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.

Spanish biomethane FID – Copenhagen Infrastructure Partners has taken a final investment decision (FID) on a large-scale biogas plant in Spain that it expects will become the country's largest biomethane production facility, it announced on Tuesday. The Cobirgy project in Catalonia is expected to produce more than 230 GWh of biomethane annually, and process up to 500,000 tonnes of feedstock each year. Construction is due to start in the second half of 2026, with operations expected by the end of 2028. The project is backed by the Catalan government through Strategic Business Project status and a capital grant.

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.

The European Commission confirmed on Wednesday that its proposal to revise the EU Emissions Trading System (EU ETS) will be presented on July 17 instead of July 15 as initially planned.

European carbon allowances traded in a tight range, weakening to test a key technical support and failing to react to news that the presentation of the EU ETS reform package will be delayed by two days.

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.

Europe's biomethane industry has crossed 8 billion cubic metres (bcm) of annual production capacity for the first time, with planned investments rising to €36 billion, a move the industry says is increasingly underpinned by the EU's carbon price signal.

The UK will seek to find £2 billion of savings from energy projects to help fund its newly announced £15 bln Defence Investment Plan, government estimates indicate.

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.

Med climate plan – The Forty-three countries in the Union for the Mediterranean (UfM) have launched work on the region’s first Climate Action Plan, aiming to translate political pledges into coordinated measures across one of the world’s most climate‑vulnerable regions. Announced during the 3rd UfM Mediterranean Green Week running until July 3, the plan will be developed over 2026 to link national climate strategies with cross‑border projects, align climate finance and bolster resilience to faster‑than‑average warming, worsening droughts, sea‑level rise and wildfires. The initiative builds on a 2021 UfM ministerial declaration on enhanced climate ambition, adaptation and just transition.

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.

The UK government has allocated $47 million to support peatland recovery in England, as part of its broader efforts to restore 280,000 hectares by 2050.

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).

The German centre-right CDU/CSU wants to “significantly lower” the rate at which carbon allowances under the EU’s Emissions Trading System (ETS) are cut each year, introduce a limited amount of international carbon credits into the market, and resist extending the scheme to international flights departing the bloc, according to a preliminary draft position seen by Carbon Pulse.

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.

Renewable energy sources supplied a record 58% of Germany's electricity consumption in the first half of 2026, putting it on track towards its 2030 clean energy goals, according to a new report.

A final investment decision on the giant Aramis CO2 transport and storage hub in The Netherlands will be taken “at the end of next year” once the EU regulatory landscape becomes clearer, the Dutch gas infrastructure operator behind the project has said.

Renewables on the rise – The share of renewables in EU electricity generation rose to 45.5% in the first quarter of 2026, up from 42.7% a year earlier, the EU’s Eurostat agency reported on Wednesday. Wind power remained the dominant renewable technology, accounting for 44.9% of renewable electricity, followed by hydro at 28.0% and solar at 17.3%, with the remainder from combustible renewables, geothermal and other sources. Denmark, Portugal and Lithuania recorded the highest renewable shares in power generation, at 90.0%, 82.9% and 75.7% respectively, while Czechia, Malta and Slovakia posted the lowest shares, between 12.7% and 17.2%. Figures for 2025, published earlier this week, showed a slight decline compared to 2024 due to a collapse of hydropower generation.

Some 59% of citizens polled across major European countries support carbon pricing for industrial emitters, according to a public opinion survey published on Wednesday.

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.

A regenerative agriculture network has said it contributed to 96,000 tonnes of CO2e in emissions reductions and removals in 2025 across four European countries, nearly double that of the previous year.

Tunisia solar financed - The Multilateral Investment Guarantee Agency (MIGA) issued a €13.1 million guarantee to Aeolus, a renewable energy platform in Africa, for a 100-MW solar power plant in central Tunisia. The World Bank Group platform said the guarantee will support Aeolus’s investment in Scatec Khobna PV Power SARL to construct, own, and operate the plant in Mezzouna, Sidi Bouzid. The project comprises a photovoltaic plant and high-voltage transmission infrastructure, which includes 12 km of overhead transmission lines. Electricity generated from the projects will be sold to Tunisia's state utility, Societe Tunisienne de l’Electricite et du Gaz, under a 25-year power purchase agreement.

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.

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.