Daily Regulatory Signal
2026-10-22
Colombian top court rules REDD+ project violated Indigenous rights for second time
Singapore grants 100% tax deduction for voluntary carbon credit and REC purchases
IETA urges governments to create 'safe harbour' laws shielding credit buyers from greenwashing suits
New intergovernmental guidance released on designing national Article 6 strategies
Australia's Climate Active closure seen as chance to align voluntary market with IC-VCM standards
Verra releases updated grievance redress process and fall 2026 program updates
California proposes buffer account for allowances and offsets tied to carbon storage
Hedge funds pull back from EU carbon as EUA futures stall near €90 ceiling
Only a third of corporates report whether sustainability targets are on track
COP17 consultation launched on protocol linking conservation actions to nature-market outcomes
Canada urged to build new market pathways for carbon removals and low-carbon products
**REDD+ Safeguards & Indigenous Rights Under the Spotlight.** Colombia's Constitutional Court has issued its second ruling against a REDD+ project developer for violating the fundamental rights of an Indigenous community in the Amazon, finding that the developer failed to ensure effective participation and ignored the community's withdrawal of consent ([Carbon Pulse](https://carbon-pulse.com/563219/)). The decision amplifies scrutiny on REDD+ safeguards at a time when buyers are already cautious about nature-based avoidance credits. Projects that cannot demonstrate robust free, prior, and informed consent (FPIC) face growing legal, reputational, and registry risk—potentially widening the price spread between high-integrity and legacy REDD+ credits.
**Policy Tailwinds for Voluntary Demand.** Singapore's tax authority now allows businesses a 100% tax deduction for spending on carbon credits and renewable energy certificates used toward voluntary commitments, removing a material friction for corporate buyers in one of the region's most active compliance-voluntary hybrid markets ([Carbon Pulse](https://carbon-pulse.com/563313/)). Separately, IETA called on governments to legislate 'safe harbour' protections for companies that use high-quality credits, arguing that the threat of greenwashing litigation is chilling corporate demand ([Carbon Pulse](https://carbon-pulse.com/562609/)). Together, these developments signal that policymakers are beginning to respond to buyer hesitation—though the effectiveness of safe-harbour provisions will hinge on alignment with IC-VCM's Core Carbon Principles and crediting-program-level assessments.
**Article 6 & Standards Alignment.** A treaty-based intergovernmental organisation has published new guidance on designing national Article 6 strategies, aiming to help governments link climate commitments to international carbon-market participation ([Carbon Pulse](https://carbon-pulse.com/563308/)). Meanwhile, Australia's decision to wind down its Climate Active voluntary scheme is being framed domestically as an opportunity to align the next iteration with IC-VCM and ICROA benchmarks ([Carbon Pulse](https://carbon-pulse.com/563318/)). On the registry side, Verra released an updated grievance redress process and held its Fall 2026 stakeholder webinar covering program and process changes ([Verra](https://verra.org/verra-releases-updated-grievance-redress-process/), [Verra](https://verra.org/fall-2026-program-and-process-updates-october-2026-stakeholder-update-webinar/)). These moves collectively point toward a maturing governance architecture, but also highlight the gap: only 33% of corporates report whether they are on track to meet their own sustainability targets ([Carbon Pulse](https://carbon-pulse.com/562366/)), underscoring the disconnect between target-setting and credible delivery.
**Compliance-Market Cross-Currents.** In the EU ETS, hedge funds have pulled back exposure as EUA futures encounter stiff resistance near €90, with traders citing uncertainty around pending ETS reforms as a de facto price cap ([Carbon Pulse](https://carbon-pulse.com/562902/)). California's ARB proposed a new buffer-account mechanism for allowances and offsets linked to captured CO₂ storage, adding an insurance layer against leakage risk ([Carbon Pulse](https://carbon-pulse.com/563270/)). While compliance markets operate in a different lane, pricing dynamics and regulatory innovation in the EU and California continue to shape expectations for removal-credit pricing in the voluntary space—particularly for engineered removals and BECCS pathways that Canada is now being urged to develop ([Carbon Pulse](https://carbon-pulse.com/563237/)).
https://carbon-pulse.com/563219/
https://carbon-pulse.com/563313/
https://carbon-pulse.com/562609/
https://carbon-pulse.com/563308/
https://carbon-pulse.com/563318/
https://verra.org/verra-releases-updated-grievance-redress-process/
https://verra.org/fall-2026-program-and-process-updates-october-2026-stakeholder-update-webinar/
https://carbon-pulse.com/563270/
https://carbon-pulse.com/562902/
https://carbon-pulse.com/562366/
https://carbon-pulse.com/563348/
https://carbon-pulse.com/563237/