A group of industrial and utilities companies have called for the global greenhouse gas accounting framework to incentivise the use of green gas, in a letter published Wednesday. 

Founders of emerging carbon removal (CDR) companies said on Tuesday that early-stage capital remains concentrated in the Global North, threatening to slow progress in developing markets.

Amid the UK’s cost of living crisis and a rising clamour of anti-net zero and anti-nature political messaging, much of the UK public still cares about climate and nature, a London conference heard Tuesday.

The new leader of the Green Party of England and Wales, Zack Polanski, is committed to winning arguments and changing minds rather than following popular public opinion, he told a conference in London on Tuesday, as the party climbs the polls.

South Africa’s Treasury and internal revenue service (SARS) on Tuesday responded to stakeholder commentary on proposed carbon tax updates, committing to conduct analyses on the impacts of removing some cushion for electricity generators as the carbon tax is phased in.

EU carbon prices stabilised on Tuesday morning after Monday's steep climb, as traders accustomed themselves to levels of more than €80.00 and equity markets dropped after leading bankers expressed concerns at a overheated stock market.

Upcoming reforms to the EU’s Emissions Trading Scheme for road transport and heating fuels (ETS2) will make up to 600 million carbon allowances available to stabilise prices – enough to cover 10 years’ worth of emissions abatement, EU climate chief Wopke Hoekstra said on Tuesday.

South African banks are finally “in the adults’ room” of a maturing carbon market and not enjoying it – but they will align with the state’s vision of a refined market once it provides clear rules and backs these up with infrastructure, according to a Cape Town-based consultant.

Energy trilemma - Policymakers and industry will need to balance social impacts, decarbonisation, and competitiveness as the regulatory environment for carbon markets heats up, said participants at a recent meeting of the KPMG Women in Energy Network. They noted the "encouraging" signs of potential linkage between the EU and UK ETS, as well as the growing focus on cost as part of the regulatory debate. Some flexibility may be needed due to the impact of carbon taxation on prices, said participants. They also agreed on the importance of involving the energy industry in the debate, with greater digitisation seen as helping to make carbon markets work better. There were diverging views on voluntary carbon markets, with one participant saying they could make a comeback, whilst another said convergence between compliance-led and voluntary markets was key to a real comeback. Yet participants agreed carbon taxation has influenced business strategy such as driving investment into renewables. Balancing sustainability, security, and affordability will be key to driving economic growth over the next couple of years.  

Corporate transition plan disclosure requirements under EU sustainability regulation should go hand-in-hand with the setting and disclosing of greenhouse gas emission reduction targets, according to a European non-profit.

A Copenhagen-based company has launched with the aim of scaling nature restoration at landscape level, making it an investable asset class through instruments including biodiversity credits.

Switzerland has signalled a relaxation of restrictions used for calculating the number of credits a cookstove project can generate for trading under Article 6.2 of the Paris Agreement.

Global warming is now all but certain to surpass the Paris Agreement's 1.5C goal – but the question is how far it will go, and how long the overshoot will last, the UN warned on Tuesday, in a marked change of narrative from a year ago.

The Deforestation Investor Group (DIG) will launch in Jan. 2026 without any time-bound commitments, as its predecessor Finance Sector Deforestation Action (FSDA) reported partially meeting its pledges.

The European Energy Exchange (EEX) has released the 2026 schedule for post-purchases of certificates under Germany’s national emissions trading system (nEHS) with the year identifier 2025.

The World Bank’s Forest Carbon Partnership Facility (FCPF) disbursed about $71 million in results-based payments in fiscal year 2025 (FY25) for around 14.6 mln tonnes of CO2 cuts.

As EU climate ministers meet in Brussels on Tuesday to hammer out an agreement on the EU's proposed 2040 target, a coalition of companies and climate organisations has published an open letter warning that current plans risk leaving a "permanent removals gap".

A new global partnership, launched Tuesday, aims to mobilise $1 billion within three years to finance zero-emission port infrastructure, marking a major step toward decarbonising maritime trade.

Sixteen new carbon removal (CDR) startups have been selected for the eighth cohort of a European accelerator programme, including a couple developing sustainable construction materials using CO2 mineralisation.

The price spread between European carbon credits and those from Asia, Africa, or South America has not significantly changed in 2025, according to analyst data. 

The Brazilian government expects to raise $10 billion for the tropical forest fund by the end of next year, the Minister of Finance Fernando Haddad said on Tuesday.

Global greenhouse gas emissions broke another record in 2024 following a significant 2.3% bump year-on-year, driven by a rapid rise in emissions from deforestation and land use, as well as is most major sectors, the UN warned on Tuesday.

The Article 6.4 Supervisory Body’s (SBM) approval last week of the first Paris Agreement Crediting Mechanism (PACM) methodology is a positive sign for speedy market operationalisation and voluntary market (VCM) integrity, according to experts in the process.

Credits from tree-planting projects are being snapped up by corporations, according to a survey that discovered renewed confidence in the voluntary market.

A group of international tax and climate experts has outlined options for a global levy on cryptocurrency to help finance climate and development action, according to a report released Tuesday ahead of COP30.

Global emissions could peak before 2030, thanks to climate policies put in place over the past 10 years – but ambition lags, an warming remains on track for 2.7C, according to a report published on Tuesday.

A UK-based startup has become the first producer of sustainable aviation fuel (SAF) to receive government grant funding to investigate the non-CO2 effects of its fuel.

Looming tightness has dominated the conversation around European carbon in recent months, but with industrial emissions continuing their slump and gas in abundant supply, there is potential for weak fundamentals to continue to dampen benchmark EUA prices in 2026, sources have said, despite bullish investor bets and upward analyst price forecasts for next year. 

EUA prices are likely to top €100/tonne in the first half of 2026 as annual supply deficits keep the market under upward pressure, while the risks of regulatory intervention to manage prices are “overstated”, according to analysts at a leading bank.

The European Commission aims to support a broad range of technologies under its upcoming EU-wide purchasing programme for permanent carbon removals (CDR), an official has said.

A global clean industry project tracker has highlighted China’s dominance in the space, with the total value of projects operating or reaching a final investment decision (FID) totalling nearly $70 billion, while greenshoots appear in India and Brazil.

The European Investment Bank (EIB) Group committed a record €51 billion in 2024 to climate action last year, on track to achieve its target of €1 trillion for the decade ending in 2030, the group reported on Tuesday.

France, Kenya, Singapore, the UK, and Panama have launched a collective, government-backed framework to guide corporate use of high-integrity carbon credits on Tuesday.

Governments and institutions pushing back against US moves to thwart efforts by multilateral development banks (MDBs) on climate change is lifting hopes for reaching global climate finance goals, a policy veteran told Carbon Pulse.