A carbon exchange that claims to be mopping up Clean Development Mechanism trade before the UN body closes, has slashed its fees, and announced it will be opening up for an fresh investment round.

Offset project financier Carbon Streaming Corp. on Monday reported sharply reduced losses for 2025 and signalled a continued shift towards portfolio optimisation and asset sales, as the company seeks to stabilise its balance sheet following a turbulent period marked by project setbacks and legal disputes.

After years with only one eligible supply source, credits approved for CORSIA use in its current phase have begun to steadily flow onto the market, reaching above 30 million earlier this year, but in light of an escalating war in the Middle East that has disrupted international air travel and jet fuel flows, as well as a lack of legislated penalties for non-compliance, some participants are now questioning whether the global aviation offsetting scheme has a growing demand problem.

A new draft corporate climate framework, put forward for consultation by the Greenhouse Gas Protocol, could signal a major shift in how companies disclose climate action, separating inventory reporting from how carbon credit use is communicated.

Singapore and Thailand on Tuesday launched a call for carbon credit project applications under their bilateral Article 6 implementation agreement, marking the operational phase of the deal.

Indonesia saw 66% more deforestation last year than in 2024, according to a Javan non-profit that links the spike to the government’s push to convert 20 million hectares of forest into agricultural land.

Making progress - Malaysia has endorsed nine forest conservation projects under its Forest Conservation Certificate (FCC) programme, with plans to raise about MYR 30.2 mln ($7.4 mln) to support reforestation, river rehabilitation, and forest protection efforts across several states. The projects, selected from 29 applications, are part of efforts to address a wider MYR 1.4 bln funding gap in conservation financing, officials said. The FCC functions as a performance-based, non-market mechanism that channels private sector funding into verified conservation initiatives, while allowing companies to meet sustainability goals and benefit from tax incentives.

Cheap and best - India has discovered a record-low price of INR 49.75 ($0.53) per kg for green ammonia through a competitive bidding process conducted by the Solar Energy Corporation of India (SECI). The auction allocated 724,000 tonnes per annum of supply to multiple developers, with output linked to 13 fertiliser units under long-term agreements lasting 10 years. According to the officials, the pricing breakthrough will help scale up green ammonia production, reduce reliance on imported grey ammonia, and strengthen energy security, with potential savings of nearly $2.5 bln in foreign exchange over the next decade. The development is part of India’s broader push under the National Green Hydrogen Mission to decarbonise hard-to-abate sectors such as fertilisers and industry.

Vietnam has published facility-level greenhouse gas emissions quotas under its pilot emissions trading system (ETS) ahead of expected tightening after 2026.

Integration - Carbon EX, which operates a marketplace for trading of carbon credits and renewable certificates, said it has started API integration with Tokyo's carbon market, operated by the metropolitan government. This integration will make some of the credits handled by Carbon EX's platform available for purchase on the megacity's carbon market by connecting private platforms with government infrastructure, the company said.

Working with farmers - Japanese project developer Green Carbon has concluded a demonstration on the application of alternate wetting and drying (AWD) technique in paddy fields in collaboration with farmers and domestic universities. The company said it aims to develop a new J-Credit methodology based on the results, which showed a higher methane emission reduction effect under the condition of implementing AWD after mid-season drainage. The developer recently also launched a support programme for dairy farmers to decarbonise manure management and create carbon credits based on a J-Credit methodology (AG-002).

Japan's domestic voluntary carbon market has received a boost after the J-Credit administration on Tuesday announced the registration of 18 new projects, which would create around 3 million credits over their lifetimes.

Stricter emissions baselines for expanding coal and gas facilities could prevent Australia’s Safeguard Mechanism from blowing its emissions budget while giving more time for emissions-reduction technology to mature, according to modelling published this week.

A Singapore-based carbon markets expert who headed Asia sustainable finance at WWF will now work on the city-state’s Article 6 deals at The Nature Conservancy (TNC), she announced Tuesday.

A new fund aimed at investing in companies developing technology to decarbonise hard-to-abate sectors in Australia has raised A$50 million ($34.2 mln) at its first close.

LNG, likely no gas – The war on Iran has likely killed the New Zealand government's plan to build a new LNG import terminal in pursuit of energy security, the CEOs of two of the country's gentailers said at a conference on Tuesday. RNZ reported Genesis CEO Malcolm Johns saying the acronym stands for likely no gas, while Meridian’s chief executive, Mike Roan, said the US has put a bazooka through the plan. The NZ Herald reported Prime Minister Christopher Luxon saying Monday said the government would scrap the plan if the business case doesn’t stack up – despite climate and energy minister Simon Watts doubling down on the plan when asked about it by Carbon Pulse earlier this month.

Beetaloo bug – Shareholder activist group Market Forces and Equity Generation Lawyers have lodged a complaint with the Australian Securities and Investments Commission (ASIC), claiming that APA Group misrepresented costs, scale, and financial viability of fracking in the Beetaloo sub-Basin. In a letter accompanying a press release Tuesday, the non-profit said that the development is unlikely to be commercially competitive – contrary to APA’s claims – and that its size has been misrepresented. These misrepresentations, among others, are likely to mislead or deceive investors, the group contended, and is indicative of a trend among fossil fuel companies to overstate the financial viability of projects. A Market Forces report last year said that the Beetaloo project would generate 1.1 bln tonnes of emissions over its lifetime, undermining Australia’s efforts to reach net zero by 2050.

Green exemption – New Zealand’s Financial Markets Authority (FMA) has granted a class exemption to make it easier for issuers to offer green, social, sustainability or sustainability-linked (GSSS) bonds, it said on Tuesday. Under the exemption notice, issuers are not subject to the usual disclosure requirements if they are offering bonds that have the same features as existing quoted bonds, except for a different interest rate, redemption date, and GSSS status, FMA said. Removing this regulatory burden should incentivise issuers to offer GSSS bonds, and grow New Zealand’s sustainable finance market, it added.

Global muster  – Forty-five countries have already signed up to attend a conference in Santa Marta, Colombia in April to launch a coalition to transition away from fossil fuels, the Colombian government said in a press release on Monday. Building on calls at COP30 in Belem for a roadmap for the shift to cleaner fuels, the attendees for the Apr. 24-29 event represent around 20% of global fossil fuel production and nearly a third of consumption. Participants will include Australia, Brazil, Canada, Fiji, Germany, Jamaica, Papua New Guinea, Senegal, Tuvalu, the UK, and Vanuatu, among others. As well, the COP30 and COP31 presidencies will participate, as will the European Commission.

The head of BP's Asia Pacific carbon and Australian power origination in Singapore has resigned, they confirmed in a social media post Tuesday, one of several carbon traders at various organisations finishing up their postings in recent weeks.

The Papua New Guinea government has approved the first carbon project in the country aligned with its new market system, it said.

A broader shift to greener electric arc furnace (EAF) steelmaking will significantly drive down emissions from China's oversupplied steel sector, while restoring steelmakers' profitability, a report has argued.