The Greenhouse Gas Protocol (GHGP) and the International Organization for Standardization (ISO) will combine their carbon accounting standards into a single approach for companies to account for their emissions. Professionals analysing corporate...

The European Commission has published its long-awaited EU Emissions Trading System (EU ETS) review proposal, and the carbon market responded with a rebound. Following the announcement on 17 July 2026, EU Allowance (EUA) prices climbed by roughly €7,...

Gold Standard has introduced a new framework for organisations to take financial responsibility for the carbon emissions they continue to generate while they decarbonise. Ongoing Emissions Responsibility (OER) features in a report published on 24...

Spot prices for CORSIA-eligible credits jumped within days, as policymakers eased planned quality rules for the scheme’s first compliance phase and extended its role in international aviation policy through to 2035. The moves reverse months of...

The carbon market is being reshaped by a clear shift towards quality. Buyers are paying more for higher-integrity credits, the standards behind those credits are tightening, and new sources of demand are opening as corporate and compliance...

The first soil credits certified by a voluntary Japanese standard have sold at a premium, priced on the value of living ecosystems alongside the carbon they store. The credits changed hands at 20,000 Japanese yen ($124) a tonne of CO₂ equivalent...

Microsoft's total emissions reached 20.29 million tonnes of carbon dioxide equivalent in its 2026 Environmental Sustainability Report, a 25% rise from the 16.2 million tonnes recorded the previous year. The increase raises challenges for the...

Kazakhstan has established a legal basis for taking part in Article 6 of the Paris Agreement, opening the way for the country to trade carbon credits internationally. President Kassym-Jomart Tokayev signed a package of amendments to Kazakhstan’s...

Google has reaffirmed its 2030 net-zero target, while admitting in the same report that artificial intelligence (AI) is making the path to that target "more complex and challenging than ever". Aerial view of a Google data center powered by nearby...

The Philippines has adopted a national policy for nature-based solutions (NbS), establishing a framework to scale ecosystem restoration across the country and naming carbon finance among its funding sources. Local community members planting mangrove...

The 2026 FIFA World Cup could generate over 9 million tonnes of carbon dioxide equivalent (CO₂e), according to a new report from the New Weather Institute. The projection would make the tournament the highest-emitting World Cup on record, roughly...

Biochar is gaining traction as a scalable carbon sequestration tool within the verified carbon market. New data from Argentina and a newly inaugurated plant in Cote d'Ivoire show both the scale of the opportunity and its growing real-world...

The Carbon Markets Association of India (CMAI) has launched a marketplace for Article 6 of the Paris Agreement. The platform gives organisations a single point of access for participating in international carbon markets. A man participating in the...

The Science Based Targets initiative (SBTi) expects a significant rise in demand for carbon credits, following the launch of an updated Corporate Net-Zero Standard. SBTi chief executive David Kennedy said companies that help fund carbon market...

Carbon credit retirements have accelerated across multiple distinct market segments, with a landmark US energy company transaction, a milestone for the carbon dioxide removal (CDR) sector, and compliance-driven activity in South Africa providing a...

Corporate climate commitments among the world’s largest companies have tripled since 2019, with nearly three-quarters of Fortune Global 500 (FG500) companies now holding at least one sustainability target, according to new research. Company managers...

The International Organization for Standardization (ISO) has launched a 12-week public consultation on ISO 14060—the Net Zero Aligned Organizations Standard. The draft is the world’s first international, independently verifiable standard designed to...

Amazon has opened its carbon credit platform to qualified businesses in the United Kingdom, marking the first international expansion of the programme since its US launch in 2025. A professional workspace featuring the Amazon Sustainability Exchange...

The Science Based Targets initiative (SBTi) has published its Corporate Net-Zero Standard Version 2.0 (CNZS2), the most comprehensive update to its corporate net-zero framework to date. The standard formally recognises the use of carbon credits,...

Ukraine has approved a regulatory framework for the international issuance and transfer of carbon credits under Article 6 of the Paris Agreement. The cabinet of ministers adopted the measure on Wednesday, giving the country its first formal legal...

IATA has launched the Supporting Alliance for CORSIA EEU Supply, a new coalition tasked with resolving a growing shortage of eligible carbon credits under the aviation sector’s international carbon compensation scheme. Aerial view of a busy...

Thailand’s national carbon body has launched a centralised digital platform to connect private developers with government land management agencies on forestry-based carbon projects. A researcher reviewing satellite forest mapping data on a tablet...

The UK government has published its proposed seventh Carbon Budget, targeting an 87% reduction in carbon emissions from 1990 levels during the 2038 to 2042 period. Electric vehicles charging at a modern UK station powered by nearby wind turbines and...

The Democratic Republic of Congo (DRC) is set to introduce Lumiere, its new national carbon registry, at the 8th Global Environment Facility Assembly in Samarkand, Uzbekistan, in June. Full operation of the platform is expected later in 2026,...

The European Commission has published updated guidance on the Carbon Border Adjustment Mechanism (CBAM), clarifying key requirements for importers as the regulation has reached the point of full implementation on 1 January 2026. An active European...

