- Thu 00:08
Three continents for one project – Karbon-X, a Canada-based climate solutions company, has been hired by a subsidiary of Dutch oil company Oilinvest to provide technical advisory services for the early development of a proposed nature-based carbon project in Libya’s Tripoli Wildlife Park. The Canadian company will help design the project’s carbon accounting framework, develop project documentation, assess methodologies, and establish MRV systems needed for international carbon standards certification. The proposed project aims to restore degraded landscapes through afforestation and ecosystem restoration, enhancing biodiversity and improving ecosystem resilience, all while hopefully generating future tradable carbon offset credits.
- Thu 00:07
Ghost forests – A new study in Biogeosciences has found that dead trees standing in reservoirs, referred to as ghost forests, are an overlooked source of methane emissions in GHG accounting. The findings indicated that current reservoirs emissions estimates may undercount methane because measurement often focuses on emissions from the water surface, ignoring standing dead trees which can have significant emissions depending on water depth and tree characteristics. The Australian research team suggested incorporating ghost forests into reservoir carbon accounting could improve the accuracy of freshwater methane emissions estimates, better informing reservoir management and climate mitigation strategies.
- Wed 23:36A new valuation framework has found the open ocean drives more than 90% of the $2.3 trillion a year the world's marine and coastal ecosystems generate in carbon removal value, dwarfing the contribution of mangroves, seagrasses and salt marshes.
- Wed 20:53Citi's carbon credit haul - US-based multinational investment bank Citigroup bought almost 50,800 carbon credits in 2025, a slight decrease from the previous year, it revealed in its annual sustainability report published this week. 2025 purchases were more concentrated in forestry credits, which accounted for four of the six Citi-supported projects during the year, while energy demand projects represented half of supported projects in the 2024 report, and forestry only one-fourth.
- Wed 13:14Biochar should be considered for supplying permanent CO2 removals to the EU's Emissions Trading System (ETS), according to the lead European Parliament negotiator on the market’s reform, who suggested introducing "safety margins" and "limitations" to address environmental integrity concerns.
- Wed 13:05Carbon revenues alone may not be enough to make many blue carbon projects in Southeast Asia financially viable or bridge the region’s massive $2.1 trillion blue economy financing gap, according to a new OECD report.
- Wed 10:51Croatia is backing a study to assess the potential for establishing a scheme for nature credits in the country, according to a document submitted to the UN Convention on Biological Diversity (CBD).
- Wed 09:08The Australian government has provided an update on its work on the long-awaited integrated farm land management (IFLM) method, as it pushes to present a final version to the market’s integrity body by the end of the year.
- Wed 08:31Singapore plans to issue a call for project proposals for Article 6 compliant credits in the coming weeks, as the first stage of supplier pre-qualification under its second major request for proposals (RFP) wrapped up earlier this month.
- Wed 08:00A proposed African financing facility should help communities engage with nature markets on fair terms to avoid reinforcing colonial-era power structures, a non-profit executive told a consultation.
- Wed 05:15One of Japan’s largest power generators has invested A$25 million ($17.5 mln) in a nature-based carbon fund in Australia.Â
CP Daily News Ticker: 22 July 2026
Introducing the CP Daily News Ticker, a running list of all our news updated in real-time throughout the day. This is also the new home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
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