More than 100 NGOs and academics from around the world have signed a letter to the New Zealand government, urging it to not proceed with planned changes to the country’s climate law which would limit tort claims for damage arising from climate change.  

Scotland-based Plan Vivo launched on Monday a public consultation on a new grassland management tool suite under its climate standard, marking the certifier’s latest push to expand carbon accounting methodologies for complex land-based ecosystems.

The Nature Catalyst investment platform for Southeast Asia soft launched on Monday while revealing agreements to scale nature-based solutions (NbS) with four companies.

Phase 1 CORSIA prices fell sharply again last week, with spot prices for the UN international aviation offsetting scheme bid slipping below $11, while futures contracts slipped to lows not seen for two years after a meeting of EU leaders raised doubts about demand.

A former stalwart of the UNFCCC has become the head of a non-profit data provider that connects carbon credit registries worldwide.

A new systematic review of governance practices has identified 12 key principles that could improve the sustainability, equity, and long-term success of community-based marine restoration projects.

A carbon standard has unveiled a new protocol designed to improve how soil-based removal projects are measured and verified.

The first meaningful supply of carbon credits traded under the Paris Agreement’s Article 6 mechanism will only emerge closer to 2030, as countries build the accounting and regulatory infrastructure needed to authorise trades, according to two UNEP officials.

China’s thermal power generation continued to expand in April, while renewable energy sectors posted a mixed performance, according to data released Monday by the National Bureau of Statistics of China (NBS).

New website - Fiji’s Ministry of Environment and Climate Change (MECC) has launched a 2026-2031 strategic development plan alongside a new website aimed at improving public access to climate and environmental information, it announced on LinkedIn. The platform consolidates policies, tools, and climate-related resources to support transparency, public engagement, and Fiji’s international climate reporting commitments. The initiative was backed by the Climate Finance Capacity Support Programme (CFCSP), which said the project forms part of wider efforts to strengthen Fiji’s climate governance, adaptation planning, and finance readiness.

The Tokyo metropolitan government has decided to extend its support for generating carbon removal credits, moving beyond nature-based projects to include technological solutions.

New credit facility - HSBC has launched a dedicated $4 bln credit facility to help companies in China's clean energy and low-carbon sectors scale internationally and support decarbonisation efforts across the value chain. The bank said it will offer financing to eligible businesses operating in a range of sectors, including clean power, electrification of transport, data centres, and AI. China last year accounted for about 47% of global clean tech exports, and about two-thirds of global solar and battery exports, according to BloombergNEF.

PNG power – Papua New Guinea’s National Energy Authority has signed an MoU with the Global Green Growth Institute to strengthen cooperation on the mobilisation of finance for renewable energy, the Seoul-based intergovernmental organisation said in a press release on Monday. The collaboration, enabled by the Australia-funded Climate Finance Initiative for Resilience and Sustainable Transition project, will see the partners prioritise a biodiesel development in East New Britain, geothermal energy in Bougainville, wind energy in the Gulf province, solar power in Manus, and hydropower development in Hela, among other opportunities. The MoU runs for three years.

Environmental campaigners are optimistic that the UN General Assembly will vote on Wednesday to adopt a resolution to endorse last year’s historic International Court of Justice (ICJ) advisory opinion on climate change, which found that states have a legal obligation to cut GHG emissions.

The UN’s climate secretariat has launched test versions of registries to facilitate the transfer and trade of emissions reduction units under the Article 6 mechanisms, with a view to launching the final systems at the end of the year.

Shanghai is seeking to expand the coverage of its emissions trading scheme by lowering the entry threshold for certain industries as part of its ETS reform strategy through 2030.

Compliance carbon markets could become the biggest source of demand for transition credits in Asia’s coal transition, provided project developers can prove that early closures are genuinely additional amid falling renewable energy costs, the International Energy Agency (IEA) said in a report.