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New UN-backed cookstove carbon methodology may fall short of ICVCM criteria

Published 16:39 on July 1, 2025 / Last updated at 16:39 on July 1, 2025 / / Africa, Americas, Asia Pacific, EMEA, International, Paris Article 6/PACM, Voluntary

Hopes could be dashed for cookstove project developers that want the Integrity Council for the Voluntary Carbon Market (ICVCM) to ease its requirements for the Core Carbon Principles (CCP) high-integrity stamp, after a UN-backed methodology opted to use a more generalised approach to crediting, according to new documents.

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Pacific nations lead the charge as NDC 3.0 deadline nears

Published 14:59 on July 1, 2025 / Last updated at 14:59 on July 1, 2025 / / Asia, Asia Pacific, International, Other APAC, Pacific, UN Climate Talks

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Pacific island countries are making significant progress in efforts to meet their Nationally Determined Contributions (NDCs) set under the Paris Agreement, according to a report published recently.

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SB62: FEATURE – UN climate unit grapples with an identity crisis, amid calls for reforms and budget shortfalls

Published 14:48 on July 1, 2025 / Last updated at 14:48 on July 1, 2025 / , and / Americas, Asia Pacific, EMEA, Features, International, LATAM & Caribbean, Nature-based Carbon, UN Climate Talks

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The UN’s climate change unit is grappling with an identity crisis, as three decades of global talks have failed to make a true dent in emissions, long-running tensions between blocs of countries are exacerbated by wider geopolitics, and US withdrawal leaves a looming shortfall in budget as well as a change in leadership dynamics.  

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Catholic Church goes green, and denounces carbon offset schemes

Published 14:38 on July 1, 2025 / Last updated at 14:38 on July 1, 2025 / / Africa, Americas, Asia Pacific, EMEA, International, Nature-based Carbon, Voluntary

The Roman Catholic Church has become a green activist group, but has denounced carbon offset schemes as a ‘false solution’.

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Puro carbon removal retirements set annual record in 2025 with six months remaining

Published 13:48 on July 1, 2025 / Last updated at 13:48 on July 1, 2025 / and / Americas, Asia Pacific, CCUS, CO2 Management, EMEA, Engineered Removals, International, Voluntary

Retirements in the Puro.earth carbon removal registry so far this year have already surpassed levels seen across the entirety of 2024, data shows.

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Voluntary carbon credit retirements hit record high in first half of 2025

Published 11:51 on July 1, 2025 / Last updated at 14:24 on July 1, 2025 / / Africa, Americas, Asia, Asia Pacific, Aviation/CORSIA, CCUS, CO2 Management, EMEA, Engineered Removals, Europe, Forestry, International, LATAM & Caribbean, Middle East, Nature-based Carbon, Other NbS, Pacific, US & Canada, Voluntary

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Voluntary carbon credit retirements have hit a record high in the first six months of 2025, according to new data, mostly boosted by activity in newer registries active in the market.

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Norway commits $50 mln to ADB climate fund

Published 11:24 on July 1, 2025 / Last updated at 11:24 on July 1, 2025 / / Asia, Asia Pacific, EMEA, Europe, International, Other APAC, Paris Article 6/PACM

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Norway has committed up to $50 million to the Asian Development Bank’s Article 6-linked climate fund in a step it said would help it reach its climate neutral goal by 2030, cut greenhouse gases, and mobilise private green investments in developing nations.

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Hong Kong SAF supplier secures order from British Airways

Published 10:21 on July 1, 2025 / Last updated at 10:58 on July 1, 2025 / / Asia Pacific, Aviation/CORSIA, EMEA, Other APAC

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A Hong Kong-based renewable fuels producer has secured a multi-year agreement to supply British Airways with sustainable aviation fuel (SAF), it announced Tuesday.

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South Korean developer eyes refrigerant recovery projects in Southeast Asia

Published 07:59 on July 1, 2025 / Last updated at 07:59 on July 1, 2025 / / Asia, Asia Pacific, International, Other APAC, Paris Article 6/PACM, South Korea

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A Seoul-based developer is aiming to expand its presence in Southeast Asia with the implementation of hydrofluorocarbon (HFC) refrigerants recovery and reclamation projects that can create Paris-aligned carbon credits.

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LATAM Roundup: Cautious optimism reigns for the VCM

Published 00:21 on July 1, 2025 / Last updated at 00:21 on July 1, 2025 / / Americas, Americas Compliance Markets & Taxes, Carbon Taxes, Forestry, International, LATAM & Caribbean, Mexico, Nature-based Carbon, Other NbS, Paris Article 6/PACM, South & Central, Voluntary

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Last week saw voluntary carbon market (VCM) stakeholders welcome Colombia’s CO2 tax results, while Chile debuted and promoted market regulations, Mexico announced a major soil carbon deal, and anticipation built for Brazil’s ETS and Tropical Forests Forever Fund (TFFF).

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