Global climate action is building pace in the leadup to COP31
Progress is being made to advance global climate action in the leadup to COP31 in Turkiye as governments and the private sector engage on the key themes of electrification, nature stewardship, agricultural transformation, urban resilience, and social development, report the UN’s Climate High-Level Champions.
Read MoreCOMMENT: Should cookstoves meet permanence requirements? The question Article 6.4 has yet to ask
A draft reversal-risk tool under Paris Article 6.4 is cementing permanence requirements to clean cooking credits for the first time. But before debating the numbers, the market should ask whether this category belongs in a permanence framework at all.
Read MoreUAE sets out host country rules for Article 6.4 carbon credit projects
The United Arab Emirates has published its host party requirements for the Paris Agreement’s Article 6.4 crediting mechanism, listing types of carbon projects the Gulf state is prepared to approve.
Read MoreFrance adopts third national low-carbon strategy, with economy-wide sectoral targets
The French government announced Wednesday it has adopted its third National Low-Carbon Strategy (SNBC 3), setting out sectoral pathways to halve territorial greenhouse gas emissions by 2030 from 1990 levels and reach carbon neutrality by 2050.
Read MoreMDB climate finance reached $163 bln in 2025
Multilateral development banks (MDBs) provided $163 billion in climate finance in 2025, driven primarily by mitigation efforts in the energy sector, while remaining on track to meet collective 2030 financing targets despite political complexities.
Read MoreCOMMENT: Building the carbon markets of tomorrow – Singapore’s blueprint
Singapore is building an integrated carbon market ecosystem that fills financing, innovation, and demand gaps, positioning itself as Asia’s hub for scaling high-integrity carbon projects and Article 6 markets.
Read MoreTemasek sustainability portfolio value grows to S$49 bln, maintains net zero goal
Singapore sovereign investor Temasek recorded 7% year-on-year growth in its sustainability portfolio value to S$49 billion ($37.8 bln) and opted to maintain its focus on enabling carbon market solutions as a pillar of its net zero goal, according to financial year-end figures published on Wednesday.
Read MoreEuropean Parliament blocks EU bid to strip soy biofuels of green label
The European Parliament on Wednesday blocked a European Commission proposal that would have stripped soy-based biofuels of their renewable status.
Read MoreCarbon market association IETA calls for EU ETS overhaul centred on removals, global offsets, UK linkage
IETA has urged the European Commission to pursue a broad overhaul of the EU Emissions Trading System after 2030, arguing the bloc should integrate carbon removals, prepare to use international credits from 2031, reform the Market Stability Reserve (MSR), and prioritise linking the scheme with the UK carbon market.
Read MoreWorld Bank updates green bond framework, project eligibility list
The International Finance Corporation (IFC), the private-sector branch of the World Bank Group, has updated its Green Bond Framework to expand the range of projects eligible for financing.
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