Sustainability and carbon market news

The European Commission has published its long-awaited EU Emissions Trading System (EU ETS) review proposal, and the carbon market responded with a rebound. Following the announcement on 17 July 2026, EU Allowance (EUA) prices climbed by roughly €7,...

The carbon market is being reshaped by a clear shift towards quality. Buyers are paying more for higher-integrity credits, the standards behind those credits are tightening, and new sources of demand are opening as corporate and compliance...

The first soil credits certified by a voluntary Japanese standard have sold at a premium, priced on the value of living ecosystems alongside the carbon they store. The credits changed hands at 20,000 Japanese yen ($124) a tonne of CO₂ equivalent...

The Carbon Markets Association of India (CMAI) has launched a marketplace for Article 6 of the Paris Agreement. The platform gives organisations a single point of access for participating in international carbon markets. A man participating in the...

The Democratic Republic of Congo (DRC) is set to introduce Lumiere, its new national carbon registry, at the 8th Global Environment Facility Assembly in Samarkand, Uzbekistan, in June. Full operation of the platform is expected later in 2026,...

Capital committed and deployed into the global carbon-credit market reached $22 billion in 2025, according to MSCI Carbon Markets data. That figure represents a 72% increase on 2024 and more than five times the levels recorded in 2021. The growth is...

Japan and Vietnam have formally updated their Joint Crediting Mechanism (JCM) agreement to align with Article 6 of the Paris Agreement, the international framework governing carbon market cooperation between countries. Japanese and Vietnamese...

New Zealand has released a new assurance framework to support the development of verified nature and carbon markets domestically, giving buyers, landowners, and project developers greater confidence in market integrity. Environmental workers...

Australian facilities covered by the Safeguard Mechanism (SGM) surrendered significantly more carbon credits in the 2024–2025 financial year, with demand rising 52% compared to the previous year. An industrial worker and an office professional...

The voluntary carbon market opened 2026 with a clear signal: buyers are choosing quality over quantity. New data from carbon market analytics firm Sylvera shows that credit retirements fell 8% year on year in Q1 2026, reaching 51 million from 55.3...

The Belgrade Stock Exchange is developing a carbon trading system designed to support domestic companies navigating increasingly stringent European emissions requirements. According to Chief Executive Lazo Ostojić, the initiative mirrors the...

Bolivia is preparing to publish its national carbon market regulatory framework by the end of April 2026. The announcement was made by Jorge Avila, Vice Minister for Environment, at the Bolivia Carbon Forum in Santa Cruz de la Sierra. Bolivian...

South Korea’s carbon market is entering a decisive period in 2026, marked by tightening supply in its compliance system and parallel efforts to expand carbon trading into marine ecosystems. Diver inspecting a South Korean seaweed farm, monitored by...

The voluntary carbon market (VCM) enters 2026 on a more resilient footing, shaped by a year of political headwinds, regulatory breakthroughs, and a decisive shift toward integrity-led growth. View from modern office buildings over a lush green...

Project-based carbon credit trading was valued at between $800 million and $900 million in 2025, according to updated findings from an annual survey by Climate Focus, underscoring the continued recalibration of voluntary carbon markets amid pricing...

The voluntary carbon market (VCM) has entered a definitive phase of price discovery, where the financial distance between high- and low-integrity credits is expanding. According to ‘The State of Quality and Pricing in the VCM: 2026’, a joint report...

In the rapidly evolving landscape of environmental finance, a significant shift toward quality over quantity is reshaping the voluntary carbon market (VCM). Recent data from independent ratings agency BeZero Carbon suggests that the market is...

As the calendar turns to 2026, the Australasian carbon markets are entering a pivotal phase of structural adjustment. In Australia, the convergence of tightening regulatory baselines and new contractual flexibilities is creating a complex...

In a year that tested the resilience of global green finance, the primary carbon offset market has emerged stronger and more focused, expanding by an impressive third to reach a $15.8 billion valuation in 2025. New data reveals a significant...

As 2025 draws to a close, the voluntary carbon market is entering a more defined and deliberate phase of development. After years of rapid expansion, the market has become more discerning, placing greater value on credibility, long-term impact, and...

The COP30 environmental summit in Belém, Brazil, closed with a marked uptick in carbon market activity and clarity on where the global sustainability process will head next year. New data shows that announcements made in the weeks surrounding the...

European Union leaders have agreed that international carbon credits should play a role in the bloc’s upcoming 2040 environmental target, marking a pivotal moment for future demand in the carbon market. However, the final target level remains...

Switzerland may need to significantly expand its purchases of international carbon credits in the next decade to stay aligned with its long-term environmental goals, according to the KliK Foundation, which manages the country’s carbon offset...

Singapore has signed a new implementation agreement with Mongolia to generate carbon units (also known as carbon credits) under Article 6 of the Paris Agreement, marking its tenth such deal. The city-state’s expanding portfolio targets partnerships...

New York Climate Week 2025 delivered an unexpectedly structured and cautiously optimistic picture of environmental action, drawing roughly 100,000 attendees across some 1,000 events. Rather than a reprise of hand-wringing, discussions reflected an...

The global carbon market saw a record number of forward-delivered contracts in the third quarter of 2025, marking a rebound in activity and investor confidence. Data shows 65 forward offtake deals were publicly announced during Q3, up from 48 in Q2,...

Mexico is preparing to relaunch its national carbon market with an ambitious plan that combines unlimited use of carbon offsets under its emissions trading system (ETS) and the creation of a new national registry to strengthen transparency and...

Brazil is moving forward with plans to establish a national carbon registry within the next 15 months, a move set to underpin its upcoming emissions trading system (ETS), the Sistema Brasileiro do Comércio de Emissões (SBCE). The registry will serve...

