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TOP STORY

FEATURE: As wildfires intensify, Canada’s forest carbon developers confront a new reality

Canada’s forests are burning faster than its carbon market rules can adapt, leading developers, auditors, insurers, and Indigenous project partners to rethink how to manage fire risk – and what it means to promise decades of carbon storage when past fire patterns are becoming a less reliable guide to future conditions.

DAILY NEWS TICKER

CP Daily News Ticker: 27 July 2026

The CP Daily News Ticker is a running list of all our news updated in real-time throughout the day. This is also the home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.

VCM WEEKLY 

Voluntary Carbon Market News: July 27-August 2, 2026

Introducing VCM Weekly, a full list of our Voluntary Carbon Market (VCM) reporting from the past week, Monday to Sunday.

EMEA

INTERVIEW: Polish climate minister draws red lines in EU ETS reform talks

One week after the European Commission unveiled its legislative proposal to reform the EU’s Emissions Trading System (ETS), Carbon Pulse sat down with Polish climate state secretary Krzysztof Bolesta to discuss Warsaw’s priorities in the upcoming talks.

European Commission’s head of carbon markets to leave post after nearly a decade

The European Commission’s director for carbon markets will be leaving her post in September, after almost a decade at its helm.

German report questions EU assumptions on carbon leakage risk as global climate policies converge

The European Union should fundamentally rethink how it assesses carbon leakage risks, concluding that climate policies among many of the bloc’s major trading partners have become substantially more ambitious since the Paris Agreement and that existing assumptions increasingly fail to reflect global reality, according to a new report.

Euro Markets: EUAs follow morning stability with afternoon drop amid falling energy markets

After a relatively calm morning in which prices traded either side of Friday’s close, European carbon allowances weakened steadily during the afternoon, dropping by €1.50 by the close as the market absorbed a significant lessening of hostilities in the Middle East over the weekend that prompted energy markets to fall steeply, while the onset of the peak holiday season and continuing digestion of the EU ETS reform package appeared to take priority.

ExxonMobil files legal challenge against EU’s CO2 storage obligation

US oil major ExxonMobil has launched a legal challenge against the EU’s Net Zero Industry Act (NZIA), filing a “notice of dispute” under the Energy Charter Treaty (ECT) over an obligation on fossil fuel producers to develop CO2 storage capacity in line with their oil and gas output in Europe.

EU ETS must work better for electrification to succeed -study

Europe’s push to electrify heavy industry will falter unless policymakers narrow the cost gap between electricity and fossil fuels, including via the EU Emissions Trading System (ETS), according to a new study for the European Commission.

Carbon pricing on road transport has uneven impact across Europe, study finds

The EU’s upcoming Emissions Trading System for road transport and heating fuels (ETS2) will disproportionately impact lower-income western European households, with fair revenue recycling required to mitigate this, according to new research.

French CDR group calls for roadmap to deliver 22 mln tonnes of removals by 2050

France should develop a dedicated carbon removal (CDR) roadmap and introduce measures to stimulate demand if it is to deliver the roughly 22 million tonnes of CO2 of annual technological removals envisaged under its newly adopted low-carbon strategy, an industry association has said.

Europe’s wildfires could justify triggering LULUCF ’emergency brake’

This year’s wildfire season in Europe is already exceeding previous record trends, officials have warned, potentially opening the door for affected EU member states to activate a safety valve that eases their carbon sink obligations under the bloc’s regulation on land use, land use change, and forestry (LULUCF).

UK importers must prep for CBAM reporting obligations, HMRC warns

UK businesses need to prepare to keep records of their imports covered by the incoming Carbon Border Adjustment Mechanism (CBAM), or risk possible penalties, a government official warned.

Financial emissions initiative sets seven priorities for new GHG accounting methodologies

A global financial-sector initiative last week outlined seven priority areas for developing new methodologies and guidance on measuring greenhouse gas emissions linked to financial activities over the next two years.

African Union to create blue economy financing mechanisms by 2027

The African Union’s 55 member states have adopted a declaration aimed at implementing the continent’s blue economy agenda by 2027, including a pledge to establish biodiversity credits among other innovative financing mechanisms.

DRC’s flagship green corridor mostly overlaps with oil blocks, mining concessions -Greenpeace

The Democratic Republic of Congo’s (DRC) flagship conservation initiative largely overlaps with oil blocks and mining concessions, according to a Greenpeace Africa policy briefing, which calls for the area to be declared a “No-Go Zone” for new extractive activities.

AMERICAS

RGGI Market: RGAs sink below $40 in wake of affordability measure concerns, muted buying interest

RGGI Allowance (RGA) futures sank below the $40 mark on Monday amid limited trade volumes as the prospect of affordability measures and a paucity of buying support brought prices to their lowest level since early June.

California opens revised corporate climate disclosure rules for public comment

California regulator ARB on Monday opened proposed revisions to the state’s corporate climate disclosure rules for public comment through Aug. 11, including a three-month delay to the first emissions reporting deadline and additional flexibility for companies during the initial reporting year.

Biodiversity credits unlikely to replace REDD+ finance in illegal mining areas -study

Alternative financing mechanisms will be needed alongside biodiversity credits to restore areas degraded by illegal gold mining that face significant legal, security, and financial barriers in Peru’s Amazon, according to a new study.

