Brazil's state-controlled oil company completed the production and sale of its first batch of sustainable aviation fuel (SAF) made from soy oil certified under the aviation sector's CORSIA certificate for non-deforestation sourcing.

Independent due diligence on jurisdictional claims will be increasingly necessary for generating buyer-facing confidence in jurisdictional REDD+ (J-REDD+) programmes, speakers said during an online event on Thursday.

Regulatory oversight should be viewed as an enabling condition to scale up carbon credit markets, according to new research.

Supply bottlenecks make international carbon credit procurement cumbersome, but host country processes need to hasten to stimulate investment, said a representative of Switzerland’s procurement entity, adding domestic political pressures beckon on its horizon.

California and Massachusetts are best incentivising consumers to transition to EVs amid policy rollbacks from the Trump administration, according to a new report.

A US-based developer of super pollutant credits is targeting rapid expansion into Central and South America as food supply chains increasingly shift into the region, according to its CEO.  

Carbon standard Verra has reinstated the Northern Kenya Grassland Carbon Project after a community formally reaffirmed its participation through a process conducted in line with Kenyan law.

A late burst of selling pushed EUAs back to the €80 mark, leaving the benchmark contract only marginally higher for the day, as European equities fell late, while traders anticipated that exports would soon start to ramp up from Middle Eastern energy hubs.

Getting personal - All Nippon Airways (ANA) has launched a Personal Program under its Sustainable Aviation Fuel (SAF) Flight Initiative, allowing individual travellers to contribute to SAF use when booking flights. The airline said it is the first Japanese carrier to offer such a programme to retail customers. Through an online platform, travellers can enter their flight details, view estimated CO2 emissions, and purchase SAF environmental attributes linked to their journey. Participants receive a certificate showing the estimated lifecycle emissions reductions associated with their contribution. The programme was designed by ANA and is powered by Chooose, which provides emissions calculations, SAF attribute tracking, and auditability systems. ANA said the initiative aims to broaden participation in aviation decarbonisation by giving leisure travellers a transparent way to support SAF deployment.

A small batch of an anticipated 5 million European soil carbon credits from one developer have traded at an average of just over €50 a credit.

A Dutch nature-based (NbS) project developer has completed a two-year assessment of soil carbon opportunities across Eastern Europe and launched a full feasibility study in Ukraine that could lead to carbon credit issuance before 2030, it announced Thursday.

Banks’ own climate-impacting activities are more likely to create transition-risk exposure through investors, clients, policymakers, or litigation than to materially increase their own physical climate risks, according to a new working paper on double materiality.

Ukraine has adopted a two-year framework on Wednesday to test procedures for authorising, issuing, and transferring mitigation outcomes under Article 6 of the Paris Agreement, alongside rules for a national carbon registry.

The European Parliament’s largest political group is weighing changes to the EU carbon market aimed at shielding industry and limiting price volatility, according to a draft internal document seen by Bloomberg.

Green tick - The emissions monitoring system by Daphne Technology known as 'PureMetrics' has been found suitable by Lloyd's Register as a direct continuous emissions monitoring system for select GHG emissions from marine diesel engines onboard ships. The assessment was based on reviewed documentation and onboard demonstration tests, said the press release Thursday. The appraisal confirms that the system is designed to monitor CO2 and methane, as well as other greenhouse gases, and is designed for installation on marine diesel and dual-fuel engines.

China repeatedly criticises the European Union's carbon border tariff as a unilateral trade measure, but a more pragmatic response is forming behind the scenes, according to a new report that said Beijing is aligning its own carbon architecture with European standards to protect exporters.

UK forest project – A UK-based afforestation, reforestation and restoration (ARR) project has received a BeZero Carbon ex ante rating of AApre with low execution risk, its developer announced on Thursday. The project, based in Scotland, is the first AA-level rating awarded to a UK Woodland Carbon Code scheme, according to developer Oxygen Conservation. The Invergeldie Estate Woodland Creation seeks to generate over 350,000 carbon removal credits over an 100-year commitment period, based on its native woodland work in Perthshire.

A US carbon capture and storage (CCS) startup announced on Thursday positive analysis from a large, independent engineering consultancy about the price competitiveness of its water-based technology, the founder told Carbon Pulse.

Fertilisers, wasted – A new analysis by Zero Carbon Analytics found that European farms spent €16 bln on synthetic nitrogen fertiliser that never reached crops, between 2019-24. The excess has leaked into rivers and streams, leading to nitrate contamination of groundwater and excessive water pollution. Some €6.1 bln was spent on gas for fertiliser that generated no food. Expenditure surged following Russia’s invasion of Ukraine, jumping from €0.4 bln in 2019 to €2.9 bln in 2022. The news comes just as member states agreed on emergency measures to help farmers cope with rising fertiliser prices, as part of the bloc’s response to mounting pressure on farm incomes linked to the Middle East crisis.

