Article 6 eyes Lahore – Stakeholders gathered in Lahore in February to consult on a methane capture project at the Lakhodair landfill that aims to generate carbon credits under Article 6.4 of the Paris Agreement. The landfill, operational since 2016, receives up to 5,500 tonnes of municipal solid waste per day and has accumulated an estimated 18 mln tonnes of waste. The proposed landfill gas collection and utilisation system would convert captured methane into usable energy products while generating mitigation outcomes. The project is being developed under the Germany-backed SPAR6C programme, which aims to prepare up to three Article 6 pilot projects in Pakistan by 2027. Proposed benefit-sharing measures include local infrastructure improvements, skill development, health initiatives, and formal integration of informal waste workers.

A strategic financing partnership announced on Tuesday will support the expansion of a global portfolio of ecosystem restoration projects, with potential priority investment commitments reaching up to $500 million.

Most of the supply of permanent carbon removals (CDR) up to 2030 has already been reserved by buyers, data collected by a CDR procurement company shows.

The supply of carbon credits for Phase 1 of the aviation offsetting scheme CORSIA reached more than 32 million as of early March, according to a new International Civil Aviation Organisation (ICAO) dashboard that tracks eligible credits, while prices have slipped to their lowest levels in over a year.

A clean cookstove developer is looking to boost the supply of carbon credits into the first phase of the aviation offsetting scheme CORSIA, after being granted the right to sell 5.2 million credits internationally by Nigeria under Article 6 rules, it announced Tuesday.

Asia’s share of global voluntary carbon credit supply has fallen in recent years even as demand for high-quality offsets remains, a webinar heard Tuesday, with governments and companies pointing towards jurisdictional forest programmes to unlock supply.

Digital monitoring technologies could improve transparency and accuracy in the voluntary carbon market but also introduce new integrity risks without proper governance, according to recent survey results published by the Integrity Council for the Voluntary Carbon Market (ICVCM).

Companies will be formally recognised for using high-quality carbon credits to compensate for their ongoing emissions in the Science Based Targets initiative's (SBTi) Corporate Net-Zero Standard Version 2.0, provided no further changes are made before expected final publication in June, an SBTi executive said on Tuesday.

CCUS effort - Thailand's cement industry group has teamed up with several partners to accelerate the implementation of carbon capture, utilisation, and storage (CCUS) technologies in the country. The Thai Cement Manufacturers Association (TCMA) has secured partnerships with Canada's Saskatchewan government and the University of Regina, Bangkok Post reported. CCUS is considered a critical solution to achieving the industry's 2050 net zero target, given that more than 45% of targeted GHG reductions cannot be achieved through conventional measures alone, according to TCMA.  

Singapore-based carbon exchange Climate Impact X (CIX) has decided to reduce the frequency of publication of its benchmarks for credits from forestry and cookstove projects, along with the associated price assessments.

Bhutan plan - Bhutan has launched the Bhutan Resource Mobilization Plan (BRMP) to support sustainable economic growth and climate-resilient development, backed by the Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20). Finance Minister H.E. Lyonpo Lekey Dorji said the plan aims to align financing with Bhutan’s key national frameworks and ensure adequate, predictable, and sustainable funding to achieve the country’s long-term economic goals. The BRMP will also function as Bhutan’s Climate Prosperity Plan under the CVF-V20, part of a broader initiative aimed at helping climate-vulnerable countries turn climate risks into bankable investment opportunities aligned with development, climate, and nature goals.

Conserving -  Several Asian governments have begun rolling out fuel-saving measures as the Middle East conflict pushes up oil prices and raises supply concerns, according to multiple media reports. Thailand has ordered many civil servants to work from home and adopt electricity-saving practices, including limits on air-conditioning and reduced travel. Vietnam has urged businesses to allow remote working to curb transport fuel demand, while Pakistan has shut schools and universities and introduced a four-day work week to cut energy use. Bangladesh has also closed schools to conserve fuel and power. Meanwhile, the Philippines has directed government agencies to reduce fuel and electricity consumption by up to 20%.

