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- Fri 19:51A digital soil mapping (DSM) approach using machine learning and remote sensing could provide a scalable, lower-cost alternative to existing soil carbon monitoring, reporting, and verification (MRV) methods, with uncertainty deductions for carbon credit issuance falling below 5% for large, long-term projects, according to a new study.
- According to an update from the UNEP Copenhagen Climate Centre, a total 65%, or 129 of 198 countries, have now taken steps towards Paris Agreement Crediting Mechanism (PACM) participation by appointing their Designated National Authorities (DNAs).
- Fri 11:47Countries that allow carbon-taxed entities to offset their liabilities with UN Clean Development Mechanism (CDM) credits could absorb some of these phased-out units, even repurposing them to address Paris climate targets or for use against the EU’s Carbon Border Adjustment Mechanism (CBAM).
- Fri 11:10Methane proposal - The Climate and Clean Air Coalition (CCAC) has opened a call for proposals for a $700,000 project aimed at cutting methane emissions from Indonesia’s waste sector and advancing circular economy solutions, according to a LinkedIn post. The initiative will support the environment ministry in improving organic waste management, landfill operations, and methane capture, while strengthening emissions monitoring. The project is expected to pilot solutions in three to five cities across Bali and Jakarta, with applications from eligible non-profit organisations closing on Aug. 14.
- Fri 10:52South Korea, the world’s third‑largest steel exporter, faces several bottlenecks in its industrial transition, with a new report warning that its weak green steel standards could leave the sector exposed to risks from global trade rules such as the EU’s Carbon Border Adjustment Mechanism (CBAM).
- Fri 09:09A group of 12 oil and gas majors has Tuesday published the methodology it will use to report members’ aggregated performance against their collective 2025 carbon and methane intensity ambitions, with the results due in October.
- Fri 08:45Transition credits continue to be seen as a risky proposition in Asian countries despite existing methodologies, due to a confluence of factors including government priorities, perceived risks, and a tangled web of policy structures.
- Fri 08:35Australian first - Victoria's State Electricity Commission (SEC) has announced it will build a 20 MW closed-loop compressed CO2 battery, describing it as the first battery of its kind to be deployed in Australia. The state government said the technology will be able to hold three times the electricity of a large-scale lithium-ion battery, delivered by Energy Dome. The investment is part of Labor’s Victorian Energy Jobs Plan, which is delivering more than A$18 bln ($12.5 bln) in wages to regional Victorian workers by 2040, according to the government.
- Fri 08:18In a market flooded with diverse transaction methods, from digital marketplaces and RFP platforms to brokers and exchanges, old-fashioned relationship-building is still the most common way to close a deal, according to a report.
- Fri 08:04Launched - Indonesia has officially launched its new Carbon Unit Registry System (SRUK). The environment ministry said 49 mitigation projects spanning the energy, waste, forestry, and agriculture sectors are in the pipeline under Indonesia’s domestic SPEI certification scheme, with estimated emissions reduction potential of 5.85 MtCO2e annually. The registry was built using Climate Data Steering Committee data-model standards and is designed to connect with IDXCarbon and international registry systems.
- Fri 07:08Hundreds of carbon projects left outside the Paris Agreement’s new crediting mechanism face an uncertain future, with developers weighing a patchwork of options ranging from voluntary markets and domestic compliance schemes to simply shutting down ageing programmes.
- Fri 06:41Prices in China’s emissions market climbed to the RMB 85 ($12.51) level this past week with robust trading activity, while CCER prices fluctuated significantly amid the limited credit issuance.
- Fri 05:26CBAM cost aid - The Indian government is considering extending its export promotion mission to reimburse micro and small steel exporters for third‑party verification costs under the EU’s Carbon Border Adjustment Mechanism (CBAM), Moneycontrol reported, citing sources. The proposal would bring CBAM certification and verification expenses under the mission's trade regulations, accreditation, and compliance enablement intervention, the report added.
- Fri 01:38While Japan and Singapore are currently leading the procurement of CORSIA-eligible credits, demand signals across the broader Asia-Pacific region remain relatively weak, according to a conference panel on Thursday.
- Fri 01:02Carbon removal (CDR) buyers apart from Microsoft committed to a record-high volume of quarterly purchases, according to analysis published by a CDR portfolio manager on Thursday.
