CP Daily Newsletter: Tuesday August 5, 2025

Published 01:22 on August 6, 2025 / Last updated at 01:22 on August 6, 2025 / / Newsletters

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TOP STORY

ANALYSIS: Indian ETS gears up, but faces structural tests ahead

India’s national compliance carbon market under the Carbon Credit Trading Scheme (CCTS) is estimated to become the third largest in the world after China and the EU, but complexity in design, lack of regulatory clarity, and a dearth of accredited verifiers may hamper early implementation and undermine price discovery, according to experts.

*NEW* DAILY NEWS TICKER

CP Daily News Ticker: 5 August 2025

Introducing the CP Daily News Ticker, a running list of all our news updated in real-time throughout the day. This is also the new home of our ‘Bite-sized updates from around the world’, which previously featured at the bottom of our CP Daily newsletter.

EMEA

European Commission to extend EU ETS indirect cost compensation to other sectors

The European Commission is planning on extending aid for indirect EU ETS costs to other sectors, it said in a call for feedback opened this week.

Poland foresees end of coal-fired power by mid-2030s in approved climate plan

Poland’s approved national energy and climate plan sees coal out of the power sector in the mid-2030s and emissions down 54% by the end of this decade.

Bosnia and Herzegovina will aim for ETS by end of 2025, govt says -media

Bosnia and Herzegovina will aim to introduce an emission trading system (ETS) by the end of 2025, the country’s prime minister said, as reported by local media.

EU begins effort to tackle abandoned coal mine methane emissions

EU countries must publish a public inventory of closed and abandoned underground coal mines by the end of Tuesday in a first move to curb largely hidden and large-scale abandoned mine methane (AMM) emissions.

US tariffs could reduce EU ETS emissions by as much as 41 Mt/year –analysts

US tariffs on European products could significantly cut EU ETS-covered emissions, but are not expected to affect the market’s bullish 2026 trajectory, according to a bank analyst.

Euro Markets: EUAs climb away from recent floor amid uptick in buying

European carbon allowances surged on the back of aggressive and resilient buying activity on Tuesday, climbing to their highest in three days towards the end of the session as a steady flow of demand pushed the market away from its medium-term support level, while energy markets also recovered from a weak open to end the day in positive territory.

Turkiye publishes draft carbon credit, Article 6 regulation

Turkiye has published new draft carbon credit and offsetting rules, outlining principles and procedures for generating and trading carbon credits from domestic projects.

UK govt selects six projects to enter negotiations for HyNet CCS cluster expansion

The UK government has chosen a further six projects to take forward into the negotiations phase of its Track-1 expansion of the HyNet carbon capture and storage (CCS) cluster in northwest England.

UK forest carbon standard sets its sights on digital improvements as it launches V.3

A UK forest carbon standard is piloting using drones for counting trees while also improving prediction tools for soil carbon as it looks to enhance its digital capabilities, following the launch of a new version.

INTERVIEW: Iberian Peninsula can still lead EU energy transition, researcher says

Spain and Portugal are positioning themselves at the forefront of Europe’s renewable transition, viewing the energy shift not as a cost, but as an industrial opportunity, although the region faces new tests following a major blackout in April and a new EU-US trade deal for liquefied natural gas (LNG).

Billions for French offshore wind plan given the go-ahead

The European Commission has given the green light to a €11 billion French State aid scheme aimed at accelerating the development of offshore wind energy, as part of the EU’s broader push towards a net zero economy.

BP to launch new cost-cutting review, months after slashing investment in clean energy

BP has launched a new cost-cutting review, despite announcing better than expected profits in quarterly results Tuesday, that could see the oil major further pivot away from its clean energy business.

Tree-centric restoration models make natural climate mitigation calculations uncertain, study says

Some restoration models don’t work consistently for different ecosystem types, creating uncertainties over exactly what volumes of human carbon emissions can be offset by restoring the natural world, according to a team of researchers.

AMERICAS

Brazilian sustainable agriculture could reach $10 bln within a year, expert says

Sustainable agriculture market investments will reach $5-10 billion annually over the next year in Brazil, making the country an international leader in the practice, a stakeholder has predicted.