Verra, the world’s largest environmental standards body, has teamed up with S&P Global Commodity Insights to build a new generation carbon registry. The initiative is designed to strengthen transparency, scalability, and trust in carbon...

China is preparing to overhaul its national carbon market by introducing absolute emission caps in selected industries starting in 2027. The move, announced by the State Council on 25 August, represents a major departure from the current system,...

The carbon offset market is entering a new chapter, marked by higher quality, greater transparency, and stronger alignment with corporate net-zero ambitions. While demand slowed after 2021 due to questions over the credibility of some projects, the...

A new market analysis from UK-based nature restoration investor Oxygen Conservation forecasts a sharp rise in the value of premium UK carbon credits, with prices potentially reaching $672 (£500) per tonne by 2050. Kielder Forest, the UK’s largest...

The UK is set to become the first country to formally integrate carbon removals into a regulated compliance market, marking a significant shift in environmental policy that could reshape the economics of the carbon market. By 2029, carbon removal...

Uzbekistan has introduced a new law that paves the way for the creation and international trade of carbon credits, marking a significant step in the country’s environmental policy. Signed by President Shavkat Mirziyoyev, the ‘Law on Limiting...

Global carbon markets are on track for a dramatic transformation, with combined investment in carbon capture, utilisation and storage (CCUS) and carbon offsets projected to exceed $1 trillion by 2050, according to a new analysis by consultancy Wood...

A new government-led initiative has been launched by Singapore, the United Kingdom, and Kenya to accelerate the development of voluntary carbon markets and provide clear, cross-border standards for their use. Three young trees and three businessmen...

Chile is preparing to implement its first homegrown carbon offset methodology under the country’s carbon tax system, with a new pilot project designed to replace traditional wood-burning heaters with energy-efficient split air conditioning units in...

The European Commission has formally proposed a binding environmental target for 2040: a 90% net reduction in greenhouse gas emissions compared to 1990 levels. The move is a key milestone in the EU’s broader strategy to achieve carbon neutrality by...

Carbon credit retirements soared to a record-breaking 95 million in the first half of 2025, marking a pivotal moment in the voluntary carbon market’s evolution. The surge underscores growing demand for high-quality offsets and increasing alignment...

Kenya has taken a significant step in aligning its carbon market infrastructure with international frameworks by releasing a draft regulation for a national carbon registry. The proposed digital system is designed to support the implementation of...

Australia’s carbon market is off to a robust start in 2025, with a record number of Australian Carbon Credit Units (ACCUs) traded in the first quarter, and Queensland stepping up to drive future supply through a major funding round. A koala resting...

Kenya is preparing to release three new environmental regulations aligned with Article 6 of the Paris Agreement by the end of this year, a move that could reshape its position in global carbon markets and open new avenues for bilateral cooperation....

The voluntary carbon market (VCM) is undergoing a strategic transformation. According to the latest State of the Voluntary Carbon Market 2025 report by Forest Trends’ Ecosystem Marketplace, carbon credit trading volumes dropped 25% in 2024. Despite...

The World Bank’s Multilateral Investment Guarantee Agency (MIGA) has introduced a new insurance framework designed to reduce investor risk in the UN’s emerging carbon market under Article 6 of the Paris Agreement. This marks a significant move to...

The United Kingdom and European Union have unveiled a significant environmental collaboration: the formal linking of their respective Emissions Trading Schemes (ETS). The agreement, announced at the UK-EU Summit in London on 19 May, represents a...

More than 20 prominent organisations in the carbon market sector have issued a united call urging governments to create clear policy guidance that supports voluntary corporate environmental actions alongside national commitments under the Paris...

Kenya has outlined a new national strategy that will require $45 billion in international support—largely through carbon trading and investment—to meet its updated emissions reduction goals for the 2031–2035 period. An African woman prepares a meal...

Vietnam is moving closer to finalising the rules for its upcoming emissions trading scheme (ETS), and early signals suggest the government is leaning toward increased flexibility for participating companies. Entities covered under the scheme may be...

Petrobras and Brazil’s National Development Bank (BNDES) have announced the launch of ProFloresta+, a pioneering reforestation and carbon credit initiative designed to restore 50,000 hectares of degraded land in the Amazon rainforest. A forest...

The Tokyo Metropolitan Government (TMG) has rolled out a new digital platform for trading carbon credits, aiming to boost environmental action among smaller businesses and drive progress toward its 2030 emissions reduction targets. View of the...

India is set to establish its own carbon market by mid-2026, a move expected to help industries transition towards cleaner energy and align with global emission standards. Power Minister Manohar Lal confirmed the timeline, emphasising that the...

Carbon pricing has long played a pivotal role in Canada’s and the United States’ environmental policies. However, shifting political landscapes in both nations are now driving significant changes to how these strategies are applied. While Canada...

The voluntary carbon market (VCM) experienced an unprecedented surge in 2024, with $16.3 billion invested across the sector, according to Abatable’s latest report. This marked an 18-fold increase in the total value of carbon credit retirements,...

The Johannesburg Stock Exchange (JSE) has officially entered the carbon market, executing its first trades of carbon credits eligible for offsetting South Africa’s Carbon Tax. A total of 10,000 carbon credits changed hands on the JSE Ventures...

Tesla’s latest earnings report highlights a striking contrast: while profits decreased, its carbon credit revenue soared to record levels. The company posted $8.4 billion in net income for 2024, marking a 23% drop from the previous year and a 40%...

Africa’s voluntary carbon market (VCM) is set to become a $1.5 trillion industry by 2050, offering significant economic opportunities for the continent, according to experts at the University of Nigeria, Nsukka (UNN). Aerial view of forest workers...

