Lagging behind - Think tank GTRI warned that India has not made significant progress in preparing for the EU's forthcoming carbon tax under the Carbon Border Adjustment Mechanism (CBAM), which will apply in full from 2026, the Times of India reported. Despite a two-year transition period that began in Oct. 2023, Indian exporters still lack clarity on emissions reporting and verification, and no major policy initiatives have been introduced to aid compliance or support capacity-building, said GTRI.

The expansion of the voluntary carbon market depends heavily on how developers finance costly and risky projects, with new research finding that the effectiveness of buyer funding, forward crediting, and government subsidies is largely determined by the financial position of offset sellers.

Existing governance frameworks are unprepared to manage the social, ecological, and technological complexities of marine CO2 removal (mCDR), according to a new review that calls for system-aware, justice-oriented approaches to overseeing the emerging field.

An international NGO launched a digital tool to estimate costs of blue carbon projects, aiming to increase pricing transparency and boost investor confidence, it announced on Wednesday.

Host parties could refuse to authorise the international transfer of carbon credits under Article 6 if they feel they are undervalued, making a globally-accepted price range a potential solution, an expert told Carbon Pulse.

The global energy transition could become bumpier after the International Energy Agency (IEA) warned in a report this week that oil and gas fields are declining at a faster rate than previously thought, leaving investors needing to pump more money in to keep supply stable.

The 80th United Nations General Assembly will open in New York on Sunday against a complex international backdrop, which will see climate and geopolitics continue on a collision course as parties scramble to prepare new plans in time for COP30 in Brazil later this year.

Financial institutions are being called on to take a leading role in scaling up carbon markets, as new analysis shows the sector could grow to hundreds of billions by mid-century.

Asian carbon pricing schemes risk falling short of climate goals as prices remain too low, coverage too narrow, and fossil fuel subsidies too entrenched, according to a new report.

Credits issued under the Japan-led Joint Crediting Mechanism (JCM) are expected to trade between $15-30 per unit, considering the robust demand outlook and current policy progress, a webinar heard Friday.

The advent of artificial intelligence (AI) looks set to turbocharge a new global contest in energy demand, splintering the world into rival blocs, although the US may have taken a wrong turn by focussing on fossil fuels, according to a new report.

Bamboo study - Sarawak Timber Industry Development Corporation (STIDC) and Universiti Teknologi Mara (UiTM) this week said they will study the potential of carbon trading from bamboo plantations in the Malaysian state, according to a Facebook post. The 18-month study will assess carbon sequestration from sustainable bamboo farming and measure emissions across the crop’s life cycle. Researchers will also estimate the number of tradable carbon credits that bamboo plantations could generate, with initial case studies centred on existing farms.

Clean chit - The Supreme Court of India has cleared Reliance Foundation’s Vantara wildlife centre in Jamnagar, Gujarat, over its use of carbon credits, among other issues, calling the claims “entirely baseless", PTI reported. Petitions had alleged Vantara illegally acquired animals, misused resources, and sought to profit from carbon credits. The court found no evidence and noted there is no framework that awards credits for animal rescue or upkeep. Vantara said it has never applied for such credits and is funded solely through philanthropy.

Indonesia will present up to 60 million carbon credits at the COP30 climate summit in Brazil in November, the environment minister said this week, as the Southeast Asian country ramps up efforts to open its carbon market for exports.

The price for Australian Carbon Credit Units (ACCUs) has fallen flat following the release of the government’s 2035 climate targets, as the Clean Energy Regulator issued 1.25 million units in August.

China's national emissions market over the past week saw prices retreat to the lowest level since July 2023 amid sustained selling pressure, with analysts remaining downbeat on price outlook.

Renewables, according to ARP - Australia’s renewable agency on Friday called for expressions of interest for its Advancing Renewables Program (ARP) to fund innovative community electrification demonstration projects across Australia. ARENA believes community electrification could unlock residential demand, in turn reducing bills. It is looking for projects that allow community participation in the energy transition, showcase innovative technologies and approaches, and deliver tangible benefits to diverse residential settings. Scale of 1,000 homes or more is preferred, as are high density dwellings, and low income households.

