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TOP STORY
Major DAC developer clinches backing for future plant in North America
The developer of the world’s largest direct air capture (DAC) facility has received backing to develop a new plant in North America alongside a mix of other carbon removal (CDR) projects.
DAILY NEWS TICKER
CP Daily News Ticker: 1 June 2026
The CP Daily News Ticker is a running list of all our news updated in real-time throughout the day. This is also the home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
VCM WEEKLY
Voluntary Carbon Market News: May 25-31 2026
Introducing VCM Weekly, a full list of our Voluntary Carbon Market (VCM) reporting from the past week, Monday to Sunday.
EMEA
Euro Markets: EUAs drop below major level amid profit taking as EU makes first hike to auction supply
European carbon allowance prices dropped back below an important psychological level on Monday amid a welter of profit taking after the market had risen to a nearly 16-week high on Friday, as daily auction volumes rose and are expected to increase further next month, while fading hopes for a quick ceasefire agreement in the Strait of Hormuz also added to bearish pressure.
Biggest EU Parliament party split over CBAM suspension crisis clause
The conservative European People’s Party (EPP), the Parliament’s largest group, is divided over whether to restrict, delete, or broaden a tool that would allow the European Commission to temporarily suspend the EU’s Carbon Border Adjustment Mechanism (CBAM) for certain goods.
EU outlines seven steps for carbon registries to win CRCF recognition
European Commission officials have detailed a seven-step process for carbon registries to obtain recognition under the EU’s Carbon Removals and Carbon Farming (CRCF) regulation, saying the procedure will typically take about six months.
Sweden urges EU to maintain 4.4% ETS emission reduction rate through 2035
Sweden’s Environmental Protection Agency has called for the EU Emissions Trading System (EU ETS) to maintain a strong and predictable carbon reduction pathway after 2030, warning that excessive flexibility could weaken incentives for industry to invest in the green transition.
INTERVIEW: UAE businesses adrift on GHG reporting, offsetting as compliance deadline hits
A UAE law on corporate GHG reporting, planning, and management entered its compliance phase on May 30, but businesses are still largely unprepared, according to the chief executive of a Dubai-based sustainability consultancy speaking with Carbon Pulse.
French carbon standard consults on bio-oil in asphalt module
A French carbon standard last week opened a public consultation on a new module that would allow carbon credits to be issued from the use of bio-oil as a lower-carbon substitute for fossil-based asphalt binder.
INTERVIEW: Nature tech startup looks to spread agroforestry carbon projects in Angola
A nature intelligence startup is working with Angolan land stewards to develop large-scale agroforestry initiatives in the country, using its technology to screen potential projects and reduce the risk of early-stage investment, just as the government begins building its carbon market framework.
AMERICAS
Washington regulators submit carbon market proposal to enable 2026 linkage agreement with California-Quebec
The Washington Department of Ecology (ECY) published a regulatory proposal on Monday to enable the state’s cap-and-invest programme to link with the Western Climate Initiative (WCI).
PCF26: FEATURE – Carbon finance in Peru should complement int’l aid, officials and partners say
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.
Ecuador takes first step to enabling carbon markets with Article 6 regulation
Ecuador’s Ministry of Environment and Energy (MAE) has approved new rules governing the authorisation, registration, traceability, and transfer of mitigation outcomes under Article 6, creating the country’s first dedicated framework for participating in international carbon markets despite longstanding legal uncertainty surrounding carbon credit trading.
Brazil rolls back mandatory sustainability reporting rule
Brazil’s securities regulator has reversed a 2026 mandatory sustainability reporting requirement for publicly traded companies, replacing it with a voluntary framework for International Sustainability Standards Board (ISSB)-based disclosures.
Brazilian development bank approves R$87 mln in financing for Atlantic Forest restoration project
A forest restoration initiative in Brazil has secured new public financing from Brazil’s national development bank to rehabilitate Atlantic Forest ecosystems while generating carbon credits and biodiversity benefits.
Chile forest carbon reporting in accordance with UN rules, assessment finds
Chile’s efforts to reduce emissions from deforestation and forest degradation have received a positive assessment from UN climate experts, who concluded that the country’s reported forest-sector emissions reductions are largely transparent, consistent, and in line with international reporting requirements.
LATAM Roundup: Article 6 snaps up tech-based solutions as REDD+ keeps grip on VCM
For now, technology-driven activities dominate Latin America’s Article 6.2 Letters of Authorisation (LoAs), in a departure from the REDD-heavy profile of the local voluntary market (VCM) – but jurisdictional REDD+ (J-REDD+) is poised to flood both systems, Carbon Pulse has reported.
Canada risks environmental leadership, stands at climate crossroads -speakers
Canadian climate policy is at a crossroads, and without intervention, the country risks being left behind, attendees of Toronto Climate Week heard on Monday.
US land management firm sells forest carbon credits for over $4 mln
A US-based land management company has secured just over $4 million from the sale of carbon credits generated from an improved forest management (IFM) project in Tennessee, it announced last week.
RGGI Market: RGAs retreat following May contract expiration, ahead of Q2 auction
RGGI Allowance (RGA) futures retreated to the lower half of the $40s over recent days, ahead of Wednesday’s Q2 auction, after a surge higher amid the expiration of the May-26 contract, traders said.
ASIA PACIFIC
Shanghai to auction off CO2 permits under regional ETS
The Shanghai municipal government is scheduled to auction off permits under its emissions trading scheme at the end of this month to help regulated companies acquire sufficient permits for compliance.
Thai firm launches digital token tied to 400k carbon credits from mangrove project
A Thailand-based digital services firm last week announced plans to issue a digital token in the third quarter of 2026, raising up to THB 480 million ($14.7 mln) for a mangrove reforestation project tied to 400,000 carbon credits.
