A new paper from researchers at the University of Oxford set out eight strategic challenges that define what it calls the "fossil fuel endgame", arguing that targeted policy, financial, and regulatory interventions could still restart a transition that has stalled despite international commitments.

Clean hydrogen is still more of a hope than a hype, the International Energy Agency (IEA) said this week, after comparing the green energy to the development of other nascent technologies.

Climate action is "mission critical" to global security, the UN's climate chief said in a speech looking ahead to a particularly complicated annual climate summit in November, in the face of evermore hostile geopolitics and led by a first-of-its-kind shared presidency between Turkiye and Australia.

The Greenhouse Gas Protocol’s long-awaited Land Sector and Removals Standard (LSRS) has been broadly welcomed as a major step forward for corporate carbon accounting of agriculture- and land-related emissions, though questions remain over implementation details, traceability rules, and the exclusion of forest carbon.

The international emissions trading body IETA has pushed back against proposed changes to the Greenhouse Gas Protocol's Scope 2 guidance that would require hourly matching and physical deliverability for renewable energy procurement.

A Seoul-headquartered trading company has secured what it claims to be creating the foundation for international transfer and sales of Paris-aligned carbon credits from its hydro power project in Indonesia.

Australia’s Emissions Reduction Assurance Committee (ERAC) has recommended that the beef cattle herd management carbon credit methodology be remade, according to its chair, but the final report making that recommendation is still with the government and has yet to be released.

Still consulting - Papua New Guinea has convened a second national consultation on the draft of its third Nationally Determined Contribution, as it prepares to update its climate pledges under the Paris Agreement, the Climate Change and Development Authority (CCDA) said in a Linkedin Post on Thursday. The consultation in Port Moresby brought in government agencies, development partners, civil society, and the private sector to review proposed mitigation targets in energy and land use, alongside adaptation priorities. The draft also introduces dedicated chapters on Loss and Damage and gender equality, CCDA said.

Funding secured - Thailand’s Industrial Estate Authority (IEAT) has secured a $100 mln World Bank loan to decarbonise key industrial zones, Nation Thailand reported. The scheme, part of a broader $200 mln programme, will deploy solar power, battery storage, and electric vehicle infrastructure, with emissions monitored via a digital MRV system. IEAT said the initiative could cut 2.33 MtCO2 over a decade and generate carbon credits for international markets.

Full power ahead – Australian mining giant Fortescue has begun commissioning of two new battery-operated locomotives on its Pilbara network, it announced on Thursday. With a capacity of 14.5 MWh each, they will be renewable powered via Fortescue’s Pilbara Energy Connect programme, and can recover 40-60% of energy through regenerative braking. Testing of the new trains began in June 2025, and it is estimated that the two will eliminate the use of around 1 mln litres of diesel each year, the company said. Fortescue is aiming to reduce its Scope 1 and 2 emissions to zero by 2030.

A New Zealand NGO has questioned the government over its consideration of its climate obligations in its decision to contract a new LNG terminal and has pushed for more clarity and transparency around emissions impact modelling.

The South Korean government is planning to establish a voluntary carbon marketplace by the end of this year, as part of its effort to support the development of climate technologies.

Australia and New Zealand need to establish regulatory frameworks to govern and support emerging use cases for biochar and other carbon dioxide removal (CDR) technologies, or risk being left behind by overseas markets, a webinar heard this week.

Voluntary carbon market standard operator Verra has opened a consultation into a proposed “major revision” of its methodology to reduce emissions via improved agricultural land management.

China's emissions have plateaued for seven straight quarters, though questions remain around the country's emissions trends and power system reforms for the next five years, analysts said.