Climate cuts - A US House appropriations proposal released Monday by Republicans would all but zero out funding to implement the Montreal Protocol, the major international treaty protecting the ozone layer, reported E&E News. The US is not expected to withdraw from the agreement, but the country has provided significant funding in recent decades to help enforce the standards in developing countries, according to the outlet.

CDP trustees - The environmental disclosure non-profit CDP has appointed two new members to its Worldwide Board of Trustees, saying they will help to strengthen its efforts to scale up in Asia Pacific in particular – where disclosures are growing at record pace. Marc Berryman, named chair of finance on the audit and risk committee, has been focused on risk management and regulatory oversight, in over 20 years of experience in financial services. He currently works as investment operations director at UK wealth manager St. James's Place, and was previously CEO and COO of Credit Suisse Asset Management UK. Hideo Tomita, appointed Japan representative, is the vice chair for Japan at the London Stock Exchange Group (LSEG), and previously worked at Refinitiv Japan KK.

Voluntary carbon credit prices drifted sideways and retirements slid lower amid the summer holidays, while new Carbon Pulse analysis revealed the impact of up-and-coming registries in driving the sector towards retirement growth.

The UK government intends to help countries integrate nature-based solutions (NbS) into their updated climate commitments under the Paris Agreement, as part of an effort to ensure that national environmental policies tackle biodiversity and climate issues simultaneously, the government said in a paper published on Monday. 

DAC's not the answer - Climate scientist James Kerry cautions against overestimating the potential of carbon removal technologies, and stresses that phasing out fossil fuels as fast as possible should be the real focus in tackling climate change, in an op-ed piece for swissinfo.ch. He claims direct air capture (DAC) is "neither a serious nor scalable climate solution" and calls out the advance sale of carbon credits as creating false hope while allowing companies to continue increasing their emissions. Decarbonisation should be the focus - achieved through both carrot and stick approaches - combined with a carbon price that factors in the true social and planetary cost of CO2, he wrote.

Democratic lawmakers in the US Congress have reintroduced two bills intended to address shipping industry GHG emissions via the imposition of carbon pricing obligations.

The G20's financial stability watchdog released a new strategy for approaching climate risks on Monday, but has paused further policy work amid the US retreat on climate action and at the request from some of its members.

The Civil Aviation Authority of Singapore (CAAS) has set up a regional hub to accelerate the decarbonisation of aviation across the Asia Pacific, focusing on green finance and the development of a carbon market in the region.

Brazil is working to boost the number of domestic and international flights landing in the Amazonian city of Belem this year, to accommodate the tens of thousands expected to descend for November's COP30 climate change summit, the organisers announced on Monday.

Gold Standard has opened a consultation on its new criteria for setting activity baselines that are aligned with the Paris Agreement Crediting Mechanism (PACM), as the organisation aims to align its voluntary carbon market instruments with the provisions of the Article 6.4 system.