Public guidelines - Peru’s environment ministry unveiled a draft sectoral guidance document designed to help public agencies identify and assess projects with the strongest potential to participate in carbon markets. The proposal applies a common set of eight prioritisation criteria, including emissions reduction potential, alignment with national climate targets, sustainable development benefits, and cost-effectiveness, aiming to standardise project evaluation across government entities. The final document will be made publicly available later this month.

IETA has urged the European Commission to pursue a broad overhaul of the EU Emissions Trading System after 2030, arguing the bloc should integrate carbon removals, prepare to use international credits from 2031, reform the Market Stability Reserve (MSR), and prioritise linking the scheme with the UK carbon market.

Green shoots - Green Earth Group has published its Q2 2026 trading update, reporting  progress in its shift from project development to commercial delivery. During the first half of 2026, the company increased its sales order book to €41.5 mln, including €4.1 mln in prepaid contracted sales, which it said reflects growing commercial traction as it scales project execution.

World Cup offsets - Brazil’s men’s national football team is set to offset its residual World Cup emissions with carbon credits supplied by state-owned bank Caixa, under a partnership between the Brazilian Football Confederation and the von Bohlen Halbach Climate Institute, Brazilian news outlet Terra reported. The credits are linked to emissions reductions from the Rio Waste Treatment Plant in Seropedica, Rio de Janeiro, a project managed by Regenera Rio under Caixa’s UN-registered activities programme for solid waste and carbon capture.

Tribal forest RFP – The Confederated Tribes of Coos, Lower Umpqua and Siuslaw Indians (CTCLUSI) has opened a request for proposals for the second phase of an improved forest management carbon credit project on Tribal forestlands in Oregon, with responses due July 22. The selected contractor will assess feasibility, design the project and inventory, estimate carbon stocks and credit yields, and begin initial project development to prepare for potential carbon market transactions under Washington’s Cap-and-Invest Program. The work will cover seven parcels totalling around 14,742 acres across Lincoln, Lane, Douglas, Coos, and Curry counties, while incorporating Tribal management priorities and protections for sovereignty and cultural resources.

The government of Peru's recently announced pledge to improve Indigenous land recognition will only help people secure their territories in the Peruvian Amazon if this high-level statement drives official, long-lasting land demarcation, an Indigenous Kichwa leader told Carbon Pulse.

Blue carbon ambition – Trinidad and Tobago intends to explore blue carbon crediting according to a status report on its progress on implementing the goals of the Global Biodiversity Framework ahead of the UN’s upcoming biodiversity talks in Yerevan this October. The Caribbean country said it will look into establishing a blue carbon credit system in a bid to move away from project-dependent funding for conservation and restoration. The island nation would like revenue earned from blue carbon crediting to provide permanent nature financing, according to its 7th National Report submitted to the Convention on Biological Diversity on Sunday.

Singapore and Indonesia have signed a memorandum of understanding on carbon credits, agreeing to identify projects and work towards an implementation agreement under Article 6 of the Paris Agreement.

Demand for durable carbon removals (CDR) could outstrip annual supply more than five times by 2036, opening a roughly 50 million tonne shortfall as corporate needs struggle to be met by a market that has issued just 2 mln units to date, according to a new report.

Mongolia’s parliament has passed the country's inaugural law on climate change, creating a legal framework to curb emissions, build climate resilience, and advance the carbon market.

Indonesia’s flagship project on avoided deforestation re‑entered the global carbon market with the verification of 20 million credits, one of the project managers said.

Dual approval – Murilo Granemann, the leader of the Manoa REDD+ Project in the Brazilian Amazon said in a LinkedIn post Friday that the initiative had become the first in Latin America to be verified under both Verra's Climate, Community & Biodiversity (CCB) Standards and the Sustainable Development Verified Impact Standard (SD VISta). He added the project (VCS1571), has also achieved Forest Stewardship Council (FSC) certification for forest management.