Australia’s emissions fall as coal, gas power give way to renewables
Australia’s greenhouse gas emissions fell 2.1% in 2025, driven by record renewable energy generation and lower emissions from the fossil fuel sector, government data showed on Friday.
Read MoreINTERVIEW: Airline urges Asia to scale up CORSIA supply to keep climate finance in region
A major airline wants more Asian countries to authorise carbon credits for use under the aviation sector’s CORSIA scheme, saying the region risks losing out on billions of dollars in climate finance to other markets.
Read MoreIETA urges India to speed up Article 6 deals, widen eligibility
Carbon market group IETA has urged India to move faster on Article 6 agreements and broaden the scope of eligible projects, warning the country risks missing out on billions of dollars in climate finance if implementation remains slow.
Read MoreVCM REPORT: CORSIA benchmark prices dive more than 15% as EU review, jet fuel costs sap demand
Prices for Phase 1 CORSIA-eligible carbon credits continued to fall last week as uncertainty around the international aviation offsetting scheme and persistently high jet fuel prices weighed on market sentiment, pushing thoughts of future compliance lower down carriers’ list of priorities.
Read MoreIndonesia’s forest carbon market restart faces friction over export rules, taxes
Indonesia’s development of its forest carbon market is running into concerns over export levies, taxation, regulatory uncertainty, and technical bottlenecks, according to experts and stakeholders.
Read MoreVietnam clears way for first forest carbon credit issuance with new decree
Vietnam has finalised rules governing forest carbon credit trading, paving the way for the Southeast Asian country’s first issuances later this year.
Read MoreAustralia can grow carbon removals, biodiversity, and farming in tandem, says report
Australia can generate up to 127 million tonnes of annual carbon removals from land-sector activities by 2050, according to a report published Monday which argued sequestration and biodiversity restoration can occur simultaneously with expanding agricultural production.
Read MoreIndonesia to draft energy sector carbon trading rules, eyes billions in investment
Indonesia is preparing new regulations for carbon trading in the energy sector, aiming to mobilise up to $7.7 billion in additional green investment annually, the energy ministry announced.
Read MoreEuropean companies bought Chinese carbon credits from projects lacking emissions-cutting equipment -media
Offsets from Chinese carbon projects used by European companies lacked the equipment they claimed would cut greenhouse gas emissions, according to an investigation.
Read MoreIndia seeks feedback on new methodologies for ships, transit, recycling
India has opened public consultation on three new draft methodologies under the offset mechanism of its Carbon Credit Trading Scheme (CCTS), looking at generating units from activities related to transport, maritime electrification, and vehicle recycling.
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