Ce-meant to be - Carbon capture developer 44.01 and construction company Holcim announced a pilot project capturing emissions at a cement plant in the UAE. The technology will capture 5 tonnes of CO2 daily from cement production and permanently store it underground, where the CO2 will mineralise – the developers called the effort the first to combine in-situ mineralisation with carbon capture in this hard-to-abate sector. The project will be located in Fujairah, UAE, with the support from the government organisation Fujairah Natural Resources Corporation.

US oil and gas exporters are urging the European Commission to make certain adjustments to the EU Methane Regulation (EUMR), claiming that the rule is impossible to comply with and jeopardises the EU’s energy security.

Revisions to the EU’s Carbon Border Adjustment Mechanism (CBAM) will impose significantly higher carbon costs on importers across steel, aluminium, cement, and fertilisers, according to new research from a US investment bank.

Carbon credits insured against the risk of double counting have for the first time been tagged as eligible for the CORSIA international aviation offsetting scheme.

Wrapped up - A marketplace focused on carbon removals has facilitated over 1.5 million tonnes of trade this year, it announced on Monday. Reviewing the last 12 months, Carbonfuture, which is based out of Freiburg in Germany, noted successes which include closing a new funding round. Carbonfuture closed a Series A funding round, led by existing investor SIX, and the operator of the Swiss Financial Market Infrastructure. The company also drew attention to its role facilitating a large biochar agreement, it said. Carbonfuture helped to put together the deal - a 10-year commitment to remove at least 1.24 mln tonnes of CO2 - via its partnership with Microsoft and Exomad Green.

Time to deliver - UK Energy Secretary Ed Miliband has appointed a new Clean Power 2030 Advisory Commission, it was announced Monday. The new body, made up of energy experts from industry and academia, will focus on the delivery of the government's clean power plans over the next three years. The Commission will try to ensure UK energy consumers benefit from clean sources of power without compromising their energy bill costs, and the group are also tasked with helping the clean energy industry to grow. Cathy McClay will become the new Flexibility Commissioner, a statement published on Monday said.

On my mind - Georgia’s government has proposed new greenhouse gas emissions regulations to align national climate policy with EU standards. The draft law would amend Georgia’s Law on Environmental Protection to establish a monitoring, reporting, and verification (MRV) system for emissions and introduce greenhouse gas permits from 2026. The proposal reflects commitments under the EU-Georgia Association Agreement and the Energy Community Treaty, drawing on principles similar to the EU ETS and broader EU climate rules. The reforms aim to improve transparency, strengthen climate governance, support emissions reduction efforts, and further harmonise Georgia’s environmental legislation with European regulatory frameworks. (Georgia Today)

The Dec-25 European carbon futures contract settled at the highest level for a front-December contract in more than two years on the day it expired, as participants closed outstanding positions and shifted their attention to the incoming Dec-26 contract, where the end of the 2025 auction programme and the looming tightness in supply also boosted prices to their highest settlement since Nov. 2023.

A Europe-headquartered carbon removal developer has raised €7 million to advance its ocean-based solution, the company announced.

The usual December retirement rush has yet to appear amid another lacklustre week as prices drifted lower, despite the EU confirming it will allow international carbon credits for its 2040 goal.

Target ditched - Neste, a major producer of sustainable aviation fuels (SAF) and renewable diesel, has ditched its 2035 net zero target. Instead, the revised goal is based on cutting Scope 1 and 2 emissions by 80% by 2040. In a press release released Monday, the Finnish company said that its "current financial position" meant that it was unable to deliver the "significant investments" the original target required.

A voluntary carbon rating agency has reported losses of £18 million in its latest annual financial statement, while also doubling revenue, due to continued investment in technology, infrastructure, and new markets.

The Scottish government published a peatland plan on Monday, setting out actions to conserve and restore the country’s carbon-rich wetlands.

Once promoted as a breakthrough for mobilising large-scale climate finance in coal-dependent economies, the Just Energy Transition Partnership (JETP) schemes are now under scrutiny amid shifting donor politics, existing financing gaps, and evidence that implementation is falling behind the pace required to keep national transition plans on track.

The Council of EU member states reached partial agreement Monday on the Connecting Europe Facility (CEF III), aiming to channel future EU funding into cross-border energy and transport infrastructure seen as critical for decarbonising the bloc’s economy and integrating higher shares of renewables.

