Global greenhouse gas emissions from rice paddies have nearly doubled over the past six decades, driven primarily by expansion in cultivated area and intensified crop residue incorporation, with methane remaining by far the dominant source of warming, according to a new study.

An ocean carbon removal research initiative has awarded funding to two scientific projects examining how ocean alkalinity enhancement (OAE) could affect commercially and culturally important marine species, amid growing scrutiny over the ecological risks of marine CO2 removal techniques.

A major ratings agency has released principles for high-integrity High Forest, Low Deforestation (HFLD) credits under jurisdictional REDD+ (JREDD+) programmes, following concerns raised by the Integrity Council for the Voluntary Carbon Market (ICVCM) over the ART TREES v2.0 HFLD methodology.

Continued collaboration - Guyana and Singapore are looking to expand cooperation on carbon credits and climate-related initiatives, building on an existing partnership between the two countries, President Irfaan Ali said on Wednesday following talks with Singapore Foreign Minister Vivian Balakrishnan in Georgetown. Ali said Guyana was seeking to further develop that foundation while also looking for Singapore to join the Global Biodiversity Alliance, as part of wider efforts to strengthen climate and biodiversity cooperation. The discussions come as Guyana seeks to leverage international partnerships while managing rapid oil-based economic growth and advancing its Low Carbon Development Strategy. (Guyana Chronicle)

The European Commission is pivoting towards voluntary carbon farming and nature credits in its post-2030 climate agenda, while a long-discussed agriculture emissions trading system (ETS), informally dubbed ETS3 or AgETS, has effectively been shelved.

Deadline extended - The Greenhouse Gas Protocol has extended the deadline for submissions to the Actions and Market Instruments (AMI) Request for Information (RFI) from May 31, to June 15 at 11:59 Pacific Time, said a press release Friday. The AMI seeks to address how companies should account for the real-world impacts of their climate actions – especially those that sit outside existing Scope 1, 2, and 3 emissions inventories. The aim is to help companies capture their investment in mitigation beyond their direct operations through reporting frameworks. The extension of the RFI deadline is to give stakeholders more time to review the materials, consult internally where needed, and prepare considered feedback. Feedback can be submitted via the RFI survey form.

A carbon marketplace and exchange has launched its first digital carbon credit auction for 75,000 CORSIA-labelled carbon credits.

A UK carbon removal registry has applied to become an authorised certification body under the EU’s Carbon Removals and Carbon Farming (CRCF) regulation, becoming the first to publicly seek recognition under the EU scheme, it announced on Thursday.

The marketing partner of a cookstove project in Zimbabwe that has suddenly found its credits taken off the Gold Standard (GS) registry will continue to pin hopes on the country’s national carbon registry being approved for CORSIA, its chief executive told Carbon Pulse this week.

Trade- and service-oriented members of the Gulf Cooperation Council (GCC) may benefit in the near term from a mixed buyer and seller strategy under Article 6 to achieve lowest-cost mitigation, according to a new report from a Riyadh-based think tank.

Carbon markets risk failing to reach their true potential because governments and industry groups have overloaded them with ideological and regulatory demands, said experts on Friday, warning that “mission creep” was undermining efforts to mobilise climate finance.

A helping hand - The Tokyo Metropolitan Government has launched a new initiative to support carbon credit creation, specifically targeting small and medium enterprises (SMEs). According to an official notice, the government will help cover consulting and third-party review fees for project registration and credit certification. The application window is open until Mar. 31, 2027, or until the allocated budget is reached.

Two carbon project developers have been awarded support from Singapore’s Economic Development Board (EDB) through its Carbon Project Development Grant, they announced separately.

Myanmar is designing its first carbon tax, focusing on the energy, agriculture, and steel sectors, and is looking to submit its updated Nationally Determined Contribution (NDC) by year-end, a Yangon-based VCM platform told Carbon Pulse.

Indonesia’s financial regulator has unveiled plans to revise the country’s carbon exchange regulations to boost market growth and transparency with plans to adopt blockchain-based technology and integrating further with the national carbon registry system.

A proposed hybrid artificial intelligence and stochastic modelling framework could significantly improve carbon price forecasting and risk management in Egypt’s fledgling voluntary carbon market, according to a new academic study that argues the country’s emerging carbon-finance ecosystem faces substantial uncertainty due to limited historical data, weak liquidity, and evolving regulation.

