Cutting intensity - GeoPark, Colombia’s second-largest crude oil producer, has cut its carbon intensity by 35% over 2020-25, reducing emissions from 14.3 to 9.3 kg CO2e per barrel of oil equivalent, the company said in a Tuesday statement. The company also slashed methane emissions by 86% over the period, with independent verification confirming no significant leaks across its Colombian assets, it added. Measures including electrification, a 10 MW solar plant, and methane leak detection drove the reductions, while delivering around $70 mln in savings and improving power reliability to over 99% in 2025. GeoPark also committed funds to a large-scale sustainable grazing carbon project in its area of operations in Colombia's eastern savannas.

SAF partnership - Cielo Waste Solutions, a Canadian clean fuels infrastructure and project development company, has entered into a non-binding agreement with Tano T'enneh Enterprises (TTE), the economic and business development arm of the Lheidli T'enneh First Nation, to advance its previously-announced sustainable aviation fuel (SAF) facility, Project Nexus. Under the non-binding framework, the pair agree to evaluate and advance the project and work towards a definitive agreement, while Cielo retains its right to pursue the project outside of Lheidli territory if the partners don't proceed together. Under the contemplated terms, Project Nexus would move forward as a limited partnership, with TTE holding 51% and Cielo the rest. Governance terms would be set out in a permanent agreement. The project may seek British Columbia Low Carbon Fuel Standard (BC LCFS) incentives, Canadian Clean Fuel Regulation (CFR) funding, or investment tax credits.

TIER C$120 – Canadian think tank Fraser Institute reported early discussions for the Canada-Alberta MoU suggested the oil-producing province's carbon price would first rise to C$120 ($87.64). The think tank said there are reports the tax could add roughly C$20 to the cost of producing a barrel of oil, though others have said it would cost much less. It said few major oil-producing countries pair high carbon prices with ambitious decarbonisation requirements at levels comparable to Canada and the country risks pushing investment elsewhere.

The majority of clean energy capacity in the US sits in Republican backyards, making their districts the most at risk in the Trump administration’s climate clawback, according to a Tuesday report.  

Data centres built near renewable energy sites in California could use otherwise wasted electricity and ease pressure on the grid, a recently-published report found.

Carbon that rocks – US-based developer Terradot has generated its first carbon removal credits for Project Carcara, developed in southern Brazil. Almost 205 carbon credits were issued by Isometric under an enhanced rock weathering (ERW) methodology. Excluding the buffer, the credits will be delivered to Frontier buyers and Rubicon Carbon. Terradot is backed by major tech companies, including Google and Microsoft.

Uncertainty over how companies can use and communicate carbon credits is a bigger barrier to demand than price levels, speakers said during a webinar on Tuesday. 

Indigenous consultation – The Brazilian Ministry of Indigenous Peoples (MPI) took part in an assembly of the Council of Indigenous Peoples of Jutai (COPIJU) to provide clarification on private carbon projects involving different Indigenous groups, the agency reported on Tuesday. The meeting took place on the 5th in Bugaio Village, located in the Estrela da Paz Indigenous Land, in the municipality of Jutai, Amazonas. Officials from the National Foundation for Indigenous Peoples (Funai) were also present.

Eight environment and climate NGOs have urged Canadian Prime Minister Mark Carney to strengthen the country's industrial carbon pricing framework before the federal government's Apr. 1 deadline to finalise a federal-provincial memorandum of understanding (MOU) with Alberta.

The race for nuclear fusion gathered pace this week with the UK and Japan both announcing their own plans to crack the technology commercially by the end of the next decade.

Colorado clash - UCAR, a non-profit consortium of North American universities, filed a lawsuit on Monday against multiple US federal agencies, alleging they carried out a coordinated campaign of retaliation against Colorado by cutting research funding, moving to transfer control of key facilities, imposing new reporting burdens, and restricting public communications. The complaint argued these actions lack legitimate justification, were politically motivated, and risk undermining critical national capabilities in weather forecasting and atmospheric research. UCAR is seeking court intervention to halt the measures and restore its funding and operational authority.

Amid sweeping economic, political, and ideological shifts following a historic leadership change, carbon markets have emerged as a central topic of debate in Bolivia as it grapples with a deep crisis and lacks institutional capacity for climate finance.

The tech major said on Tuesday it has signed a multi-year agreement to purchase carbon removal (CDR) credits from a waste processing project that converts municipal waste into biochar, targeting 200,000 tonnes of CO2-equivalent by 2030 while accelerating new pathways for cutting methane emissions.

