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TOP STORY
ECS26: FEATURE – Dented investor confidence as EU carbon market grapples with policy risk, political pressure
The EU carbon market is being increasingly shaped by political intervention, macroeconomic uncertainty, and shifting structural drivers, experts said, warning that investor confidence has been severely dented.
DAILY NEWS TICKER
CP Daily News Ticker: 20 April 2026
The CP Daily News Ticker is a running list of all our news updated in real-time throughout the day. This is also the home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
EMEA
EU industries, Spain pile pressure on Brussels to stall hike in ETS benchmarks
A group of heavy industrial companies and trade lobbies, the ceramic industry’s association, and the Spanish government have all expressed concerns to the European Commission about its incoming update to the benchmarks used to determine how many free EU ETS allowances to hand out, according to documents seen by Carbon Pulse.
Berlin floats using Article 6 units in EU carbon market to ease pressure on industry -media
Germany has proposed allowing international Article 6 carbon credits into the EU’s Market Stability Reserve as part of broader plans to retool the bloc’s Emissions Trading System (ETS) around industrial competitiveness, according to a document seen by Bloomberg.
Euro Markets: EU, UK carbon prices drift early before trading in very narrow range as market eyes Iran talks
European and UK carbon prices weakened on Monday, with both markets trading in a very narrow range after initial volatility. while energy markets initially jumped after Iran closed the Strait of Hormuz in response to the seizure by US forces of one of its commercial vessels and then quietened as traders waited for news on peace talks.
INTERVIEW: Lawmaker backs EU ETS price corridor to shore up green investment
French centrist MEP Pascal Canfin sees a price corridor for the EU Emissions Trading System (ETS) as a realistic way to marry market flexibility with the predictability investors need, telling Carbon Pulse it can be designed inside existing market rules without being challenged as a new tax.
Italy at crossroads on net zero path, but has potential for huge scale CDR, finds report
Italy could reach net zero by significantly scaling up carbon removal (CDR), with potential capacity seen as high as 91 million tonnes a year, but only if it acts swiftly, according to a new report.
Biochar plant secures 15-year heat offtake in Germany
A planned biochar carbon removal plant in eastern Germany will supply heat under a long-term offtake agreement, the companies involved said last week.
Tanzania opens carbon markets to local communities under new guidelines -media
Local communities and private forest owners in Tanzania will be allowed to participate in carbon markets under new government guidelines, a government official said in parliament last week, according to local media.
AMERICAS
BRIEFING: Colombia’s troubled national carbon registry haunts regulatory efforts
Limits to Colombia’s national carbon project registry (RENARE) are stunting progress toward launching the national ETS (Spanish: PNCTE), inhibiting voluntary market (VCM) regulation, and necessitating Article 6 workarounds, speakers said at the Colombia Carbon Forum last week.
SCOTUS hands oil companies win in Louisiana coastal lawsuits over historic oil activity
The US Supreme Court (SCOTUS) on Friday handed oil companies a boost in their fight with Louisiana officials over coastal damage costs, siding with Chevron in a case that could shape similar claims against other oil and gas players, including Exxon Mobil.
RGGI Market: RGAs reach all-time high above $30
RGGI Allowance (RGA) futures reached record highs above the $30 mark on Monday as some traders pointed to tightness of supply and demand as the factor driving prices to historic levels recently.
Corporations act on avocado-related deforestation following shareholder filings
Three US-based corporations have committed to act on deforestation linked to their avocado supply chains following shareholder filings on the topic, a report has said.
ASIA PACIFIC
NZ Market: NZU price climbs to 5-month high ahead of climate commission advice
The New Zealand carbon price reached a 5-month high on Friday due to lower-than-expected forestry issuance, while the market anticipates upcoming ETS advice from the Climate Change Commission (CCC).
Liquid carbon exchange essential to unlock private capital for Indonesia’s climate goals, says regulator
Liquidity in Indonesia’s carbon exchange will be critical in diverting private sector finance into decarbonisation projects and help the Southeast Asian country meet its climate targets, the country’s financial regulator said in a new roadmap.
Japanese companies endorse industry consortium to build CCUS hubs in Asia
Two major companies in Japan’s heavy industry have endorsed a business consortium developing carbon capture, utilisation, and storage (CCUS) hubs across Asia.
India, South Korea sign Article 6.2 cooperation agreement
The Indian and South Korean governments on Monday announced they have signed a memorandum of cooperation (MOC) under Article 6.2 of the Paris Agreement.
Pakistan province could generate millions in carbon credits from cattle, study finds
Cattle in Pakistan’s Punjab province could generate millions of dollars in climate finance by converting manure into biogas, fertiliser, and carbon credits, according to a government-backed feasibility study.
Malaysian state signs agreement to explore NbS projects with oil and gas firm
Malaysia’s Terengganu state has signed a memorandum of understanding with an oil and gas company to explore the development of nature-based carbon projects.
VOLUNTARY
VCM Report: CORSIA prices strengthen, Indonesia opens up to international carbon market after three years
Spot credits for Phase 1 of CORSIA traded around $14 this week, while the ending of Indonesia’s moratorium on selling voluntary carbon units internationally looks set to unleash a flood of fresh REDD issuances onto the market.