Waste not – Verra registered the first project under its food loss and waste methodology, VM0046, on Thursday. The US-based project keeps edible surplus food out of landfills by working with non-profit food rescue organisations to redistribute the goods. Verra noted that the US is the third-largest generator of food waste in the world. The project, developed by Brightly Ventures, is expected to generate some 115,100 tCO2e in emissions reductions through avoided methane emissions over 2020-27 by rescuing approximately 167 mln pounds (75.7 mln kg) of food.

(A)new office - Anew Climate – a Texas-based climate solutions provider with operations in carbon markets and low-carbon fuels – has opened a Singapore office to serve as its Asia-Pacific hub. The office will support work on environmental compliance programmes, Article 6 mechanisms, CORSIA development, and cross-border low-carbon fuel and carbon market activity linking Asia, North America, and Europe. Andy Brosnan, president of Anew’s Global Low Carbon Fuels group, will relocate to Singapore to launch the office and lead regional growth, including carbon project development aligned with Singapore’s credit-generation standards and cross-regional offtake opportunities for low-carbon fuels. CEO Angela Schwarz said Singapore’s climate finance, policy, and trade position made it a base to deepen partnerships, deploy capital, and connect projects with global markets.

The Financial Accounting Standards Board (FASB) issued new guidance for companies to improve financial accounting and disclosure of environmental credits.

Data centre developers are unlikely to integrate carbon removal (CDR) into projects at scale unless hyperscale tenants, policy incentives, and long-term offtake agreements make it part of the commercial structure, according to legal and industry experts.

The UN body overseeing implementation of the Paris Agreement Crediting Mechanism (PACM) has approved a new methodology to reduce N2O emissions from nitric acid production.

CDR hire - Residual, a carbon asset developer, has appointed Julien Jacob as Vice President of Finance to lead project finance and offtake strategy across the company's pipeline, which spans eight projects. Jacob joins from Puro.earth, where he spent four years as Head of Offtakes & Investments Before carbon, Jacob spent eight years in structured commodity finance across investment banks and capital-raising advisory firms.

Carbon removal (CDR) developers across Europe urged countries to create national strategies for the sector, including clear plans for transporting captured CO2 to storage sites, during workshop in Brussels held this week.

The aviation sector's international carbon offsetting scheme could face a shortage of eligible credits by 2028 under medium- and high-emissions scenarios, according to analysts, even though only a small portion of expected demand is currently covered by explicit non-compliance penalties. 

Developing countries should build clear domestic rules for carbon crediting while relying where possible on established international standards and infrastructure to avoid slowing market access, the World Bank said in a legal guide published this week.

The Science Based Targets initiative (SBTi) has unveiled a new 2026-30 strategy that will see it pivot from a generalised approach to more tailored support across sectors and geographies for corporates aiming to reach net zero, with a direct reference in the plan to the possible use of 'high-integrity' carbon credits as a "complement" for emission reductions.

ART credits on Sylvera - Architecture for REDD+ Transactions (ART) credits are now hosted on carbon data platform Sylvera, according to a LinkedIn announcement. Every ART-listed programme including Guyana's ART TREES credits that alone account for over 75% of CORSIA Phase 1 supply, now sits in Sylvera's project catalogue, with data covering issuances, retirements, and cancellations. "With the World Bank's FCPF Carbon Fund now CORSIA Phase 1 eligible and selling through the ART registry, even more demand will flow through ART," said Sylvera.    

Direct air capture (DAC) is unlikely to reach a billion-tonne scale by 2050 unless governments move quickly to boost early capacity, according to a study published this month.

A large European airline has signed a multi-year offtake agreement with a Berlin-based broker, doubling the share of permanent carbon removals in its credit portfolio.

Germany’s Federal Ministry for the Environment (BMUV) has launched a new initiative to develop high‑integrity carbon removals in Africa, backed by funding from the International Climate Initiative (IKI) and implemented by the development agency GIZ.

A carbon removals registry has certified a protocol for reducing landfill methane, the first of which it has published in the super pollutants category.

The European Commission and private sector players formally launched the EU's carbon removals buyers' club in Brussels this week, though the organisation's governance and legal structure remain to be clarified.

The UN's international aviation offsetting scheme is slowly growing, but has the potential to take off quickly if supply and demand fall into lockstep, the founder of a carbon markets analysis company told Carbon Pulse.

Punjab, Pakistan’s most populous province, is preparing an extensive push into carbon markets, with officials targeting the launch of a sub-national emissions trading system (ETS) by mid-2027 while developing a pipeline of Article 6 and voluntary carbon market projects spanning forestry, transport, waste, energy, and clean water.

