Indonesia has approved four forestry projects to issue carbon credits for the first time since its 2022 export moratorium, as the government launches a new national forestry carbon hub.

Japan Airlines expects carbon credits to play a growing role in helping it to meet its decarbonization targets as long as sustainable aviation fuel (SAF) remains constrained by limited supply and high costs, according to its vice president of sustainability and ESG promotion, Hideki Ochiai.

China and India together withheld host country approval from nearly 1,000 project activities, concentrating near-term PACM supply in the smaller set of countries willing to authorize transition.

With CP1 spot prices down to $9.50 and airlines still holding back, the real debate is about which layer of CORSIA credit supply the market is pricing, from theoretical potential to the credits airlines can actually buy.

Fastmarkets has calculated its Carbon Border Adjustment Mechanism (CBAM) Certificate Index at a price only slightly below the official average price for the first quarter of this year, when the regime was brought into operation.

Asia holds a growing pipeline of CORSIA-eligible supply, yet slow carbon credit authorization keeps much of it off the market as airlines approach mandatory 2027 compliance.

Fastmarkets has corrected its CBAM Certificate Builder, €/tCO2e price for June 23 and 24 and CBAM Certificate Index, €/tCO2e for June 22, 23, and 24 due to an error in the EUA auction volume calculations.

Fastmarkets has corrected its CBAM Certificate Builder, €/tCO2e and CBAM Certificate Index, €/tCO2e for June 15 due to a backend calculation error.

The Mexico ETS is on track for a 2027 operational launch. Officials expect low initial carbon prices and a central role for offsets while emissions-intensive sectors near the limit of available cuts.

Lack of standardisation, certifications and market practises is creating growing uncertainty across green steel markets, with implications for pricing, procurement and credibility.