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


Microsoft Cuts Carbon Removal Buying 80% Amid AI Push
Microsoft purchased 8.55 million tonnes of carbon removal credits through mid-July 2026, approximately 80% less than during the same period in 2025, putting the company on course for its first annual purchasing decline since 2023. The slowdown comes as Microsoft increases spending on data centres and AI infrastructure, while its carbon footprint rose 25% last year partly because of growing electricity demand. Despite the reduction, Microsoft remains the market’s dominant buyer, accounting for almost half of 2026 transactions and 41% of global carbon removal purchases since 2020. Global removal credit sales also fell 66% year on year to 18 million tonnes through mid-July. Microsoft said the adjustment reflected financial discipline rather than reduced climate ambition. Meanwhile, Frontier committed $915 million to new projects, indicating some diversification in demand. However, Microsoft’s scale means its decisions will continue influencing project financing, technology deployment and confidence across the developing carbon removal market.
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#Microsoft #CarbonRemoval #CarbonCredits #CDR
Google Opens 2026 Climate R&D Awards for Carbon Removal
Google has opened applications for its 2026 Carbon Removal and Superpollutant Elimination R&D Awards, supporting research that improves climate-impact certainty and scales mitigation technologies. Eligible applicants include universities, research institutions, nonprofits, social enterprises and qualifying businesses. Funding covers laboratory studies, field trials, prototypes, modelling and data analysis across ocean alkalinity enhancement, BECCS capture systems, biochar feedstocks, mangrove resilience, nature-based removal, low-concentration CO2 capture and perennial crops. Several awards also target methane oxidation, atmospheric methane removal, tidal wetlands and MRV for open-system landfill interventions. Individual funding opportunities generally range from $350,000 to $500,000, while up to two perennial-crop projects may share $800,000. An open call offers up to $450,000 for proposals outside the specified priorities. Google seeks technologies with gigatonne-scale carbon removal or megatonne-scale superpollutant abatement potential.
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#Google #CarbonRemoval #ClimateInnovation #ClimateTechnology #CDR #MRV #MethaneAbatement
Deduci Launches All-US Carbon Removal Portfolio In Partnership With Isometric
Deduci has launched its second publicly available carbon removal portfolio, featuring projects located entirely in the United States and certified in partnership with Isometric. The portfolio combines engineered and nature-based removals developed by Graphyte, Pacific Biochar and Renoster, covering Biochar, Improved Forest Management and Subsurface Biomass Carbon Removal and Storage. It is designed to help corporate buyers procure verified removals aligned with frameworks including California’s AB 1305, SBTi and CDP disclosures. Deduci manages onboarding, risk assessment and contracting, while Isometric provides independent verification, methodology alignment and documentation. Current pricing and delivery options will remain available through the end of September.
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#Deduci #Isometric #UnitedStates #CarbonRemoval #Biochar #IFM #BiRCS
Indonesia and Thailand Target $30 Billion Trade Deal to Drive ASEAN Food and Carbon Markets
Kadin Indonesia and the Board of Trade of Thailand signed an agreement to develop a joint carbon market framework during the Indonesia–Thailand Business Forum in Jakarta. The initiative aims to mobilise investment for low-emission industrial projects across Southeast Asia and strengthen regional carbon market cooperation. Kadin Chairman Anindya Bakrie said growing demand from data centres, artificial intelligence infrastructure and manufacturing is increasing the need for credible and transparent carbon offset mechanisms, making carbon trading a major investment opportunity for ASEAN. Indonesia also invited Thai companies to participate in its national carbon market, launched on 9 July 2026. The platform enables multinational companies to purchase carbon credits while financing renewable energy projects across Indonesia. Carbon market cooperation forms part of wider efforts to deepen bilateral trade, investment and industrial integration.
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#Indonesia #Thailand #ASEAN #CarbonMarkets
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