VCM MONTHLY: Healthy quarterly retirements across voluntary carbon market, CORSIA prices dive 25%
Over 50 million credits were retired over the first three months of 2026, the highest quarterly figure since Q1 2025, while the price of allowances under the UN’s offsetting scheme for global aviation have dropped by around 25% since the turn of the year.
Read MoreCarbon insurer announces new reinsurance partnership
A carbon insurance company has announced a new underwriting partnership with a division of an insurance marketplace.
Read MoreICAO approves two more carbon crediting programmes to supply CORSIA Phase 1
The International Civil Aviation Organization (ICAO) Council has approved two more programmes as eligible under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) for its first phase, covering 2024 to 2026.
Read MoreINTERVIEW: Sri Lanka’s carbon market ‘a world of opportunity’ held back by state inertia, says local developer
Sri Lanka has no meaningful carbon market today, but has the potential to unlock millions of tonnes of compliance-grade credits if bureaucratic delays and financing gaps are resolved, according to a Colombo-based developer.
Read MoreBRIEFING: Airlines face CORSIA bottleneck as government approvals lag
Airlines preparing for compliance under the UN’s international aviation offsetting scheme are running into a shortage of host country approvals needed to use carbon credits, even as project supply continues to grow.
Read MoreRussian carbon offset demand elevated since start of 2025 -analysts
Demand for offsets from Russian companies has increased since the start of 2025, with both the number of unique buyers and the volume of retirements from Russian entities in the voluntary carbon market higher – analysis from a data firm shows.
Read MoreAirline retires 150k CORSIA eligible carbon credits
An Asian airline has just retired 150,000 credits to comply with its obligations under the aviation sector’s international offsetting programme.
Read MoreICAO doubles down on call for member states to stop pursuing additional aviation climate levies
UN agency ICAO has reaffirmed that the CORSIA aviation offsetting scheme remains the “only global market-based measure” to address the sector’s international climate impact and that countries and other organisations must stop exploring additional aviation-related taxes.
Read MoreCarbon ratings agency launches operations in Japan
A carbon ratings company has established a new entity in Japan and is already serving local corporates and market participants, it announced Tuesday.
Read MoreLATAM Roundup: Govts back big reductions while ‘Microsoft pause’ shakes voluntary CDR
Latin American governments are backing large-scale CO2 reduction activities as a sustainable development strategy, scoring several high-profile wins last week, while the voluntary market (VCM) for CO2 removals (CDR) reeled from the announcement of mega CDR buyer Microsoft halting purchases.
Read More