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.

Final negotiations on the EU’s 2040 climate target are likely to be “swift”, but the quantity, quality and potential EU ETS use of international credits is unlikely to be further clarified as part of these, according to a new analyst briefing on Wednesday.

EU carbon prices overcame early pressure from sharply weaker natural gas and power prices to resume their upward momentum on Thursday, turning a loss of as much as 0.8% into a gain of as much, as 1% as dip-buying triggered a strong recovery that was called a "statement of intent" by one participant.

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.

The new draft Corporate Net-Zero Standard by the Science Based Targets initiative (SBTi) encourages companies to use procurement and value chain partnerships to achieve their net zero targets, including sharing responsibility for buying carbon credits, experts told a webinar Thursday.

Call for experts - Standard body Equitable Earth (EE) is seeking applications for a new advisory body that will guide development of methodologies and practices to ensure they are grounded in local rights, realities, and knowledge. EE intends to bring together representatives from diverse regions, cultures, and ecosystems for its Indigenous Peoples & Local Communities (IP & LC) Working Group, which will start work in the second quarter of 2026. Members serve two-year terms with an option for renewal. EE will provide translation, interpretation, and accessibility support to ensure a fully inclusive process.

Up in the air - UK exporters may still face EU carbon border charges even if the two jurisdictions formally link their carbon trading systems (ETS) by 2027. According to Energy UK, speaking to Montel News, such linkage on its own would not automatically shield UK exports from costs under the EU Carbon Border Adjustment Mechanism (CBAM). In other words: while ETS linkage is meant to harmonise carbon pricing between the UK and EU, it does not guarantee exemption from CBAM levies. UK companies exporting to the EU could therefore still incur additional border-related carbon costs, the UK energy l0bby said.

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.

The developer of a forestry project in Ghana is turning to biochar to help its plantations weather the evermore unpredictable rainy seasons – and intends to sell the biochar credits to balance the cost of producing it.

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.

Failing to kickstart the EU’s anti-deforestation law this year could cause millions of tonnes of greenhouse gas emissions, biodiverse habitat destruction, and water cycle disruption, experts told Carbon Pulse.

The Swedish Energy Agency has awarded SEK 390 million (€35.5 mln) to a green steel producer to support the construction of a large-scale, low-carbon plant in Boden.

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.

Front-December European carbon allowances have seen less trade in 2025 than over the same period in 2024, as analysts suggest activity could now pick up through to the end of the year and close a current 150-Mt gap to last year's total.

The European Union could cause a huge spike in biofuel demand if the use of waste feedstocks like animal fats, used cooking oil, and palm oil byproducts are allowed to fuel cars after 2035, warned a lobby group.

The European Commission on Thursday released a strategy to scale the bioeconomy, facing concerns that it lacks the ambition needed to reduce pressure on ecosystems.

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.

Algae mitigation - Remediation of harmful algal blooms in lakes can significantly mitigate GHG emissions and provide durable carbon storage, according to a new study. The research strengthens the scientific basis for water-based mitigation of these blooms such as that carried out by BlueGreen Water Technologies. It found that treating blooms prevents their decomposition that otherwise releases significant methane and nitrous oxide, and that 23–45% of bloom-derived biomass carbon becomes stabilised in lake sediments for millennia after treatment. BlueGreen estimates its powder for algae self-destruction has the potential to remove 5-15 billion tonnes a year of carbon from fresh water, and 50-100 bln tonnes from the ocean.

The European Commission on Thursday proposed tightening the Market Stability Reserve (MSR) for the EU’s planned carbon market for buildings and road transport fuels (ETS2), unveiling three new safeguards aimed at curbing excessive price spikes when the system starts.

Kazakhstan has strengthened its 2035 climate target and laid out an extensive roadmap for entering international carbon markets under Article 6 of the Paris Agreement, as well as overhaul its emissions trading system, according to the country’s latest climate plans.

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.

Ahead of the game - Ethiopia has appointed its Minister for Foreign Affairs Gedion Timothewos as the COP32 President-Designate. Timothewos is a 47-year old lawyer and shall preside over the UN climate summit when it comes to Addis Ababa in 2027. Ethiopia will host COP32 talks, it was confirmed at COP30 in Brazil recently. Ethiopian Prime Minister Abiy Ahmed has recently referred to the successful COP bid as "Africa speaking with one voice", and flagged Ethiopia's strong climate credentials with its Green Legacy reforestation program and renewable energy - 90% of which comes from hydro.

VCM partners - AlliedOffsets has announced it is partnering with climate consultancy First Climate to help their teams evaluate carbon projects and track market trends and policy developments. First Climate supports companies with their climate strategies including carbon credit buying and ESG reporting. AlliedOffsets is a source of data, insights, and intelligence on the voluntary carbon market.

After years of development, the Australian government has finalised the updated landfill gas Australian Carbon Credit Unit (ACCU) method, it announced Thursday.

Reaffirmation - Japan in a statement published Thursday reiterated its commitment to facilitating cooperative approaches under the Paris Agreement through partnerships under its Joint Crediting Mechanism (JCM), saying it will focus on securing long-term investment and streamlining rules and procedures for broader participation. The statement was first announced by Japan's Environment Minister, Hirotaka Ishihara, at a JCM meeting during COP30. Japan, aiming to secure 100 mln JCM units by FY2030, has formed JCM partnerships with 31 countries since the launch of the scheme in 2013, supporting around 280 international emissions reduction projects.

The information and communications technology (ICT) arm of Japan's leading telecommunications group is seeking to deepen its involvement in the Article 6 carbon market through a newly built partnership.

The UK is preparing to enshrine its new Carbon Border Adjustment Mechanism (CBAM) into law, taking effect from 2027, the government announced on Wednesday evening. 

Lagos is on track to unveil the first functional greenhouse gas emissions registry by a major African city early next year, creating infrastructure for future carbon trading in Nigeria's commercial capital.

Finland could meet its 2035 carbon neutrality target with a mix of nature-based and technological carbon dioxide removals (CDR), but success will hinge on decreased forest harvesting and access to geological storage, according to a new report.

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.

Forestry for the future – The Australian government has designated the forestry sector a priority industry under its Future Made in Australia, it announced on Thursday, backed with a A$300 mln ($196 mln) Forestry Growth Fund. The government will work with the sector to identify net zero pathways as well as on building economic resilience. The cash will be split evenly between concessional finance to modernise processing and grants to support industry growth. This followed the brokering of a deal with the Greens for the party’s support for broader environmental law reforms, which included the phasing out of exemptions from Regional Forestry Agreements.

A revision in onsite abatement at facilities covered under Australia’s Safeguard Mechanism has led to demand for Australian Carbon Credit Units (ACCUs) to be higher beyond 2030, annual government projections released Thursday forecast.

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.

Relationship renewal – Japanese shipping company Nippon Yusen Kabushiki Kaisha has renewed its partnership with BHP to explore the decarbonisation in the shipping industry, it said in a press release Tuesday. The updated MoU specifies the two will continue to collaborate on research for ammonia-fuelled ships, biofuel trials, and other measures to lower the sector’s emissions.

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.

Ratings and removals – Climeworks, a Swiss direct air capture company, said on Wednesday it has partnered with Sylvera, a UK-based carbon-credit rating and intelligence platform, marking its second collaboration with a major ratings firm after BeZero Carbon. The companies said the partnership is intended to expand project-level assessment of carbon removal and make it easier for businesses to evaluate and invest in high-quality removals that offer verifiable climate impact.

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.