The Indonesian Ministry of Forestry has issued Regulation No. 6/2026, a new framework designed to expand access to the country’s forestry carbon market, simplify trading procedures, and increase the supply of high-integrity carbon credits. Aerial...

Public revenues from carbon pricing reached $107 billion in 2025, tripling over the past decade, according to the World Bank's State and Trends of Carbon Pricing 2026 report. A biodiverse rainforest illustrating nature-based carbon credits. AI...

Capital committed and deployed into the global carbon-credit market reached $22 billion in 2025, according to MSCI Carbon Markets data. That figure represents a 72% increase on 2024 and more than five times the levels recorded in 2021. The growth is...

The Science-Based Targets Initiative (SBTi) will release guidance on the use of carbon credits and market mechanisms by the end of 2026's follow-on year, as part of a newly published strategy covering the 2026–2030 period. A man reviewing ESG data...

Morocco and Norway have signed a new cooperation agreement on carbon markets, setting out a framework for joint emissions-reduction projects and renewable energy investment. Moroccan and Norwegian officials engaging in a formal agreement, with a...

Spanish lender CaixaBank has launched a carbon credit trading platform aimed at corporate clients, giving businesses a single channel through which to compensate for hard-to-abate emissions in their value chain. CaixaBank executives reviewing...

The European Commission has opened a public consultation on draft rules clarifying how carbon prices paid outside the European Union will reduce importers' obligations under the Carbon Border Adjustment Mechanism (CBAM). The proposal recognises, for...

Two new studies have delivered urgent findings about the world's most important rainforests, and the conclusions point in the same direction. Deforestation and inadequate land management are pushing both the Amazon and the Congo Basin closer to...

Japan and Vietnam have formally updated their Joint Crediting Mechanism (JCM) agreement to align with Article 6 of the Paris Agreement, the international framework governing carbon market cooperation between countries. Japanese and Vietnamese...

New Zealand has released a new assurance framework to support the development of verified nature and carbon markets domestically, giving buyers, landowners, and project developers greater confidence in market integrity. Environmental workers...

A coalition of major coffee traders and roasters has launched a satellite-based mapping initiative designed to help companies meet the requirements of the EU Deforestation Regulation (EUDR). The Coffee Canopy Partnership includes JDE Peet's, Tchibo,...

TotalEnergies recorded its highest first-quarter carbon credit expenditure since entering the market in 2021, spending $28 million in the first three months of 2026, according to the French energy company's Q1 earnings report. A family in rural...

The Science Based Targets initiative (SBTi) has revised the Absolute Contraction Approach (ACA), the methodology companies use to calculate near-term emissions reduction targets. The update brings the method into line with the direction proposed for...

Kenya has launched the Biodiversity Finance Initiative (BIOFIN) in partnership with the United Nations Development Programme (UNDP), positioning the country's natural ecosystems as productive economic assets rather than environmental liabilities....

South Korea is making a concerted push to develop its domestic verified carbon market, pairing new institutional infrastructure with planned legislation to bring structure and scale to carbon credit activity in the country. The Korean Voluntary...

Climate Impact Partners, Green Earth, and a multinational pharmaceutical company today announced a long-term offtake agreement for the full volume (in excess of 1.5 million tonnes) of expected verified carbon credits from the Mount Kenya...

Green Earth attended the European Climate Summit (ECS) 2026, where speakers from across the energy, finance, and policy sectors gathered to discuss the evolving role of carbon markets. Several sessions stood out for their relevance to the verified...

Australian facilities covered by the Safeguard Mechanism (SGM) surrendered significantly more carbon credits in the 2024–2025 financial year, with demand rising 52% compared to the previous year. An industrial worker and an office professional...

Amazon Web Services (AWS) retired 156,000 tonnes of carbon dioxide equivalent (tCO2e) in carbon credits within a single week, making it one of the most significant single-period retirement events recorded on the American Carbon Registry (ACR). The...

The UK's Department for Science, Innovation and Technology (DSIT) is procuring carbon credits to address the embodied emissions from constructing a new headquarters for the European Centre for Medium-Range Weather Forecasts (ECMWF). The department...

The voluntary carbon market opened 2026 with a clear signal: buyers are choosing quality over quantity. New data from carbon market analytics firm Sylvera shows that credit retirements fell 8% year on year in Q1 2026, reaching 51 million from 55.3...

Corporate sustainability target-setting is accelerating. New data from the Science Based Targets initiative (SBTi) shows that the number of companies with validated science-based targets grew by 40% in 2025, reaching 9,764 by year-end. The milestone...

Japan is stepping up its blue carbon activity on two fronts. The country's Ministry of Environment (MoE) has announced a JPY300 million ($1.9 million) subsidy programme for seaweed-based carbon removal projects, and a Japanese developer has signed a...

Norway and Pakistan have formalised a bilateral cooperation agreement on carbon markets under Article 6.2 of the Paris Agreement, marking Pakistan's first such deal. Norwegian and Pakistani business leaders discuss sustainable agriculture projects...

