VCM Report: CORSIA prices strengthen, Indonesia opens up to international carbon market after three years
Spot credits for Phase 1 of CORSIA traded around $14 this week, while the ending of Indonesia’s moratorium on selling voluntary carbon units internationally looks set to unleash a flood of fresh REDD issuances onto the market.
Read MoreVerra rice methodology approved for first two CORSIA phases
The International Civil Aviation Organization (ICAO) has approved a Verra methodology for the improved management of rice systems for use in the first two compliance phases of UN aviation sector offsetting scheme CORSIA, the standard announced on Thursday.
Read MoreParaguay expects to surpass $1 bln in carbon credit deals with Singapore, says ministry
Paraguay’s government expects investments from Singapore in its carbon credit projects to exceed $1 billion, a minister said on Wednesday.
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 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 MoreVCM Report: News of pause to Microsoft’s carbon removal buying programme shakes up market
News of Microsoft possibly pausing carbon dioxide removal (CDR) buying sent shockwaves through the nascent market late last week.
Read MoreFEATURE: Paraguay goes all-in on Article 6
Confidence in achieving Paraguay’s emissions-reduction goals stated in its Nationally Determined Contribution (NDC), partially on the back of the country’s jurisdictional REDD+ programme, is enabling the government to authorise all generated credits freely for international transactions.
Read MoreCarbon credit volumes fell in Q1 while higher-rated units drove market value -report
Carbon credit retirements fell in the first quarter of 2026 while average prices edged higher, data published Wednesday showed, with higher-value units increasingly associated with projects meeting stricter quality, compliance, and methodological criteria.
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