Major Japanese bank to back JCM rice projects in the Philippines
One of Japan’s largest banks is backing a carbon credit project under the bilateral Joint Crediting Mechanism (JCM), eyeing emissions reductions from the Philippines’ rice fields, it announced Friday.
Read MoreINTERVIEW: Malaysian govt seeks developers to trial forestry standard ahead of 2026 rollout
The Malaysia Forest Fund (MFF), a federal government agency, is inviting proposals to pilot methodologies under its flagship forestry protocol, aiming to operationalise the standard by early 2026.
Read MoreCP Daily News Ticker: June 6, 2025
Payout – Vietnam’s Thanh Hoa province has approved a 2025 expenditure plan worth over VND 117 bln ($4.6 mln) funded by payments from a forest-based carbon credit deal for the North Central region. The budget includes VND 44.9 bln rolled over from 2024 and VND 72.8 bln in new ERPA…
Read MoreBRIEFING: Australia set to miss Great Barrier Reef water pollution targets, will review marine park protections
Australia is likely to miss targets designed to shield the Great Barrier Reef from water pollution, a report this week has found, as environmental groups eye upcoming opportunities to push the government to increase broader ocean protection measures.
Read MoreAU Market: ACCU price inches up despite “ghost town” conditions
The Australian Carbon Credit Unit Price (ACCU) has been gaining ground this week, despite a dip in liquidity, analysis and market participants said.
Read MoreCP Daily News Ticker: June 6, 2025
Sweet sugar SAF – Two Indian industrial groups have signed an MoU with the International Air Transport Association (IATA) to drive the uptake of sustainable aviation fuel (SAF), multiple outlets reported this week. Praj Industries and the Indian Sugar & Bio-energy Manufacturers Association (ISMA) signed the MoU with IATA which…
Read MoreEU countries’ climate plans “lack credible policies”, campaigners warn
A review of National Energy and Climate Plans (NECPs) submitted by EU countries so far shows significant gaps and lack of detail in a wide range of areas, casting doubt over the bloc’s ability to meet its 2030 climate goals, according to analysis published on Friday.
Read MoreCP Daily News Ticker: June 6, 2025
Opening up – Japan has passed a bill allowing the construction of offshore wind projects in its exclusive economic zones (EEZ), a move that can scale up floating wind in the country, according to the Global Wind Energy Council (GWEC). In addition to the formation of a special council to…
Read MoreUPDATE – US-based methane offset developer names interim CEO after founder departs
US-based methane abatement and well-plugging firm has named an interim CEO following the departure of the company’s founder from the role.
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