Carbon News
The carbon markets, in brief.
A curated briefing on carbon credits, carbon pricing and climate policy — sourced from Global Offsetters.
Breaking News
Bonn Climate Talks Open Under Heatwave as CBAM Q2 Bill Lands on Global Importers
Negotiators arrive in Bonn for the SB62 intersessional with Europe in a record June heatwave, just as the EU publishes the Q2 CBAM certificate price and importers face their first real cash call under the carbon border tax.
Source: Global Offsetters · Sebudisi Mafabatho
Read the full storyPolicy
EU Member States Split on MSR Reform as Trilogue Talks Stall Into Summer
Council negotiations on the Market Stability Reserve overhaul broke up this week without agreement, leaving the EU ETS facing a long summer of policy uncertainty just as compliance demand peaks.
Source: Global Offsetters · Sarah Williams
Policy
Australia's Safeguard Mechanism Triggers First Major Buy Wave as Baselines Bite
ACCU prices crossed A$45 for the first time as Safeguard facilities entered the June compliance window facing the steepest baseline decline rates since the 2023 reforms.
Source: Global Offsetters · Pacific Correspondent
Markets
India's CCTS Goes Live: First Eight Weeks of Trading Settle at ₹430 Per Tonne
Active trading under India's Carbon Credit Trading Scheme began in April, and the first two months of data show steady volumes, conservative pricing, and growing utility-sector participation.
Source: Global Offsetters · Marcus Chen
Analysis
Why the EU ETS Survived Its 2026 Stress Test: Markets, Politics and the Limits of Intervention
Six months of political turbulence have failed to produce structural weakening of Europe's carbon market. The reasons reveal something important about how the ETS has matured.
Source: Global Offsetters · Dr. Helena Zhang
Analysis
Mid-Year VCM Review: Removal Demand Ticks Up, But Still Far Short of Trajectory
Sylvera and MSCI Carbon Markets both published H1 2026 reviews this week showing modest acceleration in carbon removal purchases, with the gap to a 1.5°C-aligned pathway still cavernous.
Source: Global Offsetters · Dr. James Morrison
Analysis
CBAM at Six Months: A Real Tax With Real Trade Effects
With Q2 prices published and €78.40 per tonne now on the books, CBAM has stopped being a regulatory experiment. The trade data shows the mechanism is already reshaping flows.
Source: Global Offsetters · Sarah Williams
Markets
Africa Carbon Markets Initiative Targets 300 Million Tonnes by 2030 at June Nairobi Summit
Ministers from 24 African countries gathered in Nairobi this week to ratify a continental roadmap for high-integrity carbon credit supply, with Kenya, Zambia and Gabon leading the institutional buildout.
Source: Global Offsetters · Africa Correspondent
Offsets
Blue Carbon Hits Record Prices as Indonesia Launches National Mangrove Crediting Programme
Indonesia formally launched its National Mangrove Crediting Programme on World Oceans Day, sending blue carbon credit prices to record highs of $42 per tonne.
Source: Global Offsetters · Marine Conservation Desk
Analysis
Energy Security and Carbon: How Geopolitical Shocks Are Quietly Building a Global Carbon Price Floor
Trade fragmentation, Middle East tensions and a hot European summer are doing more to entrench carbon pricing worldwide than any climate negotiation has managed.
Source: Global Offsetters · Marcus Chen
Markets
Shipping ETS Hits Stride as IMO Net-Zero Framework Talks Resume at MEPC 84
Maritime EU ETS demand is on track to exceed 35 million tonnes in 2026 as the IMO meets in London to negotiate the design of its global fuel intensity standard and economic measure.
Source: Global Offsetters · Maritime Desk
Technology
Climeworks and 1PointFive Deliver First Commercial-Scale DAC Tonnes as Cost Curve Bends
Both leading DAC developers reported meaningful Q2 delivery volumes from their flagship facilities, with average levelised costs now below $500 per tonne for the first time.
Source: Global Offsetters · Dr. Jennifer Walsh
Offsets
Agricultural Carbon Crosses 30 Million Hectares Under MRV as Verra and Gold Standard Issue Updated Rules
Improved satellite-based monitoring has unlocked larger issuances of agricultural soil carbon credits, with both Verra and Gold Standard publishing updated methodology guidance in early June.
Source: Global Offsetters · Agriculture Correspondent
Markets
K-ETS Phase 4 Sees Korean Allowance Prices Climb 38% Year-on-Year
Tighter caps, reduced free allocation and expanded sector coverage under K-ETS Phase 4 have driven Korean Allowance Unit prices to ₩28,500 in June trading.
Source: Global Offsetters · Asia Correspondent
Policy
Singapore Confirms S$45 Per Tonne Carbon Tax Trajectory and New Article 6 Partnerships
The Ministry of Sustainability and the Environment confirmed Singapore's carbon tax will rise to S$45 by 2026-end through statutory uplift, and announced new Article 6.2 deals with Rwanda and Peru.
Source: Global Offsetters · Asia Correspondent
Technology
Microsoft Crosses 25 Million Tonnes in Cumulative CDR Contracts as AI Power Demand Drives Net-Zero Math
Microsoft signed fresh long-duration CDR offtake deals in May and June, taking cumulative committed volume past 25 million tonnes as AI workload growth complicates the company's net-zero arithmetic.
Source: Global Offsetters · Sarah Williams
Policy
EU Adopts Industrial Accelerator Act with €40 Billion Clean Manufacturing Fund
The European Parliament approved the Industrial Accelerator Act on June 3, unlocking a €40 billion facility to scale low-carbon steel, cement, hydrogen and battery manufacturing across the bloc.
Source: Global Offsetters · Amanda Torres
Trading
Tokenised Carbon Volumes Recover as Regulated Stablecoin Settlement Goes Live
Tokenised carbon credit trading recovered through Q2 as regulated stablecoin settlement rails came online in Singapore and the UAE, addressing a key institutional adoption barrier.
Source: Global Offsetters · James Morrison
Venture Capital
Climate Tech VC Funding Stabilises at $14 Billion in H1 2026 as Late-Stage Rounds Dominate
PitchBook and Climate Tech VC's mid-year reports show $14 billion deployed in H1, with capital concentrating in revenue-stage decarbonisation companies and grid-edge technologies.
Source: Global Offsetters · VC Correspondent
Aviation
Delta's Domestic SAF Strategy Pays Off as Summer Travel Tests Industry Decarbonisation
Delta's vertically integrated sustainable aviation fuel programme is delivering measurable cost and reliability advantages over peers as the airline enters the peak summer schedule.
Source: Global Offsetters · Aviation Desk
Insurance
Munich Re and Swiss Re Update Climate Models to Embed CBAM and ETS Price Trajectories
The two largest global reinsurers published updated climate risk methodologies in June that explicitly embed carbon price trajectories into long-term liability and infrastructure underwriting.
Source: Global Offsetters · Sebudisi Mafabatho
Fixed Income
Green Bond Issuance Hits Record $480 Billion in H1 2026 Under New EU Standard
Sustainable debt issuance reached a record $480 billion in the first half of 2026 as the EU Green Bond Standard's first full year of operation delivered investor confidence.
Source: Global Offsetters · Fixed Income Desk
Trading
Xpansiv-CME Tie-Up Cements Carbon Exchange Consolidation Trend
Xpansiv and CME Group announced an expanded strategic partnership on June 2 that further consolidates the institutional carbon trading landscape around a handful of regulated venues.
Source: Global Offsetters · Sebudisi Mafabatho
Headlines courtesy of Global Offsetters. Dates are as stated by the publisher. Source checked 6 November 2026.