Barbados has emerged as a flagship case for how small island developing states (SIDS) can use debt restructuring and climate finance tools to scale mitigation investment and lay the groundwork for future carbon market mechanisms, according to a recently-published report.

Canada remains well off-track from its climate targets and needs a strategy on international carbon credits and carbon removal, an advisory body to the federal government has recommended.

The CEO of one of the world's largest fertiliser producers, Yara International, slammed an EU proposal to temporarily exclude fertilisers from the bloc's carbon border adjustment mechanism (CBAM), saying it severely imperils confidence in the stability of the jurisdiction's wider climate policy framework.

US airlines were responsible for over 55 Mt of emissions in 2024 that are subject to CORSIA offsetting requirements, data recently published by UN agency ICAO shows, even as analysts highlight ongoing uncertainty around their participation in the scheme.

Japan and Azerbaijan are close to finalising a carbon trading deal under Article 6.2 of the Paris Agreement, with credits set to come from a project to decarbonise the Caspian country's largest oil and gas terminal, an executive told Carbon Forward Middle East on Thursday. 

Malaysia’s palm oil industry could generate significant volumes of carbon credits, but structural challenges in the country’s carbon market such as low liquidity, high costs, and regulatory uncertainty continue to constrain progress, according to experts.

The European Commission's proposal to pause its border carbon fee for fertiliser imports highlights the risk of investing in low-carbon products, amid "frustrating" political indecision, industry insiders said at Carbon Forward Middle East on Thursday.

Show me the money - Pacific island nation of Samoa said it will seek to use Article 6 carbon credits under the Paris Agreement to help finance delivery of its latest climate pledge, and is interested in selling carbon credits to more developed countries that may be interested. In its third NDC, Samoa set an economy-wide target to cut GHG emissions by about 104 MtCO2e by 2035, relative to 2020 levels, while stressing that much of the ambition is conditional on external support. The government said it is targeting 75% renewable electricity by 2035, increased use of electric and hybrid vehicles, and large-scale reforestation to cut emissions from land use.

The rapid expansion of the forward offtake market in the voluntary carbon market may be here to stay, and could determine credit pricing dynamics in the years ahead, according to analysis from a carbon data firm and rating agency.