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- Mon 23:27Forest cuts – Canada’s Liberal government will drop its goal to plant two billion trees by 2031 as part of Tuesday’s federal budget, sources told CBC on Monday. The government will proceed with existing contracts to plant one billion trees by that date, with unallocated funding from the original $3.2 billion programme to be redirected elsewhere. The reforestation and afforestation initiative, launched under former prime minister Justin Trudeau in 2019, has missed annual targets in recent years, with only around 228 million trees planted to date, CBC reports.
- Mon 22:34Brazil’s gross greenhouse gas emissions fell by 16.7% in 2024 compared with 2023, according to estimates released on Monday by a civil society organisation - yet is off track to meet its Nationally Determined Contribution (NDC) goals.
- Mon 21:11A webinar on Monday outlined forthcoming guidance for developing high-integrity nature-based carbon projects in the Brazilian Amazon.
- Mon 20:41
Fjord does heavy lifting – Kongsfjorden in Norway's Svalbard archipelago absorbs more GHG than it emits, functioning as a natural carbon sink, according to research by the Norwegian Polar Institute published in Scientific Reports. The study used water sampling and oceanographic monitoring to analyse the fjord's nitrogen and carbon budget. Scientists warn warming Arctic waters could diminish this absorption capacity. The fjord serves as a living laboratory for understanding Arctic transformations, with long-term monitoring planned to track climate impacts.
- Prices rallied last week as optimism surged ahead of COP30 and the market started the typical uptick in demand for credits in the fourth quarter to cover annual emissions.
- Mon 16:11A Japan-based agritech company has launched a digital monitoring, reporting, and verification (dMRB) platform to support traceable farmland emissions and removal accounting in line with emerging land-sector disclosure frameworks.
- ICAO has published the CORSIA sectoral growth factor for 2024, which should translate to robust demand for carbon credits eligible for the offsetting scheme, after last year's aviation emissions across participating states was calculated at 60 million tonnes above the agreed baseline.
- Mon 15:35Global warming is accelerating as land and ocean carbon sinks reach critical limits, threatening to narrow the remaining carbon budget, according to a new scientific assessment released ahead of COP30 in Belem.
- Mon 15:25CO2-reactive geological formations such as basalts and peridotites could offer new long-term carbon capture and storage (CCS) opportunities in regions with limited sedimentary basins, according to an analysis published last week.
- Mon 14:33The Norwegian government has proposed cutting more than half a billion kroner from international climate and environmental initiatives in its draft 2026 state budget.
- Mon 14:27Pesticide-heavy farming has damaged biodiversity inside of the EU’s network of protected sites, with traditional agriculture having the potential to benefit these ecosystems, a group of researchers has said.
- Mon 14:12Brazil guidelines - A set of guidelines for high-integrity carbon projects in the Brazilian Amazon will be launched during the second week of COP30, it was announced on a webinar hosted by the Voluntary Carbon Markets Integrity Initiative (VCMI) on Monday. The guidelines have been developed by consultancy Climate Focus and think tank LaClima, alongside the Amazon Investor Coalition (AIC) plus VCMI and the state governments of Acre and Rondonia, and will provide an overview of how to build and evaluate high-quality carbon projects in the region. A key focus will be on environmental and social safeguards, and providing concrete benefits for Indigenous Peoples who protect the forests.
- Mon 14:11The Ministry of Environment and Sustainable Development of the Republic of Djibouti has announced the creation of a national framework to implement Article 6, which will enable it to start international carbon trading under the Paris Agreement.
- Mon 14:00A company that works with project developers to market their credits has announced it has secured $160 million in early commitments from corporates to purchase units generated by Indigenous-led forest conservation in the Amazon.
- Mon 13:55Verra seeks experts - Verra has opened a Request for Applications for independent modeling experts to review Digital Soil Mapping Model Validation Reports (DSM-MVRs) under the VCS. Applicants with experience in DSM or hybrid DSM and biogeochemical models (BGCMs) will assess consistency with VT0014 guidance and ensure compliance with relevant VCS methodologies. Applications are being reviewed on a rolling basis.
- Mon 13:52EU member states have added a clause to revise the 2040 climate target if forests and other natural sinks absorb less CO2, according to the latest compromise text prepared ahead of decisive talks on Tuesday.
- Mon 13:38Cabo Verde is preparing to put the Article 6 carbon trading framework in motion next year, with a focus on using international deals to advance clean energy, according to the country's latest Paris Agreement commitment.
- Mon 13:11Scaling up carbon removals (CDR) requires politicians to establish market integrity, create reliable demand and national strategies, and support local stakeholders, according to the Tony Blair Institute (TBI) for Global Change.
- Political sensibilities at COP30 could colour discussion and implementation of last year’s Article 6 rulebook, as “fairly dry” bureaucratic matters play out muted versions of old debates, according to observers and officials.
- Mon 11:11A Middle Eastern voluntary carbon markets company has teamed up with a financier of carbon removals (CDR) to deploy projects together, mostly in the Global South, the two announced on Sunday.
- Mon 10:52The European Commission has finalised detailed rules outlining how EU countries can claim special flexibility under the bloc’s 2030 climate target due to their soils’ and forests’ reduced capacity to absorb CO2.
- Mon 10:44A blockchain-based marketplace will list the first 200,000 tonnes from a large microalgae ocean carbon removal project on its exchange.
- Mon 05:57The Cambodian government has launched a national carbon registry to manage and record credits generated from the country’s carbon projects.
