CP Daily News Ticker: 5 May 2026

Published 00:01 on May 5, 2026 / Last updated at 00:01 on May 5, 2026 / Daily News Ticker

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Introducing the CP Daily News Ticker, a running list of all our news updated in real-time throughout the day. This is also the new home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
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  • Tue 22:46
    A new modelling study projecting the evolution of the Southeastern US forest sector to 2070 warns of a gradual decline in the region’s carbon sink, with potential implications for the offset market.
  • Tue 19:00
    Carbon credit registry ACR has updated its carbon capture and storage (CCS) methodology to include a wider range of carbon removal (CDR) projects eligible to generate credits, including direct air capture (DAC), bioenergy with CCS (BECCS), biomass carbon removal and storage (BiCRS), and certain CO2-enhanced oil recovery (EOR) projects.
  • Tue 17:40
    Mind the gap - A new study found a persistent gap between the willingness of tourists to offset emissions and their actual behaviour. Voluntary carbon offsetting schemes can improve environmental awareness, but their voluntary nature and credibility concerns significantly limit their impact, according to the systematic review that analysed 27 empirical studies involving 147,087 participants. Therefore, relying on offsetting schemes alone is insufficient to achieve substantial emissions reductions, the review concluded. Complementary policy measures, such as carbon levies and default opt-in mechanisms, could help bridge the gap between environmental goals and behaviour, it said.
  • Tue 17:13
    CORSIA prices dropped last week amid the global jet fuel crisis, although the latest leaked memo from Brussels about tightening carbon credit restrictions for the international aviation offsetting scheme has also played a role, analysts said.
  • Tue 17:05
    Case dismissed - A court in Kenya has dismissed a case filed by Green Planet Initiative 2050 Foundation against Earthbanc over a contractual dispute linked to the Regeneration Kenya Project. The High Court in Eldoret ruled in favour of Earthbanc and its subsidiary Earthtree Company Limited, rejecting all claims and reliefs sought by the plaintiff and ordering it to pay legal costs. The judgement stated that the case lacked merit and legal basis, adding that a party that fails to meet its contractual obligations cannot enforce the agreement. The dispute came to light after the contractor's engagement in the project was terminated in Apr. 2025 following concerns about compliance and performance standards. (AllAfrica)
  • Tue 17:01
    A New York-headquartered market infrastructure provider and a Texas-based energy data platform have expanded their partnership to deliver consolidated exchange and over the counter (OTC) price and transaction information for environmental commodities, they announced on Tuesday.
  • Tue 15:59
    mCDR money – Research Nova Scotia (RNS), a Canadian provincial research funding agency, said last week it will invest C$2.1 mln to support eight projects under its first Ear to the Ground (E2G) competition, including three targeting marine carbon removal (mCDR). RNS CEO Stefan Leslie will attend a Carbon to Sea Initiative convening to discuss their development. The agency said that the remaining five span clean energy, life sciences, and marine transport.
  • Tue 15:47
    Colombian initiatives to reform carbon market infrastructure stepped into the spotlight last week, with regulations, private partnerships, and project methodology updates all finding purchase in the REDD+ powerhouse, the same month as general elections.
  • Tue 15:41
    A project developer in Brazil has raised R$75 million ($15.1 mln) and attracted new partners for the expansion of its agroforestry business, it announced on Tuesday.
  • Tue 15:17
    First injection - Octavia Carbon has achieved their first injection of CO2 underground captured by a direct air capture (DAC) plant, making them the world's fourth DAC company to do so. Octavia Carbon has so far captured around 0.5 tonnes of CO2 in Kenya, which is "just the start" and signals what's possible for the technology in emerging markets, said Catalyst Fund on LinkedIn, an investor in Octavia Carbon. The injection was done in partnership with Cella Mineral Storage, which borrows established practices from enhanced oil recovery (EOR) to mineralise pure‑phase CO2 in basalt rocks while reducing water requirements.
  • Tue 14:11
    Think tanks, NGOs, and scientific bodies have warned the EU over the planned use of international carbon credits in its climate policy framework, while a large number of companies endorsed their inclusion, also in the bloc's carbon market, in response to a public consultation.
  • Tue 13:42
    Gold Standard has announced updates to four major methodologies covering clean cooking and thermal energy projects, in a move aimed at aligning its carbon crediting rules with the Paris Agreement.
  • Tue 13:25
    Hurry up - Vietnam’s Deputy Prime Minister Ho Quoc Dung called for fast issuance of a decree on forest carbon services to remove legal bottlenecks and unlock the country’s carbon market, state media reported this week. The regulation would establish a framework for carbon absorption and storage services, decentralise credit issuance to local authorities, and enable trading of emission reductions. Authorities aim to begin issuing credits for 2021-22 by second quarter of this year, with more volumes to follow, alongside negotiations for an emissions reduction deal under the LEAF Coalition. A draft of the decree was published last year.
  • Tue 11:54
    A Dutch carbon removal developer has launched a €20 million equity raise to fund what it says will be the country’s first 'made-in-the-Netherlands' negative emissions energy plant.
  • Tue 11:23
    UN officials are considering whether to repurpose an existing voluntary carbon credit cancellation platform to support the Paris Agreement’s Article 6.4 mechanism, as the current system under the Kyoto Protocol approaches closure at the end of 2026.
  • Tue 11:09
    Environmental NGOs and carbon market advocates remain divided over how far the EU should rely on carbon removals, international credits, and other market-based flexibilities for the next phase of its climate policy, according to submissions to a European Commission consultation on post-2030 national targets.
  • Tue 08:45
    Carbon credits go digital - ESG‑IN, a sustainability and carbon market technology firm and the Indonesia Carbon Trade Association (IDCTA) have signed a pact in Jakarta to boost development of a verified, data‑driven carbon credit ecosystem, Ecobiz Asia reported. The partnership will digitalise carbon credit certification and trading using artificial intelligence and blockchain‑based technologies. The deal is aimed at boosting transparency, speeding up issuance, and expanding access to green financing. ESG‑IN will also act as an off‑taker for carbon and environmental credits from IDCTA projects, while opening access to domestic and international markets. The collaboration includes the development of new environmental credit methodologies, capacity building for businesses and government institutions, and policy advocacy.
  • Tue 06:16
    Market volatility, changing regulation, and lack of harmonised standards are dulling investor and developer interest in carbon markets, according to legal firm polling.

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