Some 1 million carbon removal units are available from 2030 from a reforestation project in Colombia, according to a call for offtake launched by a project developer and climate consultancy.

The International Air Transport Association (IATA) has launched an alliance to boost the supply of carbon credits eligible for compliance with CORSIA by spring 2027, it announced on Saturday.

An afforestation initiative has become the first-ever project to register on Portugal’s voluntary carbon market (VCM) platform, launched last October.

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.

Coalbed consultation – Absolute Climate has opened a public consultation on Version 1.0 of its Biomass Injection with Geologic Storage (BIGS) methodology from June 1 to July 1, outlining an assessment framework for quantifying CDR and low-carbon natural gas in coalbed reservoirs. The methodology describes how injected liquid biomass is converted by native microbial communities into biogas primarily composed of methane and CO2; while biomethane, CO2, and any unreacted biomass may be stored in the reservoir. According to the draft, coal’s preferential affinity for CO2 over methane supports CO2 storage and biomethane recovery, while small amounts of resident fossil natural gas could also be co-produced during early-stage operations.

A forest finance facility launched Friday is targeting an initial $50 million raise to provide early-stage and continuity capital for Indigenous and traditional community-led forest conservation projects.

A large US bank has signed its second carbon removal offtake deal with a developer of bio-oil projects, bringing its total commitment with the company to 90,000 tonnes.

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.

A UK energy-from-waste operator has completed a major upgrade at a West Yorkshire plant earmarked for carbon capture and storage (CCS) deployment, it said Monday.

Member states will for the first time be able to use EU-certified permanent carbon removal credits to meet their national climate targets for agriculture, forestry, and other non-ETS sectors under proposals due to be presented later this year, a senior official has said.

Last month's change of government in Bulgaria could sharpen Sofia’s tone on EU climate policy, adding to wider Eastern European pressure for more flexibility on carbon costs, industrial rules, and border carbon fee exposure.

The Chilean government is looking into building a platform designed to increase carbon project transparency and connect developers with investors, consultants, and potential buyers across different markets, an official said on Thursday.