Brazilian developer invests in carbon management, ESG report company

A Brazilian carbon project developer announced on Tuesday it had acquired a minority stake in a startup specialising in the automation of ESG data and carbon management for companies.

BRIEFING: US states, local governments push for more inclusion in new NEPA reviews

As the Trump administration works to revamp environmental review procedures for major infrastructure projects, some states and local governments are pushing for more inclusion in the US DOE’s new rules.

ASIA PACIFIC

India’s voluntary carbon market faces delays, sectoral gaps -report

India’s voluntary carbon market is being constrained by prolonged registration timelines and limited sectoral focus, and this is undermining its growth potential and credibility, according to a report released this week.

INTERVIEW: Cookstove project receives Fiji’s first VCUs

A clean cookstoves project in Fiji has received the country’s first carbon credits issued by Verra, with thousands more pending, according to the project developer’s general manager for Asia Pacific.

Japanese oil refiner backs rice-focused carbon credit project under JCM

One of Japan’s largest oil refiners is backing an emissions reduction project under Tokyo-led Joint Crediting Mechanism (JCM) that can cut emissions from rice cultivation.

Indian climate tech startup secures early funding for algae-based carbon capture solution

An India-based startup developing algae-powered carbon capture technology has secured pre-seed investment to support the scaling of its nature-based emissions removal systems aimed at improving urban air quality.

Report lays out key legal blueprint for developing carbon markets

A new report to support developing countries in Asia develop carbon markets has identified nine key issues which need to be resolved in legal frameworks to attract investment and facilitate high-integrity projects.

VOLUNTARY

GHG Protocol readies Scope 2 standard revisions for consultation

The GHG Protocol’s Independent Standards Board (ISB) has voted to advance its Scope 2 revisions to public consultation – absent one part.

Carbon removal buyers club opens summer call for projects

A carbon removal buyers club has opened a summer call for project applications.

Gold Standard opens consultation for addressing leakage in methodologies

Gold Standard is inviting responses to a consultation it has opened on a new draft methodology standard for addressing leakage emissions in greenhouse gas accounting methodologies.

Companies set for strong returns if they address climate risk now, report finds

Every $1 spent by companies on addressing physical climate risks could deliver a return of up to $21, with an average benefit of $8, analysis from a global environmental impact organisation shows.

Researchers “sound caution” on oil & gas sector scale-up of carbon removals

Oil and gas majors are using CO2 removal (CDR) as a tool to continue fossil fuel development, hedge against climate policy, and delay decarbonisation, according to new research.

INTERNATIONAL

UN delegates underestimate public willingness to personally contribute to climate action, research finds

Decision-makers surveyed by academic researchers misjudge the share of the public that is inclined to take personal action to address climate crisis by nearly 50%, according to research released on Monday.

CFEL25 – CALL FOR PROPOSALS

Carbon Forward Expo London 2025 – Call for Proposals

Carbon Forward Expo London celebrates 10 years this October, and we are inviting partners to be part of this special event.

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COMPLIMENTARY REPORTS

CBAM: Break for the Border (Mechanism) – To what extent are the European Union’s top trading partners ready for embedded emissions reporting and how can this risk their compliance with EU CBAM? Wood Mackenzie’s Carbon Management experts share insights on the EU led global growth of CBAMs and how companies can be better prepared for upcoming compliance challenges and unique MRV requirements. Click here to access this complimentary report

Designing Carbon Registries for Success – Carbon registries are key to enhance environmental market integrity and transparency. S&P Global Commodity Insights’ whitepaper offers insights into technology options for countries to engage in carbon markets, including independent standards and national programs, emphasizing the need for interoperability to prevent double counting and streamline data exchange. It helps guide market participants on considerations for alignment with Article 6 of the Paris Agreement, which facilitates international cooperation in climate action through market-based mechanisms. It features case studies from countries like Ghana and Singapore, showcasing strategies for maximizing carbon credit utilization and advocating for adaptable registry designs to support nations’ low-carbon transitions. Click here to access this complimentary report

