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. 

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.

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. 

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.

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. 

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.  

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.  

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.

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

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.