A government-led coalition of 11 countries plans to publish a non-binding policy playbook at COP31 to guide national measures aimed at increasing demand for high-integrity carbon credits, it announced Tuesday.

CORSIA futures sank to fresh two-year lows last week, with benchmark contracts slipping further below $10/tonne as uncertain sentiment over demand continued, while there were some positive signals in terms of retirements in the wider voluntary carbon market (VCM) amid an ongoing refocusing on quality.

The Western Balkans’ ageing coal plants are breaching legal pollution limits and operating beyond closure deadlines, despite pressure from the EU’s Carbon Border Adjustment Mechanism (CBAM), an NGO has warned.

The British government has published detailed guidance for shipping companies on complying with the maritime expansion of the UK ETS, setting out monitoring, reporting, and allowance surrender requirements ahead of the sector's entry into the carbon market from July 1.

Project developers working on nature-based carbon are trapped within a structural catch 22 whereby an offtake is necessary to receive investment, but funding is required to secure an offtake, according to a report launched at London Climate Action Week (LCAW) on Monday.

EU Allowance auction volumes are to be adjusted downwards after the first of two fundraising mechanisms to help the European Union speed its transition away from Russian fossil fuels reached its revenue target on Monday, the European Commission said on Monday.

Two large private funding vessels announced carbon finance disbursements last week, while public-sector commitments have companies contemplating looming compliance carbon prices.

Amazon decided to open its carbon credit service to qualified UK companies after hearing from many that they were scared to even dip a toe in the carbon market, as required by the tech giant's Climate Pledge, a company official said on Monday.

A UN agency outpost in Djibouti has joined a compliance carbon pricing initiative active in several African countries, as an observer and strategic advisor.

Mining industry hit by EU CBAM – The mining industry in South Africa is racing to cut power-related emissions as the EU’s Carbon Border Adjustment Mechanism (CBAM) fully bites, reports Cape Business News. CBAM’s entry into effect on Jan. 1 this year has shifted EU climate rules into an immediate commercial threat, turning carbon intensity into a critical pricing factor for iron, steel and aluminium exports. Miners can act fastest on electricity use via renewable PPAs, said Lyra Energy’s Liesel Kassier, warning firms that cut Scope 2 emissions now will better defend prices in increasingly carbon-sensitive markets.

A team of Swiss researchers has developed a lab-tested direct air capture (DAC) material made from food-processing waste, which they say could offer a lower-energy and potentially cheaper route to removing CO2 from ambient air if it can be scaled.

Scottish solar surge – Scottish households have sharply increased uptake of solar panels and heat pumps since Russia’s invasion of Ukraine drove up gas prices, new analysis shows. Scotland now has 52 solar PV systems per 1,000 households, compared with 44 in England, almost double the Scottish rate in 2019, according to data from the Microgeneration Certification Scheme, analysed by the Energy and Climate Intelligence Unit (ECIU). Aberdeenshire and Stirling have reached around one in 10 homes with solar. Heat pump deployment has also “sharply” accelerated, with more than 17 air source units per 1,000 households in Scotland versus around nine in England.

German agency seeks African advisor – German development agency GIZ is seeking a junior advisor in Pretoria to support the South African component of its Article 6 Connect project, which aims to help South Africa and Ethiopia participate in international carbon markets under the Paris Agreement. The project, implemented on behalf of Germany’s Federal Ministry for Economic Cooperation and Development, focuses on capacity building around Article 6, including support for regulations, processes, instruments, and platforms needed for participation in international carbon markets. The advisor will support coordination with South Africa’s Department of Forestry, Fisheries and the Environment, help organise technical meetings and workshops, prepare reporting and communication materials, and assist with tender packages and consultant coordination. Applications close July 3, with the role running until July 31, 2027.

The UK’s seventh carbon budget and its net zero ambitions are under threat from a car industry “stuck in the past” that needs to “wake up and smell the coffee”, a leading academic and former government adviser warned Monday.

The forthcoming integration of domestic carbon removals (CDR) into the UK's Emissions Trading Scheme (ETS) is a way of incentivising investment in the market and "future-proofing the ETS", regardless of fluctuations in political appetite on net zero over time, a UK government official said at London Climate Action Week.

The Gambia’s national biodiversity plan has explored payments for ecosystem services (PES) and carbon credits as innovative tools for raising financing for conservation.

Big African biochar - Africa's first industrial-scale biochar project has opened in Cote d'Ivoire, using cashew waste, the news outlet Ecofin Agency reported. The Attinguie facility, developed by Singapore-based Valency International and Revata Carbon, uses cashew nut shells as feedstock, which could boost revenues for the countries cashew industry as biochar demand grows – and an opportunity to generate carbon credits. The facility has a stated capacity to process 20,000 tonnes of cashew shells a year, and produce around 6,000 tonnes of biochar. The operators are reportedly planning to expand this capacity to 100,000 tonnes of annual biochar production by 2029.