Solar switch-on – US renewable subsidiary Idemitsu Renewables announced on Monday that its Azalea Solar and Storage project in California reached commercial operation at the end of 2025, marking the start-up of a co-located solar and battery facility supplying the state’s grid. The company added that the Kern County project, financed by Mizuho Bank, Commerzbank, and US Bank and under a long-term power purchase agreement with Sonoma Clean Power, combines 60 MWAC of solar with 38 MWAC/152 MWh of battery storage to shift generation into peak demand periods. It said the project can power around 20,000 homes annually and avoid roughly 50,000 tonnes of CO2 per year.

Down to business - The Carbon Business Council has launched the Direct Storage of Biomass (DSB) Coalition, a new industry working group aimed at advancing the understanding, credibility, and responsible deployment of direct biomass storage as a CDR pathway. The DSB involves the durable storage of organic materials such as waste wood, agricultural residues, biochar, and other biological matter, effectively locking away carbon that was previously absorbed by plants. These materials can be buried or stored underground in sealed environments, offering a method of long-term carbon removal that builds on existing forestry and agricultural systems. The coalition brings together a wide range of stakeholders, including project developers, technology providers, and policy experts, to collaborate on best practices and improve clarity around the pathway. Chaired by Keith Driver of Leading Carbon/Clear Sky Limited, the group includes companies such as Graphyte, Isometric, Puro.Earth, Vaulted Deep, and Living Carbon, among others. Its core aim is to support better-informed decision-making by carbon credit buyers, policymakers, and other market participants. Key priorities for the coalition include publishing a detailed issue brief on how the DSB works and its role in climate and land-use policy, as well as engaging with buyers and stakeholders on its scalability, durability, and potential co-benefits. The group also plans to explore frameworks for responsible biomass sourcing and long-term stewardship, particularly in relation to forestry, agriculture, and land management practices. Industry participants emphasise that DSB has the potential to scale relatively quickly because it leverages existing biomass supply chains. However, they also stress that scaling must be accompanied by robust standards, transparency, and collaboration across the sector. The coalition is intended to shift focus from individual projects to broader industry outcomes, addressing shared challenges such as monitoring, reporting, verification, and policy alignment.

Oregon’s forests are set to become a net carbon source from 2029 through the end of the century, with measures such as restoration and improved land management cutting emissions by up to 45% but not reversing the broader trend, an analysis released this month found.

The High Integrity Forest Investment Initiative (HIFOR) has announced updates to both its methodology and its guide and standard, including changes to align with high-integrity principles for biodiversity credit markets.

A Californian developer turning waste carbon into fibres, polymers, and chemicals has raised $7.5 million in a new funding round, and also announced multi-year offtake deals worth over $60 mln with fashion brands and manufacturers.

A US soil carbon project developer has launched a new sensing technology that aims to improve the monitoring, reporting, and verification (MRV) of soil carbon across grasslands and grazing lands, it announced Tuesday.

Low-quality carbon credits have been given the green light for compliance in the first phase of the international aviation offsetting scheme CORSIA, warned a rating agency.

Two carbon market veterans are developing new market infrastructure to improve trading and help buyers source credits, aiming to provide comparable infrastructure to more mature financial markets.

A Canada-based carbon removal developer has partnered with a digital monitoring provider to deploy measurement, reporting, and verification (MRV) systems at a planned bioenergy with carbon capture and storage (BECCS) facility in Alberta, the companies said Tuesday.

A Mexico-based agtech company has raised $53 million to launch an initiative aimed at agricultural smallholders, it announced on Tuesday.

RGGI Allowance (RGA) prices continued to climb on Monday, after prices skyrocketed last week following stronger-than-expected Q1 auction results, as traders were split on how prices would move in the new post-sale landscape.

Paraguay hydrogen - IDB Invest, the private sector branch of the Inter-American Development Bank, has concluded the coordination of a $420 mln debt financing package to support Project Villeta, Paraguay’s first industrial-scale green hydrogen-based fertiliser plant, led by Atome, it announced last week. The roughly $650 mln project will use Paraguay’s hydroelectric power to produce green hydrogen and convert it into fertilisers for export. Around 90% of its estimated annual output of 262,000 tonnes of fertiliser will go to regional markets.

Blue carbon pilot - The Dominican Republic’s environment ministry and the airport operator Aerodom have signed a letter of intent to explore a blue carbon pilot project aimed at protecting coastal and marine ecosystems while generating credits for voluntary carbon markets inked to aviation decarbonisation, they announced on Friday. Authorities said the effort could also support the country’s emerging carbon governance framework, including a planned National Registry of Environmental and Biodiversity Benefits intended to ensure traceability and integrity for mitigation projects and climate finance.