A crowdfunding campaign has been launched in Spain to finance the expansion of soil carbon projects, aiming to bridge a financing gap between the adoption of regenerative farming and the issuance of carbon credits.

Total UK-based engineered carbon removal credit supply could reach up to 852 million by 2050 under a high-growth scenario, according to modelling commissioned by the British government.

Middle Eastern and North African (MENA) countries last month offered carrots, sticks, and capacity support to accelerate domestic and regional carbon market development.

Voluntary giving by companies to environmental outcomes outside of formalised markets is starting to pick up this year after a few years of lacklustre growth, with more willingness to go public on action, and for reasons of talent acquisition and business value, according to experts in the field.

Asia‑Pacific’s carbon removal (CDR) market is projected to reach $911.43 million by 2035, up from $160 million in 2025, growing at a 19% annual rate from 2026 driven by demand from heavy industry, power, and transport under tightening carbon pricing rules and net zero targets.

A carbon ratings agency on Friday partnered with a Japanese developer to launch an initiative to improve transparency around the quality of forest carbon credits.

A Zurich-headquartered carbon credit insurer has received Verra approval for its reversal insurance under the standard's durability pilot initiative.

Brazil's National Bank for Social and Economic Development (BNDES) launched a public call on Thursday to attract large companies interested in buying carbon credits from reforestation in the Amazon Rainforest.

Tanzania JCM – Tanzania has signed an MoU with two Japanese companies to explore carbon trading opportunities under Japan’s Joint Crediting Mechanism (JCM), the government announced last week. The agreement, signed by the National Carbon Monitoring Centre (NCMC) and the companies, aims to increase private-sector participation in clean energy, carbon trading, and waste management as part of Tanzania’s Vision 2050, with officials saying the partnership could support environmental protection, business development, and government revenue.

A Bengaluru-based carbon registry and standard startup is looking to claw market share from established voluntary carbon standards by eliminating upfront costs for developers and targeting under-capitalised projects across the Global South.

Brazil has approved nearly all of its eligible Clean Development Mechanism (CDM) activities to transition to Paris-era carbon crediting, far more than any other country, as around 25% of all potential projects that could have moved to the new system secured government approval in time.

The first carbon credits approved for issuance under the Paris Agreement Crediting Mechanism (PACM) show that the UN's new system is improving the quality of legacy Clean Development Mechanism (CDM) projects through more conservative carbon accounting, but significant project-level risks remain, according to a new analysis.

Rainbow has finalised a methodology for biogenic carbon capture and storage (bioCCS) that directly incorporates requirements from the EU’s Carbon Removals and Carbon Farming (CRCF) regulation, marking one of the first voluntary carbon market methodologies explicitly designed around the bloc's emerging carbon removal certification framework.

The global boom in data centres is driving an increase in renewable energy across Asia-Pacific as governments in the region take varying approaches, including carbon markets, to ensure the build-out does not lead to higher emissions, among other environmental considerations.

A US-based media company has signed an agreement to begin tracking and offsetting production emissions in 2027 at a rate of $20 per credit.

US-based voluntary carbon standard Climate Action Reserve (CAR) finalised its revised permanence approach for long-term carbon storage on Tuesday.

Partnering for change - FSD Africa, FSD Africa Investments (FSDAi), and Germany's development agency GIZ have signed a three-year partnership to help channel more investment into Africa's real economy, the institutions announced on Wednesday. The collaboration will focus on developing investment opportunities, mobilising capital, and strengthening financial markets supporting climate, nature, carbon markets, and financial inclusion across the continent.

Isometric has issued nearly 22,000 reforestation carbon credits to an Amazonian project from a Sao Paulo-based developer, the first such credits for both companies, they announced on Wednesday.

A major African nature-based carbon project will lose backing from its lead fund after failing to secure validation and generate credits since its 2022 launch, the investor said Wednesday.

The revised corporate net zero standard from the Science Based Targets initiative (SBTi) could substantially increase demand for voluntary carbon credits over the coming decade, though actual growth is likely to depend on whether companies raise internal carbon prices and voluntarily increase credit purchases ahead of 2035, according to new analysis.

Airlines need to set more stringent near-term emissions reduction pathways and provide greater transparency on their transition plans under the voluntary Science Based Targets initiative (SBTi) in order to close the sector's emissions gap, according to an academic report.

Carbon pricing could play a central role in reducing rapidly rising transport emissions across Central Asia while creating new revenue streams to fund low-carbon infrastructure, according to a new report from the Asian Development Bank (ADB).

A Berlin-based nature-based solutions platform has launched a request for information (RFI) to source up to 520,000 high-quality nature-based carbon removal credits on behalf of an unnamed German enterprise, underscoring continued corporate demand for long-term, high-integrity removals despite broader weakness in voluntary carbon markets.

