CP Daily Newsletter: Monday April 27, 2026

Published 01:35 on April 28, 2026 / Last updated at 01:35 on April 28, 2026 / Newsletters

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TOP STORY

European Commission plans to use Article 6 as “benchmark” for eligible CORSIA carbon credits in EU

The European Commission is proposing to set Article 6 of the Paris Agreement as the quality standard for credits to be purchased and cancelled by airlines in the region as part of their CORSIA offsetting obligations, an official told Carbon Pulse.

DAILY NEWS TICKER

CP Daily News Ticker: 27 April 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: 20-26 April 2026

Introducing VCM Weekly, a full list of our Voluntary Carbon Market (VCM) reporting from the past week, Monday to Sunday. Time-stamped news and analysis from around the world with a filter to search by region or topic.

AMERICAS

RGGI Market: Historic rally rages over 30% into new week as RGAs breach $40

Last week’s surge in RGGI Allowance (RGA) futures carried over into the new week as prices broke all-time highs above the $40 threshold, up more than 30% in the last three days, with traders telling Carbon Pulse it’s unclear where and when the current rally could reach a pinnacle.

BRIEFING: Colombian govt consults on overarching regulation, changes rules for land-use-based carbon projects

Colombia’s environment ministry has published a long-awaited draft decree on social and environmental safeguards for mitigation activities in the Land Use, Land-Use Change and Forestry (LULUCF) sector, which also covers several provisions on project registration, benefit-sharing, baseline alignment, and crediting periods

Canadian well-plugging company secures raise from European investors

A methane abatement developer last week announced it has secured C$4.5 million (€2.82 mln) in equity financing from two European strategic investors, with proceeds earmarked for acquisitions and expansion of its operating subsidiary.

US Republican-backed bill moves to reverse clean energy credit rollbacks in OBBBA

A Republican lawmaker has introduced a bill aiming to reverse the termination of several clean energy tax credits under the One Big Beautiful Bill Act (OBBBA), extending or restoring incentives for clean electricity, hydrogen production, and energy-efficient buildings.

Newfoundland and Labrador lifts emissions baselines for oil, mining projects -media

Details have emerged of the Canadian province’s decision earlier this year to raise emissions baselines for major oil and mining projects under its industrial carbon pricing system, according to media reports.

EMEA

Euro Markets: EUAs continue to pivot around technical level as market awaits fresh inputs

EU carbon prices settled precisely at a key technical level as trading activity remained lacklustre, while energy markets also lacked a clear direction after a weekend that was quiet in both military and rhetorical terms, concerning the ongoing war in the Middle East.

Vitol urges EU ETS “safety valve” in call to preserve market’s long-term durability

Energy trader Vitol has called on EU policymakers to introduce a temporary “safety valve” in the bloc’s carbon market, arguing that added flexibility is needed to preserve the system’s political and economic durability amid mounting industrial pressure.

JCM cookstove project in Tanzania targets 4 mln credits

A privately-led project under the Joint Crediting Mechanism (JCM) plans to deploy up to 700,000 clean cookstoves in Tanzania and generate roughly 4 million carbon credits over a 10-year period, local media reported last week.

Corporates urge EU to run majority of economy on clean power by 2040

Around 10 major corporates, startups, and investors have published an open letter calling on the EU to become an ‘electro union’ – running over 50% of its economy on clean, domestic electricity by 2040 in a bid to reduce energy price shocks.

UK’s CO2 storage market will need a higher ETS price to drive competition, govt told

A higher UK Emissions Trading Scheme (ETS) price is one factor that can help inject competition into a CO2 storage market that is widely expected to start as a natural monopoly, according to views sent to the government.

RWE reports rise in lignite-fired generation in Q1

Large German utility RWE has reported a 4% rise in lignite-fired power generation in the first three months of 2026, compared to the same period last year.

UK pilot tests biogenic carbon capture with biochar storage at paper mill

A UK-based developer has launched a pilot to capture biogenic CO2 emissions from a paper mill in southern Wales and convert them into biochar for long-term storage, it announced last week.

INTERVIEW: Date palm carbon project startup deepens Egypt’s shallow pool of developers

A startup focused on date palm land management and afforestation is aiming to enter the small world of Egyptian carbon project developers, adding new programmes; independent validation, verification, certification, and pricing; and majority revenue shares for farmers.

Lebanon to receive Article 6 policy support as UN agency launches RFP

A UN agency has launched a Request for Proposals (RFP) to support Lebanon in developing carbon markets with an eye to Article 6 engagement.

ASIA PACIFIC

Japan energy major to source domestic ag-based carbon credits

A large Japanese company has signed a long-term agreement to source carbon credits from agricultural projects under the domestic J-Credit programme, it announced Monday.

