VCM MONTHLY DATA: Lift in November carbon credit retirements puts market on track to match last year

Published 18:15 on December 10, 2024  /  Last updated at 18:15 on December 10, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, Nature-based, Voluntary

Retirements in the voluntary carbon market (VCM) lifted slightly month-on-month in November, with signs that corporates are looking to retire more credits at the end of the year as they aim to meet decarbonisation targets, putting this year on track to match the 2023 annual total.

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DATA DIVE: Integrity gradually improving across the voluntary carbon market

Published 14:05 on November 29, 2024  /  Last updated at 17:08 on December 2, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, Nature-based, Voluntary

Integrity appears to be improving in the voluntary carbon market, according to three sets of project ratings data shared with Carbon Pulse, suggesting that efforts to improve quality on both the supply and demand sides are gradually paying off.

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DATA DIVE: The carbon projects poised to profit if Article 6 gets over the line in Baku

Published 15:18 on November 20, 2024  /  Last updated at 15:18 on November 20, 2024  / /  Americas, Asia Pacific, Climate Talks, Data Dive, EMEA, International, Kyoto Mechanisms, Paris Article 6, Voluntary

With hopes of a breakthrough on Article 6 remaining high as COP29 races towards its conclusion, data from first-moving countries and projects reveals a market poised to make full use of Article 6 carbon trading once market dynamics are fully operationalised.

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DATA DIVE: Too soon to draw conclusions on CORSIA carbon credit supply and demand

Published 11:32 on November 15, 2024  /  Last updated at 16:20 on November 22, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, Data Dive, EMEA, International, Nature-based, Paris Article 6, Voluntary

With four new standards approved to supply CORSIA compliance last month, and the aviation sector now well into its first phase, the voluntary carbon market is starting to make predictions around prospective supply and demand for the UN’s international aviation offsetting scheme – but it may be too soon to forecast what will be needed, and what will be available to buy.

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DATA DIVE: VCM moves towards offtake agreements and buying to retire

Published 10:09 on November 12, 2024  /  Last updated at 11:02 on November 12, 2024  / /  Africa, Americas, Asia Pacific, Data Dive, EMEA, Nature-based, Voluntary

More and more buyers in the voluntary carbon market (VCM) are moving towards offtake agreements and increasingly buying to retire rather than resell, new data seen and analysed by Carbon Pulse suggests.

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DATA DIVE: October sees big jump in retirements of CCP-tagged carbon credits as market awaits next ICVCM decision

Published 08:03 on November 8, 2024  /  Last updated at 12:33 on November 8, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, Nature-based, Voluntary

October saw a big month-on-month jump in the retirement of credits tagged with ICVCM’s Core Carbon Principles (CCPs) high-integrity label, carbon registry data analysed by Carbon Pulse shows.

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VCM MONTHLY DATA: Highest October issuance, retirement levels for three years puts market on track for record year

Published 09:35 on November 7, 2024  /  Last updated at 09:35 on November 7, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, Nature-based, Voluntary

Last month saw the highest October figures for voluntary carbon credit retirements and issuances for three years, data analysed by Carbon Pulse shows.

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DATA DIVE: More and more airlines appear to be retiring carbon credits

Published 11:20 on October 17, 2024  /  Last updated at 19:18 on November 5, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, Data Dive, EMEA, International, Voluntary

An increasing number of the world’s largest airlines are retiring voluntary carbon credits, according to data from the Verra, Gold Standard, ACR, and Climate Action Reserve (CAR) registries.

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VCM MONTHLY DATA: Shell leads retirees in September as issuances soar to three-year high

Published 18:11 on October 7, 2024  /  Last updated at 18:11 on October 7, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, International, Nature-based, Voluntary

Issuances in the voluntary carbon market (VCM) soared to their highest level in September for three years, while oil major Shell was the largest retiree of credits, according to new analysis of registry data from Carbon Pulse.

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DATA DIVE: Britain’s coal achievement comes against backdrop of ever-increasing global consumption

Published 17:21 on September 30, 2024  /  Last updated at 17:49 on September 30, 2024  / /  Asia Pacific, China, Data Dive, EMEA, UK ETS

On Sep. 30, Britain’s last coal-fired power plant in operation, at Ratcliffe-on-Soar in Nottinghamshire, powered electricity to the UK grid for the final time.

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