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.

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.

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.

Brazil and international partners have launched the Bioeconomy Challenge at COP30, marking the first time bioeconomy has been formally integrated into the COP Action Agenda as a pathway to achieve climate and development goals, the host country said.

As the UN climate conference opens in Belem, Brazil is stepping into the spotlight with an ambitious agenda built around forests, carbon markets, and energy transition — hoping to turn COP30 into the “COP of forests and implementation”.

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.

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).

Corporate action maps - The Global Reporting Initiative (GRI) has launched a new tool to help organisations align their climate reporting with recommendations from the UN High-Level Expert Group on the Net Zero Emissions Commitments of Non-State Entities, using the GRI Standards, it announced on Monday. The Integrity Matters Checklist helps businesses, investors, and others report on their efforts to cut GHGs, implement transition plans, and reduce investment in fossil fuels.

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.

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.

Some $1.08 trillion could have been raised for climate action since the Paris Agreement was signed in 2015, if the world's 100 largest oil and gas companies had been charged a 20% tax on their profits, a think tank has calculated.

The Australian government has released a guide to investing in its net zero transition based on its Nationally Determined Contribution (NDC), aimed at international investors, it said on Monday.

Human ingenuity and technological developments will help the world cut emissions to get back on track to limit the global average temperature increase to 1.5C, former UN climate chief Christiana Figueres told Carbon Pulse in an interview ahead of COP30.

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.