Senegal expects to have its carbon market regulatory framework and national registry ready in the coming months, as the country moves to position itself as a frontrunner in Africa’s rapidly-expanding Article 6 landscape.

The Intergovernmental Panel on Climate Change (IPCC) has opened a call for nominations for experts to lead and contribute to its upcoming 2027 methodology report on carbon removal, capture, utilisation, and storage technologies, which have been deemed by the UN scientists as essential for keeping the world aligned with the Paris Agreement.

Mongolia is set to soon announce its partnership with Switzerland to facilitate carbon credit collaboration via Article 6 of the Paris Agreement, the country's environment minister said Wednesday.

A new Central African forestry initiative is circumventing the carbon market in order to reward the people and communities who plant trees, rather than those that cause deforestation in the first place, according to a government official from the Democratic Republic of Congo.

Turkiye has won the race to host COP31 in the resort city of Antalya in 2026, beating out Australia, with both countries agreeing to share the presidency in an unprecedented arrangement for UN climate negotiations.

China is using the void left behind by the US to become essential to the world meeting its climate goals – by offering its bounty of clean energy technology, as opposed to more traditional diplomatic leadership at venues like COP30, experts say.

Jet2 has cut its carbon compliance bill by more than a fifth in the first half of its financial year after locking in cheaper EU and UK ETS prices, with the UK leisure airline also boosting its 2026 emissions hedge to 90% as it prepares for higher obligations under expanding fuel-use and SAF-mandate rules.

A group of energy policy researchers has called on the EU to postpone, or entirely reconsider, its plan to apply the bloc’s new Carbon Border Adjustment Mechanism (CBAM) to imported electricity starting in Jan. 2026.

Industry preservation - The German Institute for Economic Research (DIW) has proposed a new tax that would affect imports and domestic production equally, which would operate alongside free allowances under the EU ETS and CBAM. The option would allow producers in the ETS to continue to receive free EUAs during the transition period as protection against carbon leakage. This so-called clean industry contribution into the EU ETS would raise €50 bln for investment in industrial decarbonisation while offsetting the shortcomings of the free allowances industry currently receives, Montel reported.

Norway and Senegal have signed a bilateral trade agreement under Article 6 on the sidelines of COP30 in Belem.

European carbon prices sagged on Wednesday even after weekly positions data from the ICE and EEX exchanges showed investment funds had continued to build their bullish profile last week by amassing their largest-ever total long position, while the expiry of November options added some volatility to afternoon trading.

The Council of EU member states has adopted its negotiating mandate on a revision of the bloc's anti-deforestation law, and will push to delay the regulation by a year until Dec. 2026 to give companies more time to prepare.

UK CCS progress - Further progress on carbon capture and storage (CCS) in the UK was announced by the Carbon Capture and Storage Association (CCSA) on LinkedIn. The UK Department for Energy Security and Net Zero (DESNZ) has confirmed that a new East Coast Cluster (ECC) Teesside selection process will launch in early 2026. This will create a new opportunity for carbon capture projects to connect to the network and use remaining storage space at Endurance - the North Sea site operated by the Northern Endurance Partnership (NEP). Further clarity is yet to be given on aspects such as timeline and funding allocation, eligibility criteria, and opportunities for non-pipeline CO2 transport.

Credits issued under all three scenarios of Verra’s jurisdictional REDD (J-REDD) methodology will be eligible for the Core Carbon Principles (CCP) badge, the Integrity Council of the Voluntary Carbon Market (ICVCM) said on Wednesday.

Countries across Latin America, Africa and Asia launched a joint initiative on Wednesday at COP30 to scale solutions that cut methane and nitrous oxide emissions from agriculture, while improving farm resilience and productivity.

A coalition of 43 environmental groups have urged the European Commission not to delay the launch of the Social Climate Fund, warning that a one-year postponement of the EU’s new Emissions Trading System for buildings and road transport (ETS2) could jeopardise vital support for vulnerable households and small businesses.

