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PREVIEW: Key issues to watch in the upcoming EU carbon market reform

Published 09:32 on July 6, 2026 / Last updated at 09:32 on July 6, 2026 / , and / EMEA (Compliance Markets & Taxes, Europe), Insights (Features)

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As the European Commission prepares to unveil its proposed revision of the EU Emissions Trading System (EU ETS) on July 17, Carbon Pulse walks you through the main issues at stake in the reform – what is already on the table, and the key decisions still to come. Read More
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Brazil finalises delayed ITMOs regulation text -source

Published 20:23 on July 6, 2026 / Last updated at 20:23 on July 6, 2026 / / Americas (LATAM & Caribbean), International (Paris Article 6/PACM)

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The Brazilian government has completed the text of a draft resolution setting out the procedures for Internationally Transferred Mitigation Outcomes (ITMOs) under Article 6 of the Paris Agreement, Carbon Pulse has learned. Read More
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EU lawmakers agree position on Market Stability Reserve for ETS2

Published 19:35 on July 6, 2026 / Last updated at 19:35 on July 6, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Transport & Heating Fuels)

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The European Parliament's environment committee endorsed on Monday a provisional agreement to strengthen the Market Stability Reserve (MSR) for the EU's new emissions trading system covering buildings and road transport (ETS2), paving the way for final approval in plenary. Read More
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EU lawmakers vote to extend CBAM to more than 400 downstream products

Published 19:26 on July 6, 2026 / Last updated at 19:26 on July 6, 2026 / / EMEA (Europe), International (CBAM & Tariffs, Paris Article 6/PACM), Net Zero Transition (Industrial Decarbonisation)

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Lawmakers in the European Parliament's environment committee (ENVI) voted to extend the EU's Carbon Border Adjustment Mechanism (CBAM) to more than 400 product codes on Monday, as well as for tougher anti-circumvention measures. Read More
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EU lawmakers agree to widen carbon leakage fund to downstream sectors, restrict aid to exports

Published 19:07 on July 6, 2026 / Last updated at 19:07 on July 6, 2026 / / EMEA (Europe), International (CBAM & Tariffs), Net Zero Transition (Industrial Decarbonisation)

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Lawmakers in the European Parliament's environment committee (ENVI) voted on Monday to extend carbon leakage financial support to downstream sectors, cement, cereals, and more fertilisers, while they limited support to the exported share of production. Read More
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LATAM Roundup: CDM to PACM project approval deadline passes, Latin America in the lead

Published 18:48 on July 6, 2026 / Last updated at 18:48 on July 6, 2026 / / Americas (LATAM & Caribbean), International (Paris Article 6/PACM, UN Climate Talks), Voluntary (VCM Developments, VCM Governance)

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The deadline has passed for countries hosting Kyoto-era Clean Development Mechanism (CDM) projects to approve transition to the Paris Agreement Crediting Mechanism (PACM), with just one-quarter of eligible activities making the cut – and Latin America leading the charge. Read More
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Euro Markets: EUAs race up to test technical resistance after strong buying wipes out early decline

Published 17:26 on July 6, 2026 / Last updated at 17:30 on July 6, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices broke out of their recent range and raced to a seven-day high as a burst of aggressive buying in the afternoon clawed back the morning's losses and drove the market to a key technical resistance level. Read More
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VCM REPORT: CORSIA edges back to $10/t ahead of EU assessment, analysts revise down demand outlook

Published 16:34 on July 6, 2026 / Last updated at 16:34 on July 6, 2026 / , and / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), CO2 Management (CCUS, Engineered Removals), EMEA (Africa, Europe, Middle East), Insights (VCM Reports), International (Aviation/CORSIA, Paris Article 6/PACM), Net Zero Transition (Investment, Reporting & Disclosure), Voluntary (VCM Developments, VCM Governance)

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Benchmark ICE CORSIA futures bounced back towards $10/t last week, climbing from two-year lows, as the European Commission's assessment of the international aviation offsetting scheme that will affect the participation of EU carriers inches closer. Read More
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ICAO attempts to ward off criticism of CORSIA, urges member state cooperation

Published 15:55 on July 6, 2026 / Last updated at 15:56 on July 6, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), International (Aviation/CORSIA), Voluntary (VCM Developments)

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The International Civil Aviation Organization (ICAO) is warning against fragmenting carbon regulation for the global aviation industry ahead of the EU assessment of CORSIA due for publication this month. Read More
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INTERVIEW: Future uncertain for Indigenous Peoples as Peru pledges land rights recognition

Published 15:38 on July 6, 2026 / Last updated at 15:38 on July 6, 2026 / / Americas (LATAM & Caribbean), Insights (Interviews), Nature & Biodiversity (Policy), Nature-based Carbon (Forestry)

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The government of Peru's recently announced pledge to improve Indigenous land recognition will only help people secure their territories in the Peruvian Amazon if this high-level statement drives official, long-lasting land demarcation, an Indigenous Kichwa leader told Carbon Pulse. Read More
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UK needs national cooling plan to avoid carbon lock-in, report says

Published 15:35 on July 6, 2026 / Last updated at 15:40 on July 6, 2026 / / EMEA (Europe), Net Zero Transition (Transport & Heating Fuels)

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The UK risks locking in higher emissions unless it develops a national cooling strategy that limits demand for air conditioning, a London-based non-profit warned on Monday. Read More
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EU ETS maritime CO2 emissions slip in 2025 despite rise in overall sectoral output

Published 15:28 on July 6, 2026 / Last updated at 15:42 on July 6, 2026 / / EMEA (Compliance Markets & Taxes, Europe), International (Shipping), Net Zero Transition (Transport & Heating Fuels)

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CO2 emissions from ships covered by the EU's monitoring, reporting, and verification (MRV) system rose modestly in 2025 year-on-year, according to preliminary data, but the share falling within the scope of the Emissions Trading System (EU ETS) edged lower compared to 2024 levels. Read More
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Ghana must position carbon markets to address "everyday developmental problems" -lawmaker

Published 15:28 on July 6, 2026 / Last updated at 15:29 on July 6, 2026 / / EMEA (Africa), International (Paris Article 6/PACM), Voluntary (VCM Developments)

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Ghana needs to treat carbon markets as a tool for national development, and position itself as a regional hub for credible carbon credits that attract credible international investment, technology, and partnerships, parliamentarians said during a debate on the country's carbon market framework. Read More
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World Bank approves $265 mln for hydro project in Morocco, amid retreat from climate targets

Published 15:27 on July 6, 2026 / Last updated at 15:27 on July 6, 2026 / / EMEA (Africa, Middle East), Net Zero Transition (Investment, Reporting & Disclosure, Power/Electrification)

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The World Bank has announced a $265-million financing package to support a major hydropower infrastructure project in Morocco, just days after retiring its climate finance targets amid US pressure. Read More
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EV sales in UK surge in June, but fall short of target needed for UK climate goals

Published 15:04 on July 6, 2026 / Last updated at 15:04 on July 6, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Net Zero Transition (Transport & Heating Fuels)

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New electric vehicle car sales in the UK surged in June to take 30% of the market, but still fell short of the government’s Zero Emission Vehicle (ZEV) mandate, data showed Monday. Read More