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- Indonesia has signed two new agreements to advance its voluntary carbon market and deepen climate cooperation with the UK, while simultaneously stepping up efforts to attract international buyers for the more than 90 million credits it plans to showcase during COP30.
- Sun 23:08Solar seeking – The Australian Renewable Energy Agency (ARENA) on Monday announced it would invest up to A$45 mln ($29.2 mln) in miner Fortescue’s Solar Innovation Hub in Pilbara, Western Australia, in a bid to levelise the cost of utility-scale solar power. The money will support the Hub, which is serving as a testing ground for 500 MW of emerging technology, the agency said in a press release, trialling a portfolio of 10 different projects under one agreement in a bid to cut costs.
- Sun 17:09EU-India CBAM talks – The Indian government called for greater predictability in the EU’s Carbon Border Adjustment Mechanism (CBAM) during trade talks that wrapped up on Friday. EU negotiators travelled to New Delhi for talks over Nov. 3-7, aimed at progressing the proposed India-EU Free Trade Agreement. During negotiations, India’s commerce secretary, Rajesh Agrawal, raised industry concerns over CBAM and called for more clarity over its implementation, KNN reported. Remaining rules for the EU's CBAM’s implementation will be put forward in early December, the European Commission has said. (KNN)
- The International Civil Aviation Organization (ICAO) has for the first time authorised carbon capture and storage (CCS) and engineered removal methodologies for use under its CORSIA international aviation offsetting scheme, with a number of voluntary carbon standards also receiving eligibility approval for the current and next trading periods.
- Sat 20:05Data centre dreams – ExxonMobil has ambitions to capture carbon from natural gas power plants supplying data centres, Data Centre Dynamics reported Friday. The fossil fuel giant has already engaged with data centre operators to advance these plans, according to comments from CEO Darren Woods during ExxonMobil’s Q3 earnings call. The company is aiming to capture up to 90% of CO2 emissions from its gas power plants serving the data centre sector, Woods said. This would not be the company’s first foray into CCS, as ExxonMobil received three permits in October to inject CO2 into old oil test wells in Texas.
- Sat 14:27The EU, China, the UK, and eight other countries in Europe, Latin America, and Africa have endorsed Brazil's proposal for a coalition to collaborate on global compliance carbon markets and pricing mechanisms.
- Sat 00:45At the Leaders’ Summit in Belem ahead of next week’s COP30, global leaders announced agreements on protecting forests and advancing the global energy transition, while outlining their goals and expectations for the upcoming conference.
- Sat 00:39Market intelligence provider MSCI is preparing to officially launch a credit rating system for Paris Agreement Article 6 transactions, as momentum builds to bring greater consistency to a global carbon market that remains voluntary and “uncapped” by design, an executive told Carbon Pulse.
- Sat 00:26Don’t stop us now – A coalition of 334 non-state actors have signed the Japan Climate Action Summit 2025 Declaration, reaffirming their commitment to decarbonisation aligned with a 1.5C temperature goal. In a press release from the Japan Climate Initiative (JCI) on Friday, the group called for the acceleration of renewable energy development and energy efficiency improvements. Endorsers include electrical company Ricoh, Sony Group, Sumitomo Heavy Industries, Tokyo Metropolitan Government, and Tokyo Steel Manufacturing.
- Fri 23:26Senior financiers and development experts are calling for a radical rethink of how global capital is mobilised for climate action, urging reforms that make finance simpler, faster, and more locally driven while integrating adaptation, resilience, and natural capital into mainstream investment strategies.
- Fri 23:13G20 pledges for carbon removals (CDR) are "limited and lacking credibility," with only a handful of member nations providing transparent and credible plans to scale up the technology, a report has found.
- Fri 22:44Australian carbon project developer GreenCollar has launched a A$100 million ($64.9 mln) fund to develop environmental plantings projects, media reported.
- Fri 21:57A group of representatives from investment institutions identified carbon pricing as the most effective incentive to channel capital into climate solutions at an event this week.
