Chile has moved to update the targets of its national green hydrogen strategy, a sector prioritised under the country’s Article 6 framework, as it seeks to scale up production and unlock new sources of climate finance to support the industry’s next phase of development.

States planning to rely extensively on future carbon removal (CDR) to meet their climate targets risk falling short of international legal obligations under the Paris Agreement and customary international law, according to a peer-reviewed legal analysis published on Tuesday.

A new independent body has been set up to monitor the progress of Article 6 of the Paris Agreement, by a set of academics and civil society organisations, they announced on Wednesday.

For many people working across global carbon markets, the surprising collapse of clean energy company and cookstove developer Koko Networks shows that, fundamentally, you can't count on government authorisation for the international sale of carbon credits until the approval has been fully stamped through.

The EU should continue advancing its diplomatic push for a global fossil fuel phaseout outside of the COP process, researchers from a leading German foreign policy think tank said Tuesday.

The Malawian government will partner with a satellite data provider to monitor and verify carbon market projects, ministers announced Monday.

January retirements across the voluntary carbon market (VCM) fell by nine million year-on-year, while issuances also slipped to levels last seen five years ago - with one registry failing to record any new supply for the past three months.

The UN body helping to shape the Paris Agreement’s Article 6.4 carbon market has released a draft methodological tool aimed at standardising how emission reductions from biomass-related climate projects are calculated, key for crediting cookstoves projects.

Suriname expects to carry out its first trades of Internationally Transferred Mitigation Outcomes (ITMOs) in the first quarter of this year, with the initial transaction structured as a pilot involving credits generated in 2021, government officials said on Monday.

Still missing -  India said its next round of climate targets is still under internal consultations and awaiting formal clearance, offering an explanation for why the update has not been filed. The environment ministry told the parliament's upper house, in response to a question, that the revised Nationally Determined Contribution, including targets for 2031-35, will be submitted only after the process is completed and approved by the competent authority. It confirmed that India plans to declare an NDC extending to 2035, as flagged in its national statement at COP30 in Belem in November. No revised timeline for submission was given. Experts told Carbon Pulse last year that state elections and trade confrontations with Washington and Brussels had diverted the attention of senior officials.