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PREMIUM JOB LISTINGS

See all listings or post a job

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EVENTS

Carbon Forward Expo London: Oct. 7-9, London – Europe’s premier carbon markets conference. Our flagship event takes place in London once again, and will celebrate its 10th year analysing global carbon markets. Over three information-packed days, we’ll bring you leading experts, thought-provoking content, trailblazing organisations, lively discussions, and innovative thinking across the compliance, voluntary, removal, and renewable energy markets. This year’s edition will feature more side events, workshops, and our inaugural startup Pitch Hub! More details and a call for proposals to follow. Super Early Bird discounts now available. Register

Carbon Forestry 2025: Aug. 19-20, Rotorua – The 2025 Carbon Forestry Conference draws foresters, managers, advisers, and lawmakers to discuss policy and market changes. Director John Stulen calls it a vital forum for the sector. Key topics include the Climate Change Commission’s latest advice on NZ ETS unit limits and price controls for 2026-30, aiming to restore confidence in emissions trading. Also central is the ‘Alt-F Reset’ report from the Parliamentary Commissioner for the Environment, which raises new, sometimes counterintuitive, ideas for land use adaptation. The event will shape future forestry and climate policy in New Zealand. Register

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CALL FOR PROPOSALS

Carbon Forward Expo London celebrates 10 years this October, and we are inviting partners to be part of this special event. We are now accepting proposals for this special event, from:

  • Start-ups – for our new Carbon Forward Pitch Hub
  • Companies – to run Deep Dive Workshops
  • Speakers – to join our expert panels
  • Sponsors – ready to support Europe’s premier carbon markets conference
  • Offset buyers – to apply for one of our free passes

Start-ups for the Carbon Forward Pitch Hub – Stand out and get noticed

We’re offering start-ups the chance to promote their business to our highly engaged carbon markets audience. Selected start-ups will have the opportunity to do a 5-10 minute ‘elevator’ pitch, connecting them directly with industry leaders, investors, and potential partners. Start-ups will be required to purchase at least one 3-day conference pass in order to pitch.

Deep Dive Workshop hosts – Showcase your offerings and flex your expertise

Calling all experts: If there is an issue you feel needs unpacking, a challenge the industry faces, or an important opportunity to be had, we’re offering 30-45 minute workshop slots to organisations keen to take attendees on a ‘deep dive’ regarding a specific topic or market, also allowing the presenting company to showcase its offerings. Workshop slots will be allocated on a ‘first come, first served’ basis, with booking priority offered to event sponsors.  Non-sponsor firms looking to host a workshop will be required to purchase a minimum number of conference passes.

Some workshop topic ideas:

  • An introduction to emissions trading
  • Analysts presenting their latest carbon allowance price forecasts
  • State of play in North America’s carbon markets
  • A first-time CDR buyer’s guide
  • How do I choose a VCM standard?
  • Understanding integrity: Knowing your ICVCM from your VCMI
  • CBAM 101: How to navigate a carbon-tariffed world
  • Article 6 unwrapped: The differences between 6.2 and 6.4
  • Article 6: Country or regional profiles
  • Aviation in the EU ETS and CORSIA
  • Technical analysis in the carbon market

Presenters – Opinions, analysis, projections

If you’re interested in joining a panel discussion on the main stage, please get in touch with your area of expertise or a suggested angle. We’re especially keen to hear from those who bring fresh perspectives or practical experience. To ensure gender balance, we welcome and encourage expressions of interest from prospective female panellists.

Sponsors – For organisations looking to make a real splash

Sponsors benefit from high-impact visibility, including main stage panel participation, table-top exhibition space, prominent branding opportunities, client invitations, team access, and unrivalled marketing reach. Sponsors will also get priority in reserving Deep Dive Workshop and Pitch Hub slots.

Offset buyers – Apply for a free pass

As with all our Carbon Forward events, we offer a limited number of complimentary passes to attendees from medium and large companies that buy and retire voluntary carbon credits or are looking to do so (Note: this excludes organisations from the energy, financial, or consulting sectors). Special consideration will be given to first-time Carbon Forward attendees.

Indicate your interest and get involved!

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