Buyers seek higher quality carbon credits, as market sees marginal boost in annual retirements -report
The voluntary carbon market saw marginally higher retirements in 2024, when taking into account newer registries, amid an underlying shift towards higher quality credits from buyers, according to new analysis of credit retirements published on Monday.
Read More“Upstream carbon tax” required for sustainable growth in Armenia, World Bank says
A “well-designed upstream carbon tax” is among key policy developments required in Armenia if the country is to experience long-term sustainable growth, according to new research by the World Bank.
Read MoreDATA DIVE: Major companies retired 15-year-old carbon credits last year, but old vintages growing less popular
Several major international companies retired last year carbon credits with a vintage of 2010 or earlier, according to new Carbon Pulse analysis of registry data, though fewer and fewer older units are being retired across the voluntary market.
Read MoreMajor BP gas terminal in Azerbaijan hits flaring record in 2024
The largest BP gas processing plant in Azerbaijan carried out record levels of gas flaring in 2024, according to new research published on Thursday.
Read MoreVCM MONTHLY DATA: Retirements fall short of annual record as issuance boom pushes credit surplus to new heights
The voluntary carbon market (VCM) ended up falling just short of the annual credit retirement volume record in 2024, while a surge in issuances pushed the market’s surplus to new heights.
Read MoreChina releases two more methodologies ahead of national voluntary carbon market activation
China released two new methodologies for its national voluntary carbon market, ahead of an initial issuance of credits to the market that is expected in the coming weeks.
Read MoreNearly 100 countries submit DNAs to UN as Article 6 implementation gathers pace
Nearly 100 countries have now submitted their Designated National Authority (DNA) under Article 6.4 to the UNFCCC, indicating growing interest in carbon market participation following the breakthrough on international carbon markets at COP29 in Baku.
Read MoreDATA DIVE: How climate philanthropy became major driver behind carbon removal boom
The past five years have seen philanthropic giving towards the carbon dioxide removal (CDR) industry soar, with foundations becoming a major force getting innovative projects off the ground.
Read MoreDATA DIVE: Voluntary carbon market on course for record annual credit retirements
Based on data so far in December from major registries, the voluntary carbon market is set to record its biggest year ever for credit retirements, new analysis from Carbon Pulse shows.
Read MoreINTERVIEW: We feel the buzz in wake of COP29 Article 6 decision, says project developer
The CEO of a large carbon project developer has said that excitement is building across the voluntary carbon market after countries finalised the Article 6 rulebook at COP29 in Baku.
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