Uzbekistan has laid the groundwork for Article 6 carbon market participation, but still needs clearer rules on authorisation, corresponding adjustments, registry operations, and monitoring, reporting, and verification (MRV) before it can scale credible international carbon trades, according to a report.

Odisha can emerge as an early mover in farm carbon markets in India if backed by favourable policies to generate tradable credits while reducing greenhouse gas emissions, a report said, citing the state’s extensive paddy cultivation and the potential of climate‑smart practices.

A UK forest carbon crediting standard has made clarifications and slight amendments to Version 3 of the standard, including on transition periods and project governance.

Paris has approved a new methodology for emissions reduction linked to the hydraulic restoration of degraded peatlands in mainland France under the country's low-carbon label scheme.

Technical experts overseeing the Paris Agreement Crediting Mechanism (PACM) have recommended two draft methodologies for approval by the scheme's Supervisory Body, while opening fresh consultations on key implementation tools.

Carbon credits have the potential to become a large source of finance for climate adaptation in emerging economies by attracting private investment into nature-based solutions such as mangrove restoration, wetlands rehabilitation, and agroforestry, according to a new academic study.

Biochar drive - The Indian state of Himachal Pradesh projected 28,800 carbon credits over ten years from two biochar plants in the Himalayan state, according to the government. The plants set up under a pact with a university, the Forest Department, and developer ProClime Services buy biomass at INR 2.50 ($0.03) per kg with quality incentives, producing biochar from pine needles, lantana, bamboo, and other plant matter. The initiative spans 50,000 ha, manages 13.5 mt of CO2, and supports soil health, biodiversity, and farm resilience, the press release said.

Colombia, a major player in voluntary and international environmental markets, is nearing the end of a presidential term that dealt the sector a major blow – but while the incoming president has raised hopes of a revival, questions remain over implementation.

A planned $6 million buyout of a portfolio of offset projects has collapsed after the purchaser opted not to make the required closing payment by the contractual deadline, leaving the original agreement in place and setting the stage for potential legal action, according to a company announcement late Tuesday.

Stakeholder support – A package of support letters from local governments and First Nations groups were submitted to Manitoba late last year to support carbon capture company Deep Sky's proposed DAC facility in the province, the Narwhal reported. With local governments and First Nations in support of the project, alongside the recent financial support indicated by the company being issued North America’s first certified carbon removal credits under long-term offtake agreements, Deep Sky is seeking government backing and the ability to integrate with Manitoba’s provincial energy grid to take the project to the next phase.

Carbon credits call – In Brazil, Mato Grosso do Sul expects to select a private partner by September to structure, certify, and sell carbon credits generated by the state, according to the State Secretary for Environment, Development, Science, Technology, and Innovation Artur Falcette. The timeline was announced on Tuesday during official appointments at the Mato Grosso do Sul Environment Institute (Imasul), Campo Grande News reported. The public call for partners was recently published.

The Carbon to Value Initiative (C2V Initiative) has opened applications for the sixth cohort of its ‘carbontech’ accelerator, seeking startups developing carbon capture, utilisation, and removal technologies as well as AI-enabled tools designed to accelerate commercial deployment.

A planned clean energy project in Louisiana will not proceed after failing to meet internal financial return criteria, its developer announced Tuesday.

An Oregon-based climate finance advisory firm has partnered with a Hawaiian nature restoration developer to support global reforestation projects, the companies announced on Tuesday.

A Dutch direct ocean carbon capture (DOC) developer has filed for bankruptcy after failing to secure the funding needed to continue operations, despite having demonstrated its technology, secured public grants, and attracted investor interest.

A Saudi state-backed company working to build out the voluntary carbon market domestically and internationally will add homegrown carbon credits to its platform before the year is out, it announced on Tuesday.

Gabon carbon credits - Gabon’s Council of Ministers approved a decree last week formally setting up the Gabonese Agency for the Development of the Green Economy (AGADEV), a new public body tasked with supporting the country’s green economy and monetising carbon and biodiversity credits. The agency will also work on valuing other natural capital assets, developing a green economy centre of excellence, and mobilising green finance for the Central African nation.

Latin America is creating opportunities for carbon project developers to generate credits, access finance, and commercialise issuances, developing national carbon markets, Carbon Pulse reported last week – although Global North funds retain their key role in the market, for now.

Verra has concluded the safeguards component of its quality control review (QCR) of the Kariba REDD+ carbon project, with independent auditors finding no evidence that the project breached the standard's rules during the period covered by their original assessments.

