A global coalition of more than 250 governments and international institutions launched a roadmap for implementation of Nationally Determined Contributions (NDCs) on Monday at COP30, complete with millions in funding to support the group from two countries.

COP30 talks resumed on Monday with cautious optimism, based on a Brazilian proposal that tended to favour the developing world’s position on contentious issues such as climate finance and trade. 

The EU insisted its carbon border fee is not a "unilateral" trade measure on Monday, addressing criticisms from countries such as China that have again brought CBAM to the forefront of multilateral discussions inside the negotiating rooms of COP30.

Global methane emissions are continuing to rise and remain inconsistent with international temperature goals despite a rapid increase in national pledges, according to a new UN report released on Monday.

As the COP30 climate summit in Belem heads into its second week, India is seeking progress on climate finance, adaptation, and more loss and damage funding, even as calls for its overdue national climate pledge for 2035 grow louder.

The Brazilian COP30 presidency shifted into "task force mode" on Monday, extending negotiating hours to make headway on a proposed Belem Package that it hopes to gavel through by Wednesday.

A new, longer document on Article 6 non-market approaches (NMAs) published Sunday still finds the whole text in brackets, as other COP30 debates play out symbolically in the typically uncontroversial text, according to observers.

More than 35 governments and philanthropies pledged on Monday to support Indigenous, local, and Afro-descendant communities in reversing forest and biodiversity loss and land degradation through a $1.8 billion fund over the next five years.

Using hemp as a biochar feedstock could remove 10 billion tonnes of CO2 per year by 2035 at low costs without requiring extensive land use or major investments, according to a new study.

A senior Australian bureaucrat said the government was assessing how the recent International Court of Justice (ICJ) advisory opinion could affect government policies, as the country signs on to NDC partnership and industrial decarbonisation initiatives

The latest text on closing the Clean Development Mechanism (CDM), being negotiated at COP30, still lacks a sum of funds to transfer from the Kyoto Protocol-era system, in order to ease an urgent finance shortage in Article 6 markets.

A total of 11 governments now endorse recently released shared principles that are designed to help scale responsible use of carbon credits to meet global climate goals.

A Swiss climate consultancy and carbon investor on Monday signed a letter of intent (LoI) for a credit offtake agreement with an Indonesian project developer at the COP30 climate summit in Belem.

Scientists are sending up flares that carbon removals (CDR) do not deliver equal-and-opposite climate effects when matched tonne-for-tonne with CO2 emissions, highlighting how carbon cycle asymmetry complicates net zero accounting in a recent webinar on the climate impacts of CDR.

Over 383 million tonnes of CO2 have been abated by carbon capture and storage (CCS) since 1996, claimed a report published Monday.

Integrity continued to drive prices last week, after the pre-COP30 tide that had lifted the market ebbed away, and the forestry sector was left battling again to be included in Article 6.4.

Companies and financial institutions are unwittingly exposed to at least $279 billion of financial risk due to the continued destruction of the world’s forests, according to a report published by an environmental disclosure non-profit on Monday.

A group of countries, civil society representatives, and the private sector launched a new coalition to support jurisdictional REDD+ (J-REDD+) programmes gain scale at COP30 on Monday.

G20 countries are failing by a wide margin to deliver the emissions cuts needed to keep the 1.5C target within reach, a report published Monday has warned, calling for an immediate, binding global response plan from the world's richest nations.

Sold out - Indonesian energy firm Pertamina on Monday said it sold 32,060 carbon credits from its biogas power plant to banks, trading firms, and extractive industries. Out of a total 35,475 credits from the power plant, 90% have already been sold, the company said. Indonesia is organising buyer-seller sessions at COP30 in Belem, where Pertamina signed a deal for 13,000 credits from the same power plant last week. Overall, the government intends to use the summit to sell over 90 mln units.

Indonesia on Monday launched its blue carbon action guide and roadmap to support the government integrating blue carbon ecosystems, such as seagrass and salt marsh, into later Nationally Determined Contributions (NDCs).

A coalition of companies involved in palm oil, cocoa, rubber, coffee, and wood urged EU policymakers to resist calls to delay the bloc’s anti-deforestation law and instead introduce it with a grace period at the end of the year.

Dozens of Japanese companies have endorsed a government-led initiative to support the overseas deployment of Japan’s emission reduction technologies for the agricultural sector while utilising the Joint Crediting Mechanism (JCM).

South Korea has for the first time announced its commitment to stop building new unabated coal power plants and phase out existing assets, amid growing interest at COP30 around establishing a global roadmap to move the world away from fossil fuels.

A string of new countries have joined the Premium Flyers Solidarity Coalition, which is linked to an initiative to implement new global levies on the rich and high-emitting sectors, in a bid to boost "solidarity" for those most affected by climate change.

