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
BURN Secures Nigeria’s Authorization To Sell Carbon Credits To CORSIA
BURN has secured host country authorization from Nigeria to supply carbon credits to the CORSIA market, marking a key step in transforming project-based supply into compliance-eligible credits. The approval enables the transfer of clean cooking credits with corresponding adjustments, ensuring eligibility for international use. According to BURN, this is the first authorization of its kind in Nigeria, signaling the country’s intent to engage more actively in global carbon markets and attract climate finance. The development highlights the growing role of sovereign authorization in shaping carbon supply.
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#CORSIA #Article6 #BURN #Nigeria #LetterOfAuthorization #Cookstoves
Bhutan, Singapore launch four new climate projects
Bhutan and Singapore have launched four new climate projects as part of their bilateral cooperation under Article 6 of the Paris Agreement. The initiative reflects a growing trend of cross-border carbon partnerships, where developing countries provide mitigation opportunities while more developed economies support financing and demand. These projects are expected to generate tradable carbon credits, potentially in the form of ITMOs. The development highlights Singapore’s strategy to secure carbon supply and reinforces the increasing role of bilateral agreements in shaping the emerging international carbon market.
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#Article6 #CarbonMarkets #ITMO #Singapore #Bhutan #Article6
Valor Carbon, Valitera Sign MoU With Kyrgyzstan’s Climate Finance Center To Advance Carbon Market
Valor Carbon and Valitera have signed agreements with the Kyrgyzstan government to develop carbon projects and support the country’s entry into international carbon markets. The collaboration reflects a growing trend of public–private partnerships in building sovereign carbon supply, potentially aligned with Article 6 frameworks. By combining project development, trading expertise, and government authorization, the initiative aims to establish a structured carbon market pipeline. It also highlights the emergence of Central Asia as a new frontier for carbon credit supply, alongside increasing involvement of traders in shaping upstream market development.
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#Article6 #Kyrgyzstan #SovereignCarbon #EmergingMarkets #ValorCarbon #Valitera #EmergingMarkets
Boomitra Issues An Eyecatching 3.03M Credits From The Largest Verra-Approved Soil Carbon Project To Date
Boomitra’s Northern Mexico Grassland Restoration Project became the first in North America certified under Verra’s VM0042 methodology and the world’s largest soil‑based CDR project. It issued 3.03 million soil carbon credits based on over 3 million tonnes of CO₂e removed through regenerative grazing across 4 million acres. Working with 158 ranchers, the project returns at least 75% of carbon revenue to local communities and demonstrates that soil‑based CDR can scale rapidly with high integrity.
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#Boomitra #Mexico #SoilCarbon #CDR #CarbonCredits #Verra #RegenerativeAgriculture
KOKO’s collapse: Corresponding Adjustments, CORSIA and wider implications
KOKO Networks, a leading cookstove project developer with over 1 million customers in Kenya, collapsed after years of waiting for a letter of authorization (LoA) from the Kenyan government. Despite Kenya’s pro-market stance and a World Bank MIGA guarantee, the LoA never materialized, leaving 15 million carbon credits in limbo. This failure highlights significant risks for carbon project developers relying on government authorization and threatens CORSIA’s credit supply ahead of crucial 2027-2028 compliance deadlines.
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#Kenya #CarbonCredits #Cookstoves #Article6 #CORSIA #LoA #CarbonMarketRisks
Guyana secures new milestone as ART issues over 9 million CORSIA-eligible carbon credits for 2023
Guyana has once again cemented its place at the forefront of global climate action, with the Government announcing the issuance of 9,085,923 high-integrity TREES carbon credits for the year 2023 by the Architecture for REDD+ Transactions (ART). Notably, the credits have been labelled CORSIA-Eligible. This marks the third consecutive year since 2021 that Guyana has secured ART TREES issuances.
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#Guyana #ARTTREES #CarbonCredits #REDDplus #CORSIA #CarbonMarket #ClimateAction
Kenya’s Koko shuts down after carbon credit dispute with government
Kenya’s clean cooking startup Koko Networks shut down operations and laid off its entire 700-person workforce after the government rejected a Letter of Authorisation (LOA) needed to sell carbon credits internationally, which funded its subsidized biofuel sales to 1.5 million low-income households. The model sold bioethanol at KES 100/liter (vs. KES 200 market price) and stoves at KES 1,500 (vs. KES 15,000), relying on credit revenue despite $100M+ funding from investors like Microsoft Climate Innovation Fund and a $180M World Bank guarantee. The closure threatens reversion to polluting charcoal/kerosene, reversing deforestation gains, with Koko potentially filing a World Bank insurance claim alleging government breach.
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#Koko #CleanCooking #CarbonCredits #CarbonMarket #Kenya #ClimateFinance #REDDPlus #EnergyAccess #SustainableDevelopment
Gold Standard Releases New Methodology For CDR Through Microbial CO2 Mineralization
Gold Standard released a new methodology for microbial CO₂ mineralization CDR, developed with Andes, enabling credits for soil inorganic carbon (SIC) formation via bacteria interacting with plant roots to capture atmospheric CO₂, with a 10-year crediting period. It uses measure-and-remeasure via direct soil samples, untreated controls for baselines, and safeguards like withholding credits for yield losses, while boosting soil/plant health without crediting organic carbon gains. Applicable globally to diverse crops/soils/climates (excluding wetlands, grasslands, irrigated land, forests), it requires lab/field proof of microbial efficacy on specific crops.
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#GoldStandard #MicrobialCDR #CO2Mineralization #CarbonRemoval #MethodologyUpdate #SoilCarbon #CDRInnovation
CarbonRun Generates World’s First River Alkalinity Enhancement Credits
CarbonRun generated the world’s first river alkalinity enhancement (RAE) carbon credits—76 tonnes—from its Kvina River Project in Norway, verified under Isometric’s new protocol. RAE dissolves crushed limestone into rivers to accelerate natural weathering, converting acidic CO₂ into stable bicarbonate/carbonate ions for ocean storage over millennia, addressing rivers’ annual release of up to 2.5 billion tonnes CO₂. Credits fulfill part of a $25.4 million offtake with Frontier buyers (Stripe, Shopify, McKinsey), targeting 55,442 tonnes removals by 2029, highlighting RAE’s low-cost, scalable potential.
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#CarbonRun #RiverAlkalinity #RAE #CarbonRemoval #OceanCarbonStorage #InnovativeCDR #ClimateTech
Microsoft Makes Biochar Carbon Removal Deal with Varaha in India
Microsoft signed a multi-year offtake agreement with Varaha to buy durable biochar carbon removals, funding up to 18 biomass gasification reactors in India’s Maharashtra cotton belt over 15 years, projecting over 2 million tonnes CO₂ removals. The project converts crop residue stalks—typically burned, polluting air—into biochar for permanent soil sequestration, while boosting farmer incomes, soil health, water retention, and regenerative practices like mulching. The first reactor is operational at Varaha’s 52-acre research farm, with credits meeting strict MRV standards for permanence, helping scale Asia’s biochar CDR market amid rising corporate demand.
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#Microsoft #Varaha #Biochar #CarbonRemoval #CarbonOffsets #RegenerativeAgriculture #IndiaClimateAction