Carbon Market News

More than 60 global companies, including Apple, Amazon, and Salesforce, have urged the Greenhouse Gas Protocol to keep proposed Scope 2 reporting changes optional rather than mandatory. The firms argue that strict requirements for real‑time, location‑based clean electricity matching could raise costs and slow renewable energy investment. The debate comes as climate disclosures increasingly influence capital flows worldwide. Its outcome will shape how companies measure emissions, procure clean power, and balance reporting accuracy with scalability amid tightening global climate regulations.
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#GHGProtocol, #Scope2, #Apple, #Amazon, #Salesforce, #ClimateDisclosure, #RenewableEnergy, #CarbonAccounting, #ESG, #ClimatePolicy

Italy has launched its first national carbon dioxide removal (CDR) network, the Italian Network for CO₂ Removal (RIRC), to address years of fragmented development. The country has strong engineering capabilities, extensive industrial infrastructure, long coastlines suitable for ocean‑based removal, and significant geological storage potential, including existing CO₂ injection sites. However, Italy still lacks clear domestic carbon policy and legal frameworks, leaving deployment largely driven by private coordination. The initiative highlights a growing gap between Italy’s physical capacity for CDR and the policy support needed to scale it effectively.
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#CDR, #CarbonRemoval, #CCS, #ClimatePolicy, #NetZero, #OceanCarbon, #GeologicalStorage

Gold Standard has concluded a four-year programme (ending 31 March 2026) supporting Pacific Alliance countries in strengthening monitoring, reporting, and verification (MRV) systems. The initiative delivered technical guidance, capacity-building workshops, and institutional support to improve emissions data management and align national frameworks with international standards. Key outcomes include enhanced MRV capabilities, improved data transparency, and strengthened readiness for participation in international carbon markets, including Article 6 mechanisms. The programme highlights the role of technical assistance in building the foundational infrastructure required for credible carbon market engagement.
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#Article6 #MRV #GoldStandard #PacificAlliance #CORSIA

Verra plans to launch a new Scope 3 standard in 2026, aiming to enable companies to address value chain emissions through market-based mechanisms. Unlike traditional offsetting, the standard is designed to support in-value-chain mitigation, allowing companies to invest in emissions reductions within their own supply chains or those of key partners. It will include specific methodologies, accounting rules, and monitoring requirements to ensure credible measurement and verification. The initiative reflects growing pressure from frameworks such as SBTi and increasing corporate focus on Scope 3 emissions, marking a structural shift in how carbon markets support corporate decarbonization strategies.
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#Verra #Scope3 #BeyongValueChainMitigation #InValueChainMitigation

The SASHA Coalition has warned that CORSIA may undermine real emissions reductions in the aviation sector by allowing airlines to rely heavily on carbon offsets instead of direct decarbonization. The group raises concerns over the environmental integrity of eligible credits and the risk that offsetting could delay necessary structural changes in aviation. The criticism adds to growing scrutiny of carbon credit quality and highlights increasing tension between compliance mechanisms and genuine emissions reduction efforts in global carbon markets.
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#CORSIA #ICAO #CarbonIntegrity #GreenWashing #SAF