Parties are not expected to reopen adopted texts governing the Paris Agreement Crediting Mechanism (PACM), despite strong interventions in talks earlier this week at COP30 made by countries raising concerns with a permanence standard affecting new Article 6 carbon projects.

Electrification outage – New York State agreed in a federal court filing on Wednesday to delay implementing its All-Electric Buildings Law until the Second Circuit rules on an industry challenge, despite previously arguing that postponement would cause “irreparable harm” to residents. The move drew sharp criticism from non-profit environmental legal firm Earthjustice, which said the decision undercuts Gov. Kathy Hochul’s (D) stated commitments on energy affordability and climate policy. The law, passed in 2023, requires new low-rise buildings to be fully electric starting in 2026 and expands the mandate to all new construction by 2029.

A Canadian net zero nickel project has been added to Prime Minster Mark Carney’s nation-building projects list, marking an important milestone for the carbon removal (CDR) sector. 

Not a great look - G7 countries are outpacing Canada in reducing their emissions, according to a new insight by 440 Megatonnes. The data platform, by Canadian climate think tank the Canadian Climate Institute, said COP30 is a good time to put Canada’s emissions reduction progress into a global context – especially considering it was the 10th-largest emitter in 2024 and among the highest in per-capita terms. While Canada has reduced its emissions by nearly 9% since 2005, the average reduction is more than 30% among its partners, including the US which beat out Canada for the second-last spot at 17%.

Jet fuel boon - US-based alternative fuels tech company, LanzaJet, has announced its LanzaJet Freedom Pines Fuels facility in Soperton, Georgia is fully operational – marking both the world's first production of jet fuel using ethanol as a feedstock at a commercial-scale plant, and the first non-oil-based renewable solution compatible with modern aircraft. The company said the development is the culmination of 15 years of research and development.

Washington state regulators on Thursday outlined proposed changes to how electric utilities receive and use no-cost carbon allowances under its cap-and-invest programme, including revised allocation calculations, updated administrative-cost relief, and potential consignment requirements for the next compliance period.

As a marine CO2 removal (mCDR) company scopes out sites to capture up to 50,000 tonnes of CO2 per year, experts on the sidelines of COP30 emphasised the gaps in science and governance of the sector at large.

A New York-based green hydrogen company announced this week that it is suspending activities related to a $1.7 billion US DOE loan and halting work on six hydrogen facilities as it pivots to serving the growing data centre market.

The Brazilian-led tropical forest fund has been clouded by uncertainty at COP30, despite receiving over $5 billion in pledges upon its launch ahead of the annual UN climate summit, with hopes now pinned on Germany, China, and multilateral development banks (MDBs) to keep the flagship initiative moving forward.

Climate ties – Pakistan and Canada moved to strengthen collaboration on climate resilience and sustainable agriculture during a meeting between Climate Minister Musadik Malik and Canadian High Commissioner Tarik Ali Khan, APP reported Thursday. Talks centred on climate-adaptive agriculture, community welfare, and sustainable economic growth, with Canada offering support on climate-smart technologies through G2G channels. Malik cited Canada’s balanced clean-energy and carbon-management approach as useful for Pakistan’s green transition and outlined the Green Clusters initiative to spur youth-led innovation. Khan welcomed Pakistan’s facilitation of canola oil imports, and both sides agreed to maintain structured dialogue on climate and development cooperation.

Regulation ramifications – A working paper by IETA and consulting firm EOS published this week found requiring potential future sales of ITMOs by Brazil come only achievement of NDC targets would mean that national carbon markets would be curtailed in their economic, social, and environmental potential. Instead, the study found that revenues obtained from the cooperative implementation of NDCs, if reinvested in greater climate ambition, could more than double emissions reductions in the country. Feedback was requested on the working paper, which authors said would be refined.

Goias has signed a memorandum of understanding (MoU) with non-profit Emergent to explore future sales of jurisdictional REDD+ (J-REDD) credits to the LEAF Coalition, becoming the latest Brazilian state to signal its intent to access large-scale forest finance under the initiative.

Brazil is in "advanced talks" with Switzerland and Singapore for Memorandums of Understanding (MoUs) for cooperation under Article 6.2 of the Paris Agreement and could announce agreements during COP30, government sources told Carbon Pulse.

