- Mon 19:17Climate negotiations have yet to formally begin in Bonn, after talks on the first day were held up by an agenda fight that hinged on unilateral border carbon fees, observers told Carbon Pulse on Monday evening.
- Mon 18:27Investment in UN-backed carbon markets is held up by current national climate targets, which often only go to 2030 and lack the detail needed to mobilise private sector participation, according to experts speaking at the international Bonn climate summit.
- Mon 17:41Sparse NDCs - Just seven of the 22 new NDCs submitted thus far say the countries have implemented, or plan to implement, carbon pricing systems and cap-and-trade policies to incentivise the phaseout of fossil fuels and help reach targets, according to research by E3G. Updated NDCs are due to the UNFCCC by September, covering 2025-35. The UK, Switzerland, Canada, Japan, Singapore, and New Zealand have set up pricing systems or taxes, while Moldova says it will develop a scheme as part of its integration into the EU. Ten countries reaffirmed their commitments or referred to the need to phase down coal power or transition away from fossil fuels, but most did not give explicit commitments. Three countries - Canada, the Marshall Islands, and Singapore - either said they do not have fossil fuel subsidies, or clearly committed to phasing them out.
- Mon 17:28A plastic recovery organisation has teamed up with a Europe-based circular economy verifier and carbon blockchain specialist to issue carbon credits from 100,000 tonnes of recovered plastic.
- Mon 16:04Action against bottom trawling made some gains at the UN Ocean Conference (UNOC) last week, with the issue attracting attention despite a lack of leadership on the issue from host France.
- Mon 15:28A carbon removal registry has issued the first independently verified ocean alkalinity enhancement (OAE) credits, it said Monday.
- Mon 13:59A Perth-headquartered carbon project developer on Monday announced the launch of a nature credit scheme tailored to the protection of endangered species in the wheatbelt regions of Western Australia.
- Mon 12:55An African and an Asian nation each anticipate key milestones by year-end regarding national carbon market regulations, ultimately supporting their on-ramp to participation under the Paris Agreement’s Article 6, country officials told Carbon Pulse on Monday.
- Mon 12:44An Indian company that uses microbes to capture CO2 is positioning itself for expansion in the carbon capture market, aiming to scale its daily capacity to 200 tonnes within two years as the country prepares to launch a compliance scheme targeting emissions reductions in heavy industries.
- Mon 12:28Governments should ramp up efforts to strengthen coordination between climate and biodiversity plans, as failing to do so risks undermining the achievement of national environmental targets, a report has said.
- Mon 12:18The Science Based Targets initiative (SBTi) is encouraging businesses to take part in a pilot programme to trial the proposed draft revisions to its Corporate Net-Zero Standard, the standard setter announced Monday.
- Mon 11:57COP and coal - Australian foreign policy think tank the Lowy Institute released its annual poll Monday which found that Australians still support an ETS and carbon tax with 56% in favour. This, however, represents a drop of 8 points over 2022. Over three-quarters of respondents support renewable energy development but not insignificant numbers also see a place for gas and coal in 2050 in the nation’s power mix. Support for renewable energy tech subsidies dropped to 82% this year from 91% in 2021, and fell every year in between. Meanwhile, 70% of Australians would like to see an Australia-Pacific COP next year, but 65% also want to see more gas used now to generate electricity. Fewer Australians want to ban new coal mines now, at 54% compared to prior years, when over 60% of respondents were in favour of a ban.
- Mon 11:01Regional efforts - Japanese oil major Eneos has signed a collaboration agreement with the government of Hokkaido's Okushiri town to promote the development of blue carbon in the region, it announced Monday. Under the partnership, Eneos will conduct research and demonstration tests on blue carbon, and the local government will be responsible for engaging fishermen and other stakeholders. The oil company said it has been working to obtain J-Blue Credits from its seaweed bed restoration project. Meanwhile, sustainability solution provider Asuene has teamed up with Shikoku Bank to support small- and medium-sized companies in the Shikoku region. The alliance said they will help corporate clients visualise, calculate, and reduce their CO2 emissions.
