The European Commission is set to propose strict eligibility criteria for carbon credits used by EU airlines under the UN’s CORSIA international aviation offsetting scheme, according to sources, who warn that carriers may face near-zero supply for Phase 1 if implemented.

Fears of buyer concentration in durable CDR are overstated: beneath the headlines, a more diverse corporate base is emerging, and with the right financial infrastructure, institutional capital can unlock the scale the market needs.

Verra has approved the issuance of the first credits under its afforestation, reforestation, and revegetation (ARR) methodology.

LATAM companies and governments last week announced deals – clinched or anticipated – that were collectively worth well over $1 billion, continuing a trend in select countries toward high-value carbon financing agreements, even as some jurisdictions falter.

The Pittsburgh Penguins professional ice hockey team has retired more than 12,500 tonnes of carbon credits sourced from local forest conservation projects in the US northeast.

Angola’s government is working on legislation to establish a national emissions trading system (ETS) and to structure its participation in international carbon markets, a policy advocate engaged in the process told Carbon Pulse.

Malaysia has launched its National Carbon Market Policy (DPKK), setting out a framework to develop a domestic market and tap international finance under the Paris Agreement to help deliver on conditional emissions reduction targets.

Integrating carbon removal (CDR) technologies into wastewater, concrete recycling, and mining waste management could turn these sectors net negative at marginal cost increases, according to a report released Tuesday.

Vietnam has launched a new initiative in partnership with South Korea to fund climate technology startups, as the country seeks to nurture a pipeline of investable low-carbon solutions.

An Australian carbon project developer has announced a leadership restructure by moving from a shared co-CEO structure to having just single chief leading the outfit. 

For the family – The non-profit American Forest Foundation launched a data visualisation map on Monday to highlight conservation benefits from family-owned forests in Central Appalachia– a tool that combines previously disparate data sources into a centralised map of privately-owned forests. Viewers can see online a map of watersheds providing clean drinking water to downstream communities, the migration corridors for wildlife species, and fire alerts tha that highlight the importance of active forest management. The map also offers access to documents for due diligence and programme overview. The non-profit plans to update the map with more data sources and features.