DATA DIVE: Significant interest in CCP-tagged carbon credits towards end of 2024
December saw a major jump in the retirement of credits tagged with Integrity Council for the Voluntary Carbon Market (ICVCM)’s CCPs quality label, registry data analysed by Carbon Pulse shows.
Read MoreDATA DIVE: Record number of new VCM entrants in 2024 a positive sign for the market
A record number of new entrants in the voluntary carbon market (VCM) in 2024 offers a positive signal, participants have said, despite lacklustre overall volumes and weak price movement over the past year.
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 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 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 MoreVCM MONTHLY DATA: Lift in November carbon credit retirements puts market on track to match last year
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.
Read MoreDATA DIVE: Integrity gradually improving across the voluntary carbon market
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.
Read MoreDATA DIVE: The carbon projects poised to profit if Article 6 gets over the line in Baku
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.
Read MoreDATA DIVE: Too soon to draw conclusions on CORSIA carbon credit supply and demand
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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