- Mon 10:47Blue Carbon Collective - Malaysian oil major Petronas and Mercedes-AMG Petronas F1 Team have announced a partnership to launch the Blue Carbon Collective, to advance research and knowledge exchange on carbon capture and storage in mangrove ecosystems. The five-year collaboration aims to build on the existing cooperation between the University of Sao Paulo and Universiti Putra Malaysia to apply established methodologies from Brazil, including carbon stock assessment and monitoring of soil quality and ecosystem health in the Sungai Santi Forest Reserve in Johor, Malaysia. The collective also supports Petronas’ One Million Trees Programme, an initiative to plant 100,000 mangrove seedlings in the same forest reserve to rehabilitate degraded areas. To date, 20,000 mangrove seedlings have been planted by the local communities, the oil company said.
- Mon 10:43China's thermal power generation rose in May, the first time in 2025 that happens, while energy produced from renewable sources grew at a slower pace, according to government data published Monday.
- Mon 09:41Bonn chance - The UN's dwindling budget, the global roadmap to $1.3 trillion per year of climate finance, the international work programme for mitigating climate, and the Global Goal on Adaptation are at the top of the agenda for climate negotiators meeting in Bonn over the next 10 days, UNFCCC Executive Secretary Simon Stiell said on Monday morning, opening the intersessional, SB 62. The UNFCCC has found "significant cost savings and efficiencies" in its budget to deliver on its growing mandates, but it's not a sustainable approach, Stiell said, urging countries to address them during the Bonn negotiations. The meeting should also deep-dive into the Baku to Belem Roadmap to $1.3 Trillion, making it a how-to-guide with clear next steps, he said.
- Mon 09:33The Queensland state government in Australia has released a methodology for calculating co-benefits from carbon farming projects for use under its Land Restoration Fund (LRF).
- Mon 09:00Have fun - A karaoke contest that aims to capture the CO2 emitted from breathing out while singing was held during Expo 2025 in Osaka over the weekend, according to the event sponsor Xing Inc. The project builds upon the application of metal organic frameworks (MOFs), a material with an exceptionally high surface area and various functions such as gas adsorption and separation. A wristband with the CO2 capture device was provided for karaoke participants to collect CO2, and the captured CO2 was then dissolved in a foot bath, the company said.
- Mon 08:45Some 32 billion tonnes of CO2e would be kept in the ground if just four countries abandon their oil and gas expansion plans for the next decade, according to an analysis published Monday.
- Mon 05:18We can help - A carbon map system supported by South Korea's land ministry, which visualises data on emissions from buildings and transport infrastructure, will be used in the Asian Development Bank's (ADB) urban planning pilot project in Uzbekistan, Yonhap reported. Sundosoft, the developer of the geographic information system, is set to sign a contract with ADB, the report said. This marks the first case of South Korea's emissions mapping and carbon-neutral urban planning technologies being exported through an international organisation, according to the land ministry.
- Mon 05:17Shaking the tin - Australian junior clean-tech firm Hazer has raised A$8 mln ($5.17 mln) from sophisticated and institutional investors, including A$1 mln from its own board and directors as well as from the investment vehicle of one of the directors and has launched a A$2 mln share purchase plan to its retail arm. The Perth-headquartered hydrogen startup has been working for several years to develop its patented methane-splitting method that uses waste gas and sequesters the resulting carbon in synthetic graphite. It has previously signed MoUs with large industrial groups like South Korea’s Posco.
- Mon 03:42Ad-Tos? - Abu Dhabi’s national oil company ADNOC has made a A$30 bln ($19.45 bln) takeover bid for Australia’s second-largest oil and gas company Santos, offering a 28% premium to the current share price that works out at A$8.80 per share. The Australian company advised the local bourse Monday morning it planned to recommend the offer. ADNOC has promised to retain the Adelaide head office and keep the company and its Australia-heavy assets largely as-is to avoid questions from the Foreign Investment Review Board (FIRB). If successful, ADNOC will take a large LNG portfolio but also some serious decommissioning liabilities and a series of carbon capture and storage (CCS) projects at different stages of development, as well as Santos’ carbon farming ventures, which include projects in PNG.
- Mon 01:15Some marine CO2 removal (mCDR) methods could significantly exacerbate oxygen loss in the world’s oceans, a new study has warned.
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