A Canadian industrial hemp company active in verifying carbon removal (CDR) credits announced Monday it has began the process of shutting down its processing operations, and will pursue strategic alternatives after failing to raise enough capital and generate sustainable revenues.

Seagrass solutions - Bahamas’ Prime Minister Philip Davis addressed a climate finance reception in the UK Parliament last week, calling for stronger global investment in nature-based solutions. Speaking via a recorded message at the event, co-hosted by Bankers for Net Zero and Laconic Infrastructure Partners, Davis highlighted the Bahamas’ seagrass meadows as critical carbon sinks, and urged greater use of Article 6.2 cooperation, blended finance, and high-integrity carbon markets to protect ecosystems as global assets. Positioning the Bahamas as both vulnerable to climate change and a leader in solutions, Davis emphasised partnerships with the UK and international institutions to mobilise private capital and enhance resilience through the protection of marine ecosystems.

The chosen ones – BioCarbon Standard and Planet2050 made official on Saturday via LinkedIn, the 20 selected members of the Digital MRV Working Group, chosen from over 60 applicants across seven regions. The group will develop a roadmap to integrate digital tools such as remote sensing, AI, and blockchain into BioCarbon’s methodology and registry by 2026. Among the selected members are experts from rating agency Renoster, Kenyan carbon association CAMAK, and data agencies like Open Forest Protocol, IXO, and Ecota. BioCarbon had formalised the group’s establishment in late June, as part of efforts to strengthen its carbon programme for CORSIA eligibility and the ICVCM's CCP labelling.

A carbon removal (CDR) certifier is seeking feedback for its enhanced rock weathering (ERW) methodology update, it announced Monday, which the standard says aligns with the Core Carbon Principles (CCPs).

Sustainable practices drive cost efficiencies in supply chains and competitive advantage, according to almost three-quarters of companies surveyed by a consultancy looking at the evolution of corporate value chains.

An expert panel working on methodological elements of the Paris Agreement Crediting Mechanism (PACM) has proposed a 0.5-2.5% range over a 100-year period to define a "negligible" risk of reversal, in a bid to define a threshold for what is considered acceptable levels of permanence under new UNFCCC carbon crediting rules.

Signs of life flickered in the CORSIA carbon futures market in the first week of September, while prices ticked higher in the voluntary emissions avoidance and reduction sectors although retirement of credits remained low.

And miles to go - China’s ETS is unlikely to cover aviation in the near term, despite signals that broader sectoral expansion is a government priority, according to David Ma, an independent consultant on energy transition and climate change. A recent policy directive confirmed that by 2027 the ETS will cover all major emitting sectors in the industrial domain, sidelining transportation, including aviation for now, given its rising emissions, complex MRV requirements, and relatively small share of national GHG output, Ma wrote. While regional pilots in Guangdong, Shanghai, and Beijing are experimenting with inclusion of aviation, structural and regulatory barriers exist at the national level. He argued that robust MRV systems, stable baselines, and stronger policy alignment will be required before the sector can join the ETS. In the meantime, the voluntary offset market - especially CCER - can serve as a transitional mechanism, enabling airlines to manage emissions and meet international obligations.

Africa’s carbon bet - Africa’s push to align climate finance with growth is gaining traction through systemic reforms, with carbon markets emerging as a key pillar, according to a Kenyan government report published Monday. The report said that the Africa Carbon Markets Initiative (ACMI) has shifted the continent from fragmented participation to a coordinated market, building regional alliances across West, East, and Southern Africa to expand Africa’s market share. However, the continent still attracts only 2.5% of global climate finance, highlighting the urgency of reforms that should blend debt restructuring, concessional flows, and private capital with carbon market development. The report noted that if properly designed, carbon markets can transform Africa’s mitigation potential into tangible investment, jobs, and resilience. The report coincides with the opening of the second edition of the Africa Climate Summit in Ethiopia on Monday, after the inaugural summit was hosted by Kenya in 2023.

The third sale for Eligible Emissions Units (EEUs) is currently open for airlines who want to secure supply for Phase 1 (2024-26) of the CORSIA international aviation offsetting scheme, with a pool of 1 million credits available for bidders, the organisers confirmed to Carbon Pulse.

Colombian President Gustavo Petro last week presented a finance bill that would increase the national carbon tax, curb offsetting, and decrease the share of proceeds for climate measures – while elsewhere, public policy focused on climate finance mobilisation over carbon pricing.

The Danish EU Council presidency has pledged to advance negotiations on the Green Claims directive during its six-month term, after the file became embroiled in a political row between EU institutions over the summer.

An association representing air transport operators has ramped up its carbon credit demand outlook for the Phase 1 (2024-26) of the CORSIA international aviation emissions offsetting scheme, with the updated forecast placing expected requirements at between 146 mln and 236 mln over the three-year period.

Biochar partnership - Japanese project developer Green Carbon has entered into a strategic partnership with two companies to launch a large-scale biochar-based carbon removal project in India, it announced Monday. Through collaboration with Varhad Capital and Carbonfuture, around 120,300 carbon removal credits will be generated, Green Carbon said. Varhad Capital will build two industrial-scale biochar production facilities in Maharashtra, which will convert more than 6,000 tonnes of agricultural residues into biochar per year.    

First of its kind - An emissions reduction project proposed by waste management company Toa Xible has become the first registered initiative under Japan's J-Credit scheme that features the switch from fossil fuel to waste-derived fuels (EN-S-019), according to a company statement. The programme-based project is supported by voluntary exchange operator Carbon EX, which said the project sets a new model for decarbonisation in the industrial waste treatment and renewable fuel sectors. No further project details were given by the two companies.