Tokyo's carbon credit programme enters a new phase in the fiscal year 2026 (FY2026), with the Tokyo Metropolitan Government (TMG) opening applications for its Carbon Credit Utilisation Promotion Project. The scheme, first introduced in FY2025,...

A study published in Communications Earth & Environment on 18 March 2026 has offered the first detailed assessment of how beavers influence carbon dynamics in the landscapes they inhabit. The findings add a new dimension to the science of...

Three of Europe's largest energy companies—Eni, TotalEnergies, and Engie—posted record carbon credit activity in 2025, with nature-based solutions (NbS) at the centre of each company's strategy. The announcements, each disclosed in annual ESG or...

Two developments this week point to a carbon border landscape that is gaining both regulatory depth and global reach. In Brussels, a draft regulation proposes recognising Article 6 carbon credits under the EU's Carbon Border Adjustment Mechanism...

Sustainable Aviation, the UK aviation industry coalition, has announced a commitment of more than $2.5 million (£2 million) in Greenhouse Gas Removal (GGR) credits. The move is designed to accelerate the early-stage development of this emerging...

The Council of the European Union has formally approved an amendment to the EU environmental law, setting a legally binding target to reduce net greenhouse gas (GHG) emissions by 90% by 2040 against 1990 levels. The decision marks the final...

The Science Based Targets initiative (SBTi) has published Version 1.2 of its Forest, Land and Agriculture (FLAG) Science-Based Target-Setting Guidance. The update takes effect immediately and applies to all companies required to set FLAG targets...

Europe's independent environmental science advisers have called for the EU to begin preparations to include agriculture in its emissions trading framework without further delay. The European Scientific Advisory Board on Climate Change, the bloc's...

Indonesia has established a greenhouse gas emissions baseline for its seagrass ecosystems, marking a significant early step in the development of a blue carbon framework for the country's marine and fisheries sector. Indonesian seagrass meadows...

The Belgrade Stock Exchange is developing a carbon trading system designed to support domestic companies navigating increasingly stringent European emissions requirements. According to Chief Executive Lazo Ostojić, the initiative mirrors the...

Bolivia is preparing to publish its national carbon market regulatory framework by the end of April 2026. The announcement was made by Jorge Avila, Vice Minister for Environment, at the Bolivia Carbon Forum in Santa Cruz de la Sierra. Bolivian...

Forest degradation—the partial damage of forested areas—is responsible for more forest carbon loss across the tropical belt than outright deforestation. Until now, Verra's REDD+ (Reducing Emissions from Deforestation and Forest Degradation)...

Mercedes AMG Petronas F1 Team has announced a partnership with a UK-based carbon dioxide removal (CDR) portfolio manager, to broaden its CDR activities as part of a broader net-zero strategy. Mercedes AMG Petronas F1 Team with their car on the...

South Korea’s carbon market is entering a decisive period in 2026, marked by tightening supply in its compliance system and parallel efforts to expand carbon trading into marine ecosystems. Diver inspecting a South Korean seaweed farm, monitored by...

The voluntary carbon market (VCM) is currently undergoing a structural shift toward high-integrity assets, and a recent development in Nigeria marks a pivotal moment in this transition. For the first time, the US-based standard Verra has issued...

Kenya has taken a significant step toward strengthening its role in international carbon markets with the launch of a national carbon registry aligned with Article 6 of the Paris Agreement. View through the window of Kenya’s reforestation efforts,...

The voluntary carbon market (VCM) enters 2026 on a more resilient footing, shaped by a year of political headwinds, regulatory breakthroughs, and a decisive shift toward integrity-led growth. View from modern office buildings over a lush green...

Egypt has introduced mandatory carbon reporting and offsetting requirements for large non-bank financial institutions, formally embedding environmental risk into financial supervision. An over-the-shoulder view of businessmen working in an office at...

The European Commission has adopted the first certification methodologies under the Carbon Removals and Carbon Farming (CRCF) Regulation, establishing what it describes as the world’s first voluntary standard dedicated to permanent carbon removals....

Thailand is set to introduce exchange-based trading of carbon credits following approval from the Ministry of Finance to list them on the Thailand Futures Exchange (TFEX), marking a significant development in the country’s financial and...

A major international scientific assessment endorsed by more than 150 governments has concluded that biodiversity loss now presents a systemic risk to economies, supply chains and financial systems. The new Business and Biodiversity Assessment by...

A native afforestation project designed to restore habitat for Australia’s endangered koala has secured a notable premium in its first reported carbon credit transaction. Koala calmly resting on a tree, surrounded by the lush greenery of an...

Carbon dioxide removal and utilisation technologies are receiving renewed attention as major philanthropic backers seek to accelerate their path to commercial scale. This week, the Bezos Earth Fund announced a new funding programme designed to...

Germany’s ability to meet its legally binding net-zero target by 2045 will depend heavily on how quickly and decisively it scales up carbon dioxide removal (CDR), according to a new analysis by Carbon Gap and engineering consultancy Sweco. Under...

The UK Civil Aviation Authority (CAA) has set out a new framework encouraging airlines, travel agents and flight comparison platforms to provide passengers with consistent greenhouse gas (GHG) emissions information at the point of booking. Under the...

