News

The European Commission has released the first Implementation Regulation under the Carbon Removals and Carbon Farming (CRCF) framework. This sets out how carbon removal and carbon farming activities will be certified across the EU.

Vietnam has officially released its long-awaited regulatory framework for carbon market trading, defining institutional responsibilities across government agencies and financial market operators.

Vietnam’s government on the 24th approved detailed arrangements for a pilot carbon emissions allowance scheme, outlining how allowances will be calculated and adjusted based on three key criteria.

Indonesia reported modest results from its carbon-credit sales at this year’s UN climate summit (COP30), booking pledges for 2.75 million tonnes of CO₂ reductions amid criticism.

As the Paris Agreement marks its tenth anniversary this year, countries are rolling out a new round of Nationally Determined Contributions (NDC 3.0) ahead of COP30, outlining emissions targets for 2035.

COP30 closed on Saturday after two charged weeks in Belém. A fire that briefly disrupted the venue became an apt metaphor for a summit defined by heated disputes over fossil fuels, finance, forests, critical minerals, and carbon markets.

The global carbon market under Article 6.4 of the Paris Agreement is facing a funding crunch, raising concerns that part of its budget may be diverted to the Adaptation Fund.

COP30 leaders’ summit ended with grand commitments on sustainable fuels , carbon markets and forests. What comes next will determine whether these pledges turn into real progress.

To ease concerns over potential price surges and volatility in the carbon market, the European Commission has pledged to design additional safeguards for the upcoming Emissions Trading System 2 (ETS 2).

The Bursa Malaysia carbon exchange, established by the Malaysian stock exchange, hosted the ASEAN Carbon Market Forum on Oct. 15 under the theme “Empowering Regional Climate Actions Through the ASEAN Common Carbon Framework.”