The EU's Carbon Border Adjustment Mechanism (CBAM) has encouraged other countries to adopt carbon pricing measures since Brussels first raised the idea in 2019, according to a first analysis of the policy's direct effect on EU trade partners. 

The main technical partner for structuring and implementing Article 6 in Paraguay has opened a call for expressions of interest (EOI) for mitigation activities, aiming to build a pipeline of projects eligible for international carbon transactions.

Carbon removal (CDR) should be reserved for the most difficult-to-eliminate emissions and allocated based on responsibility and capability, researchers said, arguing that misusing limited supply could undermine climate targets.

Carbon markets have been elevated to a core element of Paraguay’s long-term sustainable development strategy, with Paris Agreement Article 6 mechanisms at the forefront, the country's president and several senior government officials said at an event on Wednesday.

While supply under Article 6 remains limited, Norway sees a strong future for Paris Agreement market mechanisms and plans to keep up its engagement despite a recent vote to scrap the country's 2030 carbon neutrality goal, a political advisor to the government told Carbon Pulse.

A low-carbon cement producer has partnered with a carbon data firm to assess its carbon intensity and model potential value against mechanisms including the EU's Emissions Trading System (EU ETS) and Carbon Border Adjustment Mechanism (CBAM), the companies said Wednesday.

India’s cabinet on Wednesday approved an updated set of climate targets under the Paris Agreement, outlining a proposed pathway to 2035 that deepens emissions intensity cuts and expands clean energy capacity, even as the plan awaits formal submission to the UNFCCC.

A large tranche of cookstove credits from a project in Rwanda are expected to become eligible under the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) after being certified under Verra’s VM0050 methodology.

Georgia has unveiled a new climate strategy that positions the country to participate in international carbon markets under Article 6 of the Paris Agreement as it seeks to reduce emissions 50% by 2035, compared to 1990 levels.

A new African alliance – The Southern Africa Alliance on Carbon Markets and Climate Finance will be officially launched in Victoria Falls, Zimbabwe on Thursday in a major step in strengthening regional cooperation on carbon markets across the continent. The initiative aims to build robust, transparent, and effective frameworks to help countries in the region leverage opportunities under Article 6 of the Paris Agreement, enabling international carbon trading. The alliance will enhance coordination among African nations, support knowledge sharing, and promote best practices, while advancing environmental integrity and sustainable development.

Some 140,000 credits eligible for use under the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) from a Cambodian water purifier project are due to be auctioned next month, the organisers of the event confirmed Wednesday.

The aviation sector’s international offsetting programme, CORSIA, is unlikely to accept all credits issued under one of the Paris Agreement’s Article 6 mechanisms, market participants told Carbon Pulse on Wednesday.

At a time of spiralling jet fuel prices, the appeal of sustainable aviation fuel (SAF) is becoming stronger, with the fuel boasting energy security alongside lower emissions, experts say.

Europe’s decisions on its Emissions Trading System (ETS) and its future use of international carbon credits will have knock-on effects on the development of carbon markets in Asia, analysts said.

Turkish cement producers have warned that the EU’s Carbon Border Adjustment Mechanism (CBAM) risks acting as a de facto trade barrier unless Brussels recognises the country’s own emissions data collected under a monitoring, reporting and verification (MRV) system aligned with EU rules, industry association Turkcimento has said.

Airline fuel gamble – European carriers are delaying fresh jet fuel hedging, betting the Iran war-driven price spike will ease later this year even as spot costs soar to about $180 a barrel, the FT reports. Ryanair and Lufthansa have paused new contracts after already hedging roughly 80% of 2026 needs at pre-crisis levels, while EasyJet is sticking to its strategy but expects pricier “top-ups”. Executives hope to lock in far lower forward prices near $70-80 a barrel in coming years, but analysts warn the strategy leaves airlines exposed to further volatility and potential ticket price hikes. (Financial Times)

Compliance markets potentially risk sidelining higher-tech and more expensive mitigation activities, developers warned, arguing that lower-cost supply could divert investment from complex, capital-intensive projects.

Geological carbon storage (GCS) features in most major fossil fuel-producing countries’ climate plans, but references often fail to reflect domestic policy and investment activity, a think tank's new briefing has found.