Voluntary carbon methodologies for orphan well methane leaks are conservative enough to avoid over-crediting, but timing, or estimating when the plugged well would have emitted methane, remains a weak point, a paper has argued.

An intergovernmental organisation dedicated to private and commercial law is launching a 10-week public consultation on draft principles that would provide legislative guidance regarding verified carbon credits (VCCs), it announced on Monday.

Carbon removal (CDR) buyers’ club Frontier said suppliers in its portfolio delivered about 30,600 tonnes of CO2 to its members in the first half of 2026, surpassing the total delivered through the initiative in all of 2025 and putting its portfolio on track to pass 50,000 tonnes this year.

A Kenyan Court of Appeal has given new life to a legal dispute over Kenya Electricity Generating Company's tender for international carbon credits, ruling that it should not have changed the rules of procurement mid-process. 

A financial services provider has partnered with National Parks Partnerships (NPP) and the South Downs National Park to finance one of the UK's largest woodland creation projects through carbon markets, in a move designed to accelerate nature restoration while generating credits.

Benchmark 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.

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.

The Democratic Republic of the Congo's (DRC) environment minister has pledged to maintain the country's 23-year-old moratorium on new industrial logging concessions, marking a significant reversal after weeks of concern that the government was preparing to reopen vast areas of the Congo Basin to commercial timber operations.

CoolRice launch - Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF), the International Rice Research Institute (IRRI), and Japanese research partners have launched CoolRice, a one-year initiative to advance heat-tolerant rice breeding and low-emission cultivation practices across Asia. The project aims to strengthen the scientific and technical foundations for climate-resilient rice production by combining crop breeding, climate analytics, agronomy, and greenhouse gas mitigation research, with partners agreeing a roadmap for future collaboration during a workshop held at IRRI headquarters in the Philippines.

Cookstove consultations – Burn Manufacturing's carbon project arm, ECOA Climate Capital, has invited stakeholders to consultations in Mozambique later this month and early August for planned project activities under its Gold Standard electric cooking programme. Meetings will be held in Maputo, Nampula, and Beira, with online participation also available.

Verra has opened a consultation on a major revision to its methodology for projects that use captured waste CO2 in concrete production.

A North American forestry standards organisation and a US-based non-profit have partnered on a pilot forest analytics tool for carbon reporting, wildfire mitigation, and resilience planning across timber sourcing areas, the two announced.

Seed round - Swiss carbon removal developer Arrhenius has closed a seed funding round to scale its microalgae-based CO2 removal and biomass storage technology, it announced last week on LinkedIn. The undisclosed funding will support construction of a 500-square-metre pilot plant combining carbon removal with wastewater treatment, as well as preparations for the company’s first commercial facility abroad. Investors included CTA, Young Ventures, and angel investors Thomas Krumbeck and Ralf Wildenhues. The pilot will test the technology under real-world conditions ahead of commercial deployment.

A multi-company partnership for sustainability and a London-based bank have jointly launched a programme to coach high-potential initiatives in the nature-based solutions (NbS) space across the Middle East, North Africa, and Turkiye (MENAT), and Southeast Asia.

A 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.

An Icelandic carbon crediting standard has launched a public consultation on proposed revisions to rules governing project development, methodologies, validation, and verification across its programme.

ETS cap plea - Brussels-based industry association Ammonia Europe on Thursday called for the EU to slow the reduction of the EU ETS cap and phase out free allowances more gradually to protect European ammonia production. In its position on the upcoming ETS review, the group also proposed a crisis mechanism to release additional EUAs during sharp price spikes, greater use of ETS revenues for industrial decarbonisation, and stronger support for CCS and CCU. It further backed extending the maritime ETS to vessels of 400-5,000 gross tonnes and directing shipping-related ETS revenues towards alternative fuel infrastructure and projects.