A tranche of more than 85,000 forestry carbon credits using a dynamic baseline approach has been supplied to a major bank, reflecting growing use of evolving quantification methods, it was announced on Thursday.

Measuring miles – North American offset provider Karbon-X and the Canadian Banff Half Marathon said on Thursday that they have completed an emissions assessment for the 2025 race, quantifying its climate impact and retiring credits to balance emissions. The companies said the assessment, conducted with advisory firm BrightSpot Climate, measured over 1,600 tCO2e across sources including participant travel, energy use, and race operations, with verified credits retired against the total. They added that event-level emissions accounting, particularly including travel-related impacts, remains relatively uncommon across the endurance sports sector. Organisers also pointed to expanded transport measures and a target to cut event-related emissions 50% by 2030 under the UNFCCC Sports for Climate Action network.

The small-scale afforestation, reforestation, and revegetation (ARR) sector is already well established in Spain, but it needs domestic and EU regulators to add it into carbon compliance systems to attract demand and funnel investment into rural areas, a developer told Carbon Pulse.

Product-level emissions - The Greenhouse Gas Protocol has announced its members of the  joint working group focused on developing an updated product-level GHG accounting standard with ISO. The two organisations are stewarding the development of a harmonised, science-aligned global system for accounting and reporting GHG emissions, of which the updated product-level standard is a core priority. The updated standard will maintain continuity with existing ISO and GHG Protocol frameworks, while moving towards a unified global methodology, in line with the changing needs of companies, investors, and regulators, and responding to growing demand for granular value chain emissions data. It will also support rollout of mechanisms such as carbon border fees that require detailed product-level emissions accounting. A ISO-GHG Protocol Product Webinar will be held on Apr. 24 at 15:00 CET. Register here.    

Corporate climate action accelerated sharply in 2025, with a 40% rise in companies adopting science-based emissions reduction targets, according to a new report released by the Science Based Targets initiative (SBTi).

A carbon removal registry has unveiled a new module aimed at accelerating the growth of mobile biochar production, a fast-emerging approach to capturing and storing CO2 at smaller, distributed sites.

Malaysia’s federal government and the state of Sarawak have agreed to form a special joint committee to coordinate carbon policy implementation, in a move to better align regulations and pricing.

A growing number of companies are adopting a new climate milestone known as “operational net zero”, as pressure mounts to deliver credible emissions cuts ahead of 2030 targets, according to a white paper released this week by a climate advisory and investment firm.

A large bank has struck a carbon removal deal with a US-based developer in an agreement that also aims to reduce wildfire risk, it was announced Thursday.

The United Nations High Commissioner for Refugees (UNHCR) has announced it will work with two partner groups to kickstart reforestation and clean cooking carbon projects and generate credits at refugee camps in Uganda and Rwanda.

Confidence in achieving Paraguay's emissions-reduction goals stated in its Nationally Determined Contribution (NDC), partially on the back of the country’s jurisdictional REDD+ programme, is enabling the government to authorise all generated credits freely for international transactions.