Blue carbon – A blue carbon accelerator, managed by Fair Carbon and Finance Earth, announced its first cohort on Thursday, backing two mangrove projects in West Africa. The Blue Catalyst Fund will provide early-stage finance to projects in The Gambia and Guinea, offering technical expertise to help them develop “investment-ready” blue carbon initiative, Fair Carbon said in a statement. The Gambia-based North Bank Ecosystem Restoration Trust will use the accelerator’s funding to conserve and restore 16,950 ha of mangroves while Guinea-based West Africa Blue will scale its mangrove initiative across 34,000 ha of the country’s Forecariah and Boffa prefectures. The Blue Catalyst Fund, endorsed as an Action of the UN Decade of Ocean Science for Sustainable Development, aims to support the conservation and restoration of 150,000 ha of coastal ecosystems.

Solar green light – The Glorit solar farm has reached financial close and construction of the 171 MWdc installation will now begin, New Zealand gentailer Contact Energy announced on Thursday. Developed in partnership with Lightsource bp, the project secured NZ$285 mln ($165.2 mln) of non-recourse financing from ANZ, Mizuho, Bank of China New Zealand, China Construction Bank New Zealand, Deutsche Zentral-Genossenschafts Bank. The partners have decided to extend their collaboration to other opportunities, Contact added. New Zealand’s power sector is covered by the country’s ETS, despite being dominated by renewables.

The European Commission is “seriously considering” granting free CO2 permits to shipping companies that use clean fuels as part of the upcoming reform of the EU Emissions Trading System (EU ETS) due to be presented in July.

Greener shipping - Mitsui O.S.K. Lines (MOL) has signed new supply agreements in northern Europe and the Mediterranean to expand use of bio-LNG on MOL-operated LNG-fuelled car carriers. Titan (part of Molgas) will continue to supply the fuel in northwest Europe, while Axpo will take charge of supply in the Mediterranean, the company said in a release Thursday. Replacing one tonne of conventional heavy fuel oil with bio-LNG through the initiative is estimated to reduce about 4.5 tonnes of CO2e. MOL aims to increase its GHG reduction efforts by expanding the geographic reach, volume, and quality of its bio-LNG fuel usage, as well as other next-gen fuels, in line with the shipping sector goal to reach net zero.

The carbon industry still faces a critical financing bottleneck as traditional lenders remain sidelined by a lack of bankable offtake agreements, despite growing support for early-stage projects, a conference heard Thursday.

A Kenyan biogas project has announced it has secured formal approval from the country's government, eyeing Article 6 trade, just days after a government minister said the number of credits allowed for international sale would be limited to around 10 million until 2030.

A coalition of European clean aviation technology firms has urged the European Commission to extend the EU’s Emissions Trading System (ETS) to international flights, directly challenging an earlier push by major airlines and six EU governments to curb or delay higher carbon charges on the sector.

As promises to tackle emissions in the short term butt heads with the realities of rising energy demand and pricey, early-stage carbon removal technologies, companies are increasingly looking for faster, easier wins – and driving a new market for superpollutant credits.

European lawmakers on Wednesday exposed deep divisions over the European Commission’s upcoming Electrification Action Plan, clashing over the pace of the rollout, how to pay for it, and which technologies should count as clean.

The UK Carbon Markets Forum (CMF) has appointed a new chair from a major global consultancy, as it seeks to accelerate the growth of global credit markets and deepen engagement across the financial sector.

The EU’s 27 member states agreed their position on Wednesday on emergency measures to help farmers cope with rising fertiliser prices, as part of the bloc’s response to mounting pressure on farm incomes linked to the Middle East crisis.

Divergent rules for managing carbon reversal risks could weaken market integrity and encourage project developers to choose less demanding standards, according to a report released Thursday.

Upskilling - A new partnership announced on Wednesday between the government of Western Australia and fertiliser player Yara Pilbara aims to upskill workers in the Pilbara region for clean energy jobs. Yara Pilbara operates one of the state’s largest ammonia production facilities and is also developing a renewable hydrogen plant, positioning the region as a key part of Western Australia’s future as a “renewable energy powerhouse”. Upskilling initiatives will prioritise the participation of Aboriginal people and women.

A German-headquartered foundation opened a call for proposals this week, offering a total $17 million of funding to projects focused on establishing blue carbon schemes in marine protected areas, and Other Effective area-based Conservation Measures (OECMs) across four Asian countries.

Guidance - Regulators in Taiwan are developing new anti-greenwashing guidelines, which are expected to be finalised by the end of the year. The environment ministry and the Financial Supervisory Commission (FSC) have begun consultations to establish Scope 3 emission factors. The government will prioritise setting these standards for semiconductor and electronic component manufacturing industries, given their high export volumes and importance to the global supply chain.

The CEO of a legacy REDD+ project in Indonesia has said overseas buyers and investors are looking for stability in the country’s carbon regulatory landscape to instil confidence that credits will resume and remain flowing.