Carbon markets continue to play an important, if still emerging, role in mobilising private finance for nature-based solutions (NBS), according to a new report from the UN Environment Programme (UNEP), ‘State of Finance for Nature 2026: Nature in...

In a strategic move to align agricultural exports with global environmental standards, the Vietnamese government has unveiled a $102 million landscape restoration program. Known as the Recaf project, the initiative is a tripartite collaboration...

Project-based carbon credit trading was valued at between $800 million and $900 million in 2025, according to updated findings from an annual survey by Climate Focus, underscoring the continued recalibration of voluntary carbon markets amid pricing...

In a landmark development for nature-based finance, a South African grassland restoration initiative has successfully issued the world's first carbon credits to carry the Climate, Community and Biodiversity (CCB) label under Verra’s updated VM0042...

The voluntary carbon market (VCM) has entered a definitive phase of price discovery, where the financial distance between high- and low-integrity credits is expanding. According to ‘The State of Quality and Pricing in the VCM: 2026’, a joint report...

The landscape of corporate responsibility has reached a decisive turning point. As of January 2026, the Science Based Targets initiative (SBTi) has officially validated the environmental goals of 10,000 companies worldwide. This milestone marks a...

In a decisive move to modernise its Environmental, Social, and Governance (ESG) landscape, the Chinese government has introduced a new national standard for corporate environmental reporting. Titled the Corporate Sustainable Disclosure Standard No....

In a significant expansion of its environmental portfolio, Microsoft has finalised a nine-year agreement to purchase 2 million nature-based carbon removal credits from a forestry initiative in Northern Uganda. Microsoft has long recognised that...

In the rapidly evolving landscape of environmental finance, a significant shift toward quality over quantity is reshaping the voluntary carbon market (VCM). Recent data from independent ratings agency BeZero Carbon suggests that the market is...

As the calendar turns to 2026, the Australasian carbon markets are entering a pivotal phase of structural adjustment. In Australia, the convergence of tightening regulatory baselines and new contractual flexibilities is creating a complex...

In a year that tested the resilience of global green finance, the primary carbon offset market has emerged stronger and more focused, expanding by an impressive third to reach a $15.8 billion valuation in 2025. New data reveals a significant...

As 2025 draws to a close, the voluntary carbon market is entering a more defined and deliberate phase of development. After years of rapid expansion, the market has become more discerning, placing greater value on credibility, long-term impact, and...

Verra has marked a significant milestone in the voluntary carbon market with the issuance of its first carbon credits labelled under the Core Carbon Principles (CCP) using the Improved Forest Management (IFM) methodology VM0045. The issuance follows...

Sri Lanka has taken a notable step towards strengthening its waste management capabilities with the launch of the Green Wheels Plastic Collection Project, a collaboration between Green Earth Group and Eco Spindles. Introduced at the Monarch Imperial...

Xpansiv is set to expand its digital infrastructure into one of the UK’s most challenging sustainability-related sectors, after being chosen by energy efficiency certification agency Quidos to build a dedicated carbon registry for the country’s...

November saw renewed momentum in nature-based carbon removals, with project developers reporting substantial transaction volumes and new funding commitments despite a slowdown in equity activity. Data shows that developers disclosed around 670,000...

A new initiative is taking shape in the voluntary carbon market as a group of industry specialists moves to establish a buyer-driven coalition aimed at scaling finance for projects that target companies known as super pollutants. These...

Inter IKEA Group has taken a significant step in advancing its long-term carbon removal strategy by initiating its first large-scale nature-based carbon dioxide removal (CDR) project. Developed as part of the company’s global $108 million commitment...

The COP30 environmental summit in Belém, Brazil, closed with a marked uptick in carbon market activity and clarity on where the global sustainability process will head next year. New data shows that announcements made in the weeks surrounding the...

Honda has taken another step in its long-running engagement with US agricultural communities by purchasing 1,800 soil carbon removal credits from a major developer of regenerative agriculture projects. The deal highlights the growing interest among...

Europe’s leading luxury brands are moving to overhaul how environmental information is gathered across fashion supply chains, launching a coordinated effort to replace today’s fragmented reporting landscape with a single, streamlined system. Under a...

The cement and concrete sector has made notable progress in reducing its environmental impact over the past three decades, cutting CO₂ emissions per tonne by 25% since 1990. However, a new analysis from the Global Cement and Concrete Association...

As COP30 drew to a close, Amazon has reaffirmed its commitment to afforestation, reforestation and revegetation (ARR) as a core pillar of its carbon removals strategy, signalling continued confidence in nature-based solutions even as debates around...

As COP30 convenes in Belém, Brazil—on the edge of the Amazon rainforest—delegates arrived with extreme weather fresh in mind. The recent typhoons in Southeast Asia, together with ongoing storm recovery in Jamaica and Brazil, brought COP30’s core...

EU carbon prices could surge to as much as €130 per tonne by 2028, setting the stage for a significant expansion in carbon capture, utilisation, and storage (CCUS) across heavy industry, according to the latest Carbonomics report from Goldman Sachs....

