A Sao Paulo-based project developer won on Wednesday an auction for Brazil's first concession for forest restoration focused on carbon credits as the primary source of revenue.

The ART Secretariat has accepted two documents from Ecuador under the TREES jurisdictional REDD+ (J-REDD+) standard, marking the first advancement in Ecuador’s ART TREES journey in five years.

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 European energy supplier and an integrated energy major closed the first-ever trade for certified methane emission reductions on a spot exchange, in a sign of a growing interest in tackling the greenhouse gas. 

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.

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.

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.

London-based global lender HSBC will only provide financing to carbon projects issuing credits certified by the Integrity Council for the Voluntary Carbon Market (ICVCM), a senior executive said on Wednesday.

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.

The first fully digitised carbon credits have been issued under Gold Standard using just digital monitoring, reporting and verification (dMRV), and traceable on the Hedera Guardian public ledger.