INTERVIEW: Uncertainty over Microsoft CDR purchases unlikely to derail nature-based carbon removal market
The market for nature-based carbon removals will withstand Microsoft’s possible pause in carbon removal (CDR) activity, with investor appetite and a broader base of corporate buyers looking to support the sector, according to an expert.
New carbon finance company secures $50 mln to scale Kenya agroforestry project
A new carbon finance company launched on Monday said it secured over $50 million to expand a Kenya-based agroforestry carbon project, pitching early-stage funding as a way to unlock stalled projects and draw in institutional capital.
Nature-based project developer seeks up to €700k via retail crowdfunding platform
A nature-based carbon project developer has launched a crowdfunding campaign to raise up to €700,000, as smaller firms in the voluntary carbon market explore alternative financing routes.
Forest-based BECCS likely to raise emissions for decades -study
Burning wood for carbon capture projects is unlikely to deliver net carbon removals for up to 150 years, with emissions in one modelled scenario remaining more than double those of natural gas with CCS over that period, new research found.
INTERNATIONAL
CORSIA carbon credits clear above $14 in first auction by Doha-based organisation
A Qatar-based carbon market initiative has completed its first auction of CORSIA-eligible credits, with units from a Cambodian clean water project clearing above a $14/tonne floor, it announced Monday.
Cost of meeting CORSIA offset demand may hit $2 bln for 2025
The cost of meeting demand for CORSIA-Eligible Emissions Units (EEUs) in 2025, at current market prices and based on expected sectoral growth figures, could near $2 billion, according to industry data presented at the Colombia Carbon Forum last week.
Solar booming in ‘Age of Electricity’ to squeeze out fossil fuel emissions, finds IEA
The renewables boom slowed global growth in energy-related CO2 emissions to a tiny fraction last year, according to the International Energy Agency (IEA).
Global solar surge halted growth of fossil power in 2025 -report
Solar and wind met almost all electricity demand growth last year, while fossil generation stayed flat, according to the latest report by an energy think tank.
Directors of fossil fuel companies considered most exposed to legal risk following ICJ opinion, non-profit says
The International Court of Justice’s (ICJ) Advisory Opinion on the Obligations of States in respect of Climate Change (ICJ Opinion) is already driving legal and regulatory developments, with directors of companies in the fossil fuel sector considered most exposed to associated risk, a research and advocacy organisation said Monday.
SHIPPING
Global carbon price for shipping back on the IMO negotiating table
Countries around the world are back to negotiating a carbon price for international shipping, with hoping to reach final adoption later this year – but they will have to contend with intense pressure to break the current framework apart.
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EVENTS
ClimateGlobal 2026: May. 12, Vancouver – bringing together 300+ founders, investors, and operators from the Canadian and international climate tech ecosystem to explore what comes next and how to actually get there. This second edition will focus on two themes: “The Canadian Opportunity” and “Going Global from Canada”. Confirmed attendees include trade missions from ASIA and LATAM, North American and EU investors as well as global corporations and startups. If you are raising, selling, or expanding internationally make sure to be in the room. Register here.
European Climate Summit 2026: Apr. 14-16, Barcelona – To kick off its annual regional Climate Summit series, IETA looks forward to welcoming delegates to the flagship European Climate Summit (ECS) 2026, taking place at Casa Llotja de Mar in Barcelona, Spain. ECS takes place amid a rapidly changing geopolitical landscape, even as carbon markets continue to mature and expand. A new political cycle for EU climate action has begun, and the task of preparing carbon markets for their next stage presents both new challenges and opportunities. In this dynamic context, competitiveness, integrity, and innovation will be at the heart of the discussion. ECS provides an excellent opportunity to engage with policymakers, business leaders, and climate market pioneers who are shaping the future of carbon markets. Organised by IETA, ECS is an in-person event. Register here.
Carbon Removal Investment Summit 2026: May 13, London – The Carbon Removal Investment Summit returns to London on May 13, 2026. cCarbon’s flagship, data- and modelling-driven dialogue brings together 200+ attendees from 160+ organisations, including investors, financiers, buyers, policymakers, developers, and market leaders shaping the carbon removals market. The summit features 40+ expert speakers across 10 curated sessions, along with a private investor conclave for deeper discussions among leading capital providers. The agenda explores where capital is moving, how investment and offtake structures are evolving, and what it will take to move from early momentum to meaningful scale. Register here.
Power Summit: June 3-4, Helsinki – Join Eurelectric’s annual summit, where policymakers, industry leaders and innovators will explore how electrification can power Europe’s secure, competitive and climate-neutral future. This year’s edition will focus on accelerating electrification, strengthening energy security and mobilising investment for the energy transition. Register now.
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JOB LISTINGS THIS WEEK
- *Carbon Sales Manager, BioLite – Remote/Kenya/Europe
- *Environmental Markets Correspondent, Carbon Pulse – Toronto/Vancouver
- *Asia-Pacific Environmental Markets Correspondent, Carbon Pulse – Remote
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