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.

The UN’s aviation offsetting scheme CORSIA does not meet the EU’s conditions for keeping its Emissions Trading System (ETS) exemption for international flights, according to an analysis of EU legislation and market conditions.

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.

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.

Australian carbon market issuances fell in April, but were still second highest this year after March, with vegetation and waste projects accounting for large shares of the total.

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.

Rare earth dependence –  G7 finance chiefs are under mounting pressure to accelerate efforts to cut their dependence on Chinese rare earths, German Finance Minister and Vice Chancellor Lars Klingbeil warned on Monday. Speaking after a G7 meeting in Paris, Klingbeil said governments “have no time to lose” and must improve procurement and expand production of critical minerals essential for clean technologies and defence systems. He also urged the introduction of recycling quotas to boost recovery and reuse of critical raw materials, stressing the need to avoid “the next dependency” as the Iran and Ukraine wars expose fossil fuel and gas vulnerabilities. (Reuters)

India’s fertiliser industry could cut emissions immediately through efficiency upgrades, renewable electricity, and carbon capture, a report said.

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.

Temasek to miss 2030 goal - Singapore’s Temasek Holdings is likely to miss its target to halve portfolio emissions from 2010 levels by 2030, Bloomberg reported. The miss will be due to exposure to the aviation and power generation sectors, Chief Executive Dilhan Pillay said at Ecosperity Week in Singapore. The state investor, whose holdings include Singapore Airlines, SP Group, and Sembcorp, still aims for net zero by 2050.

Asia’s carbon emissions will peak two years earlier than previously expected, in 2030 rather than 2032, even as fossil fuels are to remain deeply embedded in the region’s energy mix through the next decade, according to a report.

The global buildings sector is now 3.5 billion tonnes of CO2 off the trajectory needed to meet international net zero targets, with decarbonisation momentum “stalled”, according to a United Nations report released on Tuesday.