bln project to convert agricultural waste into biofuels and an INR 17.6 bln afforestation and carbon credit initiative. (The Times of India)
- Th 15:19Shared experience - Ghana's delegation shared the country's progress on implementing Article 6 during the recent 4th Biennial Commonwealth Sustainable Energy Transition (CSET) Forum, which called for increased South-South cooperation to drive just and sustainable energy transitions across the Commonwealth. Ghana is currently running 12 carbon projects, with 8 mln tonnes of carbon credits, to sell on the international market, with existing international buyers including Switzerland, Sweden, and Singapore. The Ghana delegation proposed South-South cooperation within the Commonwealth to advance progress on carbon markets, which was accepted by the Commonwealth Secretariat. Country representatives from more than 30 Commonwealth countries met over the 4-day forum, to discuss a range of subjects from energy transition to AI.
- Th 15:06A South Korean electronics multinational announced Monday it has signed a Memorandum of Understanding with a university-affiliated marine research centre to explore the potential of a mineral-releasing material aimed at boosting marine carbon sinks.
- Th 15:00Verra has backtracked from a blanket suspension of reviewing projects from four verification and validation bodies (VVBs) that were involved in auditing the 37 rice cultivation projects in China that the standard body rejected in 2024.
- Th 14:56Voluntary carbon credit trade crashed lower in 2024, wiping 29% off market value year-on-year, as project developers grappled with the "bumpy ride" to integrity, according to a report published Thursday.
- Th 14:10The question of 'fairness' is increasingly becoming a benchmark for the level of trust and integrity tied to a carbon project in Africa, and ultimately the price it can charge for credits — but major gaps remain to be addressed, speakers told a conference on Thursday.
- Th 11:00A pioneering study of airborne microplastics from analysing glacier snow aims to understand more about their climate-related impacts, with potential implications for regulating the plastics industry.
- Th 10:57A carbon market governance body and non-profit are joining forces to support financial regulations boost carbon finance in Kenya, focusing in particular on clean cooking projects, they announced Thursday.
- Th 10:49Accounting standards grow - The Partnership for Carbon Accounting Financials (PCAF) has surpassed 600 signatories globally, it announced on Thursday. The industry-led initiative provides support to finance firms with the aim of improving transparency on GHGs linked to financial activities including access to an extensive emissions factor database, technical assistance, and education. PCAF's Accredited Partner programme for consultancies, data, and software providers also continues to grow, and the partnership is reviewing recent feedback on proposed methodologies to add to its Global GHG Accounting and Reporting Standard, which it expects to incorporate by the end of the year.
- Flare gas reduction - Engineering consultancy Wood has been awarded a series of decarbonisation contracts worth $100 mln for flare gas reduction and carbon efficiency project solutions across large oil fields in Iraq, stated a press release. The company will deliver brownfield engineering, procurement, and construction (EPC) and modifications solutions to enhance operational efficiency and minimise environmental impacts, to drive Iraq’s pledge to reduce gas flaring 78% by the end of 2025.
- Th 10:16A project developer in Malaysia has admitted that Indigenous communities within the company’s 39,000-hectare REDD+ project in Sarawak still do not understand the initiative, despite over two years of outreach efforts.
- Th 09:47The Malaysian state of Sarawak launched its Sustainability Blueprint 2030 on Thursday, outlining a green economy agenda centred on decarbonisation and carbon market development, while working on a dedicated carbon plan.
- London-based asset manager Gresham House has secured £375 million at the final close of its latest forestry fund, marking its largest fundraise to date for a single vehicle.
- A UK construction firm has partnered with a biochar producer to trial the on-site conversion of roadside vegetation into carbon-storing material as part of a National Highways scheme, the firm announced Wednesday.
- Th 06:38Malaysia is considering allowing companies to offset up to 5% of their emissions under a planned carbon tax set to take shape by 2026, a senior government official said Thursday, as part of broader efforts to stimulate demand in the domestic carbon market.
- Th 01:23The Science Based Targets initiative (SBTi) must revise its updated Corporate Net Zero Standard (v2.0, CNZSv2) to allow more flexible use of high-quality carbon credits - including avoidance and reduction credits - to unlock greater private sector investment in climate action, Rubicon Carbon warns, adding that the current rigid framework risks deterring corporate engagement and delaying urgently needed emissions reductions.
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