Oil and gas majors are expected to maintain a disciplined investment approach over the next decade, with transition bets such as carbon capture and storage (CCS) remaining selective. In contrast, utilities face a more robust investment climate, fuelled by surging electrification and data centre demand, according to a new report.

The European Union is preparing to turn down India’s push for an exemption from the bloc’s incoming carbon border levy next year, which could complicate efforts to conclude a free-trade agreement between the two economies.

Ministers will begin COP30 negotiations on Monday working off a Brazilian summary that lays out broad boundaries for an agreement on the four biggest issues – but with little clarity on what an agreement would look like, and old tensions likely to resurface.

Japan JCM expansion – Japan’s environment ministry has selected a new project under its Joint Crediting Mechanism (JCM) facility, approving a geothermal upgrade initiative in the Philippines in the second round of funding. The project will rehabilitate the power generation system at the Palinpinon geothermal plant on Negros Island by replacing two ageing 37.5 MW steam turbines with higher-efficiency 42 MW units, delivering an estimated 37,180 tCO2 of annual emission reductions. The ministry said it will continue advancing the overseas deployment of low-carbon technologies through the JCM in line with Japan’s plans for decarbonisation.

Pakistan GGGI pact – The state of Punjab in Pakistan has signed an agreement with the Global Green Growth Institute (GGGI) during COP30 in Belem, Brazil, in a step to strengthen Pakistan’s capacity in global carbon markets, promote green financing projects, and convert provincial climate initiatives into international carbon credits. The collaboration will support green growth initiatives including water and sanitation, e-mobility, smog mitigation, and afforestation under the “Plant for Pakistan” programme.

Multilateral development banks (MDBs) have released a 'playbook' aimed at mobilising large-scale private investment into ecosystem protection, setting out a model to treat natural systems as infrastructure assets while using biodiversity credits.

ERW credits – Isometric has issued Alt Carbon's first verified carbon removal credits for enhanced rock weathering (ERW) to be delivered to shipping company Mitsui O.S.K. Lines. The 221 credits were generated by the developer's Darjeeling Revival: Alt x MOL project in West Bengal, India. They were certified under the removal registry's Enhanced Weathering in Agriculture Protocol, it said on its website Monday.

India clean energy investment deal – ReNew Energy will invest around INR 820 bln ($9.3 bln) in India’s state of Andhra Pradesh to expand its clean energy footprint, and has signed four MoUs with the state government to support projects, it announced. The company plans to establish a 6 GW ingot-wafer photovoltaic plant, a 2 GW pumped hydro project, a green ammonia facility, and a hybrid wind-solar and solar-plus-BESS projects in the state. ReNew’s latest commitment builds on an investment of $2.5 bln made earlier this year for a hybrid renewables-storage project in Andhra Pradesh.

Things are hotting up at the summit as ministers now arrive to push forward on key talks, which come after a rumoured 40,000+ people took to the streets on Saturday to march for climate justice.

India's green H2 – India is positioning itself to capture around 10% of the global green hydrogen market by 2030, Minister of State for New and Renewable Energy & Power Shripad Y Naik said during a conference in New Delhi. The minister noted that the nation’s non-fossil fuel power capacity has reached nearly 260 GW, which has allowed India to transition towards the ‘Green Hydrogen Revolution’ – converting renewable strength into ‘clean molecules’ that can decarbonise industries, fuel transport, and enable global trade. He added that India’s green hydrogen sector is expected to grow at an annual rate of 20-40% over the next decade, and urged state governments and investors to scale up electrolyser manufacturing and commercialise green hydrogen production.

Nepal forest pay – Nepal has received $9.4 mln from the World Bank’s Forest Carbon Partnership Facility (FCPF) after reducing around 1.88 MtCO2e in its Terai Arc Landscape REDD+ programme, marking the country’s first payment under its Emission Reductions Payment Agreement. The World Bank said the funds will be distributed through Nepal’s benefit sharing plan, developed with local communities and Indigenous Peoples.

An Australian mining giant has signed a joint development agreement with an environmental technology company to support the construction of a demonstration zero-emissions steel plant, it said on Monday, ringfencing at least A$35 million ($22.8 mln) for the project.

Australian and Turkish leaders will seek to resolve their stalemate to host COP31 by the end of this week, otherwise the UNFCCC process will move into uncharted territory, according to observers.

The Liberal-National opposition coalition in Australia has set out its new energy policy, featuring proposals to expand gas exploration, lift the moratorium on nuclear power, and replace the Safeguard Mechanism with a different baseline-and-credit scheme.

A new Article 6 text concerning the Paris Agreement Crediting Mechanism (PACM) would see countries back decisions on permanence, baselines, and additionality made by technical experts earlier this year.