Shell and Microsoft have emerged as the largest buyers in the voluntary carbon market (VCM) in 2024, according to the Allied Offsets report. Despite sharing the goal of mitigating emissions, their approaches reveal stark differences in priorities...

A new report from Sylvera, a carbon data platform, reveals a growing willingness among carbon credit buyers to pay higher prices for projects delivering robust environmental benefits. This shift comes as the voluntary carbon market grapples with...

The World Carbon Fund (WCF) achieved a positive return of +6.22% in 2024, outperforming compliance carbon markets for the fifth consecutive year, according to an investment update released Friday. Ground-level view of a wooded field with lush green...

Germany achieved a landmark $19 billion (€18.5 billion) in carbon trading revenue in 2024, marking a $103 million increase from the previous year, according to the German Emissions Trading Authority (DEHSt). An electric car driving along a country...

The global carbon credit market, which rose up to $1.4 billion in 2024, is predicted to experience substantial growth in the coming years. Recent projections suggest its value could rise to between $7 and $35 billion by 2030 and potentially reach...

Researchers behind the UN-commissioned Modeling Fuelwood Saving Scenarios (MoFuSS) tool have updated their methods to improve the precision of firewood usage data in Africa. This enhancement seeks to address criticisms of over-crediting in the...

CEEZER, a Berlin-based carbon credit platform, is making strides in enhancing transparency within the voluntary carbon market (VCM) by introducing a real-time monitoring, reporting, and verification (MRV) system. This development, created in...

Japan has initiated a consultation process to better align its Joint Crediting Mechanism (JCM) with the carbon market rules outlined under Article 6 of the Paris Agreement. This move follows decisions made at COP29 in Baku, where global standards...

A recent report—The opportunity for carbon markets in ASEAN—highlights Southeast Asia’s potential to lead global carbon markets, unlocking $3 trillion in value and creating 13.7 million jobs by 2050. Some key ASEAN projects are located in...

The price of Australian Carbon Credit Units (ACCUs) is projected to surge by 75% to AUD 70 per tonne of CO2 equivalent by 2025, according to a report by Australian bank ANZ. The increase is attributed to rising demand from big emitters under...

At COP29 in Baku, Norway unveiled its largest financial commitment yet to the global carbon market: a $740 million initiative to purchase carbon credits under the Paris Agreement’s Article 6. This bold move aims to drive demand in the emerging...

In a landmark collaboration unveiled during COP29 in Baku, Azerbaijan, Verra and the state of Amazonas, Brazil, have signed a Memorandum of Understanding (MOU) to revolutionise regional carbon markets. The agreement, finalised on 13 November, aims...

The COP29 summit has delivered a historic breakthrough, finalising Article 6 of the Paris Agreement after a decade of negotiations. This pivotal achievement establishes high-integrity carbon markets, offering countries and companies a transparent...

COP29 in Baku, Azerbaijan, marked a milestone in global environmental action with the adoption of a framework under Article 6.4 of the Paris Agreement. Nearly 200 nations agreed to establish a UN-managed global carbon market, enabling more efficient...

The COP29 summit commenced in Baku, Azerbaijan, with an intense first day marked by high-profile speeches and resolved tensions over the summit's agenda. UAE’s COP28 President Sultan Al-Jaber highlighted record growth in renewable energy investments...

Saudi Arabia is progressing toward the launch of its carbon market, with a targeted start date of late 2026 or 2027. This announcement came at the eighth Future Investment Initiative (FII) summit, where government officials and business leaders...

The UK government has confirmed it will introduce a Carbon Border Adjustment Mechanism (CBAM) in January 2027, mirroring a similar policy launched by the European Union. The UK CBAM will impose tariffs on imported goods with high carbon emissions,...

The latest EY report on the 2024 Global Voluntary Carbon Market outlines critical shifts in carbon credit dynamics, indicating a potential surge in prices and an increasing focus on high-integrity credits. By 2035, prices could reach $75–125 per...

Malaysia’s Prime Minister, Anwar Ibrahim, has announced the introduction of a carbon tax set to begin in 2026, aiming to advance the country's decarbonisation goals. The tax, which was revealed alongside the 2025 budget, targets industries such as...

China's carbon market has hit a significant milestone, with carbon permits rising to an all-time high of $14.62 (103.49 yuan) per tonne. This 35% price increase, observed since the start of 2024, is largely driven by tighter regulations and...

Nigeria and South Africa are taking a significant step toward strengthening carbon markets in Africa. The Nigerian Securities and Exchange Commission (SEC), Nigerian Exchange Group (NGX), and Johannesburg Stock Exchange (JSE) have joined forces to...

Azerbaijan’s Foreign Minister, Jeyhun Bayramov, has revealed the core agenda for the upcoming COP29 climate summit, set to take place from 11 to 22 November 2024, in Baku. Speaking at the 79th United Nations General Assembly, Bayramov outlined key...

US-based Vanderstyn Asset Management has launched a $25 million Green Carbon Fund, designed to give individual investors access to the carbon credit market and the opportunity to capitalise on the rising demand and prices of carbon credits....

Credit Agricole, France's second-largest bank with a significant global footprint, is making a strategic shift in its trading operations. The bank will gradually phase out its precious metals trading, particularly gold, to prioritise activities in...

In a significant move to stabilise the carbon credit market, the US Commodity Futures Trading Commission (CFTC) has introduced the first federal guidelines for unregulated carbon offsets. This step, backed by the Biden administration, aims to...

The Science Based Targets initiative (SBTi) has broadened the revision of its Corporate Net-Zero Standard, aiming to refine its guidelines on neutralisation and make minor adjustments to its approach. The Corporate Net-Zero Standard, first...

