Market Updates
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© 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
Vietnam earns 56.5 million USD from forest carbon credit sales to World Bank
Vietnam has received an additional US$5 million from the transfer of 1 million tonnes of verified forest-based emission reductions to the World Bank. The latest transaction brings Vietnam’s cumulative revenue under the arrangement to US$56.5 million, covering 11.3 million tCO₂e at US$5 per tonne. Proceeds have benefited nearly 80,000 people in central Vietnam, approximately half of whom are members of ethnic minority communities. Under the pilot emission reductions purchase agreement signed in 2022, Vietnam retains 95% of the verified emission reductions to support fulfilment of its Nationally Determined Contribution. The announcement coincided with the introduction of Decree No. 180, which establishes a legal framework for forest carbon sequestration and storage services, including eligible suppliers and users and procedures for developing and registering forest carbon projects. The decree is scheduled to enter into force on July 15.
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#Vietnam #WorldBank #ForestCarbon #FCPF #ERPA #REDDplus #CarbonFinance #NDC #CarbonTransactions #Decree180
CORSIA Represents US$ 8.5 Billion Opportunity for ASEAN Member States
A report by Boeing, GenZero and Abatable estimates that ASEAN Member States could generate up to US$8.5 billion over the next decade by supplying CORSIA Eligible Emission Units. ASEAN currently provides 2.6 million CEEUs from four projects in Cambodia and Lao PDR, representing 7% of global supply. This could rise eightfold to 20.8 million units if governments issued Letters of Authorization to 54 CORSIA-aligned projects, including 24 in Viet Nam, 11 in Thailand and eight in Myanmar. Prioritising another 100 projects could add 302 million units and support 32,000 jobs. The report recommends mapping potential supply against NDCs, improving cross-ministerial coordination, establishing positive lists and piloting LoAs. It also encourages airlines to develop procurement strategies, conduct pilot transactions and diversify supply. Singapore Airlines and Scoot have already retired 150,000 CEEUs, while Malaysia Aviation Group has conducted purchasing pilots and established a procurement framework.
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#ASEAN #CORSIA #CEEUs #LettersOfAuthorization #Article6 #Airlines #CarbonMarkets #AviationDecarbonization
Carbon Credit Retirements Hit Record High Despite Falling Supply: What Does This Say About the Market?
According to AlliedOffsets’ H1 2026 report, the Voluntary Carbon Market (VCM) is experiencing a historic structural shift. Despite a 44% year-over-year plunge in new credit issuances (dropping to 108.2 million), carbon credit retirements rose 4% to an all-time high of 104 million, successfully clearing out historical oversupply.
Key market takeaways include:
– Premium on Quality: Driven by integrity frameworks, issuances of Core Carbon Principles (CCP)-approved credits jumped 64%, while their retirement rose 18%. Conversely, rejected project issuances fell 67%.
– Asian Demand Surge: Driven by corporate procurement coalitions like Singapore’s ARC, Asia has become the fastest-growing source of new buyers.
– CDR Bottlenecks: Carbon Dioxide Removal (CDR) demand outpaces supply 18-to-1. Biochar dominates (53% of retirements), while Direct Air Capture (DAC) struggles, delivering just 0.1% of its 2 million contracted tonnes due to high costs.
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#VCM #CarbonMarket #AlliedOffsets #CoreCarbonPrinciples #CCP #CarbonRemoval #CDR #Biochar #DAC #ClimateFinance
Solar generates more energy than coal in US for 1st time: Report
In May 2026, U.S. solar generation surpassed coal for the first time, supplying 12.8% of electricity compared to coal’s 12.2%, according to Ember. A record 45.5 terawatt-hours of solar energy was generated, while coal output dropped 11% from 2025. This growth continues despite the Trump administration’s efforts to slow renewable energy and bolster coal with federal funds. Driven by surging demand from AI data centers, solar and storage commanded 91% of all new capacity built in the first quarter.
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#US #SolarPower #EnergyTransition #GridModernization #DataCenters #AI #ClimateTech #CleanEnergy
Carbon Credit ETFs Surge on Coal Power Expansion Outlook
Carbon credit ETFs were among the best-performing commodity funds in May, supported by rising carbon prices and expectations of stronger demand for emissions allowances. The HANARO Global Carbon Emission Rights Futures ETF gained 12.28% over the past month, while the SOL Global Carbon Emission Rights Futures ETF rose 10.40%. Analysts attribute the rally to higher oil and natural gas prices following geopolitical tensions in the Middle East, which may encourage greater coal-fired power generation and increase demand for carbon credits. At the same time, the European Union continues tightening allowance supply under its Fit for 55 framework. Market participants also expect summer electricity demand to further support carbon credit prices in the coming months.
