VCM Report: Bargain hunting continues to dominate voluntary carbon market
Small pockets of high value trades failed to lift the market out of the bargain hunting culture that continues to suppress voluntary carbon credit prices.
Read MoreVCM Report: CORSIA carbon futures slip as uncertainty continues to bite
Standardised CORSIA Phase 1 contracts slipped last week amid ongoing uncertainty around US participation in the scheme, even as liquidity on futures jumped, while credit retirements remained below the 2024 weekly average despite analysts forecasting a record year for the market on the demand side.
Read MoreVCM MONTHLY DATA: Millions of Shell retirements fail to stop January slump
Oil major Shell retired more than 5 million carbon credits in January across the major registries – but even with that contribution, total retirements for the month fell year-on-year.
Read MoreVCM Report: Credits from African soil carbon project hang in balance to further knock market confidence
Confidence in the integrity of the voluntary carbon market took another blow last week after a court ruling threatened to invalidate credits from the world’s largest soil carbon project, amid continued low prices across the sector.
Read MoreVCM Report: Market ticks along amid cookstoves, US political uncertainty
Indecision and uncertainty continued to plague the voluntary carbon market after news broke that the Integrity Council for the Voluntary Carbon Market (ICVCM) may not decide on which cookstoves methodologies will qualify for the Core Carbon Principles (CCP) quality label until the end of March, while participants continued to digest the possible impact of US President Donald Trump’s withdrawal from the Paris Agreement.
Read MoreVCM Report: Prices flatline, but new entrants to market, SBTi growth strike bullish outlook
Prices were little changed amid a quiet start to the year, but fresh analysis of the new entrants to the market in 2024, as well as a surge in the number of companies setting science-aligned climate targets painted a bullish outlook.
Read MoreVCM Report: Shell keeps up retirement spree, jump in North American prices keep voluntary market ticking over
Shell continued its voluntary carbon credit retirement spree last week to keep the market ticking over, amid a quiet start to the year that is relying on pockets of North American demand to prop up prices.
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 MoreVCM Report: Outlook for market brightens in 2025 after tough year
The market outlook for 2025 is more upbeat after a difficult previous 12 months, due to an expected demand boost from Phase 1 of CORSIA and the development of Paris Agreement trading after the historic decision to finalise Article 6 at COP29.
Read MoreVCM Report: Boost from smaller carbon registries keeps credit retirements set for annual record
Retirements of voluntary carbon credits remained high last week across the big four registries, which saw the gap continue to narrow to last year’s record total, but other, smaller organisations have seen volumes grow, putting 2024 on course to hit a fresh annual high.
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