The sixth annual report on the environmental progress of the Fortune Global 500 reveals a significant increase in nature commitments among the world's largest companies. Despite external pressures and rising scrutiny, these companies are forging...

Northern Trust has officially launched its blockchain-based platform, the Northern Trust Carbon Ecosystem, facilitating institutional carbon credit transactions. This platform enables institutional buyers to digitally purchase and retire carbon...

The World Bank's 2024 State and Trends of Carbon Pricing: International Carbon Markets report highlights exciting progress in the global carbon market, showing increasing momentum for environmental action through carbon pricing mechanisms. While...

Supercritical, a leading carbon removal marketplace, has partnered with biochar producer Exomad Green to offer corporate buyers exclusive carbon credits. This collaboration will provide access to 100% of Exomad's 2024 biochar credits, which are...

In August, the World Carbon Fund (WCF) bounced back into positive territory, reporting a net return of +3.63%, a significant improvement compared to July's -1.66% loss. This marks a recovery for the fund, which tracks five key carbon markets, four...

The BRICS nations—Brazil, Russia, India, China, and South Africa—have signed a Memorandum of Understanding (MOU) to collaborate on carbon market initiatives. This agreement sets the stage for joint projects and targets, aiming to strengthen...

Oman has finalised the draft of its general policy framework for carbon markets, an initiative led by the Sultanate's Environment Authority. This comprehensive 52-page document aligns with the Paris Agreement’s Article 6 and outlines the country's...

The lead negotiator for the African bloc at the UN climate talks has called for a unified minimum price on Article 6 carbon credits across the continent. This proposal aims to prevent countries from undercutting each other and support the financing...

The carbon credit market saw significant developments in the final days of August, with the Xpansiv CBL platform at the forefront of record-breaking activity. A major highlight was the trade of 39,414 tonnes of 2023 vintage ACR CCP-approved United...

The New Zealand government has taken decisive action to curb carbon emissions by significantly reducing the number of carbon credits available for auction. Climate Change Minister Simon Watts announced that the government would cut the number of...

Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, has revealed that carbon credit trading could potentially reduce the global cost of implementing Nationally Determined Contributions (NDCs) by more than half, leading to savings...

The global voluntary carbon credit market is on a steep growth trajectory, with projections indicating it could reach a staggering $14.56 billion by 2032. This growth is expected to be propelled by a compound annual growth rate (CAGR) of 25.3% from...

The Science Based Targets initiative (SBTi) has released four technical publications as part of the early stages of revising its Corporate Net-Zero Standard. This move is aimed at ensuring the Standard remains aligned with the latest scientific...

The global carbon credit market is poised for significant growth, with projections indicating a surge from $267.8 billion in 2023 to an impressive $1.2 trillion by 2029. According to a recent study by BCC Research, the market is expected to expand...

Bursa Carbon Exchange (BCX), a subsidiary of Bursa Malaysia Bhd, successfully conducted its inaugural Malaysian carbon credit auction on 25 July. This significant event featured carbon credits from the Kuamut Rainforest Conservation Project in...

India has expanded its list of eligible projects under the Paris Agreement's Article 6 mechanisms to include clean cooking initiatives. This addition, made public by the government on 7 June, joins the initial 13 activities under Article 6.2. Indian...

Singapore and Laos are set to strengthen their collaboration in clean energy, food security, carbon credits, and capacity building, marking the 50th anniversary of their diplomatic relations. Laos nature landscape view. AI generated picture. Laos’...

A Dubai-based fintech company, AQUAE Impact, has joined forces with Sri Lanka's Earth Restoration to issue biodiversity and oxygen credits through a pilot project in the Belipola private forest. Close-up of Barberton Daisy flowers in Belipola...

A recent report by BeZero Carbon reveals that a $100 billion carbon market could catalyse $700 billion in annual investments in carbon projects, protecting 150 million hectares of land, equivalent to the size of Peru. Landscape view of young trees...

DGB Group's share price has increased 75% year-to-date. On 2 January 2024, DGB’s shares were valued at €0.478. After a steady period, it started increasing on 13 May 2024 and closed at €0.84 on 28 June 2024, showing a 75.73% increase. Graph showing...

The Japanese government has purchased 4 million carbon credits in the year ending 31 March, according to a trade ministry official. These UN-backed Assigned Amount Units (AAUs) were acquired from Poland, marking a significant move in Japan's carbon...

Microsoft has made a landmark move in its environmental strategy by purchasing 8 million carbon offset credits from BTG Pactual’s forestry division. This transaction, hailed as the largest of its kind, aims to significantly contribute to Microsoft's...

A coalition of 10 West African countries is urging the global community to allow carbon offsets as part of corporate efforts to reduce emissions. These nations argue that offsets are essential for attracting funding necessary for climate and...

The EU Council has officially adopted the corporate sustainability due diligence directive, marking the final step in its legislative process in terms of the new Corporate Sustainability Reporting Directive (CSRD). This new directive imposes...

Verra has announced a public consultation to gather feedback on proposed updates to its Verified Carbon Standard (VCS) Methodology VM0047 for Afforestation, Reforestation, and Revegetation (ARR), version 1.0, and the associated module VMD0054....

The US Commodity Futures Trading Commission (CFTC) plans to finalise its carbon credits rulebook within the next six months, marking a significant step towards market integrity and fraud prevention. Aerial view of Tongass National Forest. AI...

Bursa Carbon Exchange (BCX), a subsidiary of Bursa Malaysia Bhd, is set to auction its first Malaysian carbon credits on 25 July. This event represents a key milestone for BCX, introducing Malaysia Nature-based Carbon Credits Plus (MNC+) generated...

The voluntary carbon credit market (VCM) is poised for substantial growth, anticipated to reach $21.7 billion by 2032, according to a report by Global Market Insights Inc. This surge is fueled by heightened global awareness and concerted efforts...

