Carbon Market News

Market Updates

Kita Announces Strategic Investment from the Tokio Marine Group and Deepened Partnership

Tokio Marine Group has made a strategic investment in carbon insurance specialist Kita through Tokio Marine & Nichido Fire Insurance. The investment deepens an existing relationship under which Kita and Tokio Marine Kiln developed political risk insurance for carbon credit transactions. In Japan, Kita and TMNF are now developing insurance to protect carbon credit buyers from transaction risks, including the non-delivery of credits for which buyers have prepaid. The companies will also explore satellite-based carbon project risk assessments for TMNF customers. TMNF intends to combine these capabilities with Nippon Koei’s field assessments, project design, due diligence and implementation support to establish a one-stop service covering early-stage screening, investment assessment and long-term project delivery. However, the investment amount, ownership stake, product launch date, eligible project types, coverage limits and pricing were not disclosed. The satellite assessment and lifecycle support offerings also remain under consideration rather than commercially available services.
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#TokioMarine #Kita #CarbonInsurance #NonDeliveryRisk #PoliticalRiskInsurance #RiskAssessment #SatelliteAnalytics

Backed by Japan’s JCM, Indonesia Breaks Ground on Landmark Waste-to-Energy Project

Indonesia has begun constructing the US$400 million Legok Nangka waste-to-energy facility in West Java, its first such project developed through a public-private partnership. Supported by Japanese institutions and reportedly US$46 million in JCM-related financing, the plant will process approximately 1,853–2,131 tonnes of municipal waste daily from six West Java municipalities and regencies. Once operational, it is expected to generate 40.79 MW of electricity and reduce emissions by approximately 311,874 tCO₂e annually. Construction is scheduled to last 41 months, with commercial operations targeted for 2029. PT Jabar Environmental Solutions is developing the project through a consortium involving Sumitomo Corporation, Hitachi Zosen Corporation and PT Energia Prima Nusantara. However, the estimated emission reductions are projections rather than issued JCM credits. Publicly available information does not yet clarify the approved methodology, crediting period, allocation between Indonesia and Japan, authorization status or whether corresponding adjustments will apply to any internationally transferred mitigation outcomes.
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#Indonesia #Japan #JCM #LegokNangka #WasteToEnergy #CarbonFinance #CarbonCredits #Article6

The Hood River Tree Farm Project Issues CCP-Labeled Credits

The Hood River County Tree Farm project in Oregon issued its first carbon credits, which received the ICVCM’s Core Carbon Principles label. Developed by The Climate Trust and the Hood River County Forestry Department, the project covers more than 32,000 acres of predominantly Douglas-fir and ponderosa pine forest. It is registered under ACR’s Improved Forest Management on Non-Federal U.S. Forestland Methodology, Version 2.1. The project aims to increase carbon storage by extending the forest’s average timber rotation age to as much as 90 years, compared with the regional practice of harvesting trees over approximately 45 years old. It will also use a dynamic baseline that periodically recalculates its carbon impacts. Revenue from carbon credit sales will support the county’s forest management, recreational opportunities and wildlife habitat conservation, while potentially financing the acquisition of additional forestland for inclusion in the project.
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#HoodRiver #TheClimateTrust #ACR #ICVCM #CCP #IFM #Oregon #NBS

Econetix Closes Million-Dollar CORSIA Deal As Airlines Race To Secure Eligible Credits

Econetix completed its first delivery of CORSIA Phase 1-tagged credits to a major international commodity trading house, fulfilling a million-dollar offtake agreement signed earlier in 2026. The company did not disclose the buyer, delivered volume, project, price or delivery schedule. Econetix said the transaction demonstrates its ability to move credits from an Article 6-authorized project portfolio through registry tagging and commercial delivery as airlines and traders seek supply ahead of the January 2028 cancellation deadline. Its next project in the pipeline is a Rwanda cookstove initiative expected to deliver 1.3 million CORSIA Phase 1-eligible credits. Econetix said its portfolio complies with Tool 33 requirements and is supported by host-country Letters of Authorization, under which corresponding adjustments are intended to prevent the same emission reductions from being counted toward both CORSIA use and host-country climate targets.
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#Econetix #CORSIA #CP1 #CEEUs #OfftakeAgreement #Article6 #CorrespondingAdjustment #Cookstoves #Rwanda #Aviation

BEClimate and Xpansiv Launch BEVerify Registry To Bring Carbon Credits To Buildings