Residual emissions - Southeast Asia's largest bank DBS in its sustainability report said it prioritises real-economy decarbonisation through sustainable and transition finance, with more than $102 bln in sustainable financing extended as of 2025. The bank added that rather than relying heavily on offsets, its strategy focuses on supporting clients’ transition plans and measurable emissions reductions, with carbon markets and related financial services treated mainly as enabling tools. For its own operations, DBS is working toward operational net zero by 2050, and is looking at nature- and tech-based carbon credits to offset residual emissions after its  efforts to decarbonise operations have been exhausted.

Too pricey - Rising crude oil prices linked to the ongoing Middle East conflict could boost demand for palm oil from the biodiesel sector, as the commodity is now trading at a significant discount to gasoil, Reuters reported. Higher oil prices and freight costs have made palm oil more attractive as a biofuel feedstock, pushing prices to their highest level in over a year. Indonesia, the world’s largest user of palm oil-based biodiesel, may revisit plans to introduce a B50 biodiesel blend later this year to counter rising fuel costs. Crude oil benchmarks briefly touched $120 per barrel on Monday as the conflict shows no signs of letting up. The prices have since fallen after US President Donald Trump said the war could end soon. But a sustained policy shift towards higher biodiesel blends would likely require palm oil to remain consistently cheaper than gasoil.

Researchers have successfully used agricultural waste to produce a biogas for use in iron ore reduction in India, taking green steel production a step closer.

Australia's first agriculture-based renewable natural gas (RNG) project is set to earn carbon credits when operations commence. 

Catalysing catalyst – UK-based start-up COOloop has secured £150,000 in seed  funding from VC fund Carbon13 Ventures to commercialise technology which originated at Australia’s Monash University, the institution said in an emailed press release on Tuesday. The company’s Metal-Organic Framework catalyst converts captured CO2 and renewable hydrogen into acetic acid, a key chemical used in plastics, textiles, paints, adhesives, and food products, and which is usually produced from fossil fuels, Monash said. As well as the potential to eliminate millions of tonnes of GHG emissions, the tech can remain cost-and scale-competitive with traditional methods, the university added.

Good Earth go ahead – The NSW government has approved the Good Earth Green Hydrogen and Ammonia project, aiming to cut emissions from farms in the Australian state, it announced on Monday. The A$45.2 mln ($31.9 mln) government investment is intended to increase the production and supply of green hydrogen, it added. Hiringa Energy and Sundown Pastoral Company are partnering on the A$70-mln project, which will produce enough green hydrogen each year to manufacture 4,500 tonnes of ammonia for fuel and fertiliser. The project has now reached financial close, the government added.

Not driving good – Lawyers for Climate Action NZ has filed a complaint with the Advertising Standards Authority alleging that Mazda New Zealand is misleading customers with its claim that its tree-planting programme is mitigating the emissions impacts of cars sold. The car company’s website claims that it financially supports the planting of five natives for every new car sold, however the NGO said that analysis showed that the five trees barely offsets any of the vehicle’s emissions. It added that Mazda should either increase the number of tree plantings it is funding or re-word its website to avoid greenwashing.

Target met – Vancouver-based methanol supplier Methanex has met its 2030 emissions reduction target, to cut its Scope 1 and 2 emissions intensity by 10% compared with 2019 levels, it said in its 2025 Sustainability Report, released Friday. Steps taken include the purchase of renewable energy, investing in energy efficiency improvements, and a change in catalyst, it said. Emissions also fell due to reduced production at its New Zealand plant, the company added, which was a result of gas supply shortages. Methanex is considering the use of CCUS, and producing biomethanol or e-methanol as other alternatives to reduce its emissions further, it said.

Sun to shine – Australian miner Fortescue has started construction on the 440 MW Solomon Airport solar farm, which is expected deliver one-third of its required solar capacity to meet its 2030 "real zero" target, it announced. The project will become Western Australia's largest solar farm when construction completes in 2028, the company said. Another 644 MW solar farm at Turner river is expected to begin construction later this year which will also be used to power the miner's operations.

Japanese companies’ use of internal carbon pricing has had only a limited impact on their overall carbon efficiency, improving performance mainly in electricity-related emissions rather than direct or supply chain emissions, according to new research analysing major firms’ climate disclosures.

The New South Wales state government is offering A$80 million ($56 mln) in fast-tracked grant funding to reduce industrial emissions, it announced Monday.