The European Union is contemplating the integration of emissions removal credits into its carbon market, according to a statement from a European Commission official on 17 April. This decision could potentially reintroduce carbon credits in the...

The International Emissions Trading Association (IETA) has recently unveiled comprehensive new guidelines aimed at assisting businesses in leveraging carbon credits to achieve the Paris Agreement’s climate objectives. Revealed during IETA’s annual...

Experts predict a substantial increase in the price of carbon credits following the Integrity Council for the Voluntary Carbon Market's introduction of Core Carbon Principle (CCP) labels. Simon Jones, founder of Emral Carbon, forecasts that carbon...

A recent World Bank report highlights that major corporations including Netflix, Apple, and Shell are actively participating in Kenya’s burgeoning voluntary carbon market. This engagement underscores Kenya's position as a significant player in...

Tanzania has officially granted UpEnergy, a Ugandan project developer, its first-ever letter of authorisation (LoA) for carbon credits for the company's project for cleaner cookstoves. The move positions Tanzania as the third African country,...

The Science Based Targets initiative (SBTi) has made a pivotal announcement: the inclusion of Scope 3 emissions in environmental attribute certificates. This means that companies will now be able to compensate for their Scope 3 value-chain emissions...

Businesses are increasingly eager to invest in environmental action, seeking more reliable carbon markets, as shown by a recent study by the We Mean Business Coalition, Intercontinental Exchange (ICE), and Bain & Company. Over 180 executives and...

Vietnam has been recognised for its environmental achievements, securing a notable $51 million from the World Bank’s Forest Carbon Partnership Facility. This payment rewards the nation for its successful efforts in curbing deforestation and boosting...

Kiuda Digital Holdings is gearing up to launch KiudaEX, a cutting-edge carbon credit exchange platform, in Sri Lanka. With a focus on addressing the surging demand for carbon offset credits in Asia, particularly in South Korea and Japan, KiudaEX...

Targray, a Canada-based global trader in renewable resources, has announced the expansion of its operations into Europe with the establishment of a new trading desk in Rotterdam, the Netherlands. This strategic move aims to bolster the company's...

The United Nations has announced that it will establish a global carbon crediting mechanism, a key component under the Paris Agreement aimed at mitigating global carbon emissions. This new direction comes with a detailed plan for the upcoming year,...

Toucan is set to unveil CHAR, the world’s first 'liquid' marketplace for biochar carbon credits, marking a significant milestone in carbon trading and environmental finance. This launch comes as a response to the increasing demand from both carbon...

Vietnam has stepped into the lucrative carbon credit market with the potential to generate an impressive $200 million each year, according to estimates by the Department of Forestry. This revenue is expected to come from the sale of approximately 40...

In an era where environmental sustainability is paramount, the voluntary (verified) carbon market (VCM) is demonstrating robust growth, defying the broader economic slowdown. This burgeoning sector is moving beyond merely reducing emissions, marking...

The Voluntary Carbon Market Integrity Initiative (VCMI) has declared Bain & Company as the pioneering organisation to secure a Carbon Integrity Platinum Claim, the most prestigious level of carbon integrity recognition. This distinction highlights...

In a groundbreaking development, California's carbon allowance auction has captured the market's attention, setting a new record with prices reaching $41.76 per allowance, a significant 50% increase from the previous year. This remarkable surge...

Tesla Inc. has once again showcased its financial prowess, this time through its lucrative carbon credit (carbon unit) sales, which amounted to a staggering $1.79 billion in the past year. The company's latest financial disclosures reveal that since...

This week marks a significant milestone for Nigeria as Vice President Senator Kashim Shettima is set to initiate the committee for the country’s Carbon Market Activation Plan, a move orchestrated by President Bola Ahmed Tinubu. The plan, endorsed by...

Singapore is on the brink of a green investment revolution, with its carbon credit market forecasted to soar from $14.5 million in 2023 to an impressive $55.14 million by 2030. This remarkable growth, pegged at a compound annual growth rate (CAGR)...

A collaborative report, titled Are carbon credits the next billion-dollar insurance market?, from Oxbow Partners and Kita anticipates significant growth in the carbon credit insurance market, estimating insurance premiums to reach approximately $1...

Costa Rica has unveiled a groundbreaking initiative to mobilise private sector funds towards sustainable development. The country's latest project, a Project Preparation Fund (PPF), seeks to leverage up to $1.2 billion in private investments by 2030...

Africa is stepping up its game in the global environmental carbon arena with the launch of the African Carbon Markets Initiative (ACMI). This groundbreaking project aims to unlock the continent's vast potential for carbon credits, paving the way for...

China has rejuvenated its voluntary carbon offset market, a scheme that was initially suspended in 2017. This relaunch marks a major step in China's environmental strategy, aiming to finance projects that are both eco-friendly and economically...

Argus, a leading energy and commodity price reporting agency, has recently launched an innovative series of price assessments for nature-based carbon removals in the global voluntary carbon market (VCM). This move comes at a pivotal time, with the...

Chile officially recognised Verra-certified projects as eligible participants. This inclusion, formalised in Exempt Resolution 1420, marks a pivotal step in the country's environmental policy. The resolution, published in late December 2023,...

One of Ghana's largest conglomerates, Jospong, has partnered with EKI, a renowned Indian developer, to revolutionise environmental finance in the region. This groundbreaking initiative aligns with the Paris Agreement's Article 6 objectives,...

The State Council of China has approved a new set of regulations aimed at streamlining the nation's emissions trading systems (ETS). The forthcoming ‘Interim Regulations on the Management of Carbon Emissions Trading’ is poised to address crucial...

