Carbon Market News

Market Updates

Coalition to Grow Carbon Markets Announces COP31 Policy Playbook

The government-led Coalition to Grow Carbon Markets, comprising Canada, Indonesia, France, Kenya, Panama, Peru, Singapore, Switzerland, the UK, New Zealand and Zambia, plans to release a Policy Playbook at COP31. The playbook is expected to give national policymakers practical options for stimulating corporate demand for high-integrity carbon credits and implementing the Coalition’s Shared Principles. These principles require companies to use credits in addition to direct decarbonization, prioritize environmental integrity and social safeguards, disclose their use transparently, make substantiated claims, and support market growth. The initiative responds to persistent credibility and demand challenges in voluntary carbon markets by seeking clearer government guidance and stronger international policy alignment. Although the playbook has not yet been published and its measures are not necessarily binding, it could improve buyer confidence, encourage private-sector participation and long-term purchasing commitments, and support investment in carbon projects and market infrastructure. Project developers could consequently benefit from more predictable demand, while buyers may receive clearer guidance on credible credit use.
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#CoalitionToGrowCarbonMarkets #COP31 #PolicyPlaybook

ISO 14060 Draft Explained: How It Compares to SBTi and What It Means for Carbon Markets

ISO opened public consultation on draft ISO 14060, an independently verifiable framework for organizational net-zero claims, in June 2026. The draft requires governance, GHG accounting, transition planning, separate Scope 1–3 targets, public reporting, and independent verification across four claim stages. Carbon credits cannot count toward interim or net-zero emissions-reduction targets, but may support remedial action, climate-finance portfolios, interim removal milestones, and optional action on historical emissions. At net zero, all organizations must counterbalance residual emissions with equivalent durable removals, including eligible external removal credits. ISO broadly aligns with SBTi CNZS V2.0, although ISO applies its full framework uniformly, while SBTi differentiates requirements by company size and geography. Sylvera expects the alignment to strengthen demand for high-integrity credits, formally support qualifying nature-based solutions, and increase the importance of project-level due diligence. ISO also identifies ratings agencies, alongside the ICVCM, Article 6.4 Supervisory Body and EU certification framework, as potential benchmarks for assessing removal quality.
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#ISO14060 #ISO #SBTi #CNZSV2 #CorporateNetZero #CarbonCredits #CarbonRemovals #CDR

Core Carbon Principles and Carbon Credit Ratings: complementary tools for a maturing market

ICVCM highlighted the complementary roles of Core Carbon Principles and project-level ratings in strengthening carbon market integrity. CCPs provide a common threshold by assessing crediting programs and methodologies, while ratings help buyers compare individual projects based on risks including additionality, carbon accounting and permanence. Sylvera data show that 76% of CCP-labelled projects were rated BBB or above in 2026, compared with 13% of non-CCP projects. MSCI’s Global CCP Carbon Credit Price Index has averaged a 19% premium since mid-2024, while retirement data also indicate growing buyer preference for CCP-aligned and higher-rated credits.
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#ICVCM #CoreCarbonPrinciples #CCPLabel #CarbonCreditRatings #CarbonIntegrity #Sylvera #BeZeroCarbon #MSCI

Anthropic joins Frontier carbon removal coalition in $915 million funding push

The carbon removal coalition Frontier has secured $915 million in new funding commitments, doubling its total pledges to $1.8 billion. This round adds Salesforce and Anthropic, making Anthropic the first pure AI startup to join founding members Stripe, Google, and Shopify, alongside participants like H&M Group. Transitioning to a “Growth AMC” strategy, Frontier will focus capital on 10 to 15 long-term partnerships in technologies like direct air capture. The goal is to scale these methods to gigaton capacity, requiring partners to demonstrate long-term viability under compliance markets.
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#Frontier #CarbonRemoval #DirectAirCapture #ClimateTech #Salesforce #Anthropic #Stripe #Google #H&M

Climate Standard Setter SBTi Sets New Rules for Companies Seeking Net Zero

The SBTi’s updated Net-Zero Standard introduces a “best-efforts framework” that allows companies to count environmental credits and carbon removals toward climate goals, acknowledging the difficulty of eliminating certain emissions. Market-based actions outside the supply chain, such as sustainable-aviation-fuel credits, can now be core to a company’s net-zero strategy. High-impact carbon-removal technologies will also be permitted from 2035 to tackle residual, unavoidable emissions. Additionally, the SBTi will maintain annual emissions matching for power use rather than mandating hourly matching, but it will require tech companies to disclose hourly-matched data to improve transparency.
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#SBTi #CarbonCredits #ClimateTech #CorporateSustainability #EnergyTransparency