Team up -  The Australian government announced its 'Game On' programme on Friday, offering A$50 mln ($32 mln) to sporting clubs to install solar panels and batteries on their rooves, as well as climate resilience work, such as new awnings and flood protection measures. Australia’s energy minister, Chris Bowen, has called for a “Team Australia moment” to meet the emissions reduction target of 2035 his government announced Thursday.

Biochar projects are still dominant in terms of current carbon removal deals struck, according to developers, analysts, and other industry participants, though the wider sector still needs to massively scale to help the world meet climate goals. 

The price of benchmark CORSIA carbon credit futures settled at $21 on a major exchange this week, a record high, as anticipation builds ahead of a UN aviation summit and hopes that fresh supply will soon be made available to buyers.

Australia’s Nationally Determined Contribution (NDC) projects a world that relies far less on the country's fossil fuel exports by 2035, without raising any specific policies that would make this a reality.

SWIS into a cleaner state - Western Australia this week released a new energy plan to build out the South West Interconnected System (SWIS), which covers capital Perth and the southern parts of the state, as coal-fired power is retired by 2030 and renewables built out. This will Enable the new load connections needed to diversify and strengthen WA’s economy, energy and decarbonisation minister Amber-Jade Sanderson said, and will involve renewable additions and an expanded grid to move their electrons around. While industrial emissions, from sources like LNG processing plants, have risen the three-term Labor government has been clear it will retire its aged and expensive coal plants by decade’s end.

Cleaner chips, away! - Australian waste disposal company Cleanaway said its Scopes 1 and 2 emissions reduction target for 2030 was on track and it had met its target for the year. On Friday, the company released its sustainability report to the Australian bourse, saying it had also completed its first Scope 3 emissions assessment, which is 484,000 tonnes of CO2e, or just under a third of its total footprint. In addition to generating landfill gas from its ‘cells’ within landfill areas, it also worked with fuel refiner and retailer Viva Energy to make packaging for corn chips and popular potato crisps from used cooking oil. The company's revenue from ACCUs grew to A$65.1 mln ($42.9 mln) in 2025, up compared to the A$58.2 mln it brought in the previous financial year.    

Inaugural journey - Japanese shipping giant MOL on Friday said its Capesize bulk carrier, which is the largest class of dry bulk ships, has embarked on its first biofuel-powered journey for miner Anglo American. The vessel is running on a B30 blend of biodiesel and conventional fuel, certified under the EU’s International Sustainability and Carbon Certification scheme, the company said. MOL added that the biofuel could cut CO2 emissions during the voyage by around 30% compared with traditional fuels. A report this week said that the shipping industry risks missing its goal to boost zero-emissions fuel sources to 5-10% of total use by 2030, unless the International Maritime Organization (IMO) introduces reward mechanisms for its use.

Fizz factory - Japanese industrial gases company Nippon Sanso on Friday said it has opened a €30 mln CO2 processing plant in Germany through its European arm Nippon Gases. The facility, built with a €3.7 mln grant from the German government, will produce food-grade CO₂ and dry ice from bioethanol made from maize and grain at the adjacent facility. The company said the project will save about 330 tCO₂ in avoided transportation emissions. The plant’s output will be supplied to sectors including food and beverage, chemicals, transport refrigeration, and semiconductors.

One of the major oil refiners in Japan is backing a US-based startup that develops ocean alkalinity enhancement (OAE) solutions, as it aims to accelerate the development of carbon dioxide removal (CDR) business models in North America.

An Indian project developer on Friday said it raised $3 million in seed funding to expand carbon removal projects, including agroforestry, mangrove restoration, and biochar.

New Zealand parliament passed its farm-to-forestry legislation Thursday, with the coalition government saying it strikes the right balance between protecting New Zealand’s agricultural land and maintaining ETS confidence.