Brazil’s Ministry of Finance (MF) has released a detailed roadmap for implementing the country’s long-awaited emissions trading system (Portuguese: SBCE), which expects to reduce emissions from regulated sectors by 21% and raise $10 billion in auction proceeds by 2030.

Biofuel boost - A new report by 440 Megatonnes, a data platform by think tank Canadian Climate Institute, has found Canadians are consuming more biofuels in gasoline and diesel. It reported consumption is up and so are avoided emissions, correlating with biofuels policies implemented over the last two years across the country.

Blustery boost - Canada’s renewable electricity capacity is poised to expand through 2030, with an analysis released Wednesday from the Canada Energy Regulator (CER) showing wind power driving roughly 70% of planned additions. The CER said that more than 8,700 MW of new renewable capacity is expected nationwide, led by 6,206 MW of wind, followed by solar and hydro. Quebec, Alberta, and British Columbia are forecast to account for most of this growth, while Indigenous-owned or partnered projects continue to increase across regions. The CER noted that renewables would make up nearly 73% of national capacity by 2030, up from 70.5% in 2025.

A new Canada-Alberta deal would the country suspend net zero power regulations for its largest oil-producing province in trade for strengthening its largest carbon market.

Caribbean and small island representatives on Wednesday said that outcomes from COP30 remain insufficient to match the scale and speed of climate impacts already hitting vulnerable economies, arguing that finance access continues to lag despite new global pledges.

Former representatives from Brazil’s national development bank (BNDES) and a Sao-Paulo based project developer have launched a conservation company that seeks to generate REDD+ and blue carbon credits from public land.

A new direct air capture (DAC) modular hardware unit capable of removing 250 tCO2/yr has been installed at an Alberta facility, marking the latest addition to a growing lineup of DAC systems being piloted and optimised at the site.

A Singapore-based exchange is entering the race to benchmark the first phase of the international aviation offsetting scheme CORSIA, with the launch of a new spot contract next week.

Hopes the world will soon hit peak oil demand have been dented after COP30 ended without a direct reference to fossil fuels in the final decision text, but the world’s crude dependence still faces many twists and turns.

Better integrating biodiversity co-benefits into carbon markets could increase the demand for credits in agriculture and support the transition to more sustainable practices, according to a study released on Wednesday.

There's a growing narrative in the voluntary carbon market that supply is converging around higher and clearer quality standards, regulated schemes, and more focused demand signals - but in reality, with a rising number of crediting bodies, and buyers still reluctant to dive into purchases, the sector may still be fragmenting, according to experts.

Decarbonisation of the shipping and steel sectors is set to accelerate, a webinar heard on Thursday, with collaborations and climate finance streams in place to support their revolution.

Several countries are looking to issue Letters of Authorisation (LoAs) that would allow projects to supply carbon credits to the international aviation offsetting scheme CORSIA, but many say they prefer to have their Article 6 infrastructure fully operational before moving ahead.

British Columbia’s industrial carbon pricing system is largely delivering as intended, but the province will need tighter performance standards, clearer long-term price signals, and stronger limits on compliance flexibilities to stay on track for its climate goals.

A US-based carbon removals standard has launched a public consultation on a major update to its programme, seeking feedback as the organisation moves to tighten scientific, procedural, and accounting rules.

Delay, delay, delay – The EPA announced Wednesday that it had taken final action on extending several compliance deadlines for methane rules facing the oil and gas industry, claiming that the delay will save an estimated $750 mln over 11 years in compliance costs. The EPA originally announced in July that it was extending deadlines for the New Source Performance Standards – a Biden-era rule that aims to reduce emissions of methane, VOCs, and other GHGs from new and reconstructed sources – by 18 months. Additionally, the EPA is extending the Nov. 28, 2025 deadline for monitoring rules related to flares and enclosed combustion devices by 180 days. In a statement, the Environmental Defense Fund said the delay was rushed through by the Trump administration without meaningful transparency. The environmental organisation filed a lawsuit challenging the decision over the summer, which is ongoing.

Twenty-five new green shipping corridors were launched in 2025, bringing the total to 84 globally, despite the delay to the International Maritime Organization's (IMO) Net-Zero Framework, with China, India, and Brazil looking to capture opportunities amidst the regulatory uncertainty, said a new report.

A US-based nature-based solutions (NbS) company has received funding from tech giant Microsoft to expand its portfolio of peatland carbon removal projects, it said Monday.