The Japanese government is injecting a significant 20 trillion yen ($137.4 billion) to drive decarbonisation efforts, motivating businesses to engage in the emissions trading system (ETS). While ETS participation remains optional for companies, the...

In landmark initiatives at COP28 in Dubai, major banks, including Goldman Sachs, Citigroup, JPMorgan Chase, and Barclays, have been spearheading a surge in carbon offset deals, reflecting a market positioned to hit $1 trillion. Such initiatives aim...

Australia has witnessed a historic surge in the issuance of Australian Carbon Credit Units (ACCU), each representing one tonne of CO2. The latest data from the Clean Energy Regulator (CER) reveals a remarkable increase in ACCUs, with 7 million...

Lufthansa Group has unveiled a groundbreaking commitment to environmental sustainability by announcing its intention to procure 40,000 tonnes of carbon removal credits from the Airbus Carbon Capture Offer (ACCO) service. View from a plane of...

Hitachi, a key player in Japan's corporate landscape, recently issued five-year green bonds with a competitive coupon rate of 0.598%. Notably, Nippon Life Insurance has shown confidence in this sustainable financial approach by acquiring half of the...

Ecosystem services and carbon credits play a pivotal role in supporting small-scale farmers in Peru, with the Acorn initiative gaining significant traction. Developed by Rabobank, Acorn aims to democratise carbon markets for producers in Peru,...

In a transformative collaboration, the Global Carbon Council (GCC) and Global Environmental Markets Ltd. (GEM) have successfully acquired the Global Carbon Registry® (GCR). This strategic move positions GCC to efficiently manage carbon credits,...

Washington state has successfully raised an estimated $1.8 billion through carbon auctions, marking a significant stride in its commitment to nature conservation. Announced by the Department of Ecology, the quarterly auction results conclude the...

In a significant stride towards environmental responsibility, the Ministry of Environment (MOENV) of Taiwan has unveiled draft regulations governing domestic carbon credit trading. This marks the commencement of a 60-day public consultation period,...

In the dynamic landscape of voluntary carbon markets (VCM), a recent report indicates a significant shift towards high-integrity credits, emphasising benefits beyond carbon mitigation. Close up on a young tree seedlings, Hongera Reforestation...

The world's foremost independent carbon crediting standards, namely the American Carbon Registry, Architecture for REDD+ Transactions, Climate Action Reserve, Global Carbon Council, Gold Standard, and Verra/VCS, have joined forces to elevate the...

In a groundbreaking move, the World Bank has laid out an ambitious plan to bolster high-integrity global carbon markets, presenting a unique opportunity for 15 nations to derive income by trading carbon credits sourced from their forest preservation...

In the face of environmental challenges, the upcoming UN Climate Conference in Dubai spotlights the need for accelerated global action. The State of Climate Action 2023 report, a collaborative effort of influential organisations, offers a...

Dubai is set to introduce a groundbreaking carbon credit mechanism at the upcoming UN Climate Change Conference, with the Dubai Financial Market (DFM) unveiling plans for a trial platform during COP28. The initiative aims to support businesses,...

Asian Development Bank's environmental envoy, Warren Evans, advocates for a rise in the average price of carbon offsets to range from $25–$35 per tonne. This move is seen as crucial to stimulate greater environmental action among investors and...

A cohort of leading corporations have signed up for the Voluntary Carbon Markets Integrity Initiative’s (VCMI) programme. Their objective: to leverage the VCMI’s Claims Code of Practice to affirm the integrity and effective application of...

The Johannesburg Stock Exchange (JSE) has introduced the JSE Ventures Carbon Market, a new trading platform developed in partnership with Xpansiv. This initiative allows local stakeholders to trade carbon credits and renewable energy certificates...

The total value of major compliance carbon markets is projected to surpass $800 billion this year, demonstrating a 5% growth, as shown by a recent report by BloombergNEF. This surge is attributed to the upswing in allowance prices driven by reforms...

In a dynamic ecosystem, the carbon credit trading platform sector drives the exchange of carbon credits, which is vital in supporting nature. These credits, representing emissions allowances, are pivotal in countering environmental impacts. The...

Ethiopian Forest Development (EFD) has revealed that Ethiopia's commitment to the forestry sector is on track to generate a staggering $100 million in revenue from carbon trade by 2030. EFD's National Red Plus Program Coordinator, Yitebtu Moges...

The Taiwan Carbon Solution Exchange (TCX) Chairman, Sherman Lin, revealed exciting news during the Net-Zero Taiwan International Summit, hosted as part of the Energy Taiwan 2023 exhibition. Lin announced that the TCX anticipates making international...

In a bid to expedite decarbonisation in the private sector, the Tokyo Stock Exchange Inc (TSE) unveiled a new platform for trading carbon credits. This innovative exchange enables companies to purchase and sell J-Credits, which are...

Saudi Arabia plans to introduce its own national carbon credit scheme, designed to allow companies to offset their emissions. The announcement was made during the United Nations’ Middle East and North Africa Climate Week in Riyadh. Views of the...

Paraguay has taken a significant step towards regulating carbon credits as its lower house approved a pioneering bill that aims to establish a comprehensive framework for the ownership and commercialisation of credits generated by projects executed...

The global carbon offset market is on an extraordinary trajectory, with projections indicating it will reach a staggering $1,602.7 billion by 2028, up from its 2023 valuation of $414.8 billion. This remarkable growth, reflecting a compound annual...

Vietnam has successfully obtained $41 million from the World Bank to sell forest carbon credits, marking a pivotal step in its commitment to protect its natural environment. This substantial funding comprises 80% of the total amount agreed upon in...

Dubai-based company Blue Carbon has entered into a significant memorandum of understanding with Zimbabwe, aiming to generate carbon credits from a substantial portion of the African nation's vast landmass. The deal, announced in Harare, Zimbabwe's...