Triple A rating - Ratings agency BeZero Carbon has reaffirmed its AAA rating for the Climeworks Orca plant - a direct air capture and storage (DACS) facility in Iceland, the developer posted on LinkedIn. This required reviewing the plant's embodied emissions, amortisation approach, operational and transport-related emissions, geothermal energy and freshwater usage, storage and mineralisation data, and pre-2023 credit issuance as part of the reassessment of newer vintages from Dec. 2023 to June 2025. A triple A rating is the highest in the industry for carbon removal credits - intended to reflect their quality, durability, and effectiveness.

Ukraine can use both compliance and voluntary carbon markets to help finance its green reconstruction and reach its 2050 net zero goal, but it needs strict governance and alignment with Paris Agreement principles, according to an academic report.

The greater stability and private-sector integration in Article 6.2 make it more suited to durable carbon removals (CDR) than the Article 6.4 Paris Agreement Crediting Mechanism (PACM), according to the chief commercial officer at a removals standard.

AI is reshaping climate solutions by boosting forest-carbon modelling, troubleshooting complex systems, and applying climate-risk assessments across infrastructure sectors, according to experts speaking at a webinar on Tuesday.

Carbon removal industry stakeholders on Wednesday launched what they describe as the first openly available baseline contract intended to simplify and standardise durable CDR transactions.

Eight countries announced support on Wednesday for a Brazil-led initiative aimed at scaling billions of dollars in investment to restore farmland globally.

A US-based carbon removal (CDR) company is piloting an electrochemical process with Saudi Arabia’s water regulator to cut desalination emissions and enable permanent carbon removal across the Kingdom’s treatment network, it announced Wednesday.

Switzerland has announced that partial changes to its CO2 law relating to its Emissions Trading System (ETS) will come into force from the start of next year, to bring the Swiss ETS in line with that of the EU.

The Clean Development Mechanism (CDM) is on course to cease operations at the end of 2026, as parties in Belem appear to have finally agreed on a date to move on from the Kyoto Protocol-era crediting system.

SE Europe investments - Greece utility PPC Group is targeting €10.1 billion of investments in renewable energy, flexible generation, network expansion and modernisation, and customer-centric services across Southeast Europe, it said in a release Wednesday. The growth trajectory is expected to lead to EBITDA exceeding €2.9 bln by 2028. Among the investments are development of 6.3 GW of new renewable energy projects in Greece and Southeastern Europe, 1.5 GW of flexible energy assets, and steady network growth in Greece and Romania.

A 10-year plan by the government of Gabon has raised $180 million in commitments for conservation investments to protect an additional 3.4 mln hectares of land.

Day 9 at COP30 in Belem. It really is crunch time now. Brazil wants to force through a Belem Package of measures - made up of the hardest problems to solve like climate finance and fossil fuel phaseout - on Wednesday. Article 6 formalities could also well be wrapped up. Seasoned observers note with admiration how excellent the presidency has been so far, but there are still four days for fireworks.

The Council of EU member states and the European Parliament reached a deal on Tuesday to expand the scope of the bloc's Measuring Instruments Directive (MID) to include new devices central to the green and digital transitions, such as electric vehicle (EV) chargers, compressed gas dispensers, and thermal energy meters.

The European Commission has awarded more than €600 million in grants to 70 projects aimed at boosting alternative fuel infrastructure in a bid to accelerate the continent’s transition to zero-emission mobility.

Gold Standard on Wednesday opened public consultations on two new methodologies for early retirement of coal plants and other fossil fuel assets, as support for a roadmap for shifting away from non-renewable power sources picks up steam at COP30 in Belem.

G20 countries have the opportunity to collectively reduce 11 billion tonnes of C02e below expected levels by 2030 if they implement energy and methane mitigation goals agreed upon during the COP28 climate summit in 2023, according to analysis published Wednesday.

There has been pushback in the negotiating rooms at COP30 on the International Court of Justice's (ICJ) landmark advisory opinion on climate change, despite countries referencing it in public statements, Vanuatu climate minister Ralph Regenvanu said on Tuesday.

The start of a roadmap for the transition away from fossil fuels looks poised to be a defining outcome of Brazil’s COP30 climate summit – whether it’s agreed or not – as more than 80 countries threw their weight behind the proposal on Tuesday.