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- Wed 23:57The Brazilian Development Bank (BNDES) has approved new credit operations totalling R$912 million ($172.3 mln) for reforestation projects in the country, it announced on Wednesday.
- Wed 23:53After years of waiting, the US EPA announced Wednesday that it has approved Texas’ application to permit and regulate Class VI carbon injection wells.
- Wed 23:31Interlinkages between carbon markets and other Paris Agreement items are being leveraged to smooth discussions in some rooms, but hit a nerve in others, according to civil society observers.
- Wed 23:22Quebec’s climate change committee has recommended the WCI-linked province integrate carbon sequestration into its climate strategy alongside new emission reduction targets.
- Wed 23:02The California regulatory overlooking carbon offsets reported an issuance of 696,000 units over the last three weeks without direct environmental benefits (DEBs) to the state, a slight increase in issuances following a slump recorded last period.
- Wed 22:55COP30 negotiations on the four main issues on the table – including how to plug gaps in climate finance and national commitments – are progressing well but need more time, the Brazilian presidency said on Wednesday evening, pushing the next plenary to Saturday.
- Wed 22:54Brazil is straddling a thin line between climate champion and fossil fuel producer, as the second fastest-growing oil supplier in the world over the past decade, but with slipping greenhouse gas emissions, according to Carbon Pulse analysis.
- Wed 22:25Mexican states are implementing their own carbon taxes in the absence of federal leadership, while the country's energy ministry (SENER) positions itself as coordinator of the fragmented carbon market landscape.
- Wed 21:59Host countries of Article 6 carbon projects say they need an army of experts to help them establish market frameworks and projects amid a looming capacity shortage, a COP30 side event heard on Wednesday.
- The newly launched Tropical Forest Forever Facility is creating a multi-billion dollar investment stream for tropical forest protection with a guaranteed share for Indigenous and local communities, even as conservation groups warn that emerging Article 6.4 rules risk sidelining nature-based solutions by imposing permanence requirements that could effectively exclude forests, soils, and blue carbon from the forthcoming global carbon market.
- Wed 21:25Another wind bites the dust – An offshore wind developer told the New Jersey Board of Public Utilities last week that it may pull the plug on a 2.4 GW project planned for 35 miles off the East Coast. Legal counsel for the Leading Light Wind project, Colleen Foley, submitted a letter to the utilities board Nov. 7 explaining the numerous challenges the company has faced in developing the project, according to Heatmap, which obtained a copy of the letter. The company no longer sees a way to complete the project and now wants to cancel it outright, the letter said.
- Wed 21:25Carbon on ice – Calgary-based Karbon-X, a climate-solutions company that develops and verifies carbon projects, has been named the official sustainability partner of Hockey Canada under a new multi-year agreement to integrate measurable environmental initiatives into national tournaments and grassroots programmes. The partnership will see ticket and registration options include contributions to verified Canadian-based climate projects that deliver community and environmental benefits. Financial terms were not disclosed.
- Wed 21:24Cutting hubs – The US Department of Agriculture’s (USDA) 10 climate hubs are among the victims within the Congressional spending bill that could lay the groundwork for ending the government shutdown. Senate Appropriations Chair Susan Collins (R-ME) released the Continuing Appropriations Act, 2026 this week, which cuts funding for Biden-era priorities like Climate Hubs. The USDA’s 10 hubs are located across the US and are designed to study and monitor potential climate change impacts. Research from the hubs informs climate adaptation strategies and helps farmers, ranchers, and foresters better understand how to implement nature-based solutions.
- Wed 21:22Turning up the heat – The US Chamber of Commerce and allied business groups filed an emergency application with the US Supreme Court on Monday, seeking to block enforcement of California’s corporate climate disclosure laws (Senate Bills 253 and 261) while their First Amendment challenge remains pending in the Ninth Circuit. The request follows ongoing litigation over measures requiring major firms to report GHG emissions and climate-related financial risks beginning in 2026.
- Wed 21:21The US offshore wind market has slowed significantly in 2025 following federal policy changes, funding withdrawals, and rising project costs, according to a report published Wednesday.
- Wed 21:00The Brazilian government launched on Wednesday the first concession of a national public forest for restoration, with revenues based on carbon credit sales.
- Wed 20:44Enabling social inclusion - The World Bank’s 2025 EnABLE initiative has published its annual report, which details progress in advancing social inclusion within results-based climate finance across 14 countries. In FY25, new programmes were launched in Ghana, Lao PDR, and Mozambique, with additional projects in the DRC and Guatemala to enhance participation of Indigenous Peoples, local communities, and civil society, the project said. The report introduces the Social Inclusion Framework and a companion good practices guide developed with CIFOR-ICRAF, alongside new partnerships, training initiatives, and communications platforms. EnABLE also strengthened collaboration with the World Bank’s SCALE program to integrate equity and inclusion across all climate finance operations.
