Sustainability and carbon market news

Public revenues from carbon pricing reached $107 billion in 2025, tripling over the past decade, according to the World Bank's State and Trends of Carbon Pricing 2026 report. A biodiverse rainforest illustrating nature-based carbon credits. AI...

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...

The cement and concrete sector has made notable progress in reducing its environmental impact over the past three decades, cutting CO₂ emissions per tonne by 25% since 1990. However, a new analysis from the Global Cement and Concrete Association...

EU carbon prices could surge to as much as €130 per tonne by 2028, setting the stage for a significant expansion in carbon capture, utilisation, and storage (CCUS) across heavy industry, according to the latest Carbonomics report from Goldman Sachs....

A new UN report suggests that carbon pricing could serve as a powerful catalyst for sustainable growth in small island developing states (SIDS), provided it is adapted to their specific economic conditions and integrated into broader national...

As global efforts to reach net-zero emissions accelerate, a new analysis from AlliedOffsets highlights the immense scale of investment required to make carbon removal a viable pathway toward environmental targets. Aerial view of a large BECCS...

A European project has achieved a market first by issuing verified CO₂ removal credits (CDRs) from asphalt enhanced with biochar, with prices exceeding €300 ($347) per tonne of CO₂ equivalent. The credits were certified under the Finland-based...

Washington State’s carbon offsets with direct environmental benefits to the state (DEBS) are forecasted to surpass $100 per tonne of CO₂ equivalent (tCO₂e) in the early 2030s under a base scenario, according to new analysis from cCarbon. 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 cost of carbon credits under the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) could spike to as much as $60 per tonne of CO₂ equivalent (tCO₂e) during the current compliance phase, according to new analysis by...

Carbon prices in the EU Emissions Trading System (EU ETS) saw a 7% rise in May, bolstered by heightened gas market volatility, renewed discussions on EU-UK ETS integration, and the launch of futures for the upcoming ETS2 market. Low-angle wide shot...

Demand is climbing fast for carbon credits tied to high-integrity reforestation and ecosystem restoration. Tech giants like Microsoft and Google are leading the charge, backing afforestation, reforestation, and revegetation (ARR) projects with price...

As the voluntary carbon market (VCM) shifts its focus to integrity and quality, a new analysis from carbon procurement platform Abatable finds that clean cookstove projects require enhanced budgets due to increased development costs, so buyers must...

Australia’s carbon credit prices climbed to their highest levels in nearly four months on Monday, following the Labor Party’s strong performance in the federal election and Prime Minister Anthony Albanese’s re-election. Forestry workers planting...

A newly introduced US bill—the Foreign Pollution Fee Act of 2025—could shift international trade norms by tying import fees to the carbon intensity of foreign goods. Senators Bill Cassidy and Lindsey Graham are proposing legislation that aims to...

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...

Singapore has strengthened its emissions reduction targets, pledging to cut greenhouse gas emissions by 17% to 25% between 2030 and 2035. This update, submitted to the United Nations on 10 February, refines the country’s Nationally Determined...

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...

Gabon is set to implement a new carbon levy on 15 February targeting aviation and maritime industries. The levy, priced at $17 per tonne of CO2 equivalent (tCO2e), is expected to cover 3–5 million tCO2e of emissions annually, according to Africa...

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 International Civil Aviation Organization (ICAO) has detailed new eligibility criteria for carbon offset registries under its CORSIA programme, covering 2021–2026. Verra, Gold Standard (GS), Climate Action Reserve (CAR), and Global Carbon...

The aviation industry is bracing for a major shift as a predicted shortfall in CORSIA-eligible carbon credits threatens to drive prices as high as $50 per tonne of CO2, according to a new report by MSCI. Analysts estimate a supply gap of up to 40...

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...

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 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...

EcoSafi, a company specialising in biomass-fuelled cookstoves, has made headlines with a significant carbon credit deal from its clean cooking project in Kenya. The credits have been sold for as much as $35 per tonne of CO2, significantly higher...

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...

Carbon pricing revenues reached a historic $104 billion in 2023, according to a World Bank report. More than half of this revenue was directed towards climate and nature-related programmes. Implemented through carbon taxes and emissions trading...

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...

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...

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...