A Canadian-headquartered carbon credit financier has swung to a quarterly profit after sweeping cost cuts and cash recovered from disputed projects, though the company continues to grapple with stalled, abandoned, or contested carbon streams across its portfolio.

New data shows major Canadian corporates have made incremental progress across most climate disclosure indicators, with more detailed transition plans emerging even as most were developed without input from workers, communities, or Indigenous rights holders.

Projects that remove super pollutants from the atmosphere represent the biggest short-term opportunity to tackle emissions – even if they will have to be replaced with permanent removals in the long term, according to a large corporate carbon removals buyer.

Less than two months from the deadline to approve transitions from the Clean Development Mechanism (CDM) to Article 6 of the Paris Agreement, only 7% of projects and programmes have received approval, the UNEP Copenhagen Climate Centre wrote in its monthly update.

Differences in financing terms can more than double the price of carbon removal (CDR), a climate expert said this week.

A New York-based carbon removal (CDR) asset management company is kicking off its expansion into biochar with a sale of 3,000 ex-post credits valued at $154-$160 per tonne of CO2 equivalent.

The Alberta government will invest nearly C$30 million ($21.4 mln) from its Technology Innovation and Emissions Reduction (TIER) fund into two programmes aimed at reducing methane emissions from the province's oil and gas sector.

Carbon pricing data from 79 countries, covering 82% of global GHG output, shows increasingly diverse and flexible market signals, tracked through effective carbon rates (ECRs), with adoption spreading across new jurisdictions and sectors, a report released on Thursday has found.

A Colorado-based measurement, monitoring, reporting, and verification (MMRV) company will partner with a UK-based carbon market consultancy to accelerate high-integrity soil carbon projects out of Central Asia.

Brazil can take the lead in scaling up the global nature-based solutions (NbS) sector, though further efforts must be made to align existing instruments with investor needs, an expert told Carbon Pulse.

ICAO has approved six of Isometric's methodologies for engineered removals under the UN's CORSIA aviation offsetting system, backing a wider suite of CCS, direct air capture (DAC), and biochar methodologies.

Equitable Earth on Thursday launched a new REDD+ methodology on the sidelines of COP30 in Belem, aiming to accelerate the certification of high-integrity, community-led forest conservation projects across multiple continents.

Cote d’Ivoire has signed a purchase agreement worth $23 million with a US non-profit to commercialise verified jurisdictional REDD+ emission reductions and removals issued under the World Bank’s Forest Carbon Partnership Facility (FCPF).

A US-based philanthropy has announced $5.4 million for strengthening the resilience of food systems by funding farmers producing food for school meals, focused initially on Brazilian initiatives.

Day 4 at COP30 in Belem. A brief presidency update, calmer rain and cooler protests, and a flurry of (more) announcements from Brazil kept the week ticking along on Wednesday. Closed-door talks continue on Thursday on climate finance, trade concerns, and other contentious matter, as delegates will now have to wait until Saturday for a formal update on the state of negotiations. 

A proposed mechanism to coordinate and support the global just transition has proven to be a flashpoint at COP30, with the G77+China facing off against developed countries including the UK over it.

A regional Brazilian development bank and two states have provided over R$178 million ($33.6 mln) in funding to support forest restoration in the Northeast region of the country, it was announced at COP30 on Wednesday.

Digging in – Turkiye’s President Recep Tayyip Erdoğan has written to Australian Prime Minister Anthony Albanese to reaffirm the country’s desire to host next year’s COP31, the PM told the ABC on Thursday. The letter was received in the past 24 hours, he added. Albanese has been in contact with Pacific leaders about the development, he said. This comes after representatives from the Pacific Islands have offered to help negotiate an agreement and end the stalemate over next year’s hosting duties.

Global CO2 emissions from fossil fuels are projected to rise by 1.1% in 2025, reaching a record 38.1 billion tonnes, according to a report published Thursday, despite recent UN predictions that the world is about to peak its GHGs.

Experts forecast fossil fuel generation will remain flat for 2025 – the first time since the Covid-19 pandemic – with clean power growth led by China and India through the year so far, according to new analysis published Wednesday.

Global ambition to limit warming below 1.5C has barely shifted, despite a new round of 2035 Nationally Determined Contributions (NDCs), with projections remaining roughly unchanged at 2.6C of warming by end of the century, according to a new report launched at COP30.