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.

The Secretariat of the Architecture for REDD+ Transactions (ART) has accepted a new document submitted by the government of Guyana for its national jurisdictional REDD+ (J-REDD+) programme, it announced on Monday.

Using international credits to cover the final 5% of the European Union's 2040 emissions reduction goal would be cheaper than relying on domestic action, based on Carbon Pulse cost assumptions fed into a new online calculator developed by a non-profit.

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 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).