Extended Viewer

MSCI Carbon Markets (formerly Trove Research)

Research and Insights

Articles by MSCI Carbon Markets

    Outlook for the Global Biochar Market

    5 mins read Blog | Feb 15, 2024 | MSCI Carbon Markets

    We consider the outlook for the global biochar market, highlighting the increased demand for biochar carbon credits. What are biochar’s potential benefits and challenges in carbon removal, economic implications and role in global markets? 

    Why COP28 Underscores the Importance of Voluntary Carbon Markets

    8 mins read Blog | Dec 21, 2023 | MSCI Carbon Markets

    Recent climate talks fell short of agreement on the international trading of carbon reductions that are seen as key to funding the global energy transition. We explain what has hampered progress and why voluntary carbon markets are leading the way. 

    Verra’s New Methodology for Unplanned Deforestation Aims to Silence the Critics

    6 mins read Blog | Dec 1, 2023 | MSCI Carbon Markets

    A newly launched methodology by Verra addresses many of the concerns regarding carbon credits from avoided deforestation projects (REDD+), and includes the introduction of jurisdictional baselines and a deforestation risk tool.

    Using Carbon Credits to Meet Corporate Climate Targets

    Research Report | Nov 23, 2023 | MSCI Carbon Markets

    We analyze the impact of allowing firms to use carbon credits to help meet their science-based emissions targets, modeling how many carbon credits would be needed to close the gap to meet corporate emissions targets today and in 2030, and how many additional firms might sign up to science-based targets if such use of carbon credits were permitted.

    REDD.plus — A Green Idea, but Too Many Red Flags

    6 mins read Blog | Oct 19, 2023 | MSCI Carbon Markets

    The REDD.plus initiative has raised concerns due to its potential to flood the voluntary carbon market with carbon credits. The lack of methodological rigor, independent verification and permanence safeguards represent additional red flags.

    Potential Impact of the Core Carbon Principles on the Global Carbon Credit Market

    6 mins read Blog | Sep 20, 2023 | MSCI Carbon Markets

    If eligibility for the Core Carbon Principles becomes a new benchmark for ‘acceptable’ quality, understanding the proportion of total credits today that are likely to gain CCP status is vital for projecting how the market might evolve. 

    Investment Trends and Outcomes in the Global Carbon-Credit Market

    Research Report | Sep 14, 2023 | MSCI Carbon Markets

    Although USD 18 billion was raised for carbon credit projects in the last two and a half years alone, the current rate of investment is only one-third of the level needed to deliver the volume of credits required by 2030 under the agreed upon 1.5°C goal.

    ICVCM’s Core Carbon Principles Narrow the Gap Between Idealism and Pragmatism

    10 mins read Blog | Jul 28, 2023 | MSCI Carbon Markets

    To date, the voluntary carbon market (VCM) has lacked a common benchmark for carbon credit quality. The Integrity Council for the Voluntary Carbon Market’s Core Carbon Principles (CCPs) are a step toward building greater confidence in the market. 

    BECCS – Promising Technology for Net Zero or an Expensive Bet?

    7 mins read Blog | Jul 3, 2023 | MSCI Carbon Markets

    The rapid growth in interest in bioenergy with carbon capture and storage (BECCS) has been evidenced by a flurry of recent commercial deals, but BECCS face challenges with scalability and cost effectiveness.

    VCMI Claims Code of Practice – Important Progress but the Difficult Stuff Still Lies Ahead

    5 mins read Blog | Jun 29, 2023 | MSCI Carbon Markets

    The Voluntary Carbon Market Integrity Initiative’s Claims Code of Practice clarifies some aspects of how corporations can make high-integrity claims regarding their voluntary use of carbon credits, but more-controversial issues remain. 

    Corporate Emission Performance and the Use of Carbon Credits

    Research Report | Jun 1, 2023 | MSCI Carbon Markets

    Our analysis of the emissions performance of over 4,000 global companies and the link with the use of carbon credits found that companies that use material quantities of carbon credits are, on average, decarbonizing at twice the rate of companies that do not use them at all. 

    China’s Voluntary Carbon Market Could Burst Back to Life

    5 mins read Blog | Mar 21, 2023 | MSCI Carbon Markets

    A planned relaunch of China’s emissions-reduction credit system could revive the country’s carbon market. We detail what’s known and what’s still to be decided about the system, and the likely implications for the market.  

    Trove’s Updated Carbon Industry Classification

    5 mins read Blog | Oct 24, 2022 | MSCI Carbon Markets

    Trove Research introduces a new project classification to provide a comprehensive and more-granular picture of the entire voluntary carbon market and reviews the current market structure across all registered projects. 

    Does EasyJet’s Pivot Away From Carbon Credits Mean Airlines Are Cooling on the Carbon Market?

    5 mins read Blog | Oct 14, 2022 | MSCI Carbon Markets

    EasyJet Plc’s decision to stop buying carbon credits has raised concerns about airlines’ participation in the voluntary carbon market. We examine whether the worry is warranted.  

    Carbon-Neutral Fossil-Fuel Claims: 1Q 2022 Update

    Research Report | Apr 20, 2022 | MSCI Carbon Markets

    In 1Q 2022, there was a significant drop in the number of shipments claiming carbon-neutral status. The Ukraine war and an increase in carbon-credit prices in 2H 2021 may have deterred some fuel suppliers from using carbon offsets.

    Voluntary Carbon Market: 2021 in Review and 2022 Outlook

    Research Report | Jan 31, 2022 | MSCI Carbon Markets

    Trove Research’s quarterly update on the voluntary carbon market (VCM), covering summary charts for 2021 and our forecasts for 2022.

    Future Size of the Voluntary Carbon Market

    Research Report | Oct 29, 2021 | MSCI Carbon Markets

    We examine the Taskforce on Scaling Voluntary Carbon Markets’ estimates for the future size of the voluntary carbon market, comparing them to our own, much smaller, forecast of a market size of USD 10-40 billion in 2030.