Launch of two IFM voluntary carbon price assessments: pricing notice

Fastmarkets launched two weekly Improved Forest Management (IFM) voluntary carbon price assessments on Wednesday December 18.

The new prices aim to improve transparency and increase granularity in the voluntary carbon market.

The price specifications for the new prices are as follows:

IFM avoidance, US, $/tCO2e (CB-CC-0013)
Quality: Avoidance carbon credits from representative IFM projects in the United States, from vintages of the past five years.
Quantity: Min 5,000 tCO2e, Max 50,000 tCO2e
Vintage: Past five years
Registry: Verra (Verified Carbon Standard), ACR
Location: United States
Timing: Prompt delivery
Unit: USD per tonne of CO2 equivalent
Publication: Weekly, Wednesday, by 12:30pm London time
Notes: The assessment reflects the most competitive and fungible credits that meet the price specification. The assessed vintages will roll at the start of each year. In 2024, the assessment represents vintages 2020-2024; from January 2025, it will represent vintages 2021-2025. Where credits are not tagged between avoidance and removals, they will be presumed avoidance.

IFM removals, US, $/tCO2e (CB-CC-0014)
Quality: Removal carbon credits from representative IFM projects located in US, from vintages of the past five years.
Quantity: Min 5,000 tCO2e, Max 50,000 tCO2e
Vintage: Past five years
Registry: Verra (Verified Carbon Standard), ACR
Location: United States
Timing: Prompt delivery
Unit: USD per tonne of CO2 equivalent
Publication: Weekly, Wednesday, by 12:30pm London time
Notes: The assessment reflects the most competitive and fungible credits that meet the price specification. The assessed vintages will roll at the start of each year. In 2024, the assessment represents vintages 2020-2024; from January 2025, it will represent vintages 2021-2025. Credits should be tagged as removals on the relevant registry.

These prices will be a part of the Fastmarkets Carbon package.

To provide feedback on these prices or if you would like to provide price information by becoming a data submitter to these prices, please contact Sam Carew by email at: pricing@fastmarkets.com. Please add the subject heading FAO: Sam Carew, re: IFM prices.

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

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