ANALYSIS: EU opening for Article 6 in CBAM sends “positive signal” for credit demand, but puts climate credibility at risk
Allowing EU importers to deduct international carbon credits from their Carbon Border Adjustment Mechanism (CBAM) fees is an endorsement of the UN’s Article 6 carbon markets – but some worry it may come at the expense of the mechanism’s climate integrity.
Read MoreCarbon pricing coverage nears a third of global emissions, World Bank says
Carbon pricing now covers nearly 30% of greenhouse gas emissions globally, with government revenues from carbon taxes and emissions trading systems (ETSs) topping $107 billion in 2025, according to a World Bank report published on Tuesday.
Read MoreSingapore, World Bank launch carbon markets programme to boost high-integrity trading
Singapore and the World Bank Group on Wednesday launched a new programme aimed at scaling up high-integrity carbon markets, with a focus on improving market infrastructure, mobilising climate finance, and helping developing countries participate more effectively.
Read MoreIndonesia forest carbon project nears issuance of 4 mln credits
An Indonesian forest project is expected to be issued around 4 million carbon credits from 2022-25 vintages, its developer said on Tuesday.
Read MoreAustralia Market Roundup: April ACCU issuances fall from March highs, vegetation still dominates
Australian carbon market issuances fell in April, but were still second highest this year after March, with vegetation and waste projects accounting for large shares of the total.
Read MoreCoalition launched to boost Asia demand for high‑integrity carbon credits
An industry‑led coalition backed by major corporates and financiers has been launched at the GenZero Climate Summit to aggregate demand for high‑integrity carbon credits.
Read MoreAsian emissions to peak in 2030 as China declines offset India growth -report
Asia’s carbon emissions will peak two years earlier than previously expected, in 2030 rather than 2032, even as fossil fuels are to remain deeply embedded in the region’s energy mix through the next decade, according to a report.
Read MoreGlobal buildings decarbonisation “stalled” despite efficiency gains, UNEP says
The global buildings sector is now 3.5 billion tonnes of CO2 off the trajectory needed to meet international net zero targets, with decarbonisation momentum “stalled”, according to a United Nations report released on Tuesday.
Read MoreAmazon pushes against carbon removals ‘groupthink’, says markets need reduction credits too
Amazon has pushed back against relying solely on carbon removals, a trend common among major corporate buyers, to instead focus on high-quality emissions reduction credits that it said were essential to scale voluntary markets.
Read MoreINTERVIEW: UNEP sees Article 6 supply wave building towards 2030
The first meaningful supply of carbon credits traded under the Paris Agreement’s Article 6 mechanism will only emerge closer to 2030, as countries build the accounting and regulatory infrastructure needed to authorise trades, according to two UNEP officials.
Read More