Key Developments in Carbon Markets: CP Daily News Ticker for June 13-15, 2025

CP Daily News Ticker: 13-15 June 2025

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

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

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### Highlights from June 13, 2025

**Americas**

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

– **US EPA Proposes Record Renewable Fuel Volumes**
The US EPA has unveiled a proposal prioritizing domestic biofuels by reducing Renewable Identification Number (RIN) values for imported fuels while setting ambitious Renewable Volume Obligations (RVOs) for biomass-based diesel under the federal Renewable Fuel Standard (RFS).

– **CFTC Reports Increased V25 CCA Holdings**
Both emitters and investors have raised their net long positions in California Carbon Allowances (CCAs) in the futures-only market, according to data from the US Commodity Futures Trading Commission (CFTC). This trend contrasts with the combined futures and options segment, where RGGI Allowance (RGA) short interest has increased following the Q2 auction.

– **CTrees Releases Detailed Amazon Canopy Map**
CTrees, a climate data non-profit, has published the most detailed canopy height map of the Amazon rainforest to date, aiding researchers and conservationists in monitoring deforestation and evaluating the forest’s carbon storage potential.

– **Chestnut Carbon Sells Nature-Based Carbon Credits**
Chestnut Carbon has sold a tranche of nature-based carbon removal credits to Sol Systems, a US clean energy developer. These credits, certified by Verra, will help offset emissions from Sol’s Prairie Creek solar project in Illinois, sourced through Chestnut’s Forest Carbon Works program.

– **US Fossil-Free Fuel Startup Plans Deployment**
A New York-based clean fuels startup is set to begin deploying its modular direct air capture machines across the US next year, aiming for global scalability, as shared by its CEO.

– **Brazil’s Tropical Forest Forever Fund**
The chief negotiator for Brazil’s Tropical Forest Forever Fund (TFFF) stated that the new mechanism could generate more than three times the budget of the national environment ministry. Countries involved as investors include Germany, the UK, France, and Norway, while tropical nations like Indonesia and Colombia are set to receive compensation.

– **Senate Committee Preserves Forest Conservation Funding**
More than $100 million in funding aimed at helping US landowners conserve forests appears to be saved from impending budget cuts, according to a new budget reconciliation bill from the US Senate Agriculture Committee.

– **Venezuelan Agricultural Producers Seek Carbon Market Solutions**
Due to the economic crisis impacting agricultural production in Venezuela, farmers are increasingly turning to the voluntary carbon market as a means to generate much-needed foreign currency and financing.

**EMEA**

– **EUAs Reach Four-Month High**
European carbon prices surged to a new four-month high before pulling back, ultimately posting a 3% weekly gain amid fluctuations in energy markets.

– **EU Parliament Negotiator Proposes Changes to CSRD**
The lead negotiator for the EU Parliament has proposed 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 official has stated that any expansion of the Carbon Border Adjustment Mechanism (CBAM) to new sectors should occur all at once rather than in phases.

– **EU Nuclear Investment Needs Outlined**
The European Commission has indicated that achieving the EU-27’s nuclear power goals will require investments of nearly a quarter of a trillion euros by mid-century.

**Asia Pacific**

– **New Climate Policy Planning AI Framework**
Research released on Friday highlights a new deep learning framework that could rapidly generate thousands of synthetic climate mitigation scenarios aligned with IPCC categories.

– **Pacific Islands Announce Indigenous-Led Ocean Reserve**
Governments of Vanuatu and the Solomon Islands have unveiled plans for the world’s largest Indigenous-led ocean reserve, with support from Papua New Guinea and New Caledonia.

– **Pakistan Approves Carbon Offset Project**
The Pakistani government has given the green light to the country’s third carbon offset project, enabling trading credits under Article 6.2 of the Paris Agreement.

– **Japan Develops CO2-Eating Vending Machine**
Yoshikei Group has installed Japan’s first “CO2-eating vending machine” in Tottori prefecture. These machines absorb CO2 from the air and can convert it into materials for concrete and asphalt.

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This summary encapsulates key developments in carbon markets and climate policy from June 13-15, 2025. For real-time updates, visit our website.