Paraguay expects to surpass $1 bln in carbon credit deals with Singapore, says ministry
Paraguay’s government expects investments from Singapore in its carbon credit projects to exceed $1 billion, a minister said on Wednesday.
Read MoreLATAM Roundup: Private capital keeps flowing into emissions reductions, CDR expands
Private sector capital continues to gain momentum across Latin America’s carbon markets, with a growing share targeting carbon removals (CDR) as developers and financiers scale new supply hubs beyond early strongholds.
Read MoreUK cuts international climate finance by 14% under new aid strategy
The UK will allocate around £6 billion to international climate finance (ICF) over the next three years, compared to a £11.6 bln five-year commitment for 2021-26, as part of wider changes to its development spending, the government said on Thursday.
Read MoreUN backs Indonesia’s forest carbon results, flags gaps
The UNFCCC has validated Indonesia’s reported forest-sector emissions reductions under its latest submission, supporting the Southeast Asian nation in unlocking results-based climate finance, while also highlighting areas for further improvement in data transparency and consistency.
Read MoreEXCLUSIVE: Indonesia first to pilot G20-backed carbon credit data model
The government of Indonesia will pilot a new global framework for standardising carbon credit data as part of efforts to strengthen transparency and interoperability in carbon markets, according to an announcement Friday.
Read MoreINTERVIEW: Environmental advocates call for greater transparency in UK overseas nature funding
Conservation advocacy groups called for greater transparency over how the UK spends overseas nature funding, warning weak reporting risks undermining political support for future international climate aid.
Read MoreSIDS locked out of climate finance as funders deem them too risky -report
Small Island Developing States (SIDS) are being systematically shut out of global climate finance despite facing some of the most acute climate impacts, according to a report released Monday that said funders view these nations as too small, fragmented, and risky to support.
Read MoreArticle 6 authority adopts 2026 work plan, elects new chairs
The UN body responsible for launching the global carbon market under the Paris Agreement has adopted an “accelerated” 2026 work plan and appointed new leadership, as it seeks to move from negotiations to implementation of the new Paris Agreement Crediting Mechanism (PACM).
Read MoreNigeria publishes revised forest emissions report, opens door to REDD+ payments
Nigeria has refined its forest-related emissions benchmark, adding in degradation data for the first time and making moves towards Reducing Emissions from Deforestation and forest Degradation (REDD+) payments.
Read MoreSoil carbon restoration could help meet Brazil’s 2035 climate target -report
Rebuilding a third of Brazil’s depleted soil carbon stocks could cut emissions by 1.5-1.7 billion tonnes of CO2, matching the level required to meet the country’s Paris Agreement goal of a 59-67% reduction by 2035, according to a recent report.
Read More