Carbon Pulse Daily News Summary: Key Developments from June 13-15, 2025

## CP Daily News Ticker: 13-15 June 2025

**Published**: 01:01 on June 13, 2025 / **Last updated**: 01:01 on June 13, 2025

Introducing the CP Daily News Ticker, a continuously updated list of our news, providing real-time updates throughout the day. This is also the new home for our ‘Bite-sized updates from around the world,’ previously featured in our CP Daily newsletter. Click on the colored labels to filter news by region or market.

### News Highlights

#### Americas

– **Brazil Opens Consultation on REDD+ Payments**
The Brazilian Ministry of Environment and Climate Change (MMA) has initiated a public consultation to regulate a 2021 law regarding payments for environmental services (PSA).

– **US EPA Proposes Record-High Renewable Fuel Volumes**
The US EPA has announced a proposal prioritizing domestic biofuels by lowering RIN values for imported fuels, while also setting ambitious renewable fuel volume obligations for biomass-based diesel under the federal Renewable Fuel Standard (RFS).

– **Traders Increase V25 CCA Holdings**
Data from the US Commodity Trading Futures Commission (CFTC) indicates that both emitters and investors have boosted their net holdings of V25 California Carbon Allowances (CCA) in the futures-only market, diverging from trends in the combined futures and options market.

– **CTrees Releases Detailed Amazon Canopy Map**
CTrees, a climate data non-profit, has unveiled what it claims is the most precise canopy height map of the Amazon rainforest, offering a valuable resource for researchers and conservationists to monitor deforestation and evaluate the forest’s carbon storage capabilities.

– **Chestnut Carbon Sells Nature-Based Carbon Credits**
Chestnut Carbon has sold a batch of nature-based carbon removal credits to US clean energy developer Sol Systems, aimed at offsetting corporate emissions related to its Prairie Creek solar project in Illinois. The credits, certified by Verra, are sourced from Chestnut’s Forest Carbon Works program, which promotes conservation on over 160,000 acres of at-risk forestland across 36 US states.

– **US Fossil-Free Fuel Startup Plans Deployment**
A clean fuels startup based in New York is preparing to deploy its modular direct air capture (DAC) machine across the US by next year, with aspirations of scaling its technology to support decarbonization efforts.

– **Brazil’s Tropical Forest Forever Fund Expected to Yield Significant Returns**
André Aquino, the lead negotiator for Brazil’s Tropical Forest Forever Fund (TFFF), stated that the new mechanism could generate over three times the budget of the national environment ministry. Germany, the UK, France, and Norway are among the investor countries involved.

– **Carbon Capture and Storage Regulation Urged in Brazil**
An executive from a southeastern Brazilian state has emphasized the need to expedite regulations for carbon capture and storage (CCS) to facilitate a pilot hub led by ArcelorMittal and Petrobras.

– **Senate Committee Secures Forest Conservation Funding**
The US Senate Agriculture Committee has preserved over $100 million in funding intended to assist US landowners in conserving forests, as outlined in new budget reconciliation bill text.

– **Venezuelan Farmers Turn to Carbon Markets Amid Crisis**
Venezuela’s economic turmoil has severely impacted agricultural production, leading farmers to increasingly explore the voluntary carbon market as a source of essential financing.

#### EMEA

– **EUAs Reach Four-Month High**
European carbon prices surged to a four-month peak on Friday morning, following geopolitical tensions that impacted energy markets, although they later retraced some gains while still posting a 3% increase for the week.

– **EU Parliament Negotiator Proposes Changes to CSRD**
The lead negotiator for the European Parliament’s proposal to simplify corporate reporting laws has suggested removing the requirement for companies to submit climate transition plans under the Corporate Sustainability Reporting Directive (CSRD).

– **EU Official Discusses CBAM Expansion**
A European Commission representative indicated that any expansion of the Carbon Border Adjustment Mechanism (CBAM) to additional sectors should occur all at once rather than in phases.

– **Investment Needs for Nuclear Power Outlined**
The European Commission has stated that achieving the EU-27’s nuclear power goals will necessitate investments nearing a quarter of a trillion euros by 2050.

– **EU Launches New Working Document on Car Labelling**
The European Commission has published an initial assessment of the EU’s ‘Car Labelling Directive’, suggesting improvements such as transitioning from printed labels to digital tools, aiming to enhance consumer awareness regarding vehicle emissions.

#### Asia Pacific

– **New AI Framework for Climate Policy Planning**
A recent study has introduced a deep learning framework that could efficiently generate a multitude of synthetic climate mitigation scenarios in line with IPCC guidelines.

– **Eastern EU Countries Lag on ETS2 Plans**
Eastern EU nations are falling behind in submitting national Social Climate Plans necessary for the new carbon market for heating and transport fuels, which could unlock significant green financing.

– **Pakistan Approves Carbon Project for International Trading**
The Pakistani government has authorized its third carbon offset project for trading credits under Article 6.2 of the Paris Agreement.

– **Indonesia to Build $80 Billion Seawall**
President Prabowo Subianto has announced plans for an $80 billion seawall project along Java’s north coast to combat rising sea levels, which have increased by over 4 mm annually since 1992.

– **Victoria Opens Largest Hydrogen Refueling Station**
Australia’s state of Victoria has inaugurated its largest hydrogen refueling station, which will serve commercial trucks and heavy transport vehicles, with plans for further expansion in capacity.

This summary encapsulates significant developments from 13-15 June 2025 across various regions and sectors, highlighting ongoing efforts and challenges in the realms of sustainability, climate policy, and environmental conservation.