Peru’s carbon market should be self-sustaining instead of relying excessively on foreign aid, without necessarily replacing international funds, officials and institutional partners told Carbon Pulse this week at the Peru Carbon Forum in Lima.

Most EU importers are already passing on expected costs from the Carbon Border Adjustment Mechanism (CBAM) to their customers, importers and consultants said at a conference this week.

ICE Futures Europe has launched a new liquidity provider programme for its CORSIA carbon market contracts, in a move aimed at supporting trading activity across both current and future compliance periods of the UN aviation offsetting scheme.

The European Union should adopt a hybrid approach when considering the quality of international credits that could count towards its 2040 emission reduction target, using self-set principles to assess against the Paris Agreement Crediting Mechanism (PACM) and other quality benchmarks, two non-profits said this week.

A European ports association has called on the European Commission to address business and carbon leakage risks in its upcoming revision of the EU Emissions Trading System (ETS), warning that the carbon market's maritime rules are weakening EU ports and short-sea shipping.

Intertwined challenges - A high-level meeting to explore the links between climate resilience, security, and defence was hosted earlier this week by the European Commission and the European External Action Service. On Tuesday, the roundtable convened senior representatives from EU institutions, national authorities, the military, industry, and research, said the press release. They discussed how climate change affects the defence sector and how to enhance its resilience, and how climate change impacts European security and what can be done to manage related risks. Talks noted how climate considerations are still not consistently embedded across defence procurement, capability planning, budget processes, and national risk assessments. There was also consensus that Europe must build climate resilience by addressing both physical risks, and also digital threats arising from disinformation. The discussions will be used as input to developing the  EU's Integrated Framework for Climate Resilience, planned by end-2026, and will also help prepare for a high-level event on defence, energy, and climate later this year.

Australia's greenhouse gas emissions fell 2.1% in 2025, driven by record renewable energy generation and lower emissions from the fossil fuel sector, government data showed on Friday.

Last week’s UN General Assembly vote to adopt a resolution endorsing the International Court of Justice’s (ICJ) advisory opinion on states obligations on climate change is a boost for multilateralism and international climate frameworks, including the Paris Agreement, experts told Carbon Pulse.

Carbon market standard Verra will decide whether to permanently integrate insurance- and fund-based alternatives to traditional buffer pools post-pilot, depending in part on whether credits issued under the approaches can qualify for integrity labels such as the Core Carbon Principles (CCP), according to a programme manager.