New Zealand Ombudsman upholds complaint over climate litigation OIA response

Published 04:21 on July 1, 2026 / Last updated at 04:21 on July 1, 2026 / / Asia Pacific (Pacific), Net Zero Transition (Litigation)

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New Zealand’s Ombudsman has found that the Prime Minister’s office acted unreasonably in its response to an Official Information Act request relating to a long-running climate lawsuit, upholding an NGO complaint over the matter. 

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ANALYSIS: Market hopes new administration awakens giant dormant Colombia, key implementation questions loom

Published 02:31 on July 1, 2026 / Last updated at 19:13 on July 1, 2026 / / Americas (LATAM & Caribbean), Insights (Analysis), International (Aviation/CORSIA, Paris Article 6/PACM), Nature & Biodiversity (Markets, Policy), Nature-based Carbon (Forestry, Other NbS), Net Zero Transition (Power/Electrification, Transport & Heating Fuels), Voluntary (VCM Governance)

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Colombia, a major player in voluntary and international environmental markets, is nearing the end of a presidential term that dealt the sector a major blow – but while the incoming president has raised hopes of a revival, questions remain over implementation.

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UPDATE – $6 mln offset project buyout collapses after purchaser said to miss closing payment

Published 01:42 on July 1, 2026 / Last updated at 09:32 on July 1, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia), EMEA (Africa), Net Zero Transition (Litigation), Voluntary (VCM Developments)

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A planned $6 million buyout of a portfolio of offset projects has collapsed after the purchaser opted not to make the required closing payment by the contractual deadline, leaving the original agreement in place and setting the stage for potential legal action, according to a company announcement late Tuesday.

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Democrats introduce bicameral bill to advance US clean shipping with $1 bln per year

Published 01:06 on July 1, 2026 / Last updated at 01:06 on July 1, 2026 / / Americas (US & Canada), International (Shipping), Net Zero Transition (Transport & Heating Fuels)

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Democrats in the US Senate and House of Representatives have reintroduced a legislative effort to fund advanced clean shipping technology and infrastructure.

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California gasoline consumption edges higher, diesel sales dip lower YoY in March

Published 00:43 on July 1, 2026 / Last updated at 00:43 on July 1, 2026 / / Americas (Compliance Markets & Taxes, US & Canada), Net Zero Transition (Transport & Heating Fuels)

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California gasoline sales picked up year-on-year (YoY) in March for the first time in multiple years, while diesel dropped by a larger percentage, recently published state data showed.

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Global energy emissions rose in 2025 despite surge in renewables -report

Published 23:42 on June 30, 2026 / Last updated at 23:45 on June 30, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Net Zero Transition (Power/Electrification)

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Renewables were the fastest growing energy source in 2025, but global energy emissions still ticked up 1.1%, driven by an expansion of fossil fuel use in the US, found a report.

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Climate tech accelerator opens sixth intake, expands scope to AI-enabled carbon solutions

Published 22:34 on June 30, 2026 / Last updated at 22:34 on June 30, 2026 / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), CO2 Management (CCUS, Engineered Removals), EMEA (Africa, Europe, Middle East), Nature-based Carbon (Other NbS), Net Zero Transition (Investment, Reporting & Disclosure), Voluntary (VCM Developments)

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The Carbon to Value Initiative (C2V Initiative) has opened applications for the sixth cohort of its ‘carbontech’ accelerator, seeking startups developing carbon capture, utilisation, and removal technologies as well as AI-enabled tools designed to accelerate commercial deployment.

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Top EU steelmakers say billions in green steel investments depend on ETS staying the course

Published 22:21 on June 30, 2026 / Last updated at 22:21 on June 30, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Industrial Decarbonisation)

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A coalition of top European steel producers has said that more than €10 billion of low carbon investments are at risk if the EU Emissions Trading System (ETS) framework is weakened in the upcoming reform.

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Washington’s highest court upholds farm fuel exemption under cap-and-invest programme

Published 21:24 on June 30, 2026 / Last updated at 21:24 on June 30, 2026 / / Americas (Compliance Markets & Taxes, US & Canada), Net Zero Transition (Litigation, Transport & Heating Fuels)

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The Supreme Court of Washington ruled in favour of the state’s Department of Ecology (ECY) regarding the agriculture fuel exemption for fuel suppliers within the carbon cap-and-invest programme, ending a dispute brought by an agricultural association.

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$8 bln clean energy project scrapped in Louisiana

Published 21:08 on June 30, 2026 / Last updated at 21:08 on June 30, 2026 / / Americas (US & Canada), CO2 Management (CCUS), Net Zero Transition (Investment, Reporting & Disclosure, Transport & Heating Fuels), Voluntary (VCM Developments)

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A planned clean energy project in Louisiana will not proceed after failing to meet internal financial return criteria, its developer announced Tuesday.

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