The Paris Agreement parties have extended the host party approval deadline for CDM carbon credits transitioning to the PACM from December 2025 to June 2026, with additional documentation deadlines pushed to December 2026.

Green steel ambitions hinge on a simple truth: the world needs more direct reduction (DR)-grade iron ore. Yet, the market rarely provides the stable price signals that unlock investment. This is the final instalment in our series on the iron ore paradox, exploring how iron ore volatility stifles the capital expenditure needed for a low-carbon future.

CORSIA Phase 1 carbon credit prices are weakening as expanding eligible supply collides with still-uncertain mandatory demand from airlines. Recent actions by the International Civil Aviation Organisation (ICAO), aimed at improving market liquidity, have so far outweighed the first structural signals of compliance-driven demand.

Navigate CBAM's impact. Download our expert forecast to protect your margins and reshape your strategy for 2026.

A leaked draft document from the EU Commission seen by Fastmarkets on Monday November 17 outlines provisional benchmark rates that could be coming under the EU’s forthcoming Carbon Border Adjustment Mechanism (CBAM).

Major announcements at COP30 in Belém, Brazil are reshaping expectations for global climate finance, forest protection and international carbon markets, with governments, multilateral lenders and corporates signalling new levels of ambition.

The European green steel market, crucial for meeting the EU's climate goals, faces challenges from high input costs, economic pressures, and trade uncertainties, while transitioning to low-carbon production methods like hydrogen-based steelmaking offers a pathway to near-zero emissions.

China will expand its national emissions trading system (ETS) to new sectors and introduce absolute carbon caps under an updated climate plan submitted to the UN Framework Convention on Climate Change (UNFCCC) on Monday November 3.

The European Commission has confirmed that CBAM indirect emissions will not be included for metals products under the upcoming Carbon Border Adjustment Mechanism (CBAM), while pre-consumer scrap is set to become a standalone CBAM product, EU Commission representative Martin Becker said during the European Roundtable on Climate Change and Sustainable Transition (ERCST) webinar on Thursday October 30.

The United Nations Framework Convention on Climate Change (UNFCC) has approved its first methodology under Article 6.4, also known as the Paris Agreement Crediting Mechanism (PACM), the UNFCC announced on Thursday October 30.