Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© 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
New ACR Carbon Capture Standards Open Door To Direct Air Capture And Biogenic Credits
ACR has released Version 2.0 of its carbon capture and storage methodology, expanding eligibility for carbon credits across carbon capture, direct air capture, and geologic storage projects in the United States and Canada. The revised framework allows CO2 storage in saline reservoirs and depleted oil and gas fields, while also extending eligibility to biogenic carbon sources and carbon removal technologies such as DAC and BECCS. The methodology retains crediting provisions for Enhanced Oil Recovery (EOR) projects while introducing expanded emissions accounting requirements covering oil and gas production, transportation, refining, and end use. ACR said the framework aligns with U.S. EPA Class VI geologic sequestration standards and strengthens monitoring, reporting, and verification requirements for long-term CO2 storage.
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#ACR #CCS #CarbonCapture #DAC #BECCS #CarbonRemoval #EPA #Section45Q #EnhancedOilRecovery
EU, Brazil and China launch open coalition to boost integrity and effectiveness of carbon markets
The European Union, Brazil, and China have launched a new open coalition aimed at improving the integrity and effectiveness of global carbon markets. The initiative will focus on strengthening cooperation on carbon market governance, transparency, accounting standards, and market oversight while supporting implementation of Article 6 under the Paris Agreement. The coalition is open to additional countries and organizations seeking to promote high-integrity international carbon markets. Market participants view the partnership as an important signal of growing international coordination among major carbon market players. The initiative also reflects increasing attention on issues such as corresponding adjustments, double counting prevention, market transparency, and harmonization of carbon market standards as global carbon trading expands.
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#CarbonMarketIntegrity #DoubleCounting #Article6 #OpenCoalition #EU #Brazil # China
Carbon credits fall short as forest protection claims unravel
A recent study on forest protection carbon credit projects found that while some projects may have overstated their climate impact, many still delivered meaningful environmental benefits. Researchers noted that 36 out of 44 projects successfully reduced deforestation compared to expected trends, with several projects in Madagascar and Peru even outperforming their own targets. The study emphasized that “bad credits” do not necessarily mean “bad projects,” highlighting that the main challenge lies in measurement methodologies rather than the absence of real-world impact. The findings suggest that stronger monitoring frameworks and higher-quality standards are needed, alongside higher carbon credit prices that can better support long-term forest conservation and sustainable project development.
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#REDD+ #Forest #VCM #Additionality # Baseline #Integrity
Apple, Amazon Lead 60+ Firms to Ease Global Carbon Reporting Rules
More than 60 global companies, including Apple, Amazon, and Salesforce, have urged the Greenhouse Gas Protocol to keep proposed Scope 2 reporting changes optional rather than mandatory. The firms argue that strict requirements for real‑time, location‑based clean electricity matching could raise costs and slow renewable energy investment. The debate comes as climate disclosures increasingly influence capital flows worldwide. Its outcome will shape how companies measure emissions, procure clean power, and balance reporting accuracy with scalability amid tightening global climate regulations.
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#GHGProtocol, #Scope2, #Apple, #Amazon, #Salesforce, #ClimateDisclosure, #RenewableEnergy, #CarbonAccounting, #ESG, #ClimatePolicy
Verra Updates Article 6 and CORSIA Guidance
Verra has updated its Article 6 and CORSIA label guidance to reflect recent UNFCCC and ICAO decisions, simplifying processes for project developers and improving clarity for buyers. The revisions introduce a new Correspondingly Adjusted label under Article 6 and clarify eligibility requirements for CORSIA Phase 2 (2027–2029) credits, including insurance and accounting rules. Verra also released a buyer guide to help stakeholders select appropriate labels. The changes reinforce market segmentation, with higher‑integrity, policy‑aligned credits likely to command a premium.
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#Verra, #Article6, #CORSIA, #CarbonCredits, #UNFCCC, #ICAO, #CorrespondingAdjustments, #VCM, #CarbonMarket
Italy launches first carbon removal network as EU fund stalls
Italy has launched its first national carbon dioxide removal (CDR) network, the Italian Network for CO₂ Removal (RIRC), to address years of fragmented development. The country has strong engineering capabilities, extensive industrial infrastructure, long coastlines suitable for ocean‑based removal, and significant geological storage potential, including existing CO₂ injection sites. However, Italy still lacks clear domestic carbon policy and legal frameworks, leaving deployment largely driven by private coordination. The initiative highlights a growing gap between Italy’s physical capacity for CDR and the policy support needed to scale it effectively.
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#CDR, #CarbonRemoval, #CCS, #ClimatePolicy, #NetZero, #OceanCarbon, #GeologicalStorage
ICAO Receives Large Number Of Applications For Aviation Carbon Market Phase 2
The UN aviation body has received 26 applications from carbon credit programs seeking approval to supply offsets under the next phase of CORSIA, covering 2027–2029. The International Civil Aviation Organization is reviewing submissions through its Technical Advisory Body, which assesses environmental integrity criteria such as additionality, permanence, and verification. Decisions are expected later this year. The outcome will shape credit availability and compliance options for airlines as mandatory offsetting requirements expand under stricter global aviation climate rules.
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#CORSIA, #ICAO, #CarbonCredits, #Aviation, #CarbonOffset, #ParisAgreement, #ClimatePolicy
Strengthening MRV in the Pacific Alliance
Gold Standard has concluded a four-year programme (ending 31 March 2026) supporting Pacific Alliance countries in strengthening monitoring, reporting, and verification (MRV) systems. The initiative delivered technical guidance, capacity-building workshops, and institutional support to improve emissions data management and align national frameworks with international standards. Key outcomes include enhanced MRV capabilities, improved data transparency, and strengthened readiness for participation in international carbon markets, including Article 6 mechanisms. The programme highlights the role of technical assistance in building the foundational infrastructure required for credible carbon market engagement.
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#Article6 #MRV #GoldStandard #PacificAlliance #CORSIA
New Guide Helps Policymakers Safely Test Carbon Market Innovations
A new guide by Clean Cooking Alliance supports policymakers in safely testing carbon market innovations, particularly in the clean cooking sector. It highlights the use of regulatory sandboxes to pilot new methodologies and financing approaches under controlled conditions. The guide also references frameworks such as Voluntary Carbon Markets Integrity Initiative to align emerging practices with integrity standards. Addressing structural challenges—such as data reliability, financing gaps, and policy coordination—it emphasizes robust MRV, transparency, and stakeholder engagement. The initiative aims to enable responsible innovation while maintaining environmental integrity and supporting scalable carbon finance solutions.
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#VCMI #CCA #CleanCooking #RegulatorySandbox
Verra to Launch Scope 3 Standard in 2026: A New Era for Value Chain Carbon Tracking
Verra plans to launch a new Scope 3 standard in 2026, aiming to enable companies to address value chain emissions through market-based mechanisms. Unlike traditional offsetting, the standard is designed to support in-value-chain mitigation, allowing companies to invest in emissions reductions within their own supply chains or those of key partners. It will include specific methodologies, accounting rules, and monitoring requirements to ensure credible measurement and verification. The initiative reflects growing pressure from frameworks such as SBTi and increasing corporate focus on Scope 3 emissions, marking a structural shift in how carbon markets support corporate decarbonization strategies.
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#Verra #Scope3 #BeyongValueChainMitigation #InValueChainMitigation