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.

Climate litigation this month focused heavily on the rules and approvals that shape fossil fuel growth, as claimants challenged gas projects, clean air waivers, liability shields, carbon offsetting, and corporate transition claims, and new research found a persistent accountability gap for the companies most closely tied to historical emissions.

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.

The deadline has passed for countries hosting Kyoto-era Clean Development Mechanism (CDM) projects to approve transition to the Paris Agreement Crediting Mechanism (PACM), with just one-quarter of eligible activities making the cut – and Latin America leading the charge.

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.

Benchmark ICE CORSIA futures bounced back towards $10/t last week, climbing from two-year lows, as the European Commission's assessment of the international aviation offsetting scheme that will affect the participation of EU carriers inches closer.

The International Civil Aviation Organization (ICAO) is warning against fragmenting carbon regulation for the global aviation industry ahead of the EU assessment of CORSIA due for publication this month.

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.

Ghana needs to treat carbon markets as a tool for national development, and position itself as a regional hub for credible carbon credits that attract credible international investment, technology, and partnerships, parliamentarians said during a debate on the country's carbon market framework.

Fresh connection – The Climate Action Data Trust (CAD Trust), which links and aggregates carbon credit data from registries worldwide, has added Node-as-a-Service, the cloud-based infrastructure model that allows developers and businesses to connect to and interact with blockchains without having to build or maintain their own hardware as a default connection, it announced on social media. The Node-as-a-Service will be the default connection model as the CAD Trust transitions to Data Model v2.0. The CAD Trust was founded by the World Bank, the International Emissions Trading Association (IETA), and the Government of Singapore.

Carbon credit co‑labels have emerged as a “trust currency” in the voluntary carbon market (VCM), with market participants noting that they are shaping pricing tiers, buyer behaviour, and project design standards.

A German direct air capture (DAC) startup has launched the country’s largest DAC plant, with capacity to remove 150 tonnes of CO2 a year, it announced last week.

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.