The latest edition of Accenture’s Destination Net Zero study shows that momentum toward value-chain decarbonisation is picking up again among the world’s largest companies. After a stall in 2024, new net zero targets are rising across...

Nigeria has taken a decisive step toward shaping its participation in global carbon markets with the release of its National Carbon Market Framework (NCMF) and the accompanying Manual of Procedures (MoP). The newly approved documents outline a...

The Science Based Targets initiative (SBTi) has unveiled the second draft of its revised Corporate Net-Zero Standard (CNZS), introducing a new framework that could reshape how companies account for ongoing emissions. The draft, known as CNZS V2, is...

European Union officials have reached a landmark political agreement on the bloc’s 2040 environmental framework, setting a collective ambition to cut net emissions by 90% from 1990 levels and defining how international carbon credits may contribute...

South Korea’s Gyeongbuk Province has entered into a landmark agreement with Mongolia to jointly advance carbon reduction projects under the Paris Agreement’s Article 6 mechanism. The move marks the first time a South Korean local government has...

A new UN report suggests that carbon pricing could serve as a powerful catalyst for sustainable growth in small island developing states (SIDS), provided it is adapted to their specific economic conditions and integrated into broader national...

As global efforts to reach net-zero emissions accelerate, a new analysis from AlliedOffsets highlights the immense scale of investment required to make carbon removal a viable pathway toward environmental targets. Aerial view of a large BECCS...

The UK could soon require airlines to purchase carbon dioxide removal (CDR) credits under a binding compliance mechanism, according to a comprehensive review of the country’s greenhouse gas removal (GGR) policies. The independent review, led by...

A coalition of 30 institutional investors controlling over $3 trillion in assets is demanding urgent policy measures to halt deforestation and ecosystem loss by 2030, warning that the world’s economies face mounting financial risks from unchecked...

European Union leaders have agreed that international carbon credits should play a role in the bloc’s upcoming 2040 environmental target, marking a pivotal moment for future demand in the carbon market. However, the final target level remains...

A new report by researchers at the University of Cambridge finds that nature-based carbon removals can play a key role in achieving long-term temperature stabilisation when combined with engineered carbon removal approaches and supported by solid...

Switzerland may need to significantly expand its purchases of international carbon credits in the next decade to stay aligned with its long-term environmental goals, according to the KliK Foundation, which manages the country’s carbon offset...

Italy has taken a decisive step toward integrating nature conservation with market mechanisms by launching a national registry for voluntary carbon credits. The initiative aims to protect the country’s ten million hectares of forests and ensure...

Singapore has signed a new implementation agreement with Mongolia to generate carbon units (also known as carbon credits) under Article 6 of the Paris Agreement, marking its tenth such deal. The city-state’s expanding portfolio targets partnerships...

Chile is moving closer to joining the global carbon trading arena by finalising a new regulation under Article 6 of the Paris Agreement. The measure will establish a national CO₂ registry and provide the foundation for international carbon credit...

A European project has achieved a market first by issuing verified CO₂ removal credits (CDRs) from asphalt enhanced with biochar, with prices exceeding €300 ($347) per tonne of CO₂ equivalent. The credits were certified under the Finland-based...

Taiwan and Paraguay have formalised a new partnership to collaborate on carbon credit trading under Article 6 of the Paris Agreement, strengthening their joint commitment to meet UN green targets. Panoramic view of Paraguay’s rainforest with...

New York Climate Week 2025 delivered an unexpectedly structured and cautiously optimistic picture of environmental action, drawing roughly 100,000 attendees across some 1,000 events. Rather than a reprise of hand-wringing, discussions reflected an...

The global carbon market saw a record number of forward-delivered contracts in the third quarter of 2025, marking a rebound in activity and investor confidence. Data shows 65 forward offtake deals were publicly announced during Q3, up from 48 in Q2,...

Cuba has taken a significant step in its environmental policy by introducing a legal framework to regulate both voluntary and compliance carbon markets. The new measures are designed to position the country as an active participant in the Paris...

Uganda has endorsed a new national framework aimed at reversing decades of forest loss while opening pathways for sustainable economic growth through carbon crediting. Scenic green forest in Uganda. AI generated picture. The National Strategy on...

Brazil has taken a significant step in global forest protection by becoming the first nation to invest in the newly created Tropical Forests Forever Facility (TFFF). President Luis Inácio Lula da Silva announced the $1 billion investment during the...

A new survey shows that family offices are accelerating their commitment to environmental, social, and governance (ESG) investments, with Hong Kong emerging as a focal point for sustainable wealth management. Family office meeting in Hong Kong with...

The biochar carbon removal (BCR) market is undergoing a rapid transformation in 2025, with demand surging to unprecedented levels. In just the first six months of the year, companies contracted 1.6 million tonnes of biochar credits—more than the...

Australia has unveiled its updated environmental target under the Paris Agreement, committing to cut greenhouse gas emissions by 62%–70% from 2005 levels by 2035. The new pledge builds on its 43% reduction target for 2030 and highlights the role of...

China’s nationwide emissions trading system (ETS) is expected to undergo a dramatic expansion over the next five years, according to a new report by the World Economic Forum (WEF) and Bain & Company. The analysis suggests the market could grow to as...