Environmental advocates back revival of dismissed carbon-neutral vape lawsuit

Environmental groups and carbon market researchers filed separate briefs in support of the reversal of a US federal judge’s dismissal of a class action lawsuit claiming consumers were misled by carbon neutral marketing for vaping products.

ASIA PACIFIC

New guidelines for China’s zero-carbon factories may create CCER, ITMO demand

China has released guidelines to advance the buildout of “zero-carbon factories”, which could potentially unlock fresh demand for domestically issued credits and Internationally Transferred Mitigation Outcomes (ITMOs).

NZ Green Party seeks to remove forestry from the ETS, phase out free allocation, policy manifesto says

New Zealand’s Green Party over the weekend published its latest climate change policies, hinting that forestry offsetting will be phased out of the ETS, as well as an end to free industrial allocation, while also putting a price on agricultural emissions.

NZ construction company spends govt grant on NZUs

A New Zealand construction company on Monday announced it has used government funding to acquire NZUs to help it maintain its cement operations until 2040.

Intergovernmental mangrove conservation centre starts operations in China

The world’s first centre dedicated to intergovernmental mangrove conservation formally began operations this week, with officials announcing the move in a major city in southeastern China.

Victorian water corporations seek 700k ACCUs, as engineering firm opens call for tenders

An engineering and advisory firm has opened a Request for Proposal (RFP) on behalf of  a collection of water corporations, seeking Australian Carbon Credit Units (ACCUs), it announced.

Asian nations scale up mangrove commitments, unveil global initiatives

The International Day for the Conservation of the Mangrove Ecosystem, observed annually on July 26, saw Asian nations announce new commitments to coastal restoration and highlight ongoing efforts to protect the vital coastal forests.

Australian carbon market industry body veteran announces resignation

A senior figure at Australia’s carbon market industry body has announced his resignation.

VOLUNTARY

VCM REPORT: CORSIA prices hover below $13/t as trading volumes surge

Benchmark ICE CORSIA futures hovered within the mid-$12 per tonne range last week, as bullish momentum from the European Commission’s Emission Trading System (ETS) revision announcement tapered off.

Verra launches new registry powered by commodity house to improve user experience

Verra has launched its new registry powered by a global commodity insights provider, marking a transition to a more integrated user experience that it says meets the needs of the growing carbon market.

Ratings agencies apply to be regulated under EU ESG framework

Three carbon ratings agencies have confirmed they have made formal submissions to be regulated under the bloc’s first dedicated framework for ESG and sustainability-related ratings activity.

Standard body official steps down

A prominent official at a carbon standards body has stepped down, taking time off before moving elsewhere.

Global audit company buys verification company to expand its digital carbon offering

A global inspection and certification company has acquired a validation and verification body (VVB) to expand its capabilities in verifying digital carbon assets and strengthen its position in global carbon markets.

Biochar study aims to bridge permanence methods, models 99% carbon retention after 1,000 years

A new study has linked biological and thermochemical methods for assessing biochar permanence, estimating that an inertinite-rich biochar could retain 99% of its carbon after a millennium under a conservative modelling scenario.

INTERNATIONAL

Qatar‑based carbon standard teams up with Bhutan to advance Article 6 readiness

A Qatar‑based voluntary standard has inked a pact with Bhutan’s Department of Environment and Climate Change to support the country’s institutional and technical readiness for participation in international carbon markets.

IETA CEO Forrister to step down, search launched for successor

Dirk Forrister will step down as president and CEO of IETA after 14 years at the helm, the carbon markets trade body announced on Monday.

Compliance market moves widen the case for carbon removal investment, says investor

Regulatory moves across major compliance carbon markets are turning carbon removals (CDR) into an emerging institutional asset class, a CDR investment fund said on Monday.

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GATEWAY TO ASIA’S CARBON MARKETS 

Singapore’s blueprint to building the carbon markets of tomorrow. Carbon markets play a key role in accelerating decarbonisation efforts but significant challenges remain, from financing early-stage projects to navigating a complex market landscape. Enter Singapore – home to over 160 carbon services and trading companies, it is establishing itself as a leading hub for companies to access, develop, and scale high integrity carbon market opportunities across the region.

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EVENTS

Carbon Accounting in Agricultural Supply Chains Summit: Aug. 18-20, Chicago – As scrutiny of Scope 3 emissions intensifies, agricultural supply chains remain one of the most challenging areas to measure accurately. The 3rd Carbon Accounting in Agricultural Supply Chains Summit brings together sustainability, agriculture, and supply chain leaders to explore practical approaches for building credible, audit-ready carbon accounting programs. Hear from experts at Danone, Mars, Elanco, Hunnicutt Farms, Continuum Ag, New Belgium Brewing, and many more, as they share real-world strategies for MRV, data integration, farmer engagement, and regulatory readiness. Gain actionable insights into turning farm-level data into trusted reporting and emissions reduction decisions. Learn more here.

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JOB LISTINGS THIS WEEK

• Origination Manager, EcoSecurities – Jakarta/Philippines
• Environmental Markets – Sales, Redshaw Advisors – London

See all listings or post a job

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