CN Markets: CEAs hold firm after compliance deadline, but volume tanks
Chinese carbon allowance prices held firm this week, propped up by demand from companies that missed the Dec. 31 compliance deadline, but trading volumes plummeted.
Read MoreNatural capital specialist nabs key UN Article 6 legal expert amid rapid scale-up
Natural capital specialist Climate Asset Management has hired a veteran international carbon market expert as its aim to deploy $1.6 billion of investments worldwide gathers pace.
Read MoreMinistry proposes minor cut in China ETS allocation
China’s environment ministry is proposing to reduce the number of CO2 allowances to be distributed under its national CO2 emissions trading scheme for 2021, but likely not enough of a cut to avoid another year of oversupply.
Read MoreVCM Report: VER issuances, retirements end year 65-70% higher over 2020 levels
Issuances and retirements of voluntary emissions reductions (VERs) skyrocketed over the course of 2021 from the four main carbon credit registries, as escalating demand in the voluntary carbon market (VCM) drove offset prices to continuous new records that held mostly steady over the holiday break.
Read MoreCarbon offset project development ripe for market consolidation -report
Deals struck in 2021 between carbon offset project developers and large financiers highlight the potential for voluntary carbon market supply consolidation, a trend that also risks leaving hundreds of smaller project developers on the sidelines as the industry rushes to fill a projected surge in demand.
Read MoreCN Markets: Most Chinese companies meet ETS deadline amid late price spike
Allowance prices in China’s national carbon market rose to nearly $10 amid a flurry of trading activity in the last week of the year, which eventually saw 99.5% of market participants meet their compliance deadline for 2019 and 2020.
Read MoreForest carbon projects are most effective in 50 countries -OECD
Forest carbon project developers should better target their activities to areas that can have the most positive climate impact, according to an OECD report that ranks the best countries for offset projects worldwide.
Read MoreCN Markets: CEA price ticks up as compliance rush continues, but muddy outlook for CCERs
Chinese CO2 allowances rose to a fresh four-month high this week as some companies continued buying units to finalise their compliance, while the uncertainties surrounding the future of the domestic offset market drove speculation of possible institutional changes.
Read MoreFEATURE: Who will win the race to become the Asia-Pacific’s carbon trading hub?
A number of cities are jockeying to position themselves as the main trading hub for the plethora of emerging carbon markets in the Asia-Pacific. We asked a large number of market participants to cast votes on which they think will win.
Read MoreFEATURE: Plugging the EU leak – all eyes on upstream natural gas emissions
Natural gas, touted by some as a gateway fuel to decarbonisation, has increasingly come under fire in the EU for emissions associated with its full production cycle, where the bloc’s cap-and-trade system continues to send incomplete price signals and voluntary carbon markets grapple with the gap.
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