A major international initiative to impose the world's first carbon pricing system for shipping has been blocked.
The United Nations Article 6.4 Supervisory Body (SBM) convened in Bonn, Germany, from October 6 to 10, 2025, for its 18th meeting (SBM018).
This marks an important milestone in its effort to reduce emissions from energy-intensive sectors while maintaining economic competitiveness.
Colombia submitted a declarative version of its NDC 3.0 to the UNFCCC, outlining climate mitigation strategies and emissions reduction targets through 2035.
COP30 will be held in Belém, Brazil, from November 10 to 21, 2025.
The report underscores the critical role of carbon pricing mechanisms in the region’s journey to net zero.
A new bill features major reforms to the nation’s carbon tax, reshaping both its structure and its purpose.
The Northern Lights CCS project is the first cross-border CO₂ transport and storage network with open access for third-party users.
The Toolkit now supports governments to consider different types of credit-based international carbon markets holistically, including Article 6 mechanisms