Land removals - The Greenhouse Gas (GHG) Protocol has released the Land Sector and Removals (LSR) Guidance, providing companies with detail on how to account for and report GHG emissions and carbon removals from agricultural land use and emerging removal technologies. The LSR Guidance supports corporate implementation of the LSR Standard, which outlines the accounting and reporting requirements, recommendations, and features 10 corporate case studies, from companies including Mars, PepsiCo, and General Mills. Both the LSR Standard and Guidance take effect on Jan. 1, 2027. As well, the GHG Protocol is launching a Request for Information on the topic of forest carbon accounting, open until Feb. 1, 2027.    

Insurance company QBE and seven businesses from its supply chain are partnering for a collective commitment of 50 years to fund rewilding and carbon credit generation in the United Kingdom, they announced on Tuesday.

Amazon will buy 1.95 million carbon removal credits from a large-scale ecosystem restoration project in South Africa, Bloomberg reported on Tuesday, as part of a an initiative that has also secured innovative financing through a $120 mln World Bank outcome bond.

Researchers from a carbon removal (CDR) initiative backed by around €33 million from the German government are advancing work into scaling up engineered and land-based removals, the programme has announced.

A Benin-based improved cookstove project has secured €9 million from a new carbon investment platform backed by European development finance institutions, its developer announced Tuesday.

Racing to reduce - The Mercedes-AMG Petronas FT team has reduced its race team control emissions by 54% with sustainable aviation fuel certificates (SAFc) since 2022, according to its 2025 sustainability report. Some 30,688 tonnes of CO2e aviation emissions were reduced through use of SAFc between 2025 and 2022, with 11,504 tCO2e saved last year alone. The report also details its first climate transition action plan, outlining a path to full net zero across all scopes by 2040. On carbon removals, the team's committed to around 18,900 tCO2e across nature-based, hybrid, and engineered pathways, to be delivered from 2024-30, and in 2025, it launched the Blue Carbon Collective to fund mangrove conservation and restoration in Malaysia. Investments in new materials, efficiencies, and renewables allowed the team to last year achieve a 28% decrease in race team control emissions and a 15% reduction in overall emissions compared to 2024, said the press release.

Enhanced rock weathering (ERW) increased aboveground carbon storage in young native broadleaf woodland plots by up to 27% over four years, while soil microbiome enrichment delivered a smaller and less consistent early growth boost, a major UK study has found.

Moving fast - The Carbon Accelerator Programme for the Environment (CAPE) has opened applications for its second cohort, seeking high-integrity, nature-based carbon projects across Africa. Launched in 2024 by Finance Earth and the African Natural Capital Alliance, the programme supports landscape-scale projects where carbon revenue is the primary investment driver, while delivering biodiversity, community and ecosystem benefits. The initiative aims to improve project investment readiness and strengthen financing channels for nature-positive investments. Cohort 1 includes projects in Kenya, Zambia, Tanzania, Nigeria, and Ethiopia. Stage 0 applications for the second cohort close on July 17, 2026, with submissions reviewed on a rolling basis.

A Vilnius-based soil carbon firm has secured a €120 million senior secured credit facility to expand transition financing for European small and medium-sized agricultural businesses, it announced Tuesday.

The Malaysia Forest Fund (MFF), a federal government agency, has called for partners to pilot two new methodologies under its Forest Carbon Offset (FCO) Programme, with a focus on urban forestry and agroforestry, it announced. 

AI and Oil – California oil company California Resources Corporation (CRC) wants to build a 100-acre AI data centre in the Elk Hills oil field, 2 hours from Los Angeles. The company says the move to construct controversial data centre’s in already heavily industrialised areas will reduce the usual public backlash over land, water, and electricity demand AI data centre’s require. This announcement comes after CRC recently announced it had already begun successfully injecting carbon back into its own depleted oil reservoirs, signalling that a major oil company is moving away from oil extraction and investing in carbon storage and AI infrastructure. The project marks the launch of California’s first operational carbon capture and storage facility. The Carbon Terra Vault I (CTV I) project is also located at the Elk Hills field in Kern County and has an annual storage capacity of 1.46 mln tonnes of CO2 with total storage reaching a potential 38 mln tonnes. These developments in CRC’s business strategy raise questions about whether building AI infrastructure in heavily industrialised areas will deter decarbonisation efforts, or promote further development for energy purposes.

CORSIA futures slipped marginally lower last week, with the benchmark now at a little above $9/tonne, while hundreds of carbon projects registered under the Kyoto Protocol’s Clean Development Mechanism (CDM) look set to miss a Tuesday deadline to enable their transition to the new Paris Agreement Crediting Mechanism (PACM).  

A Montreal-headquartered developer has been issued North America's first certified direct air capture (DAC) carbon removal (CDR) credits, setting up the first delivery under long-term purchase agreements extending through 2034.

