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
Ministry establishes monitoring framework for carbon market
Vietnam’s Ministry of Finance has established a monitoring framework for the country’s emerging carbon market, aiming to strengthen market transparency, oversight, and data management. The framework will monitor carbon trading activities, market participants, carbon quotas, credit management, and pricing data as Vietnam continues developing its domestic carbon market system. Officials said the initiative is an important step toward building a more comprehensive carbon trading mechanism aligned with the country’s climate and green growth goals. Vietnam is also accelerating broader legal and technical preparations for carbon market implementation, including potential cooperation mechanisms linked to Article 6 of the Paris Agreement. Market observers say stronger monitoring systems could improve market credibility and investor confidence.
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#Vietnam #DomesticCarbonExchange #VietnamExchange #HanoiStockExchange #VietnamSecuritiesDepositoryandClearingCorporation
As EU ETS2 Nears Launch, CFP Energy And FairEnergie Announce Pioneering Trade
CFP Energy and German utility FairEnergie have completed what they describe as the first ETS2 trade involving an end client, signaling growing market preparation for the EU’s upcoming ETS2 carbon pricing system. ETS2, scheduled to launch in 2028, will extend carbon pricing to buildings, road transport, and smaller industrial sectors across Europe. CFP Energy said the trade is intended to help FairEnergie transition from Germany’s national emissions trading system into the broader EU framework. The announcement comes as EU policymakers discuss safeguards to limit price volatility through adjustments to the Market Stability Reserve. Analysts expect ETS2 to significantly expand European carbon pricing coverage, potentially affecting nearly 40% of the EU’s emissions and influencing fuel and heating costs across the bloc.
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#EUETS2 #CarbonPricing #CFPEnergy #FairEnergie
Japan and Vietnam upgrade JCM to meet Article 6 rules
Japan and Vietnam are upgrading their Joint Crediting Mechanism (JCM) framework to align with Article 6 rules under the Paris Agreement. The revisions focus on corresponding adjustments, accounting systems, reporting procedures, and double counting prevention to ensure JCM credits can comply with emerging international carbon market standards. JCM has been one of the few long-running bilateral carbon cooperation mechanisms globally, making its transition into the Article 6 framework closely watched by market participants. Observers say successful integration could strengthen international recognition and demand for JCM credits while supporting broader climate finance and low-carbon investment flows between the two countries. However, questions remain regarding implementation details, host country authorization, and accounting transparency.
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#Japan #Vietnam #JCM #Article6 #CorrespondingAdjustment
Gold Standard Rebuilds Carbon Credit Registry With Trovio To Boost Market Connectivity
Gold Standard has partnered with Trovio to rebuild its carbon credit registry infrastructure in an effort to improve market connectivity, transparency, and operational efficiency. The upgraded system is expected to enhance carbon credit issuance, transfers, tracking, and retirements while strengthening interoperability with market participants, exchanges, and financial institutions. Gold Standard said the initiative reflects growing demand for more scalable and integrated digital infrastructure as carbon markets continue to expand and evolve. Market observers note that improved registry systems could reduce transaction friction, support market digitalization, and strengthen trust across voluntary carbon markets. The partnership also highlights increasing focus on interoperability and data transparency within global carbon market infrastructure.
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#GoldStandard #Trovio #VCM #Registry #CarbonMarketInfrastructure #Interoperability
Brussels opens door to limited use of Article 6 credits under CBAM
The European Commission has released draft CBAM rules that would allow importers to use Article 6 carbon credits to reduce CBAM liabilities, provided the credits meet Paris Agreement standards and do not exceed 10% of emissions from the production facility. The proposal, open for public consultation until June 10, introduces detailed methodologies for recognizing third-country carbon pricing systems, including emissions trading systems and carbon taxes. Only Article 6.2 and 6.4 credits registered as internationally transferred mitigation outcomes (ITMOs) would qualify. The draft reflects a shift from the European Parliament’s earlier opposition to international credits under CBAM and could significantly influence global carbon pricing, Article 6 markets, and demand for high-integrity carbon credits.