Gold Standard has published updated climate responsibility guidance that gives companies more detailed recommendations on indirect abatement, ongoing emissions responsibility, and credible climate claims.

Security requirements in long-term nature-based (NbS) carbon removal offtake agreements could increase developers’ financing needs and push up credit prices, particularly for early-stage projects in the Global South, a new report has warned.

Green steelmakers have urged the European Union to resist calls for freezing the bloc’s Emissions Trading System (ETS), warning that weakening the carbon market would undermine investment in low-carbon steelmaking.

Private investment in nature increased from $2.8 billion in 2016 to over $14 bln in 2025, reflecting growing momentum in a market that includes environmental credit-linked deals, a report said on Monday.

Fuel aid – The European Commission has approved two schemes, one for €212 mln in France and another amounting to €15 mln in Ireland, to support agricultural and aquaculture companies facing increased fuel prices due to the Middle East crisis. The French aid will cover additional costs resulting from the war for non-road diesel fuel purchased during the four-month period running from May to Aug. 2026. It will take the form of direct grants based on the volume of fuel purchased, with firms able to receive €0.15 per litre. The Irish initiative is meant to cover the additional fuel costs incurred during the five-month period from Mar. to July 2026, also in the form of direct grants. For owners of vessels under six meters in length, the aid will be a flat rate of €350, while for owners of vessels of six metres or greater, support will be calculated based on receipted expenditure up to a maximum of €0.40 per litre of fuel. The Commission approved both schemes under the Middle East Crisis Temporary State Aid Framework (read more).

A German multi-service group has entered a technology partnership to support a Munich-based direct air capture (DAC) company’s first larger demonstration plant in Germany, with the cooperation due to begin in 2027.

Tanzania has filed its Initial Report under Article 6 of the Paris Agreement, a step that will enable the country to take part in international carbon markets and set the stage for CORSIA‑eligible credits from clean cooking projects, a cookstove developer announced on Monday.

A Mozambique mangrove restoration project covering 155,000 hectares across 750 km of coastline has been validated under Verra’s VM0033 blue carbon methodology, becoming the largest such project in Africa to meet the standard, its developer said Monday.

European carbon allowance prices jumped by more than €1 late in the session as aggressive options hedging drove prices to their highest in more than four months, after the strongest auction result in two weeks signalled the completion of the first of two fund-raising efforts to smooth the EU's transition away from Russian fossil fuels, while UKAs slumped on news that the long-anticipated EU-UK summit to discuss market linking would be postponed after the resignation of the British prime minister.

If governments are willing to suspend tax rules to host a football tournament, they should consider doing the same for verified carbon and recycling credits to unlock the private capital needed for climate action.

Huge volumes of low-emission hydrogen projects are under threat of being mothballed without policy backing, warns the International Energy Agency (IEA).

Buyer group Frontier has approved an enhanced rock weathering (ERW) methodology developed by a Helsinki-based carbon crediting platform for suppliers selling carbon removal credits.

Green finance vs red tape – The EU’s efforts to channel private capital into climate action risk stalling unless Brussels better aligns its sprawling sustainable finance rulebook with actual market practice, a new Bruegel policy brief warns. The paper finds the EU’s “double materiality” model and taxonomy-centric approach have left Europe out of step with investor-led standards developed by the International Sustainability Standards Board (ISSB) and the International Capital Markets Association (ICMA), which dominate global green bond markets. Even the EU’s own €80-billion-plus NextGenerationEU green bond programme relies on ICMA principles rather than the bloc’s new European Green Bond Standard, underscoring market scepticism about Brussels’ more prescriptive rulebook, the brief warns, calling for a more market-driven, globally compatible framework.

A new analysis by Rystad Energy has found no evidence that the European Union’s methane rules are contributing to current oil and gas price increases or supply pressures, attributing market volatility instead to geopolitical disruptions.

Carbon credit registry and certification body Isometric closed a $40 million Series A to expand its artificial intelligence (AI) certification platform across the $350 billion industrial certification market, according to a company statement.

More than 100 companies, including multinationals such as Ikea, Unilever, Siemens, and EDF, issued a statement on Monday urging governments to put electrification at the heart of economic and industrial policy, warning that continued reliance on fossil fuels is driving volatility and higher costs.

Extending the EU’s carbon market to cover all flights departing the European Economic Area (EEA) would have only a marginal impact on airfares and passenger demand, while generating billions of euros annually for climate action, according to a new study commissioned by Carbon Market Watch (CMW).