Planned CO2 capture and storage (CCS) projects in the cement sector will capture less than 2% of the industry’s global emissions by 2035, despite the successful launch last year of the world’s first commercial‑scale CCS facility at a Norwegian cement plant, according to a new report.

A new discussion paper has urged governments to rapidly establish a global governance framework for carbon removal (CDR), warning that the world is dangerously unprepared to manage the scale needed to meet climate targets.

Retail investors in India reduced their exposure to carbon-intensive stocks after nearby air quality monitors made local pollution data more visible, a study released last week has found.

The Article 6.4 Supervisory Body (SBM) has formally adopted a new tool for calculating the fraction of non-renewable biomass (fNRB), a key parameter underpinning baseline-setting in cookstove and biomass carbon activities, though has requested more granular country-level values be included following further work.

Australia can generate up to 127 million tonnes of annual carbon removals from land-sector activities by 2050, according to a report published Monday which argued sequestration and biodiversity restoration can occur simultaneously with expanding agricultural production.

Taiwan has begun evaluating a new voluntary offset methodology that optimises building chiller efficiency by adjusting operations to match weather forecasts.

Steel to fuel - JSW Steel, India’s largest steel maker by revenue, on Monday said it has partnered with Carbon Iceland International to develop large‑scale green methanol in India The proposed 300‑kilotonne‑per‑annum project will use CO2 from JSW’s Raigad operations in Maharashtra, converting them into methanol with green hydrogen from renewable sources. The collaboration aims to build a scalable CCU pathway for the steel sector, while supporting India’s wider energy transition, and decarbonisation goals. Initial work will assess an existing high‑purity CO₂ stream at JSW’s facility, and explore options to capture additional emissions from broader steelmaking operations.

Indonesia has endorsed a $20 million regional initiative funded by South Korea to scale methane reduction efforts, with a focus on the landfill sector.

Plastic fuel plan - Cambodia’s Environment Ministry and the EU are studying a $22.3 mln plan to convert plastic and other waste into electricity in Siem Reap, officials said. The proposal, discussed at a May 19 meeting led by Environment Ministry Secretary of State Sabo Ojano and EU representatives, would build a facility processing 22-35 tonnes of waste daily, generating 35-75 MWh of power and cutting emissions by 25,000 tonnes a year, according to a ministry statement. Officials also raised the idea of using carbon credit revenue to support investment.

Indonesia is preparing new regulations for carbon trading in the energy sector, aiming to mobilise up to $7.7 billion in additional green investment annually, the energy ministry announced.

Offsets from Chinese carbon projects used by European companies lacked the equipment they claimed would cut greenhouse gas emissions, according to an investigation.

Indonesia’s forestry ministry and the UN Environment Programme have signed an agreement to boost cooperation on reducing emissions from deforestation and forest degradation (REDD+).

Alkalinity enhancement, whether applied on land through enhanced rock weathering or directly in marine environments, faces questions over durability because dissolved mineral compounds are often lost during transport, and not fully captured in current monitoring, according to a study.

India has opened public consultation on three new draft methodologies under the offset mechanism of its Carbon Credit Trading Scheme (CCTS), looking at generating units from activities related to transport, maritime electrification, and vehicle recycling.

The climate activist and iwi leader suing some of New Zealand’s biggest emitters for climate damage has accused the government of covering up lobbying by some of the defendants, following the release of briefings given to the prime minister’s office outlining legislative changes to ban such litigation.

Deepining ties - ASEAN and the EU agreed to deepen cooperation on carbon pricing and international carbon markets at a regional workshop in Brunei last week, as Southeast Asian countries step up work on emissions trading systems and Article 6 mechanisms. Officials and technical experts exchanged approaches on domestic carbon pricing tools, including emissions trading systems and carbon taxes, while also discussing legislative frameworks, MRV systems, registries, and project pipelines needed for participation in Paris Agreement carbon markets. The meeting also advanced technical cooperation, with ASEAN participants drawing lessons from the EU ETS on market design and governance.

Waste to energy- Indonesia’s Lampung Provincial Government has made a pact with Malaysian company Citaglobal Berhad to develop waste-to-energy and renewable energy projects in Lampung province. The partnership aims to convert urban and industrial waste into power. Under the collaboration, a waste‑to‑energy facility will deploy German technology to process municipal waste and supply power to the local grid. At the same time, the partners also plan to convert agricultural residues, including palm oil mill effluent, into biogas for industrial use.

Got your back - Japan's environment ministry has selected a new project proposal under the Joint Crediting Mechanism for subsidies. The project, proposed by Shin-Etsu Chemical, aims to cut emissions by around 16,014 tonnes per year by installing a 40 MW solar power plant and a relevant storage system in Thailand's Kanchanaburi province. So far, Japan has established JCM partnerships with 32 countries, and over 290 projects have been selected under the subsidy programme.

Power up – Australia’s government has approved 19 renewable energy projects, totalling 7.8 GW, under the latest round of its Capacity Investment Scheme, it announced on Saturday - more than the 5 GW initially planned for. Eight of the projects selected under the scheme’s seventh tender include battery storage, adding some 2 GW of capacity. The government added that, subject to final contracts, the selected projects have committed A$504.6 mln ($361.7 mln) in community benefits, A$678.7 mln in First Nations benefits, and A$257 mln for locally-made steel. Tender 8 opened last year, and the results will be announced next month, while the ninth tender opens Monday and runs until July 20. This new round is seeking 5 GW of generation capacity. Earlier this year, the government said it was on track to meet its goal to have 82% of energy from renewables by 2030, key to meeting its NDC commitments.