Transition credits would benefit from targeted guidance, with tailored definitions and requirements regarding environmental and social integrity, according to an Integrity Council for the Voluntary Carbon Market (ICVCM) working group examining the assessment of emerging approaches to phasing out fossil fuel-fired power plants.

Project finance – Brazil’s national development bank (BNDES) announced on Tuesday that it has disbursed R$21 mln ($4 mln) to restore 900 ha in the Irati National Forest. The funds will be allocated to sustainable management and ecological restoration activities, including the gradual removal of exotic species and their replacement with native species linked to the Atlantic Forest biome. This initial disbursement for the Irati National Forest project, led by the group Ibema Participacoes, was made possible through a partnership with BTG Pactual and Safra. The amount forms part of a R$110 mln financing package approved and announced during COP30 in Belem for BNDES’s first concession in the Atlantic Forest.

As EU policymakers decide what counts under the CBAM as an effective carbon price paid abroad, a special case – jurisdictions that allow carbon taxes to be offset with voluntary carbon credits – raises questions about which carbon prices follow in the spirit of the regulation.

One of Latin America's largest clean cookstove projects recently received an AA rating and is now aiming to be eligible for the international aviation offsetting scheme (CORSIA).

The price of CORSIA eligible credits rose to their highest level since February last week, despite experts warning a prolonged Middle East war may have downside risks for demand.

A Calgary-based carbon offset provider is partnering with a Swiss GHG accounting and sustainability advisory firm to expand its offerings.

All hands on deck - Ghana's Environmental Protection Agency (EPA) is contemplating carrying out a study into the feasibility of introducing “a novel voluntary domestic carbon credit trading scheme involving Ghana's top 100 GHG emitting companies" to support the implementation of its NDC, wrote Daniel Tutu Benefoh of the EPA on LinkedIn. Benefoh, who leads the organisation's mitigation, GHG inventory, and reporting programme, said the plan is to start with a concept note, followed by consultations, a survey, design options, a pilot, and finally a phased rollout.

Canada's electric shift – Parcel and freight carrier GLS Canada and Orange EV, a Kansas-based manufacturer of electric terminal trucks, have deployed electric yard trucks across Montreal, Toronto, and Winnipeg to support the decarbonisation of logistics operations, it was announced on Monday. The companies said the rollout of Orange EV’s HUSK-e terminal trucks marks one of the first such deployments by a major parcel and freight carrier in Canada. Each vehicle is expected to eliminate 80-90 tonnes of CO2 annually.. The move forms part of GLS Canada’s broader emissions reduction strategy aligned with Science Based Targets initiative (SBTi) goals.

A Switzerland-based carbon standard has opened a public consultation on an updated methodology for biochar carbon removal credits, introducing changes to how carbon storage durability is assessed and expanding participation in projects, it said.

A German peatland restoration project has partnered with a carbon market intermediary to sell credits from a rewetted site in Lower Saxony, it announced Tuesday.

New recruit - Law firm Philip Lee has expanded its US team by recruiting Walker Stanovsky as counsel, who brings with him over 10 years experience advising clients on carbon, climate, and clean energy. His practice spans voluntary and compliance carbon markets, climate project development, carbon credit transactions, and the legal and regulatory frameworks behind climate solutions. He has advised on matters including soil carbon, carbon removal credit structures, and corporate climate strategy and reporting. (Irish Legal News)

The US oil blockade of Cuba has exacerbated the country's energy security problem, while also accelerating a shift to renewables, which has included a push to develop carbon markets, according to experts.

Biochar credit prices are diverging, with industrial projects priced higher than artisanal alternatives, reflecting differences in monitoring, durability, and delivery risk, according to a new analysis.

A US-based forest carbon project developer said on Tuesday it had been issued more than 95,000 carbon credits carrying Verra’s carbon removals tag, marking the first issuance from a US-based IFM project using the registry’s new tool.

A US-based aerospace company has agreed to purchase at least 40,000 soil-based carbon removal (CDR) credits from a Texas-based developer under a multi-year offtake deal, the companies announced last week.

Carbon accounting for finance – The Partnership for Carbon Accounting Financials (PCAF), a global initiative of financial institutions, reported rapid expansion in 2025, with 151 new signatories taking its membership to 719 institutions managing nearly $100 trillion in assets across more than 85 countries. The initiative updated its global Scope 3 Category 15 standard, expanded technical assistance and database tools, and integrated the CEDA dataset to support more granular financed emissions accounting. Accredited partners rose from 8 to 31 worldwide, PCAF launched an India chapter and a new Engagement Group for central banks and regulators, and now receives 84% of its $7.1 million revenue from signatory fees.

A flagship forest carbon project in Indonesia is shifting ownership into local hands from its Hong Kong-based developer, as regulatory pressure reshapes control over voluntary market assets in the country.

Ethiopia could unlock billions of dollars in carbon market revenues by scaling up land-based sequestration activities, but will need to overhaul governance frameworks and prioritise state-led pilot projects to attract investment, according to a new study.