Project developers in developing countries face short-term economic strain as carbon credit methodologies are brought into line with the Core Carbon Principles (CCP), but the move is already yielding higher prices and renewed buyer confidence, said Amy Merrill, CEO of the Integrity Council for the Voluntary Carbon Market (ICVCM).

A carbon market assets company on Thursday announced a series of transactions aimed at turning carbon removals into longer-term financial assets.

Open system carbon removal (CDR) projects need larger deployments and shared datasets to reduce monitoring, reporting, and verification (MRV) uncertainty that is raising credit costs and limiting scale, experts said on Wednesday.

Brazil’s carbon market needs more diversified and predictable demand if it is to scale beyond a niche voluntary market and to attract long-term investment, speakers said at an event in Sao Paulo.

Philanthropic funding for carbon removal (CDR) is becoming dangerously concentrated, panellists said on Wednesday, with one observer noting that half of all grant-making in the sector could be controlled by just three funders.

A Brazilian project developer and a British asset manager have signed a collaboration agreement to develop scalable contract structures for afforestation, reforestation, and revegetation (ARR) credits, they announced on Wednesday. 

Demand for carbon removal (CDR) may be stalling, despite rising corporate net zero commitments and growing recognition that they will be needed later this century for wider global climate goals, a new policy brief based on interviews with corporate sustainability leaders has found.

A carbon removals marketplace is aiming to help developers advance projects with "promising fundamentals through to signed deals" with large-scale corporates, which it says is urgently needed to scale the market in order to meet looming climate targets.

A certifier of methane emissions has launched a new registry for reductions from crude oil operations, and expects to certify its first crude oil production facility in the coming weeks, it announced on Wednesday.

The buffer pool used for forest offset projects under a major US compliance programme is likely too small by an average factor of 6.3 to cover reversals from wildfires, drought, and insect outbreaks over 100 years, according to a paper published Wednesday.

Carbon removal (CDR) buyers remain constrained by delivery risk, high prices, unclear claims frameworks, and fragmented market data, experts said on Tuesday, as voluntary demand continues to play a limited role in scaling the still-nascent sector.

Allowing EU importers to deduct international carbon credits from their Carbon Border Adjustment Mechanism (CBAM) fees is an endorsement of the UN’s Article 6 carbon markets – but some worry it may come at the expense of the mechanism's climate integrity. 

A US-based tech company has issued a request for proposals to procure low-methane intensity certificates, to offset increased natural gas emissions due to data centre build-out.

A Swiss carbon removal (CDR) company announced Wednesday it had appointed a new CFO to lead its financial strategy as it expands its direct air capture (DAC) and CDR businesses.

A bill introduced Tuesday to Argentina’s congress has proposed a three-tiered legal regime for carbon credits, an authorisation procedure, and a national carbon registry, also reinforcing the federalist relationship between the country’s provinces and national government.

A Denmark-based project developer has signed a seven-year agreement with Microsoft to deliver 650,000 carbon removal units from its bioenergy carbon capture and storage (BECCS) facility.

More than 5 million credits from the Clean Development Mechanism (CDM) are expected to sign up to a new carbon registry this month that hopes to attract up 800 million of the UN registry’s units before they face oblivion at the end of the year.

Carbon pricing now covers nearly 30% of greenhouse gas emissions globally, with government revenues from carbon taxes and emissions trading systems (ETSs) topping $107 billion in 2025, according to a World Bank report published on Tuesday.

Singapore and the World Bank Group on Wednesday launched a new programme aimed at scaling up high-integrity carbon markets, with a focus on improving market infrastructure, mobilising climate finance, and helping developing countries participate more effectively.

Super pollutant credits could help bring more companies into carbon markets by offering a simpler near-term case for climate action than some carbon removal (CDR) pathways, stakeholders said on Tuesday, though cautioned that the approach still faces credibility and data gaps.

The voluntary carbon market (VCM) should shift from debating whether trust exists to building the financial infrastructure needed to attract capital and scale carbon removal (CDR), stakeholders said on Tuesday.

A US rice methane reduction project sold 1,000 carbon credits to a climate-focused non-profit, the developer announced this week.

The Paris Agreement's Article 6 mechanism could help channel more investment into carbon removal (CDR) projects in the Global South, but slow domestic implementation and uneven demand signals are still limiting its impact, developers said Tuesday.

A carbon removal marketplace has announced an exclusive deal to distribute biochar produced by an India-based developer, with 10,000 credits available this year.