Screening tool - Social Carbon has launched a new pre-feasibility tool for project-developers. The tool will assess projects' suitability for inclusion into Social Carbon's methodologies and provide conservative estimates on carbon removal potential, it said Monday.

Steel links - Russian Steel giant Severstal and the St Petersburg State University of Economics have signed a cooperation agreement on the implementation of climate goals. In a release published last week, the steel company said the two now plan to implement projects and initiatives to reduce greenhouse gas emissions and adaptation to climate change.  

This far and no further - Germany should implement future EU energy and climate rules without exceeding the required ambition and scale back existing measures to align strictly with the bloc's requirements, said a report commissioned by the Association of German Chambers of Commerce and Industry (DIHK). The report - carried out by the organisation Global Energy Solutions - also proposed postponing Germany’s 2045 climate neutrality target and aligning it with the 2050 target of the European Union, arguing the earlier national target would lead to significant extra costs. (Clean Energy Wire)

Extension - The Swiss Federal Council has extended the consultation period for the amendment of the Climate Protection Ordinance (Klimaschutz-Verordnung, KIV), with the deadline for submissions now Mar. 19, 2026. This consultation invites comments on the implementation provisions that will shape how the KIV concretises Switzerland’s climate goals and assigns responsibilities for reducing emissions across the Swiss federal administration, cantons, and public enterprises. It is anticipated that the revised KIV will support the use of negative emission technologies to meet Swiss climate goals.

Granted - The Swedish mining giant Boliden has been granted SEK 117 mln ($12 mln) in support by the Swedish Energy Agency through the Industrial Leap initiative. The grant is supporting a product - made from iron-rich residual materials from Boliden's own production - which partially replaces quicklime in the cement production process. Estimates show that - using this product - the company can reduce CO2 emissions in the value chain by approximately 600,000 tonnes per year.

UK power generator Drax will cut half of its global carbon capture and storage (CCS) workforce, according to reports in the British press. 

Money for Sao Tome and Principe - The African Development Bank (AfDB) Group has agreed to provide another $18 mln of grant funding to the small Central African island nation, through three new agreements to support energy, climate-smart agriculture, and integrated water-energy-food security, the AfDB announced on Monday. The new funding, agreed at the Sao Tome and Principe Investment Forum in Brussels, brings the total AfDB funding through its partnership with the government to $20 mln. Funding for the energy transition will help to speed up the shift to renewables, improve governance of the national utility, and adjust tariffs for cost recovery. Funding for agriculture and fisheries, which comes from the AfDB and the Global Environment Fund, is instead aimed at strengthening the value chains and spreading climate-resilient technologies.

Carbon revenues accounted for around 25% of income across the clean cooking sector in 2022, with developers increasingly looking to access higher-value credits under Article 6 of the Paris Agreement, according to a report published last week.

A UK-based project developer has secured a loan for $270,000 backed by biodiversity and carbon credits, it said on Monday, making it the second loan for nature credits worldwide in less than a week.

Companies in major emerging economies are beginning to adapt their strategies in response to border carbon policies, with early movers seeking to turn compliance into a competitive advantage as the EU’s Carbon Border Adjustment Mechanism (CBAM) enters its definitive phase in 2026.

While the final text of the EU’s 2040 target is yet to be published, a draft version seen by Carbon Pulse suggests a strict regime will be applied to international credits delivered under Article 6 of the Paris Agreement.

South African projects and businesses supporting the country’s net zero transition can now apply to an accelerator, backed by the UK government, to receive capacity building support.

The Middle East and North Africa (MENA) region has this year seen new countries build carbon regulatory infrastructure, with further Article 6 news, compliance developments, and a maturing voluntary market expected for 2026.

Pakistan-UK Green Compact - Pakistan and the UK have signed a £35 mln Green Compact aimed at strengthening cooperation on climate action. The agreement focuses on mobilising climate finance, expanding solar and wind energy, advancing nature-based solutions such as mangrove restoration, supporting young climate entrepreneurs, and improving adaptation and disaster resilience for vulnerable communities.

A newly launched carbon project developer is targeting government-led initiatives across East Africa, positioning itself to work directly with countries to help strengthen oversight of project authorisation, governance, and pricing.

Institutions providing or arranging capital for maritime shipping, representing nearly three-quarters of global shipping finance, have reported increasing alignment between the GHG intensities of the vessels in their portfolios and International Maritime Organization (IMO) net zero targets.