Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Biomass carbon credits to be auctioned on BCX in September
Malaysia’s first technology-based biomass carbon credit project will be auctioned on Bursa Carbon Exchange on September 29. The Verra-registered Malaysia Grouped Biomass Waste Recovery and Utilisation Project in Penang converts high-moisture biomass residues, including palm oil empty fruit bunches and wood chips, into energy that replaces fossil-fuel boilers and turbines. Its first issuance tranche covers vintages 2023 and 2024, with 215,000 credits available, although the auction volume has not been finalized. Project developer Climate Quest has set an indicative reserve price of RM20–RM25 per tonne of CO2e. BCX has auctioned five projects since its launch, including three carbon credit and two renewable energy certificate projects. However, the exchange reports limited voluntary-market liquidity because domestic demand remains weak. Its 2024 auction of credits from Sabah’s Kuamut Rainforest Conservation Project attracted interest, but foreign buyers purchased 98%, highlighting the need to expand Malaysian corporate participation in the voluntary carbon market.
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#Malaysia #BCX #BursaCarbonExchange #CarbonCredits #BiomassEnergy #Verra #CarbonAuction
New Gold Standard tool helps renewable-energy projects in 85% of countries overcome data barriers
Gold Standard has published Tool 10, a mandatory technical addendum supporting renewable energy projects that apply the UNFCCC Article 6.4 grid-emissions methodology under GS4GG. An independent assessment found that fewer than 15% of host countries possess the digital infrastructure required for the methodology’s preferred high-resolution data approaches. Tool 10 introduces three provisional measures for data-constrained markets. First, eligible projects lacking hourly dispatch data may use annual data with a 10% conservativeness discount. Second, vintage-decay calculations may apply a 5% ceiling, a 24-month administrative lag buffer and a floor preventing negative emission factors. Third, renewable projects paired with adequately sized battery energy storage systems may qualify as non-intermittent generation under specified conditions. Gold Standard says these time-bound measures preserve environmental integrity while preventing developing-market projects from losing access to carbon finance because of unavailable data infrastructure. The addendum reflects differing national capabilities while improving baseline stability, auditability and methodological accessibility.
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#GoldStandard #Article64 #RenewableEnergy #CarbonCredits #CarbonMethodology #GridEmissionFactor #BESS
ClimeCo, Marsoft Issue Shipping Carbon Credits
ClimeCo and Marsoft have completed the first issuance of Gold Standard carbon credits under the GreenScreen shipping decarbonisation project. The credits, available for immediate delivery, represent verified emissions reductions from energy-efficiency retrofits on vessels. More than 350 ships are enrolled, using upgrades that reduce fuel consumption and associated carbon dioxide emissions without requiring fleet replacement. The methodology was developed with the MIT Sea Grant Design Laboratory, while ClimeCo supports project registration, issuance and market access. Revenue from credit sales is intended to help shipowners finance additional retrofits while lower-carbon fuels and propulsion technologies remain commercially limited. GreenScreen therefore links voluntary carbon finance with near-term operational reductions in international shipping, a sector responsible for approximately 3% of global greenhouse gas emissions.
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#Shipping #MaritimeDecarbonisation #GreenScreen #ClimeCo #Marsoft #GoldStandard #CarbonCredits
Bangladesh Issues First Clean Cooking Authorization Under Article 6 To ATEC
ATEC has received a Letter of Authorization from Bangladesh’s Ministry of Environment, Forest and Climate Change for its Electric Cooking Program, becoming the country’s first clean-cooking developer authorized to generate mitigation outcomes for international transfer under Article 6.2 of the Paris Agreement. The program will deploy high-efficiency induction stoves in the Chattogram division and is expected to reduce 1.29 million tonnes of CO2e by 2030. Registered under Gold Standard’s Metered and Measured Energy Cooking Devices methodology, the project will continuously measure baseline energy consumption and reductions achieved by participating households. Internet of Things technology installed in the stoves will enable real-time monitoring, producing digitally verifiable and auditable emissions data. The authorization includes corresponding-adjustment requirements to protect the integrity of internationally transferred mitigation outcomes. ATEC expects the project’s first carbon credit issuance in December 2026 and says the authorization provides policy certainty that can help mobilize international climate finance.
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#Bangladesh #ATEC #Article6 #CleanCooking #GoldStandard #CorrespondingAdjustment #ITMO
Improved Cookstove Mitigation Activity Authorised by Switzerland and Zambia
Switzerland and Zambia have authorized the BioLite Improved Cookstoves activity under Article 6.2 of the Paris Agreement, marking their first authorized mitigation activity under the bilateral climate agreement. The activity will distribute 163,500 fuel-efficient Dura Stoves through local partners, reducing household fuel use and emissions by approximately 65% compared with traditional cooking methods. BioLite Carbon SPV 2 will own the activity, while the KliK Foundation will purchase the resulting ITMOs to provide essential carbon finance. The revenue will subsidize stove costs and support manufacturing, distribution and monitoring. Beyond reducing emissions and deforestation, the activity is expected to improve indoor air quality, reduce fuel-collection time, create local employment and support Zambia’s target of expanding clean cooking access to 40% of its population by 2030.