Japan’s energy shock response may deter renewables development, report says

Japan’s policy response to the international energy shock, which prioritises coal and nuclear expansion, may weaken future investment in renewable projects, according to a report published Monday.

New Zealand releases first ETS cost report

The New Zealand government on Friday released its first cost report into managing the country’s ETS, with expenses expected to grow in the coming financial year.

Australian ecosystems stored A$60 bln of carbon in a year, govt says

Four Australian habitat types stored nearly A$60 billion ($43 bln) worth of carbon in one year, according to government data.

**WEBINAR**

The Carbon Removal Debate – Nature vs Tech: Apr. 28 – How do you choose between nature-based and technology-based carbon removals – and do you even need to choose? Join UPS, Kearney, and Climate Impact Partners for a practical, discussion-led webinar on building a defensible removals portfolio that fits your goals, reputation, budget, and evolving guidance. Hear real-world perspectives from Jessica Garcia, Sustainability Manager at UPS and Pei Yun Teng, Senior Director for Impact & Sustainability at Kearney. Tuesday 28 April 2026 | 8am PDT | 11am EDT | 4pm BST | 5pm CEST. Learn key trade-offs, what “quality” means in practice, and how to justify decisions internally. Leave with a clear next-step framework. Register here to watch live or on-demand

VOLUNTARY

VCM Report: CORSIA futures curb takes shape as REDD carbon prices climb amid shortage

The long-dated CORSIA futures curve took shape last week after a single lot on the Dec-30 contract was bought on the ICE exchange, while lower quality REDD projects continue to climb in value amid a dearth of supply of fresh issuance in the avoided deforestation sector.

Quality-tagged carbon credit prices triple year-on-year in Q1 -analysts

The price of carbon credits tagged with the Core Carbon Principles (CCP) label were more than three times as high in the first quarter of 2026 compared to 2025, according to a new report, as market participants point to a growing quality premium.

Carbon standard announces collaboration with CDR developer to advance engineered biochar certification

One of the largest carbon removal (CDR) standards announced an effort on Monday to ensure projects featuring engineered biochar turned into road materials meet high-integrity certification standards.

Standard-setter tightens up methodology for renewable energy additionality

A standard-setting body is seeking views on its revised methodology for renewable energy projects, which strengthens the requirements for proving additionality and expands its use to new types of renewables and storage systems.

CDR backer launches RFP to finance projects with $3 mln offtake threshold

A London-based carbon removal specialist has launched a global request for proposals (RFP) to finance high-integrity CO2 removal projects backed by offtake agreements worth at least $3 mln, aiming to channel institutional capital into a constrained but rapidly growing sector.

INTERNATIONAL

IMO head calls for consensus on climate framework for shipping

The secretary-general of the UN’s maritime organisation, Arsenio Dominguez, wants to see “constructive and pragmatic exchanges” between countries during this week’s contentious negotiations on a global climate framework, and carbon price, for shipping, he said at the opening on Monday.

COP31 must reclaim the climate narrative to avoid being seen as a non-event, panel hears

Australia must use its new hybrid role of President for Negotiations at the upcoming COP31 to reclaim the climate narrative if it wants to avoid it being a non-event, according to a climate expert event held Monday.

GGGI seeks research on linking carbon markets with adaptation under Article 6

The Global Green Growth Institute is seeking research on how carbon markets can deliver adaptation benefits for climate-vulnerable countries, as part of its efforts to scale cooperation under Article 6 of the Paris Agreement.

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EVENTS

ClimateGlobal 2026: May 12, Vancouver – bringing together 300+ founders, investors, and operators from the Canadian and international climate tech ecosystem to explore what comes next and how to actually get there. This second edition will focus on two themes: “The Canadian Opportunity” and “Going Global from Canada”. Confirmed attendees include trade missions from ASIA and LATAM, North American and EU investors as well as global corporations and startups. If you are raising, selling, or expanding internationally make sure to be in the room. Register here.

Carbon Removal Investment Summit 2026: May 13, London – The Carbon Removal Investment Summit returns to London on May 13, 2026. cCarbon’s flagship, data- and modelling-driven dialogue brings together 200+ attendees from 160+ organisations, including investors, financiers, buyers, policymakers, developers, and market leaders shaping the carbon removals market. The summit features 40+ expert speakers across 10 curated sessions, along with a private investor conclave for deeper discussions among leading capital providers. The agenda explores where capital is moving, how investment and offtake structures are evolving, and what it will take to move from early momentum to meaningful scale. Register here.

Power Summit: June 3-4, Helsinki – Join Eurelectric’s annual summit, where policymakers, industry leaders and innovators will explore how electrification can power Europe’s secure, competitive and climate-neutral future. This year’s edition will focus on accelerating electrification, strengthening energy security and mobilising investment for the energy transition. Register now.

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