Registry upgrade - US-based carbon crediting standard Climate Action Reserve (CAR) is seeking expressions of interest (EOI) for a long-term partner to help design, implement, and maintain a next-generation registry platform, as it looks to modernise project data management and carbon credit tracking. The US-based standard said the process will involve an EOI stage, due to close June 8, followed by a request for proposals process expected to finish by the end of 2026. The Reserve has registered 982 projects and issued more than 259 mln credits to date, and has used Xpansiv/APX as its registry partner since 2008.

Carbon project growth - Tanzania has registered 99 carbon projects as the country opens its carbon trading sector more widely to citizens, companies, and institutions, local news outlet The Citizen reported. Deo Shirima, director of measurement, verification, registration, and assessment of greenhouse gases at the National Carbon Monitoring Centre (NCMC), said several companies had completed registration while others were in the final stages, reflecting growing interest as Tanzania seeks to expand its role in global carbon markets.

As the aviation industry prepares for the next phase of the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) in 2027, a new legal analysis has warned that the long-anticipated surge in global demand for carbon credits may fall far short of expectations due to weak national implementation and inconsistent enforcement.

Companies aiming for net zero should begin to classify their emissions from fastest and easiest to cut through to hardest-to-abate, in order to overcome the challenge of pinpointing the residual emissions that will need to be removed to hit the 'net', according to researchers.

Gold Standard launched a consultation on Tuesday, introducing a new voluntary reporting pathway for project developers which it said could reduce the risk of double counting co-benefit and certified contributions to the UN’s Sustainable Development Goals (SDGs).

An Indonesian forest project is expected to be issued around 4 million carbon credits from 2022-25 vintages, its developer said on Tuesday.

A Tanzania-based forest carbon project developer channelled $4.5 million in carbon revenue to local communities in 2025, while preparing to transition two REDD+ projects to Verra’s VM0048 methodology and scale its portfolio, according to its annual report.

A major carbon finance consultancy has closed its Japanese legal entity as part of an administrative simplification process, but will continue serving clients in the country through other Asian hubs, the company told Carbon Pulse.

While India has been an active participant in international carbon markets, the introduction of its compliance ETS and the EU’s Carbon Border Adjustment Mechanism (CBAM) is shifting the carbon value to domestic companies, found a report.

Brazil’s Petrobras acquired 1.2 million carbon credits from an Amazon forest conservation project in 2025, retiring some of the units to offset emissions from a carbon neutral gasoline product, according to its latest climate and energy transition report.

An EU-backed buyers’ club for carbon removal (CDR) credits has emerged as the leading option to unlock private finance for the sector, with experts converging around a corporate‑led platform focused on near‑commercial projects in Europe.

Project proponents announced the successful verification and issuance of more than 500,000 credits for Oregon-based reforestation on Tuesday.

A dispute over the eligibility of Zimbabwe's carbon credits for the aviation offsetting scheme CORSIA could serve as a cautionary tale for upcoming national carbon registries – even as Zimbabwe continues to fight for a solution that clears the emission reduction units for take-off.

Several Latin American countries are poised to benefit from the European Commission's newly published rules for recognising domestic carbon prices, including carbon credits, paid before products are exported and subject to the EU's Carbon Border Adjustment Mechanism (CBAM). 

An industry‑led coalition backed by major corporates and financiers has been launched at the GenZero Climate Summit to aggregate demand for high‑integrity carbon credits.

Companies see carbon removal (CDR) as essential to reaching net zero but are waiting to see how policy and reporting rules materialise before they invest, according to a survey of senior executives across Fortune 1000+ companies.

A US forestland manager on Monday announced a management restructuring aimed at expanding its ability to quantify and report environmental benefits beyond carbon, as it said investors are placing greater emphasis on nature-related risks and environmental disclosures.

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.

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

African countries with major forest resources should be able to use international carbon markets to finance nature protection, the head of a Tanzania-based forestry project developer told Carbon Pulse.

Amazon has pushed back against relying solely on carbon removals, a trend common among major corporate buyers, to instead focus on high-quality emissions reduction credits that it said were essential to scale voluntary markets.

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 NbS firm - Verdara, a new Saudi-based forestry and climate platform, has launched to develop nature-based carbon removal projects across Africa, its founder and CEO Habib Bukhamseen said last week on social media. The company is starting with an initial afforestation, reforestation, and revegetation (ARR) programme covering more than 50,000 hectares and has a 15-year ambition to reach 1 mln hectares. Its first project announcement is expected soon, Bukhamseen said on LinkedIn.

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.