A Brazil-based agricultural technology company has signed an exclusive agreement with a UK-based project developer to advance enhanced rock weathering (ERW) projects in the South American country, aiming to generate carbon removal (CDR) credits, they announced Monday.

The Amazonian state of Para submitted new documents to ART TREES, taking a further step towards its planned issuance of the first 38 million carbon credits under its jurisdictional REDD+ (J-REDD+) programme.

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.

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.

Ghana has proposed a new revenue-sharing framework to channel 5% of proceeds from Article 6 transactions into climate action, green industry support, and government administration, according to a senior environment official.

Smallholders at the centre - Social Carbon Foundation has launched a new methodology that recognises frontline communities as essential climate stewards, and makes sure to reward them fairly. SCM0011 - a methodology for avoided deforestation on smallholdings - is now open for public consultation until Dec. 17, and is being piloted with Quilombola communities in Brazil, the foundation said on LinkedIn. The methodology maps deforestation pressure using comparable neighbouring smallholder land, uses a Livelihood Vulnerability Index (LVI) to ensure the most climate-vulnerable farmers are prioritised, and guarantees a 50% revenue share to participating smallholders.

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.

The potential supply of credits available to buyers in Russia's carbon market should reach 100 million tonnes, according to the CEO of the country's registry operator, speaking at a side event in Belem.

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.

Nearly three-quarters of carbon removal (CDR) project developers surveyed by analytics firm CDR.fyi said they were seeking funding within the next six months, with more than 40% aiming to raise capital within three months.

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.

A British utilities firm specialising in renewable energy will stop using international carbon credits and invest instead in domestic carbon removals projects, according to a statement made last week. 

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.

A Berlin-based software firm and carbon credit marketplace are joining forces to connect carbon projects with corporate buyers, aiming to expand market access and streamline deals.

An African funding programme has invested €2 million to expand clean cooking solutions in Zambia, it announced last week.

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.

Rice methane reduction in Argentina – US carbon solutions provider AgriCapture has partnered with Latin America-based sustainability firm Upchar to expand its rice methane reduction project to Argentina, joining a network of regional partners supporting sustainable rice production across Latin America. The project, which already includes Brazil, Uruguay, and Paraguay, implements Alternate Wetting and Drying (AWD), reducing methane emissions by up to 70% and conserving 300,000 gallons of water per carbon credit generated. Through this partnership, farmers gain access to global carbon markets and financial incentives for adopting regenerative practices, AgriCapture said in a press release.

Soil organic carbon verification – Bureau Veritas has independently reviewed Canadian agtech ChrysaLabs’ approach to soil organic carbon (SOC) measurement, confirming its compliance with VM0042 v2.1 for Improved Agricultural Land Management, including technology-based SOC methods. This marks the first third-party validation of the scientific accuracy and repeatability of proximal sensing soil carbon measurement in the field, ChrysaLabs said on its website. As a result, project developers can confidently incorporate ChrysaLabs’ data into VM0042-aligned carbon projects.

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.

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.