Time to sign up - Paraguay's Ministry of the Environment and Sustainable Development (MADES) has issued Res. 47/2026, creating the National Cadastre of Mitigation Projects. This is an initial step toward creating and operationalising the National Registry of Carbon Credits as described in last year's carbon markets regulation, according to the text. As of Monday, all mitigation projects in Paraguay must be registered in the national cadastre by completing the corresponding forms, with the registration deadline for ongoing projects set at Mar. 15. The resolution is the latest in a string of moves by Paraguay to operationalise its 2023 carbon credit law – including last week publishing an approval form for carbon project methodologies to request eligibility under Paraguay's carbon market framework, as well as a public tender seeking consultancy firms to develop the country’s National Carbon Markets Strategy and an operational manual for Article 6.

Wet, leafy storage - A new study featured in Nature has suggested that large, slow-growing hydrophytes can increase wetland carbon storage. The study used data from more than 1,250 natural wetlands, examining plant diversity and its effect on carbon storage. It found that the functional diversity of plants had minimal impact on carbon sinks, while plants that live completely or partially submerged in water generally stored more carbon.

Argentina’s stance on Article 6 will determine the future of the country's largely dormant carbon market over the coming years, an expert from a carbon industry lobby told Carbon Pulse, with most market governance initiatives still currently happening at the subnational level.

CORSIA carbon futures tumbled again last week, detaching themselves from spot prices for the aviation offsetting scheme, amid an eye-opening week for the Paris Agreement market after a major energy and cookstove provider company went bust because Kenya would not agree to authorise international credit trade.

Kenya's decision to reject clean cooking developer Koko Networks' request to sell carbon credits was met with widespread concern and criticism on Monday, including from the country's own special climate envoy, highlighting the strong political risks weighing down on the nascent international market.

A biomass carbon removal (CDR) developer has last week signed a long-term offtake agreement with an investor for future credits from a project that stores timber waste in disused coal mines in the country of Georgia.

Ontario biocarbon plant goes online – Char Technologies has begun commissioning at its Thorold Renewable Energy Facility in Ontario, marking the startup of its first commercial plant for biocarbon and renewable energy. Feedstock handling systems are now online, with commissioning of the high-temperature pyrolysis kiln to follow. The company aims to reach its Phase 1 production rate of 5,000 tonnes of biocarbon per year by end-Q1, and plans to add RNG capabilities and a second kiln in Phase 2.

Tackling super pollutants – J.F. Lehman & Company has acquired Reclamation Technologies USA and Tradewater to launch a new environmental services platform focused on full lifecycle refrigerant and methane management. Indianapolis-based RTI offers gas recovery and reclamation, while Chicago-based Tradewater destroys high-GWP gases and plugs leaking oil and gas wells. Brown Gibbons Lang & Company advised on the deal, which targets growth in closed-loop waste services amid tightening regulation.

German DAC collab – German Direct air capture startup Ucaneo has signed a technology partnership agreement with Siemens AG Digital Industries to help industrialise and automate its DAC systems, it announced last week on social media. The collaboration will apply Siemens' automation and digitalisation expertise to standardise and optimise Ucaneo’s plant design, with the goal of scaling up faster and more reliably. The two firms said the partnership aims to accelerate carbon removal deployment and set new benchmarks for industrial decarbonisation. Ucaneo also plans to open its first-of-a-kind technical demonstration plant later this year.

North Sea CO2 shipping deal – Associated British Ports, LBC Tank Terminals, North Sea Port and the Port of Esbjerg have signed memoranda of understanding to explore cross-border CO2 shipping routes in the North Sea. The deals aim to scale carbon capture and storage and create a new market for carbon transport. Announced ahead of the international North Sea Summit in Hamburg, the agreements focus on designing port infrastructure, building transport value chains, and linking emitters to UK geological storage via facilities like ABP’s Immingham terminal, part of the Viking CCS cluster. Such EU-UK cooperation could cut CO2 transport and storage costs by around 20%, according to recent estimates from the Carbon Capture and Storage Association (CCSA).

Two Singapore-based companies have partnered to develop “advanced” digital monitoring, reporting, and verification (dMRV) systems for forest carbon in Southeast Asia, starting with a project in Indonesia.

An environmental standard body is set to update its carbon removal methodology with the aim of restricting crediting to areas exposed to high deforestation risks.

A UK-based climate consultancy has appointed a new chief growth officer (CGO) focused on supporting clients access carbon markets.

Palm oil credits - Thailand’s Global Green Chemical (GGC) signed a cooperation deal with satellite operator Thaicom and the Thailand Greenhouse Gas Management Organization (TGO) to develop carbon credits from sustainable palm oil cultivation, the companies said last week. The project will use satellite data, remote sensing, and artificial intelligence to monitor plantations and measure carbon sequestration, with credits to be registered under Thailand’s voluntary T-VER programme. Malaysia is also looking to generate carbon credits from the palm oil industry.

Greening up - Benefit, a fintech and electronic financial services provider in Bahrain, has partnered with carbon offsetting platform Safa to advance sustainability and climate action across the firm’s operations and strategic agenda, it announced. Under the collaboration, the two organisations will explore ways to embed responsible environmental practices, reduce Benefit’s environmental footprint and strengthen its ESG initiatives, while supporting national goal of carbon neutrality by 2060.

Carbon cash - Nigeria could earn up to $5 bln a year from carbon credit sales from its ‘80 Million Clean Cookstoves Project’, according to Babatunde Aina, chief financial officer of Greenplinth Africa Limited, the implementer of the project. The estimate was shared at a climate and sustainability forum, where experts highlighted Nigeria’s vast potential carbon credit generation. But while the potential is significant, unlocking it will require clear regulations, strong institutions, and credible MRV systems to attract international buyers and investment into Nigeria’s carbon credit projects, Aina said.