Morocco is aiming to develop a corresponding adjustments (CAs) methodology under Article 6 of the Paris Agreement this year, an expert said at Carbon Forward Middle East this week.

Oman’s recent selection of a Designated National Authority (DNA) marks a turning point for its Article 6 ambitions, according to an Omani developer at Carbon Forward Middle East in Abu Dhabi this week.

For a second day EU carbon prices gave up a 1.5% morning gain amid heavy afternoon selling, prompted by a brief but sharp drop in natural gas prices, to record a modest 2.8% weekly gain compared to TTF's 30% five-day jump.

Kenya's carbon - Article Six Group and FSD Kenya are carrying out an assessment into Kenya's carbon market to position carbon as a key source of development finance, they said in a press release Friday. The aim is to identify priority areas within the nation carbon budget to direct carbon finance towards high-impact areas of the economy. As well as working out how to practically engage investors and mobilise new sources of climate finance.

Spanish wood construction credits - Wood-based construction projects in the Spanish autonomous community of Galicia could become eligible to issue voluntary carbon credits under a proposed regional methodology, Campo Gallego reported Friday. Non-profit Fundacion Arume has submitted a technical framework to the Xunta de Galicia hall to certify CO2 stored in long-life wood products used in buildings, following the activation of Galicia’s voluntary carbon market by a late-2025 decree. The proposal sets accounting, measurement, reporting, and verification rules for net climate benefits, with credits issued at one tonne of CO2 per verified tonne stored. Eligibility would cover structural timber, glulam, CLT panels, and other engineered wood products, subject to sustainability certification, traceability, additionality, and a minimum 35-year permanence requirement.

Thermal funding - Lonech, a UK clean tech company developing thermal energy, has secured £2 million in funding from investors Elbow Beach. Lonech Air Voltaic Cell technology uses high voltage pulses and field electron emission to generate superoxide ions and convert the thermal and chemical potential energy of ambient air into electrical energy. The company aims to integrate the technology initially into high-energy demand devices such as commercial refrigeration, air conditioning and ventilation units. The £2 million investment from Elbow Beach is combined with a £0.7 million Innovate UK Grant, and will enable Lonech to advance its Air Voltaic Cell technology from lab-scale development into real-world pilots over the next 24 months.

Fifteen new projects, in countries including Egypt, India and South Korea, have been proposed under Article 6.4 of the Paris Agreement Crediting Mechanism (PACM), while Brazil signed agreements with Singapore and Switzerland paving the way for future bilateral trade under Article 6.2, a UN body said on Thursday.

DAC development - An engineering study to build Ireland's first large-scale carbon capture system was signed this week between NEG8 Carbon and Prochem Engineering. They will work on the first 50-tonne per year module of NEG8 Carbon’s direct air capture arrays, to be built at the NEG8 HQ in Waterford. The company expects its electrostatic technology to make DAC cheaper and more efficient and scalable. It works by drawing in air and passing it over a specifically designed sorbent system that attracts and captures CO2 molecules, which are then stored underground or converted into products like aviation fuel.

The Trump administration’s plans to ramp up oil extraction in Venezuela could generate additional annual emissions equivalent to the entire global shipping sector, according to an analysis released by a London-based non-profit research organisation on Friday.

Greener travel -Leasys (a JV between Stellantis and Crédit Agricole Personal Finance & Mobility) has signed a new financing agreement with the European Investment Bank (EIB) to support the 'Pan-European Clean Fleet Transport' operation to improve green mobility in Europe. The project will deploy a 24,000 zero-emission vehicles fleet across 10 European countries, including Italy, France, Germany, Spain, and Portugal. This will be financed by a €300 mln credit envelope from the EIB and an equivalent €300 mln from Leasys, for a total of €600 mln. (Web Wire)

A global cement producer is beginning work on what could be the world’s first cement-linked carbon removal credits, a company representative told the Carbon Forward Middle East conference on Thursday.

On trend - Green-coloured cars sold in the UK last year reached their highest volume in 20 years, in line with the public's growing taste for electrified cars, according to industry body SMMT. British motorists bought 99,793 green cars in 2025, up 46.3% on 2024 and reaching almost 5% of total cars sold. That comes as electrified cars, either either battery-electric, hybrid-electric or plug-in hybrid, reached a share of over 48% in the UK, helped by the country's goal to end new pure petrol or diesel cars by 2030. The colour grey however remained the most popular car colour choice for the eighth year in a row. (Reuters)

Belgium, Bulgaria, Croatia, Finland, Lithuania, Romania, Slovenia, and Spain were the only EU countries to hit a Jan. 1 deadline to submit national renovation plans, meant to be the key drivers of decarbonisation in the building sector, according to official EU records.

2026 changes - The UK govt has presented planned methodology changes to GHG emissions statistics due to be published in the final UK GHG emissions statistics for 1990-24 on Feb. 5. In total, the method changes are estimated to decrease total UK emissions in 1990 by around 17 MtCO2e (-2%) and increase total UK emissions in 2023 by around 1 MtCO2e (0.2%). The method changes and the impacts they will have on emissions estimates are detailed here. Sectors to see method changes include solid waste, shipping, biogas, and peat.

A Dubai-based developer has registered the Middle East’s first project under the Paris Agreement Crediting Mechanism (PACM), its CEO announced at Carbon Forward Middle East in Abu Dhabi: a landfill gas project in Jordan, transitioned over from the Kyoto-era Clean Development Mechanism (CDM).

A partnership of UK-based investors has announced a five-year £25 million programme to support peatland restoration in the Peak District and South Pennine moors in England.

UK aid for energy - The UK govt has responded to the Independent Commission for Aid Impact's review of UK aid for international energy transitions, and has accepted four of the six recommendations. The accepted recommendations include that the UK take a portfolio-level approach to allocating funding between bilateral and multilateral channels like climate funds, and that it set clear departmental roles to strengthen decisions on the energy transition. The govt partially accepts it publish a comprehensive energy transition strategy with a clear definition and theory of change, and that the UK should clarify the role of its country partnerships and international alliances in supporting the energy transition. Further details here.

Carbon pricing is fuelling support for extremist and populist parties across Europe, with the backlash strongest in regions that shoulder the heaviest economic costs from the EU’s flagship Emissions Trading Scheme (ETS), according to research published in Oxford Academic’s Economic Journal.

Abu Dhabi has launched a new policy aimed at establishing a framework to regulate carbon capture, utilisation, and storage (CCUS) activities across the emirate, according to an official announcement Friday.

Greener shipping - Chemicals maker CF Industries, along with commodities trading giant Trafigura, signed a partnership this week with Singapore-based marine fuel supplier TFG Marine to advance the use of low-carbon ammonia as shipping fuel, the companies announced. The partners will work on market development and bunkering logistics, initially focusing on the US Gulf Coast and northwest Europe. CF Industries, one of the world's largest ammonia producers, will supply low-carbon ammonia from its Donaldsonville, Louisiana complex.