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SB64: Status quo falls short of Belem biofuels pledge, but policy signals can drive growth -panellists
The status quo will be insufficient to reach a Belem pledge to quadruple the use of sustainable fuels by 2035, but the right policy signals and can help drive growth in the emerging sector, experts said during mid-year UN climate talks. Read MoreTop
India, Japan adopt rules under JCM, paving way for Article 6 projects
India and Japan have adopted the operational rules for their bilateral Joint Crediting Mechanism (JCM), making it India's first live framework for trading carbon credits under Article 6.2 of the Paris Agreement. Read MoreTop
Nordic businesses urge EU to protect a strong ETS price signal
The EU Emissions Trading System (ETS) is finally delivering what industrial investments need most – a long-lasting, technology-neutral price signal for decarbonisation – and the upcoming reform needs to reinforce the market's core function, a northern European business coalition said on Tuesday. Read MoreTop
Business coalition urges EU to heed its ideas for scaling carbon farming
A group of companies including Danone, Nestle, and Unilever, shared a set of recommendations on Tuesday which it says could accelerate a European agricultural transition under the bloc’s Carbon Removal Carbon Farming (CRCF) regulation. Read MoreTop
SB64: "At least" 14 more projects to receive host party approval by end of month -official
"At least” 14 additional projects, but hopefully more, will receive host party approval (HPA) to transition to Paris Agreement Crediting Mechanism (PACM) from the Clean Development Mechanism (CDM) by the deadline at the end of this month, a UN official said on Tuesday. Read MoreTop
Brussels aims for swift adoption of new benchmarks to release extra free EU ETS allowances
The European Commission will present in July a separate proposal with additional benchmarks for certain industries to increase their allocated free ETS allowances, alongside the revision of the bloc's carbon market, and will work with co-legislators for a swift adoption, it confirmed on Tuesday. Read MoreTop
EU states back competitiveness fund with ETS-linked decarbonisation focus
EU member states have agreed a partial negotiating position on the European Competitiveness Fund (ECF), a flagship pillar of the bloc’s next long-term budget. Read MoreTop
Net zero CO2 emissions by 2045, fossil fuel phaseout by 2070, can limit warming to 1.5C -study
Global CO2 emissions need to reach net zero by 2045, followed by all GHG emissions around 2060, in order to limit warming to 1.5C in the long run, according to analysis published on Tuesday. Read MoreTop
ANALYSIS: Kenya's limit on ITMO sales highlights Article 6 supply constraints, and may force developers back onto VCM
Kenya's recent announcement that it will limit Article 6 transfers to 10 million Internationally Transferred Mitigation Outcomes (ITMOs) between 2026 and 2030 surprised many market participants, particularly given the scale of the country's existing carbon project pipeline, and may signal a fundamental shift for project developers relying on voluntary prices currently languishing in single-digit figures. Read MoreTop
Finnish CDR registry passes 1 mln credits as 2025 retirements more than double
A Helsinki-based carbon removal (CDR) registry has surpassed one million retired carbon credits, after retirements more than doubled in 2025, the company announced on Tuesday. Read MoreTop
Climate disasters push EU states into role of insurer of last resort
Europe’s governments face mounting fiscal risks from climate disasters as extreme weather becomes more frequent and severe, with public budgets increasingly filling the gap left by inadequate insurance coverage, a report warned on Tuesday. Read MoreTop
Australia sees the opening of world’s first carbon refinery
An Australian mineral carbonation company on Wednesday announced the launch of what it described as the world’s first carbon refinery, turning industrial CO2 streams into various materials. Read MoreTop
Verra publishes low-carbon fuel methodology
Verra published its first framework to quantify emissions reductions in marine transport Tuesday in an effort to support alternative low-carbon fuels in shipping. Read MoreTop
Italy plans carbon market cooperation with Tanzania -local media
Italy is eyeing carbon market investments in Tanzania through Article 6.2 of the Paris Agreement, following a meeting between the two governments in Bonn, according to local media. Read MoreTop
