The largest companies listed on the German stock exchange reported 4.84 million carbon credits under the EU's Corporate Sustainability Reporting Directive (CSRD) last year, but not a single one disclosed details about the projects they came from, and those identified were judged of poor quality, according to analysis of disclosures by companies in the DAX40 Index.

An independent advisory has launched a carbon removal catalyst that has already helped to secure a £1 million financing deal to support a biochar developer in southwest England.

Terra tech - Terra Global said it’s working with carbon tech firm BlueLayer to scale its portfolio of nature-based projects. Terra said the BlueLayer platform would strengthen its ability to streamline credits issuance amid its expanding pipeline of afforestation, reforestation, and revegetation (ARR) and jurisdictional REDD+ programmes, with multiple projects targeted to issue credits this year.

A carbon removal (CDR) portfolio manager has published guidance on how corporations can navigate changing government regulations and civil society frameworks to make credible net zero claims.

Voluntary standard body Verra launched a public consultation on Tuesday on a draft revision to its improved forest management (IFM) methodology that would expand its use beyond the US by allowing projects to use qualifying national forest inventory datasets.

Brazil published four resolutions in the Official Gazette on Tuesday that contribute to the operational development of its national ETS (Portuguese: SBCE).

CDR for your information - Following a relative uptick in March, April remained almost flat in terms of market activity, with around 1.14 Mt of durable CDR contracted, led by deals that saw participation from market actors such as North Star Carbon Solutions, Microsoft, Engrow, Altitude, Graphyte and JPMorgan Chase, according to the platform CDR.fyi. The biggest deal was North Star Carbon Solutions which signed an offtake agreement with Microsoft for 626,000 tonnes of CDR. The tonnes will be delivered over 15 years from the North Star BECCS Project. Exomad Green and Supercritical signed a three-year agreement for up to 500,000 tonnes of biochar CDR, exhausting Exomad's remaining inventory of credits for 2026 along with allocations for 2027 and 2028. JPMorganChase signed a 10-year offtake agreement with Graphyte for 60,000 tonnes of CDR. Boeing procured 20,000 carbon removal credits from six suppliers across Brazil, Bolivia, Namibia, and India, spanning biochar and enhanced weathering through Supercritical.

The carbon removal (CDR) market has a demand issue, despite the EU's new certification framework providing a "very positive signal", market stakeholders told an industry conference Tuesday.

Latin America’s finance-sector scene creates unique and critical barriers to mobilising capital for nature-based and technology-driven carbon removal (CDR) projects, requiring creative, context-appropriate solutions beyond mere offtakes, according to a carbon industry group.

A carbon platform has launched a specific ITMO registry ahead of the closure of the UN’s Clean Development Mechanism (CDM), while also claiming voluntary players will have the “lowest cost” for trading credits that have been granted approval for Article 6 trade under the Paris Agreement.

A US-based climate research group has launched a global initiative to accelerate enhanced rock weathering (ERW).

A major carbon removal buyer coalition has approved a Paris-based carbon registry as a credit issuer, allowing suppliers in its portfolio to use the platform for credit issuance if the relevant protocols are also approved.

Extreme weather hits finances - Extreme weather is already delivering material financial blows across the global economy, and the risks are set to escalate sharply, the non-profit corporate disclosure organisation CDP reported. Out of 11,000-plus companies that disclosed full environmental data through CDP last year, only 35% identified extreme weather as a material financial risk. Yet, they also disclosed nearly $3 bln in real losses in 2025, mostly from increased direct costs and operational shutdowns. Heavy rain alone accounted for $1.5 bln in losses. Now, companies anticipate $898 bln of future financial impacts, mostly from flooding ($528 bln), cyclones ($161 bln), and heavy rain ($86 bln). Nearly half of these extreme weather risks are expected in the next two years. Among just over 1,000 cities, states, and regions that disclosed last year, instead, 62% said they had already been impacted significantly by extreme weather, and over 60% expect the hazards to intensify and/or become more frequent.

Southeast Asia’s forestry and agricultural concessions, long associated with deforestation and biodiversity loss, may also hold untapped potential for conservation and carbon finance, according to new research.

Registry change - Thailand-based biochar project Enable Earth, Chiang Rai has moved to Puro.earth after being de-listed from the Isometric registry on Apr. 20, following validation-stage non-conformities with Isometric’s Biochar Production and Storage Protocol, according to an Isometric notice. A preliminary assessment under Puro.earth found the project aligned with Puro’s Biochar methodology.

Compliance costs – International Airlines Group’s (IAG) cost of complying with emissions trading schemes and CORSIA rose to €148 mln in the first quarter of 2026, up from €70 mln in the same period last year, the airline group said in its Q1 results published May 7. The increase was linked to the end of free allowances in the EU and UK, as well as updated assumptions on CORSIA-related costs, while fuel consumption, emissions, and related costs continued to benefit from investment in newer aircraft, IAG said.

Old hands - Climeworks has appointed two new advisors from large financial and technology organisations to its advisory board. These are Celine Herweijer, former group chief sustainability officer of HSBC and Mark Kroese, former general manager of sustainability solutions at Microsoft, both of whom will support the direct air capture (DAC) company with commercial strategy, customer engagement, and market priorities. Herweijer is also vice chair of the We Mean Business Coalition and holds a PhD in climate modelling and policy from Columbia University, while Kroese is strongly experienced in positioning carbon removal portfolios for large corporate buyers. They will support Climeworks in scaling its diversified carbon removal portfolios, said the press release Tuesday.

Guyana’s national jurisdictional REDD+ (J-REDD+) programme, which currently uses the ART TREES v2.0 ‘high forest, low deforestation’ (HFLD) methodology, is “already aligned” with the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP) label, the government has claimed – even though the ICVCM has rejected this protocol for a CCP seal.