Indonesian President Joko Widodo unveiled the nation's inaugural carbon credit trading initiative on 26 September, marking a significant step towards fostering and funding a carbon emissions reduction market. Indonesia, renowned for its status as an...

Investment in carbon credit projects has surged, with over $36 billion invested in the last decade, marking a significant shift towards climate action in the corporate world. This data, unveiled in a study by Trove Research, showcases the transition...

Afforestation projects and various land-based carbon storage methods are presently undervalued, but they hold the key to securing our planet's long-term environmental stability. This perspective comes from senior German economist Ottmar Edenhofer,...

The Ghanaian government is taking significant steps towards regulating the production of carbon credits within its borders, as announced by the Minister of Lands and Natural Resources, Samuel A Jinapor. This move aligns with a continental trend...

As part of the Africa Climate Summit, the United States Agency for International Development (USAID) has unveiled a suite of investments and initiatives dedicated to climate action in Africa. These include $35 million in new investments for this...

A new report confirms the credibility of the Gold Standard carbon credits. While questions remain around some carbon credits in the market, the Gold Standard's commitment to sustainable development and climate action has been reaffirmed. The...

The Washington State Department of Ecology has unveiled the outcome of the recent emergency carbon auction, revealing a flourishing carbon market as all $62.5 million in credits were successfully sold. The auction comprised two 527,000 credit...

The once-nascent voluntary carbon market is positioned for an astonishing transformation, projected to surge to $1.5 trillion by 2050, according to a recent analysis by Barclays. Riding the wave of escalating corporate pressure to tackle carbon...

In support of its commitment to sustainability and reaching net zero, Shopify Inc has acquired inaugural carbon removal credits from ocean carbon removal innovator Running Tide. Running Tide sank 1,000 tonnes of limestone-coated wood waste to the...

Rwanda is making waves in the global carbon market with an ambitious strategy driven by a new forest law put forward to the Lower House. This law, set to replace the 2013 forest management legislation, is designed to enhance forest protection and...

Ripple (XRP), a leading blockchain company, has made a groundbreaking move by investing $100 million in carbon markets. This strategic investment aims to accelerate carbon removal activities and modernise carbon markets through innovative...

Isometric, a carbon removal registry and science platform, has unveiled groundbreaking data showcasing previously unseen carbon removal activity from various companies. This includes Charm Industrial, Eion, Planetary, and Brilliant Planet. Recently,...

The Integrity Council for the Voluntary Carbon Market (ICVCM) has unveiled its Core Carbon Principles (CCPs) and Program-level Assessment Framework to set stringent standards for high-integrity carbon credits. Developed with input from various...

According to Transparency Market Research, a global market research company, the global carbon trading market is set to grow at a significant compound annual growth rate (CAGR) of 19.0% from 2023 to 2031. By 2031, the market is expected to reach a...

Technology-driven plant nutrition company RLF AgTech has been granted approval for its pioneering project, the Hillston Soil Carbon Project, marking the outset of Australia's first soil Australian Carbon Credit Units (ACCU). The Clean Energy...

London-based climate intelligence startup, Sylvera, has closed a substantial $57 million Series B funding round. It was led by Balderton Capital, with participation from existing investors Index Ventures, Insight Partners, Salesforce Ventures, and...

The Voluntary Carbon Market Integrity Initiative (VCMI) has unveiled its Claims Code of Practice, offering companies a comprehensive rulebook for making credible climate claims whilst using carbon credits in their journey towards achieving net-zero...

Allied Market Research, a leading market research firm, has recently unveiled its latest report titled Carbon Credits Market by Type, System, End-use Industry: Global Opportunity Analysis and Industry Forecast, 2023-2032. The report highlights the...

Over a dozen companies, primarily from Saudi Arabia, took part in a significant carbon credit auction in Nairobi, hailed as the largest of its kind worldwide. The event witnessed heightened demand for carbon offsets, generated through eco-friendly...

The Multilateral Investment Guarantee Agency (Miga), the insurance arm of the World Bank, is developing plans to safeguard carbon offset projects from political risks in economically developing states. This initiative comes as an increasing number...

The recent auction on the Washington cap-and-invest market has produced remarkable statistics, raising eyebrows and generating anticipation for future events. The latest auction concluded with a surprising settlement price of $56.01 metric tonnes of...

According to a recent analysis, the cost of carbon offsetting for companies could significantly increase by 2030. A report by PriceWaterhouseCoopers (PwC) shows that the Financial Times Stock Exchange (FTSE) 350 companies spent a total of $47...

Vietnam is gearing up to establish its own carbon trade exchange by 2028, as outlined in a draft carbon market project by the Ministry of Natural Resources and Environment. This initiative aims to facilitate the trading and exchange of carbon...

A new report from the World Bank Group shows that carbon markets and pricing have evolved significantly in the past decade, covering a larger share of global emissions. The growth of carbon taxes and emissions trading systems (ETSs) has increased...

The global carbon capture and storage market is anticipated to witness a remarkable compound annual growth rate of 13.4% between 2023 and 2033, reaching a valuation of over $10.2 billion in 2033, reports Fact.MR, an intelligence and market research...

Companies that purchase carbon credits are making greater strides in reducing their actual emissions compared to those that do not, according to a report released by rating agency Sylvera on Wednesday. The study analysed approximately 50 major...

The Financial Services Authority (OJK) in Indonesia is actively working to launch carbon exchange trading in the country by September 2023. To accomplish this goal, the OJK Board Commissioners Chairman, Mahendra Siregar, has revealed that the...

