Super greenwashing complaint – Australian NGO Environmental Defenders Office (EDO) has filed a greenwashing complaint regarding UniSuper’s Global Environmental Opportunities fund with the Australian Securities and Investments Commission (ASIC), it said in an email. The fund initially used to require companies or assets it invested in to derive at least 40% of their revenue from environmental themes, but lowered that threshold to 20% last year, the Guardian reported. EDO claimed that this gives super members a false impression of the sustainability of their investments. In Feb. 2023, ASIC launched civil proceedings against Mercer Superannuation over alleged greenwashing, with a court in Dec. 2025 ordering the pension fund to pay an $A11.3 mln ($8 mln) penalty.

A US federal judge has ordered the dismissal of a class action lawsuit claiming tech giant Apple misled consumers by marketing its smartwatch as carbon neutral.  

An environmental watchdog has lodged a formal complaint with the Singapore Exchange (SGX) alleging that a major listed bank may have misled investors over its exposure to coal power through financing of an Indonesian nickel producer reliant on captive coal-fired generation.

The CORSIA curve was steady over the past week, reflecting growing consensus in prices around $15 per tonne, while voluntary players continued to vent frustration at the slow process and risk when obtaining Letters of Authorisation (LoAs) from host countries for trade in the market.

UNDP tender - The UN Development Programme (UNDP) has last week launched a tender to hire a service provider to draft a document on carbon markets for social forestry in Indonesia, as part of efforts to support climate and land-use policy development. The request for proposals was issued on Feb. 20 with a deadline of Mar. 5, targeting organisations with expertise in environmental markets, forestry, and climate policy. The consultancy will focus on developing a framework document linked to social forestry schemes, though budget details were not disclosed.

UNESCO’s Intergovernmental Oceanographic Commission (IOC) has found that scientific models differ widely in their estimations of how much carbon oceans absorb, suggesting uncertainties to be serious enough that they could impact governmental adaptation and mitigation plans.

New UN capacity-building initiative – UN Climate Change has launched a new capacity-building initiative for climate negotiators, aimed at supporting delegates, particularly from developing countries and youth, to participate more effectively in UNFCCC negotiations. The programme will provide training on negotiation procedures, legal frameworks, and techniques, and will be rolled out globally through regional centres following a pilot phase in 2025, the organisation said last week. The initiative was introduced during an online event attended by nearly 400 participants and responds to a mandate from Parties to support negotiators’ engagement in the process.

The Philippine government has rolled out a policy framework designed to overhaul how forests are managed by allowing local partners to use them for sustainable activities.

Medical credits - Korea Gas Corporation has partnered with Changwon Fatima Hospital on a GHG reduction project focused on replacing old boilers with high-efficiency gas units that are expected to cut about 120 tonnes of CO2 over 10 years, it announced. Under the agreement, the initiative will be registered with South Korea’s Ministry of Climate, Energy, and Environment and go through official procedures to secure offset credits for the reductions achieved. If approved, the project will be the first of its kind in the domestic medical industry to apply the ministry’s methodology for calculating GHG savings and generate tradable emissions allowances as part of efforts to support national decarbonisation goals, the statement said.

The UN body responsible for launching the global carbon market under the Paris Agreement has adopted an "accelerated" 2026 work plan and appointed new leadership, as it seeks to move from negotiations to implementation of the new Paris Agreement Crediting Mechanism (PACM).

Greening industries - The state government of Goa in India has announced plans to develop Goa Green MSME Index (GGMI) and the Goa Green Credits (GGC) framework for industrial estates in the state to promote environmentally sustainable and low-carbon industrial growth, the Times of India reported. The proposed index will assess estates on criteria such as waste management, energy efficiency, water conservation, and pollution control, with the aim of incentivising cleaner practices and boosting competitiveness through recognitions or benefits tied to performance. The initiative will align with broader environmental goals and could help attract investment into estates that demonstrate strong green credentials, according to the outlet.

Australia's carbon market has started the year seeing some 1.3 million credits issued in January, as observers noted a current trading lull in the market.

An Australian shareholder activist group was unable to provide sufficient evidence that oil and gas firm Santos used misleading or deceptive language in its net zero transition material, according to the judgment published Monday.

Light the way - Australia energy developer Aula Energy has purchased a 1 GW renewable energy portfolio from Lightsource BP, the former announced. Aula Energy, backed by Macquarie, aims to develop around 4 GW of renewable energy projects across Australia and New Zealand. Lightsource BP, the renewables arm of the British oil major, said the transaction represents its first sale of utility-scale solar projects in Australia. The company said it continues to progress a 9.5 GW pipeline of solar, wind, and battery storage across the Asia Pacific region. The financial details of the sale were not disclosed.

Reasonable price - Jizoku, which develops projects under Japan-led Joint Crediting Mechanism (JCM), has teamed up with Tokyo-based Hitotsubashi University for a joint research project to determine the appropriate price level for carbon credits created from the agricultural sector. A portion of the profits from the sale of carbon credits is usually distributed to local households that engage in emissions reduction activities, but Jizoku said this could have a negative impact on the mutual aid systems that have traditionally been maintained in rural areas of developing countries, depending on the amount and method of distribution. The developer said it will take these impacts into account when estimating the appropriate credit price range.

State funding - The New Zealand government will buy a NZ$200 mln ($119 mln) stake in in Genesis Energy, saying the funding will support and advance its goals for secure and affordable energy, it announced. The purchase is part of the company's broader NZ$400 mln capital raise and will give the government a 51% stake in the company, the Beehive said. Finance Minister Nicola Willis said Genesis's proposed investment, including renewables, batteries, and thermal backup, will contribute to enhancing New Zealand's energy security and enable it to bring on more flexibility capacity to market to address dry years.