A major Australian bank expects Australian Carbon Credit Unit (ACCU) demand to remain resilient thanks to newfound policy certainty, but the price will likely remain stagnant for the remainder of the year, while it predicts upward momentum in the New Zealand market.

The amount of land suitable for new tree planting is far smaller than previously estimated once biodiversity is taken into account, with carbon storage potential also being overestimated, a newly released study has found.

An Australian airline has reported that 70% of credits in its voluntary carbon programme now come from nature-based projects, such as reforestation and biodiversity restoration, as it seeks 'higher integrity' assets.

Moscow will need to adopt a comprehensive emission trading system or risk the country’s fledgling voluntary carbon market tailing away into obscurity, finds a new report.  

The voluntary carbon market (VCM) could see credit prices increase nine-fold by 2040, according to updated analyst forecasts, with the current oversupply to endure until the 2030s.

Corporate buyers of carbon credits are fundamentally changing how they engage with the voluntary carbon market, according to new report, moving away from one-off, transactional purchases and shifting towards long-term partnerships.

India could unlock billions of dollars in climate finance to protect its forests, but existing international methodologies that don’t conform to the country’s unique ecological and governance realities have put multiple projects in limbo, an expert told Carbon Pulse this week.

A Finnish geospatial technology company has signed agreements with the Malaysian state of Sarawak to advance the use of remote sensing in forest carbon management, the firm announced Wednesday.

A carbon removal registry has launched a new GHG accounting module, creating what it describes as the first universal framework for measuring emissions and removals across all carbon removal pathways.

Confusing corporate language is hindering companies communicating with customers who are seeking sustainable products, despite cost-of-living pressures, a report published Thursday found.

Withdrawal - Mitsubishi this week announced its withdrawal from three Japanese offshore projects due to soaring costs, a move that will likely delay offshore wind power expansion in Japan, Reuters reported. Mitsubishi said cost increases had "far exceeded projections", including construction prices more than doubling since the 2021 bidding phase, according to the report. The development comes after Denmark's Orsted last year decided to withdraw from the Japanese market as part of its global restructuring. Japan aims to lift its offshore wind farm capacity to 10 GW by 2030, from the current level of around 5GW.

The path to moving multiple Australian industries away from diesel and into cleaner alternatives is a “complex challenge” hampered by the use of carbon  credits and diesel fuel tax rebates, in addition to difficulties in scaling up new technologies and the high costs associated with cleaner fuels, a paper argued this week.

Indonesia could learn from China’s rollout of its national emissions trading scheme (ETS), and a formal cooperation between the two countries could accelerate development, a report said on Thursday.

Cambodia readies for Green Climate Fund - Cambodia’s environment ministry and the Global Green Growth Institute said on Thursday they are working on a Green Climate Fund readiness assessment, as the country seeks to mobilise $32.2 bln to meet its climate goals. The ministry endorsed a 2025-27 action plan to overcome barriers in accessing climate finance and building capacity. The plan underpins Cambodia’s pledge to cut emissions 55% by 2035, conditional on external support. Representatives from government, business, and development agencies agreed on priority measures to strengthen climate finance systems.

Aussie power storage – Western Australian utility Synergy is on the cusp of having more battery storage than coal capacity, news outlet Renew Economy reported on Thursday, making it the first traditional power generator to find itself in this position. The government-owned company said this week that its 500 MW Collie battery – the second largest in Australia – is in the final stages of commissioning and should be fully operational by the end of the year. Once completed, Synergy will have more than 800 MW of battery capacity, versus 740 MW of coal-fired capacity. (Renew Economy)

A major North Atlantic ocean circulation that shapes Europe’s climate could collapse after 2100 in high-emission scenarios, with some models pointing to shutdowns even under lower warming pathways, according to a scientific study published this month.

Climate and half-yearly reports published this week illustrate the strategies some Western Australian resource and industrial companies are using to meet their compliance obligations under the Safeguard Mechanism.

HESTA la vista – NGOs Amnesty International Australia and the Center for Non-Violence (CNV) have ditched healthcare and community sector super fund HESTA due to its ongoing investments in fossil fuel firms. A press release from campaign group Market Forces on Thursday noted that HESTA had more than A$500 mln ($325.7 mln) invested in oil and gas companies Woodside and Santos as of Dec. 31, 2024. It also added that a third group, Jesuit Social Services, has put HESTA on notice and is asking it to increase the pressure on Woodside and Santos to abandon their oil and gas expansion plans. CNV, Amnesty, and Jesuit Social Services have been pushing HESTA for greater climate ambition, and for it to divest from the fossil fuel companies. The press release also noted that many CNV employees have already been transferring their retirement savings from HESTA to fossil-free super funds.

New Zealand’s national carrier saw its carbon costs inch up in 2024 amid higher NZ ETS costs and in preparation for expected obligations under the aviation sector’s offset programme, CORSIA.

You’re it – TagEnergy has acquired Australian developer ACE Power, it announced on Thursday for an undisclosed amount. ACE Power's 6GW portfolio – comprised of solar, wind, and battery storage projects – brings TagEnergy's total pipeline in the country to 10 GW. It already has 1.3 GW under construction and operation in Australia, via the Golden Plains onshore wind development – the largest of its type in the southern hemisphere, and which is expected to be complete in 2027. TagEnergy is aiming to become a national independent power producer, with CEO Franck Woitiez saying Australia is one of the most exciting and promising places to deliver the energy transition.

One of Japan's largest banks has invested in a Tokyo-headquartered carbon credit project developer for the creation of carbon credits both at home and abroad.