- Nine Brazilian states covering the country’s Legal Amazon area could collectively raise $10.5 billion or more from 2023-30 in REDD+ credits, according to a study published Tuesday by a California-based think tank.
- Thu 00:01Countries, companies, and other organisations need to be careful how they use and account for emissions reductions traded under Article 6 of the Paris Agreement, the University of Oxford said in a report setting out three principles for ensuring that the new international market does not become an avenue for greenwashing national and corporate climate action.
- Thu 00:01Carbon capture and storage (CCS) is at a turning point after a rush of investment, but the gap between ambition and reality for 2050 remains a chasm, according to DNV’s new Energy Transition Outlook CCS to 2050 report.
- Credits incoming, hopefully - The Brazilian municipality of Santos signed a memorandum of intent with Banco do Brasil on Tuesday for the future provision of technical advice on carbon credits and improved governance aligned with the UN’s SDGs. Santos said that such partnerships could allow the city to sell carbon credits in the future, earning revenue through sustainable projects. Other benefits include increased access to finance, potential investment attraction, and improved qualifications for city staff amid a growing green market.
- Qatar’s business and financial centre will in late 2025 launch a pilot tokenised carbon market, according to several regional media outlets.
- Road rage - US President Donald Trump is set to revoke California’s vehicle emissions standards Thursday, according to an E&E News report. The outlet reported Trump would sign a trio of resolutions to thwart the state’s authority to set stricter electrification rules for passenger vehicles and heavy-duty diesel engines. California is expected to sue.
- Although the European Commission recognises biochar as a permanent carbon removal (CDR) technology, not all uses will qualify under the EU’s Carbon Removal and Carbon Farming (CRCF) certification framework, an official told Carbon Pulse.
- Colombia’s Ministry of Mines and Energy has released a roadmap for the development of biofuels, outlining a national strategy meant to shape domestic energy policy.
- Wed 16:21A climate finance government consultancy is looking for a partner to develop a clean cooking project in Burundi in what could be the "world's largest ever carbon finance project", it announced on Wednesday.
- Wed 15:03Analysts have identified a glaring data gap between corporate climate pledges and their lobbying, which may lead to poorly informed decisions from investors and a slow down on climate progress.
- Wed 14:57Small- and medium-sized companies in the portfolio of an Italian bank will be supported in measuring their carbon emissions, developing a CO2 emissions reduction pathway, and funding climate mitigation projects through an initiative with a climate consultancy.
- A London-based measuring, reporting, and verification (MRV) firm said Tuesday it has launched a dynamic performance benchmark (DPB) assessment to help nature-based (NbS) project developers better evaluate the additionality of their forest carbon projects.
- The Brazilian ETS will allow the use of carbon credits to cover between 5-20% of emissions by regulated entities, a Brazilian Ministry of Finance official confirmed on Wednesday, with the exact share to be determined by the end of 2026.
- Wed 13:34Standardising dMRV - The Carbon Markets Infrastructure Working Group (CMI WG), convened by the World Bank in collaboration with SustainCERT, has developed five technical guidance notes for a safe, interoperable, and efficient carbon markets infrastructure. These notes offer guidance on ecosystem governance, transaction integrity, information security, data and systems interoperability, and standardising digital MRV. See the full collection here.
- Wed 13:32A Madrid-based startup is offering the transport industry verified Environmental Attribute Certificates (EACs) to help decarbonise Scope 3 emissions because traditional carbon offsets are “increasingly inefficient”.
- Coming soon - Namibia’s Ministry of Environment, Forestry, and Tourism is planning to submit the draft carbon market and trading policy to the cabinet, following months of public consultation, local media outlet the Brief reported. The policy will entail the country’s strategy for carbon trading under the Paris rules and establish regulatory framework for standards, MRV, and international trading, the outlet added. Namibia's compliance carbon market will come in addition to the VCM projects already set up, ranging from biofuels to agriculture to renewable energy, an official told Carbon Pulse during COP29 in Baku. Meanwhile, the country is also making progress in finalising a national policy on mining in protected areas as well as a Forest Amendment Act, the media outlet said.
- Wed 13:00Influential sports organisations including the Football Association (FA) in England and Cricket Australia are supporting a unified approach to calculate greenhouse gas emissions across sport, with the launch of a new methodology and calculator allowing the industry to more consistently measure its carbon footprint and report climate action.
- Wed 12:52South Africa plans to allow Article 6 credits issued under the new Paris Agreement Crediting Mechanism (PACM) for use under its CO2 levy, a government official said Wednesday.
- A coalition of public and private organisations published a proposal on Wednesday to scale up the UK’s nature credit market, warning that businesses are unlikely to participate without government regulation.
- Wed 10:00The global land area available for forest restoration has been significantly overestimated so far, as previous assessments overlooked key drawbacks, including potential negative impacts on biodiversity, according to a paper released on Wednesday.
Click on the coloured labels to filter by region/market
