In a report, published at COP30, marking 10 years of the Green Climate Fund, the organisation said that it has reduced 96 million tonnes of CO2 in its first decade.

A Canada-based carbon financier booked an $11.8 million unrealised gain in the third quarter of 2025, reflecting higher asset values tied to its flagship cookstove project.

Global greenhouse gas emissions are finally showing signs of peaking, according to the latest update to the UNFCCC’s 2025 Nationally Determined Contributions (NDC) synthesis report, but the pace of decline remains far too slow to meet the Paris Agreement’s 1.5C temperature goal.

Public and private spending via Article 6 could count toward the New Collective Quantified Goal (NCQG) on climate finance negotiated at last year’s COP29, so long as the benefits that ‘donor’ institutions receive are discounted from the total spend, according to researchers.

After two years of promoting its proposal to reward countries for conserving tropical forests, Brazil officially launched the Tropical Forest Forever Facility (TFFF) last week with more than $5 billion already committed, although experts expressed mixed reactions to the announcement.

The Supervisory Body for the Article 6.4 mechanism submitted its fourth annual report to parties during COP30 on Monday, detailing progress made over the past twelve months toward operationalising the new UN carbon market under the Paris Agreement, though underlined it now faces a significant funding shortage.

The European Parliament’s environment committee on Monday backed a landmark proposal to slash the EU’s net greenhouse gas emissions 90% below 1990 levels by 2040, clearing the way for lawmakers to formally adopt their stance during a plenary vote on Thursday.

Only six countries, as well as the EU, have reported any measurable reductions in methane emissions since a historic global pledge made at COP28 to tackle the high-polluting gas.

Eleven governments and more than 300 companies and civil society groups have endorsed the Principles for Responsible Timber Construction, a science-based framework guiding the sustainable use of timber.

EU Allowances ended the day up 0.6%, as buyers and sellers wrestled for control, with seemingly little conviction to see prices move back towards the highs seen last week, as analysts warned of downside risks due to investment funds' significant long exposure, milder than average weather forecasts, and healthy amounts of LNG being imported into Europe.

An updated EU methodology to measure CO2 sequestration from three permanent carbon removal (CDR) techniques gained broad support from an expert group on Monday, despite ongoing concerns over biomass sustainability and opposition from environmental groups.

Less than 50% of countries have submitted updated climate plans as COP begins, with the gap between parties’ updated targets and 1.5C pathways growing, according to experts.

Retirement levels for voluntary carbon credits were slim last week and overall levels remain lower than last year, sending mixed signals about the market outlook as the COP30 international climate summit gets underway in Brazil.

Africa's REDD+ results - African countries are making progress in their REDD+ implementation, but there's still a supply-demand gap in the market that needs to be bridged with improved coordination, transparency, and understanding between governments and investors, according to the findings of a roundtable in Johannesburg, hosted by the UN-REDD Programme and ICVCM. The roundtable brought together governments, corporate buyers, investors, and technical partners to talk about how to accelerate jurisdictional REDD+ investments. Participants said that while countries are nearly ready to supply credits, the key to demonstrating credibility will be to maintain momentum and register verified results. Investors called for clarity on land tenure, benefit-sharing, and governance, and stressed that credits need to be interoperable and fungible across voluntary and compliance markets.

Forestry carbon initiatives should base risk planning on severe climate conditions rather than historical norms, as moderate scenarios are failing to capture the true scale of wildfire threats, according to new analysis by a London-based insurance firm.

The Congo Basin absorbs a net 600 million tonnes of CO2 annually, making it the most carbon-beneficial rainforest globally, although its potential has diminished in recent years due to deforestation, according to a new report.

Brazil and the UK have launched at COP30 in Belem an initiative to tackle global super pollutant emissions, with developing countries receiving an initial $25 million in support.

Brazil has managed to head off potential delays to negotiations at COP30 on Monday, even as concerns with climate change-related unilateral trade measures were put forward by parties in an early agenda text.

The Clean Development Mechanism (CDM) Executive Board approved key methodological updates and ruled on several accreditation and issuance matters during its 126th meeting in Belem, Brazil last week.

Morocco expects to bring in some 6 billion dirhams ($650 million) from projects under its bilateral Article 6 agreement with Switzerland, a top official said in Parliament in the lead-up to COP30.

European carbon prices were little changed after the Council of EU member states agreed a common stance on the bloc's 2040 climate target, but analysts warned the market may be overlooking policy risks – notably the possible reopening of the EU ETS Directive – warning this could weigh on the trading system in the years ahead.

The international agreements needed to accelerate climate action are already in place – from speeding up clean energy, to mobilising more money, to boosting adaptation – so COP30 is where countries need to decide how they will fulfil their promises, the UN's climate chief said on Monday.