Mexico is preparing to relaunch its national carbon market with an ambitious plan that combines unlimited use of carbon offsets under its emissions trading system (ETS) and the creation of a new national registry to strengthen transparency and...

Beginning in 2026, companies operating in Spain will be required to disclose their Scope 1 and Scope 2 emissions, based on 2025 data. The new rule is the central feature of Spain’s just-launched environmental emergency plan, a wide-ranging strategy...

Brazil is moving forward with plans to establish a national carbon registry within the next 15 months, a move set to underpin its upcoming emissions trading system (ETS), the Sistema Brasileiro do Comércio de Emissões (SBCE). The registry will serve...

Corporate environmental ambition is rapidly intensifying worldwide, with the number of companies committing to both near-term and net-zero science-based targets more than tripling in just 18 months. According to the Science-Based Targets initiative...

The International Air Transport Association (IATA) has sharply revised its forecast for airlines’ carbon credit requirements under the current phase of CORSIA, the aviation sector’s global decarbonisation scheme. According to the updated outlook,...

Netflix has entered into a 15-year agreement to purchase verified carbon credits from the American Forest Foundation (AFF), backing an ambitious reforestation initiative across the southern United States. Two people watching TV in their apartment...

The UK government has released its Greenhouse Gas Removals (GGR) Business Model, a long-anticipated framework aimed at scaling up carbon removal technologies and supporting the country’s net-zero strategy. Published in August, the plan sets out...

Verra, the world’s largest environmental standards body, has teamed up with S&P Global Commodity Insights to build a new generation carbon registry. The initiative is designed to strengthen transparency, scalability, and trust in carbon...

China is preparing to overhaul its national carbon market by introducing absolute emission caps in selected industries starting in 2027. The move, announced by the State Council on 25 August, represents a major departure from the current system,...

South Korea is moving forward with plans to establish a voluntary carbon market exchange, with the launch targeted for later this year. The initiative, announced by the Ministry of Economy and Finance, is designed to boost demand for carbon credits...

Singapore has signed its eighth international carbon trading agreement under Article 6 of the Paris Agreement, this time with Thailand. The deal, announced at the Singapore Regional Business Forum in Bangkok, marks the first such partnership between...

Brazil’s federal government is making $3 billion (BRL 16.5 billion) in subsidised funds available to banks under the second phase of its EcoInvest programme, aiming to restore 1.4 million hectares of degraded land nationwide. The funding will act as...

The Australian state of Victoria has introduced a new funding initiative to encourage landowners to develop forestry projects capable of generating carbon credits. Announced on 4 August, the Victorian Trees on Farms Programme (VTOF) offers financial...

Washington State’s carbon offsets with direct environmental benefits to the state (DEBS) are forecasted to surpass $100 per tonne of CO₂ equivalent (tCO₂e) in the early 2030s under a base scenario, according to new analysis from cCarbon. The...

The carbon offset market is entering a new chapter, marked by higher quality, greater transparency, and stronger alignment with corporate net-zero ambitions. While demand slowed after 2021 due to questions over the credibility of some projects, the...

The European Union could substantially increase resources for environmental initiatives by reforming how it prices aviation under the EU Emissions Trading System (EU ETS), according to new research commissioned by Carbon Market Watch and conducted...

A new market analysis from UK-based nature restoration investor Oxygen Conservation forecasts a sharp rise in the value of premium UK carbon credits, with prices potentially reaching $672 (£500) per tonne by 2050. Kielder Forest, the UK’s largest...

South Africa has unveiled a revised draft of its Nationally Determined Contribution (NDC), introducing a new emissions target for the 2031–2035 period. This latest environmental commitment reflects a roughly 10% reduction compared to the 2026–2030...

A growing body of research is reaffirming what leading carbon project developers already know: The social integrity of greenhouse gas programmes is as vital as their ecological performance. A new paper by the Center for International Forestry...

The Science Based Targets initiative (SBTi) has unveiled its much-anticipated Financial Institutions Net-Zero Standard, a new framework designed to help the finance sector align with the global transition to a net-zero economy. This marks the first...

Turkey has unveiled its long-anticipated draft regulation for a national emissions trading system (ETS), laying the groundwork for a phased rollout of the scheme for high-emitting sectors that includes offset use up to 10% and sector-specific...

The Science Based Targets initiative (SBTi) is intensifying efforts to finalise the much-anticipated update to its Corporate Net-Zero Standard (CNZS 2.0)—a major framework overhaul expected to shape global environmental initiatives—scheduled for...

The UK is set to become the first country to formally integrate carbon removals into a regulated compliance market, marking a significant shift in environmental policy that could reshape the economics of the carbon market. By 2029, carbon removal...

The cost of carbon credits under the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) could spike to as much as $60 per tonne of CO₂ equivalent (tCO₂e) during the current compliance phase, according to new analysis by...

The Science Based Targets initiative (SBTi) has issued a fresh set of guidelines to support companies revisiting their science-based emissions targets, a key requirement under the initiative’s Corporate Net-Zero Standard (CNZS). The move comes as...

