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Indonesia’s carbon market closed December with a total of 10,788 tonnes of carbon traded over the year, despite a steep end-of-year downturn, market data showed.

This week saw the first spot trades of Australian Carbon Credit Units (ACCUs) for the new year, all at relatively flat prices, as experts weigh in on the country’s climate reporting laws.

The government of Rwanda is readying an agroforestry project to participate in international carbon markets with an aim to incentivise farmers to plant trees and discourage illegal logging in the country, according to local media. 

Reports of a rare summer La Niña are premature. It is also foolish to look at such climate drivers in isolation. But seasonal forecasting is becoming more complicated as the planet warms. Andrew King, Senior Lecturer in Climate Science, ARC Centre of Excellence for 21st Century Weather, The University of Melbourne Kimberley Reid, Postdoctoral Research Fellow in Atmospheric Sciences, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Wind provided more electricity than ever last year across England, Wales and Scotland.

Producers built their net length for both California Carbon Allowance (CCA) and RGGI Allowance (RGA) holdings at the end of 2024, while managed money closed out V24 RGA short positions, data released Monday from the US Commodity Futures Trading Commission (CFTC) showed.

Into the first few trading days of 2025, benchmark RGGI allowances (RGAs) slipped below $24, with traders having “little confidence” in regulatory updates forthcoming in Q1, and barring above seasonal average cold weather heating demand.

The US EPA on Monday issued final notices for its decision to grant California waivers from federal pollution regulations, allowing the state to enforce stricter emission standards under the Clean Air Act (CAA) before President-elect Donald Trump assumes office later this month.

An international non-profit looking to help reduce or store 3 gigatonnes of CO2 by 2030 is closing in on $10 billion in assets.

Washington state’s Department of Ecology (ECY) released details for its Q1 allowance auction in March that does not include advance sale permits, according to a notice published by the agency on Monday.

Isometric has issued removal credits to a German-Brazilian climate-tech company, with what's claimed to be world’s first supply of independently verified enhanced weathering (EW) units purchased by a Dutch payment platform.

Prime Minister Justin Trudeau announced on Monday his resignation from leading the Liberal Party of Canada, kicking off a process through which he will be replaced as prime minister, citing internal party battles and the need for a new leader ahead of an upcoming election.

This new research estimates the price and benefits of recovering threatened species – and offers cost-effective ways for environment groups, farmers, governments and others to make a difference. April Reside, Lecturer in Conservation, The University of Queensland James Watson, Professor in Conservation Science, School of the Environment, The University of Queensland Josie Carwardine, Senior Research Scientist, Environmental Research, CSIRO Licensed as Creative Commons – attribution, no derivatives.

The market outlook for 2025 is more upbeat after a difficult previous 12 months, due to an expected demand boost from Phase 1 of CORSIA and the development of Paris Agreement trading after the historic decision to finalise Article 6 at COP29.

The design of the EU's Emissions Trading Scheme is hindering the decarbonisation of the bloc’s cement sector, an environmental NGO said in response to a public consultation on draft new ETS-related rules last week.

The voluntary carbon market saw its value remain at around $1.4 billion last year as spot prices slumped 20%, though analysts still forecast the sector could still grow to the tens of billions by the end of the decade.

Power generation from EU ETS-covered plants fell 10% last year, according to grid data, driven by a 15% slump in combined coal and lignite-fired plant output.

The UAE’s General Civil Aviation Authority (GCAA) has launched the region’s first digital platform to facilitate implementation of the UN’s CORSIA aviation offsetting scheme.

The new year is poised to springboard domestic compliance markets, regulated voluntary markets, and Paris Agreement projects in Latin America and the Caribbean – but sees reluctance to rely on Article 6 to be a main driver of mitigation – as the region builds internal capacity to launch green growth.

Biodiversity markets need to work more effectively within the next two to four years to begin attracting finance, or risk interest in them vanishing, a consultant has said.