The Integrity Council for the Voluntary Carbon Market (ICVCM) released a report from its Continuous Improvement Work Program (CIWP) on Tuesday focused on scaling carbon markets, calling for stronger infrastructure to support market trust and efficiency.

European lawmakers warned on Tuesday that the use of European Commission powers to suspend the EU Carbon Border Adjustment Mechanism (CBAM) for entire industries could weaken incentives for companies to invest in decarbonisation.

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 EU could better target free emissions allowances to sectors most at risk of global competition, according to new analysis published Tuesday.

The European Commission’s December reforms to the Carbon Border Adjustment Mechanism (CBAM) represent a significant step in bringing the EU’s flagship carbon border policy into full operation, but major design questions remain unresolved, according to a new analysis.

e-SAF mandate challenge - European airlines are preparing to oppose EU rules requiring the use of synthetic sustainable aviation fuel (SAF) from 2030 and plan to call for a delay or repeal of the mandate due to concerns about high costs and insufficient supply, sources told Reuters. The announcement is expected at an industry event hosted by trade group Airlines for Europe (A4E) and details are still being finalised. Non-profit Transport & Environment has said A4E wishes to postpone the eSAF mandate until enough production is online, but another source said airlines were also considering calls for the mandate to be scrapped altogether. Synthetic SAF projects with ⁠firm investment are expected to only produce 0.7% of volumes needed to meet EU targets in 2030 - leading passengers to pay billions of euros in penalties, pushed onto airlines by fuel suppliers, according to A4E. Airlines say that planned e-SAF production facilities are unlikely to come online in time to meet the mandate.

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.

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.