Environmental NGO Re:wild has introduced the Kawari Fund, a new initiative to promote the inclusive involvement of Indigenous peoples and local communities in the voluntary carbon market. The fund, unveiled on 28 April at the UN Permanent Forum on...

InsightAce Analytic's latest research reveals that the global carbon credit market size is valued at $402.58 billion in 2022, with an expected rise to $4.4 trillion in 2031. The market is projected to have a significant compound annual growth rate...

Verra, a leading certification body, and Panama's Ministry of Environment (MiAMBIENTE) have signed a Memorandum of Understanding (MOU) to develop a national carbon market in Panama. The MOU aims to simplify the certification process for local...

The NextGen CDR Facility, a joint venture between Swiss carbon project developer South Pole and Mitsubishi Corporation, has revealed its purchase of almost 200,000 tonnes of carbon dioxide removal (CDR) credits from three different projects, making...

Carbon credits have been a lot in the news lately, and for a good reason. In 2022, the global carbon credit market’s traded value was worth a whopping $978.56 billion, and it's expected to grow to $2.68 trillion by 2028, as shown by a new study. The...

Martello, a UK-based transition capital company, entered the voluntary carbon credits market, aiming to tackle concerns around transparency and credibility. The firm advises companies on structuring and fiduciary risks within the carbon markets and...

Europe's first carbon credit accounting methodology for seagrass bed protection was developed by a collaboration between organisations, allowing French companies to offset their emissions. The organisations involved in this pioneering effort are...

Carbon Neutral Royalty, a Vancouver-based firm that supports carbon credits generating projects in the voluntary carbon market (VCM), raised 25 million Canadian dollars ($18 million) from Beedie Investments, a multi-strategy direct investment...

Green bond sales reached a new record high in the first quarter of 2023, despite a brief market shutdown due to banking turmoil. According to data compiled by Bloomberg, global issuance of green bonds, the largest category of sustainable debt,...

Investment in nature-based solutions could create up to 20 million new jobs worldwide, particularly in rural areas, according to a report by the International Labour Organization (ILO), the United Nations Environment Programme (UNEP), and the...

The effectiveness of REDD+ carbon credits has recently been discussed, raising important questions in the carbon market. To address this, The Nature Conservancy, in partnership with TerraCarbon and other collaborators, is launching a new scientific...

India unveiled a draft plan for a carbon credit trading scheme, seeking input from stakeholders until April 14th, as part of the country's efforts to establish a carbon credit market. The Energy Conservation (Amendment) Bill, passed in December,...

New Forests, a global forestry investment company, started measuring biodiversity baselines across its assets in anticipation of emerging nature markets. Fairy ink cap fungi, Coprinellus, growing on a moss-covered fallen tree in temperate...

Singapore-based carbon exchange Climate Impact X (CIX) announced on 23 March 2023 the launch of a nature-based standardised (NBS) contract, which will provide buyers with credits and proceeds that support forest conservation efforts. The CIX Nature...

Xpansiv recently released its annual carbon market review for 2022. The report highlights key trends and insights in the voluntary carbon market (VCM) in 2022. Despite the challenges faced by the VCM, it continued to grow, with a focus on quality...

Russia emits around 2–3 billion tonnes of carbon emissions annually, accounting for about 5% of global emissions. Gazprombank (GPB), the country's third-largest bank, is one of the major payment channels for Russian oil and gas. To improve the...

Rwanda is looking to join the carbon market and will be announcing its offering in April 2023, according to the Minister of Environment, Jeanne d'Arc Mujawamariya. The carbon market allows entities to trade carbon credits earned by reducing...

The global carbon market has grown significantly in recent years, with the value of traded carbon permits hitting a record high of $909 billion in 2021. Despite a 20% decrease in the volume of permits traded, the market value rose by 14% due to...

On 10 February 2023, LanzaTech, an innovative carbon capture and transformation (CCT) company, began trading on Nasdaq under the ticker symbols LNZA and LNZAW, respectively. LanzaTech, formerly known as AMCI Acquisition Corp. II, raised $240 million...

In the global movement towards decarbonisation, carbon credits have emerged as a crucial tool for reducing emissions. The credibility of certain carbon credits has, however, been questioned in the past due to concerns about verification and...

Carbon markets are heating up across the United States, with states increasingly seeking to curb their carbon footprint. Washington state is no exception. With new developments in carbon policy, carbon sequestration, and carbon offsetting,...

On 21 February 2023, the price in the European Union's Emissions Trading System (EU ETS)—the ‘cap and trade’ scheme constituting the standard measure used to track the price of carbon credits in Europe—surpassed €100 per tonne. This increase...

Mission-driven investment and philanthropic firm Cairns Group and former Mayor of New York City Michael Bloomberg announced the formation of a new global initiative called the Carbon Trust. The aim of the trust is to help countries and companies...

US shipping company Norwegian Cruise Line will increase purchases of verified CO2 reduction credit (VCRC). The global cruise company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Its combined fleet of 28...

Oak Hill Advisors, one of the major players in credit markets, made the biggest bet yet on the forest carbon market, in the amount of $1.8 billion. A transaction initially planned at $500 million, Oak Hill Advisors managed to secure a $1.8 billion...

Investors remain optimistic about climate tech despite rumors of a decline earlier this year. The statistics are on track to surpass 2020 as the second-hottest year for investment! What is climate tech? Climate tech is short for Climate Technologies...

BeZero Carbon, a British company, raised $50 million during the Series B round. This round of funding brings BeZero to a total of $70 million. It is among the largest funds raised in the carbon offset rating companies. Investors for this round...

Xpansiv CBL Holding Group is currently revving up to its IPO on the Australian Stock Exchange later in 2022. It raised more than $100 million in funding over the past 2 years but has recently upped its pre-IPO raise to $100 million. Xpansiv CBL...