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Governments and organisations at a global forum in Barbados last week committed more than $900 million to expand energy access and support the clean energy transition across Africa, Asia, and Latin America.

European carbon allowance prices began the week on a quiet note, with trade volume and volatility somewhat diminished compared to recent weeks, as the looming March options contract expiry continued to draw prices nearer to key strike price levels.

Forest fires in Nepal could potentially release more than 495 million tonnes of carbon into the atmosphere whilst endangering critical biodiversity hotspots as climate change makes the Himalayan nation more susceptible to blazes, according to researchers.

A global irrigation company is expanding into Turkiye by partnering with a US-based carbon credit company to launch a crediting initiative for farmers, it announced on Monday.

A public-private cohort in Italy is leading an initiative to advance the restoration of the country's largest wetland, with biodiversity credits among the tools being explored to mobilise financing.

An infrastructure investment fund has pledged $100 million to a digital asset security investment platform to scale financing towards conservation in the Amazon.

In a globalised voluntary carbon market with standards, developers, and validation and verification bodies often based in the Global North, Brazilian entities moved last week to ‘indigenise’ carbon markets – bringing them under the control of local peoples and the federal government.

Demand for off-site biodiversity net gain (BNG) units in England may have reached around 7,700 units last year, a report has suggested.

The largest co-located solar and battery storage project ever to be installed in the UK has reached financial close with record debt finance.

Steel used in construction, such as reinforcement bars, is fundamentally different from the high-quality flat steel needed in the automotive industry, which rules out a one-size-fits-all approach to CO2 labelling, environmentalists say.

Two companies headquartered in Singapore have launched a carbon neutrality fund that will invest in international carbon credit assets compliant with Article 6 of the Paris Agreement, they announced Monday.

Australia will need to update its Nationally Determined Contribution and set an emissions reduction target above 60% while also better managing the Safeguard Mechanism if it hopes to reach net zero by 2050, according to a Melbourne-based think tank.

A group of carbon and renewable developers are partnering to establish a direct air capture (DAC) park in Texas that is expected to have the capacity to capture 500,000 tonnes of CO2 per year, according to a Monday announcement.

A Tokyo-headquartered carbon project developer backed by one of Japan's leading gas suppliers has secured fresh funds from domestic investors, it announced Monday.

Indonesia's Ministry of Industry on Monday announced plans to lead nine industrial sub-sectors in carbon trading activities scheduled to begin in 2027, according to state news agency Antara.

The toxic smog that settles over the Mongolian capital every winter has been a suffocating problem for well over a decade that successive governments have failed to dispel. In the depths of winter, the city’s daily average of PM 2.5 small particulate that can enter the lungs and bloodstream, can be 27 times higher than the level considered safe by the World Health Organization. Respiratory illness cases have risen steadily, with pneumonia the second leading cause of death for children under five

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The current shortfall of carbon offsets in the South African market is expected to continue over the next decade under a default compliance scenario, with supply expected to supersede demand only in 2038, according to a recently published analysis.

Four Japanese firms along with Airbus have partnered to develop wood-biomass based sustainable aviation fuel (SAF) that will also be CORSIA compliant, the companies announced Monday.

Thermal power generation in China declined in the first two months of 2025 despite continued coal production increase, while renewable power posted stable growth, government data showed Monday.

At least 34 people killed as storms sweep midwest and southern states, while rain causes chaos in Melbourne race

At least 34 people have died across six states in the US in the past week as a powerful storm system swept through the midwest and south, affecting Missouri, Arkansas, Texas, Oklahoma, Kansas and Mississippi. The storms brought a devastating combination of dust storms, tornadoes, wildfires, flash flooding and large hailstones, and left behind a trail of wrecked vehicles, severely damaged buildings and widespread power outages. More than 60 million Americans have been affected by the severe weather.

Since Friday, 68 tornadoes have been observed, an unusually high number for this time of year, as tornado season doesn’t typically begin until May. Wind gusts reached up to 70mph. These intense storms were fuelled by a clash of warm, moist air from the Gulf of Mexico, which mixed with colder air from Canada and the Rocky Mountains. This temperature contrast combined with strong wind shear strengthened the rotating vortex of the thunderstorms. The flat terrain of Tornado Alley also assisted the storms, allowing them to develop and move rapidly across the region.

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