The European power industry is pressing for greater certainty around the bloc’s Emissions Trading System (ETS) and Carbon Border Adjustment Mechanism (CBAM), as the impetus for electrification shifts from emission cuts to core industrial competitiveness, according to a new report published ahead of the European Commission's upcoming Electrification Action Plan.

Brazil should consider an Article 6 strategy that allows the export of carbon credits while retaining 50% of mitigation outcomes for domestic climate targets, carbon trading industry group IETA said in a new report.

The European Union's flagship Carbon Border Adjustment Mechanism (CBAM) may be ill-equipped to protect European industry in an increasingly fragmented global economy, according to a new study that calls for a major redesign of the policy.

Benin has raised its climate ambition under a newly submitted Nationally Determined Contribution (NDC), pledging to cut greenhouse gas emissions by one-third over the next decade while positioning itself to tap international carbon markets under Article 6 of the Paris Agreement.

EU industrial leaders have called for a comprehensive rethink of the EU's Emissions Trading System (ETS) and Carbon Border Adjustment Mechanism (CBAM) to keep CO2 costs under control, and keep industrial production in Europe as large emitters are weaned off free allowances.

Concentration among a handful of buyers, weakening prices, and policy uncertainty are threatening the scale-up of carbon removal (CDR) despite recent growth in the sector, according to a report released on Tuesday.

British industries and manufacturers want the UK and EU to tie up their emissions trading schemes as soon as possible, in order to minimise the challenges of navigating two separate, and diverging, markets and border carbon fees, representatives told a House of Lords committee on Tuesday.

India has opened a public consultation on two additional draft methodologies under the offset mechanism of its Carbon Credit Trading Scheme (CCTS), looking to expand the range of activities that could generate carbon credits.

Germany’s federal government has slashed spending on carbon offsetting for official travel by more than 90% in 2025 as stricter international standards left policymakers struggling to find enough qualifying carbon credits, according to Table.Briefings.

No double levy - Shipping won't have to pay twice for its GHG emissions under both European and potential international rules aimed at curbing levels of CO2, said Apostolos Tzitzikostas, the EU commissioner for sustainable transport, in an audience with Greek shipowners at the official opening of Posidonia 2026. The sector must currently adhere to the regional FuelEU Maritime and EU ETS, and there have been concerns that the potential imposition of a global carbon price on the sector could see stakeholders hit with a double emissions levy. However, Tzitzikostas's statement puts this concern to rest. His speech follows the recent IMO meeting where countries agreed to continue talks on the Net-Zero Framework, to which he said the "measures must be just, realistic, applicable and protect European and Greek competitiveness". (Trade Wind News)

Unlikely buyer – Nicola Willis, New Zealand’s finance minister, said again it is very unlikely the country will buy international credits to meet its 2030 NDC when questioned on Q&A on Sunday, and suggested new pathways would emerge to uphold obligations, without elaborating. Interviewer Jack Tame pressed Willis on the matter, as it came just days after New Zealand backed a UN General Assembly resolution to endorse the ICJ’s climate opinion on states’ obligations on climate change, and on a lack of evidence that New Zealand can meet the 2030 targets absent international credits. Willis told Tame it was not a binary situation, to either reduce emissions domestically or buy international units. Last year, climate minister, Simon Watts, told Carbon Pulse that the focus is on cutting the country’s emissions first. Willis in Dec. 2025 told a Parliamentary committee that Treasury had not budgeted to purchase overseas credits as there was no legal obligation to meet the Paris Agreement targets.