New Mexico lawmakers introduced legislation that would set statewide GHG emissions limits in statute, including a requirement for net zero emissions by 2050, while expanding the rulemaking and reporting authority of state air quality regulators.

Brazil’s development bank has selected seven funds from 45 proposals received under its largest-ever call for investment in climate projects, it announced on Monday.

Rewetting peatlands could materially improve the performance of biochar-based carbon removal (CDR) compared with conventional soil applications, according to new research.

Carbon Pulse rounds up carbon pricing trends and developments in the Middle East and North Africa (MENA) region for Jan. 2026, highlighting state-led responses to international compliance obligations and opportunities, and the UAE’s role as a “great convener”.

CORSIA-eligible spot and futures prices softened last week, although volumes remain very thin amid a market that has yet to strike a balance on fundamentals, sources noted.

A Swiss telecoms company has signed a deal with a German platform to purchase durable carbon removals in service of its 2035 net zero target.

Responses welcome - The Global Carbon Council (GCC) has launched a public stakeholder consultation on a draft methodology to support carbon projects that electrify communities with limited or no energy access, whilst aligning with Art. 6.4 of the Paris Agreement. The “Methodology for Electrification of Communities Using Digital Monitoring, Reporting and Verification (DMRV) Protocol” (GCCNMT017) responds to the need for a dedicated carbon accounting model for electrification projects in off-grid, weak-grid, and under-served communities. It doesn't apply to power generation for cooking purposes. The consultation is open until Feb. 18.

Short- and long-lived greenhouse gases should be accounted for separately in corporate targets, offsetting, and reporting frameworks to avoid misleading climate claims, according to a report published last week.

Carbon credit tokenisation - Thailand’s carbon credit registry operator TGO has partnered with KBank-affiliated digital asset platform Kubix to study API integration for tokenising voluntary carbon units, in a move that could streamline trading, enhance transparency, and support the country’s upcoming Climate Change Act. The collaboration seeks to enable delivery-versus-payment (DvP) settlement, traceability via blockchain, and fractionalised credit ownership, according to executives from both parties. The project aligns with Thailand’s net zero 2050 goal and aims to position the country as a regional carbon trading hub.

North Sea CO2 shipping deal – LBC Tank Terminals, Associated British Ports and North Sea Port announced Monday they have signed an MoU to develop a cross-border CO2 shipping corridor connecting Northwest Europe with the UK. The partnership aims to link industrial emitters with offshore storage by building out infrastructure for carbon handling, storage and transport, including at ABP’s planned terminal in Immingham linked to the Viking CCS cluster. The corridor would complement a separate inland link between LBC’s Vlissingen terminal and Duisburg.

Ethiopia is close to finalising carbon credit transactions under its national REDD+ programme, the Ministry of Finance said following a consultation last week with Norway on the next phase of their forest and climate partnership.

A marine CO2 removal company has announced a $20 million first close of its Series A financing.

CDR matchmaking - EU innovation agency Climate-KIC and Japan’s trade body JETRO are inviting European partners to meet Japanese climate tech start-ups in Feb. 2026, including Innovare, which converts waste rubber seeds into biochar and other bioproducts. The open call aims to spark cross-border pilots, investment, and carbon removal credit deals as part of the J-StarX Global Growth for Climate Tech in Europe Programme.