Sustainability and carbon market news

November saw renewed momentum in nature-based carbon removals, with project developers reporting substantial transaction volumes and new funding commitments despite a slowdown in equity activity. Data shows that developers disclosed around 670,000...

The global carbon credit market is projected to experience significant growth starting in 2025, according to a new report by MSCI. The market, valued at $1.5 billion in 2024, is forecast to surge to $35 billion by 2030 and potentially reach $200...

The Tokyo Stock Exchange (TSE) will introduce a dedicated trading category for carbon credits generated from biochar and rice cultivation projects, starting 6 January 2025. This marks an expansion of its J-Credit market, launched in October 2023,...

November saw a 10-month high in voluntary carbon credit retirements, with 15.8 million tonnes of CO2 equivalent (tCO2e) retired—a 7% increase compared to November 2023, according to a recent analysis of major carbon credit registries. This growth...

The European Union's cap-and-trade system, known as the EU Emissions Trading System (EU ETS), has played a pivotal role in reducing carbon dioxide (CO2) emissions across the bloc, according to a recent study. Launched in 2005, the EU ETS is the...

The global market for carbon removal credits is poised to reach $100 billion annually between 2030 and 2035, a significant leap from $2.7 billion last year, as per Oliver Wyman's latest analysis. The consultancy notes rising interest from corporate...

Airlines are set to invest $600 million in carbon offset credits in 2024, according to the International Air Transport Association (IATA). This move aligns with the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), a UN-led...

Vietnamese businesses are being urged to embrace green technologies and generate carbon credits to enhance their competitiveness and innovation. This push towards sustainability comes as Vietnam prepares to enter the global carbon credit market....

Tesla has officially entered South Korea's carbon credit market following approval from the Ministry of Environment, marking a significant stride in integrating electric vehicles into the local market. This development opens up substantial revenue...

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 carbon credit market for the aviation industry witnessed a significant price surge, with the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) futures doubling to $20 per tonne in just 48 hours. This dramatic increase is...

Google announced its commitment to invest $35 million in carbon removal credits over the next year, becoming the first major corporation to respond to the US Department of Energy's (DOE) call for establishing a carbon removal market. This...

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...

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 Economic Forum (WEF) predicts the demand for biodiversity credits soaring to $180 billion annually by 2050. According to a recent WEF report, a radical transformation in valuing nature could propel demand to $7 billion per year by 2030,...

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...