Nestlé has inked two long-term agreements to purchase carbon credits from afforestation and regenerative agriculture projects in Brazil, strengthening its strategy to decarbonise supply chains and restore ecosystems critical to cocoa production....

The European Commission (EC) has unveiled a new environmental proposal that could significantly reshape the voluntary carbon market landscape. If adopted, the European Union could become the world’s largest buyer of UN-recognised carbon credits,...

The European Commission has released a strategic blueprint to guide the development of a framework for nature and biodiversity credits across the European Union. This initiative will run in parallel with existing carbon market policies but is...

A new report by SCB Group reveals that the voluntary carbon market (VCM) is entering a period of renewed activity, spurred by regulatory momentum and shifting demand patterns. Covering the second quarter of 2025, the report highlights a notable 28%...

Uzbekistan has introduced a new law that paves the way for the creation and international trade of carbon credits, marking a significant step in the country’s environmental policy. Signed by President Shavkat Mirziyoyev, the ‘Law on Limiting...

Global carbon markets are on track for a dramatic transformation, with combined investment in carbon capture, utilisation and storage (CCUS) and carbon offsets projected to exceed $1 trillion by 2050, according to a new analysis by consultancy Wood...

A new government-led initiative has been launched by Singapore, the United Kingdom, and Kenya to accelerate the development of voluntary carbon markets and provide clear, cross-border standards for their use. Three young trees and three businessmen...

Chile is preparing to implement its first homegrown carbon offset methodology under the country’s carbon tax system, with a new pilot project designed to replace traditional wood-burning heaters with energy-efficient split air conditioning units in...

The European Commission has formally proposed a binding environmental target for 2040: a 90% net reduction in greenhouse gas emissions compared to 1990 levels. The move is a key milestone in the EU’s broader strategy to achieve carbon neutrality by...

Carbon credit retirements soared to a record-breaking 95 million in the first half of 2025, marking a pivotal moment in the voluntary carbon market’s evolution. The surge underscores growing demand for high-quality offsets and increasing alignment...

Microsoft has strengthened its position as a leader in nature-based carbon removals by signing a new agreement with Anew Climate and Aurora Sustainable Lands. The 10-year contract secures 4.8 million tonnes of carbon removal credits generated...

ByteDance, the parent company of TikTok, has taken a major step towards its environmental goals by purchasing over 100,000 premium carbon credits through Rubicon Carbon, a California-based green tech platform. The agreement gives ByteDance the right...

Meta, the tech company behind Facebook, Instagram, and WhatsApp, has opened its 2025 Request for Proposals (RfP) as part of its ongoing mission to reach net-zero greenhouse gas (GHG) emissions across its value chain by 2030. Two businessmen are...

Singapore has released a draft guidance document aimed at bringing greater clarity and standardisation to how companies within its jurisdiction use voluntary carbon credits. The move signals a step forward in the city-state’s commitment to...

Kenya has taken a significant step in aligning its carbon market infrastructure with international frameworks by releasing a draft regulation for a national carbon registry. The proposed digital system is designed to support the implementation of...

Carbon prices in the EU Emissions Trading System (EU ETS) saw a 7% rise in May, bolstered by heightened gas market volatility, renewed discussions on EU-UK ETS integration, and the launch of futures for the upcoming ETS2 market. Low-angle wide shot...

Brazil has reached a new milestone in the carbon markets with the country’s first issuance of soil carbon credits under Verra’s VM0042 methodology, a development that signals growing momentum for agriculture-based removals in emerging markets....

TikTok has launched a new partnership with carbon intelligence company Scope3 to help advertisers track and reduce the environmental impact of their campaigns. The collaboration provides a data-driven approach to measuring carbon emissions from ad...

Australia’s carbon market is off to a robust start in 2025, with a record number of Australian Carbon Credit Units (ACCUs) traded in the first quarter, and Queensland stepping up to drive future supply through a major funding round. A koala resting...

Argentina has officially opened the doors to its first carbon credit exchange, marking a significant move in the Latin American carbon market. The Bolsa Argentina de Carbono (BACX) began operations nearly 18 months after its initial announcement at...

Kenya is preparing to release three new environmental regulations aligned with Article 6 of the Paris Agreement by the end of this year, a move that could reshape its position in global carbon markets and open new avenues for bilateral cooperation....

A major blue carbon project in Mozambique has reached a significant milestone with the planting of 10 million mangrove trees across 1,300 hectares of coastal wetlands. The announcement was made at the UN Ocean Conference in Nice, France, marking a...

This year at the Dutch Blockchain Week 2025, held from 19 to 25 May in Amsterdam, Carbify was awarded the Best BCNL Community Award, acknowledging its focus on transparency and environmental engagement within the Web3 space. A drone flying over...

Meta and Microsoft have committed to purchasing nearly 1.4 million carbon removal credits from a forestry project on Washington State’s Olympic Peninsula, marking a significant investment in nature-based solutions. The initiative is designed to...

The voluntary carbon market (VCM) is undergoing a strategic transformation. According to the latest State of the Voluntary Carbon Market 2025 report by Forest Trends’ Ecosystem Marketplace, carbon credit trading volumes dropped 25% in 2024. Despite...

