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EU proposes 90% emissions reduction target for 2040 – with flexibility to use carbon credits

Climate Targets

EU proposes 90% emissions reduction target for 2040 – with flexibility to use carbon credits

"Allowing offsets to meet climate goals is a cop out."

02 July 2025

Low ETS price could undermine UK’s net zero aspirations

Low ETS price could undermine UK’s net zero aspirations

Between 2021 and 2023, GHG emissions in sectors covered by the UK’s cap and trade scheme went down by 11 million tonnes.

30 June 2025

Nearly a quarter of carbon credits retired in 2024 came from ‘problematic’ projects

Nearly a quarter of carbon credits retired in 2024 came from ‘problematic’ projects

The effect of carbon market integrity initiatives is yet to be felt.

26 June 2025

Brazil seeks to cancel US$180mn carbon credit agreement with LEAF Coalition

Brazil seeks to cancel US$180mn carbon credit agreement with LEAF Coalition

Prosecutors argue that the deal was closed without the previous, free and informed consent of local Indigenous communities.

05 June 2025

Three more carbon credit methodologies approved for high-integrity CCP label

Three more carbon credit methodologies approved for high-integrity CCP label

ICVCM's assessment of clean cookstove methodologies is now complete.

03 June 2025

Voluntary carbon market up for ‘bumpy ride’ as integrity grows

Voluntary carbon market up for ‘bumpy ride’ as integrity grows

This is the third consecutive year of contraction, with both transaction volumes and prices down.

29 May 2025

VCMI launches framework to tackle Scope 3 emissions gap by 2040

VCMI launches framework to tackle Scope 3 emissions gap by 2040

"It is not a license to delay, but a framework of integrity."

30 April 2025

UK launches carbon market consultation as part of green finance ambitions

UK launches carbon market consultation as part of green finance ambitions

"This is an opportunity to deliver on the climate crisis and drive investment and growth."

18 April 2025

Amazon carbon credit service: Project types, quality standards and eligibility criteria

Amazon carbon credit service: Project types, quality standards and eligibility criteria

Everything you need to know about Amazon's new carbon offering.

20 March 2025

Open data platform launched to harmonise voluntary carbon market

Open data platform launched to harmonise voluntary carbon market

"By breaking down barriers between data standards, we can unlock the full potential of carbon markets to drive meaningful climate action."

20 March 2025