The SBTi CNZ V2.0: Analysis of what comes next

Historically critical of carbon credits, the SBTi’s Net-Zero Standard Version 2.0 now includes formal recognition tiers—Engaged, Advanced, and Leadership—under its Ongoing Emissions Responsibility framework. From 2035, carbon removals become mandatory for larger corporations, scaling to 100% neutralization by their target year. Currently, SBTi-aligned companies retire credits covering just 0.06% of their 34.5 billion tonnes of emissions. Meeting even the basic 1% “Engaged” threshold could increase SBTi-driven carbon credit demand by nearly 170% to 55 million tonnes by 2030.
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#SBTi #NetZero #CarbonCredits #OngoingEmissionsResponsibility #OER #CarbonRemoval #CDR #CorporateClimateAction

IATA Forms Coalition To Clear Bottlenecks In Aviation’s Carbon Offset Market

IATA has launched a new coalition to address a growing shortage of CORSIA-eligible carbon credits, targeting 225–250 million EEUs by 2027. With over 32 members, the alliance aims to resolve bottlenecks linked to Article 6.2 authorization and avoid double counting. Delays risk locking up billions in compliance spending, despite CORSIA potentially generating US$4–5 billion initially and up to US$100 billion in climate finance by 2035. The alliance includes major airlines such as Lufthansa, Air France-KLM and Singapore Airlines, as well as carbon market players like Gold Standard and IETA, highlighting a full value-chain effort to unlock supply.
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#IATA #CORSIA #EEUs #CarbonCredits #Aviation #Article6 #ClimateFinance #Lufthansa #AirFranceKLM #SingaporeAirlines #GoldStandard #IETA #CarbonMarket

Dubious Chinese Carbon Projects Expose Depth of European Market’s Flaws

A Bloomberg investigation has raised concerns over several carbon credit projects in China’s Changqing oilfield that were approved by European authorities and used by companies across at least nine European countries. According to project documents, the projects were expected to avoid nearly 120,000 tonnes of CO₂e emissions through gas recovery systems. However, Bloomberg reporters, supported by BloombergNEF’s satellite and drone analysis, found that some project locations appeared undeveloped and lacked the emissions-capture equipment described in registration documents. The investigation also highlighted potential governance weaknesses in project verification and approval processes. Bloomberg noted that geographic verification in China is complicated by restrictions on mapping data and the use of the country’s “Mars Coordinate” system, which can affect location accuracy.
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#CarbonCredits #MarketIntegrity #CarbonProjectQuality #CarbonVerification #ChangqingOilfield #BloombergGreen

SBTi Launches Draft Net-Zero Standard To Expand Corporate Climate Action

SBTi has launched a public consultation on its draft Corporate Net-Zero Standard V2, proposing major updates to how companies set and report climate targets. The draft introduces more flexible approaches for addressing scope 3 emissions, including green procurement and revenue-based targets for high-emitting value chains. It also separates scope 1 and scope 2 requirements, while proposing a transition to low-carbon electricity by 2040. The draft further explores formal recognition of Beyond Value Chain Mitigation and possible interim carbon removal targets, while maintaining direct emissions reductions as the core principle. Simplified requirements for SMEs and emerging markets are also proposed. The consultation runs from March 18 to June 1, with final revisions informed by stakeholder feedback and pilot testing.
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#SBTi #NetZero #Scope3 #CarbonRemoval #ClimateFinance #BVCM #OngoingEmissionResponsibility #OER

New Paper Examines How An EU CDR Buyers’ Club Could Drive Demand In This Region

Carbon Gap and Carbon Management Europe have published a new paper examining how an EU CDR Buyers’ Club could help scale carbon dioxide removal projects across Europe by aggregating corporate demand. The report argues that the main barrier facing European CDR projects is not a lack of capital, but insufficient long-term purchasing commitments needed to secure private financing. The paper explores potential design options for the Buyers’ Club, including regulatory frameworks, procurement models, geographic scope, and buyer commitments. It identifies the EU’s Carbon Removals and Carbon Farming Regulation (CRCF) as the most credible foundation for the initiative. The proposed Buyers’ Club would function as a coordination platform supporting market development rather than replacing existing project developers or financial institutions.
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#CDR #CarbonRemoval #CRCF #EU #BuyersClub