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Saudi VCM company to bring domestic carbon credits to market
A Saudi state-backed company working to build out the voluntary carbon market domestically and internationally will add homegrown carbon credits to its platform before the year is out, it announced on Tuesday. Read MoreTop
Euro Markets: EUAs end first half of 2026 down 8.3% as ETS reform reports dismissed as "fake news"
EU carbon prices ended the first half of the year down by 8.3% despite gaining nearly €1.40 on Tuesday, as traders reversed Monday’s sell-off after a key European politician dismissed as "fake news" earlier media reports on potential ETS reform measures, with the rally bringing EUAs back above a key technical support level. Read MoreTop
EPP not pushing to give free EU ETS allowances to power sector, key lawmaker says
Peter Liese, a senior German lawmaker tipped to lead the forthcoming revision of the EU Emissions Trading System (EU ETS), told journalists that his party is not seeking to grant power generators free ETS allowances, contrary to media reports. Read MoreTop
Verra review finds no evidence of historical safeguards breaches at withdrawn Kariba REDD+ project
Verra has concluded the safeguards component of its quality control review (QCR) of the Kariba REDD+ carbon project, with independent auditors finding no evidence that the project breached the standard's rules during the period covered by their original assessments. Read MoreTop
EU states, oil and gas firms face key deadline on CO2 storage obligation
Oil and gas companies covered by the EU’s Net Zero Industry Act (NZIA) carbon storage obligation, along with 11 member states, face key compliance deadlines by close of business on Tuesday as Brussels moves to turn the bloc’s CCS ambitions into concrete projects, a senior European Commission official said. Read MoreTop
Brussels urged to keep incinerators out of EU ETS ahead of July review
Waste-to-energy (WtE) operators oppose the sector's inclusion in the EU Emissions Trading System (ETS), warning the move would increase costs for municipalities and consumers while doing little to reduce emissions because plant operators cannot control the composition of the waste they receive. Read MoreTop
QBE, partners launch UK nature restoration consortium with 50-year commitment
Insurance company QBE and seven businesses from its supply chain are partnering for a collective commitment of 50 years to fund rewilding and carbon credit generation in the United Kingdom, they announced on Tuesday. Read MoreTop
EU risks litigation if it drops binding forestry climate goal, WWF warns
The EU risks exposing itself to legal challenges if it weakens or abandons binding targets for carbon removals from forestry and land use as part of its post-2030 climate framework, according to a new legal analysis commissioned by WWF and published on Tuesday. Read MoreTop
Amazon to buy 2 mln South African carbon credits in long-term Spekboom restoration deal
Amazon will buy 1.95 million carbon removal credits from a large-scale ecosystem restoration project in South Africa, Bloomberg reported on Tuesday, as part of a an initiative that has also secured innovative financing through a $120 mln World Bank outcome bond. Read MoreTop
LATAM Roundup: State-backed institutions assist the voluntary carbon market
Latin America is creating opportunities for carbon project developers to generate credits, access finance, and commercialise issuances, developing national carbon markets, Carbon Pulse reported last week – although Global North funds retain their key role in the market, for now. Read MoreTop
Germany-backed CDR programme coordinates plan to scale up research
Researchers from a carbon removal (CDR) initiative backed by around €33 million from the German government are advancing work into scaling up engineered and land-based removals, the programme has announced. Read MoreTop
BRIEFING: Taiwan targets pilot ETS launch by 2028, but key policy details remain undecided
Taiwan is targeting the launch of a pilot cap-and-trade emissions trading scheme as early as 2028, but key policy aspects like the role of power plants in the scheme remain under discussion, a forum heard Tuesday. Read MoreTop
Benin cookstove project secures €9 mln from carbon investment platform
A Benin-based improved cookstove project has secured €9 million from a new carbon investment platform backed by European development finance institutions, its developer announced Tuesday. Read MoreTop
World Bank drops climate financing targets, buckles under US pressure
The World Bank said it will scrap two headline climate financing targets, including its goal for 45% of financing to deliver climate benefits, as it shifts its focus from how much the bank spends on climate-related projects. Read MoreTop
