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Carbon Market
July 02, 2025
EU considers non-EU carbon credits in push for 90% emissions cut by 2040
The European Commission is expected to unveil its 2040 climate target on July 2. The proposal includes a controversial move to allow EU member states to use international carbon credits.
June 25, 2025Singapore, UK, Kenya launch first government-led alliance for voluntary carbon markets
To encourage greater corporate participation in voluntary carbon markets, the governments of Singapore, the United Kingdom, and Kenya have launched the Coalition to Grow Carbon Markets, the first government-led initiative of its kind.
June 12, 2025Vietnam launches emissions trading pilot amid doubts over effectiveness
Vietnam has taken a significant step in developing its carbon market, unveiling pilot emissions trading plans for three major carbon-intensive industries.
June 04, 2025Voluntary carbon market hits 6 year low, but demand signals underlying strength
The non-profit Ecosystem Marketplace (EM) released its latest research on May 29, revealing that the voluntary carbon market (VCM) has reached its lowest transaction volume in six years.
May 08, 2025Verra launches new method to turn early coal plant closures into carbon credits
Verra, an international carbon credit verification body, announced a new certification methodology that allows emissions reductions from early coal plant shutdowns to be converted into carbon credits.
April 16, 2025Microsoft invests in CO280 to remove 3.7 million tons of carbon from paper mill
U.S. tech giant Microsoft is ramping up its carbon dioxide removal (CDR) efforts through a new partnership with climate tech startup CO280. The collaboration leverages a unique carbon capture and storage (CCS) technology to reduce emissions.
April 09, 2025Singapore inks carbon credit deals with Peru, Chile in push for climate goals
Singapore is steadily expanding its network of carbon credit trading partners, having signed cooperation agreements with both Peru and Chile within a week.
April 07, 2025Shipping faces crossroads with carbon pricing as global talks begin
The International Maritime Organization’s Marine Environment Protection Committee (MEPC) kicked off a five-day meeting on April 7, focusing on technical regulations, energy efficiency, and pollution in the shipping industry.
March 19, 2025SBTi's revised net-zero standard proposes carbon removal for residual emissions
The Science Based Targets initiative (SBTi) released the draft revision of its "Corporate Net-Zero Standard." The revision proposes changes to the recognition of Scope 3 emission reduction and suggests that separate targets be set for Scope 1 and Scope 2.
March 14, 2025EU, Germany need short-term strategy for CO2 removal ramp-up, says think tank
Germany and the EU need a short-term strategy for enabling the necessary ramp-up of carbon dioxide removals (CDR), said the think tank German Institute for International and Security Affairs (SWP) in a report.