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TOP STORY
China emissions plateau holds, despite 2% Q1 increase amid ‘wasted’ renewables
China’s emissions plateau continues, though CO2 output rose by 2% in the first quarter of 2026 as the country struggled to integrate new wind and solar capacity, a new analysis has found.
DAILY NEWS TICKER
CP Daily News Ticker: 3 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.
LATIN AMERICA CLIMATE SUMMIT 2026
Mexico targets end-2026 launch for ETS, national offsetting programme
The Mexican government is aiming to publish the regulation required to make its emissions trading system (ETS) fully operational by the end of 2026, accompanied by a national programme to boost local supply of carbon credits, according to a federal official.
Climate ambition, regulatory certainty could command premium in international carbon markets, experts say
The climate ambition of host countries and the stability of their regulatory frameworks are increasingly emerging as factors that could influence the price of internationally-traded carbon credits, as buyers and proponents seek to manage sovereign risks beyond the control of project execution, legal experts said this week during the Latin America Climate Summit (LACS) in Mexico.
Chile authorises landfill Article 6 project, nears Japan and Singapore bilateral agreements
Chile has issued a Letter of Authorisation (LoA) for a biogas landfill mitigation project, with the government also looking to operationalise two other bilateral agreements and preparing to assess a new batch of projects next month, a senior government official said this week at the Latin American Climate Summit (LACS).
INTERVIEW – Verra sees Misiones approval as slingshot for new wave of jurisdictional REDD+ programmes
Several governments across Latin America and the Caribbean are studying how to replicate Argentina’s Misiones programme after it became the first jurisdictional REDD+ initiative approved under Verra’s Jurisdictional and Nested REDD+ (JNR) Framework, the standard’s regional representative told Carbon Pulse.
EMEA
EU capitals push to keep free carbon allowances during CBAM suspension
EU member states want installations covered by the EU’s Emissions Trading System (ETS) to keep receiving free carbon allowances even if they are temporarily removed from the scope of the Carbon Border Adjustment Mechanism (CBAM), according to a leaked draft compromise on extending the scheme.
EU, UK urged to spell out ETS linkage roadmap to unlock CCS investments
European carbon capture stakeholders are urging Brussels and London to set out a clear timetable with key milestones for linking the EU and UK carbon markets, warning that continued uncertainty risks delaying billions of euros in planned CO2 transport and storage projects and undermining Europe’s industrial competitiveness.
Euro Markets: EUAs swing from psychological upside target back down to technical support as funds build length
EU carbon prices briefly topped a key psychological level after the weekly Commitment of Traders data showed a strong build in bullish bets by speculative participants, before renewed selling took the market back down to familiar territory near an important technical mark, leaving the price finely balanced as another supply adjustment approaches.
Brussels proposes AI expansion, climate safeguards to be put in place
The European Commission on Wednesday unveiled a technology sovereignty package aimed at reducing the bloc’s dependence on foreign suppliers of semiconductors, cloud services, and artificial intelligence – while NGOs call to ensure that a rapid expansion of digital infrastructure does not undermine Europe’s climate goals.
EU should create Carbon Bank to fund removals, says Swedish environment agency
The EU should consider creating a ‘Carbon Bank’ to fund the scale-up of carbon removals (CDR) along with setting a separate deployment target for the nascent technology by 2040, new analysis suggests.
EU aviation, shipping decarbonisation held back by weak project economics -report
High sustainable fuel costs, policy uncertainty, and limited long-term offtake agreements are holding back private finance for the decarbonisation of EU aviation and shipping, despite growing policy support for cleaner fuels, according to a report published Wednesday.
Utilities, tech firm launch AI alliance to decarbonise EU data centres -report
Europe’s power sector and major technology companies have launched a new cooperation framework aimed at ensuring that the rapid expansion of artificial intelligence and data centres supports, rather than undermines, the continent’s clean energy transition, as policymakers prepare to unveil a wider strategy on digitalisation and AI in the energy sector.
Launch of first commercial DAC system to plug supply crunch at Dutch greenhouses
A developer of modular direct air capture (DAC) technology has partnered with a regional utility in the Netherlands as it aims to provide fossil-free CO2 to a cluster of greenhouses, and guarantee localised delivery for optimal crop growth.
Mining drives 34 times more offsite forest loss than direct clearing in sub-Saharan Africa -study
Mining activities across sub-Saharan Africa have triggered far more deforestation beyond mine boundaries than within them, with every hectare of forest directly cleared for mining associated with nearly 34 additional hectares of offsite forest loss, according to a new study.