Greenhouse gas emissions across the EU have fallen by more than 17% over the past decade, even as the bloc's economy expanded, according to fresh data released by Eurostat.

Formula 1, the top tier of international motorsport, has reduced its carbon footprint by 35% from its 2018 baseline and remains on track to becoming a net zero sport by 2030, according to its latest sustainability report.

Green voyage -  Japanese shipping giant Mitsui O.S.K. Lines has signed new agreements with Dutch LNG supplier Titan and Swiss energy trader Axpo to expand the supply of bio-LNG fuel for its car carriers across Northern Europe and the Mediterranean. The move extends MOL's bio-LNG bunkering network to Spanish ports, including Malaga and Barcelona, building on an existing Northwest Europe arrangement, it said. MOL estimated that replacing one tonne of conventional fuel oil with bio-LNG avoids around 4.5 tCO2.

Demand for Australian carbon credits is likely to continue rising until around 2043, several years later than other forecasts have suggested, according to a market advisory that claimed industrial facilities covered under the Safeguard Mechanism may take longer than expected to decarbonise.

A Qatar-based standard body said it will likely revive an independent carbon finance facility in 2026, pitching itself as the only Global South standard with a governance and digital‑heavy approach to carbon markets.

The announcement states that trading will be suspended until the exchange is satisfied that NoviqTech is in compliance with its listing rules, specifically Listing Rule 3.1 on timeline disclosure of information that may materially affect share value.

A major Japanese shipping company said it is waiting on the passage of key regulations, including the Net Zero-Framework, before it ramps up purchases of carbon removal (CDR) credits.

Governments across East Asia are ramping up reforms to their emissions trading schemes, though the strength of their policy signals varies widely.

Asia-Pacific industry is beginning to explore how carbon market‑style accounting can support the emissions assurance now demanded under the EU’s Carbon Border Adjustment Mechanism (CBAM), even as regional readiness remains highly uneven.

The New South Wales Net Zero Commission (NZC) has issued a call for evidence to better understand the opportunities and barriers to decarbonisation in the state.

Monitoring template – India's Bureau of Energy Efficiency (BEE) has released a monitoring plan template for entities covered under the country's Carbon Credit Trading Scheme (CCTS), setting out detailed requirements for tracking and reporting GHG emissions. The template requires obligated entities to document emission sources, source streams, monitoring methodologies, measurement equipment, sampling and calibration procedures, and internal controls for emissions data management.

A coalition of Iwi leaders, climate activists, and an environmental non-profit have lodged a complaint with the UN’s human rights and climate change rapporteur over a New Zealand government proposal to restrict climate-related tort claims.

Uninsured – New Zealand’s listed health and life insurers will no longer be obliged to submit annual climate risk reports, the government announced on Thursday. This will reduce the number of companies covered by the mandatory disclosure scheme by nine, to 67 – significantly below the 164 the regime started with. The Financial Markets Authority said it would provide interim relief to health and life insurance companies by taking no action to enforce the regulation while waiting for the legislative change to be passed. The government last year proposed weakening the climate disclosure scheme, lifting the threshold for reporting from a market capitalisation of NZ$60 mln ($34.8 mln) to NZ$1 bln, which knocked out 88 companies. The Financial Markets Conduct Amendment Bill, which will enshrine all of the above changes, is yet to be passed.

Ammonia shipping – JERA, Japan’s largest power generator, has entered into time charter agreements with Japanese shipping conglomerates Mitsui OSK Lines and NYK Bulkship Asia for two fuel carriers each to transport low-carbon ammonia, it announced Thursday. Ammonia produced at the Blue Point Project in Louisiana, US will be supplied to JERA’s Hekinan Thermal Power Station. The contracts mark the world’s first long-term deployment of Very Large Gas Carriers for low-carbon ammonia transportation, JERA said.

Small island developing states (SIDS) want the Bonn climate talks to move mitigation finance and Article 6 support beyond discussions and towards practical access to concessional capital, project preparation support, and implementation pathways needed to meet finance-dependent climate targets, experts told Carbon Pulse.

Saldanha SAF – Phelan Green Hydrogen has licensed technology from Johnson Matthey for a planned electro sustainable aviation fuel (eSAF) facility in South Africa's Western Cape, it was announced this week. The Saldanha Bay project is designed to produce 35,000 t of eSAF annually in its first phase, for sale into the EU and UK markets, before scaling up to 140,000 t/yr once fully developed. Construction is set to begin later this year, backed by a R47 bln ($2.9 bln) investment as part of a wider Phelan Green Hydrogen Project.

A major certification body for jurisdictional carbon programmes issued just under 1.1 million credits to Costa Rica, a share of which are the first removals certified by the standard, it announced Wednesday.

The Colombian Ministry of Transportation, in partnership with several private and international organisations, has launched the country's first zero-emissions freight corridor, aiming to tackle one of the country's main sources of GHGs.