Thai rubber plantation project targets 1 mln carbon credits
A Thai state agency and an agribusiness and food conglomerate announed last week they have launched a rubber plantation project that aims to generate up to 1 million carbon credits across 80,000 hectares in northeastern Thailand.
Australia cannot rely on carbon removals to offset gas emissions, think tank says
Australia’s plans to keep pumping out gas while reaching net zero emissions rely on unrealistic assumptions about the future availability of carbon removals, hydrogen, and carbon capture technologies, according to a new report.
Australian biochar developer begins pyrolysis trial in Queensland
An Australian biochar developer has begun harvesting and pyrolysis trials at a project in North Queensland that aims to convert invasive woody biomass into biochar-based carbon removals (CDR).
Vietnam launches blue carbon partnership to unlock green finance -media
Vietnam’s environment ministry has launched a blue carbon partnership to help mobilise finance for the sustainable management of coastal and marine ecosystems, in collaboration with the UN and UK government.
Malaysia set to exceed renewable energy targets by 2031, report says
Malaysia is set to surpass its renewable energy capacity target by 2031, according to a report, amid growing electricity demand across the nation.
VOLUNTARY
VCM Report: CORSIA prices struggle to recover despite hopes for post-war demand rebound
CORSIA prices failed to rebound last week, with price assessments for eligible units down by more than 12% week-on-week and benchmark ICE futures dipping below $10/tonne amid higher jet fuel prices, even as market executives expressed hope for resurgence in demand once the Middle East conflict ends.
Biomass CDR could help solve SAF supply chain “chicken-and-egg” problem, paper says
Biomass-based carbon removal could help build the feedstock supply chains needed to scale sustainable aviation fuel (SAF) production, rather than competing with biofuels for limited resources, according to a paper released last week.
Isometric shortens default public comment period in latest standard update
Carbon credit registry and certification body Isometric has certified Version 2.1 of its standard, introducing a more streamlined validation process designed to accelerate the issuance of carbon removal credits.
INTERNATIONAL
US non-profit launches tool to track clean cooking commitments in NDCs
Nearly three-quarters of low- and middle-income countries include clean cooking or wider household energy measures in their national climate plans, according to a new public tracker launched last week by a US-based non-profit.
GEF approves $144 mln for climate, nature projects
The Global Environment Facility (GEF) trust fund has approved $144.3 million for 16 climate and nature-positive projects around the world that are expected to mobilise more than $828 mln in co-financing.
EU CBAM can spur wider adoption of carbon pricing, researchers say
The EU’s Carbon Border Adjustment Mechanism (CBAM) could drive a significant expansion of carbon pricing beyond Europe, with countries including Canada, Japan, South Korea, and Taiwan likely to introduce their own schemes to avoid paying the bloc’s import fee, according to a new study led by the Potsdam Institute for Climate Impact Research (PIK).
Extreme wildfires persist despite low global burned area, emissions in 2025 -study
Global wildfire activity in 2025 produced the second-lowest burned area and third-lowest CO2 emissions since satellite records began in 2002, but a growing concentration of destructive fires in populated and carbon-rich regions continued to generate severe human and economic impacts, according to a review published this week.
AVIATION/SHIPPING
LNG fleet faces widening compliance divide as EU emissions costs bite -analysts
The type of engine installed on an LNG carrier is becoming the defining factor in its future competitiveness under tightening maritime emissions rules, with older vessel classes facing mounting carbon compliance costs that could accelerate their exit from the market, according to new analysis.
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EVENTS
Latin America Climate Summit (LACS) 2026: June 2-4, Monterrey, Mexico – As part of IETA’s regional summits, we are pleased to announce that we are partners of the flagship LACS 2026 event being held at EGADE Business School y Escuela de Gobierno y Transformación Pública del TEC de Monterrey. With around 600 delegates, LACS combines regional leadership with global perspectives, focusing on how emerging emissions trading systems, carbon taxes, international market mechanisms, and innovation-driven infrastructure promote real climate action and sustained economic growth. As an in-person event with simultaneous English-Spanish interpretation, LACS offers a unique opportunity to engage directly with policymakers, market developers, investors, communities, and innovators, helping shape the architecture of carbon markets both regionally and globally. Check out the event page, or register here.
Power Summit: June 3-4, Helsinki – Join Eurelectric’s annual summit, where policymakers, industry leaders and innovators will explore how electrification can power Europe’s secure, competitive and climate-neutral future. This year’s edition will focus on accelerating electrification, strengthening energy security and mobilising investment for the energy transition. Register now.
Climate Futures APAC Summit 2026: June 17-18, Bangkok – As Asia-Pacific enters a defining era, the opportunities in climate and carbon markets, and decarbonisation strategies have never been greater. CFAS2026 convenes 600+ senior decision-makers from governments, corporates, financiers, exchanges, developers, and multilateral organisations to deliver actionable, proven strategies on Article 6 flows, CBAM-resilient supply chains, 2026-2028 procurement strategies, carbon accounting and digital MRV, high-integrity crediting, nature-based and engineered removals, and carbon insurance/guarantees for bankable projects. CFAS2026 will equip leaders with the tools to transform compliance obligations into lasting competitive advantage, resilient growth, and new sources of value. Register here.
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JOB LISTINGS THIS WEEK
- Consultant to support Operationalization of Carbon Tax and Enhancement of Readiness for Article 6, UNFCCC RCC WAC Africa – DRC
- Call for Experts: Assurance Review Roster, Gold Standard Foundation – Remote
See all listings or post a job
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