Carbon Market News

Market Updates

ISO members send net-zero draft back for revisions

ISO’s proposed net-zero standard has been returned for revision after the initial draft failed to secure the required level of approval from participating members. The ISO 14060 draft was circulated for a 12-week consultation involving national standards bodies from 88 countries and received nearly 5,000 comments. Feedback covered several aspects of the framework, including provisions governing corporate transition plans and the use of carbon credits. The responsible committee will review the submissions and recirculate an updated draft for approval, although no timetable for the next stage has been disclosed.
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#ISO14060 #NetZero #CarbonCredits #TransitionPlan #ClimateStandards

Gold Standard Invites Companies To Shape New Ongoing Emissions Framework

Gold Standard invited companies to join a new working group developing practical approaches for addressing emissions that remain while businesses work toward net zero. The initiative follows the Science Based Targets initiative’s recognition of Ongoing Emissions Responsibility in its Corporate Net-Zero Standard 2.0. A small cohort of companies with established climate targets will examine how OER fits within transition plans, which activities and financial instruments qualify, and how progress can be communicated transparently. Gold Standard estimates applying SBTi’s Advanced contribution levels across the EU and US could generate about $17 billion a year, with the framework expected in 2027.
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#GoldStandard #OER #SBTi #NetZero #BVCM #ClimateFinance

Verra Launches Scope 3 Standard Program, a Comprehensive Framework for Verifying Value Chain Climate Action Projects

Verra has launched its Scope 3 Standard Program to quantify, verify and certify emission reductions and removals from projects within corporate value chains. The framework introduces Scope 3 Units, each representing one tonne of carbon dioxide equivalent reduced or removed. Its first phase allows projects covering improved agricultural land management and low-carbon concrete production to be listed on the Verra Registry. Registration, verification and unit issuance will follow in later stages, while additional methodologies covering forestry, industrial fuels, short-lived climate pollutants and refrigeration are planned as the program expands.
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#Verra #Scope3 #ValueChain #CarbonAccounting #MRV

Verra Announces CCP-Eligible Status of VCS Version 5

The ICVCM recognised version 5 of Verra’s Verified Carbon Standard, released in December 2025, as meeting the Core Carbon Principles. VCS Version 5 strengthens requirements across the full project lifecycle, with particular focus on social and environmental safeguards, stakeholder engagement, financial transparency and benefit sharing, and was developed through three public consultations generating close to 5,000 comments. The ICVCM also approved 13 active VCS methodologies and the VCS Jurisdictional and Nested REDD+ Framework. Program-level eligibility alone does not allow credits to carry the CCP label; methodologies must separately pass category-level assessment under the two-tick process.
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#Verra #VCS #ICVCM #CCP #CarbonCredits #Safeguards #JNR

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