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#EU #CBAM #Article6.2 #ITMOs #Article6.4 #PACM #CorrespondingAdjustment
Morocco And Norway Sign Carbon Market Cooperation Agreement
Morocco and Norway have signed a carbon market cooperation agreement aimed at strengthening collaboration under Article 6 of the Paris Agreement. The partnership will support the development of high-integrity carbon credits, technical cooperation, capacity building, and carbon market regulatory frameworks. The agreement is also expected to encourage investment in emissions reduction projects in Morocco and expand climate finance opportunities. Observers note that the deal reflects growing momentum behind bilateral Article 6 partnerships as countries seek to align carbon markets with national climate targets. Key issues such as corresponding adjustments, authorization processes, and carbon credit integrity remain central to the evolving international carbon market landscape.
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#Morocco #Norway #Article6.2 #NDC #CorrespondingAdjustment
EU weighs adding carbon costs to outbound flights
The European Union is considering extending carbon costs to outbound international flights departing from the bloc, expanding beyond the current scope of the EU Emissions Trading System (EU ETS), which mainly covers intra-EU aviation. Supporters argue that the move would better reflect aviation’s climate impact and strengthen the EU’s decarbonization efforts. However, the proposal could trigger opposition from the United States and other non-EU countries, while airlines warn of higher ticket prices and potential competitiveness concerns. The discussion comes as the aviation sector faces increasing pressure to reduce emissions under both the EU’s climate agenda and ICAO’s CORSIA framework. No final decision has been made, but the proposal signals growing momentum for stricter aviation carbon policies.
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#EU #ETS #ICAO #CORSIA #CarbonPricing #Aviation #CarbonPricing #OutboundFlights
Singapore and the Philippines Launch Historic Article 6 Carbon Credit Deal, Boosting Climate Finance in Asia
Singapore and the Philippines have signed a landmark carbon credit cooperation agreement under Article 6 of the Paris Agreement, establishing a framework for cross-border carbon trading with corresponding adjustments. The deal aims to channel climate finance into emissions reduction projects in the Philippines while helping Singapore secure high-quality international carbon credits to support its climate targets and carbon tax system. The agreement is part of Singapore’s broader strategy to build an Article 6 carbon credit network across multiple countries. Observers view the partnership as a significant step toward deeper integration between voluntary and compliance-oriented carbon markets, although questions remain around accounting transparency, authorization processes, and implementation of corresponding adjustments.
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#Singapore #Philippines #ParisAgreement #Article6.2 #NDC #CorrespondingAdjustment
Government targets June for forest carbon credit negotiations
Vietnam is preparing to begin negotiations on forest carbon credit cooperation and transactions in June as part of its broader effort to develop a national forest carbon market. The government is accelerating legal and regulatory frameworks to support forest-based climate finance and attract international investment. Officials are discussing carbon trading mechanisms, benefit-sharing structures, and potential international partnerships linked to forest carbon projects. Vietnam sees forest carbon credits as a strategic opportunity to support emissions reduction goals, strengthen forest conservation, and create additional income for local communities. Market observers note that Vietnam could become an important supplier of nature-based carbon credits in Southeast Asia, although challenges remain around carbon accounting, monitoring systems, and corresponding adjustments.
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#Vietnam #ForestCarbon # NBS #Article6 #CorrespondingAdjustment #NDC
Verra Lifts Hold On Eight China Projects As Local Authorities Confirm Authorization
Verra has reinstated eight China-based carbon projects after concluding that local government authorities had validly authorized the projects. The reinstatements are the first outcomes from a broader quality control review launched in December 2025 covering 35 natural climate solutions projects in China. The review process required validation and verification bodies (VVBs) to directly confirm authorization with local authorities and submit government-approved project documentation. The reinstated projects include five afforestation and reforestation projects and three improved grassland management projects located across Qinghai, Gansu, Shanxi, Xinjiang, and Inner Mongolia. The projects have collectively issued several million VCUs, most of which have already been retired. Verra said reviews of the remaining projects are still ongoing.
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#Verra #China #ARR #Grassland #Forestry #VVB #CarbonMarketIntegrity #Authorization