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#BioLite #KliKFoundation #Zambia #Switzerland #Article6 #Article62 #ITMO #Cookstoves #CleanCooking
NSTDA Advances “Food Surplus Credit,” Turning Surplus Food Recovery into Carbon Credits to Drive Asia’s Sustainability Agenda
Thailand’s NSTDA is advancing the “Food Surplus Credit” concept through T-VER methodology T-VER-S-METH-09-09, approved by the Thailand Greenhouse Gas Management Organization. The methodology quantifies emissions avoided when eligible edible surplus food is recovered and donated instead of being landfilled, while deducting emissions from refrigeration, freezing, transportation, food preparation and packaging. Eligible food must be clean, safe and donated free of charge, while beverages are currently excluded. Verified emission reductions can be certified as TVERs and traded in Thailand’s domestic voluntary carbon market, creating incentives for businesses to reduce food waste and supporting transparent ESG reporting. Thailand’s Food Bank integrates expertise from NECTEC, BIOTEC and MTEC to improve food redistribution. NSTDA is also engaging with the Asia Carbon Institute to explore aligning the methodology with ACI’s framework and adapting the Thai approach for wider application across Asia.
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#Thailand #NSTDA #TVER #FoodSurplusCredit #FoodWaste #CarbonCredits #CircularEconomy
Tanzania Targets $4M From Four New Carbon Projects
Tanzania has approved four carbon projects valued at more than US$52.1 million, involving BURN, UpEnergy, Water Mission and Bridge Carbon. The projects are expected to generate approximately 4.2 million carbon credits for international trading, with the government anticipating an 8% revenue share worth about US$4.2 million. Activities include clean cooking, improved cookstoves and safe-water access. By 2034, the initiatives could distribute more than 900,000 clean cookstoves to over 600,000 households. A nationwide water program covering 26 regions could reach more than one million households, create about 1,000 direct local jobs and support over 100 local suppliers. Collectively, the projects may reduce emissions by one to two million tonnes annually while supporting climate resilience, environmental conservation and Tanzania’s Development Vision 2050.
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#Tanzania #Article6 #CleanCooking #Cookstoves #SafeWater #BURN #UpEnergy #WaterMission #BridgeCarbon
Indonesia taps Rubicon for blue carbon
Indonesia has formed a co-investment partnership with Rubicon Carbon to finance blue carbon credit projects by combining public and private capital through a dedicated vehicle. The government will support project development by facilitating land access, permits and engagement with local communities, although financial details were not disclosed. The partnership’s first stage is expected to develop Indonesia’s largest blue carbon mangrove restoration initiative, covering up to 70,000 hectares along Java’s northern coast, with potential expansion following a successful pilot. The initiative supports President Prabowo Subianto’s ambition to generate billions of dollars from carbon credits and revive Indonesia’s carbon sector. Indonesia was previously one of Asia’s largest voluntary credit suppliers before restricting exports in 2022 while reviewing the use of domestic offsets toward its national climate goals.
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#Indonesia #BlueCarbon #MangroveRestoration #CarbonCredits #Java #RubiconCarbon
South Africa Farmers Receive First Carbon Credit Payouts
The TASC-led GRASS Group Project has distributed its first carbon-credit revenues, paying R2.7 million to 15 farming communities in South Africa. The payments followed the issuance of 266,254 verified carbon units for the first monitoring period. Developed with Meat Naturally Africa, the project restores degraded rangelands through regenerative grazing, improved livestock management and sustainable land stewardship. It currently covers more than 95,000 hectares and involves around 180 communities and nearly 10,000 livestock farmers. The credits are reportedly the first to combine Verra’s VM0042 methodology with CCB certification. Revenues are distributed through community grazing associations, with communities expected to receive over 50% of net revenues during the first decade and up to 80% by year 20.
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#SouthAfrica #GrasslandRestoration #RegenerativeGrazing #CarbonCredits #VM0042 #CCB #BenefitSharing
Econetix Gains Rwanda Authorization To Market For CORSIA-Eligible Carbon Credits
Econetix has secured a Letter of Authorization from Rwanda for its Verra-certified Rwandan Improved Cookstove Project, developed with local partner Likano. The authorization covers up to 1.77 million tonnes of emissions reductions generated between September 2022 and August 2027. These credits may be transferred internationally under Article 6 of the Paris Agreement, with Rwanda applying corresponding adjustments to prevent double counting. Most of the credits fall within CORSIA’s first compliance phase. The project adds potential supply to a constrained market, where Econetix estimates airline demand could reach 170–236 million credits, compared with only around 38–40 million eligible units currently authorized worldwide.
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#Econetix #Rwanda #CORSIA #Article6 #CorrespondingAdjustment #Cookstoves #LoA