AMERICAS
US carbon removal firm receives Japanese investor backing, signs credit deal
A US carbon removal company has secured investment from a Japanese trading firm to expand a facility in Arkansas, while separately signing a credit purchase agreement with a major shipping group, it announced Wednesday.
US Northeast states sue Trump administration over $795 mln offshore wind lease cancellation
A coalition of seven states in the US Northeast sued the Trump administration on Tuesday over a deal to cancel an offshore wind lease in the New York Bight, arguing the agreement unlawfully redirects a major power project into fossil fuel investment and undermines state energy planning.
Colorado confirms 2026 auction schedule under manufacturing GHG trading programme
Colorado confirmed the schedule for the 2026 annual auction under its GHG trading programme for industry in a Wednesday notice.
Canada announces C$130 mln for forest sector transformation projects
Natural Resources Canada (NRCan) has awarded C$130 million ($93.6 mln) in federal funding to 56 forestry innovation projects, ranging from new low-carbon wood technologies, to supporting Indigenous participation and forest-sector businesses.
Ontario close to carbon management framework, tools to scale CDR
Ontario could soon launch a carbon management framework for public consultation, alongside two deployment tools aimed at carbon removal (CDR) and storage rollout.
Canadian financial regulators lag on use of climate risk tools beyond disclosure -report
Canada’s financial regulators remain concentrated on disclosure and climate-risk research while leaving stronger tools largely unused, even as physical damages and transition risks grow across the financial system, according to a new report.
ASIA PACIFIC
Singapore’s share of ACCU holdings grow due to intermediaries, regulator says
Singapore-based intermediaries have a growing presence in Australia’s carbon market, according to data published by the Clean Energy Regulator, largely due to surrendering credits on behalf of clients.
Australia’s battery boom helps set record renewable rollout, govt says
Rooftop renewable energy installations have reached record levels in the first quarter of the year, aided with the globally significant rollout of batteries across the country, according to a report from the Clean Energy Regulator, published Wednesday.
Taiwan collects nearly $160 mln in first carbon fee cycle
Taiwan has successfully collected its inaugural carbon fees, with semiconductor giants shouldering the largest share of the payments.
NZ climate minister at odds with ministry over ETS setting updates, documents show
Cabinet documents published Thursday showed a rift between New Zealand’s climate minister and his ministry over how often the country’s ETS price controls and settings should be updated.
New Zealand confirms lower annual forestry ETS charges, new service charges
The New Zealand government has given the nod to lowering ETS annual charges for foresters, as well as introducing several new service fees, it announced Wednesday.
DATA DIVE: NZ ETS forest applications stagnate
The number of applications for new forests to enter the New Zealand Emissions Trading Scheme (ETS) has continued to plateau, with the latest data showing just nine applications were received in May.
Climate infrastructure provider, CDR financier ink one of India’s largest biochar offtake deals
An India‑based climate infrastructure company has signed a multi‑year agreement with a carbon removal (CDR) financier to deliver 180,000 tonnes of biochar removals, in what the partners say is one of the largest long‑term offtake deals of its kind from the South Asian country.
VOLUNTARY
Carbon standard, forestry researchers partner to strengthen nature-based crediting
A Global South-focused carbon crediting standard is partnering with forestry researchers to strengthen the environmental integrity of nature-based credits in carbon markets, the two sides announced on Wednesday.
Study shows biochar carbon credits trade higher with SDG co‑benefits
Buyers in the voluntary carbon market are paying more for biochar carbon credits when they are marketed with Sustainable Development Goal (SDG) co‑benefits, according to a study.
Private sector registries no longer run VCM, investment bank says
The voluntary carbon market’s (VCM) era of private sector registry-centric governance is over, according to an investment bank which claims sovereign registries will assume the leading role in driving market changes now that Article 6 of the Paris Agreement is up and running.
Gold Standard seeks feedback on new green hydrogen carbon methodology
Gold Standard has opened a public consultation on a proposed green hydrogen carbon methodology that would quantify emission reductions from replacing fossil fuel-based hydrogen production with water electrolysis.
AVIATION
Nearly 600 mln eligible CORSIA credits held up in LoA bottleneck, finds rating agency
The bottleneck in host countries approving projects for CORSIA, the international aviation offsetting scheme, is holding back nearly 600 million eligible credits to date, a ratings agency has found.
INTERNATIONAL
FAO guidance seeks alignment on tree crop mapping data
New guidance published this week seeks to improve the consistency and transparency of spatial data used to monitor deforestation-linked commodity supply chains.
Ocean finance has risen sharply but remains far below levels needed for climate and conservation goals -analysis
Ocean finance has grown over the past decade, but funding remains concentrated outside some of the sectors most directly tied to decarbonisation and climate resilience, according to a new analysis.
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EVENTS
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