The UNFCCC secretariat is preparing to launch a tender in the coming weeks for registry systems to support the implementation of Articles 6.2 and 6.4 of the Paris Agreement, an official confirmed to Carbon Pulse.

Nature-based solutions (NbS) credits rallied last week to give life to the voluntary carbon market, while retirements were reportedly nearly 40% higher in July than a year earlier.

A New York-based private capital and structured finance firm has secured $61.5 million in commitments for its Carbon Stream Financing Vehicle, aiming to scale Agriculture, Forestry, and Other Land Use (AFOLU) projects across Central Asia and the Congo Basin.

Activity on Indonesia’s national carbon exchange remained at a standstill in July, with only 35 tonnes of CO2e transacted across ten trades, up from just eight tonnes the previous month, with trading expected to remain subdued in the near-term.

A European carbon data provider announced on Monday that its ratings will be integrated into an Asian exchange platform.

A Berlin-headquartered environmental trading platform has unveiled a portfolio of nature-based carbon projects that have the potential to deliver substantial biodiversity outcomes.

Interest sought - Australia’s climate change and energy department on Monday published an invitation for Expressions of Interest (EoI) for possible project developers who could help design and deliver the First Nations Clean Energy Program. This, Canberra says, will be a key part of the Labor government’s First Nations Clean Energy Strategy. The government seeks to boost First Nations people’s leadership and participation in the clean energy sector. It is seeking non-binding EoIs to deliver pilot projects and products and services to help First Nations people access information about clean energy projects, which it calls the Clean Energy Toolkit.

The group of ASEAN nations, led by Malaysia, and South Korea have launched a $20-million methane mitigation programme aimed at reducing methane emissions in the Southeast Asian nations.

A subsidiary of South Korea's state-owned power company KEPCO has teamed up with a climate startup to implement a Paris-aligned emissions reduction project in Cambodia, using an increasingly popular water management technique for rice cultivation.

Australian Carbon Credit Units (ACCUs) closed at A$36.10 ($23.40) Friday which was their highest price since January and represented a rise of A$1.45 over the prior week while they rose again to close at A$36.50 Monday.

Farmers' market - India's eastern state of Odisha has launched a pilot carbon project to reward farmers for adopting regenerative practices, local media outlet Krishi Jagran reported. The state government partnered with Hyderabad-based International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) to pilot the project in three districts, aiming to promote techniques like alternate wetting and drying in paddy cultivation with GHG measurement and digital MRV systems. It follows several farmer-centric carbon credit generation pilots being implemented in various Indian states recently.

Singapore’s Economic Development Board (EDB) has issued a tender for consultancy services to develop a verification and accreditation (V&A) framework for carbon tax allowances, with a targeted focus on refinery and petrochemical cracker facilities.

Australia’s Productivity Commission (PC) has released its interim report on achieving net zero, recommending the Safeguard Mechanism be expanded by lowering the participation threshold while not putting a cap on the number of Australian Carbon Credit Units (ACCUs) that can be used to meet requirements.

Waste credits - The Nagpur Municipal Corporation (NMC) in the Indian state of Maharashtra is planning to set up a scientific sanitary landfill for inert waste, aiming to improve solid waste management and reduce environmental risks, the Times of India reported. Nagpur generates about 1,200-1,300 tonnes of solid waste on a daily basis, out of which only 200 tonnes is processed per day by a small mobile unit by Netherlands-based SusBDe, leaving a wide treatment gap. A full-scale plant is expected to be completed by November, which will ramp up the capacity to 450 tonnes per day. Under the agreement, SusBDe is expected to produce up to 27 tonnes of compressed biogas annually and share the proceeds of carbon credits with NMC.