International marine science experts are drawing up a global framework to assess ocean-based climate interventions, such as marine carbon removal (mCDR), with the work due to be completed by mid-2027.

Growing seaweed across vast areas of the ocean could help draw down more CO2, but the carbon removal gains would be limited compared with the amount of biomass produced and could come with major risks for marine ecosystems, a peer-reviewed study has found.

A microscopy-based method could help assess whether biochar material has been sufficiently carbonised for long-term storage, a new study has found.

ERW supply - Mati Carbon has received its first credits, a total of 717 CORCs, under the Puro Standard's enhanced rock weathering (ERW) methodology for a project in Chhattisgarh, India. The issuance credits the company's use of basalt-based enhanced rock weathering on smallholder rice paddy farms, where crushed basalt is applied to soils to accelerate natural carbon sequestration.

As the European Commission prepares legislation to bring carbon removals into the EU Emissions Trading System (ETS), experts warn that choices over CO2 accounting risk giving policymakers a serious headache in Brussels.

Engineering contract - Swedish engineering consultancy AFRY has been awarded a detailed engineering assignment by Kanadevia Inova for the UK’s first full-scale carbon capture facility in the waste-to-energy sector, the company announced last week. The project, being developed by Encyclis at its Protos energy-from-waste facility in Cheshire, forms part of the HyNet North West decarbonisation cluster. AFRY will deliver engineering services for steel structures and piping systems to integrate the carbon capture plant with the existing energy recovery facility, including mechanical and piping detail engineering, structural calculations, support systems, and technical documentation.

A Brazilian state-controlled lender will support a newly launched Amazon REDD+ carbon credit initiative targeting 5 million hectares under management, annual production of 7.5 mln credits, and around $50 mln in net yearly revenue by 2030.

Wastewater biochar - Edinburgh-based Carbogenics will launch a project in July to test whether wastewater screening waste can be converted into its patent-pending FilaChar carbon material and used to remove pharmaceutical contaminants from wastewater, it announced last week. The IBioIC-backed project will be carried out with Scottish Water and the University of the Highlands and Islands’ Environmental Research Institute, and will assess whether wastewater-derived carbon materials can offer a more circular approach to tackling emerging contaminants such as pharmaceuticals, PFAS, hormones, pesticides, and microplastics.

Tanzania has rejected opposition claims that international carbon trading agreements amount to the sale or transfer of control over the country's natural resources, insisting that its carbon market framework is designed to protect national sovereignty while generating new revenue.

Conservation finance risks creating a "monoculture" by relying too heavily on carbon markets, a prominent Singaporean conservation scientist has warned.

Potential in turf - Japanese biochar developer Towing has teamed up with domestic partners to jointly develop environmentally friendly turf and create carbon credits under the J-Credit programme, it announced Monday. While the J-Credit methodology (AG004) has strict restrictions on the farmland on which it can be cultivated, there are no restrictions on the crops. Turf, as a greening material, may meet these requirements, Towing argued. The demonstration will begin this year, and the companies will consider pursuing the creation of carbon credits next year.

An investigation into cookstove projects in India's Karnataka state has found that some rural households rarely used the stoves they received, were unaware they were participating in carbon credit schemes, and did not receive any share of the revenues.

Farm‑level greenhouse gas accounting methods remain fragmented and require urgent harmonisation efforts, with estimates for the same farm varying by more than 1,000%, a study said.

New target - Indonesia's state-owned mining company MIND ID aims to cut greenhouse gas emissions by 15.5%, or around 2 MtCO2e, by 2030 despite expecting its energy demand to almost double as the government expands mineral downstream processing, Antara reported. MIND ID plans to curb emissions by increasing biodiesel use, switching from diesel to LNG, expanding renewable energy, and participating in carbon markets. It added that lower-carbon production would help improve the global competitiveness of Indonesian mineral exports.

BECCS begins – BioCirc has opened what it said is the world's largest biogas-based CCS plant at its Vesthimmerland facility in Denmark, marking the first project in the company's planned rollout of BECCS, according to Carbon Capture Journal. The company said it plans to install CCS at five of its eight biogas plants, with the facilities intended to capture and permanently store CO2 from biogas production while generating carbon credits. BioCirc added its approach could support sectors such as agriculture, shipping and heavy land transport.

Next steps – Swiss carbon finance company South Pole is in discussions with state-owned utility firm PLN Indonesia Power over a possible extension to a carbon trading agreement, the power company said on LinkedIn late last week. The talks could see an extension of PLN’s Emission Reduction Purchase Agreement with South Pole for its Gunung Salak Geothermal Power Plant. The duo are also looking at other ways to expand carbon crediting across PLN’s power portfolio, according to the LinkedIn post.