Delivery offset – A large Russian online retailer, Wildberries & Russ, has called for unified market recommendations on reducing carbon emissions from the e-commerce sector, according to a statement shared to the Russian Carbon Units Registry on Friday. The retailer has seen customers offset 3.7 tonnes of CO2e from delivery services since launching a voluntary compensation initiative in mid-April with Moscow-based petrochemical company, Sibur. The initiative is aimed at allowing online customers to make their orders 'carbon neutral' with Russian carbon credits. Demand for offsets from Russian companies has increased since the start of 2025, according to analysis from AlliedOffsets.

The investment arm of the Brazilian COP30 presidency’s flagship Tropical Forest Forever Facility (TFFF) will be hosted in Luxembourg, the TFFF’s newest contributor, it was revealed Friday.

Trading in the Chinese emissions market remained rangebound this past week amid a lack of policy updates, with analysts projecting the bid price to dip below the RMB 80 ($11.81) threshold in June.

London’s Intercontinental Exchange (ICE), the world’s largest marketplace for environmental derivatives, has lost a legal tussle this week over its world famous acronym, after a Dutch court ruled that a crypto trading company, owned by an environmental markets firm and using a similar branded registration, did not infringe on the bourse's trademark.

The news that Zimbabwe’s carbon credits are barred from the international aviation offsetting scheme CORSIA has sparked concerns elsewhere in Africa of a disconnect between Paris Agreement and ICAO rules – and may dissuade others from following a similar model for their national carbon registries.

Japan and Palau have completed their first transaction of the Internationally Transferred Mitigation Outcomes (ITMOs) under the Tokyo-led Joint Crediting Mechanism (JCM), they announced.

New Zealand allowance prices traded tightly this week in the low NZ$50s ($29s), as next week will see another government auction that is unlikely to clear.

Himalayan climate pact- Value Network Ventures has signed a pact with Conservation International to scale the Mountains to Mangroves initiative across the Eastern Himalayas. The project is an ecosystem-wide conservation and reforestation programme. The deal will develop a portfolio of landscape‑scale climate projects aimed at restoring ecosystems, strengthening biodiversity and water security, and supporting Indigenous and local communities.

A report warned Australia could miss out on a $100 billion ($71.2 bln) green iron and steel industry if the federal government fails to secure demand‑side deals with key trading partners in Asia.

Greener pastures - Seaweed grower CH4 Global is moving all of its operations to Australia from New Zealand, due to a lack of supporting regulations in the country, Farmers Weekly reported. The company, which grows asparagopsis for methane mitigation, said the NZ government has not changed its stance on classifying seaweed-based feeds as a veterinary medicine, and is therefore unable to sell it to farmers. A company spokesperson said it was exporting all of its product to Australia, and all of its production now takes place there, describing it as a missed opportunity, given around 50% of all NZ's GHGs derive from the agricultural sector, namely methane from livestock.

India fuels biogas - India is set to launch a programme this month to drive compressed biogas (CBG) production by raising guaranteed purchase prices and offering subsidies for new plants, Business Standard reported. The policy aims to cut carbon emissions and ease reliance on fossil fuels by increasing the offtake price of CBG and providing financial incentives for project developers, the report added, citing sources. The programme expects the number of operational CBG plants to rise to about 700 over the next several years, up from roughly 200 currently.