UK air traffic controller invests in carbon removal credit for first time
An air traffic controller has agreed to buy ÂŁ500,000 of durable removal credits from a diverse range of projects, as part of a UK Sustainable Aviation coalition that has pledged ÂŁ2 million to stimulate the carbon removal (CDR) market.
Read MoreSingapore, Tanzania sign carbon credits cooperation pact to advance climate action
Singapore and Tanzania have signed a memorandum of understanding (MoU) on carbon credits collaboration, as they aim to strengthen bilateral climate cooperation.
Read MoreSB64: COP31 Presidency unveils global electrification target to accelerate clean energy transition
The incoming presidency of COP31 has proposed a global target to increase the share of energy demand met by electricity to 35% by 2035, positioning electrification as a cornerstone of efforts to reduce emissions and accelerate the transition away from fossil fuels.
Read MoreSB64: Adaptation Fund enters Paris era with “dire” financial needs, PACM funds still pending
Negotiators at the SB64 climate summit in Bonn are transitioning the Kyoto-era Adaptation Fund (AF) to Paris, with UN carbon markets historically contributing large sums to the fund – but financing from the Paris Agreement Crediting Mechanism (PACM) is still on standby.
Read MoreFEATURE: “A logical destination” – govt-led forestry carbon projects remove market friction, command premiums
Forestry-based carbon projects that are government-led and factored into national accounting systems can achieve landscape-scale change, with credit prices trading at a premium, say experts.
Read MoreAviation group warns EU against wider ETS scope in 2026 review
A European aviation alliance has warned the European Commission against expanding the EU ETS beyond flights within the European Economic Area (EEA), arguing that such a move could hurt European carriers and airports without delivering clear climate gains.
Read MoreSB64: Article 6.2 TERs are in their lane, but PACM could add clarity, says UN
The UN’s Technical Expert Reviews (TERs) of Article 6.2 initial reports are fully within bounds, and are not erroneously applying Paris Agreement Crediting Mechanism (PACM) norms, a senior member of the UNFCCC has said.
Read MoreUN review flags major gaps in Malawi’s carbon market reporting
A United Nations technical review has identified significant weaknesses in Malawi’s reporting and governance arrangements for participation in international carbon markets under Article 6 of the Paris Agreement, raising concerns about transparency, accounting practices, and environmental integrity.
Read MoreVCM MONTHLY: Retirements and issuances rise while CORSIA prices slide
Carbon credit issuances and retirements bounced up in May year-on-year across the voluntary carbon market while benchmark CORSIA prices fell 22% to end the month around $10/tonne, their lowest level since June 2024.
Read MoreSB64: BRIEFING – Plans for COP30 presidency’s twin roadmaps spark divergent reactions
The Brazilian COP30 presidency’s deforestation roadmap, presented in an early form on Monday, has been well received by a coalition of the willing, while the endeavour to draft a fossil fuel transition plan has sparked some backlash, Carbon Pulse heard in Bonn.
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