Verra revision - Verra published on Tuesday a revised version (v1.1) of its VMD0054 (Estimating Leakage from the Displacement of Agricultural Activities) module under its VCS programme. The revision - incorporating feedback received in 2024 - introduces an accounting framework that takes into account the production of new commodities introduced to the project area when calculating the net emissions from land use changes, and includes revised ecosystem conversion assumptions so that projects in areas with very little forest cover can use the most common native ecosystem as the reference for quantifying carbon stock change due to displaced production, Verra said. The previous version of VMD0054 (v1.0) will be inactivated on Feb. 1, 2027. Projects that meet the Jan. 31, 2027 submission deadlines may continue to apply the previous version of VMD0054 for the remainder of their project crediting period or baseline reassessment period, whichever is shorter. Verra will hold a webinar to provide an overview of VMD0054 v1.1 on Feb. 10, 2026 at 1100 Eastern (1600 GMT).

EUA prices extended their advance for a sixth session on Tuesday, reaching yet another 30-month high, as forecasts for colder weather and further strength in prompt natural gas provided a platform for carbon's strength, though sources have begun to warn that the four-day 4.5% rally may be heading for a correction.

A large Romanian fertiliser facility has suspended production this week, its operator told local media sources, due to high gas costs.

A sustainable investment firm is investing $10 million into a US company that produces organic coconut sugar products in Indonesia.

Sacre bleu - Emissions in France fell 1.6% last year, according to a preliminary report by Citepa, which compiles such data for the government. That’s significantly less than the 4.6% annual drop the government has said is needed in order to hit a 2030 target of halving emissions from 1990 levels. (Bloomberg)

A coalition of carbon removal buyers has facilitated $3.05 million in pre-purchases from two companies as part of its sixth round of advance credit buying.

A registry has certified a new protocol for CO2 removal through mangrove restoration, it announced Tuesday.

German exchange EEX registered a fall in environmental product futures last year after a big loss in volumes in the secondary EUA futures trade for the EU ETS.

Teresa Ribera, the European Commission’s executive vice-president for the clean transition and competition policy, defended the rules-based world order at a Brussels event on Tuesday, saying EU law ensures equal treatment for everyone in the green and digital transition.

Guinness Global Investors has launched a fund focused on food, water, climate, waste, and land that is looking to rapidly build on its seed capital.

Limestone-based weathering - Dublin-based agritech startup Silicate Carbon expects to raise up to €15 mln in its next funding round in 2Q 2026 to help further develop its concept of carbon capture and using limestone to balance acidity in farming. Founder Maurice Bryson is focused on optimising the process and doing commercial pilots in the agricultural space, which will add limestone to soil, boosting soil productivity and removing CO2. (Business Post)

Incubator launch - A new open-innovation programme focused on solutions for industrial decarbonisation has been launched with the backing of Shell Catalysts & Technologies (Shell) and Technip Energies. Greentown Go Make 2026, by climate-tech incubator Greentown Labs, is seeking applications from startups with a technology readiness level (TRL) of 3-8 that are developing innovations for CO2 removal, low-carbon fuels, low-carbon gases, and alternative chemical manufacturing. Successful entrants with be able to engage with Shell and Technip Energies leadership, including potential collaborations on pilots and demonstrations, as well as receiving networking opportunities and marketing presence. The application deadline is Mar. 10, 2026 at 11:59 EST.