Weak demand signals persist across Asia-Pacific CORSIA market
While Japan and Singapore are currently leading the procurement of CORSIA-eligible credits, demand signals across the broader Asia-Pacific region remain relatively weak, according to a conference panel on Thursday.
Read MoreGold Standard publishes Paris-aligned light and safe water carbon methodologies
Voluntary carbon certification body Gold Standard has published two new methodologies on Thursday as it continues to align its crediting programme with the principles of the Paris Agreement.
Read MoreAluminium industry urges Brussels to ‘stop the clock’ on EU CBAM pending urgent fixes
A European Parliament vote on revising the EU’s Carbon Border Adjustment Mechanism (CBAM) has left major loopholes unresolved for the aluminium sector, the industry’s trade association has warned, calling for the scheme to be suspended unless the issues are fixed.
Read MoreIEA announces $900 mln in new commitments for clean cooking in Africa
The International Energy Agency (IEA) announced $900 million in new commitments to expand clean cooking in Africa, unveiled alongside its Clean Cooking in Africa 2026 report.
Read MoreBrussels publishes draft rules for selling EU CBAM certificates
The European Commission published draft rules on the sale and repurchase of certificates accepted under the EU’s Carbon Border Adjustment Mechanism (CBAM) on Thursday, which will be open for feedback for four weeks.
Read MoreChina has potential to become international offset buyer as its ETS evolves
China has the potential to become a major buyer in the global carbon credit market as its emission trading scheme evolves, a conference heard Thursday.
Read MoreCarbon market “co-benefit premiums” could steer finance towards higher-impact nature projects -researchers
Adding “co-benefit premiums” to carbon markets to reward nature-based climate projects that deliver measurable adaptation, biodiversity, and social benefits alongside carbon sequestration, could redirect investment towards higher-impact projects that are currently overlooked.
Read MoreUK spent nearly £400 mln on international nature finance over four years, FOI data shows
The UK invested almost £400 million in international climate finance for nature between 2021-25, according to government data released this week under a Freedom of Information (FOI) request, revealing funding for more than 40 international programmes spanning biodiversity, forests, oceans, and multilateral environmental agreements.
Read MoreRich countries overstated “true value” of climate finance to poorer countries in 2024 by ~$100 bln, says non-profit
Wealthy countries inflated the ‘true value’ of climate finance they provided to low- and middle-income countries in 2024 by about $100 billion, with some 65% of the total delivered as loans, many on market terms, according to a non-profit.
Read MoreBRIEFING: EU plan to extend carbon market to departing flights hits turbulence
The European Commission remains divided over whether to include emissions from departing flights in the EU Emissions Trading System (ETS) as part of the upcoming overhaul of the bloc’s carbon market, an official said Wednesday.
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