Paraguay has unveiled the implementation plan for its Article 6 partnership with Taiwan, prioritising electric mobility and reforestation as the backbone of a joint carbon credit pilot, local media reported.

Italy, supported by Greece and Malta, wants to temporarily exclude the maritime sector from the EU's Emissions Trading System until a UN agreement is reached on the adoption of a global carbon pricing mechanism.

Adaptation gap - Among the COP30 outcomes was a new target to 'at least triple' finance for climate adaptation in developing countries by 2035, but the goal is less ambitious than it seems, argues CarbonBrief. Firstly, it pushes back the proposed tripling target by five years to 2035, meaning far less adaptation finance in the near term, and it also removed a mention of 2025 as the base year, adding uncertainty as to what precisely the 2035 target means. Secondly, the new target is looser than the previous 'doubling' goal for adaptation finance 'provided' by developed countries, as it covers finance source not covered under the previous goal. Specifically, it says the tripling targets is 'in the context of' the new collective quantified goal (NCQG), which covers finance from a number of sources, including 'mobilised' private finance and voluntary contributions from wealthier developing countries. Thirdly, the tripling target falls well short of developing countries' adaptation needs, estimated by UNEP to hit $310 bln annually by 2035. So the new target would only cover a fraction (not more than a third) of their own estimated and UNEP estimated needs in coming years.

The European Parliament and Council of EU member states are expected to reach a deal on the bloc's 2040 climate targets when they next meet on Tuesday, although the issue of international carbon credits remains a sticking point, according to sources.

Zimbabwe has opened negotiations with several countries to develop bilateral agreements for carbon credit trade under Article 6.2 of the Paris Agreement, including Singapore, Switzerland, and Malaysia, a government official said Thursday.

Eight EU countries have banded together form an early movers' coalition to develop electro-sustainable aviation fuels (eSAFs), in an effort to push more production and uptake, the European Commission announced on Thursday. 

High-integrity natural climate solutions (NCS) carbon credits are essential to effective, efficient and equitable climate policy, including under Paris Article 6.4, write eleven scientists and researchers in response to a recent Nature comment.

Brussels will propose that companies from countries where significant Carbon Border Adjustment Mechanism (CBAM) avoidance is detected be limited to using default, country-level emissions reporting values, the centre-right European Parliament lawmaker leading on climate issues told Carbon Pulse on Thursday.

Uncertain elements of the EU's carbon border fee, such as whether it covers indirect emissions, will determine whether the policy acts as an effective trade barrier, or poses a competitive advantage, an industry conference heard this week.

A UK-backed climate programme will help Indonesia develop carbon market infrastructure via a 15-month technical assistance contract as the country seeks to close a $473 bln climate finance gap by 2035.

A startup risk management company is investing in electric cookstoves in Sub-Saharan Africa to ward off integrity concerns that is sees as undermining Article 6 trading, an executive told Carbon Pulse.

The Chinese government has given the greenlight to three new methodologies for its domestic offset programme, all nature-based solutions (NbS).

The New Zealand government has formally rejected the Climate Change Commission’s (CCC) advice to tighten its emissions targets across all sectors, almost two weeks after the deadline.