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- Tue 00:47Latin America took a firm step towards becoming a key Article 6 player after Brazil unveiled last week long-awaited rules for Internationally Transferred Mitigation Outcomes (ITMOs), further building infrastructure despite the Kyoto-era Clean Development Mechanism (CDM) transition flop.
- Mon 23:19Multilateral development banks (MDBs) provided $163 billion in climate finance in 2025, driven primarily by mitigation efforts in the energy sector, while remaining on track to meet collective 2030 financing targets despite political complexities.
- Mon 16:29Benchmark ICE CORSIA Phase 1 futures rebounded above $10 per tonne last week as sources noted the slump down from nearly $20/t since the end of last year may not be as bad as some fear.
- Mon 16:01The European Commission’s executive vice president, Teresa Ribera, on Monday urged governments to clinch a “meaningful agreement” on the IMO’s net zero emissions framework for shipping at a key committee meeting in December, calling on China in particular to move from declarations to delivery on climate action at sea.
- Singapore is building an integrated carbon market ecosystem that fills financing, innovation, and demand gaps, positioning itself as Asia's hub for scaling high-integrity carbon projects and Article 6 markets.
- Mon 15:10The UK and EU should establish formal joint governance over future emissions trading reforms to prevent regulatory divergence and preserve industrial competitiveness as the two sides negotiate linking their carbon markets, according to a new report.
- Mon 13:0135x35 target – Sourcing 35% of the world’s final energy from electrification would be the “surest and cleanest way” to protect people from high energy prices, COP31 president-designate Murat Kurum recently told Carbon Brief. The incoming COP31 Turkish presidency in June unveiled a proposed electrification target – of 35% by 2035 – as a flagship part of its planned Action Agenda. Scaling electrification in sectors including construction and transport will be key to meeting the 35x35 target, as will rich countries committing funds to support poorer ones, he told the media organisation.
- Mon 12:26Ukrainian politicians have introduced a bill to create a national emissions trading system (ETS) from 2028, in a step that would further integrate the country with the EU, and help to offset the costs of the bloc's border carbon fee.
- Mon 12:20In a first for South Korea, a leading financial group has established a pilot blind fund dedicated to international offset projects that support the country's climate targets.
- Mon 10:58The UK government has published the technical rules that importers will use to calculate the embedded emissions of goods covered by the country's Carbon Border Adjustment Mechanism (CBAM), providing greater clarity on how carbon-intensive imports will be assessed when the scheme takes effect.
- Mon 10:32A London‑based financial services platform has taken a “bold” long‑term position on aviation compliance credits, with senior executives saying the firm is structurally long on CORSIA‑eligible units and is leaving most of its exposure to future prices unhedged.
- Mon 10:26An Icelandic carbon crediting standard has launched a public consultation on proposed revisions to rules governing project development, methodologies, validation, and verification across its programme.
- Mon 08:51Japan is seeking to address the vintage issue and lasting supply bottleneck under the Tokyo-led Joint Crediting Mechanism (JCM) in the coming years, amid growing concerns over the trajectory of the bilateral crediting programme beyond 2030.
