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.

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.

A senior European Commission climate official has said they would like to see a carbon removal (CDR) ‘Buyers’ Club’ prototype emerge from a European Carbon Farming Summit taking place in Italy this week.

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.

A pathway combining phased fossil fuel mitigation, including pricing, with limited carbon removals (CDR) would meet international climate targets while delivering the highest long-term GDP per capita, according to new modelling of COP28-aligned scenarios.

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.

Coca-Cola Europacific Partners (CCEP), one of the world’s largest Coca-Cola bottlers operating across Europe and Asia Pacific, has reduced its absolute GHG emissions across Scope 1, 2, and 3 by 18.9% since 2019, it said in its annual report.

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 European Parliament’s environment committee on Tuesday voted down a resolution that sought to reject the European Commission’s proposal on permanent carbon removal activities under the EU’s Carbon Removal and Carbon Farming (CRCF) certification framework.

Sweden has launched a funding call of around SEK 15 million (€1.4 mln) to support carbon removal (CDR) research, covering projects involving the capture, transport, and geological storage of biogenic CO2 or CO2 removed from the atmosphere.

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.

For the small - An Indian small-cap chemicals maker AVI Polymers said it has launched a subsidiary, AVI Waste Management, to develop AI-based carbon accounting and sustainability systems for small and medium-sized enterprises. The platform aims to offer tools such as carbon footprint estimation engines, emissions dashboards, automated environmental reporting, and carbon-reduction tracking. AVI said the subsidiary will focus on helping SMEs build emissions data records and prepare for participation in carbon credit and sustainability-finance ecosystems.

A Tokyo-headquartered climate tech company on Tuesday announced its acquisition of a carbon credit data platform to expand its consulting business, weeks ahead of the mandatory phase of Japan's national emissions trading scheme.

A Swedish carbon analytics company has launched an enterprise platform to help companies manage and retire EU emissions allowances (EUAs) as voluntary climate action, it announced Tuesday.

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.

India’s northern state of Himachal Pradesh is seeking a developer to help generate and sell carbon credits from its electric bus fleet, as the Himalayan state steps up efforts to tap into carbon markets.

Japan's Mitsubishi Electric and the Institute of Science Tokyo have developed what they claimed to be the world's first hybrid blockchain technology to ensure the reliability of environmental value trading.

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.