- Singapore’s National Climate Change Secretariat (NCCS), together with Gold Standard and Verra, has published its final Article 6.2 Crediting Protocol, establishing a framework for governments to use existing, independent carbon crediting programmes to meet their national climate goals.
- Wed 20:01A group of countries led by Colombia are working on a declaration specifically addressing transitioning away from fossil fuels, according to a draft text seen by Carbon Pulse.
- Wed 19:55Pennsylvania lawmakers on Wednesday approved a long-delayed budget that directs the state to withdraw from the Regional Greenhouse Gas Initiative (RGGI), potentially making it the first Democratic-led state to exit the regional cap-and-trade programme.
- Wed 19:00A global forum representing Indigenous Peoples and local communities announced its new strategy Wednesday at COP 30, with the goal of embedding community rights and priorities at the centre of international climate finance and eliminating low-quality projects.
- Wed 17:01California Governor Gavin Newsom (D) at COP30 signed a series of agreements with international partners, seeking to reassure the global community of US commitment to addressing climate amid the absence of a federal presence in Belem.
- Wed 16:52The development of carbon border adjustment mechanisms (CBAMs) could foster international industrial partnerships to help close financing gaps for decarbonisation, proponents said on a side event at the UN climate summit in Brazil.
Direct Ocean Capture (DOC) – Norwegian energy firm Equinor and US-based CDR firm Captura have completed a two-year technology qualification programme validating Direct Ocean Capture (DOC) technology for commercial deployment, Captura announced Wednesday. The qualification effort took place at a 1,000-tonne-per-year pilot facility in Kona, Hawaii, testing 20 performance indicators including safety, CO2 removal efficiency, and MRV standards. DOC uses electrodialysis to extract CO2 from seawater for permanent storage or reuse, leveraging the ocean’s natural carbon absorption capacity. Captura is now assessing sites for its first commercial-scale facility capable of capturing 30,000-50,000 tonnes of CO2 annually, with potential locations in Europe, the UK, and Asia-Pacific.
- Wed 16:31Improved Forest Management (IFM) projects accounted for nearly 30% of all nature-based carbon credits issued in 2025, though many registries still struggle to label credits accurately, complicating purchases and limiting sellers’ ability to secure higher prices, analysts said.Â
- Wed 16:30Governments increasingly putting domestic priorities first can still find powerful incentives for international cooperation on climate change, according to a new discussion paper unveiled Wednesday at COP30, though action must be taken soon to avoid a $26 trillion finance shortfall by 2036.
- Wed 16:23Governments must splash out billions on procuring carbon removal (CDR) tonnes because the voluntary carbon market will not plug the gap, warned an expert.
- Wed 15:33The timing of peak oil demand depends on how quickly electric vehicles (EVs) can be deployed globally, the International Energy Agency (IEA) said Wednesday.
- Half of the global target to mobilise $1.3 trillion of public and private climate finance could be financed by private investors, and may be raised via carbon markets, according to an independent UN advisory group.Â
- Wed 13:53Carbon trading between developed and developing regions could help finance the deployment of enhanced rock weathering (ERW) in low-GDP areas and remove 22.9 billion tonnes of CO2 by 2075, a recent report has found.
- Wed 13:00At least 2 billion people live within five kilometres of fossil fuel infrastructure and face increased health and livelihood risks from pollution, land degradation and ecosystem loss, according to a report published Wednesday by two global advocacy groups.
- Day 3 at COP30 in Belem. Heavy rain and a big clash between protesters and UNFCCC security on Tuesday have somewhat dampened initial optimism for the summit, as crunch presidency updates are now expected on Wednesday that should signal where talks are likely to land over the coming days.
- Wed 07:04Governments in emerging markets and developing economies (EMDEs) need to ensure they have a mix of policies to incentivise finance for forests, as well as regulatory measures such as environmental markets, said a recent report.
- Wed 05:00The world could warm above 4C by the end of the century under current policies, the International Energy Agency (IEA) warned Wednesday in a stark report that said large-scale carbon removal (CDR) technologies will be needed to stop temperatures rising more than 1.5C.
- Turning marine carbon dioxide removal (mCDR) into a reliable source of carbon credits will require far more rigorous science and costly monitoring, scientists said Tuesday.
- Wed 00:40Even though no Article 6 negotiations are slated for COP30, "difficult discussions" about a recently approved permanence standard dog implementation of the new Paris Agreement Crediting Mechanism (PACM) – with some countries reportedly threatening to reopen agreed texts to try and cement a stronger role for nature-based projects in the new market.