The World Bank’s Multilateral Investment Guarantee Agency (MIGA) has introduced a new insurance framework designed to reduce investor risk in the UN’s emerging carbon market under Article 6 of the Paris Agreement. This marks a significant move to...

In 2024, Saudi Aramco retired its highest number of carbon credits (mostly nature-based solutions-derived) to date, offsetting over 600,000 tonnes of carbon dioxide equivalent (tCO₂e) through a combination of crude oil cargo initiatives and broader...

The United Kingdom and European Union have unveiled a significant environmental collaboration: the formal linking of their respective Emissions Trading Schemes (ETS). The agreement, announced at the UK-EU Summit in London on 19 May, represents a...

Radisson Hotel Group has announced the debut of its first two Verified Net Zero hotels, setting a new benchmark for sustainable hospitality. Located in Manchester and Oslo, these properties have been verified by TÜV Rheinland to meet the Net Zero...

Demand is climbing fast for carbon credits tied to high-integrity reforestation and ecosystem restoration. Tech giants like Microsoft and Google are leading the charge, backing afforestation, reforestation, and revegetation (ARR) projects with price...

Microsoft has struck a major deal to secure 18 million carbon dioxide removal (CDR) credits, continuing its aggressive push to meet its 2030 carbon-negative target. The agreement, announced on 15 May, underscores Microsoft's leadership in the...

As the voluntary carbon market (VCM) shifts its focus to integrity and quality, a new analysis from carbon procurement platform Abatable finds that clean cookstove projects require enhanced budgets due to increased development costs, so buyers must...

More than 20 prominent organisations in the carbon market sector have issued a united call urging governments to create clear policy guidance that supports voluntary corporate environmental actions alongside national commitments under the Paris...

Australia is set to host its largest-ever forestry-based carbon project by land area, following the submission of a new application to the Clean Energy Regulator. The proposed Environmental Plantings (EP) initiative will span 30,000 hectares and...

In a move that underscores growing international cooperation on environmental action, Singapore and Rwanda have signed a bilateral agreement enabling the trading of carbon credits under the framework of the Paris Agreement. The deal, formalised on 6...

Australia’s carbon credit prices climbed to their highest levels in nearly four months on Monday, following the Labor Party’s strong performance in the federal election and Prime Minister Anthony Albanese’s re-election. Forestry workers planting...

The Voluntary Carbon Markets Integrity Initiative (VCMI) has introduced a new Code of Practice aimed at helping companies confront one of the most complex challenges in environmental reporting: reducing Scope 3 emissions across their value chains....

Kenya has outlined a new national strategy that will require $45 billion in international support—largely through carbon trading and investment—to meet its updated emissions reduction goals for the 2031–2035 period. An African woman prepares a meal...

A new $200 million fund backed by Japanese capital is set to acquire and manage forestland across the United States, with the goal of generating both carbon credits and sustainable timber revenues. The fund, launched through a partnership between a...

In a significant move to safeguard its environmental ambitions, the Dutch government has pledged €639 million ($726 million) to the Aramis carbon capture and storage (CCS) initiative—the Netherlands' largest project of its kind. The funding aims to...

Lithuanian regenerative agriculture firm InSoil has announced the launch of a €50 million private credit fund aimed at helping European farmers transition to environmentally-friendly agricultural practices. Backed by a €20 million investment from...

Microsoft has significantly expanded its carbon removal portfolio in 2024, making waves with a trio of deals that together represent one of the largest commitments to engineered carbon removal to date. These agreements, spanning reforestation,...

Pakistan has taken a significant step in entering global carbon markets by granting its first-ever approvals under Article 6 of the Paris Agreement to two distinct carbon projects. The approvals mark a new chapter in the country’s environmental...

Apple significantly increased its use of carbon credits in 2024, retiring 737,100 tonnes of CO₂ equivalent—its highest level on record. These offsets were applied to its corporate carbon footprint, which includes emissions from direct operations,...

Vietnam is moving closer to finalising the rules for its upcoming emissions trading scheme (ETS), and early signals suggest the government is leaning toward increased flexibility for participating companies. Entities covered under the scheme may be...

Brazil has announced a significant new push in its ongoing Amazon Restoration programme, opening a $26 million (BRL150 million) public call to fund reforestation projects in Indigenous territories. This marks the third such call since the...

A newly introduced US bill—the Foreign Pollution Fee Act of 2025—could shift international trade norms by tying import fees to the carbon intensity of foreign goods. Senators Bill Cassidy and Lindsey Graham are proposing legislation that aims to...

Chile’s carbon tax framework witnessed a dramatic increase in offset usage last year, with companies retiring over 4.4 million carbon credits in 2024—marking a sharp rise from just 260,000 tonnes in 2023, which was the policy’s inaugural year....

Petrobras and Brazil’s National Development Bank (BNDES) have announced the launch of ProFloresta+, a pioneering reforestation and carbon credit initiative designed to restore 50,000 hectares of degraded land in the Amazon rainforest. A forest...