BEClimate has launched BEVerify, a dedicated registry designed to connect building decarbonization projects with global carbon markets. Developed by BEClimate, powered by Quidos and delivered with Xpansiv, the platform aims to unlock finance for energy-efficiency upgrades in schools, care homes and commercial properties, where energy savings alone often fail to justify upfront costs. BEVerify converts verified improvements in building performance into auditable carbon assets, allowing owners to include carbon-credit revenue in project economics from the outset. Its digital measurement, reporting and verification system uses continuous asset-level monitoring and has demonstrated reduction-to-issuance times measured in minutes rather than months. The automated verification model is intended to reduce administrative delays while preserving a traceable digital audit trail. Combining BEClimate’s built-environment methodology with Xpansiv’s cloud-native, API-driven registry infrastructure, BEVerify is designed to support audit-grade traceability and interoperability with other registries and emerging Article 6 and CORSIA programs, while offering buyers tangible, localized emissions reductions.
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#BEClimate #BEVerify #Xpansiv #Quidos #Buildings #Dmrv

Google, McKinsey, Tencent invest in Indonesia carbon removal

Thryve.Earth secured its first corporate carbon removal offtake commitments through separate 10-year agreements involving Google and McKinsey, through the Symbiosis Coalition, and Tencent. Google and McKinsey will jointly purchase more than 335,000 tonnes of removals, while Tencent committed to 300,000 tonnes in its first carbon removal offtake outside China. The removals will come from Thryve’s project to restore 6,000 hectares of degraded land in Sulawesi, Indonesia. The project will use a multilayer agroforestry system combining sugar palms and timber trees with fruit, coffee and annual crops. The model aims to sequester carbon, replenish soils, reduce fire risks and increase biodiversity while diversifying local farmers’ income. Thryve said the long-term commitments provide the volume and price certainty needed to raise financing and expand the project.
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#Google #McKinsey #Tencent #ThryveEarth #SymbiosisCoalition #CarbonRemoval #Agroforestry #Indonesia #NBS

The System That Removes Carbon and Makes Cleaner Fuel at the Same Time

Tencent’s CarbonX Program is supporting Parallel Carbon as it advances an integrated system that combines direct air capture with clean hydrogen production. Its membrane-free electrolyser produces hydrogen while generating the acids and bases required to release concentrated CO₂ from mineral sorbents and regenerate the capture material. This integration could create two revenue streams and reduce carbon removal’s dependence on credit sales alone. The hydrogen may support fertilizer, lower-carbon shipping fuels and sustainable aviation fuel, while captured atmospheric CO₂ must be permanently stored to qualify as carbon removal. Parallel Carbon plans to begin commissioning and testing Project Tsavorite in Kenya in 2027, using local renewable electricity and potentially storing CO₂ through mineralisation in basalt formations. Tencent has provided grant funding and helped establish local partnerships. However, the project remains at the demonstration stage, and its commercial-scale costs, net removal efficiency, operating performance, lifecycle emissions and monitoring arrangements have yet to be demonstrated under field conditions.
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#Tencent #CarbonX #ParallelCarbon #DAC #CarbonRemoval #CleanHydrogen #Kenya #GreenAmmonia #SAF

PLN Indonesia Power, South Pole Explore Expanded Carbon Market and Decarbonization Partnership

PLN Indonesia Power and South Pole are exploring an extension of their carbon trading partnership for the Gunung Salak geothermal power plant. This collaboration allows the Indonesian state-owned utility to issue and sell verified carbon credits from its renewable energy projects, creating a new revenue stream beyond electricity generation. By effectively monetizing these green assets, the initiative supports the company’s broader decarbonization strategy and accelerates Indonesia’s transition toward a sustainable, low-carbon economy.
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#SouthPole #Indonesia #CarbonCredits #GeothermalEnergy #RenewableEnergy #ClimateFinance #BeyondEnergy

Sumitomo Mitsui Banking Corp Invests In Deep Sky To Support DAC And CDR In Japan

Sumitomo Mitsui Banking Corporation (SMBC) has made a strategic investment in Montreal-based Deep Sky, marking its first-ever funding allocation under its Social Value Creation Investment Fund into the CDR and DAC sectors.The investment aims to leverage Deep Sky’s project development and CO2 storage expertise to secure high-quality carbon removal credits, establishing a vital Japan-Canada carbon removal corridor. SMBC will utilize these market and technological insights to support its corporate clients’ decarbonization strategies and expand Japan’s domestic carbon ecosystem.
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#SumitomoMitsuiBankingCorporation #DeepSky #CarbonRemoval #DAC #CDR #GreenFinance #NetZero #ClimateTech

Amazon Opens Carbon Credit Service to UK Companies Pursuing Net-Zero Targets

Amazon has expanded its carbon credit service to the UK, marking its first international market outside the United States since its 2025 launch. Available through Amazon’s Sustainability Exchange, the service provides vetted climate credits and supply-chain decarbonisation tools (such as fuel insets) to help businesses address residual emissions.
To qualify, UK companies must maintain a net-zero target for 2050 or earlier covering Scope 1, 2, and 3 emissions, while publicly reporting their greenhouse gas data. Early adopters include Co-op Live and euNetworks.
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#Amazon #CarbonCredits #Scope3 #NetZero #UK #Decarbonisation #SupplyChain #CoOpLive #euNetworks