- Fri 21:53An US developer has signed a long-term agreement to supply a major APAC industrial client with approximately 1 million tonnes of low-carbon methanol per year from its facility located at a Pacific port.
- Fri 21:28A pledge to quadruple the use of sustainable fuels by 2035, co-sponsored by Brazil, Italy, Japan, and India, has been endorsed by 15 more countries, it was announced Friday during the pre-COP Leaders’ Summit.
- Fri 21:10
Turbines in trouble – Extreme ocean wind speeds are increasing, a study in Nature Communications found. Winds rose globally by 0.016 m/s annually from 1940-2023. This trend could leave over 40% of Asian and European offshore wind farms facing speeds that exceed their turbine design thresholds, the research warned.
- Fri 20:38A recently-created carbon accounting initiative has drawn strong praise from major industrial and financial players, with executives calling it a “critical step” to unlock credible markets for low-carbon products and investments.
- Fri 16:07The durable carbon removal market saw quarterly contracted volumes reach their second-highest ever level, with only Q2 2025 ahead, after the Q3 volume surpassed the total annual figure for 2024, according to analysts.
- Fri 16:06Companies across the food, timber, rubber, and agricultural sectors this week called on the EU to proceed with the deforestation regulation’s current timeline while allowing a limited grace period to ensure smooth implementation.
- Ahead of COP30, a multi-stakeholder group has issued several policy recommendations aimed at strengthening the role of nature-based solutions (NbS) in global climate action.
- Fri 15:14More than 5,300 fossil fuel lobbyists have attended UN Climate Summits over the last four years, a non-profit said on Friday, calling on the UN climate body to establish better accountability rules to root out industry interference.
- Fri 15:13Fiji has reaffirmed its commitment to hit net zero by 2050, revised its energy sector targets, and signalled interest in voluntary carbon markets in its latest contribution to the Paris Agreement.
- Fri 14:39The latest draft of the Science Based Targets initiative's (SBTi) Corporate Net-Zero Standard (Version 2) takes a step forward on climate finance transparency, and makes an effort to clearly recognise companies that buy quality carbon credits, but will fail to help drive near-term investment towards removals, according to market stakeholders.
- Fri 11:52Chinese carbon allowance prices saw a modest recovery over the past week amid emerging compliance demand, though analysts said the room for further improvement could be limited in the coming weeks.
- Fri 11:37Most corporates are turning a blind eye to the threat of climate change, failing to implement robust measures to support the Paris Agreement goal, although more and more of them are using carbon credits, according to a new report.
- Fri 09:21Regulators in China should carefully consider the country's overall emissions reduction targets and market stabilisation measures when drafting policies for the next phase of the national emissions market, analysts told a webinar this week.
- Fri 09:08Singapore’s National Environment Agency (NEA) on Friday appointed three carbon rating service providers to help assess the integrity of units issued under its International Carbon Credit (ICC) framework.
- Fri 07:49Australian Carbon Credit Unit (ACCU) prices have steadied this week, as October traded volumes were down month on month, according to a survey.
- Fri 07:15A Chinese company has shared plans to invest in a project in Laos that aims to distribute improved cookstoves to around 170,000 households between 2026-27, generating millions of carbon credits.
- Fri 07:10Trading on Indonesia’s carbon exchange fell again in October as negotiated deals dried up and activity remained thin across other segments, showcasing the market’s struggle amid limited demand.
- Fri 07:06Australia has comparative advantages to scale novel carbon removal (CDR) technologies, but coordinated efforts to rapidly deploy them will be needed if they are going to meaningfully contribute to the country’s climate efforts, the country's peak industry science body said in a roadmap presented on Friday.
- Fri 05:00Relying on carbon capture and storage (CCS) and carbon removal (CDR) to offset fossil fuel use could undermine global climate goals, a new study warned Friday, urging governments and companies to aim for “real zero” instead.
