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
EU approves 90% emissions cut by 2040, boosts carbon credit use to 5%
The EU has approved a 90% emissions reduction target for 2040, allowing up to 5% use of international carbon credits under its climate policy. This decision, after intense negotiations, aims to boost global carbon markets and align with the Paris Agreement’s Article 6. The plan also sets a 66.25%-72.5% reduction range for 2035. While significant for climate ambition, the implementation involves strict criteria and potential flexibility, with some concerns about economic impacts and the actual extent of emissions cuts.
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#EU #ClimatePolicy #CarbonMarket #EmissionsReduction #Article6 #CarbonCredits #Regulation
Q4 CORSIA Credits Procurement Event Now Open
The Q4 CORSIA Credits Procurement Event is open from November 3 to 28, 2025, inviting airlines to purchase carbon credits through the IATA Aviation Carbon Exchange (ACE). This event offers 1 million credits from the Guyana Jurisdictional REDD+ project. In the recent Q3 event, credits sold at a fixed price of $22.55/tonne via the CBL GEO-CP1 spot contract, which acts as the market benchmark for CORSIA Phase 1. Airlines can monitor this benchmark using the Offset Compliance Simulator on IATA EcoHub. More procurement events are planned for 2026 with increasing supply of eligible emission units (EEUs).
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#CORSIA #CarbonMarket #Aviation #IATA #REDD+ #ACE
Xpansiv Announces Acquisition of Evident to Strengthen Global Renewable Energy Markets
Xpansiv has fully acquired Evident Group, combining their renewable energy certificate (REC) registries into a global clean energy registry leader with over 300 GW capacity. This merger advances Xpansiv’s strategy to expand its global renewable energy market presence through organic growth and acquisitions. Evident continues as an independent certification body under I-TRACK Foundation oversight, ensuring market transparency and integrity. The acquisition responds to growing global demand for renewable energy certificates, driven by sectors like data centers and electric vehicles, supporting the global energy transition.
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#Xpansiv #Evident #REC #RenewableEnergy #CleanEnergy #MarketIntegration #Certification