Not so Tropical - The Norwegian government is facing opposition from political opponents to the agreement to provide loans up to $3 bln (NOK 30 bln) over 10 years to Brazil’s Tropical Forest Forever Facility (TFFF). The deal, which was announced at last year’s COP in Belem, still needs parliamentary approval. The minority government faced resistance from all opposition parties, temporarily freezing the pledge made by Prime Minister Stor, according to Development Today.

Carbon accounting firm Absolute Climate has opened a month-long public consultation on an updated version of its Absolute Carbon Standard (ACS), introducing revisions to its framework for certifying removal activities and low-carbon products amid growing scrutiny of market integrity.

Chile has contracted a Sri Lanka-based technology provider to develop the country's awaited unified national carbon registry to track domestic compliance units, carbon tax offsets, and Paris Agreement Article 6 credits.

Microsoft has agreed to purchase up to 36,920 tonnes of CO2 removal credits from Indian enhanced rock weathering (ERW) developer Alt Carbon under a multi-year deal that marks the technology giant's first ERW procurement agreement in Asia.

Brussels must strike a balance between scale and integrity when it designs its international carbon credit purchasing framework, market stakeholders said this week, as the Commission digests the results of its recent consultation on the matter.

Company split – Global environmental disclosure platform CDP will become two separate organisations under a planned restructuring backed by global investment firm Permira, it announced Thursday. The new structure will split CDP into a commercial entity providing environmental data and disclosure services to companies, and CDP Foundation, a non-profit charitable organisation focused on developing science-led disclosure principles. CDP Foundation will remain a shareholder in CDP with board representation, while CDP’s products, services, and 2026 disclosure cycle will continue as planned during the transition. The deal is subject to regulatory approvals, including from the Charity Commission, and is expected to complete within six months.

Biochar collab – Singapore-based carbon project developer Alcom has partnered with Swiss CDR aggregator Altitude to help assess and support the latter’s existing biochar partner portfolio, aiming to ensure projects meet high standards and can scale, Alcom said in a LinkedIn post. The initiative will be led by Alcom’s director of carbon projects, Siddharth Kaul, with support from its carbon team.

Russia rating update – Russia has updated its national ECG business reputation rating to allow companies to receive additional points for implementing climate projects from June 2026, according to the country’s carbon registry. The updated standard, which enters into force on June 13, assesses companies based on environmental, workforce, and governance-related criteria, with proof of climate project activity or carbon credit issuance able to be provided through extracts from Russia’s carbon unit registry. The rating covers around 98% of Russia’s commercial organisations, or about 7.7 mln entities, with non-profit organisations also included from 2026.

Sierra Leone is preparing its first Biennial Transparency Report (BTR) under the Paris Agreement as it seeks to strengthen the institutional foundations underpinning its participation in international carbon markets, according to insurer Oka following a recent visit to the West African country.

Seaweed credits - Carbonwave expects to be issued its first sargassum carbon credit vintages in 2027, following the advancing of a methodology under Gold Standard and ongoing project-specific verification activities, it said in an annual report released in June. The anticipated issuance would represent a significant milestone for both the company and the wider blue carbon market, the developer claimed. If successful, these credits are expected to be among the first commercially issued carbon credits linked to methane emissions avoidance from sargassum seaweed. Carbonwave said it believes the development could help demonstrate the viability of innovative ocean-based climate solutions and contribute to the growth of blue carbon markets by creating a new pathway for verified emissions reductions.

Share selling - Singapore-based carbon exchange ACX has sold its shareholding in UK carbon ratings agency BeZero, according to a financial filing published this week on the UK’s Companies House website. According to the document, ACX offloaded its 150,585 shares in June 2025. No other details were disclosed.

The Science-Based Targets initiative's (SBTi) long-awaited new Corporate Net-Zero Standard was widely welcomed for recognising companies that address their ongoing emissions, including with voluntary 'high-integrity' credit buying – but stakeholders critiqued its lack of mandate on near-term action, which they said will significantly dampen the immediate market signal.

A carbon removal (CDR) standards body has teamed up with an established London firm in a bid to expand its pool of insurers eligible to underwrite risks associated with supplying the CORSIA aviation offsetting scheme, it announced on Thursday.

A Swiss climate organisation reported lower income and lower spending on climate protection projects in 2025, while its initiatives generated 2.93 million tonnes in certified CO2 emission reductions.

India's budding carbon market needs additional legal clarity before trading begins later this year, according to a legal expert who said current regulations have created ambiguity on whether compliance entities can use credits generated in the voluntary market.

A UK-based voluntary carbon offset provider will buy nature-based removals from an afforestation, reforestation, and revegetation (ARR) project under a "staggered spot" agreement covering both issued and in-verification credits, it announced on Thursday.

A Japanese biochar solution provider is seeking to expand its business in Indonesia, with a planned feasibility study to explore the potential of credit-generating biochar project.

Recently published research shows how estimates of leakage for forest carbon projects can be significantly improved, which is necessary for addressing an important integrity issue and building confidence in carbon markets as a tool for climate action.

As creditworthy offtakers with significant energy requirements, data centres can be a key driver of the clean energy transition, especially as tech companies seek to curb their environmental impact, say experts.

The Science Based Targets initiative (SBTi) has published its long-awaited Corporate Net-Zero Standard Version 2.0, which recognises companies that address their ongoing climate impact, including through the additional buying of high-quality reduction or removal credits, and plans to mandate such action from 2035, but stops short of permitting any offsetting to account for in-chain emissions.

While China's new offset methodology provides a path for livestock methane reduction projects, its dairy industry has yet to establish mature cases and continues to face significant implementation challenges, according to a recent report.

India's carbon credit startup ecosystem remains dwarfed by other climate technology sectors, attracting just a fraction of the investment flowing into electric vehicles, renewable energy, and battery storage, new data showed.

Organisers of the 2026 Summit on Clean Cooking in Africa have announced the postponement of the high-profile event, which was originally scheduled to take place in Nairobi on July 9-10.

First deal - Sompo Japan Insurance, a member of the Natural Capital Credit Consortium (NCCC), has completed the first-ever purchase of credits issued under the NCCC Carbon Standard, the consortium announced Thursday. The credits were generated from the Akaiwa grassland project implemented by Tsujita Construction Machinery, which used a patented construction technique to prevent soil erosion and strengthen the ground during construction.  

Airlines are focusing more on soaring jet fuel costs and operational pressures than carbon credit purchases as prices for CORSIA-eligible offsets continue to weaken ahead of the scheme’s upcoming mandatory phase in 2027, according to a member of ICAO’s Technical Advisory Body (TAB).

Chile has redefined its landmark baseline-and-credit schemes as emissions trading systems (ETSs) and is now evaluating articulation with the energy sector pilot, an official told Carbon Pulse, while seeing potential in Article 6 to channel investment into hard-to-abate sectors and leverage GHG reductions towards national targets.

A member of the international Greenhouse Gas Protocol’s Independent Standards Board tendered their resignation earlier this week based on deliberations over forest carbon accounting.