Carbon Market News

Market Updates

Carbon credit prices driven more by buyer identity than climate impact

A study led by MIT Sloan researchers found substantial price dispersion in the voluntary carbon market, with buyer identity explaining 62% of observed price variation after accounting for project and transaction characteristics. The researchers analyzed more than 7,200 transactions involving approximately 1,200 buyers and 400 projects between 2018 and 2024. The 20 largest buyers paid 16%–23% less than others, while financial and consumer goods companies generally paid premiums over industrial manufacturers. Credits from forest protection and cleaner cookstove projects also traded at higher prices than some industrial and waste-management solutions assessed as more reliable in delivering emission reductions. The researchers attributed the differences partly to buyer preferences, non-carbon benefits, volume discounts and limited price transparency, and called for publicly available historical price benchmarks.
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#MIT #CarbonCredits #VoluntaryCarbonMarket #CarbonPricing #PriceTransparency #VCM

New partnership to advance gender-responsive approaches in high-integrity carbon markets

The Integrity Council for the Voluntary Carbon Market and Social Development Direct signed a partnership agreement to advance gender-responsive approaches and safeguarding in high-integrity carbon markets. The collaboration will combine ICVCM’s experience in establishing the Core Carbon Principles with SDDirect’s expertise in gender equality, disability and social inclusion, including perspectives from the Global South. The organisations will undertake joint thought leadership, stakeholder engagement and knowledge-sharing activities, including a gender-focused blog series, webinars and in-person events. These activities will examine the benefits of inclusion, practical approaches to addressing gender and safeguarding risks, and the collection and use of disaggregated data. The partnership aims to strengthen the integrity, effectiveness and equity of carbon markets and help ensure that climate finance delivers meaningful benefits for women and other underrepresented groups.
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#ICVCM #SDDirect #CarbonMarkets #CarbonIntegrity #GenderEquality #SocialInclusion #GlobalSouth

Asian leaders urge climate action as World Environment Day marked across region

South Korea, Vietnam and China highlight climate action as region grapples with rising temperatures and extreme weather. On World Environment Day, Asian leaders and organisations urged stronger climate action amid rising temperatures and extreme weather. South Korean President Lee Jae-myung launched a national initiative for daily climate action, while Vietnamese President emphasized environmental protection as vital for national security. In Beijing, the UNEP hosted an event highlighting urgent emission cuts. These calls come as the WMO warns Asia is warming twice as fast as the global average, threatening the region’s economy and coastal communities.
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#AsiaClimate #SouthKorea #LeeJaeMyung #Vietnam #UNEP #WMO #ExtremeWeather

UK Launches Pilot To Advance CO2 Transport Beyond Pipelines

The UK Department for Energy Security and Net Zero has launched a Non‑Pipeline Transport (NPT) Pathfinder to explore alternative CO₂ transport methods, including road, rail, and shipping, as part of its CCUS scale‑up strategy. The pilot aims to complement pipeline infrastructure, lower barriers for emitters located far from networks, and increase system flexibility. While limited in scope, the initiative will generate early insights to inform future policy, supporting the UK’s broader £9.4 billion CCUS investment and industrial decarbonization goals.
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#CCUS, #CCS, #CO2Transport, #Decarbonisation, #NetZero, #IndustrialDecarbonisation, #EnergyPolicy

Britain’s greenhouse gas emissions decreased by 2% last year.

Britain’s greenhouse gas emissions fell 2% in 2025 to 367 million tonnes CO₂e, driven mainly by a 12% drop in industrial emissions following blast furnace closures in the steel sector, according to provisional government data. Electricity emissions fell slightly after the UK recorded its first year without coal‑fired power generation. However, transport emissions rose 2% due to higher petrol and diesel use. Overall emissions are now 54% below 1990 levels, as the UK targets net zero by 2050 and an 81% reduction by 2035.
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#GHGEmissions, #NetZero, #ClimateAction, #Decarbonisation, #Steel, #CoalPhaseOut, #EnergyTransition

New Study Links Microplastics To Reduced Ocean Carbon Absorption

A new study in the Journal of Hazardous Materials: Plastics reveals microplastics (under 5mm) reduce ocean CO₂ absorption by disrupting phytoplankton photosynthesis and zooplankton metabolism in the biological carbon pump, while the “plastisphere” microbial communities on plastics emit GHGs during degradation. This pollution weakens oceans—the planet’s largest carbon sink—exacerbating warming, acidification, biodiversity loss, and coastal food insecurity. Researchers from China, Hong Kong, Pakistan, and UAE urge curbing plastic production, better waste management, and further study on microplastic-climate interactions.
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#Microplastics #OceanCarbonSink #MarineEcosystems #ClimateImpact #PlasticPollution #CarbonCycle

China’s CNPC Hits One Million-Ton Carbon Injection Milestone In Oilfield Push

China National Petroleum Corp. (CNPC) reports injecting over 1 million metric tons of CO₂ into one of its flagship oilfields in a single year, up from just 100,000 tons in 2022, with cumulative injections now exceeding 2 million tons. The achievement underscores China’s push to scale carbon capture and utilization (CCUS) as both a climate tool and energy security strategy. Analysts note China’s capture costs could fall to $30–$40 per ton, far below Europe’s $300, highlighting a competitive edge in industrial-scale deployment.
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#China #CCUS #OneMillionTons #CaptureCosts #IndustrialDeployment #EnergySecurity #Oilfield#CNPC

Japan to back clean-energy users with $1.3 billion in investment subsidies

Japan will allocate $1.34 billion over five years to subsidize up to 50% of capital investment for companies using fully decarbonized electricity, including data centers. The program aims to accelerate renewable energy adoption, cut reliance on imported fossil fuels, and anchor new industrial growth in regional areas. This initiative signals Japan’s intent to link clean power demand with economic competitiveness and energy security as part of its GX 2040 vision to achieve 50% renewable electricity supply.
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#Japan #CleanEnergySubsidy #GX2040 #DataCenters #DecarbonizedElectricity #CapexSupport #RegionalGrowth #EnergySecurity #Competitiveness

ADB Approves $500 Million Policy Loan to Anchor Philippines’ Blue Economy Strategy

The Philippines is advancing marine protection through a new National Blue Economy Framework backed by over $1 billion in international funding, including a $500M ADB loan and co-financing from France and Germany.
The initiative aims to restore coastal ecosystems, curb pollution, and strengthen resilience for inclusive growth. With oceans underpinning fisheries, tourism, shipping, and energy—critical to livelihoods for over half the population—the program positions marine health as central to the nation’s economic future amid intensifying climate risks.
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#Philippines #SoutheastAsia #BlueEconomy #ADB #PolicyLoan #MarineProtection #CoastalResilience #PollutionControl #InclusiveGrowth #InternationalFinancing

Economic growth no longer linked to carbon emissions in most of the world, study finds

A report by the UK’s Energy and Climate Intelligence Unit (ECIU) finds that countries representing 46% of global GDP have achieved significant carbon reductions while maintaining consumption-based economic growth since 2015, with progress concentrated in major emitters across the Global South. Latest carbon budget data shows developed economies increasingly decoupling growth from emissions, led by the UK, Norway, and Switzerland. China, the world’s largest emitter, has sharply reduced its reliance on coal and fossil fuels; from 2015 to 2023, its consumption-based emissions grew only 24%, far below its economic growth rate, signaling a shift toward stabilization.
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#LowCarbonTransition #ConsumptionEmissions #UK #Norway #Switzerland #China #CoalDecline