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Sustainability and carbon market news

Stay up to date with the latest sustainability news, carbon market insights, and environmental regulation updates shaping the future of business.

From companies' net zero journeys and ESG reporting to evolving frameworks like CSRD and SBTi, explore the trends and regulatory changes driving corporate sustainability worldwide.

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Carbon credits Google Decarbonisation
Google signs its largest rice methane credit deal

Google has agreed to buy 1 million carbon credits from rice methane developer Mitti Labs, the largest publicly announced deal of its kind. The four-year agreement runs through 2030 and funds a shift among smallholder rice farmers in India to alternate wetting and drying (AWD), an irrigation practice that cuts methane emissions from paddies. AWD periodically drains rice fields rather than keeping them continuously flooded. The change reduces methane emissions by around 50% and water use by nearly 40%, and holds yields steady. Continuously...

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Carbon credits Carbon markets Decarbonisation
How decarbonisation is becoming a competitive advantage

The financial case for decarbonisation is strengthening across major markets, and companies that move early can secure lasting cost advantages, according to McKinsey advisers. Their opinion piece, published on 9 September, finds that in certain...

Carbon credits Australia Decarbonisation
Australia’s coal sector leans on land-based credits

Australia’s coal mining sector will more than double its demand for carbon credits by the 2029-30 financial year, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). Net demand is projected to...

Carbon credits Nature market Decarbonisation
New buyers broaden the carbon removal market

Buyers recorded their strongest quarter yet for carbon dioxide removal (CDR) in the second quarter of 2026, committing to a record 2.1 million tonnes of carbon dioxide (MtCO2), according to a new market review from ClimeFi. The total marks an...

Carbon credits Net zero Decarbonisation
GHGP and ISO to unify corporate carbon accounting

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...

Carbon emissions Gold Standard Decarbonisation
Gold Standard's new framework tackles ongoing emissions

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...

Carbon credits Net zero Carbon markets Decarbonisation
Higher-integrity credits reshape the carbon market

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...

Net zero SBTi Decarbonisation
Updated SBTi standard signals rising credit demand

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...

Net zero Sustainability Decarbonisation
Carbon credit demand climbs as net-zero adoption soars, new report shows

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...

Net zero Business Decarbonisation
ISO opens consultation on first net zero standard

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...

Net zero SBTi Business Decarbonisation
SBTi launches new corporate net-zero standard

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,...

Carbon markets Carbon trading Decarbonisation
Carbon-credit market hits record $22 billion in forward commitments

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...

Paris Agreement Carbon trading Norway Decarbonisation
Morocco and Norway sign carbon market cooperation deal

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...

Governments Business Decarbonisation
Green Earth at ECS 2026: carbon markets, aviation, and the integrity agenda

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...

Asia SBTi Decarbonisation
Nearly 10,000 companies set validated climate targets, Asia leads the charge

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...

Coffee United Nations Vietnam Decarbonisation
Vietnam and UN partner up to decarbonise coffee landscapes in $102 million initiative

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...

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