About one-fifth of 53 nature-based projects assessed in a recent study created “triple wins” for climate, biodiversity, and people in Small Island Developing States, although researchers warned against a one-size-fits-all approach.

Voluntary prices rallied at the start of the year, and sources reported healthy liquidity in Clean Development Mechanism credits as traders and project owners scramble to sell inventory ahead of the proposed closure of the UN registry.

Researchers this week proposed five ‘golden rules’ to assess the scientific credibility of nature markets, creating a scorecard against which eight of the world’s most well-known nature markets fail.

The EU has an opportunity to raise the standard of international forestry carbon credits – and strengthen the impact of the new Tropical Forest Forever Facility (TFFF) – as it begins to allow international credits into its domestic climate targets from 2036, according to a new report. 

The voluntary carbon market is heading into 2026 as a mature, pragmatic instrument for delivering credible net zero strategies at scale.

Ammonia shipment - Uniper has agreed to purchase up to 500,000 tonnes of green ammonia per year from India's AM Green in a long-term binding agreement, Reuters reported. The German utility called it a key building block in its goal to provide customers with reliable access to low-carbon molecules at scale. The first delivery is set to occur as early as 2028, and Indian Prime Minister Narendra Modi welcomed the news at a conference with German Chancellor Friedrich Merz on Monday.  

More island ITMOs – Japan and the Maldives have completed the second issuance of Internationally Transferred Mitigation Outcomes (ITMOs) under the Joint Crediting Mechanism (JCM) in line with Article 6 of the Paris Agreement. The issuance covers 750 tonnes of CO2e from a smart mini-grid solar project in Addu City, of which 433 tCO2e were acquired by the Japanese government, marking the second Paris-aligned ITMO issuance under the JCM after Thailand in Nov. 2025 and the first to utilise the Japan Fund for the JCM contributed to the Asian Development Bank, according to the announcement.

Biogas boost – India’s biogas sector has called on the government to create a $1.2 bln capital subsidy fund in the Union Budget 2026 to accelerate project deployment and improve financial viability, the Economic Times reported. The Indian Biogas Association (IBA) said the proposed fund would help bridge high upfront costs, attract private investment, and support the scaling up of compressed biogas (CBG) plants across the country. The association urged policy support to strengthen feedstock supply chains and ensure long-term offtake certainty, arguing that targeted fiscal backing could speed up the sector’s contribution to energy security, waste management, and emissions reduction. As well, the IBA urged the government to create a framework enabling biogas and CBG producers to sell carbon credits in domestic and international markets to support industry growth.