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
New tools and guidance to support New Zealand’s voluntary nature and carbon markets
New Zealand has released updated tools and guidance to support trusted voluntary nature and carbon markets, while opening applications for science assessments of carbon removal activities. The updated Guidance for Voluntary Climate Change Mitigation emphasizes integrity, transparency, and responsible carbon credit use for businesses, project developers, landowners, and market intermediaries. The guidance draws on principles from international initiatives including the Coalition to Grow Carbon Markets, the Paris Agreement Crediting Mechanism, and ICVCM. In parallel, the government launched new tools for evaluating carbon removal activities, including applicant guidance, a self-assessment tool, and an online application process. The initiative aims to strengthen scientific credibility and support broader participation in high-integrity voluntary carbon markets.
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#NewZealand #CarbonRemoval #NBS #ICVCM #MRV #ICVCM
Senken And Sylvera Find Major Gaps In Carbon Credit Transparency Among DAX40 Firms
A joint study by Senken and Sylvera found significant transparency gaps in how Germany’s DAX40 companies disclose their use of carbon credits. While many firms have announced net-zero and carbon neutrality targets, the report found limited disclosure regarding credit types, project sources, integrity standards, and the role of offsets within broader decarbonization strategies. Researchers noted that many companies do not clearly state whether credits meet frameworks such as ICVCM’s Core Carbon Principles, VCMI Claims Code, or SBTi-related guidance. The findings highlight growing scrutiny around corporate carbon credit use, greenwashing risks, and climate claim credibility. Market participants expect stronger demand for high-integrity credits, removals, and more standardized disclosure practices as transparency expectations continue to rise.
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#Sylvera #Senken #DAX40 #ICVCM #CCP #SBTi #VCMI #HighIntegrityCredits #Greenwashing
ICVCM approves another carbon credit standard, mangrove restoration rules as high integrity
The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved another carbon credit standard and mangrove restoration methodologies as meeting its high-integrity Core Carbon Principles (CCP) requirements. The decision follows assessments covering additionality, baseline setting, permanence, leakage, and monitoring standards. The approval is expected to strengthen confidence in nature-based carbon credits, particularly blue carbon and coastal ecosystem restoration projects. Market participants say the move could increase interest in mangrove-related credits as demand grows for high-integrity carbon removals and nature-based solutions. However, scrutiny around permanence, climate risks, community impacts, and ecosystem monitoring for nature-based projects remains significant across voluntary carbon markets.
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#ICVCM #CCP #Mangrove #NBS #Additionality # Permanence #HighIntegrity
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