VCM Report: Market continues slide as tech credits fall to 9-month low
Buying sentiment remained extremely weak across the voluntary carbon market (VCM) as the value of technology-based credits in particular continued to plummet, with multiple standardised exchange-traded offset contracts falling to their lowest end-of-week settlement since August.
Read MoreCarbon Pulse hires its way to record reporter headcount, doubles article output
(FREE READ) – Carbon Pulse has further boosted its coverage of regional and global carbon markets after completing a hiring drive that allowed it to welcome another four talented journalists, giving the unrivalled news provider a record staff size and doubled story count.
Read MoreANALYSIS: Mapping carbon project pathways for Paris Agreement era
Once thought to be at death’s door, the UN’s Clean Development Mechanism (CDM) lingers in the Paris Agreement-era, although there is a deep well of complexity on how its credits may be issued and used – resulting in many project proponents jumping ship for clearer waters in the voluntary carbon market.
Read MoreCORRECTION – Ratings agency assigns views to eight more carbon projects, three upheld
A carbon credit ratings agency has assigned ratings to eight more projects, it said in an update on Monday while upholding the ratings of three other projects as part of ongoing monitoring.
Read MoreHistory lesson: Experts strive to avert past mistakes with new global carbon market mechanism
Criticism abounds for carbon credits stemming from projects that do not result in any additional climate benefits, encouraging experts to figure out how the UN’s new crediting mechanism can avoid making the same mistakes in the post-2020 era.
Read MoreLatam firms hold first green mobility offset auction to promote bicycle use
A group of entities based in Brazil has held the world’s first sale of voluntary carbon credits related to micro-mobility, with the units sold via an auction hosted by Singapore-based exchange AirCarbon (ACX).
Read MoreVCM price surge puts intermediary profits in crosshairs
Rapid inflation in nature-based voluntary carbon offset prices has left the industry facing criticism this week for cashing in at the expense of environmental causes.
Read MoreRatings agency assigns views to nine more carbon projects
A carbon credit ratings agency has assigned ratings to nine projects, it said in an update on Tuesday, that takes the firm’s coverage to just over half of the credits issued in the voluntary carbon market.
Read MoreShell, Origin want phased-out access to CDM for Australian offset buyers
Australian companies should over time lose the ability to use carbon credits from the UN’s Clean Development Mechanism (CDM) for offsetting purposes, oil major Shell and power generator Origin Energy have said.
Read MoreVCM Report: VER prices meander as market searches for buyers
Voluntary emissions reduction (VER) values largely faded or held steady this week as traders pointed to a lack of activity in the voluntary carbon market (VCM) and uncertainty about where the next round of buyers will come from.
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