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- Papua New Guinea has been progressing its Article 6 implementation agreement with Singapore, as it aims to slowly “road test” its newly established carbon markets to ensure they provide value to landholders.
- Two blueprints vying to unite Southeast Asian countries under a common carbon market framework on Thursday pitched near-identical endgames while insisting their approach is most ideal to turn nature and tech projects in the region into bankable, high-integrity carbon credits.
- 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.
- Thu 22:57An autonomous region of Spain has opened a call for expressions of interest to launch its voluntary carbon market, marking the next step in implementing Spain's first regional carbon trading system.
- Thu 22:43Investment pitch - The Indonesian province of East Java on Thursday pitched its carbon trading ambitions and investment prospects to Singapore, highlighting opportunities in carbon credits, education, health, and wider economic cooperation, RRI reported. The two sides also discussed expanding collaboration, including on sustainability and skills development, during the province governor's visit to Singapore.
- Thu 22:22As 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.
- Thu 22:04The 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.
- Thu 20:00Goias 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.
- Thu 17:11Differences in financing terms can more than double the price of carbon removal (CDR), a climate expert said this week.
- Thu 16:00A 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.
- Thu 15:16Brazil 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.
- Thu 14:00Equitable 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.
- Thu 14:00Cote 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).
- Thu 11:42A Japanese agtech startup has suspended plans to generate carbon credits from rice paddies in regions where severe drought will make mid-season drainage impossible in fiscal year 2025, it announced on Monday.
- Thu 10:38A 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.
- Thu 06:30A soil carbon project in India has received a $30 million investment from a Paris-based investor, with the initiative set to generate carbon credits from smallholder farmers adopting regenerative practices.
- Thu 01:20A 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.
- Thu 00:01Global 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.