TechX is calling - Applications for the Net Zero Technology Centre's (NZTC) 2026 TechX cohort are now open, the organisation announced on Nov. 7. The programme offers startups the opportunity to secure up to £50,000 in funding and a spot on a 14-week accelerator designed to fast-track their market path. NZTC is seeking teams in carbon capture, renewables, hydrogen, and industrial decarbonisation, with a focus on pre-commercial startups at technology readiness levels 3 to 6. Participants will gain direct access to investors, customers, and field trial opportunities, along with guidance to sharpen their commercial strategy. Applications close on Jan. 5.

A land restoration project in Zambia is using the carbon credit revenue it generates as means to finance its main goals of strengthening the local livestock farming sector, boosting income for cattle farmers, and driving wider sustainable development in the local rangelands, the project’s developers told Carbon Pulse.

This year is set to be the second or third warmest year on record, extending an 11-year streak of exceptional global warming driven by record GHG concentrations in the atmosphere, according to the State of the Climate Update for COP30 published Nov. 6 by the World Meteorological Organization (WMO).

It is Day 1 at COP30 in Belem. The mood is warm and the humidity is high following last week's leadership summit in Sao Paulo, as Monday marks the first official day of negotiations. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (GMT-3).

Belarus's contribution - Belarus's new NDC sets a goal of cutting greenhouse gas emissions by 47% by 2035, compared to 1990 levels - conditional on an end to international sanctions, among other things. The target includes reductions through land use and forestry, and is also conditional on access to international finance, technology transfer, capacity building, and possibly Article 6 projects. Unconditionally, the country aims to cut GHGs by 41% in that period, including LULUCF. Belarus is considering the use of Article 6, but has not yet implemented or authorised cooperative approaches. The bulk of the emission reductions are expected to come from the energy sector, which is the largest source of GHGs in Belarus, as well as industrial processes, transport, agriculture, waste management, and LULUCF.

As COP opens in Brazil, Gold Standard is the first major independent carbon standard to fully align its methodologies with the Paris Agreement — a move that cements integrity, safeguards market confidence, and signals that credible climate action under the Paris framework is no longer optional but essential.

A natural capital strategy led by a France-based asset manager has raised a total of $560 million following investments from development finance institutions, it announced on Monday.

A certification company has been announced as the preferred bidder to become the verification administrator for the UK Net Zero Carbon Buildings Standard, marking a step towards the launch of the framework later this winter.

Iraq launched its national carbon market, aiming to integrate the country with regional and international carbon trading mechanisms, an official announced during COP30 in Belem, Brazil.

Pressure on EU sustainability reporting rules – More than 100 law professors and lawyers from across Europe have warned that the European Commission’s Omnibus I package, which seeks to amend EU sustainability reporting rules, breaches fundamental EU legal principles. In a letter, the signatories caution that if adopted as it is, the proposal faces a high risk of legal challenges in national or EU courts and could set a dangerous precedent for the EU’s legislative processes. Parliament is scheduled to vote on Omnibus I on Thursday Nov. 13, amending the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). The vote follows the rejection of the committee position in plenary on Oct. 22. MEPs now have an opportunity to amend the Commission’s original proposal, ahead of negotiations with EU member states.

Quality alliance – Japan’s Carbon EX has entered into a partnership with Sylvera, the London-based carbon credit rating company, to enhance transparency and quality in Japan’s carbon credit market. Under the collaboration, Carbon EX will integrate Sylvera’s carbon intelligence platform into its trading exchange to enable transactions of high-quality and independently rated carbon credits and strengthen market integrity and confidence among participants, according to a statement.

Jet set go – Nigeria’s federal government has established a technical and steering committee responsible for creating and managing the Nigeria Green Climate Fund and a national sovereign carbon credit scheme. The committee will oversee the creation of frameworks for carbon credit generation, trading, and benefit sharing, ensuring alignment with global climate market standards. Nigeria last week approved a new national carbon market framework and the operationalisation of its climate change fund, in a move President Bola Tinubu said would help unlock up to $3 bln annually in carbon finance, as the country prepares to outline its climate strategy at UN climate summit in Brazil starting Monday.

Inter IKEA Group has launched a new forest restoration and management initiative in Brazil in partnership with BTG Pactual Timberland Investment Group (TIG), marking the first deployment under its previously announced €100 million commitment to remove and store carbon.

Rwanda has upped its requested climate finance in its third Nationally Determined Contribution (NDC), saying it requires $12 billion to implement the plan out to 2035 – with a heavier portion now for adaptation.

Turkiye’s new Nationally Determined Contribution (NDC) maintains the country’s emissions reduction factor from its first plan, aiming for a 42% cut from business-as-usual by 2035.