Green finance pathway – The Reserve Bank of Vanuatu held a workshop to advance its Inclusive Green Finance Roadmap 2026-30, as part of the Global Green Growth Institute’s (GGGI’s) Greening the Pacific Financial Systems programme, the Seoul-based organisation said. The roadmap addresses both the country’s vulnerability to climate-related impacts and the financial exclusion of a significant share of the population, GGGI said, by promoting access to climate-responsive financial products and climate risk insurance. GGGI added that the roadmap will guide coordinated action, strengthen ESG practices, and mobilise climate finance to support the population.

A prolonged Middle East energy supply disruption would increase near-term coal use and emissions before accelerating a long-term shift towards energy independence led by renewables and nuclear power, an energy consultancy warned on Wednesday.

Pyrolysis lines packed – The eight pyrolysis lines of Exomad Green's third biochar production plant in the Guarayos department in Bolivia, currently under construction, are ready to be shipped from its Chinese supplier, manufacturer Beston Group said on LinkedIn this week. The announcement is part of the second phase of the partnership between the two companies, which entails total support to Exomad's objective of reaching 1 mln tonnes of biochar produced per year by 2027 with 15 operational systems. Beston Group has already supplied BST-50 pyrolysis technologies to the Bolivian developer.

Carbon credit retirements fell in the first quarter of 2026 while average prices edged higher, data published Wednesday showed, with higher-value units increasingly associated with projects meeting stricter quality, compliance, and methodological criteria.

Multinational extractive companies – including oil and gas companies – channel a larger share of their profits into tax havens during commodity booms, a study by the Paris School of Economics’ tax observatory has found.

Surging fuel prices driven by the Iran war have alerted companies and policymakers to the energy security benefits of greener alternatives, which could help galvanise momentum on a global framework for shipping emissions, according to experts.

LoA expected soon - Canada-based carbon finance firm Base Carbon on Wednesday said it is ready to move its Vietnam household devices project into the government’s approval pipeline once new rules take effect, with local partner SIPCO preparing application documents. The company expects to advance the project through the letter of authorisation (LoA) process shortly after the decree becomes effective in May. SIPCO, the in-country project developer, is leading documentation efforts required for regulatory submission. The move positions the project to seek authorisation for international credit transfers under Article 6 of the Paris Agreement.

Voluntary cancellations of Kyoto-era carbon credits in Australia surged in March, driven by a handful of large transactions and continued reliance on Certified Emission Reductions (CER), registry data showed.

Backs out - India has withdrawn its bid to host the COP33 UN climate summit in 2028 after reviewing its commitments for that year, Climate Home News reported. The decision, conveyed to other nations on Apr. 2, was not publicly announced and came without detailed explanation. The move leaves South Korea as the only known contender, with a final decision on the 2028 host expected later this year.

Carbon neutral candy - Nakamura, a long-established confectionery in Japan's Nagoya, has launched what it claims to be the first "carbon neutral candy" in the domestic market. The company said it managed to reduce emissions from candy manufacturing by 44% by switching to organic raw materials. The remaining 56% emissions have been offset by the use of domestically issued offsets, following the purchase of J-Credits from forestry projects, according to a company statement.  

Design for China's carbon futures products should reflect the characteristics of the Chinese emissions trading system and cover risk control mechanisms, a new paper suggested.

Biomass boiler - Vihaan Clean & Green Tech, an India-based environmental infrastructure firm, said in a press release that it has started a 100% biomass-based boiler plant in the state of Gujarat that is expected to cut around 81,000 tCO2 annually. The company, which provides centralised water, energy, and waste management solutions for industrial clusters, said the facility will use agricultural waste as fuel, reducing reliance on fossil fuels. Vihaan added the project enhances energy security and operational resilience amid volatile global fuel markets.

All ears -  Committees under the Joint Crediting Mechanism (JCM) are seeking public input on two proposed offset methodologies. The Japan-Bangladesh committee has issued a call for feedback on a methodology for water management in rice paddy fields, while the Japan-Philippines committee is gathering thoughts on a proposal for afforestation/reforestation methodology. The window for input on the two proposals will be open until Apr. 22, according to the notices.        

Japan's national space agency has decided to subsidise two players in the domestic carbon sector, who aim to leverage satellite data for the creation of carbon credits.

Game on -  Australia is launching its "Game On" grants programme, providing A$35.3 mln  ($24.9 mln) over two funding rounds to help up to 500 community sporting clubs improve energy efficiency, reduce emissions, and become more resilient to climate impacts, it announced. Eligible projects include installing solar PV, batteries, energy audits, and upgraded lighting or HVAC systems. The federal government said by lowering energy costs and improving resilience to extreme weather, the initiative aims to free up more funding for grassroots sport, benefiting the millions of Australians who use community sporting facilities each year.

A regenerative agriculture certification body has updated its carbon insetting rules, tightening integrity requirements and introducing a new additionality approach as it seeks to scale supply chain-based climate claims.

Turkiye has built Europe’s largest battery project pipeline also increasing its renewable power share, though coal remains the country’s main electricity source, according to analysis released Wednesday.

An Australian biogas project developer is nearing a positive final investment decision on a project in New South Wales that will supply biomethane to fire low-carbon bricks and generate Australian Carbon Credit Units (ACCUs) it announced Wednesday.

Biomass boost – New Zealand’s Genesis Energy has signed an agreement with Nature’s Flame to advance feasibility studies and negotiations on the production and supply of torrefied wood pellets, the gentailer said in a press release Wednesday. The biomass would be used in place of coal at Huntly Power Station, the country’s largest coal-fired generator with a capacity of 1,200 MW. Nature’s Flame currently makes white pellets at its plant in Taupo; the agreement with Genesis is to explore the possibility of adding a torrefaction facility, as well as determine key terms for a supply agreement. Genesis is aiming to source 300,000 t of biomass a year for Huntly by FY 2028, and last year signed agreements with Foresta and Carbona. New Zealand’s electricity system is dominated by renewables, but is currently reliant on fossil fuels to fill the gap in dispatchable energy, such as in dry years. Power generation is covered by the NZ ETS, boosting the economic case for biomass.

REDDy for credits – A REDD+ project in Bhutan is seeking 1.8 mln credits for reductions over 2020-24, documents from ART TREES showed. The Article 6 and CORSIA eligible project’s monitoring and registration documents opened for public comments on Apr. 7, for 30 days. It follows the royal government’s publication of its carbon market rules at the end of December, including for ITMOs.