The UN General Assembly voted on Wednesday to approve a resolution to endorsing the International Court of Justice (ICJ) advisory opinion on climate change issued in 2025, which found that states have a legal obligation to cut GHG emissions.

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.

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. 

Solar will become the world’s largest generator of electricity by 2032 amid a rush to energy self-sufficiency, and there is still a chance to limit global warming to 2C by century-end if countries become "serious" about net zero goals, according to a new report.

Turkiye's incoming COP31 presidency is calling to speed up electrification around the world, arguing that the energy crisis underscores the importance of renewable energy, as well as diversification of sources.

Forestry company Midway has been asked to lead the remake of the reforestation and afforestation methodology for the Australian Carbon Credit Unit (ACCU) Scheme, Assistant Minister for Climate Change and Energy Josh Wilson announced on Wednesday.

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.

Electric car (EV) sales will surge this year as drivers respond to spiking petrol and diesel pump prices amid the energy crisis sparked by the war against Iran, finds the International Energy Agency (IEA).  

Ballot date – New Zealand's first ballot for permits to register forests on restricted LUC class 6 land in the NZ ETS will open on June 19, the government announced on Wednesday. The introduction of a ballot system to register forested land under the NZ ETS arose from legislative changes passed last year, in a bid to restrict the conversion of farmland. Under the new rules, up to 25% of individual farm land on LUC class 1-6 can be converted to exotic forest, and up to 15,000 ha of LUC class 6 farmland can be converted and registered under the ETS annually, allocated via two ballots each year. This inaugural ballot is for 7,500 ha, of which 2,000 ha is reserved for applications of up to 100 ha, the government said. The deadline for applications is July 22, and successful applicants will be notified once the ballot has been drawn.