Carbon Market News

Market Updates

Coal sector demand skews carbon credits market

IEEFA warns that Australia’s coal mining sector is relying on carbon credits to comply with declining Safeguard Mechanism baselines, while onsite methane abatement and diesel decarbonisation remain limited. Sixty-eight coal mines are covered by the mechanism, and rising production could keep sector emissions elevated into the 2030s. Because Australia’s ACCU market is dominated by land-based carbon sequestration projects, while credits from methane-reduction projects are declining, mines may increasingly purchase units that compensate for carbon dioxide without directly addressing their methane emissions. IEEFA argues this demand could distort the wider carbon market, crowd out other buyers and shift responsibility for emissions reductions to other sectors. It urges policymakers to address coal-sector reliance on offsets during the government’s 2026–27 Safeguard Mechanism review.
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#Australia #CoalMining #ACCU #CarbonCredits #SafeguardMechanism #Methane

Bob Brown Calls the Koala Park Carbon Credits an Offset Scam

Former Greens leader Bob Brown has called carbon credits intended to finance the Great Koala National Park a scam, questioning whether government can guarantee forest protection for 100 years. Method developer Andrew Macintosh rejects the criticism, arguing the forests would otherwise be harvested and that safeguards would reduce credits if logging increased elsewhere. The park could generate up to A$15 million annually. New South Wales Premier Chris Minns supports carbon revenue as a funding source, while minister Chris Bowen opposes excluding coal and gas companies from buying credits nationwide. The Greens, whose Senate votes could determine whether the method survives a disallowance attempt, have not announced their position. Three signatories have requested publication of the method’s modelling and departmental advice.
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#Australia #ACCU #ForestCarbon #SafeguardMechanism #MarketIntegrity

China mulls over bid to host 2028 UN climate talks, sources say

China is considering a bid to host COP33 in 2028, according to two sources, but Beijing has made no final decision or announced a timeline. The summit is allocated to the Asia-Pacific regional group, which must agree on a candidate before nominating it to the UNFCCC. India withdrew its hosting offer in April, while South Korea has previously expressed interest. Hosting COP33 could strengthen China’s claim to climate leadership as the United States withdraws from the Paris Agreement and promotes fossil fuels. China also leads exports of solar panels, electric vehicles, wind turbines and batteries. However, hosting would intensify scrutiny of China’s status as the world’s largest greenhouse gas emitter, its 2060 carbon-neutrality pledge and its modest 2035 emissions target.
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#China #COP33 #UNFCCC #ParisAgreement #ClimateAction

Africa’s Carbon Markets Enter New Phase as Kigali Summit Targets Investment

African carbon markets are shifting from policy readiness toward transactions as governments strengthen Article 6 frameworks and investors seek credible, bankable projects. These developments will take centre stage at the Carbon Markets Africa Summit 2026, held in Kigali from October 13–15. The event will bring together governments, investors, project developers and corporate buyers to discuss project quality, MRV capacity, authorization systems, CORSIA, market integrity, offtake agreements and early-stage carbon finance. More than 10 African governments and over 20 investors and financiers are expected to participate. A UNEP-hosted Nature Deal Room will connect African governments and project developers with buyers, investors and market institutions to advance high-integrity nature-based transactions and convert the continent’s improving policy environment into tangible climate finance and sustainable development benefits.
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#Africa #Rwanda #CMAS2026 #CarbonMarkets #Article6 #CORSIA #CarbonFinance #MRV #ClimateFinance #NBS

Carbon ratings in a maturing carbon market: A conversation

Carbon credit ratings have become influential market infrastructure, informing pricing, purchasing, project design and investment decisions. BeZero Carbon, Calyx Global and Climate Bridge agree that ratings provide valuable project-level analysis beyond programme and methodology eligibility frameworks. However, they differ on formalising ratings within compliance markets. Ratings remain expert opinions, methodologies are not standardised, and mandatory use could turn a few private providers into gatekeepers before adequate oversight exists. Participants also discuss rating costs, unequal burdens on smaller developers, dynamic reassessments when evidence changes, and buyers’ tendency to prioritise regulatory eligibility and price. While ratings can distinguish project risks that broad compliance rules may overlook, they cannot capture governments’ wider Article 6, development and diplomatic priorities. The shared conclusion is that regulators should use ratings and their underlying research as complementary inputs, embed core quality drivers into eligibility rules, strengthen oversight and transparency, and preserve public authority over final decisions.
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#CarbonRatings #BeZeroCarbon #CalyxGlobal #ClimateBridge #CarbonCredits #MarketIntegrity

Why the end of Climate Active isn’t the end of voluntary climate action: A proactive roadmap for Australian carbon credit buyers

Australia will close the Climate Active certification scheme and phase out its “carbon neutral” trademark by 30 June 2027, leaving companies that relied on the programme to redesign their voluntary climate claims. South Pole argues that the closure should not end carbon credit purchasing, but should prompt buyers to adopt stronger international frameworks and higher-integrity procurement. Companies should first audit labels, marketing and disclosures, then distinguish between financing mitigation for ongoing emissions and securing durable removals to neutralise residual emissions at net zero. Procurement can prioritise CCP-labelled credits, favourable independent ratings and domestic ACCU projects delivering community and biodiversity benefits. South Pole also recommends aligning strategies with frameworks such as SBTi’s Corporate Net-Zero Standard V2.0, the VCMI Claims Code, Oxford Principles and ISO guidance. Finally, organisations should build diversified portfolios, develop a plan to retire “carbon neutral” claims, and communicate transparently about targets, credit use, supported projects and climate impact.
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#Australia #ClimateActive #CarbonNeutral #CarbonCredits #ClimateClaims #SBTi #VCMI #CCP #CarbonRemoval

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