BRIEFING: Global carbon markets’ value lowest since 2021, year ahead critical -report
Global carbon markets contracted in 2025, with their total value falling to €791 billion, the lowest since 2021, analysts’ calculations have found, with 2026 now seen as a pivotal year for setting the long-term direction of the sector.
Read MoreLATAM Roundup: Sights set on CORSIA amid Kenya debacle
Several Latin American governments are aiming to bring new CORSIA supply online via jurisdictional carbon programmes, while Kenya’s decision to deny cookstoves developer Koko Networks a Letter of Authorisation (LoA) continues to shock the market.
Read MoreVCM Report: Spot CORSIA-eligible carbon credits slump, Koko collapse continues to stir debate
Spot prices for Phase 1 CORSIA carbon credits tumbled last week amid a lacklustre voluntary market, where the recent collapse of the Koko Networks cookstove and clean fuel provider continues to stir debate.
Read MoreVCM MONTHLY DATA: Carbon credit retirements down 9 mln YoY, lowest monthly issuance for five years
January retirements across the voluntary carbon market (VCM) fell by nine million year-on-year, while issuances also slipped to levels last seen five years ago – with one registry failing to record any new supply for the past three months.
Read MoreVCM Report: CORSIA futures tumble, as cookstove developer closes down over Kenya LoA issue
CORSIA carbon futures tumbled again last week, detaching themselves from spot prices for the aviation offsetting scheme, amid an eye-opening week for the Paris Agreement market after a major energy and cookstove provider company went bust because Kenya would not agree to authorise international credit trade.
Read MoreVCM Report: CORSIA contracts fall for second week running, floor seen at $15/t
CORSIA-eligible spot and futures prices softened last week, although volumes remain very thin amid a market that has yet to strike a balance on fundamentals, sources noted.
Read MoreNepal secures $55 mln forest finance deal with LEAF Coalition, opens door to compliance use
Nepal has become the first Asian country to sign an agreement with the LEAF Coalition, unlocking up to $55 million in results-based climate finance for forest protection in a major step towards the use of jurisdictional REDD+ credits in international compliance markets.
Read MoreCFME26: UAE eyes opportunity as buyer, seller of carbon credits
The UAE is in the unique position of being both a potential buyer and seller of international carbon credits, carbon market participants said during the Carbon Forward Middle East conference last week.
Read MoreVCM Report: CORSIA carbon futures fall against grain of forecasts for tight market
Futures for Phase 1 CORSIA slid last week despite the International Civil Aviation Organisation (ICAO) publishing country-by-country offsetting data, which reaffirmed emissions would be higher than previously expected for 2024-26 period of the scheme.
Read MoreCFME26: Morocco developing corresponding adjustments framework for Article 6 credits
Morocco is aiming to develop a corresponding adjustments (CAs) methodology under Article 6 of the Paris Agreement this year, an expert said at Carbon Forward Middle East this week.
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