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Allowances available at Q3 Washington carbon auction jump by more than one-quarter

Published 18:00 on July 2, 2026 / Last updated at 18:00 on July 2, 2026 / / Americas (Compliance Markets & Taxes, US & Canada)

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The Q3 sale under Washington's cap-and-invest market will offer roughly 28% more allowances than the previous quarterly sale, a year-to-date (Ytd) high, according to a state notice. Read More
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EU countries urged to step up Mediterranean seagrass restoration efforts

Published 15:50 on July 2, 2026 / Last updated at 15:50 on July 2, 2026 / / EMEA (Europe), Nature & Biodiversity (Policy), Nature-based Carbon (Other NbS)

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EU member states need to step up efforts to recover Mediterranean seagrass meadows, including by allocating long-term funding and improving restoration planning, according to a report. Read More
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EU urged to back ETS2 with stronger support for vulnerable households

Published 15:38 on July 2, 2026 / Last updated at 15:38 on July 2, 2026 / / EMEA (Europe), Net Zero Transition (Transport & Heating Fuels)

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Europe’s plan to extend carbon pricing to buildings risks leaving millions of vulnerable households behind unless it is matched with major public investment in home renovations and clean heating, researchers and EU officials warned this week. Read More
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DATA DIVE: EU ETS-covered cement and steel emissions slump in H1 2026 as chemicals rebound

Published 15:26 on July 2, 2026 / Last updated at 15:30 on July 2, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Insights (Data Dives), Net Zero Transition (Industrial Decarbonisation)

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Cement and steel emissions fell significantly across the EU in the first half of 2026, data shows, while the chemicals sector saw a rise in impact due to the closure of the Strait of Hormuz restricting Asian and Middle Eastern competition. Read More
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European bank buys SAF to help cut its supply chain emissions

Published 14:56 on July 2, 2026 / Last updated at 14:56 on July 2, 2026 / / EMEA (Europe), International (Aviation/CORSIA), Net Zero Transition (Investment, Reporting & Disclosure, Transport & Heating Fuels)

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A European bank and airline have teamed up to increase to supply the airline with sustainable aviation fuel (SAF), helping to cut the bank's supply chain emissions.  Read More
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Renewables a 'geopolitical shock absorber' and their cost advantage over fossil fuels keeps widening, says IRENA

Published 14:50 on July 2, 2026 / Last updated at 14:50 on July 2, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Net Zero Transition (Power/Electrification, Transport & Heating Fuels)

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The cost advantage of renewable energy over fossil fuels continues to widen - helping to avoid an estimated $480 billion in fossil fuel-related costs last year and about 8.4 bln tonnes of CO2 emissions - turning clean energy into a "geopolitical shock absorber" during times of energy crisis, said the International Renewable Energy Agency (IRENA) in new analysis. Read More
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Brussels taps ETS cash for €2.5 bln clean energy push in poorer EU countries

Published 13:34 on July 2, 2026 / Last updated at 13:34 on July 2, 2026 / EMEA (Europe), Net Zero Transition (Industrial Decarbonisation, Investment, Reporting & Disclosure, Power/Electrification, Transport & Heating Fuels)

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The European Commission and European Investment Bank (EIB) have released a fresh €2.5 billion tranche from the EU’s Modernisation Fund to support 51 energy-sector projects in 11 lower-income EU member states, using revenues from the EU Emissions Trading System (ETS). Read More
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INTERVIEW: New standard targets Global South developers with no upfront fees

Published 13:18 on July 2, 2026 / Last updated at 13:19 on July 2, 2026 / / Americas (LATAM & Caribbean), Asia Pacific (Asia, Pacific), CO2 Management (Engineered Removals), EMEA (Africa, Middle East), Voluntary (VCM Developments)

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A Bengaluru-based carbon registry and standard startup is looking to claw market share from established voluntary carbon standards by eliminating upfront costs for developers and targeting under-capitalised projects across the Global South. Read More
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Germany's first nEHS carbon allowance auction clears at price ceiling

Published 13:04 on July 2, 2026 / Last updated at 13:04 on July 2, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Transport & Heating Fuels)

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Germany's national emissions trading system (nEHS) held its first-ever auction of emissions allowances on Wednesday, with demand strong enough to trigger the scheme's price ceiling and double the volume of permits sold. Read More
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Euro Markets: Midday Update

Published 12:29 on July 2, 2026 / Last updated at 12:39 on July 2, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices traded within a steadily shrinking channel between two key technical levels on Thursday morning as trading activity continued to diminish in anticipation of the European Commission's unveiling of its ETS reform package in around two weeks. Read More
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DATA DIVE: Brazil leads the way in CDM transitional approvals, as one-quarter of eligible activities meet June deadline

Published 12:03 on July 2, 2026 / Last updated at 12:03 on July 2, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Insights (Analysis, Data Dives), International (Paris Article 6/PACM), Voluntary (VCM Developments)

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Brazil has approved nearly all of its eligible Clean Development Mechanism (CDM) activities to transition to Paris-era carbon crediting, far more than any other country, as around 25% of all potential projects that could have moved to the new system secured government approval in time. Read More
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First PACM carbon credits still face quality risks despite tougher accounting rules, says rating agency

Published 11:48 on July 2, 2026 / Last updated at 11:48 on July 2, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), International (Paris Article 6/PACM), Voluntary (VCM Developments)

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The first carbon credits approved for issuance under the Paris Agreement Crediting Mechanism (PACM) show that the UN's new system is improving the quality of legacy Clean Development Mechanism (CDM) projects through more conservative carbon accounting, but significant project-level risks remain, according to a new analysis. Read More
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Free EU ETS permits have stifled investments in green steelmaking, non-profit says

Published 11:48 on July 2, 2026 / Last updated at 11:48 on July 2, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Industrial Decarbonisation)

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The allocation of free allowances under the EU’s Emissions Trading System (EU ETS) has acted as a brake on decarbonisation investment by European steelmakers rather than a catalyst for action, according to a new briefing by Steelwatch. Read More
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Carbon standard finalises new bioCCS methodology in bid to align with EU carbon removal framework

Published 11:36 on July 2, 2026 / Last updated at 11:36 on July 2, 2026 / / CO2 Management (CCUS, Engineered Removals), EMEA (Europe), Nature-based Carbon (Other NbS), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Governance)

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Rainbow has finalised a methodology for biogenic carbon capture and storage (bioCCS) that directly incorporates requirements from the EU’s Carbon Removals and Carbon Farming (CRCF) regulation, marking one of the first voluntary carbon market methodologies explicitly designed around the bloc's emerging carbon removal certification framework. Read More
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Malawi eyes carbon markets to help fund its third climate plan

Published 11:18 on July 2, 2026 / Last updated at 11:18 on July 2, 2026 / / EMEA (Africa), International (Paris Article 6/PACM, UN Climate Talks), Net Zero Transition (Industrial Decarbonisation, Investment, Reporting & Disclosure, Power/Electrification, Transport & Heating Fuels)

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Malawi has highlighted carbon markets as one of the financing mechanisms it intends to use to implement a more ambitious third Nationally Determined Contribution (NDC), as the climate-vulnerable African nation seeks to bring in greater domestic and international support for emissions reductions. Read More