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#CarbonMarket #EUETS #EUA #CarbonPricing #CarbonETF #FitFor55 #CoalPower
India among biggest new carbon markets as global carbon pricing covers 29 per cent of emissions
India has emerged as one of the world’s largest new carbon markets following the launch of its Carbon Credit Trading Scheme (CCTS) in 2026, according to the World Bank’s State and Trends of Carbon Pricing 2026 report. The new emissions trading system covers seven sectors and around 490 industries, representing approximately 477 million tCO2e. Built on India’s existing Perform Achieve and Trade (PAT) energy efficiency framework, the system assigns annual emissions intensity targets and allows overperforming companies to generate tradable Carbon Credit Certificates. The report identifies India’s future expansion into the iron and steel sector as a major driver that could significantly increase global carbon pricing coverage by 2030. India is also recognized as one of the world’s largest voluntary carbon markets.
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#CarbonPricing #ETS #CarbonTax #India #CBAM #CORSIA #WorldBank #VCM #CarbonMarkets #Article6 #PACM #NetZero
Global carbon emissions pricing raised record $107 billion in 2025
Global carbon pricing revenues reached a record US$107 billion in 2025, according to a World Bank report released on May 20. The report said more than 80 carbon pricing mechanisms, including emissions trading systems (ETS) and carbon taxes, are now operating worldwide and cover around 24% of global greenhouse gas emissions. Rising carbon prices, expanded sector coverage, and higher ETS auction revenues contributed to the increase. The World Bank noted that governments are increasingly using carbon pricing to drive emissions reductions, support low-carbon investment, and fund energy transitions. However, the report also warned that most global carbon prices remain below levels needed to achieve Paris Agreement climate goals, while significant differences persist across national carbon pricing systems.
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#CarbonPricing #ETS #CarbonTax #WorldBank #CarbonLeakage
Airlines Get Payment Breathing Room In New Carbon Credit Financing Push
A new financing mechanism launched on the IATA Aviation Carbon Exchange (ACE), in partnership with Xpansiv and supported by Mercuria, allows airlines to secure CORSIA-eligible carbon credits while deferring payment until as late as December 2027. The structure enables airlines to lock in current prices, receive emissions units into escrow, and reduce near-term cash flow pressure. The initiative comes as airlines face growing compliance obligations under ICAO’s CORSIA framework, alongside volatile carbon markets and limited supply of eligible credits. Industry observers note that upfront purchases of carbon credits have become increasingly challenging for airlines amid fuel cost inflation and uneven recovery in aviation demand.
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#CORSIA #ICAO #IATA #ACE #Mercuria #CEEUs #Aviation
Engineered Carbon Removal Was Supposed to Be Getting Cheaper. Prices Are Going Up.
Prices for engineered carbon removal credits are rising instead of falling, challenging earlier expectations that scale and technological progress would rapidly reduce costs. Market data shows biochar carbon removal prices have increased around 10%, while direct air capture (DAC) prices rose approximately 11%. Industry participants say early pricing was overly optimistic and heavily supported by venture capital, while current projects now require commercially viable returns and face rising operational costs. Strong demand for high-quality removals and limited supply from proven projects are also contributing to higher prices. Market observers note that future cost reductions may depend less on scale alone and more on integrated industrial systems, byproduct monetization, and broader carbon, energy, and materials ecosystems.
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#CDR #CarbonRemoval #DAC #Biochar #CarbonPricing #VCM
South Korea builds voluntary carbon market, lacks domestic verifiers
South Korea is preparing legislation to launch a “Korean-style” voluntary carbon market aimed at expanding participation beyond large corporations to small and midsize businesses and startups. However, the country currently lacks domestic validation and verification bodies (VVBs) with sufficient experience, forcing reliance on overseas evaluators. Government officials said Korea plans to cooperate with foreign institutions in the short term while developing local verification capacity over time. The article contrasts Japan’s domestically tailored verification system, which has helped expand participation, with Singapore’s reliance on foreign verifiers, where high certification costs and lengthy procedures have limited access for smaller companies. Market participants say credible MRV and evaluation systems are essential for scaling high-integrity carbon markets.
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#VCM #VVB #MRV #CarbonCredit #SouthKorea #Japan